NOT LISTED FOR SALE

Estimated Value: $1,787,000 - $1,915,000

3 Beds
2.5 Baths
2,412 Sq Ft
$1,804/mo HOA Fee

Last Sold December 13, 2024

Last sale price $1,800,000 $746 Per Sq Ft

Current estimated payment $13,191/month

35 Days on Market

Highlights

  • Doorman
  • Steam Room
  • Open Floorplan
  • Lake Front
  • Fitness Center
  • 1-minute walk to Lakeshore East Park

About This Home

As of December 2024

340 ON THE PARK: THE JEWEL IN THE CROWN OF LAKE SHORE EAST! Chicago's first LEED certified residential tower in Chicago! 340 delivers a muscular urban scale that stands up to its neighbors and commands its place at the north end of our glorious park and lake! Unit #1805 complements the modernist rectilinear design aesthetic of the exterior of 340 with thoughtful organic details. Custom bamboo millwork full height doors, foyer entry millwork with seamless openings to powder room and storage. Other custom millwork is fully integrated to maximize the impact of the views while providing placement of favorite objects. The views from #1805 will knock your socks off! From the moment you open the door, Millennium Park, Lake Michigan, the harbor, Buckingham Fountain, the Bean and Michigan Avenue provide a visual explosion of stimulation! From sunrise to sunset, the everchanging beauty of Chicago never disappoints! #1805 is one of only 8 unique 3bds/2.5 bas in the SW corner. All public rooms and the primary bedroom face south w/ unparallel views! The two secondary bedrooms have their own wing and back entrance for privacy. The terrace is the very best one as it is recessed into the building which allows use for many months of outdoor enjoyment! Bamboo floors throughout public spaces and primary bedroom and hallways; carpet in secondary bds. The unit is is pristine condition with many enhancements (check Add'l Info). 340 on the Park is a full amenity condo: 25th floor Winter Garden, 2 story lounge with terrace, Club Room w/ catering kitchen, fully equipped exercise room, spa with steam/sauna, showers, lockers leading to 75' indoor pool. Excellent staff on duty 24/7, mgmt. M/F on site, valet cleaners, bike storage. Access to LSE amenities including Mariano's, restaurants, 6 acre park. #1805 includes 2 PRIME PARKING SPACES P2-79 and P2-80 and 2 STORAGE LOCKERS SP-34 ON P5 PARKING LEVEL and SP-107 ON 63RD FLOOR. FULL HEIGHT WINDOWS IN #1805!

Last Agent to Sell the Property

Nancy Nugent

Jameson Sotheby's Intl Realty License #475083793 Listed on: 10/11/2024

Jameson Sotheby's Intl Realty

Last Buyer's Agent

Nicholas Colagiovanni

Baird & Warner License #475132688

Baird & Warner

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $29,559

Year Built

  • Built in 2007

Lot Details

  • Lake Front
  • Additional Parcels

HOA Fees

  • $1,804 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Heated Garage
  • Garage Transmitter
  • Parking Included in Price

Home Design

  • Reinforced Caisson Foundation

Interior Spaces

  • 2,412 Sq Ft Home
  • Open Floorplan
  • Historic or Period Millwork
  • Ceiling height of 9 feet or more
  • Insulated Windows
  • Shades
  • Entrance Foyer
  • Family Room
  • Living Room
  • Formal Dining Room
  • Storage

Kitchen

  • Built-In Oven
  • Electric Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Home Security

Utilities

  • Central Air
  • Individual Controls for Heating
  • Baseboard Heating
  • 100 Amp Service
  • Lake Michigan Water
  • Cable TV Available

Additional Features

  • LEED For Homes Silver Status

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include air conditioning, water, gas, insurance, doorman, tv/cable, exercise facilities, pool, exterior maintenance, scavenger, snow removal, internet
  • 344 Units
  • Amy Eickhoff Association, Phone Number (312) 938-3576
  • High-Rise Condominium
  • Property managed by FIRST SERVICE RESIDENTIAL
  • 63-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Sundeck
  • Steam Room
  • Party Room
  • Elevator
  • Service Elevator
  • Package Room
  • Community Storage Space

Recreation

  • Community Spa
  • Park
  • Bike Trail

Pet Policy

  • Pets up to 150 lbs
  • Limit on the number of pets
  • Pet Size Limit
  • Dogs and Cats Allowed

Security

  • Security Service
  • Resident Manager or Management On Site
  • Storm Screens
  • Carbon Monoxide Detectors
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$29,559

Year Built

Built in 2007

Lot Details

0

HOA Fees

$1,804 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,High Rise (7+ Stories)
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,High Rise (7+ Stories)
  • Year Built: 2007
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: Interstate Access,Non-Smoking Building
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 18
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 63

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Cooktop, Built-In Oven, Gas Cooktop, Electric Oven, Range Hood
  • Basement: None
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Interior Amenities: Hardwood Floors, First Floor Laundry, Storage, Walk-In Closet(s), Ceilings - 9 Foot, Open Floorplan, Some Carpeting, Special Millwork
  • LivingArea: 2412
  • Other Equipment: TV-Cable, Fire Sprinklers, CO Detectors
  • Room Type: Foyer
  • Stories Total: 63
  • Estimated Total Finished Sq Ft: 2412
  • Basement Description: None
  • Bathroom Amenities: Whirlpool,Separate Shower,Double Sink,Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 2412
  • Window Features: Insulated Windows,Shades,Window Treatments
  • Flooring: Hardwood
  • ResoLivingAreaSource: Builder

Exterior Features

  • ExteriorFeatures: Balcony, Storms/Screens
  • Foundation Details: Reinforced Caisson
  • Lot Features: Lake Front, Water View
  • Roof: Other
  • Waterfront: Yes
  • Exterior Building Type: Glass,Other

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Driveway: Concrete,Side Drive
  • Garage Details: Transmitter(s),Heated
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Other
  • Cooling: Central Air
  • Electric: Circuit Breakers, 100 Amp Service
  • Heating: Electric, Baseboard, Indv Controls
  • Laundry Features: In Unit, Laundry Closet
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit, Size Limit
  • Association Fee: 1804
  • Association Amenities: Bike Room/Bike Trails, Door Person, Elevator(s), Exercise Room, Storage, Health Club, On Site Manager/Engineer, Park, Party Room, Sundeck, Indoor Pool, Receiving Room, Sauna, Service Elevator(s), Steam Room, Valet/Cleaner, Spa/Hot Tub, Security, Water View
  • Association Fee Frequency: Monthly
  • Management: Manager On-site,Monday through Friday
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: FIRST SERVICE RESIDENTIAL
  • Management Contact Name: Amy Eickhoff
  • Management Phone: 312-938-3576
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Air Conditioning, Water, Gas, Insurance, Doorman, TV/Cable, Exercise Facilities, Pool, Exterior Maintenance, Scavenger, Snow Removal, Internet

Lot Info

  • Additional Parcels: Yes
  • Lot Dimensions: COMMON
  • Special Assessments: N

Green Features

  • Green Building Verification Type: LEED-H Silver

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 150

Tax Info

  • Tax Annual Amount: 29558.55
  • Tax Year: 2023
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 344

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2024
Closed on
Dec 16, 2024
Sold by
Todd D Doersch Living Trust and Ute W Doersch Living Trust
Bought by
Bahuguna Anwiti and Racunas Paul B
Seller's Agent
Nancy Nugent
Jameson Sotheby's Intl Realty
Buyer's Agent
Nicholas Colagiovanni
Baird & Warner
List Price
$1,950,000
Sold Price
$1,800,000
Premium/Discount to List
-$150,000
-7.69%
Views
40
Current Estimated Value
$1,794,843

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,157
Avg. Annual Appreciation
2.35%

Purchase Details

Closed on
Feb 2, 2012
Sold by
Doersch Todd D and Doersch Ute
Bought by
Doersch Todd D and The Todd D Doersch Living Trust

Purchase Details

Closed on
Oct 20, 2008
Sold by
Koz Daniel
Bought by
Doersch Todd D and Doersch Ute

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
5.22%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 16, 2007
Sold by
340 East Randolph Llc
Bought by
Koz Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,088,000
Interest Rate
7.37%
Mortgage Type
Unknown
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Bahuguna Anwiti $1,800,000 Fidelity National Title
Bahuguna Anwiti $1,800,000 Fidelity National Title
Doersch Todd D -- None Available
Doersch Todd D $1,855,000 First American
Doersch Todd D $1,855,000 First American
Koz Daniel $1,360,000 Cti
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Doersch Todd D $417,000
Previous Owner Koz Daniel $1,088,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/13/2024 12/13/24 Sold $1,800,000 -7.7% $746 / Sq Ft
11/15/2024 11/15/24 Pending -- -- --
10/11/2024 10/11/24 For Sale $1,950,000 -- $808 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $24,135 $105,935 $2,210 $103,725
2024 $24,135 $105,935 $2,210 $103,725
2023 $27,712 $117,707 $1,783 $115,924
2022 $27,712 $138,154 $1,783 $136,371
2021 $27,112 $138,153 $1,783 $136,370
2020 $28,271 $130,010 $1,614 $128,396
2019 $27,760 $141,597 $1,614 $139,983
2018 $27,292 $141,597 $1,614 $139,983
2017 $23,540 $112,726 $1,336 $111,390
2016 $22,078 $112,726 $1,336 $111,390
2015 $20,176 $112,726 $1,336 $111,390
2014 $19,959 $110,144 $1,230 $108,914
2013 $19,554 $110,144 $1,230 $108,914
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12183701

Midwest Real Estate Data (MRED)

APN: 17-10-318-058-1123