NOT LISTED FOR SALE

Estimated Value: $582,000 - $663,000

1 Bed
1.5 Baths
1,244 Sq Ft
$803/mo HOA Fee

Last Sold September 20, 2023

Last sale price $505,000 $406 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $4,949/month

31 Days on Market

Highlights

  • Doorman
  • Fitness Center
  • Wood Flooring
  • Steam Room
  • Waterfront
  • 1-minute walk to Lakeshore East Park

About This Home

As of September 2023

Lakeshore East's Benchmark residential condominium high rise constructed by Related Midwest. The first residential Leed Certified Green building in Chicago. Only 12 units with this floor plan offering a wide-open living space with floor to ceiling windows, with views to the north skyline of modern architecture, Chicago River, the Lakeshore East Park, west and east city and a south view of Millennium Park and historic buildings fronting on Michigan Avenue. All windows with contemporary Mechoshade shades. Wide open kitchen with very generous anchor island, high output cooktop, built in to cabinet oven from GE Monogram, vented culinary hood, GE Monogram refrigerator, microwave and dishwasher. 1.25" Quartz center counter tops, under mount sinks, glass mosaic backsplash. Snaidero, flat panel cabinetry with frosted upper glass cabinets. Multiple seating areas without a crowd including dining room table, bar stools at the island, small office looking out to the views, a generous living space to enjoy the tranquility and serenity of the Lakeshore Park. Art display and inviting foyer. Powder room. Primary bedroom includes full size LG TROMM stackable washer and dryer, walk-in closet outfitted by Elfa shelving system. Bedroom large enough for a king bed. Bathroom dressed in natural stone, soaking tub and shower combination, vanity, all Duravit plumbing fixtures. Pristine paint and bamboo floors, so lightly lived in. High end lighting fixtures include Artemide Logico in the dining area, Hunter Classic ceiling fan in the bedroom. A full amenity rich building begins with a 25th floor with end to end of cohesive amenities including our Wintergarden with direct access to the the Sundeck, furniture, lounge chairs for sunning near the two lane 75' lap pool, Wintergarden, Private Dining/Conference Room, Caterer's Kitchen, 4,000 square foot gym where trainers are more than welcome, steam rooms and dry sauna. Courtesy Parking Program, no wait and no charge to residents in our private garage, Pedway connection on second level of the garage. Dry cleaners, outdoor pet relief area, easy access out of all of the Lakeshore East Buildings to Mariano's, Village Market and Restaurants. All furniture from Room&Board specifically tailored to 1806 is included in the list price. Garage heated parking P5-51, large storage on that same floor included in the list price. Garage can be entered and exited at Upper, Middle and Lower Randolph. Enjoy the front and center position of 340 On the Park overlooking Maggie Daley Park, Millennium Park, The Chicago Art Institute, The bike and jogging path at Monroe and Lakeshore Drive and so much more. A pied a terre, a first home or a wonderful home to downsize to, there will not be a disappointment with Lakeshore East and 340 On the Park. 1244 square feet, a quieter side, though remaining in a glass box.

Last Agent to Sell the Property

Nicholas Colagiovanni

Baird & Warner License #475132688 Listed on: 07/10/2023

Baird & Warner

Last Buyer's Agent

Nicholas Colagiovanni

Baird & Warner License #475132688 Listed on: 07/10/2023

Baird & Warner

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $14,258

Year Built

  • Built in 2007

Lot Details

  • Waterfront
  • Additional Parcels

HOA Fees

  • $803 Monthly HOA Fees

Parking

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

Home Design

  • Reinforced Caisson Foundation
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,244 Sq Ft Home
  • Entrance Foyer
  • Family Room
  • Combination Dining and Living Room
  • Den

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Central Air
  • Individual Controls for Heating

Community Details

Overview

  • Association fees include air conditioning, water, gas, parking, insurance, security, doorman, tv/cable, exercise facilities, pool, exterior maintenance, scavenger, snow removal, internet
  • 344 Units
  • Amy Eikoff Association, Phone Number (312) 938-3576
  • Property managed by First Service Residential
  • 62-Story Property

Amenities

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

Recreation

  • Community Spa
  • Bike Trail

Pet Policy

  • Pets up to 100 lbs
  • Limit on the number of pets
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$14,258

Year Built

Built in 2007

Lot Details

0

HOA Fees

$803 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 2007
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • 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: 62

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Freezer, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 1
  • LivingArea: 1244
  • Room Type: Foyer, Den
  • Stories Total: 62
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Whirlpool
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Flooring: Carpet
  • ResoLivingAreaSource: Estimated

Exterior Features

  • Foundation Details: Concrete Perimeter, Reinforced Caisson
  • Waterfront: Yes
  • Exterior Building Type: Glass,Other

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage Details: Transmitter(s),Heated
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Electric, Indv Controls
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit
  • Association Fee: 803
  • Association Amenities: Bike Room/Bike Trails, Door Person, Elevator(s), Exercise Room, Storage, Health Club, On Site Manager/Engineer, Party Room, Sundeck, Indoor Pool, Receiving Room, Sauna, Service Elevator(s), Steam Room, Valet/Cleaner, Spa/Hot Tub, Business Center
  • Association Fee Frequency: Monthly
  • Management: Manager On-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: First Service Residential
  • Management Contact Name: Amy Eikoff
  • Management Phone: 312-938-3576
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Lot Info

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

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 100

Tax Info

  • Tax Annual Amount: 14258.05
  • Tax Year: 2021
  • Tax Exemptions: None

Multi Family

  • Units in Building: 344

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2023
Closed on
Sep 18, 2023
Sold by
Black Clifford
Bought by
Wong Abraham Trust and Abraham
Seller's Agent
Nicholas Colagiovanni
Baird & Warner
Buyer's Agent
Nicholas Colagiovanni
Baird & Warner
List Price
$625,000
Sold Price
$505,000
Premium/Discount to List
-$120,000
-19.2%
Views
61
Current Estimated Value
$628,062

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,062
Avg. Annual Appreciation
10.18%

Purchase Details

Closed on
Sep 24, 2007
Sold by
340 East Randolph Llc
Bought by
Black Clifford

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.55%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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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
Wong Abraham Trust $505,000 None Listed On Document
Black Clifford $428,000 Cti
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Black Clifford $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/20/2023 09/20/23 Sold $505,000 -19.2% $406 / Sq Ft
08/11/2023 08/11/23 Pending -- -- --
07/10/2023 07/10/23 For Sale $625,000 -- $502 / 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
2024 $10,257 $49,123 $1,025 $48,098
2023 $11,910 $54,581 $827 $53,754
2022 $11,910 $64,063 $827 $63,236
2021 $11,677 $64,061 $826 $63,235
2020 $12,186 $60,286 $748 $59,538
2019 $11,952 $65,659 $748 $64,911
2018 $12,291 $65,659 $748 $64,911
2017 $10,526 $52,271 $619 $51,652
2016 $9,969 $52,271 $619 $51,652
2015 $9,098 $52,271 $619 $51,652
2014 $9,000 $51,074 $570 $50,504
2013 $8,811 $51,074 $570 $50,504
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11827329

Midwest Real Estate Data (MRED)

APN: 17-10-318-058-1124