NOT LISTED FOR SALE

Estimated Value: $1,705,000 - $2,092,000

3 Beds
2.5 Baths
2,414 Sq Ft
34,848 Sq Ft Lot

Last Sold November 21, 2022

Last sale price $2,350,000 $973 Per Sq Ft

Est. 22% decrease in value since last sale

Current estimated payment $13,415/month

14 Days on Market

Highlights

  • Doorman
  • Waterfront
  • Whirlpool Bathtub
  • Fitness Center
  • Wood Flooring
  • 1-minute walk to Lakeshore East Park

About This Home

As of November 2022

Lakeshore East offers the King of Kings, a front and center view of the best, all encompassing painting of Chicago, composed of Lake Michigan, harbor and the boats, Maggie Daley, Millennium and Grant Parks, Historic architectural wall of buildings south of Randolph and Michigan Avenue where one can walk to the CSO, Chicago's Art Institute, Museum Campus, Shops, Retail and fine and casual dining. Residence 2405 is located in a prominent building constructed by Related Midwest with Mariano's, Village Market and the Lakeshore East Park to its north side. Residence 2405 features a split three bedroom floor plan with a primary bedroom facing directly south, taking all three pieces of the view in every day just like every window of this home. Residence 2405 is the only three bedroom plan that has a primary bedroom facing due south. 8" wide plank oak hardwood floors, high multi-piece baseboards, gracious foyer with powder room dressed in 1' x 1' turquoise tile, Kohler plumbing fixtures, double hanging coat closet with shelving and stainless steel wire baskets in the middle. All electric powered shades throughout, solid wood recessed panel doors with brushed stainless steel hardware. Sumptuous primary suite with walk-in closet fully built-out. Master bathroom with oversized shower, long stone bench, handheld, four body sprays, double niche for shower accouterments, dressed in slab marble and finest and even pebble basin, large drain, frameless glass. Bathroom floor in large slab marble tile. His and Hers floating, muted gold vanities with excellent storage, under mount sinks, 1.25" straight edge marble counters with subtle miniature gold mosaic abstract pieces for backsplashes. Built in, recessed Samsung tv, heated floors. Wide open rectangular living space accommodating a formal living room with beautiful built in hutch, bench, niches for art and photos, built in desk with exceptionally views. Completely open kitchen located in the center of the home showcasing French Door Subzero, high output Wolf Range, Wolf Double Oven and Microwave, under counter GE Monogram Wine fridge, Bosch dishwasher, disposal, Best high powered vented culinary hood, all wood cabinetry made in Lowell, IN and stainless hardware, 11' island with waterfall edge, thick mitered edge marble counters, full height backsplash, Fully built-out pantry at the end of the counter in the kitchen. Formal Dining room with chandelier. Family room with corner windows, access to a private 12' x 10' terrace off the living space to see Chicago. Sony built in and contemporary, rectangular fireplace. Two tandem bedrooms, second full bathroom with washed out blue hexagon floor tile, shower with frameless glass, bench in white, Infinity drain, body sprays, handheld and rain. Full width shower niche and top finishing piece of changing mosaic colors to meet 12" clean white stone. White vanity, quartz counter with shimmering flecks of stardust. Laundry room with in unit full size stackable Maytag Maxima washer and dryer front loader. Two heated side by side parking spaces P2-66 and P2-67 and an oversized storage locker, SPM-136 are all included in the list price. 340 On the Park is a full amenity building with nothing spared. Our 25th floor includes a 4,000 square foot gym, 75' two lane indoor lap pool, Sauna, steam rooms, locker rooms, whirlpool, sun terrace, Winter garden/hospitality room, cater's kitchen, two gas grills, activity chairs, table and lounges, private dining and conference room. Outdoor pet relief area and dry cleaners, access to pedway.

Last Agent to Sell the Property

Nicholas Colagiovanni

Baird & Warner License #475132688 Listed on: 09/28/2022

Baird & Warner

Last Buyer's Agent

Edith Schell

@properties Christies International Real Estate License #475127876

@properties Christies International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $35,070

Year Built

  • Built in 2007

Lot Details

  • Waterfront
  • Additional Parcels

HOA Fees

  • $1,630 Monthly HOA Fees

Parking

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

Interior Spaces

  • 2,414 Sq Ft Home
  • Entrance Foyer
  • Family Room
  • Combination Dining and Living Room
  • Storage
  • Wood Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Dryer
  • Washer

Accessible Home Design

  • Wheelchair Access
  • Accessibility Features

Utilities

  • Zoned Heating and Cooling
  • Individual Controls for Heating
  • Baseboard Heating
  • Lake Michigan Water

Community Details

Overview

  • Association fees include air conditioning, water, gas, insurance, security, doorman, exercise facilities, pool, exterior maintenance, scavenger, snow removal
  • 344 Units
  • Amy Eickhoff Association, Phone Number (312) 938-3586
  • High-Rise Condominium
  • Property managed by First Service Residential
  • 63-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Elevator
  • Service Elevator
  • Package Room
  • Community Storage Space

Recreation

  • Community Spa
  • Bike Trail

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$35,070

Year Built

Built in 2007

Lot Details

0.8 Acres

HOA Fees

$1,630 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: 11-15 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 24
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 63

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: None
  • Accessibility Features: Wheelchair Accessible
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit, Storage
  • LivingArea: 2414
  • Room Type: Foyer
  • Stories Total: 63
  • Basement Description: None
  • Bathroom Amenities: Whirlpool,Separate Shower,Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • ResoLivingAreaSource: Builder

Exterior Features

  • Waterfront: Yes
  • Exterior Building Type: Steel Siding,Glass

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage Details: Heated
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 1630
  • Association Amenities: Bike Room/Bike Trails, Door Person, Elevator(s), Exercise Room, Storage, Health Club, On Site Manager/Engineer, Indoor Pool, Receiving Room, Service Elevator(s), Valet/Cleaner, Spa/Hot Tub
  • 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: 312-938-3586
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

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: 999

Tax Info

  • Tax Annual Amount: 35069.59
  • Tax Year: 2020

Multi Family

  • Units in Building: 344

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2022
Closed on
Nov 21, 2022
Sold by
Ash Realty Group Llc
Bought by
Michael T Gavin And Connie S Gavin Trust and Gavin
Seller's Agent
Nicholas Colagiovanni
Baird & Warner
Buyer's Agent
Edith Schell
@properties Christies International Real Estate
List Price
$2,600,000
Sold Price
$2,350,000
Premium/Discount to List
-$250,000
-9.62%
Current Estimated Value
$1,841,558

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$508,442
Avg. Annual Appreciation
-7.06%
Original Mortgage
$1,645,000
Outstanding Balance
$1,559,195
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$282,363

Purchase Details

Listed on
Jan 5, 2021
Closed on
Mar 26, 2021
Sold by
Peterman Catherine M
Bought by
Ash Realty Group Llc
Seller's Agent
Nicholas Colagiovanni
Baird & Warner
Buyer's Agent
David Mishel
Real Broker LLC
List Price
$2,400,000
Sold Price
$2,200,000
Premium/Discount to List
-$200,000
-8.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.05%

Purchase Details

Closed on
Dec 17, 2018
Sold by
Freeman Michael J
Bought by
Peterman Catherine M

Purchase Details

Closed on
Dec 14, 2012
Sold by
Peterman John M and Peterman Catherine M
Bought by
Freeman Michael J and The First Restated John M Peterman And C

Purchase Details

Closed on
Jan 5, 2012
Sold by
Bedford Bruce P
Bought by
Peterman John M and Peterman Catherine M

Purchase Details

Closed on
Oct 11, 2007
Sold by
340 East Randolph Llc
Bought by
Bedford Bruce P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,211,250
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
Michael T Gavin And Connie S Gavin Trust $2,350,000 None Listed On Document
Ash Realty Group Llc $2,200,000 Landtrust National Ttl Servi
Peterman Catherine M -- Attorney
Freeman Michael J -- None Available
Peterman John M $1,675,000 First American Title Ins Co
Bedford Bruce P $1,615,000 Cti
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Michael T Gavin And Connie S Gavin Trust $1,645,000
Previous Owner Bedford Bruce P $1,211,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/21/2022 11/21/22 Sold $2,350,000 -9.6% $973 / Sq Ft
10/13/2022 10/13/22 Pending -- -- --
09/28/2022 09/28/22 For Sale $2,600,000 +18.2% $1,077 / Sq Ft
03/26/2021 03/26/21 Sold $2,200,000 -8.3% $912 / Sq Ft View Prior Sale
03/10/2021 03/10/21 Pending -- -- --
01/05/2021 01/05/21 For Sale $2,400,000 -- $995 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $25,177 $107,394 $2,241 $105,153
2024 $25,177 $107,394 $2,241 $105,153
2023 $28,807 $119,328 $1,808 $117,520
2022 $28,807 $140,056 $1,808 $138,248
2021 $28,164 $140,054 $1,807 $138,247
2020 $29,361 $131,800 $1,636 $130,164
2019 $28,840 $143,547 $1,636 $141,911
2018 $28,355 $143,547 $1,636 $141,911
2017 $24,600 $114,277 $1,354 $112,923
2016 $22,888 $114,277 $1,354 $112,923
2015 $20,941 $114,277 $1,354 $112,923
2014 $20,717 $111,661 $1,247 $110,414
2013 $20,308 $111,661 $1,247 $110,414
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11640470

Midwest Real Estate Data (MRED)

APN: 17-10-318-058-1159

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