NOT LISTED FOR SALE

340 On The Park 340 E Randolph St Unit 2901 Chicago, IL 60601

New East Side Neighborhood

Estimated Value: $1,718,000 - $1,876,078

3 Beds
3.5 Baths
2,371 Sq Ft
0.8 Acres Lot

Sale Details

Date Sold: September 6, 2022

Last sale price $1,630,000 $687 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $13,263 / mo

473 Days on Market

Highlights

  • Water Views
  • Fitness Center
  • Community Indoor Pool
  • Steam Room
  • Wood Flooring
  • 1-minute walk to Lakeshore East Park

About This Home

As of September 2022

340 ON THE PARK. BEST LOCATION IN CHICAGO AMAZING UNOBSTRUCTED VIEWS OF MILLENNIUM AND GRANT PARK, LAKE & HARBOR TO THE SOUTH* RIVER & CITY VIEWS TO THE NORTH* 2 TERRACES* SNAIDERO CABINETS, QUARTZ COUNTERS, GE MONOGRAM SS APPLS, BAMBOO FLOORS, LUXURY BATHS W/SPA TUB* AMENITIES 24 HR FRONT DESK STAFF, 4000 SQ FT FITNESS CENTER OVER LOOKING SAME AMAZING VIEWS, INDOOR LAP POOL, HOT TUB, CLUB RM, WINTER GARDEN W/LARGE TERRACE* Parking P5-1 P5-2 deeded separately $50K Each*Owners can rent after 1 year ownership, based on 15% rental cap. MUST SEE!!

Last Agent to Sell the Property

Unlim Lee Fenner

Berkshire Hathaway HomeServices Starck Real Estate License #475151433 Listed on: 04/16/2021

Berkshire Hathaway HomeServices Starck Real Estate

Last Buyer's Agent

Non Member

NON MEMBER

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $34,661

Year Built

  • Built in 2007

Lot Details

  • End Unit
  • Additional Parcels

HOA Fees

  • $1,611 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Heated Garage
  • Garage Transmitter
  • Parking Included in Price
  • Deeded Parking Sold Separately

Home Design

  • Reinforced Caisson Foundation
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,371 Sq Ft Home
  • Entrance Foyer
  • Living Room
  • Formal Dining Room
  • First Floor Utility Room
  • Wood Flooring

Kitchen

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

Bedrooms and Bathrooms

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

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Outdoor Features

Utilities

  • Zoned Heating and Cooling
  • Individual Controls for Heating
  • Baseboard Heating
  • 100 Amp Service
  • Cable TV Available

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, gas, insurance, doorman, tv/cable, clubhouse, exercise facilities, pool, exterior maintenance, lawn care, internet
  • 344 Units
  • Amy Association, Phone Number (312) 938-3576
  • High-Rise Community
  • Property managed by Firstserv Residential
  • 62-Story Property

Amenities

  • Sundeck
  • Steam Room
  • Party Room
  • Service Elevator
  • Package Room
  • Community Storage Space

Recreation

  • Community Spa

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site
  • Carbon Monoxide Detectors
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$34,661

Year Built

Built in 2007

Lot Details

0.8 Acres

HOA Fees

$1,611 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: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 29
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 62

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 3
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit
  • LivingArea: 2371
  • Other Equipment: TV-Cable, Fire Sprinklers, CO Detectors
  • Room Type: Foyer, Utility Room-1st Floor
  • Stories Total: 62
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Separate Shower,Double Sink
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Builder

Exterior Features

  • ExteriorFeatures: Balcony, End Unit
  • Foundation Details: Concrete Perimeter, Reinforced Caisson
  • Lot Features: Water View
  • Roof: Other
  • Waterfront: No
  • Exterior Building Type: Glass,Other

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Other
  • Garage Details: Transmitter(s),Heated
  • Garage On-Site: Yes
  • Garage Ownership: Deeded Sold Separately
  • Garage Type: Attached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 1611
  • Association Amenities: None, Exercise Room, Storage, Health Club, On Site Manager/Engineer, Party Room, Sundeck, Indoor Pool, Receiving Room, Sauna, Service Elevator(s), Steam Room, Spa/Hot Tub
  • Association Fee Frequency: Monthly
  • Management: Developer Controls
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Firstserv Residential
  • Management Contact Name: Amy
  • Management Phone: 312-938-3576
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Gas, Insurance, Doorman, TV/Cable, Clubhouse, Exercise Facilities, Pool, Exterior Maintenance, Lawn Care, Internet

Lot Info

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

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: TBD

Tax Info

  • Tax Annual Amount: 34661
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 344

MLS Schools

  • Other Public Sch Dist: 299
  • Othr Public Sch: 299

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 30, 2024
Sold by
Candogan Utku Ozan and Fan Alice
Bought by
Utku Ozan Candogan Trust and Alice Fan Trust
Current Estimated Value
$1,792,693

Purchase Details

Listed on
Apr 16, 2021
Closed on
Sep 6, 2022
Sold by
Shim John
Bought by
Candogan Utku Ozan and Fan Alice
Seller's Agent
Unlim Lee Fenner
Berkshire Hathaway HomeServices Starck Real Estate
Buyer's Agent
Non Member
NON MEMBER
Sold Price
$1,630,000
Views
1

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.62%
Original Mortgage
$400,000
Interest Rate
5.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 20, 2008
Sold by
340 East Randolph Llc
Bought by
Shim John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
5.5%
Mortgage Type
Unknown
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Utku Ozan Candogan Trust -- None Listed On Document
Candogan Utku Ozan $1,630,000 None Listed On Document
Shim John $1,600,000 Cti
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner Candogan Utku Ozan $400,000
Previous Owner Candogan Utku Ozan $900,000
Previous Owner Shim John $1,100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/06/2022 09/06/22 Sold $1,630,000 -6.8% $687 / Sq Ft
08/02/2022 08/02/22 Pending -- -- --
04/28/2022 04/28/22 Price Changed $1,749,000 -10.1% $738 / Sq Ft
01/29/2022 01/29/22 For Sale -- -- --
01/10/2022 01/10/22 Pending -- -- --
04/16/2021 04/16/21 For Sale $1,945,000 -- $820 / 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 $25,107 $107,095 $2,234 $104,861
2024 $25,107 $107,095 $2,234 $104,861
2023 $28,727 $118,996 $1,803 $117,193
2022 $28,727 $139,667 $1,803 $137,864
2021 $28,085 $139,665 $1,802 $137,863
2020 $29,279 $131,434 $1,632 $129,802
2019 $28,760 $143,148 $1,632 $141,516
2018 $28,277 $143,148 $1,632 $141,516
2017 $24,532 $113,960 $1,350 $112,610
2016 $22,325 $113,960 $1,350 $112,610
2015 $20,402 $113,960 $1,350 $112,610
2014 $20,183 $111,350 $1,243 $110,107
2013 $19,774 $111,350 $1,243 $110,107
Source: Public Records

Agents Affiliated with this Home

  • Unlim Lee Fenner

    Seller's Agent in 2022

    Unlim Lee Fenner

    Berkshire Hathaway HomeServices Starck Real Estate

    (630) 272-6462

    1 in this area

    13 Total Sales

    Unlim Lee Fenner
    Section Image

  • N

    Buyer's Agent in 2022

    Non Member

    NON MEMBER

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About 340 On The Park

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11056048

Midwest Real Estate Data (MRED)

APN: 17-10-318-058-1172

Illinois Cook County Chicago 60601 New East Side

340 E Randolph St Unit 2901, Chicago, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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