Seller's Agent in 2024
Matt Laricy
Americorp, Ltd
(708) 250-2696
50 in this area
2,544 Total Sales
340 On The Park 340 E Randolph St Unit 2902 Chicago, IL 60601
New East Side NeighborhoodEstimated Value: $802,167 - $941,000
2
Beds
2
Baths
1,647
Sq Ft
$961/mo
HOA Fee
Highlights
- Doorman
- Fitness Center
- Wood Flooring
- Water Views
- Property is near park
- 1-minute walk to Lakeshore East Park
About This Home
As of September 2024Discover 340 On The Park, the crown jewel of Lake Shore East, proudly gracing Chicago's iconic skyline! Towering 62 stories above Millennium Park, Buckingham Fountain, Monroe Harbor, and Lake Michigan, 340 offers unparalleled views showcasing the very essence of Chicago's urban splendor. Residence #2902 presents the ideal sanctuary to call home, boasting expansive panoramas of the lake and city skyline. This spacious 1647 square foot condo features a thoughtfully designed 2-bed + den, 2bath "02" floor plan, epitomizing luxury living at "340 ON THE PARK," the premier lakefront residence. Revel in the gourmet Snaidero kitchen, adorned with sleek GE Monogram stainless steel appliances, a vented cooking hood, quartz countertops, and bamboo hardwood floors throughout. Floor-to-ceiling windows bathe the space in natural light, while a generous 12x5 private terrace perfect for entertaining. The residence boasts a sizable living/dining area, bathrooms adorned in elegant natural stone, walk-in closets, pantry, and massive storage locker included in the list price. A heated garage parking spot is available for an additional $50k. Indulge in the unparalleled amenities of the recently remodeled 25th-floor Winter Garden, alongside the Club Room & Catering Kitchen. Dive into the 75-foot indoor lap pool, perfectly tempered for your morning swim, or work up a sweat in the Fitness Center, boasting breathtaking views to inspire your workout. Afterward, unwind in the steam or sauna, then refresh in the designated locker rooms. Experience the sense of community at 340 East Randolph, where superior on-site staff and management ensure a seamless living experience. With healthy reserves and a stunning two-story glass lobby, 340 On The Park sets the standard for sophisticated urban living in the heart of Chicago. Take a 3D Tour, CLICK on the 3D BUTTON & Walk Around.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $18,548
Year Built
- Built in 2007
Lot Details
- 0.8
HOA Fees
- $961 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Heated Garage
- Garage Door Opener
- Parking Included in Price
- Deeded Parking Sold Separately
Interior Spaces
- 1,647 Sq Ft Home
- Entrance Foyer
- Family Room
- Combination Dining and Living Room
- Den
- Storage
Kitchen
- Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Disposal
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
- Dual Sinks
- Whirlpool Bathtub
- Separate Shower
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
Schools
- Ogden Elementary
- Wells Community Academy Senior H High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Lake Michigan Water
Additional Features
- Additional Parcels
- Property is near park
Community Details
Overview
- Association fees include water, gas, insurance, doorman, tv/cable, clubhouse, exercise facilities, pool, exterior maintenance, lawn care, scavenger, snow removal, internet
- 344 Units
- Amy.Eickhoff@Fsresidential.Com Association, Phone Number (312) 938-3576
- High-Rise Condominium
- Property managed by Lieberman Management
- 63-Story Property
Amenities
- Doorman
- Valet Parking
- Sundeck
- Party Room
- Elevator
Recreation
- Bike Trail
Pet Policy
- Pets up to 150 lbs
- Limit on the number of pets
- Pet Size Limit
- Dogs and Cats Allowed
Security
- Resident Manager or Management On Site
- Storm Screens
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 26, 2024
Closed on
Sep 9, 2024
Sold by
M Real Estate Llc
Bought by
Ryan Deborah C and Ryan Gavin M
Seller's Agent
Matt Laricy
Americorp, Ltd
Buyer's Agent
Dawn McKenna
Coldwell Banker Realty
List Price
$699,999
Sold Price
$740,000
Premium/Discount to List
$40,001
5.71%
Views
8
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,292
Avg. Annual Appreciation
11.89%
Purchase Details
Listed on
Nov 1, 2019
Closed on
Feb 8, 2022
Sold by
Cha Kwang Yeon and Cha Young Jheen
Bought by
M Real Estate Llc
Seller's Agent
Margaret Baczkowski
@properties Christie's International Real Estate
Buyer's Agent
Margaret Baczkowski
@properties Christie's International Real Estate
List Price
$859,900
Sold Price
$795,000
Premium/Discount to List
-$64,900
-7.55%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.73%
Purchase Details
Closed on
Jul 24, 2009
Sold by
Cha Kwang Yeon and Cha Young R Jheen
Bought by
Young Cha Kwang Yeon and Young Jheencha
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$410,000
Interest Rate
5.29%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 1, 2007
Sold by
340 East Randolph Llc
Bought by
Jhee Cha Kwang Yeon and Jhee Cha Young
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
6.44%
Mortgage Type
Unknown
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ryan Deborah C | $740,000 | Chicago Title | |
| M Real Estate Llc | $795,000 | -- | |
| Young Cha Kwang Yeon | -- | First American Title | |
| Jhee Cha Kwang Yeon | $709,000 | Ctic |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Young Cha Kwang Yeon | $410,000 | |
| Previous Owner | Jhee Cha Kwang Yeon | $417,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/09/2024 09/09/24 | Sold | $740,000 | +5.7% | $449 / Sq Ft | |
| 07/29/2024 07/29/24 | Pending | -- | -- | -- | |
| 07/26/2024 07/26/24 | For Sale | $699,999 | -11.9% | $425 / Sq Ft | |
| 02/09/2022 02/09/22 | Off Market | $795,000 | -- | -- | |
| 02/08/2022 02/08/22 | Sold | $795,000 | -7.5% | $483 / Sq Ft | View Prior Sale |
| 01/25/2022 01/25/22 | Pending | -- | -- | -- | |
| 03/11/2021 03/11/21 | For Sale | $859,900 | 0.0% | $522 / Sq Ft | |
| 07/16/2020 07/16/20 | Pending | -- | -- | -- | |
| 11/01/2019 11/01/19 | For Sale | $859,900 | -- | $522 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $16,241 | $69,275 | $1,445 | $67,830 |
| 2024 | $16,241 | $69,275 | $1,445 | $67,830 |
| 2023 | $17,879 | $76,974 | $1,166 | $75,808 |
| 2022 | $17,879 | $90,345 | $1,166 | $89,179 |
| 2021 | $17,498 | $90,344 | $1,166 | $89,178 |
| 2020 | $18,249 | $85,019 | $1,055 | $83,964 |
| 2019 | $17,915 | $92,596 | $1,055 | $91,541 |
| 2018 | $17,612 | $92,596 | $1,055 | $91,541 |
| 2017 | $15,142 | $73,715 | $873 | $72,842 |
| 2016 | $14,264 | $73,715 | $873 | $72,842 |
| 2015 | $13,027 | $73,715 | $873 | $72,842 |
| 2014 | $12,887 | $72,027 | $804 | $71,223 |
| 2013 | $12,622 | $72,027 | $804 | $71,223 |
Source: Public Records
Agents Affiliated with this Home
-
Matt Laricy
-
Dawn McKenna
Buyer's Agent in 2024
Dawn McKenna
Coldwell Banker Realty
(312) 256-0028
9 in this area
319 Total Sales
-
Margaret Baczkowski
Seller's Agent in 2022
Margaret Baczkowski
@ Properties
(312) 371-8379
1 in this area
212 Total Sales
-
Hannah Cha
Seller Co-Listing Agent in 2022
Hannah Cha
@ Properties
(312) 500-5178
1 in this area
2 Total Sales
About 340 On The Park
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12122074
APN: 17-10-318-058-1173
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