NOT LISTED FOR SALE

340 On The Park 340 E Randolph St Unit 3401 Chicago, IL 60601

New East Side Neighborhood

Estimated Value: $1,708,000 - $1,943,250

3 Beds
4 Baths
2,371 Sq Ft
$765/Sq Ft Est. Value

Sale Details

Date Sold: November 1, 2022

Last sale price $1,750,000 $738 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $13,400 / mo

About This Home

No parking included in sale price. Welcome to 340 on The Park. Floor to ceiling windows with stunning, protected views overlooking Lake, Harbor, Millennium Park, and City Skyline. Premier building in Lakeshore East. Only one owner in this residence, maintained in pristine condition: Italian Snaidero kitchen cabinets with upgrades including well designed breakfast bar overlooking Lake and Park and additional kitchen cabinets throughout. Laundry room off kitchen with newer side by side washer/dryer and wine/beverage refrigerator, additional storage cabinets. Desired floor plan that has 3 bedroom en-suites and additional guest bathroom. See the incredible views when you first step into this fabulous home, perfect for entertaining with open kitchen, dining and living space. Full floor, recently renovated amenities includes a spacious gym, entertainment room, private dining/conference room, kitchen, indoor 75ft lap-pool, hot tub, steam room, and sauna. Outdoor deck offers entertainment for indoor/outdoor events, 2 grilling stations. Two prime parking spaces P2-3&4 included in price along with full size storage locker. See attached floor plan under additional information.

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2022
Closed on
Oct 20, 2022
Sold by
Bought by
Seller's Agent
Naomi Wilkinson
Magellan Marketing Group LLC
Buyer's Agent
Nicholas Colagiovanni
Baird & Warner
List Price
$1,890,000
Sold Price
$1,750,000
Premium/Discount to List
-$140,000
-7.41%
Views
10
Current Estimated Value
$1,812,750

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,750
Avg. Annual Appreciation
0.97%
Original Mortgage
$550,000
Outstanding Balance
$529,819
Interest Rate
6.7%
Mortgage Type
New Conventional
Estimated Equity
$1,282,931

Purchase Details

Closed on
Nov 6, 2007
Sold by
Bought by

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
6.45%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
$1,750,000 Chicago Title
$1,445,000 Ctic
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
Open $550,000
Previous Owner $417,000
Source: Public Records

Property 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 Event Price List to Sale Price per Sq Ft Prior Sale
11/01/2022 11/01/22 Sold $1,750,000 -7.4% $738 / Sq Ft View Prior Sale
08/25/2022 08/25/22 Pending -- -- --
06/08/2022 06/08/22 For Sale $1,890,000 -- $797 / Sq Ft

Tax 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.

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 $23,957 $107,559 $2,244 $105,315
2024 $23,957 $107,559 $2,244 $105,315
2023 $27,585 $119,512 $1,811 $117,701
2022 $27,585 $140,272 $1,811 $138,461
2021 $27,002 $140,271 $1,810 $138,461
2020 $28,162 $132,004 $1,639 $130,365
2019 $27,645 $143,769 $1,639 $142,130
2018 $28,399 $143,769 $1,639 $142,130
2017 $24,639 $114,454 $1,356 $113,098
2016 $22,924 $114,454 $1,356 $113,098
2015 $20,973 $114,454 $1,356 $113,098
2014 $20,749 $111,833 $1,249 $110,584
2013 $20,340 $111,833 $1,249 $110,584
Source: Public Records

Agents Affiliated with this Home

  • Naomi Wilkinson

    Seller's Agent in 2022

    Naomi Wilkinson

    Magellan Marketing Group LLC

    (312) 622-1002

    49 in this area

    61 Total Sales

    Naomi Wilkinson
    Section Image
  • Leila Zammatta

    Seller Co-Listing Agent in 2022

    Leila Zammatta

    Magellan Marketing Group LLC

    (312) 493-8200

    166 in this area

    193 Total Sales

    Leila Zammatta
    Section Image
  • Nicholas Colagiovanni

    Buyer's Agent in 2022

    Nicholas Colagiovanni

    Baird Warner

    (312) 501-5151

    62 in this area

    204 Total Sales

    Nicholas Colagiovanni
    Section Image
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About 340 On The Park

Map

Illinois Cook County Chicago 60601 New East Side

340 E Randolph St Unit 3401, 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.

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