NOT LISTED FOR SALE

340 On The Park 340 E Randolph St Unit 3504 Chicago, IL 60601

New East Side Neighborhood

Estimated Value: $950,100 - $1,231,000

2 Beds
3 Baths
1,902 Sq Ft
0.8 Acres Lot

Sale Details

Date Sold: January 11, 2022

Last sale price $985,000 $518 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $8,277 / mo

112 Days on Market

Highlights

  • Whirlpool Bathtub
  • Resident Manager or Management On Site
  • High-Rise Community
  • Attached Garage
  • Combination Dining and Living Room
  • 1-minute walk to Lakeshore East Park

About This Home

As of January 2022

Live in the lap of luxury at 340 On The Park in this highly upgraded unit. This beautifully maintained 2 bed/ 2.5 bath + den home offers a spacious living/dining combo that overlooks a private balcony complete with spectacular North views of the City and Lakeshore East Park. Feel right at home the moment you enter through the large foyer and walk into this glorious, open floor plan perfect for entertaining. The fully remodeled white kitchen is a dream with all new Ultracraft maple cabinets, quartz countertops, and high end GE stainless steel appliances. Special features include 10' ceilings, bamboo floors throughout, Nest thermostat, newer light fixtures, and custom closet built-ins and organizers by Closet Works. The primary bedroom is your own oasis with a large walk-in closet and spa-like bathroom complete with separate spa tub and shower and dual vanity with new Ultracraft maple cabinets, Caesarstone countertops, and Verdera lighted medicine cabinets/mirrors. A large second bedroom, den/office, and a fully updated guest bath round off this beauty. Secured building with 24 hour doorman and luxury amenities which include a lap pool, spa, state-of-the-art health club, sauna, community room, and sundeck with expansive views of Maggie Daley Park, Buckingham Fountain, and the Lake. Walking distance to all that Lakeshore East has to offer- Millennium Park, Riverwalk, and the Magnificent Mile. Large storage cage included. Two garage parking spots available for an additional cost.

Last Agent to Sell the Property

Lauren Mitrick Wood

Compass License #475141655 Listed on: 07/21/2021

Compass

Co-Listed By

Laura Davis

Compass License #475180580

Last Buyer's Agent

Donna Wilkens

Jameson Sotheby's Intl Realty License #475140344

Jameson Sotheby's Intl Realty

Property Details

Home Type

  • Condominium

Year Built | Renovated

  • 2007 | 2017

Lot Details

  • 0.8

HOA Fees

  • $1,000 per month

Parking

  • Attached Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Interior Spaces

  • Combination Dining and Living Room

Bedrooms and Bathrooms

  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • 344 Units
  • Liz Sarthy Association, Phone Number (312) 938-3576
  • High-Rise Community
  • Property managed by FirstService Residential

Pet Policy

  • Pets Allowed
  • Pets up to 150 lbs

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Year Built | Renovated

2007 | 2017

Lot Details

0.8 Acres

HOA Fees

$1,000 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • Property Type: Residential
  • Type Attached: Condo,High Rise (7+ Stories)
  • Property Sub Type: Condo,High Rise (7+ Stories)
  • Age: 11-15 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 35
  • Rehab Year: 2017
  • New Construction Y/N: No
  • Co List Office Mls Id: MRD87121
  • Co List Office Phone: (773) 466-7150
  • Directions: MICHIGAN AVE EAST ON RANDOLPH TO FIELD BLVD. U-TURN TO BLDG. 15 MIN PRKG IN FRONT OF BLDG.
  • Lot Size: COMMON
  • New Construction: No
  • Ownership: Condo
  • Subdivision Name: 340 on the Park
  • Actual Status: Closed
  • Special Features: None
  • Year Built: 2007
  • Year Renovated: 2017

Interior Features

  • Appliances: Range, Microwave, Dishwasher, High End Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Range Hood, Gas Cooktop
  • Has Basement: None
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Whirlpool,Separate Shower,Double Sink
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit, Walk-In Closet(s), Ceiling - 10 Foot, Open Floorplan, Dining Combo
  • Dining Room Type: Den
  • Stories: 62

Exterior Features

  • Exterior Features: Balcony
  • Foundation Details: Concrete Perimeter
  • Exterior Building Type: Glass,Concrete
  • Waterfront: No

Garage/Parking

  • Number of Cars: 1
  • Driveway: Concrete
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage
  • Garage Spaces: 1

Utilities

  • Cooling: Central Air
  • Heating: Electric, Baseboard
  • Electric: Circuit Breakers
  • Laundry Features: In Unit
  • Sewer: Public Sewer
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Management: Manager On-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: FirstService Residential
  • Management Contact Name: Liz Sarthy
  • Management Phone: 312-938-3576
  • 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), Valet/Cleaner, Spa/Hot Tub
  • Association Fee: 1000
  • Association Fee Frequency: Monthly
  • Pets Allowed: Cats OK, Dogs OK, Number Limit, Size Limit

Fee Information

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

Schools

  • Junior High Dist: 299

Lot Info

  • Rural (Y/N): N
  • Special Assessments: N
  • Additional Parcels: No

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 150

Multi Family

  • Units in Building: 344

Tax Info

  • Tax Exemptions: Homeowner
  • Tax Annual Amount: 20903.7
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 3, 2022
Sold by
Terri Steinberg-Zajac Revocable Trust
Bought by
Terri K Steinberg-Zajac Qualified Personal Re
Current Estimated Value
$1,081,525

Purchase Details

Listed on
Jul 21, 2021
Closed on
Jan 20, 2022
Sold by
Cozzini Michelle and Michelle Cozzini Trust
Bought by
Steinberg-Zajac Terri and Terri Steinberg-Zajac Revocable Trust
Seller's Agent
Lauren Mitrick Wood
Compass
Buyer's Agent
Donna Wilkens
Jameson Sotheby's Intl Realty
List Price
$1,075,000
Sold Price
$985,000
Premium/Discount to List
-$90,000
-8.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.21%

Purchase Details

Listed on
Jul 21, 2021
Closed on
Jan 11, 2022
Sold by
Cozzini Michelle and Michelle Cozzini Trust
Bought by
Steinberg-Zajac Terri and Terri Steinberg-Zajac Revocable Trust
Seller's Agent
Lauren Mitrick Wood
Compass
Buyer's Agent
Donna Wilkens
Jameson Sotheby's Intl Realty
List Price
$1,075,000
Sold Price
$985,000
Premium/Discount to List
-$90,000
-8.37%

Purchase Details

Closed on
Dec 13, 2017
Sold by
Cozzini Michelle
Bought by
Cozzini Michelle and The Michelle Cozzini Trust Dated Decembe

Purchase Details

Closed on
Oct 5, 2017
Sold by
Cozzini Oswald and Cozzini Madeline
Bought by
Cozzini Michelle

Purchase Details

Listed on
Sep 8, 2016
Closed on
Nov 15, 2016
Sold by
Patten William D
Bought by
Cozzini Oswald and Cozzini Madeline C
Seller's Agent
Kittie Dyer
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Helaine Cohen
Berkshire Hathaway HomeServices Chicago
List Price
$1,150,000
Sold Price
$1,150,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.65%

Purchase Details

Closed on
Aug 14, 2014
Sold by
Patten William D and Patten Diane M
Bought by
Patten Diane M and Diane M Patten Revocable Trust

Purchase Details

Closed on
Nov 9, 2007
Sold by
340 East Randolph Llc
Bought by
Patten William D and Patten Diane M

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
6.47%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Terri K Steinberg-Zajac Qualified Personal Re -- None Listed On Document
Steinberg-Zajac Terri -- --
Steinberg-Zajac Terri -- --
Steinberg-Zajac Terri -- --
Cozzini Michelle -- Attorney
Cozzini Michelle -- None Available
Cozzini Oswald $1,150,000 Chicago Title
Patten Diane M -- None Available
Patten William D $850,000 Cti
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Patten William D $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/11/2022 01/11/22 Sold $985,000 -8.4% $518 / Sq Ft
11/11/2021 11/11/21 Pending -- -- --
07/21/2021 07/21/21 For Sale $1,075,000 -6.5% $565 / Sq Ft
11/15/2016 11/15/16 Sold $1,150,000 0.0% $605 / Sq Ft View Prior Sale
09/19/2016 09/19/16 Pending -- -- --
09/08/2016 09/08/16 For Sale $1,150,000 -- $605 / 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 $18,517 $78,988 $1,648 $77,340
2024 $18,517 $78,988 $1,648 $77,340
2023 $19,921 $87,765 $1,330 $86,435
2022 $19,921 $103,011 $1,330 $101,681
2021 $20,044 $103,009 $1,329 $101,680
2020 $20,904 $96,938 $1,203 $95,735
2019 $20,523 $105,577 $1,203 $104,374
2018 $20,176 $105,577 $1,203 $104,374
2017 $17,367 $84,050 $996 $83,054
2016 $16,334 $84,050 $996 $83,054
2015 $14,921 $84,050 $996 $83,054
2014 $14,761 $82,125 $917 $81,208
2013 $14,458 $82,125 $917 $81,208
Source: Public Records

Agents Affiliated with this Home

  • Lauren Mitrick Wood

    Seller's Agent in 2022

    Lauren Mitrick Wood

    Compass

    (312) 448-4069

    7 in this area

    654 Total Sales

    Lauren Mitrick Wood
    Section Image
  • Laura Davis

    Seller Co-Listing Agent in 2022

    Laura Davis

    Compass

    (954) 913-1353

    5 in this area

    29 Total Sales

    Laura Davis
    Section Image
  • Donna Wilkens

    Buyer's Agent in 2022

    Donna Wilkens

    Jameson Sotheby's Intl Realty

    (773) 419-9265

    1 in this area

    23 Total Sales

    Donna Wilkens
    Section Image

  • K

    Seller's Agent in 2016

    Kittie Dyer

    Berkshire Hathaway HomeServices Chicago

    Section Image
  • Helaine Cohen

    Buyer's Agent in 2016

    Helaine Cohen

    Berkshire Hathaway HomeServices Chicago

    (312) 953-0961

    8 in this area

    86 Total Sales

    Helaine Cohen
    Section Image
See All Agents

About 340 On The Park

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11154741

Midwest Real Estate Data (MRED)

APN: 17-10-318-058-1211

Illinois Cook County Chicago 60601 New East Side

340 E Randolph St Unit 3504, 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

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.