NOT LISTED FOR SALE

340 On The Park 340 E Randolph St Unit 3601 Chicago, IL 60601

New East Side Neighborhood

Estimated Value: $1,211,000 - $1,844,335

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

Sale Details

Date Sold: June 22, 2022

Last sale price $1,850,000 $780 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $12,211 / mo

3 Days on Market

Highlights

  • Doorman
  • Heated Driveway
  • LEED For Homes Silver Status
  • Fitness Center
  • Waterfront
  • 1-minute walk to Lakeshore East Park

About This Home

As of June 2022

Welcome to 340 on The Park. Great building located in Lakeshore East. Full floor of amenities includes a spacious gym and indoor lap-pool. Stunning panoramic city, park and lake views spanning south, east and north from floor-to-ceiling windows. Contemporary finishes include Snaidero cabinets, quartz counters, bamboo floors, Grohe, Dornbracht and Toto fixtures. Two side by side parking spaces P6-37,38 included in price.

Last Agent to Sell the Property

Nancy Furth

Magellan Marketing Group LLC License #471021758 Listed on: 04/23/2022

Last Buyer's Agent

Alicia Carroll

Berkshire Hathaway HomeServices Chicago License #475139709

Berkshire Hathaway HomeServices Chicago

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $32,675

Year Built

  • Built in 2007

Lot Details

  • Waterfront
  • Additional Parcels

HOA Fees

  • $1,641 Monthly HOA Fees

Parking

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

Interior Spaces

  • 2,371 Sq Ft Home
  • Ceiling Fan
  • Ventless Fireplace
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Storage
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Home Security

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Individual Controls for Heating
  • Baseboard Heating
  • Lake Michigan Water
  • Cable TV Available

Additional Features

  • LEED For Homes Silver Status

Community Details

Overview

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

Amenities

  • Doorman
  • Valet Parking
  • Sundeck
  • Party Room
  • Elevator
  • Service Elevator
  • Community Storage Space

Recreation

  • Community Spa
  • 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
  • Carbon Monoxide Detectors

Property Details

Home Type

Condominium

Est. Annual Taxes

$32,675

Year Built

Built in 2007

Lot Details

0.8 Acres

HOA Fees

$1,641 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: Non-Smoking Building
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 36
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 62

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Freezer, Washer, Dryer, Disposal
  • Basement: None
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Gas Starter, Ventless
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit, Storage
  • LivingArea: 2371
  • Other Equipment: TV-Cable, CO Detectors, Ceiling Fan(s)
  • Room Type: No additional rooms
  • Stories Total: 62
  • 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
  • Fireplace Location: Living Room
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Balcony
  • Waterfront: Yes
  • Exterior Building Type: Glass,Other

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit, Size Limit
  • Association Fee: 1641
  • Association Amenities: Bike Room/Bike Trails, Door Person, Elevator(s), Exercise Room, Storage, On Site Manager/Engineer, Party Room, Sundeck, Indoor Pool, Sauna, Service Elevator(s), Valet/Cleaner, Spa/Hot Tub
  • Association Fee Frequency: Monthly
  • Management: Manager On-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Firstservice Residential
  • Management Contact Name: Amy
  • Management Phone: 312-938-3576
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Lot Info

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

Green Features

  • Green Building Verification Type: LEED-H Silver

Rental Info

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

Tax Info

  • Tax Annual Amount: 32674.64
  • Tax Year: 2020
  • Tax Exemptions: None

Multi Family

  • Units in Building: 344

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2022
Closed on
May 26, 2022
Sold by
Richard J Jago Trust
Bought by
Kevin P Durkin Trust
Seller's Agent
Nancy Furth
Magellan Marketing Group LLC
Buyer's Agent
Alicia Carroll
Berkshire Hathaway HomeServices Chicago
List Price
$1,875,000
Sold Price
$1,850,000
Premium/Discount to List
-$25,000
-1.33%
Current Estimated Value
$1,616,445

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$233,555
Avg. Annual Appreciation
-3.44%
Original Mortgage
$1,387,500
Outstanding Balance
$1,285,723
Interest Rate
3.38%
Mortgage Type
New Conventional
Estimated Equity
$330,722

Purchase Details

Listed on
May 16, 2014
Closed on
Jun 5, 2014
Sold by
Reiss James F
Bought by
Jago Lisa D and Lisa D Jago Trust
Seller's Agent
Naomi Wilkinson
Magellan Marketing Group LLC
Buyer's Agent
Nancy Furth
Magellan Marketing Group LLC
List Price
$2,290,000
Sold Price
$2,200,000
Premium/Discount to List
-$90,000
-3.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.13%

Purchase Details

Closed on
Nov 12, 2007
Sold by
340 East Randolph Llc
Bought by
Reiss James F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,236,000
Interest Rate
6.47%
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

Date Buyer Sale Price Title Company
Kevin P Durkin Trust $1,850,000 Chicago Title
Jago Lisa D $2,200,000 Attorneys Title Guaranty Fun
Reiss James F $1,648,000 Cti
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kevin P Durkin Trust $1,387,500
Previous Owner Reiss James F $1,236,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/22/2022 06/22/22 Sold $1,850,000 -1.3% $780 / Sq Ft
04/27/2022 04/27/22 Pending -- -- --
04/23/2022 04/23/22 For Sale $1,875,000 -14.8% $791 / Sq Ft
06/09/2014 06/09/14 Sold $2,200,000 -3.9% $928 / Sq Ft View Prior Sale
05/24/2014 05/24/14 Pending -- -- --
05/16/2014 05/16/14 For Sale $2,290,000 -- $966 / 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 $23,995 $107,725 $2,247 $105,478
2024 $23,995 $107,725 $2,247 $105,478
2023 $28,896 $119,696 $1,813 $117,883
2022 $28,896 $140,488 $1,813 $138,675
2021 $28,251 $140,487 $1,813 $138,674
2020 $29,452 $132,207 $1,641 $130,566
2019 $28,929 $143,990 $1,641 $142,349
2018 $28,443 $143,990 $1,641 $142,349
2017 $24,676 $114,630 $1,358 $113,272
2016 $22,959 $114,630 $1,358 $113,272
2015 $21,005 $114,630 $1,358 $113,272
2014 $20,781 $112,006 $1,251 $110,755
2013 $20,371 $112,006 $1,251 $110,755
Source: Public Records

Agents Affiliated with this Home

  • Nancy Furth

    Seller's Agent in 2022

    Nancy Furth

    Magellan Marketing Group LLC

    (312) 593-0552

    10 in this area

    12 Total Sales

    Nancy Furth
    Section Image
  • Alicia Carroll

    Buyer's Agent in 2022

    Alicia Carroll

    Berkshire Hathaway HomeServices Chicago

    (847) 910-1806

    1 in this area

    24 Total Sales

    Alicia Carroll
    Section Image
  • Naomi Wilkinson

    Seller's Agent in 2014

    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 2014

    Leila Zammatta

    Magellan Marketing Group LLC

    (312) 493-8200

    186 in this area

    214 Total Sales

    Leila Zammatta
    Section Image
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About 340 On The Park

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11383837

Midwest Real Estate Data (MRED)

APN: 17-10-318-058-1214

Illinois Cook County Chicago 60601 New East Side

340 E Randolph St Unit 3601, 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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