NOT LISTED FOR SALE

Estimated Value: $924,081 - $1,442,000

2 Beds
2.5 Baths
1,902 Sq Ft
$1,157/mo HOA Fee

Last Sold April 18, 2023

Last sale price $910,000 $478 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $8,589/month

258 Days on Market

Highlights

  • Doorman
  • Fitness Center
  • Wood Flooring
  • Steam Room
  • LEED For Homes Silver Status
  • 1-minute walk to Lakeshore East Park

About This Home

As of April 2023

Lakeshore East's Prize. 340 on the Park surrounded by the Lakeshore East Park, Marianos, Maggie Daley Park, Millennium Park and so much more. This central location caters to a complete lifestyle with easy walking access to the office, either on the street or in the underground pedway, bike and jogging path and lake front access, Michigan Ave, Art Institute and more. This residence lives like a two and a half bedroom with a separate enclosed den. Split bedroom floor plan includes bamboo hardwood floors, open kitchen with NEW GE Monogram refrigerator, NEW GE microwave, all stainless steel appliances, vented culinary hood, Quartz counters, Snaidero cabinetry and glass mosaic backsplash with under cabinet lighting. Bathrooms are dressed in natural stone. Primary suite features a walk in closet with built ins, dual Snaidero vanity, separate shower and air jet jacuzzi tub. 12'x5' balcony from living area. Roller shades throughout. Separate dining and living areas which make for a massive entertaining space. Brand NEW in unit full size stackable washer and dryer. Enjoy views of the Lakeshore East Park, city scape and the city lights at night from some outstanding architecture and some parts of Lake Michigan. 340 on the Park is a full amenity building including a 24 hour doorstaff, onsite management and maintenance, dry cleaners. bike storage, Courtesy Guest Parking Program, heated garage with access to Upper, Middle and Lower Randolph for convenience. 25th Floor amenities include a 4000 square foot gym with awesome views to the south including state of the art equipment like Pelotons and cardio theater. Dry Sauna, private steam rooms, 75' indoor two lane lap pool, whirlpool, sundeck, two gas grills and outdoor seating, Winter Garden to use freely or reserve for a private event, private conference and dining room, full caterer's kitchen. Pet relief area, pedway access on second level of the garage. Large storage locker, approximately 7' tall by 5' by 6' and heated garage parking space included in the price.

Last Agent to Sell the Property

Nicholas Colagiovanni

Baird & Warner License #475132688 Listed on: 07/06/2022

Baird & Warner

Last Buyer's Agent

Bari Levine

@properties Christie's International Real Estate License #475136277

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $23,669

Year Built

  • Built in 2007

Lot Details

  • 0.8

HOA Fees

  • $1,157 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Parking Included in Price

Interior Spaces

  • 1,902 Sq Ft Home
  • Entrance Foyer
  • Family Room
  • Combination Dining and Living Room
  • Den
  • Storage

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Walk-In Closet
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Zoned Heating and Cooling
  • Individual Controls for Heating
  • Baseboard Heating
  • Lake Michigan Water

Additional Features

  • LEED For Homes Silver Status
  • Additional Parcels

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

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

Amenities

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

Recreation

  • Community Spa
  • Park
  • Bike Trail

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$23,669

Year Built

Built in 2007

Lot Details

0

HOA Fees

$1,157 per month

Parking

1

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: 16-20 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: 38
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 62

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: None
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 2
  • Interior Amenities: Laundry Hook-Up in Unit, Storage
  • LivingArea: 1902
  • Room Type: Den, Balcony/Porch/Lanai, Foyer, Walk In Closet
  • Stories Total: 62
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Separate Shower
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Flooring: Carpet
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Balcony
  • Waterfront: No
  • Exterior Building Type: Glass,Other

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 1157
  • Association Amenities: Bike Room/Bike Trails, Door Person, Elevator(s), Exercise Room, Storage, Health Club, On Site Manager/Engineer, Park, Party Room, Sundeck, Indoor Pool, Receiving Room, Sauna, Service Elevator(s), Steam Room, Valet/Cleaner, Spa/Hot Tub
  • Association Fee Frequency: Monthly
  • Management: Manager On-site,Monday through Friday
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: First Service Residential
  • Management Contact Name: Amy Eikoff
  • Management Phone: 312-938-3576
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Lot Info

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

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: 999

Tax Info

  • Tax Annual Amount: 23669.41
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 344

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2022
Closed on
Apr 18, 2023
Sold by
Burdakin David C and Burdakin Kim K
Bought by
J Marshalll Peck Trust and Peck
Seller's Agent
Nicholas Colagiovanni
Baird & Warner
Buyer's Agent
Bari Levine
@properties Christie's International Real Estate
List Price
$975,000
Sold Price
$910,000
Premium/Discount to List
-$65,000
-6.67%
Views
5
Current Estimated Value
$1,126,520

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$216,520
Avg. Annual Appreciation
8.26%

Purchase Details

Listed on
Apr 10, 2014
Closed on
May 14, 2014
Sold by
Lonstein Carmen H
Bought by
Burdakin David C and Burdakin Kim K
Seller's Agent
Art Collazo
Jameson Sotheby's Intl Realty
Buyer's Agent
Stacy Karel
@properties Christie's International Real Estate
List Price
$1,115,000
Sold Price
$1,150,000
Premium/Discount to List
$35,000
3.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.59%

Purchase Details

Closed on
Mar 28, 2011
Sold by
Lonstein Carmen H
Bought by
Lonstein Carmen H and Carmen H Lonstein Trust

Purchase Details

Closed on
Aug 27, 2010
Sold by
Regan Douglas P
Bought by
Lonstein Carmen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 19, 2007
Sold by
340 East Randolph Llc
Bought by
Regan Douglas P
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
J Marshalll Peck Trust $910,000 None Listed On Document
Burdakin David C $1,150,000 Precision Title
Lonstein Carmen H -- None Available
Lonstein Carmen $940,000 Chicago Title Insurance Co
Regan Douglas P $863,000 Cti
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lonstein Carmen $540,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/18/2023 04/18/23 Sold $910,000 -6.7% $478 / Sq Ft
03/22/2023 03/22/23 Pending -- -- --
07/06/2022 07/06/22 For Sale $975,000 0.0% $513 / Sq Ft
08/08/2019 08/08/19 Rented $5,800 -3.3% --
07/24/2019 07/24/19 Under Contract -- -- --
07/15/2019 07/15/19 For Rent $6,000 0.0% --
05/19/2014 05/19/14 Sold $1,150,000 +3.1% $605 / Sq Ft View Prior Sale
04/14/2014 04/14/14 Pending -- -- --
04/10/2014 04/10/14 For Sale $1,115,000 -- $586 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

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
2024 $18,579 $79,252 $1,653 $77,599
2023 $21,258 $88,059 $1,334 $86,725
2022 $21,258 $103,356 $1,334 $102,022
2021 $20,784 $103,354 $1,333 $102,021
2020 $21,667 $97,263 $1,207 $96,056
2019 $21,283 $105,932 $1,207 $104,725
2018 $20,925 $105,932 $1,207 $104,725
2017 $18,154 $84,332 $999 $83,333
2016 $16,891 $84,332 $999 $83,333
2015 $15,454 $84,332 $999 $83,333
2014 $15,289 $82,401 $920 $81,481
2013 $14,987 $82,401 $920 $81,481
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11455286

Midwest Real Estate Data (MRED)

APN: 17-10-318-058-1229