NOT LISTED FOR SALE

Estimated Value: $491,823 - $734,000

1 Bed
1 Bath
1,100 Sq Ft
$680/ mo HOA Fee

Last Sold June 25, 2021

Last sale price $485,000 $441 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $4,556/month

4 Days on Market

Highlights

  • Doorman
  • Steam Room
  • Open Floorplan
  • Water Views
  • Fitness Center
  • 1-minute walk to Lakeshore East Park

About This Home

As of June 2021

Welcome home to the New East: 340 on the Park gives you the best of all worlds. Full amenity building with luxuries such as 75' lap pool, sauna, steam, whirlpool and HUGE gym. This unit is a private corner slice of heaven. Room for dining table which offers lake and park views. Designer kitchen which was only lightly used features Snaidero cherry cabinets, GE monogram appliances, quartz counters and glass tile backsplash. Large island and XL utility room grants tons of storage and a perfect place for everything. Newer floating graytone wood laminate floor throughout. Large, modern primary bed accommodates a bedroom set and offers a spacious walk-in closet. Marble bath can be accessed from bed or hallway and features full height stone tile and body sprays. In unit washer and dryer, entry foyer with coat closet, digital thermostat and move-in readiness round on this spectacular place in one of the most desirable buildings in Chicago. PARKING INCLUDED in price!

Last Agent to Sell the Property

Theresa Hahn

Compass License #475129112 Listed on: 05/12/2021

Compass

Last Buyer's Agent

Larissa Brodsky

Compass License #475127933

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $14,064

Year Built

  • Built in 2007

Lot Details

  • Additional Parcels

HOA Fees

  • $680 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Parking Included in Price

Interior Spaces

  • 1,100 Sq Ft Home
  • Open Floorplan
  • Storage
  • Laminate Flooring

Kitchen

  • Gas Cooktop
  • Range Hood
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • Walk-In Closet
  • 1 Full Bathroom
  • Soaking Tub

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Accessible Home Design

  • Accessibility Features
  • No Interior Steps

Outdoor Features

  • Balcony
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Lake Michigan Water
  • High Speed Internet

Community Details

Overview

  • Association fees include gas, parking, insurance, security, doorman, tv/cable, clubhouse, exercise facilities, pool, exterior maintenance, lawn care, scavenger, snow removal
  • 344 Units
  • Onsite Manager Association
  • Property managed by FirstService Residential
  • Handicap Modified Features In Community
  • 62-Story Property

Amenities

  • Doorman
  • Sundeck
  • Building Patio
  • Restaurant
  • Steam Room
  • Business Center
  • Party Room
  • Elevator
  • Service Elevator
  • Package Room
  • Community Storage Space

Recreation

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$14,064

Year Built

Built in 2007

Lot Details

0.8 Acres

HOA Fees

$680 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 2007
  • Age: 11-15 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 4
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 62

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s), Cooktop, Range Hood, Gas Cooktop
  • Basement: None
  • Accessibility Features: No Interior Steps
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Interior Amenities: Wood Laminate Floors, Laundry Hook-Up in Unit, Storage, Walk-In Closet(s), Open Floorplan, Dining Combo
  • LivingArea: 1100
  • Room Type: No additional rooms
  • Stories Total: 62
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Kitchen/Dining Combo
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Balcony, Patio
  • Waterfront: No
  • Exterior Building Type: Glass,Concrete

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Gas Dryer Hookup, Electric Dryer Hookup, In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit, Size Limit
  • Association Fee: 680
  • Association Amenities: Door Person, Elevator(s), Exercise Room, Storage, On Site Manager/Engineer, Party Room, Sundeck, Indoor Pool, Receiving Room, Restaurant, Sauna, Service Elevator(s), Steam Room, Business Center, Elevator(s), Handicap Equipped, High Speed Conn., Patio, Water View
  • Association Fee Frequency: Monthly
  • Management: Manager On-site,Monday through Friday
  • Master Association Fee Frequency: Not Required
  • Management Company: FirstService Residential
  • Management Contact Name: onsite manager
  • Management Phone: 000-000-0000X000

Fee Information

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

Lot Info

  • Additional Parcels: Yes
  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • Special Assessments: N

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: 14064.07
  • Tax Year: 2019
  • Tax Exemptions: None

Multi Family

  • Units in Building: 344

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 27, 2023
Sold by
Nardacci Nicholas
Bought by
Nardacci Nicholas
Current Estimated Value
$589,956

Purchase Details

Listed on
May 12, 2021
Closed on
Jun 21, 2021
Sold by
Ptak Thomas J and Cawley Lynn P
Bought by
Nardacci Nicholas and Jacobs Anna
Seller's Agent
Theresa Hahn
Compass
Buyer's Agent
Larissa Brodsky
Compass
List Price
$498,000
Sold Price
$485,000
Premium/Discount to List
-$13,000
-2.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.22%
Original Mortgage
$388,000
Interest Rate
3.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 29, 2016
Sold by
Ptak Thomas J and Cawley Lynn P
Bought by
Ptak Thomas J and Cawley Lynn P

Purchase Details

Closed on
Jan 10, 2009
Sold by
Mcculloch Jeffrey R and Mcculloch Jong Sup
Bought by
Mcculloch Edward

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
5.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 17, 2007
Sold by
Shim Kie Young and Shim Belle J
Bought by
Mcculloch Edward and Mcculloch Jeffrey R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$411,000
Interest Rate
7.43%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 3, 2007
Sold by
340 East Randolph Llc
Bought by
Bell Shim Kie Young and Bell Shim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$411,000
Interest Rate
7.43%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 5, 2007
Sold by
340 East Randolph Llc
Bought by
Ptak Thomas J and Cawley Lynn P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$411,000
Interest Rate
7.43%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Value Increase
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Percent Increase
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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
Nardacci Nicholas -- None Listed On Document
Nardacci Nicholas $485,000 Attorneys Ttl Guaranty Fund
Ptak Thomas J -- Attorneys Title Guaranty Fun
Mcculloch Edward -- Citywide Title Corporation
Mcculloch Edward $115,000 None Available
Bell Shim Kie Young $514,000 Cti
Ptak Thomas J $429,000 Cti
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nardacci Nicholas $388,000
Previous Owner Mcculloch Edward $417,000
Previous Owner Bell Shim Kie Young $411,000
Previous Owner Ptak Thomas J $225,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/25/2021 06/25/21 Sold $485,000 -2.6% $441 / Sq Ft
05/16/2021 05/16/21 Pending -- -- --
05/12/2021 05/12/21 For Sale $498,000 -- $453 / 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 $9,270 $42,526 $887 $41,639
2024 $9,270 $42,526 $887 $41,639
2023 $10,703 $47,252 $716 $46,536
2022 $10,703 $55,461 $716 $54,745
2021 $11,152 $55,459 $715 $54,744
2020 $11,627 $52,191 $648 $51,543
2019 $11,420 $56,843 $648 $56,195
2018 $11,228 $56,843 $648 $56,195
2017 $9,741 $45,252 $536 $44,716
2016 $9,063 $45,252 $536 $44,716
2015 $8,292 $45,252 $536 $44,716
2014 $8,204 $44,215 $493 $43,722
2013 $8,042 $44,215 $493 $43,722
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11084933

Midwest Real Estate Data (MRED)

APN: 17-10-318-058-1015

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