NOT LISTED FOR SALE

340 On The Park 340 E Randolph St Unit 4101 Chicago, IL 60601

New East Side Neighborhood

Estimated Value: $1,480,000 - $1,750,459

3 Beds
3.5 Baths
2,371 Sq Ft
$1,581/mo HOA Fee

Last Sold May 01, 2023

Last sale price $1,900,000 $801 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $12,385/month

21 Days on Market

Highlights

  • Valet Parking
  • Steam Room
  • Wood Flooring
  • Water Views
  • Fitness Center
  • 1-minute walk to Lakeshore East Park

About This Home

As of May 2023

340 ON THE PARK. BEST LOCATION IN CHICAGO! AMAZING UNOBSTRUCTED VIEWS OF MILLENNIUM AND GRANT PARK, LAKE & HARBOR TO THE SOUTH AND CITY VIEWS TO THE NORTH. *THIS RESIDENCE FLOOR LEVEL CLEARS BUILDING DIRECTLY EAST ALLOWING MORE OPEN VIEWS AND PRIVACY* EACH OF THE THREE BEDROOMS ENSUITE WITH ADDITIONAL GUEST POWDER ROOM. TWO BALCONIES, ONE OFF KITCHEN/DINING, ONE OFF PRIMARY SUITE. KITCHEN EXPANDED WITH CUSTOMIZED BUILT IN BREAKFAST BAR AND WINE REFRIGERATOR AND ADDITIONAL WELL DESIGNED KITCHEN CABINETRY. EXTRA STORAGE AND BUILT IN PANTRY OFF KITCHEN WITH NEWER FULL SIZE WASHER/DRYER. SNAIDERO CABINETS, QUARTZ COUNTERS, GE MONOGRAM SS APPLS, BAMBOO FLOORS, LUXURY BATHS W/SPA TUB. AMENITIES INCLUDE 24 HR FRONT DESK STAFF, 4000 SQ FT FITNESS CENTER OVER LOOKING SAME AMAZING VIEWS, INDOOR 75 FT. LAP POOL, HOT TUB, STEAM ROOMS,CLUB ROOM, WINTER GARDEN W/LARGE TERRACE AND OUTDOOR GRILLING STATION. SEE ATTACHED FLOOR PLAN UNDER ADDITIONAL INFORMATION. PARKING ON 2ND LEVEL WITH COVETED ATTACHED STORAGE ROOM AND BIKE RACK, ADDITIONAL $75K.

Last Agent to Sell the Property

Naomi Wilkinson

Magellan Marketing Group LLC License #471013231 Listed on: 01/08/2023

Last Buyer's Agent

Naomi Wilkinson

Magellan Marketing Group LLC License #471013231 Listed on: 01/08/2023

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $30,441

Year Built

  • Built in 2007

Lot Details

  • End Unit
  • Additional Parcels

HOA Fees

  • $1,581 Monthly HOA Fees

Parking

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

Home Design

  • Reinforced Caisson Foundation
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,371 Sq Ft Home
  • Window Treatments
  • Entrance Foyer
  • Living Room
  • Formal Dining Room
  • First Floor Utility Room
  • Wood Flooring

Kitchen

  • Built-In Oven
  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Wine Refrigerator
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Outdoor Features

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Individual Controls for Heating
  • Baseboard Heating
  • 100 Amp Service
  • Cable TV Available

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

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

Amenities

  • Valet Parking
  • Sundeck
  • Steam Room
  • Sauna
  • Party Room
  • Service Elevator

Recreation

  • Community Spa
  • Bike Trail

Pet Policy

  • Pets up to 150 lbs
  • Limit on the number of pets
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site
  • Carbon Monoxide Detectors
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$30,441

Year Built

Built in 2007

Lot Details

0

HOA Fees

$1,581 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: 41
  • 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, Stainless Steel Appliance(s), Wine Refrigerator, Built-In Oven
  • Basement: None
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 3
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit
  • LivingArea: 2371
  • Other Equipment: TV-Cable, Fire Sprinklers, CO Detectors
  • Room Type: Foyer, Utility Room-1st Floor
  • Stories Total: 62
  • Estimated Total Finished Sq Ft: 2371
  • Basement Description: None
  • Bathroom Amenities: Separate Shower,Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 2371
  • Window Features: Window Treatments
  • ResoLivingAreaSource: Builder

Exterior Features

  • ExteriorFeatures: Balcony, End Unit
  • Foundation Details: Concrete Perimeter, Reinforced Caisson
  • Lot Features: Water View
  • Roof: Other
  • Waterfront: No
  • Exterior Building Type: Glass,Other

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Driveway: Other
  • Garage Details: Transmitter(s),Heated
  • Garage On-Site: Yes
  • Garage Ownership: Deeded Sold Separately
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Other
  • Cooling: Central Air, Zoned
  • Electric: Circuit Breakers, 100 Amp Service
  • Heating: Electric, Baseboard, Indv Controls, Zoned, Other
  • Laundry Features: In Unit
  • Water Source: Other

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit
  • Association Fee: 1581
  • Association Amenities: Bike Room/Bike Trails, Exercise Room, On Site Manager/Engineer, Party Room, Sundeck, Indoor Pool, Sauna, Service Elevator(s), Steam Room, Valet/Cleaner, Spa/Hot Tub, Water View
  • Association Fee Frequency: Monthly
  • Management: Manager On-site,Monday through Friday
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: FSResidential
  • Management Contact Name: Amy Eickhoff
  • Management Phone: 312-938-3576
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Lot Info

  • Additional Parcels: Yes
  • Lot Dimensions: COMMON
  • 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: 30440.68
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 344

MLS Schools

  • Other Public Sch Dist: 299
  • Othr Public Sch: 299

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2023
Closed on
May 1, 2023
Sold by
Mark A Mikva Rosenberg Trust and Rachel S Mikva Rosenberg Trust
Bought by
Cai Yiming and Gong Huijing
Seller's Agent
Naomi Wilkinson
Magellan Marketing Group LLC
Buyer's Agent
Naomi Wilkinson
Magellan Marketing Group LLC
List Price
$2,000,000
Sold Price
$1,900,000
Premium/Discount to List
-$100,000
-5%
Views
86
Current Estimated Value
$1,648,486

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$251,514
Avg. Annual Appreciation
-5.05%
Original Mortgage
$1,000,000
Outstanding Balance
$958,961
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$689,525

Purchase Details

Closed on
Nov 10, 2022
Sold by
Nora Winsberg Living Trust
Bought by
Doran Natalia and Usova Anastasia

Purchase Details

Closed on
Aug 1, 2017
Sold by
Rosenberg Mark A Mikva and Rosenberg Rachel S Mikva
Bought by
Rosenberg Mark A Mikva and Rosenberg Rachel S Mikva

Purchase Details

Closed on
Jan 31, 2012
Sold by
Shave John T
Bought by
Rosenberg Mark A Mikva and Rosenberg Rachel S Mikva

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$825,000
Interest Rate
2.68%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 15, 2008
Sold by
Ohlemacher Bradley R and Shave John T
Bought by
Shave John T

Purchase Details

Closed on
Dec 10, 2007
Sold by
340 East Randolph Llc
Bought by
Ohle Shave John T and Ohle Macher Bradley R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,177,400
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cai Yiming $1,900,000 Chicago Title
Doran Natalia $875,000 None Listed On Document
Rosenberg Mark A Mikva -- Attorney
Rosenberg Mark A Mikva $1,675,000 Cti
Shave John T -- None Available
Ohle Shave John T $1,682,000 Cti
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cai Yiming $1,000,000
Previous Owner Rosenberg Mark A Mikva $825,000
Previous Owner Ohle Shave John T $1,177,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/01/2023 05/01/23 Sold $1,900,000 -5.0% $801 / Sq Ft
01/30/2023 01/30/23 Pending -- -- --
01/08/2023 01/08/23 For Sale $2,000,000 -- $844 / 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 $24,664 $108,189 $2,257 $105,932
2024 $24,664 $108,189 $2,257 $105,932
2023 $28,317 $120,211 $1,821 $118,390
2022 $28,317 $141,093 $1,821 $139,272
2021 $27,703 $141,093 $1,821 $139,272
2020 $28,887 $132,776 $1,648 $131,128
2019 $28,365 $144,610 $1,648 $142,962
2018 $27,887 $144,610 $1,648 $142,962
2017 $24,056 $115,124 $1,364 $113,760
2016 $22,558 $115,124 $1,364 $113,760
2015 $20,615 $115,124 $1,364 $113,760
2014 $20,394 $112,488 $1,256 $111,232
2013 $20,459 $112,488 $1,256 $111,232
Source: Public Records

Agents Affiliated with this Home

  • Naomi Wilkinson

    Seller's Agent in 2023

    Naomi Wilkinson

    Magellan Marketing Group LLC

    (312) 622-1002

    51 in this area

    62 Total Sales

    Naomi Wilkinson
    Section Image
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About 340 On The Park

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11697227

Midwest Real Estate Data (MRED)

APN: 17-10-318-058-1244

Illinois Cook County Chicago 60601 New East Side

340 E Randolph St Unit 4101, Chicago, IL

Not Listed for Sale

Condos

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