A
Seller's Agent in 2024
Abdulla Latief
Kale Realty
340 On The Park 340 E Randolph St Unit 4204 Chicago, IL 60601
New East Side NeighborhoodEstimated Value: $906,000 - $1,106,000
2
Beds
2.5
Baths
1,902
Sq Ft
$992/mo
HOA Fee
Highlights
- Doorman
- Fitness Center
- Lock-and-Leave Community
- Steam Room
- Waterfront
- 1-minute walk to Lakeshore East Park
About This Home
As of May 2024Spacious 2 Bedroom + Den/Office over 1900 square feet of living space. Large living and dining area with private primary suite separated from 2nd bedroom and enclosed den. Open kitchen with large dining/living room. Private terrace with views of the city Lake Shore East Park and the Lake. The kitchen features Italian Snaidero cabinets, stainless steel appliances, quartz counters and 8' pantry. Bathrooms feature spa-like baths, Toto, Duravit, and Dornbracht fixtures and air jet tub. Plenty of storage and built-in organized closet space. Amenities include 4000 sqft fitness center, 75 ft indoor lap pool, sauna, steam room, winter garden, shared kitchen, dining room & more. Excellent management, well-maintained building. Luxury living in Lake Shore East, steps away from Marianos, Millennium Park, Lake front, Loop, Cultural Mile, shopping, restaurants and more! Parking spot P6-66 available for an additional $45k. 8X5 storage locker included in price.
Last Agent to Sell the Property
Abdulla Latief
Kale Realty License #475190641 Listed on: 12/30/2023
Last Buyer's Agent
@properties Christie's International Real Estate License #475160658
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $24,005
Year Built
- Built in 2007
Lot Details
- Waterfront
- Additional Parcels
HOA Fees
- $992 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Heated Garage
- Garage Transmitter
- Parking Included in Price
Home Design
- Reinforced Caisson Foundation
- Concrete Perimeter Foundation
Interior Spaces
- 1,902 Sq Ft Home
- Combination Dining and Living Room
- Den
- Wood Flooring
Kitchen
- Range
- Microwave
- High End Refrigerator
- Dishwasher
- Wine Refrigerator
- Stainless Steel Appliances
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- Dual Sinks
- Separate Shower
Laundry
- Dryer
- Washer
Home Security
Utilities
- Zoned Heating and Cooling
- Individual Controls for Heating
- Baseboard Heating
- 100 Amp Service
Additional Features
- Property is near a park
Community Details
Overview
- Association fees include heat, water, gas, parking, insurance, security, doorman, tv/cable, exercise facilities, pool, exterior maintenance, lawn care, scavenger, snow removal, internet
- 344 Units
- First Source Residential Association, Phone Number (312) 953-9744
- Property managed by First source residential
- Lock-and-Leave Community
- 62-Story Property
Amenities
- Doorman
- Sundeck
- Restaurant
- Steam Room
- Party Room
- Service Elevator
- Package Room
- Community Storage Space
Recreation
- Community Spa
- Bike Trail
Pet Policy
- Dogs and Cats Allowed
Security
- Resident Manager or Management On Site
- Carbon Monoxide Detectors
- Fire Sprinkler System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 30, 2023
Closed on
Apr 30, 2024
Sold by
Latief Ahmed
Bought by
Pickens Family Trust and Pickens
Seller's Agent
Abdulla Latief
Kale Realty
Buyer's Agent
Robin Marshall
@properties Christie's International Real Estate
List Price
$975,000
Sold Price
$895,000
Premium/Discount to List
-$80,000
-8.21%
Views
10
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,206
Avg. Annual Appreciation
7.12%
Original Mortgage
$671,250
Outstanding Balance
$662,033
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$339,908
Purchase Details
Listed on
Jun 28, 2016
Closed on
Oct 20, 2016
Sold by
L A E D Properties Llc
Bought by
Latief Ahmed
Seller's Agent
Susan Miner
Premier Relocation, Inc.
Buyer's Agent
Non Member
NON MEMBER
List Price
$1,275,000
Sold Price
$1,155,000
Premium/Discount to List
-$120,000
-9.41%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.33%
Original Mortgage
$924,000
Interest Rate
2.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Listed on
Mar 13, 2012
Closed on
Aug 21, 2012
Sold by
Carrel Mitchell A and Carrel Lisa A
Bought by
L A E D Properties Llc
Seller's Agent
Lisa Carrel
@properties Christie's International Real Estate
Buyer's Agent
Mike McElroy
Kale Realty
List Price
$930,000
Sold Price
$910,000
Premium/Discount to List
-$20,000
-2.15%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.90%
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Pickens Family Trust | $895,000 | None Listed On Document | |
| Latief Ahmed | $1,155,000 | Chicago Title | |
| L A E D Properties Llc | $2,730,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Pickens Family Trust | $671,250 | |
| Previous Owner | Latief Ahmed | $924,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/02/2024 05/02/24 | Sold | $895,000 | -8.2% | $471 / Sq Ft | |
| 04/01/2024 04/01/24 | Pending | -- | -- | -- | |
| 03/18/2024 03/18/24 | Price Changed | $975,000 | 0.0% | $513 / Sq Ft | |
| 03/18/2024 03/18/24 | For Sale | $975,000 | +8.9% | $513 / Sq Ft | |
| 01/05/2024 01/05/24 | Off Market | $895,000 | -- | -- | |
| 12/30/2023 12/30/23 | For Sale | $1,050,000 | -9.1% | $552 / Sq Ft | |
| 10/28/2016 10/28/16 | Sold | $1,155,000 | -5.7% | $607 / Sq Ft | View Prior Sale |
| 09/19/2016 09/19/16 | Pending | -- | -- | -- | |
| 08/09/2016 08/09/16 | Price Changed | $1,225,000 | -3.9% | $644 / Sq Ft | |
| 06/28/2016 06/28/16 | For Sale | $1,275,000 | +40.1% | $670 / Sq Ft | |
| 08/31/2012 08/31/12 | Sold | $910,000 | -2.2% | $478 / Sq Ft | View Prior Sale |
| 04/27/2012 04/27/12 | Pending | -- | -- | -- | |
| 03/13/2012 03/13/12 | For Sale | $930,000 | -- | $489 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $18,673 | $79,651 | $1,662 | $77,989 |
| 2023 | $21,365 | $88,502 | $1,341 | $87,161 |
| 2022 | $21,365 | $103,875 | $1,341 | $102,534 |
| 2021 | $20,888 | $103,873 | $1,340 | $102,533 |
| 2020 | $21,776 | $97,751 | $1,213 | $96,538 |
| 2019 | $21,390 | $106,463 | $1,213 | $105,250 |
| 2018 | $21,030 | $106,463 | $1,213 | $105,250 |
| 2017 | $18,245 | $84,755 | $1,004 | $83,751 |
| 2016 | $16,975 | $84,755 | $1,004 | $83,751 |
| 2015 | $15,531 | $84,755 | $1,004 | $83,751 |
| 2014 | $15,365 | $82,815 | $925 | $81,890 |
| 2013 | $15,062 | $82,815 | $925 | $81,890 |
Source: Public Records
Agents Affiliated with this Home
-
-
Robin Marshall
Buyer's Agent in 2024
Robin Marshall
@ Properties
(847) 528-4757
1 in this area
103 Total Sales
-
Susan Miner
Seller's Agent in 2016
Susan Miner
Premier Relocation, Inc.
(262) 748-5540
113 Total Sales
-
N
Buyer's Agent in 2016
Non Member
NON MEMBER
-
L
Seller's Agent in 2012
Lisa Carrel
@ Properties
-
Mike McElroy
Buyer's Agent in 2012
Mike McElroy
Kale Realty
(312) 561-4080
1 in this area
78 Total Sales
About 340 On The Park
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11953088
APN: 17-10-318-058-1253
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