NOT LISTED FOR SALE

Estimated Value: $832,547 - $1,061,000

2 Beds
2.5 Baths
1,647 Sq Ft
$1,102/mo HOA Fee

Last Sold June 23, 2023

Last sale price $850,000 $516 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $7,345/month

26 Days on Market

Highlights

  • Doorman
  • Fitness Center
  • Wood Flooring
  • Steam Room
  • Green Roof
  • 1-minute walk to Lakeshore East Park

About This Home

As of June 2023

340 On The Park! Setting the standard of excellence for Chicago living at the New East Side. Millennium Park located steps to the South and Lakeshore East park steps to the North along with Mariano's, Gordo's Tiny Taco Bar, and much more right downstairs. Location, Location, Location! Enjoy that morning cup of coffee or evening wine as you grill on this large, private balcony. With 10' foot Floor to ceiling windows from within, capture the stunning views of the park, lake, and river. Windows come with modern roller shades for privacy. Open kitchen concept complementing the spacious peninsula countertop that seats four comfortably. Along with the walk-in pantry, these beautiful quartz countertops sit on high quality cabinets with soft close and minimalistic style drawers. The fine glass backsplash adds just the touch of elegance. Large master bedroom with a walk-in California style closet fit for a king and queen! Master bathroom comes complete with a dual vanity and sinks, glass shower and jacuzzi style bathtub and heated towel rack. The second bedroom perfect for a guest or office space with a pull out desk and a discreet murphy bed making this modern gem perfect for an afternoon meeting and for those looking to host friends and family. This freshly painted unit comes equipped with a very nice side-by-side washer and dryer with abundant storage space along with a large secured storage space and a primo parking space for only $50K extra. A MUST SEE!

Last Agent to Sell the Property

Christopher Everhardt

HomeSmart Connect LLC License #475183961 Listed on: 05/03/2023

HomeSmart Connect LLC

Co-Listed By

Mariia Tashlytska

HomeSmart Connect LLC License #475186272

Last Buyer's Agent

Melissa Siegal

@properties Christie's International Real Estate License #475139418

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $18,437

Year Built

  • Built in 2007

Lot Details

  • 0.8

HOA Fees

  • $1,102 Monthly HOA Fees

Parking

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

Interior Spaces

  • 1,647 Sq Ft Home
  • Entrance Foyer
  • Family Room
  • Combination Dining and Living Room
  • Storage

Kitchen

  • Built-In Double Oven
  • Electric Oven
  • Microwave
  • High End Refrigerator
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Low Flow Toliet
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Accessible Home Design

  • Accessibility Features
  • No Interior Steps

Eco-Friendly Details

  • Green Roof
  • Enhanced Air Filtration
  • Irrigation System Uses Rainwater From Ponds

Schools

  • Ogden Elementary School
  • Ogden International Middle School
  • Wells Community Academy Senior H High School

Utilities

  • Central Air
  • Heating Available
  • 200+ Amp Service
  • Lake Michigan Water

Additional Features

  • Dog Run

Community Details

Overview

  • Association fees include air conditioning, water, parking, insurance, security, doorman, tv/cable, exercise facilities, pool, exterior maintenance, lawn care, scavenger, snow removal, internet
  • 344 Units
  • Amy Eickhoff Association, Phone Number (312) 938-3576
  • High-Rise Condominium
  • 340 On The Park Subdivision
  • Property managed by First Service Residential
  • 63-Story Property

Amenities

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

Recreation

  • Community Spa
  • Park
  • 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

Property Details

Home Type

Condominium

Est. Annual Taxes

$18,437

Year Built

Built in 2007

Lot Details

0

HOA Fees

$1,102 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)
  • Subdivision Name: 340 on the Park
  • Year Built: 2007
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: Yes
  • General Information: Non-Smoking Building
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 43
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 63

Interior Features

  • Appliances: Double Oven, Microwave, Dishwasher, High End Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Built-In Oven, Electric Oven
  • Basement: None
  • Accessibility Features: No Interior Steps
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 2
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit, Storage, Walk-In Closet(s), Pantry
  • LivingArea: 1647
  • Room Type: Foyer, Walk In Closet, Balcony/Porch/Lanai
  • Stories Total: 63
  • Estimated Total Finished Sq Ft: 1647
  • Basement Description: None
  • Bathroom Amenities: Whirlpool,Separate Shower,Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 1647
  • Flooring: Carpet
  • ResoLivingAreaSource: Plans

Exterior Features

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

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Driveway: Asphalt,Concrete
  • 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
  • Electric: Circuit Breakers, 200+ Amp Service
  • Heating: Electric
  • Laundry Features: In Unit, Laundry Closet
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit, Size Limit
  • Association Fee: 1102
  • 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, Restaurant, 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 Eickhoff
  • Management Phone: 312-938-3576
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Elementary School: Ogden Elementary
  • High School: Wells Community Academy Senior H
  • Middle/Junior School: Ogden International

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • Special Assessments: N

Green Features

  • GreenEnergyEfficient: Enhanced Air Filtration, Low flow commode, Rainwater collection system, Roof

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: 18436.84
  • Tax Year: 2021
  • Tax Exemptions: None

Multi Family

  • Units in Building: 344

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 12, 2021
Sold by
Thomas Michael J and Michael J Thomas Revocable Tru
Bought by
Thomas Michael James and Michael James Thomas Revocable
Current Estimated Value
$932,387

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$740,000
Interest Rate
2.85%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 10, 2018
Closed on
Aug 1, 2018
Sold by
Delande Robert J and Delande Laurie L
Bought by
Thomas Michael J and Michael J Thomas Revocable Trust
Seller's Agent
Naomi Wilkinson
Magellan Marketing Group LLC
Buyer's Agent
Suzanne Elkins-Rose
Berkshire Hathaway HomeServices Chicago
List Price
$1,025,000
Sold Price
$1,025,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.26%
Original Mortgage
$750,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 26, 2016
Sold by
Michael James Thomas Revocable Trust
Bought by
Kyle Bowman Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$680,000
Interest Rate
6.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 6, 2007
Sold by
340 East Randolph Llc
Bought by
Delande Robert J and Delande Laurie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.31%
Mortgage Type
Unknown
Source: Public Records
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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
Thomas Michael James -- Fidelity National Title
Thomas Michael J $1,025,000 None Available
Thomas Michael J $1,025,000 None Available
Kyle Bowman Revocable Trust $850,000 Fidelity National Title
Delande Robert J $770,000 Cti
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Thomas Michael James $740,000
Previous Owner Thomas Michael J $750,000
Previous Owner Kyle Bowman Revocable Trust $680,000
Previous Owner Delande Robert J $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/23/2023 06/23/23 Sold $850,000 0.0% $516 / Sq Ft
05/30/2023 05/30/23 Pending -- -- --
05/03/2023 05/03/23 For Sale $850,000 -17.1% $516 / Sq Ft
08/01/2018 08/01/18 Sold $1,025,000 0.0% $622 / Sq Ft View Prior Sale
04/11/2018 04/11/18 Pending -- -- --
03/10/2018 03/10/18 For Sale $1,025,000 -- $622 / 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
2025 $16,481 $70,303 $1,467 $68,836
2024 $16,481 $70,303 $1,467 $68,836
2023 $18,858 $78,115 $1,183 $76,932
2022 $18,858 $91,684 $1,183 $90,501
2021 $18,437 $91,684 $1,183 $90,501
2020 $19,221 $86,280 $1,071 $85,209
2019 $18,880 $93,970 $1,071 $92,899
2018 $18,562 $93,970 $1,071 $92,899
2017 $16,104 $74,809 $886 $73,923
2016 $14,983 $74,809 $886 $73,923
2015 $13,708 $74,809 $886 $73,923
2014 $13,562 $73,096 $816 $72,280
2013 $13,294 $73,096 $816 $72,280
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11773504

Midwest Real Estate Data (MRED)

APN: 17-10-318-058-1257