NOT LISTED FOR SALE

Estimated Value: $1,578,000 - $1,898,000

3 Beds
2.5 Baths
2,354 Sq Ft
34,848 Sq Ft Lot

Last Sold May 16, 2022

Last sale price $2,250,000 $956 Per Sq Ft

Est. 24% decrease in value since last sale

Current estimated payment $12,496/month

29 Days on Market

Highlights

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

About This Home

As of May 2022

Gorgeous, spacious, and customized three bedroom urban oasis with amazing views of Millennium, Grant, and Maggie Daley Parks, Lake Michigan, and the Chicago skyline! Open and airy floor plan with 10' ceiling height and floor to ceiling windows for incredible natural light throughout the home. A stunning renovation by JenMarie Interiors, with wide plank European White Oak floors, built-in wine bar with waterfall quartz counter, Perlick 48" wine refrigerator with custom panel, smoked mirror cabinetry, new lighting, and quartz countertops. Kitchen sparkles with silvery gray Snaidero cabinetry, glass backsplash, open shelving, and a generous island with deep drawers and seating space. High output Thermador gas cooktop, culinary hood, warming drawer, Viking oven and microwave, SubZero refrigerator, and Miele Dishwasher. The kitchen, dining, and living rooms open to the large covered terrace with forever views to the south. Powder room is currently a custom office (still plumbed for easy conversion), outfitted with a built-in filing system, sleek lighting, designer wall covering, and natural light from the floor to ceiling windows across the hall. The primary bedroom suite is exceptional, with spacious room sizes, gorgeous views, and a fully renovated bathroom featuring heated stone floors, a free standing Chelsea tub, dramatic full height stone accent wall, beautiful Kohler and Dornbracht plumbing and fixtures. The guest bedrooms are spacious, with the 3rd bedroom currently used as an office/den with custom bookcases, cabinetry, and desk; in-wall Martin Logan speakers, and designer lighting. The en-suite guest bath was fully remodeled with beautiful finishes and fixtures. ** This home is being sold with a premium parking spot; a rare and sought after "urban garage" built out as a workshop** Welcome home to 340 On the Park, the gold standard for city living, sustainability, and luxury amenities!

Last Agent to Sell the Property

Bridget Orsic

@properties Christie's International Real Estate License #475168926 Listed on: 03/01/2022

@properties Christie's International Real Estate

Co-Listed By

Debra Dobbs

Compass License #475094099

Last Buyer's Agent

Leslie Glazier

@properties Christie's International Real Estate License #475119389

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $29,902

Year Built

  • Built in 2005

Lot Details

  • End Unit
  • Additional Parcels

HOA Fees

  • $1,458 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

  • 2,354 Sq Ft Home
  • Open Floorplan
  • Bookcases
  • Dry Bar
  • Ceiling height of 10 feet or more
  • Combination Dining and Living Room
  • Home Office
  • Home Gym

Kitchen

  • Range
  • Microwave
  • High End Refrigerator
  • Dishwasher
  • Wine Refrigerator
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Wood
  • Heated Floors

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Walk-In Closet
  • Bidet
  • Dual Sinks
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Balcony

Schools

  • Ogden Elementary

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Individual Controls for Heating
  • Baseboard Heating
  • Lake Michigan Water
  • Cable TV Available

Community Details

Overview

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

Amenities

  • Doorman
  • Sundeck
  • Steam Room
  • Party Room
  • Service Elevator
  • Lobby
  • Package Room
  • Community Storage Space
  • Elevator

Recreation

  • Community Spa
  • Park

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

$29,902

Year Built

Built in 2005

Lot Details

0.8 Acres

HOA Fees

$1,458 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: 2005
  • 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: 49
  • New Construction Y/N: No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 62

Interior Features

  • Appliances: Range, Microwave, Dishwasher, High End Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Wine Refrigerator
  • Basement: None
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Interior Amenities: Bar-Dry, Elevator, Hardwood Floors, Heated Floors, First Floor Laundry, Laundry Hook-Up in Unit, Walk-In Closet(s), Bookcases, Ceiling - 10 Foot, Open Floorplan, Doorman, Health Facilities, Lobby
  • LivingArea: 2354
  • Other Equipment: TV-Cable, Fire Sprinklers, CO Detectors
  • Room Type: Office, Walk In Closet, Balcony/Porch/Lanai
  • Stories Total: 62
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Separate Shower,Double Sink,Bidet,Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0

Exterior Features

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

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit
  • Association Fee: 1458
  • Association Amenities: None, 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, 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: Lieberman Management
  • Management Contact Name: Amy Eikoff
  • Management Phone: 312-938-3576
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Elementary School: Ogden Elementary
  • Middle/Junior School: Ogden Elementary

Lot Info

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

Rental Info

  • Board Number: 2
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 150

Tax Info

  • Tax Annual Amount: 29901.82
  • Tax Year: 2020
  • Tax Exemptions: None

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

Closed on
Oct 15, 2024
Sold by
Praxmarer Paul
Bought by
Paul F Praxmarer Revocable Trust and Praxmarer
Current Estimated Value
$1,716,007

Purchase Details

Listed on
Mar 1, 2022
Closed on
May 9, 2022
Sold by
Chyu Juliana and Chyu David
Bought by
Praxmarer Paul
Seller's Agent
Bridget Orsic
@properties Christie's International Real Estate
Buyer's Agent
Leslie Glazier
@properties Christie's International Real Estate
List Price
$2,350,000
Sold Price
$2,250,000
Premium/Discount to List
-$100,000
-4.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-6.81%

Purchase Details

Closed on
Dec 12, 2017
Sold by
Kimble Mark A and Kimble Nancy
Bought by
Chyu Juliana and Whitney David

Purchase Details

Closed on
Jan 18, 2008
Sold by
340 East Randolph Llc
Bought by
Kimble Mark A and Kimble Nancy

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
6.22%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
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
Paul F Praxmarer Revocable Trust -- None Listed On Document
Praxmarer Paul $2,250,000 Chicago Title
Chyu Juliana $2,082,000 Chicago Title
Kimble Mark A $1,419,000 Ct
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kimble Mark A $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/16/2022 05/16/22 Sold $2,250,000 -4.3% $956 / Sq Ft
03/31/2022 03/31/22 Pending -- -- --
03/01/2022 03/01/22 For Sale $2,350,000 -- $998 / 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 $24,128 $102,919 $2,147 $100,772
2024 $24,128 $102,919 $2,147 $100,772
2023 $26,340 $114,355 $1,732 $112,623
2022 $26,340 $134,220 $1,732 $132,488
2021 $25,785 $134,219 $1,732 $132,487
2020 $26,894 $126,308 $1,568 $124,740
2019 $26,398 $137,566 $1,568 $135,998
2018 $25,952 $137,566 $1,568 $135,998
2017 $22,849 $109,516 $1,298 $108,218
2016 $21,435 $109,516 $1,298 $108,218
2015 $19,588 $109,516 $1,298 $108,218
2014 $19,378 $107,008 $1,195 $105,813
2013 $18,984 $107,008 $1,195 $105,813
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11323161

Midwest Real Estate Data (MRED)

APN: 17-10-318-058-1291

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