NOT LISTED FOR SALE

Estimated Value: $572,000 - $892,000

1 Bed
1.5 Baths
1,337 Sq Ft
34,848 Sq Ft Lot

Last Sold July 09, 2021

Last sale price $510,000 $381 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $4,655/month

Highlights

  • Valet Parking
  • Fitness Center
  • Community Indoor Pool
  • Steam Room
  • Whirlpool Bathtub
  • 1-minute walk to Lakeshore East Park

About This Home

As of April 2024

Situated in the highly sought-after Lakeshore East neighborhood of Chicago, this expansive one-bedroom apartment epitomizes luxury urban living. Rent covers utilities such gas, cable TV, high-speed internet, and water, ensuring a seamless and comprehensive living experience complemented by an array of premium amenities. This residence boasts the largest one-bedroom layout within the building, featuring an open floor plan that seamlessly integrates the living room, and a dining area, creating a unified and spacious environment. The sizeable bedroom is thoughtfully designed to accommodate a king-sized bed, with additional space for a home office or a comfortable reading nook. A welcoming foyer and a well-appointed laundry room with ample storage complete the living spaces. The interior is enhanced with custom-built closets and contemporary espresso wood flooring, presenting a pristine condition ready for immediate occupancy. The living and dining area offers striking views of the Lake and Harbor, while serene vistas of Lake Shore East Park provide a tranquil backdrop, making this home a true urban sanctuary. An optional parking space is available at an added cost of $250/month (spot P3-16). Step into luxury with access to the Award-Winning Botanical Gardens, or avail yourself of nearby amenities, including a 4,000 sq ft fitness center with the latest exercise equipment, Peloton bikes, and new-age mirror workout classes. The 75-foot indoor lap pool, steam rooms, sauna, and hot tub provide a sanctuary for relaxation and wellness. The building's private dining room and expansive multipurpose Winter Garden with an outdoor deck are perfect for social gatherings. Daily conveniences like Marianos, CVS, and a selection of restaurants are merely a few steps away. Plus, cultural and recreational spots such as the Cultural Mile, museums, the Lake.

Last Agent to Rent the Property

Larissa Brodsky

Compass License #475127933 Listed on: 04/17/2024

Compass

Last Renter's Agent

Larissa Brodsky

Compass License #475127933 Listed on: 04/17/2024

Compass

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 2007

Lot Details

  • 0.8

Parking

  • 1 Car Attached Garage
  • Heated Garage
  • Parking Space is Owned

Interior Spaces

  • 1,337 Sq Ft Home
  • Blinds
  • Entrance Foyer
  • Storage
  • Laminate Flooring

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • Whirlpool Bathtub

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Utilities

  • Central Air
  • Baseboard Heating
  • Lake Michigan Water

Additional Features

  • Balcony
  • End Unit

Listing and Financial Details

  • Security Deposit $3,650
  • Property Available on 4/16/24
  • Rent includes cable TV, gas, water, pool, scavenger, security, doorman, lawn care, snow removal, internet, wi-fi

Community Details

Overview

  • 344 Units
  • Amy Eickhoff Association, Phone Number (312) 938-3576
  • 340 On The Park Subdivision
  • Property managed by FSResidential
  • 62-Story Property

Amenities

  • Valet Parking
  • Sundeck
  • Steam Room
  • Party Room
  • Package Room
  • Community Storage Space

Recreation

  • Community Spa
  • Bike Trail

Pet Policy

  • No Pets Allowed

Security

  • Resident Manager or Management On Site

Condo Details

Home Type

Condominium

Year Built

Built in 2007

Lot Details

0.8 Acres

Parking

1

Rental Info

  • Available Date: 2024-04-16
  • Board Number: 8
  • Pets Allowed (Y/N): No
  • Type of Rental Property: Attached
  • Rental Price: 3650
  • Security Deposit: 3650
  • Is Parking Included in Price: No
  • Fees/Approvals: Fee for Bike Room,Move-in Fee,Refundable Damage Deposit

Listing Details

  • Property Type: Residential Lease
  • Property Type: Residential Lease
  • Type Attached: Condo
  • Property Sub-Type: Attached
  • Subdivision Name: 340 on the Park
  • Year Built: 2007
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: Non-Smoking Unit
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 5
  • Actual Status: Rented
  • ResoPropertyType: ResidentialLease
  • SomePhotosVirtuallyStaged: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 62

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 1
  • Furnished: No
  • Interior Amenities: Wood Laminate Floors, Laundry Hook-Up in Unit, Storage
  • LivingArea: 1337
  • Room Type: Foyer
  • Stories Total: 62
  • Estimated Total Finished Sq Ft: 1337
  • Basement Description: None
  • Bathroom Amenities: Whirlpool
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 1337
  • Window Features: Blinds
  • ResoLivingAreaSource: Builder

Exterior Features

  • ExteriorFeatures: Balcony, End Unit
  • Waterfront: No
  • Exterior Building Type: Glass

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Garage Details: Heated
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Electric, Baseboard
  • Laundry Features: In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: No
  • Association Amenities: Bike Room/Bike Trails, Exercise Room, Storage, On Site Manager/Engineer, Party Room, Sundeck, Indoor Pool, Receiving Room, Sauna, Steam Room, Valet/Cleaner, Spa/Hot Tub
  • Rent Includes: Cable TV, Gas, Water, Pool, Scavenger, Security, Doorman, Lawn Care, Snow Removal, Internet, Wi-Fi
  • Management: Manager On-site
  • Management Company: FSResidential
  • Management Contact Name: Amy Eickhoff
  • Management Phone: 312-938-3576

Lot Info

  • Lot Dimensions: COMMON

Multi Family

  • Units in Building: 344

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2021
Closed on
Jun 29, 2021
Sold by
Drouet Michael J and Drouet Christina U
Bought by
Cho Hyeon Jeong and Liu David
Seller's Agent
Naomi Wilkinson
Magellan Marketing Group LLC
Buyer's Agent
Larissa Brodsky
Compass
Sold Price
$510,000
Current Estimated Value
$687,675

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$177,675
Avg. Annual Appreciation
6.57%
Original Mortgage
$382,500
Interest Rate
2.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 14, 2007
Sold by
Sheen Shuh Haw and Sheen Philip W
Bought by
Sheen Shuh Haw and Sheen Daria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$407,000
Interest Rate
6.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 23, 2007
Sold by
340 East Randolph Llc
Bought by
Sheen Shuh Haw and Sheen Philip W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$407,000
Interest Rate
6.73%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Cho Hyeon Jeong $510,000 Proper Title Llc
Sheen Shuh Haw -- Law Title Insurance
Sheen Shuh Haw $509,000 Cti
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cho Hyeon Jeong $382,500
Previous Owner Sheen Shuh Haw $407,000
Previous Owner Sheen Shuh Haw $407,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/25/2024 04/25/24 Rented $3,900 +6.8% --
04/17/2024 04/17/24 For Rent $3,650 0.0% --
07/09/2021 07/09/21 Sold $510,000 -7.1% $381 / Sq Ft View Prior Sale
05/25/2021 05/25/21 For Sale -- -- --
05/23/2021 05/23/21 Pending -- -- --
05/18/2021 05/18/21 For Sale $549,000 -4.5% $411 / Sq Ft
06/11/2012 06/11/12 Sold $575,000 -3.4% $430 / Sq Ft View Prior Sale
05/07/2012 05/07/12 Pending -- -- --
04/09/2012 04/09/12 Price Changed $595,000 -1.7% $445 / Sq Ft
03/05/2012 03/05/12 For Sale $605,000 -- $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 $12,441 $53,067 $1,107 $51,960
2024 $12,441 $53,067 $1,107 $51,960
2023 $14,234 $58,964 $893 $58,071
2022 $14,234 $69,206 $893 $68,313
2021 $13,247 $69,206 $893 $68,313
2020 $13,817 $65,126 $808 $64,318
2019 $13,562 $70,931 $808 $70,123
2018 $13,333 $70,931 $808 $70,123
2017 $11,429 $56,468 $669 $55,799
2016 $10,810 $56,468 $669 $55,799
2015 $9,867 $56,468 $669 $55,799
2014 $9,760 $55,175 $616 $54,559
2013 $10,035 $55,175 $616 $54,559
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12028837

Midwest Real Estate Data (MRED)

APN: 17-10-318-058-1023

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