NOT LISTED FOR SALE

340 On The Park 340 E Randolph St Unit 5703 Chicago, IL 60601

New East Side Neighborhood

Estimated Value: $2,376,000 - $3,383,000

3 Beds
3.5 Baths
4,268 Sq Ft
0.8 Acres Lot

Sale Details

Date Sold: June 28, 2021

Last sale price $3,700,000 $867 Per Sq Ft

Est. 17% decrease in value since last sale

Current estimated payment $23,266 / mo

158 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 June 2021

Best view in Chicago. Amazing protected southern panoramic view overlooking Millennium Park, Grant Park, Michigan Ave, museum campus and harbors. Enjoy the concerts in the parks from your balcony. Incredible sunrises and sunsets. A lighted Water Wall welcomes you and your guests into over 4200 sq ft of sheer bliss with 2 covered balconies and floor to ceiling windows showcasing the most extraordinary wraparound view in Chicago. The view from family room and north balcony features the river, many historic buildings like the Hancock and Wrigley Building, and Navy Pier. Elan and Lutron Electronic Systems control shades, lighting, music, surround sound, TV's and blinds, all through wall touch panels/phones/tablets. Flatscreen TV's in all rooms included in sale if buyer desires including 2 new Samsung 75" 4K Smart TV's in master bedroom and 3rd bedroom(currently used as den). New Sony 4K High Definition Home Theater System and retractable screen. Ecobee smart thermostat and sensors throughout control HVAC system. All 3 bedrooms have en-suite baths with the master having a heated floor. New balcony flooring and gas line to grill on main balcony. The deluxe amenities of 340 on the Park are a winter garden, sun deck, spa-quality exercise facility, indoor lap pool, jacuzzi, sauna and steam rooms, media room, catering kitchen, full-service business center, on-site management and maintenance, and 24 hour door service. Just steps out the private rear door, residents are in the Village Market; with an array of restaurants, Mariano's, and easy access to the downtown pedway system. Everything is at your fingertips, AND Lakeshore East special assessment has been paid in full! This home is a perfect spot for entertaining and living the way you want to live.

Last Agent to Sell the Property

Robert Burger

eXp Realty License #471010556 Listed on: 01/06/2021

eXp Realty

Last Buyer's Agent

Donna Schwan

MetroPro Realty LLC License #471010168

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $59,268

Year Built

  • Built in 2007

Lot Details

  • End Unit
  • Additional Parcels

HOA Fees

  • $2,717 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Heated Garage
  • Garage Transmitter
  • Circular Driveway
  • Parking Included in Price

Home Design

  • Reinforced Caisson Foundation
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,268 Sq Ft Home
  • Gas Log Fireplace
  • Entrance Foyer
  • Living Room with Fireplace
  • Formal Dining Room
  • Storage

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Heated Floors

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Low Flow Toliet
  • Soaking Tub
  • Shower Body Spray
  • Separate Shower

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Home Security

Eco-Friendly Details

  • LEED For Homes Silver Status
  • Green Roof
  • Enhanced Air Filtration
  • Irrigation System Uses Rainwater From Ponds

Outdoor Features

Schools

  • Ogden Elementary
  • Wells Community Academy Senior H High School

Utilities

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

Community Details

Overview

  • Association fees include heat, water, gas, parking, insurance, 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 Community
  • 340 On The Park Subdivision
  • Property managed by Lieberman Management
  • 62-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Sundeck
  • 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
  • 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

$59,268

Year Built

Built in 2007

Lot Details

0.8 Acres

HOA Fees

$2,717 per month

Parking

2

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: 11-15 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Non-Smoking Building
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 57
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 62

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Disposal
  • Basement: None
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Heated Floors, 1st Floor Laundry, Laundry Hook-Up in Unit, Storage
  • LivingArea: 4268
  • Other Equipment: TV-Cable, Fire Sprinklers, CO Detectors
  • Room Type: Foyer, Walk In Closet
  • Stories Total: 62
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Separate Shower,Double Sink,Full Body Spray Shower,Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Fireplace Location: Living Room
  • Total Sq Ft: 0

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: 2
  • Number of Cars: 2
  • Driveway: Circular
  • Garage Details: Transmitter(s),Heated
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Zoned
  • Electric: Circuit Breakers, 100 Amp Service
  • Heating: Electric, Baseboard, Indv Controls, Zoned, Other
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 2717
  • 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, 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: Lieberman Management
  • Management Contact Name: Amy Eikoff
  • Management Phone: 312-938-3576

Fee Information

  • Association Fee Includes: Heat, Water, Gas, Parking, Insurance, Doorman, TV/Cable, Clubhouse, 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 Elementary

Lot Info

  • Additional Parcels: Yes
  • Lot Dimensions: CONDO
  • Special Assessments: N

Green Features

  • Green Building Verification Type: LEED-H Silver
  • 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: 59267.52
  • Tax Year: 2019
  • Tax Exemptions: None

Multi Family

  • Units in Building: 344

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2021
Closed on
Jun 28, 2021
Sold by
Orth David and Orth Barbara
Bought by
Chicago Title Land Trust Company
Seller's Agent
Robert Burger
eXp Realty
Buyer's Agent
Donna Schwan
MetroPro Realty LLC
List Price
$3,950,000
Sold Price
$3,700,000
Premium/Discount to List
-$250,000
-6.33%
Current Estimated Value
$3,076,552

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$623,448
Avg. Annual Appreciation
-4.99%

Purchase Details

Closed on
Jan 31, 2008
Sold by
340 East Randolph Llc
Bought by
Orth David and Orth Barbara

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
6.11%
Mortgage Type
Unknown
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Chicago Title Land Trust Company $3,700,000 Chicago Title
Orth David $2,795,000 Cti
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner Orth David $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2021 06/28/21 Sold $3,700,000 -6.3% $867 / Sq Ft
06/13/2021 06/13/21 Pending -- -- --
01/06/2021 01/06/21 For Sale $3,950,000 -- $925 / 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 $46,406 $197,949 $4,130 $193,819
2024 $46,406 $197,949 $4,130 $193,819
2023 $53,097 $219,946 $3,332 $216,614
2022 $53,097 $258,152 $3,332 $254,820
2021 $51,912 $258,151 $3,331 $254,820
2020 $54,119 $242,936 $3,016 $239,920
2019 $53,159 $264,588 $3,016 $261,572
2018 $52,265 $264,588 $3,016 $261,572
2017 $45,344 $210,638 $2,496 $208,142
2016 $42,188 $210,638 $2,496 $208,142
2015 $37,775 $210,638 $2,496 $208,142
2014 $37,710 $205,814 $2,298 $203,516
2013 $36,954 $205,814 $2,298 $203,516
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2021

    Robert Burger

    eXp Realty

    (312) 215-7096

    1 in this area

    16 Total Sales

    Robert Burger
    Section Image
  • Donna Schwan

    Buyer's Agent in 2021

    Donna Schwan

    MetroPro Realty LLC

    (312) 203-4246

    1 in this area

    3 Total Sales

    Donna Schwan
    Section Image
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About 340 On The Park

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10964555

Midwest Real Estate Data (MRED)

APN: 17-10-318-058-1329

Illinois Cook County Chicago 60601 New East Side

340 E Randolph St Unit 5703, Chicago, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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