Seller's Agent in 2024
Ryan Preuett
Jameson Sotheby's Intl Realty
(312) 371-5951
7 in this area
200 Total Sales
340 On The Park 340 E Randolph St Unit 6003 Chicago, IL 60601
New East Side NeighborhoodEstimated Value: $2,396,493 - $3,256,000
3
Beds
3.5
Baths
4,010
Sq Ft
$2,668/mo
HOA Fee
Highlights
- Doorman
- Fitness Center
- Deck
- Steam Room
- Landscaped Professionally
- 1-minute walk to Lakeshore East Park
About This Home
As of February 2024Located in Lakeshore East, just two blocks east of Michigan Avenue at the north end of Millennium and Grant Parks, 340 on the Park is one of Chicago's most refined residential towers. It's also an award-winning LEED certified eco-friendly building-the first of its kind in Chicago to meet the U.S. Green Building Council's certification standard. And penthouse 6003 is one of the building's marquee units boasting postcard views that overlook Lake Michigan, the parks, and the Chicago skyline. Inside, a foyer, a gallery hall and a designer powder room tease this home's first-class finishes found throughout. From here, wide-plank, oak hardwood floors lead to an open-concept great room that encompasses a spacious living room with fireplace and a modern dining room that invites elevated entertaining. Framed by 10'4" high floor-to-ceiling window walls, the great room connects to a 300 square foot covered terrace at one end and this home's spectacular chef's kitchen at the other. The contemporary kitchen is truly presentation-worthy and features Snaidero cabinets, seamless backsplash and countertops, a large island with seating for four, a breakfast area, and a walk-in pantry. The kitchen area also connects to the light filled family room. This home's private quarters present two secondary en-suite bedrooms, plus a spacious primary suite with seating space, an oversized walk-in closet, a second private terrace, and a spa bath with dual vanity, a soaking tub, and a walk-in shower. Additional in-unit details include new hardwood floors, smart home automation and audio, electronic window shades, a humidification system, and abundant storage throughout, plus side-by-side parking spots in the building's heated garage. Luxury building amenities include a full amenities floor that flaunts a fitness center with a yoga/aerobics space, a 25-yard lap pool, a sauna, steam rooms, and a hot tub with epic city views. There are also two shared entertaining spaces: a club room for private parties or watching the big game, and an indoor/outdoor lounge with living walls called the Wintergarden. Other amenities include an onsite dry cleaners, a locker package system, an onsite staff, an outdoor pet relief area, and a large storage locker assigned to residence 6003. With an ideal location that's walking distance to concerts in Millennium Park, the Art Institute of Chicago, the lakefront, shops and world-class dining, 340 E Randolph Street, unit 6003, is design-forward, eco-conscious living at the heart of it all.
Last Agent to Sell the Property
Jameson Sotheby's Intl Realty License #475145699 Listed on: 10/19/2022
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $56,109
Year Built
- Built in 2007
Lot Details
- End Unit
- Landscaped Professionally
- Additional Parcels
HOA Fees
- $2,668 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Heated Garage
- Garage Door Opener
- Parking Included in Price
Interior Spaces
- 4,010 Sq Ft Home
- Built-In Features
- Ceiling height of 10 feet or more
- Fireplace With Gas Starter
- Entrance Foyer
- Living Room with Fireplace
- L-Shaped Dining Room
- Storage
- Gallery
- Wood Flooring
Kitchen
- Built-In Double Oven
- Cooktop
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
- Walk-In Closet
- Dual Sinks
- Separate Shower
Laundry
- Laundry on main level
- Dryer
- Washer
Home Security
Outdoor Features
- Deck
- Terrace
Location
- Property is near park
Utilities
- Forced Air Zoned Heating and Cooling System
- Individual Controls for Heating
- Baseboard Heating
- Lake Michigan Water
- Cable TV Available
Listing and Financial Details
- Homeowner Tax Exemptions
Community Details
Overview
- Association fees include water, gas, insurance, security, doorman, tv/cable, exercise facilities, pool, exterior maintenance, lawn care, scavenger, snow removal, internet
- 343 Units
- Amy Eickhoff Association, Phone Number (312) 938-3576
- High-Rise Condominium
- 340 E Randolph Subdivision
- Property managed by FSResidential
- 62-Story Property
Amenities
- Doorman
- Valet Parking
- Sundeck
- Steam Room
- Sauna
- Party Room
- Elevator
- Service Elevator
- Package Room
- Community Storage Space
Recreation
- Community Spa
- 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
- Fire Sprinkler System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 19, 2022
Closed on
Feb 27, 2024
Sold by
Duncan Palmer Revocable Trust
Bought by
Kumar Anil and Kumar Meenakshi
Seller's Agent
Ryan Preuett
Jameson Sotheby's Intl Realty
Buyer's Agent
Nicholas Colagiovanni
Baird & Warner
List Price
$3,295,000
Sold Price
$3,082,500
Premium/Discount to List
-$212,500
-6.45%
Views
14
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
-$219,336
Avg. Annual Appreciation
-3.79%
Original Mortgage
$2,400,000
Outstanding Balance
$2,352,913
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$510,251
Purchase Details
Listed on
Jun 7, 2021
Closed on
Jul 22, 2021
Sold by
Kurtz Randolph Richard and Randolph Richard Kurtz Trust
Bought by
Palmer Duncan and Duncan Palmer Revocable Trust
Seller's Agent
Naomi Wilkinson
Magellan Marketing Group LLC
Buyer's Agent
Ryan Preuett
Jameson Sotheby's Intl Realty
List Price
$3,650,000
Sold Price
$3,225,000
Premium/Discount to List
-$425,000
-11.64%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.73%
Purchase Details
Closed on
Apr 10, 2008
Sold by
340 East Randolph Llc
Bought by
Kurtz Randolph Richard and The Randolph Richard Kurtz Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.25%
Mortgage Type
Unknown
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 |
|---|---|---|---|
| Kumar Anil | $3,082,500 | Chicago Title | |
| Palmer Duncan | $3,225,000 | Accommodation | |
| Kurtz Randolph Richard | $2,650,000 | Cti | |
| Kurtz Randolph Richard | $2,650,000 | Cti |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Kumar Anil | $2,400,000 | |
| Previous Owner | Kurtz Randolph Richard | $1,000,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/29/2024 02/29/24 | Sold | $3,082,500 | -6.4% | $769 / Sq Ft | |
| 02/13/2024 02/13/24 | Pending | -- | -- | -- | |
| 10/19/2022 10/19/22 | For Sale | $3,295,000 | +2.2% | $822 / Sq Ft | |
| 07/28/2021 07/28/21 | Sold | $3,225,000 | -11.6% | $804 / Sq Ft | View Prior Sale |
| 06/07/2021 06/07/21 | Pending | -- | -- | -- | |
| 06/07/2021 06/07/21 | For Sale | $3,650,000 | -- | $910 / 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 | $44,059 | $190,922 | $3,983 | $186,939 |
| 2024 | $44,059 | $190,922 | $3,983 | $186,939 |
| 2023 | $50,509 | $212,138 | $3,214 | $208,924 |
| 2022 | $50,509 | $248,988 | $3,214 | $245,774 |
| 2021 | $49,399 | $248,987 | $3,213 | $245,774 |
| 2020 | $51,506 | $234,312 | $2,909 | $231,403 |
| 2019 | $50,583 | $255,195 | $2,909 | $252,286 |
| 2018 | $49,731 | $255,195 | $2,909 | $252,286 |
| 2017 | $43,008 | $203,160 | $2,407 | $200,753 |
| 2016 | $40,190 | $203,160 | $2,407 | $200,753 |
| 2015 | $36,748 | $203,160 | $2,407 | $200,753 |
| 2014 | $36,354 | $198,508 | $2,217 | $196,291 |
| 2013 | $35,625 | $198,508 | $2,217 | $196,291 |
Source: Public Records
Agents Affiliated with this Home
-
Ryan Preuett
-
Nicholas Colagiovanni
Buyer's Agent in 2024
Nicholas Colagiovanni
Baird Warner
(312) 501-5151
58 in this area
200 Total Sales
-
Naomi Wilkinson
Seller's Agent in 2021
Naomi Wilkinson
Magellan Marketing Group LLC
(312) 622-1002
50 in this area
61 Total Sales
About 340 On The Park
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11935571
APN: 17-10-318-058-1338
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