Seller's Agent in 2024
Nicholas Colagiovanni
Baird Warner
(312) 501-5151
59 in this area
201 Total Sales
340 On The Park 340 E Randolph St Unit 602 Chicago, IL 60601
New East Side NeighborhoodEstimated Value: $738,000 - $881,000
2
Beds
2
Baths
1,500
Sq Ft
$1,133/mo
HOA Fee
Highlights
- Doorman
- Fitness Center
- Wood Flooring
- Steam Room
- Clubhouse
- 1-minute walk to Lakeshore East Park
About This Home
As of August 2024Enormous VALUE ADD, INCLUDING TWO DEEDED HEATED GARAGE PARKING SPACES AT A $90,000 VALUE IN LISTING PRICE. Residence 602 offers after market upgrades including brand new engineered white oak floors -- 9.5" x 8' tongue and groove hardwood - white quartz countertop with waterfall edge and white slab backsplash, new Kohler deep single under mount sink with faucet, and low pile plush carpet in the bedrooms. Featuring an open kitchen design concept with GE Monogram appliances and flat panel Snaidero cabinetry. Recessed LED lighting has been added throughout the entire unit -- entry hallway, hallway into the master bedroom, master bedroom closet, kitchen and bathrooms. Recessed ceiling speakers added to both the kitchen and master bathroom - the kitchen has recessed Sonos speakers and the bathroom has water resistant speakers by Polk. Both speakers are powered by Sonos to help create a whole home audio experience. Additional recessed electrical boxes and cable management have been installed to easily add flat panel televisions if/where you like. Upon entry, the foyer allows for art an display and bureau or bench piece. The entry hallway transitions into separate living and dining areas. Off the living area is the private balcony with no neighboring balcony or terrace. Ample space is present for seating and a grill. Enjoy absolute privacy from both the balcony and also every full height floor to ceiling window throughout, as no adjacent buildings look into the unit. This is a full amenity building including 24 hour door staff, onsite management and maintenance. The 25th floor is complete with amenities including: 75' indoor 2 lane lap pool, 4,000 square foot gym with Pelotons and state of the art weight equipment, whirlpool, steam rooms, dry sauna, private conference/dining room, caterer's kitchen, Winter Garden, sundeck with two gas grills accompanied by our "forever permanent" south facing views of Millennium and Grant Park. Easy access to Mariano's through west corridor of our building, Pedway connection on second floor of garage, outdoor pet relief area, on-site dry cleaners. Village Market with restaurants, nail salon, medical professionals and more. Heated garage with three access and exit points at Upper, Middle and Lower Randolph. Two full size heated garage spaces P6-40 and P4-15 INCLUDED IN LIST PRICE. Approximately, designated 7' x 6'' x 5' storage cage included. HOA includes the unit and 2 parking space assessments. Assessments also include cooking gas, cold air for central AC, water, Direct TV cable, 1 gig Internet through Zentro. Lakeshore East's best and most sought after residence present by Related Midwest most conveniently located to Mariano's, Michigan Avenue, Lake Michigan, four parks, museum campus and theatre district.
Last Agent to Sell the Property
Baird & Warner License #475132688 Listed on: 07/24/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $18,163
Year Built
- Built in 2007
Lot Details
- 0.8
HOA Fees
- $1,133 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Heated Garage
- Garage Transmitter
- Parking Included in Price
Home Design
- Concrete Block And Stucco Construction
Interior Spaces
- 1,500 Sq Ft Home
- Combination Dining and Living Room
- Storage
- Wood Flooring
Kitchen
- Range
- Microwave
- Freezer
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- 2 Full Bathrooms
- Dual Sinks
- Whirlpool Bathtub
- Separate Shower
Laundry
- Dryer
- Washer
Home Security
Utilities
- Central Air
- Baseboard Heating
- Lake Michigan Water
Additional Features
- Additional Parcels
Listing and Financial Details
- Homeowner Tax Exemptions
Community Details
Overview
- Association fees include water, gas, parking, insurance, security, doorman, tv/cable, exercise facilities, pool, exterior maintenance, lawn care, scavenger, snow removal, internet
- 344 Units
- Amy Eikoff Association, Phone Number (312) 938-3576
- High-Rise Condominium
- Property managed by First Service Residential
- 63-Story Property
Amenities
- Doorman
- Valet Parking
- Sundeck
- Steam Room
- Sauna
- Party Room
- Service Elevator
- Package Room
- Community Storage Space
- Elevator
Recreation
- Community Spa
- Bike Trail
Pet Policy
- Pets up to 150 lbs
- Dogs and Cats Allowed
Security
- Resident Manager or Management On Site
- Storm Screens
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 24, 2024
Closed on
Aug 22, 2024
Sold by
Stec Paul Justin
Bought by
Thompson Michael
Seller's Agent
Nicholas Colagiovanni
Baird & Warner
Buyer's Agent
Grigory Pekarsky
Vesta Preferred LLC
List Price
$750,000
Sold Price
$743,500
Premium/Discount to List
-$6,500
-0.87%
Views
4
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
$62,022
Avg. Annual Appreciation
5.80%
Purchase Details
Listed on
Mar 27, 2014
Closed on
Jul 31, 2014
Sold by
Hou Lei
Bought by
Stec Paul Justin
Seller's Agent
Richard Cohn
Richard Cohn Real Estate
Buyer's Agent
Nicholas Colagiovanni
Baird & Warner
List Price
$699,900
Sold Price
$720,000
Premium/Discount to List
$20,100
2.87%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.32%
Original Mortgage
$398,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Jul 18, 2007
Sold by
340 East Randolph Llc
Bought by
Hou Lei
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
6.69%
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 |
|---|---|---|---|
| Thompson Michael | $743,500 | Chicago Title | |
| Stec Paul Justin | $720,000 | Ctt | |
| Hou Lei | $569,000 | Cti |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Stec Paul Justin | $398,000 | |
| Previous Owner | Hou Lei | $417,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/27/2024 08/27/24 | Sold | $743,500 | 0.0% | $496 / Sq Ft | |
| 07/27/2024 07/27/24 | Pending | -- | -- | -- | |
| 07/27/2024 07/27/24 | Off Market | $743,500 | -- | -- | |
| 07/24/2024 07/24/24 | For Sale | $750,000 | +4.2% | $500 / Sq Ft | |
| 08/04/2014 08/04/14 | Sold | $720,000 | 0.0% | $480 / Sq Ft | View Prior Sale |
| 07/31/2014 07/31/14 | Off Market | $720,000 | -- | -- | |
| 06/06/2014 06/06/14 | Pending | -- | -- | -- | |
| 05/23/2014 05/23/14 | For Sale | $699,900 | 0.0% | $467 / Sq Ft | |
| 05/19/2014 05/19/14 | Pending | -- | -- | -- | |
| 05/14/2014 05/14/14 | Price Changed | $699,900 | -6.7% | $467 / Sq Ft | |
| 03/27/2014 03/27/14 | For Sale | $749,900 | -- | $500 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $13,482 | $60,492 | $1,262 | $59,230 |
| 2024 | $13,482 | $60,492 | $1,262 | $59,230 |
| 2023 | $15,523 | $67,214 | $1,018 | $66,196 |
| 2022 | $15,523 | $78,889 | $1,018 | $77,871 |
| 2021 | $15,194 | $78,889 | $1,018 | $77,871 |
| 2020 | $15,847 | $74,238 | $921 | $73,317 |
| 2019 | $15,556 | $80,855 | $921 | $79,934 |
| 2018 | $15,293 | $80,855 | $921 | $79,934 |
| 2017 | $13,130 | $64,368 | $762 | $63,606 |
| 2016 | $12,392 | $64,368 | $762 | $63,606 |
| 2015 | $11,314 | $64,368 | $762 | $63,606 |
| 2014 | $11,193 | $62,895 | $702 | $62,193 |
| 2013 | $10,961 | $62,895 | $702 | $62,193 |
Source: Public Records
Agents Affiliated with this Home
-
Nicholas Colagiovanni
-
Grigory Pekarsky
Buyer's Agent in 2024
Grigory Pekarsky
Vesta Preferred LLC
(773) 974-8014
40 in this area
1,889 Total Sales
-
Richard Cohn
R
Seller's Agent in 2014
Richard Cohn
Richard Cohn Real Estate
(312) 726-2325
7 Total Sales
About 340 On The Park
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12117506
APN: 17-10-318-058-1033
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