Seller's Agent in 2024
Nancy Nugent
Jameson Sotheby's Intl Realty
(312) 925-5440
8 in this area
39 Total Sales
340 On The Park 340 E Randolph St Unit 3002 Chicago, IL 60601
New East Side NeighborhoodEstimated Value: $833,182 - $974,000
2
Beds
2.5
Baths
1,647
Sq Ft
$1,119/mo
HOA Fee
Highlights
- Fitness Center
- Community Indoor Pool
- Sundeck
- Wood Flooring
- Party Room
- 1-minute walk to Lakeshore East Park
About This Home
As of June 2024340 ON THE PARK! THE JEWEL IN THE CROWN OF LAKE SHORE EAST....THIS "02" TIER IS ABOVE 25TH FLOOR AND LARGER THAT THE LOWER FLOOR "02". BE AWARE THAT THIS UNIT HAS FULL HEIGHT WINDOWS IN EVERY ROOM TO MAXIMIZE LIGHT & VIEWS!! NOT EVERY FLOOR IS THE SAME!! THIS IS A VALUE ADDED PROPOSITION!! #3002 IS 1647 SF WITH GRACIOUS FLOOR PLAN THAT INCLUDES WIDE GALLERY HALLWAY WITH POWDER ROOM & LAUNDRY CLOSET TUCKED DISCREETLY OFF TO THE SIDE AS YOU ENTER THE UNIT. UPON ENTERING THE CONDO YOUR EYE IS DRAWN TO THE FLOOR TO CEILING WINDOWS WITH "NO HEADER" TO BLOCK YOUR VIEWS! THE VIEWS BECOME A VITAL PART OF YOUR HOME BOTH DAY & NIGHT! THIS DYNAMIC 2BD/2.5BA HOME IS IN MINT CONDITION WITH NEW CARPET IN BOTH BEDROOMS, NEW KITCHEN COUNTERTOPS CLAD IN HANSTONE TRANQUILITY QUARTZ WHICH MAKES THE SNAIDERO CABINETRY POP! CUSTOM GERMAN BRAND WHITE CABINETRY SHELVES ARE BUILT IN; CREDENZA AND TWO CABINETS IN LR/DR ARE FURNITURE. CUSTOM WINDOW TREATMENTS & CLOSET SYSTEMS IN BOTH BEDROOMS. THIS UNIT HAS A VERY CONTEMPORY VIBE AND THE DESIGN AESTHETIC IS INFORMED BY THE RECTILINEAR PERSPECTIVE OF THE BUILDINGS OUTSIDE. VIEWS ARE SPECTACULAR FROM #3002! THE BUILDINGS WRAP AROUND THE 6 ACRE PARK & GREENSPACE BELOW. NIGHTTIME VIEWS FEEL LIKE AN INERACTIVE PAINTING WITH TWINKLING LIGHTS COMING FROM SURROUNDING BUILDINGS. SEVERAL VIEWS OF THE LAKE & FERRIS WHEEL, AS WELL, FROM GENEROUS BALCONY. 340 UNMATCHED AMENITIES INCLUDE: 25TH FLR WINTER GARDEN WITH TERRACES & GRILLS; PRIVATE CONFERENCE ROOM WITH CATERING KITCHEN; WIFI; HUGE FITNESS CENTER; 75' HEATED LAP POOL; NEWLY REHABBED SPA LOCKER ROOMS....NO NEED TO JOIN A CLUB!! GARAGE IS PRIVATE FOR RESIDENTS & GUESTS ONLY (BY RESERVE). 340 IS LOCATED AT THE EPICENTER OF LAKE SHORE EAST NEIGHBORHOOD. MILLENIUM PARK, LAKE MICHIGAN, MAGGIE DALEY PARK OFFER RESIDENTS THEIR VERY OWN PLAYGROUND TO ENJOY ALL YEAR LONG! TRULY A WALKING NEIGHBORHOOD TO ALL CHICAGO'S CULTURAL ICONS, AS WELL. PARKING SPACE #P5-68 AND STORAGE #1-36 ARE INCLUDED IN $825,000. DON'T MISS THIS EXCELLENT VALUE PROPOSITION IN THE BEST BUILDING IN LAKE SHORE EAST!! THE BUILDING ITSELF IS A MASTERPIECE, OFFERING AN ARRAY OF AMENITIES TO CATER TO YOUR EVERY NEED. THE NEWLY RENOVATED 25TH-FLOOR WINTER GARDEN BOASTS A TERRACE AND GRILLS WITH BREATHTAKING VIEWS OF CHICAGO'S BEAUTIFUL LAKEFRONT, MILLENNIUM PARK, AND BUCKINGHAM FOUNTAIN. ADDITIONAL AMENITIES INCLUDE A 75-FT INDOOR POOL, FITNESS CENTER, SAUNA/STEAM ROOMS, AND A NEWLY REHABBED CLUB ROOM WITH A CHEF'S KITCHEN. THE 24-HOUR STAFF AND ON-SITE MANAGEMENT PROVIDE EXCEPTIONAL SERVICE, AND THE BUILDING MAINTAINS HEALTHY RESERVES. FROM THE MOMENT YOU STEP INTO THE STUNNING TWO-STORY GLASS LOBBY, YOU'LL KNOW YOU'VE ARRIVED AT 340 ON THE PARK-A RESIDENCE THAT EMBODIES THE SOPHISTICATED URBAN LIFESTYLE AT ITS FINEST. DON'T MISS THE CHANCE TO CLAIM YOUR PLACE IN THIS ARCHITECTURAL GEM AND EXPERIENCE A LIVING SPACE THAT SEAMLESSLY BLENDS CONTEMPORARY LUXURY WITH THE MAGNIFICENCE OF CHICAGO'S SKYLINE.
Last Agent to Sell the Property
Jameson Sotheby's Intl Realty License #475083793 Listed on: 03/11/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $19,974
Year Built
- Built in 2007
Lot Details
- 0.8
HOA Fees
- $1,119 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Garage ceiling height seven feet or more
- Heated Garage
- Garage Transmitter
- Garage Door Opener
- Parking Included in Price
Home Design
- Reinforced Caisson Foundation
- Concrete Perimeter Foundation
Interior Spaces
- 1,647 Sq Ft Home
- Entrance Foyer
- Combination Dining and Living Room
- Wood Flooring
Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- Dual Sinks
- Soaking Tub
- Separate Shower
Laundry
- Laundry in unit
- Washer and Dryer Hookup
Utilities
- Zoned Heating and Cooling
- Heating Available
- Lake Michigan Water
Additional Features
- Additional Parcels
Listing and Financial Details
- Senior Tax Exemptions
- Homeowner Tax Exemptions
Community Details
Overview
- Association fees include air conditioning, water, gas, parking, insurance, security, doorman, tv/cable, exercise facilities, pool, exterior maintenance, scavenger, snow removal
- 344 Units
- Amy Eickhoff Association, Phone Number (312) 938-3576
- High-Rise Condominium
- Property managed by First Service Residential
- 63-Story Property
Amenities
- Sundeck
- Party Room
- Elevator
- Service Elevator
- Package Room
- Community Storage Space
Recreation
Pet Policy
- Dogs and Cats Allowed
Security
- Resident Manager or Management On Site
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 11, 2024
Closed on
May 16, 2024
Sold by
Ronald P Legon Trust and Legon Ronald P
Bought by
Lamendella Julie A
Seller's Agent
Nancy Nugent
Jameson Sotheby's Intl Realty
Buyer's Agent
Laura Topp
Berkshire Hathaway HomeServices Chicago
List Price
$825,000
Sold Price
$770,000
Premium/Discount to List
-$55,000
-6.67%
Views
34
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
$127,796
Avg. Annual Appreciation
11.77%
Original Mortgage
$245,000
Outstanding Balance
$241,879
Interest Rate
7.38%
Mortgage Type
New Conventional
Estimated Equity
$655,917
Purchase Details
Closed on
Oct 5, 2022
Sold by
Legon Ronald P
Bought by
Ronald P Legon Trust and Legon
Purchase Details
Closed on
Oct 23, 2007
Sold by
340 East Randolph Llc
Bought by
Legon Ronald P and Legon Carol A
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 |
|---|---|---|---|
| Lamendella Julie A | $770,000 | Fidelity National Title | |
| Ronald P Legon Trust | -- | None Listed On Document | |
| Legon Ronald P | $712,000 | Ctic |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lamendella Julie A | $245,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/07/2024 06/07/24 | Sold | $770,000 | 0.0% | $468 / Sq Ft |
| 04/28/2024 04/28/24 | Pending | -- | -- | -- |
| 04/25/2024 04/25/24 | Price Changed | $770,000 | -6.7% | $468 / Sq Ft |
| 03/11/2024 03/11/24 | For Sale | $825,000 | -- | $501 / 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 |
|---|---|---|---|---|
| 2024 | $14,997 | $69,342 | $1,447 | $67,895 |
| 2023 | $17,334 | $77,047 | $1,167 | $75,880 |
| 2022 | $17,334 | $90,431 | $1,167 | $89,264 |
| 2021 | $16,979 | $90,430 | $1,167 | $89,263 |
| 2020 | $17,714 | $85,100 | $1,056 | $84,044 |
| 2019 | $17,381 | $92,685 | $1,056 | $91,629 |
| 2018 | $17,087 | $92,685 | $1,056 | $91,629 |
| 2017 | $14,576 | $73,786 | $874 | $72,912 |
| 2016 | $13,921 | $73,786 | $874 | $72,912 |
| 2015 | $12,697 | $73,786 | $874 | $72,912 |
| 2014 | $12,560 | $72,097 | $805 | $71,292 |
| 2013 | $12,293 | $72,097 | $805 | $71,292 |
Source: Public Records
Agents Affiliated with this Home
-
Nancy Nugent
-
Laura Topp
Buyer's Agent in 2024
Laura Topp
Berkshire Hathaway HomeServices Chicago
(773) 419-0076
2 in this area
173 Total Sales
About 340 On The Park
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12001219
APN: 17-10-318-058-1179
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