$920,000
SOLD JUL 8, 2024

3400 N Lake Shore Dr Unit 3A Chicago, IL 60657

Lakeview East Neighborhood
2 Beds
2.5 Baths
2,414 Sq Ft
$2,144/mo HOA Fee

Recently Sold

$381 Per Sq Ft

6% Below List Price

83 Days on Market

Highlights

  • Doorman
  • Fitness Center
  • Wood Flooring
  • Nettelhorst Elementary School Rated A-
  • Waterfront
  • Formal Dining Room

About This Home

As of July 2024

With wonderful views of the park, lake, and harbor from glorious oversized triple-hung windows, this exquisite gut-renovated residence in a prized Beaux Arts building is absolute perfection. The redesigned floor plan maximizes space, light, and design - offering a flexible residence in which to live and entertain on a grand scale. A proper entry foyer leads to an enormous great room which can easily accommodate a number of groupings depending on your needs. A flawless and timeless kitchen features Christopher Peacock cabinetry, Wolf 6-burner w/grill and 2 ovens, Sub-Zero refrigerator and Bosch dishwasher. A huge island with marble counters and seating opens to both the great room and dining area, allowing light and views to be enjoyed throughout. The oversized primary suite w/sitting/office/dressing area has a gorgeous bath w/dual vanity and walk-in shower. The second suite has extensive built-ins and a spa bath w/separate shower w/multiple sprays and rain shower. In-unit washer-dryer. Amazing original detailing beautifully meshes with the redesign: quarter-sawn herringbone floors, extensive moldings, new windows, and hard-wiring for a Creston system. Prime indoor garage space included. One of the city's finest buildings with 24-hour doorstaff, workout room, and stunning lobby and common areas.

Last Agent to Sell the Property

Brad Lippitz

Compass License #471014431 Listed on: 02/27/2024

Compass

Last Buyer's Agent

Cara Buffa

Berkshire Hathaway HomeServices Chicago License #475155015

Berkshire Hathaway HomeServices Chicago

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $15,545

Year Built

  • Built in 1922 | Remodeled in 2006

Lot Details

  • Waterfront

HOA Fees

  • $2,144 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Parking Included in Price

Home Design

  • Limestone

Interior Spaces

  • 2,414 Sq Ft Home
  • Built-In Features
  • Gas Log Fireplace
  • Entrance Foyer
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Storage
  • Wood Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Schools

  • Nettelhorst Elementary School
  • Lake View High School

Utilities

  • Central Air
  • Heating System Uses Steam
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include heat, air conditioning, water, parking, insurance, doorman, tv/cable, exercise facilities, exterior maintenance, lawn care, scavenger, snow removal, internet
  • 49 Units
  • Steven Salyers Association, Phone Number (773) 549-2953
  • Property managed by Jerome Meyer & Co
  • 9-Story Property

Amenities

  • Doorman
  • Coin Laundry
  • Service Elevator
  • Package Room
  • Community Storage Space
  • Elevator

Recreation

  • Fitness Center
  • Bike Trail

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$15,545

Year Built

Built in 1922 | Remodeled in 2006

Lot Details

0

HOA Fees

$2,144 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 1922
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 3
  • Rehab Year: 2006
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 9
  • Year Renovated: 2006

Interior Features

  • Basement: None
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Interior Amenities: Elevator, Hardwood Floors, Laundry Hook-Up in Unit, Storage, Built-in Features
  • LivingArea: 2414
  • Room Type: Foyer
  • Stories Total: 9
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Flooring: Hardwood

Exterior Features

  • List Price: 975000
  • Waterfront: Yes
  • Exterior Building Type: Limestone

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 2144
  • Association Amenities: Bike Room/Bike Trails, Door Person, Coin Laundry, Elevator(s), Exercise Room, Storage, On Site Manager/Engineer, Receiving Room, Service Elevator(s)
  • Association Fee Frequency: Monthly
  • Management: Manager On-site,Monday through Friday
  • Master Association Fee Frequency: Not Required
  • Management Company: Jerome Meyer & Co
  • Management Contact Name: Steven Salyers
  • Management Phone: 773-549-2953
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Air Conditioning, Water, Parking, Insurance, Doorman, TV/Cable, Exercise Facilities, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Internet

Schools

  • Elementary School: Nettelhorst Elementary School
  • High School: Lake View High School
  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 15545.37
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 49

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2024
Closed on
Jun 25, 2024
Sold by
George J Houlihan Revocable Trust and Houlihan George J
Bought by
Lnida Properties Llc
Seller's Agent
Brad Lippitz
Compass
Buyer's Agent
Cara Buffa
Berkshire Hathaway HomeServices Chicago
List Price
$975,000
Sold Price
$920,000
Premium/Discount to List
-$55,000
-5.64%
Total Days on Market
83
Views
40
Current Estimated Value
$887,989

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$32,011
Avg. Annual Appreciation
-3.82%

Purchase Details

Closed on
Sep 21, 2020
Sold by
Houlihan George J
Bought by
George J Houlihan Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 14, 2006
Sold by
Leavitt Michael and Leavitt Lisa
Bought by
Houlihan George

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.47%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 7, 2002
Sold by
Sinclair Gordon A
Bought by
Leavitt Michael and Leavitt Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$395,500
Interest Rate
6.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 10, 1997
Sold by
Mcmillan Peggy Budwig and Budwig Samuel Mark
Bought by
Sinclair Gordon A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,000
Interest Rate
7.54%

Purchase Details

Closed on
Oct 10, 1995
Sold by
Budwig Ro Jene
Bought by
Budwig Ro Jene and The Rojene Budwig Revocable Trust

Purchase Details

Closed on
Dec 29, 1993
Sold by
Chicago City Bank & Trust Company
Bought by
Budwig Rojene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,000
Interest Rate
7.26%
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $920,000 Chicago Title
Quit Claim Deed -- Old Republic Title
Warranty Deed $838,000 Cti
Warranty Deed $517,500 Chicago Title Insurance Co
Trustee Deed $332,500 --
Interfamily Deed Transfer -- --
Deed $248,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $500,000 New Conventional
Previous Owner $417,000 New Conventional
Previous Owner $650,000 Unknown
Previous Owner $329,000 Credit Line Revolving
Previous Owner $450,000 Unknown
Previous Owner $50,000 Credit Line Revolving
Previous Owner $150,000 Credit Line Revolving
Previous Owner $395,500 Unknown
Previous Owner $395,500 Unknown
Previous Owner $212,000 Unknown
Previous Owner $214,000 No Value Available
Previous Owner $262,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2024 07/08/24 Sold $920,000 -5.6% $381 / Sq Ft
05/21/2024 05/21/24 Pending -- -- --
02/27/2024 02/27/24 For Sale $975,000 0.0% $404 / Sq Ft
08/13/2021 08/13/21 Rented -- -- --
08/05/2021 08/05/21 Under Contract -- -- --
05/10/2021 05/10/21 For Rent $7,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

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 $15,545 $94,882 $8,683 $86,199
2023 $15,545 $79,000 $7,003 $71,997
2022 $15,545 $79,000 $7,003 $71,997
2021 $15,216 $78,999 $7,002 $71,997
2020 $16,719 $78,151 $4,621 $73,530
2019 $16,507 $85,589 $4,621 $80,968
2018 $16,228 $85,589 $4,621 $80,968
2017 $16,501 $80,027 $4,061 $75,966
2016 $15,528 $80,027 $4,061 $75,966
2015 $14,184 $80,027 $4,061 $75,966
2014 $11,708 $65,674 $3,326 $62,348
2013 $11,466 $65,674 $3,326 $62,348
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11986881

Midwest Real Estate Data (MRED)

APN: 14-21-307-048-1016