$320,000
SOLD MAR 31, 2025

3420 N Lake Shore Dr Unit 16N Chicago, IL 60657

Lakeview East Neighborhood
2 Beds
1.5 Baths
-- Sq Ft
$747/mo HOA Fee

Recently Sold

4% Below List Price

16 Days on Market

Highlights

  • Doorman
  • Rooftop Deck
  • End Unit
  • Nettelhorst Elementary School Rated A-
  • Waterfront
  • Elevator

About This Home

As of March 2025

Welcome to 3420 N. Lake Shore Drive, Unit 16N. This high floor 2-bedroom and 1.5 bath condo that spans the length of the building from East to West offers straight on jetliner/vacation views of Belmont Harbor, The Lake, Wrigley Field and west as for as the eye can see for those amazing sunsets. PLUS, a secure heated indoor parking space is INCLUDED (35k + Value)!! The foyer has nice arched doorways that lead to the kitchen and hallway. The Cook's kitchen features gorgeous sleek contemporary cabinetry, thick granite counter tops with full backsplash and cool black stainless steel appliances including a full size dishwasher. The expansive living area provides plenty of space for several different lay-outs along with a large dining alcove. Beautiful grayish wood flooring in the main living areas and brand new carpet in the 2 bedrooms. Both of the bedrooms are large in size and can easily accommodate king-size beds with great closet space....not to mention the stunning western views. Both of the baths have been updated and the primary bath features gorgeous floor and wall time & newer vanity. The shower has multiple shower heads and a custom shower glass door. second-floor fitness room and convenient coin laundry. Building amenities include a rooftop deck, complete with grills for residents to use, 24-hr door staff and onsite maintenance available 24/7. Fantastic location near the lake, running paths, bike path, Belmont Harbor, restaurants, shops, and public transportation. Total Assessment = 747, Unit Assessment is 656 + Parking Assessment = 25.68, Cable TV/Internet (mandatory) = 65. Parking is included with the purchase of the unit, a 35,000 + value. Recent building improvements include new risers (2020), hallway renovations (2023), new roof top decking with all new furniture coming. Reserves are approximately 500,000 as of January, 2025. REMEMBER a Secure, Heated, In-Door Parking Space is include in the price. Oh...Pet Friendly...Dogs allowed but not over 50lbs. NOTE: NO FHA or VA financing allowed...building has first right of refusal. Also, NO in-unit W/D is allowed. NO Rental Cap or Restrictions!

Last Agent to Sell the Property

Kevin Tatum

@properties Christie's International Real Estate License #475113621 Listed on: 01/21/2025

@properties Christie's International Real Estate

Last Buyer's Agent

Sara Wilburn

@properties Christie's International Real Estate License #475160744

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,853

Year Built

  • Built in 1952 | Remodeled in 2017

Lot Details

  • Waterfront
  • End Unit

HOA Fees

  • $747 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Parking Included in Price

Home Design

  • Pillar, Post or Pier Foundation
  • Concrete Perimeter Foundation

Interior Spaces

  • Family Room
  • Combination Dining and Living Room
  • Water Views
  • Laundry Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Flooring

  • Carpet
  • Laminate
  • Porcelain Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms

Home Security

Outdoor Features

  • Rooftop Deck

Schools

  • Nettelhorst Elementary School
  • Lake View High School

Utilities

  • Baseboard Heating
  • Heating System Uses Steam

Community Details

Overview

  • Association fees include heat, water, parking, insurance, doorman, tv/cable, exterior maintenance, lawn care, scavenger, snow removal
  • 182 Units
  • Paula Gutierrez Association, Phone Number (773) 477-1232
  • High-Rise Condominium
  • 2 Brdm/1.5 Bath
  • Property managed by The Building Group
  • 18-Story Property

Amenities

  • Doorman
  • Common Area
  • Coin Laundry
  • Elevator
  • Service Elevator
  • Community Storage Space

Recreation

  • Bike Trail

Pet Policy

  • Pets up to 50 lbs
  • Limit on the number of pets
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site
  • Storm Screens

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,853

Year Built

Built in 1952 | Remodeled in 2017

Lot Details

0

HOA Fees

$747 per month

Parking

1

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)
  • Year Built: 1952
  • Age: 71-80 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2017
  • ResoPropertyType: Residential
  • MRD_WaterViewYN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 18
  • Year Renovated: 2017

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Room Type: No additional rooms
  • Stories Total: 18
  • Estimated Total Finished Sq Ft: 0
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Flooring: Carpet

Exterior Features

  • ExteriorFeatures: Roof Deck, Storms/Screens, End Unit
  • Foundation Details: Concrete Perimeter, Pillar/Post/Pier
  • List Price: 335000
  • Lot Features: Common Grounds
  • Patio And Porch Features: Deck
  • Waterfront: Yes
  • Exterior Building Type: Brick,Concrete

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: Wall Unit(s)
  • Electric: Circuit Breakers
  • Heating: Steam, Baseboard
  • Laundry Features: Common Area
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit
  • Association Fee: 747
  • Association Amenities: Bike Room/Bike Trails, Door Person, Coin Laundry, Elevator(s), Storage, On Site Manager/Engineer, Service Elevator(s)
  • Association Fee Frequency: Monthly
  • Management: Manager On-site,Monday through Friday
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: The Building Group
  • Management Contact Name: Paula Gutierrez
  • Management Phone: 773-477-1232
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

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

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 50

Tax Info

  • Tax Annual Amount: 4853
  • Tax Year: 2023

Multi Family

  • Units in Building: 182

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2025
Closed on
Mar 31, 2025
Sold by
Kane Dennis R
Bought by
Keating Emily
Seller's Agent
Kevin Tatum
@properties Christie's International Real Estate
Buyer's Agent
Sara Wilburn
@properties Christie's International Real Estate
List Price
$335,000
Sold Price
$320,000
Premium/Discount to List
-$15,000
-4.48%
Views
46
Current Estimated Value
$322,818

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,818
Avg. Annual Appreciation
2.27%
Original Mortgage
$170,000
Outstanding Balance
$167,642
Interest Rate
5.99%
Mortgage Type
New Conventional
Estimated Equity
$155,176

Purchase Details

Closed on
Jun 15, 1995
Sold by
Oak Brook Bank
Bought by
Kane Dennis R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,200
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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 $320,000 None Listed On Document
Trustee Deed $128,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $170,000 New Conventional
Previous Owner $40,000 Credit Line Revolving
Previous Owner $164,000 Credit Line Revolving
Previous Owner $100,000 Unknown
Previous Owner $161,000 Unknown
Previous Owner $114,200 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2025 03/31/25 Sold $320,000 -4.5% --
02/06/2025 02/06/25 Pending -- -- --
01/30/2025 01/30/25 For Sale $335,000 0.0% --
01/28/2025 01/28/25 Pending -- -- --
01/21/2025 01/21/25 For Sale $335,000 -- --
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 $4,853 $28,252 $2,460 $25,792
2023 $4,730 $23,001 $1,991 $21,010
2022 $4,730 $23,001 $1,991 $21,010
2021 $4,625 $22,999 $1,990 $21,009
2020 $4,902 $22,006 $1,309 $20,697
2019 $4,843 $24,103 $1,309 $22,794
2018 $4,761 $24,103 $1,309 $22,794
2017 $4,466 $20,746 $1,150 $19,596
2016 $4,155 $20,746 $1,150 $19,596
2015 $3,802 $20,746 $1,150 $19,596
2014 $3,571 $19,247 $942 $18,305
2013 $3,501 $19,247 $942 $18,305
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12273883

Midwest Real Estate Data (MRED)

APN: 14-21-307-052-1105