Seller's Agent in 2025
Richard Mell
Coldwell Banker Realty
(773) 259-6976
1 in this area
33 Total Sales
2
Beds
1
Bath
1,000
Sq Ft
$811/mo
HOA Fee
Highlights
- Doorman
- Fitness Center
- Rooftop Deck
- Lake Front
- Penthouse
- Open Floorplan
About This Home
As of February 2025Live above it all in this stunning penthouse, offering panoramic views of Lake Michigan, lush parklands, and the harbor - a front-row seat to the best of Chicago's skyline. Located in the sought-after "A" tier of 3950 Lake Shore Drive, this home is all about elegance, comfort, and effortless living. Step inside and feel the natural light pour in through south-facing windows, creating an inviting and airy space. The open floor plan flows seamlessly from the spacious living area to a chic dining space, complete with a sleek chandelier and built-in dry bar - perfect for both relaxing and entertaining. The stylish kitchen will inspire your inner chef, with its modern quartz countertops, striking herringbone glass tile backsplash, stainless steel appliances, and expansive waterfall peninsula. Both bedrooms are generously sized, with plenty of closet space, while the bathroom feels like a spa retreat, featuring an oversized marble-tiled shower, slate floors, and custom cabinetry. Living here means no worries - all utilities are included in your assessments, from heat and air conditioning to gas, water, cable TV, and Wi-Fi. Enjoy full-service amenities, including 24-hour door staff, a rooftop deck with sweeping 360-degree views, a fitness center, and a landscaped courtyard for peaceful outdoor moments. The location is unbeatable - steps away from the lakefront's beaches, bike paths, and parks, plus the vibrant shops, restaurants, and nightlife of East Lakeview. With easy access to CTA trains, express buses, and Lake Shore Drive, everything you love about Chicago is right at your fingertips. Don't miss out on this rare opportunity to live in a penthouse that's as spectacular as the views it offers.
Last Agent to Sell the Property
Coldwell Banker Realty License #471002698 Listed on: 01/14/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,173
Year Built
- Built in 1953 | Remodeled in 2020
Lot Details
- Lake Front
- Landscaped Professionally
HOA Fees
- $811 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Leased Parking
- Garage Door Opener
Home Design
- Penthouse
- Brick Exterior Construction
- Rubber Roof
Interior Spaces
- 1,000 Sq Ft Home
- Open Floorplan
- Dry Bar
- Entrance Foyer
- Family Room
- Living Room
- Formal Dining Room
- Storage
- Laundry Room
- Laminate Flooring
Kitchen
- Gas Oven
- Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- 1 Full Bathroom
- No Tub in Bathroom
Home Security
Outdoor Features
- Rooftop Deck
- Patio
Schools
- Brenneman Elementary School
- Senn High School
Utilities
- Heating System Uses Natural Gas
- Lake Michigan Water
Community Details
Overview
- Association fees include heat, air conditioning, water, electricity, gas, insurance, doorman, tv/cable, exercise facilities, exterior maintenance, lawn care, scavenger, snow removal, internet
- 660 Units
- Jackie Martinez Association, Phone Number (773) 348-7300
- High-Rise Condominium
- Property managed by CHICAGOLAND COMMUNITY MANAGEMENT
- 23-Story Property
Amenities
- Doorman
- Sundeck
- Common Area
- Coin Laundry
- Service Elevator
- Community Storage Space
- Elevator
Recreation
- Bike Trail
Pet Policy
- Cats Allowed
Security
- Resident Manager or Management On Site
- Storm Screens
- Carbon Monoxide Detectors
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 14, 2025
Closed on
Feb 20, 2025
Sold by
Mesa Gordon and Mesa Engelbert
Bought by
Nickodemus David P
Seller's Agent
Richard Mell
Coldwell Banker Realty
Buyer's Agent
Michael Reyes
A.R.E. Partners Inc.
List Price
$250,000
Sold Price
$255,000
Premium/Discount to List
$5,000
2%
Views
8450
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
$3,880
Avg. Annual Appreciation
2.95%
Purchase Details
Listed on
May 27, 2022
Closed on
Jul 7, 2022
Sold by
Arciola Daniel A
Bought by
Mesa Gordon
Seller's Agent
Mario Greco
Compass
Buyer's Agent
Eugene Fu
@properties Christie's International Real Estate
List Price
$249,500
Sold Price
$240,000
Premium/Discount to List
-$9,500
-3.81%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.33%
Original Mortgage
$192,000
Interest Rate
6.38%
Mortgage Type
Balloon
Purchase Details
Closed on
Aug 4, 1999
Sold by
Guerra Gale
Bought by
Arciola Daniel A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,000
Interest Rate
7.61%
Purchase Details
Closed on
Apr 2, 1998
Sold by
Walker Christopher and Walker Laurence C S
Bought by
Guerra Gale
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $255,000 | Old Republic Title | |
| Warranty Deed | $240,000 | None Listed On Document | |
| Warranty Deed | $110,000 | -- | |
| Executors Deed | $70,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $192,000 | Balloon | |
| Previous Owner | $122,717 | New Conventional | |
| Previous Owner | $102,759 | Unknown | |
| Previous Owner | $66,750 | Credit Line Revolving | |
| Previous Owner | $105,000 | Unknown | |
| Previous Owner | $99,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/26/2025 02/26/25 | Sold | $255,000 | +2.0% | $255 / Sq Ft |
| 02/05/2025 02/05/25 | Pending | -- | -- | -- |
| 01/14/2025 01/14/25 | For Sale | $250,000 | +4.2% | $250 / Sq Ft |
| 07/13/2022 07/13/22 | Sold | $240,000 | -1.8% | $240 / Sq Ft |
| 06/16/2022 06/16/22 | Pending | -- | -- | -- |
| 06/13/2022 06/13/22 | Price Changed | $244,500 | -2.0% | $245 / Sq Ft |
| 05/27/2022 05/27/22 | For Sale | $249,500 | 0.0% | $250 / Sq Ft |
| 06/20/2020 06/20/20 | Rented | $2,195 | 0.0% | -- |
| 06/18/2020 06/18/20 | Under Contract | -- | -- | -- |
| 06/09/2020 06/09/20 | Price Changed | $2,195 | -2.4% | $2 / Sq Ft |
| 05/26/2020 05/26/20 | For Rent | $2,250 | -- | -- |
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 | $3,173 | $16,883 | $1,345 | $15,538 |
| 2023 | $3,093 | $15,040 | $1,202 | $13,838 |
| 2022 | $3,093 | $15,040 | $1,202 | $13,838 |
| 2021 | $3,024 | $15,038 | $1,201 | $13,837 |
| 2020 | $2,114 | $12,594 | $751 | $11,843 |
| 2019 | $2,100 | $13,881 | $751 | $13,130 |
| 2018 | $2,063 | $13,881 | $751 | $13,130 |
| 2017 | $1,629 | $10,944 | $661 | $10,283 |
| 2016 | $1,692 | $10,944 | $661 | $10,283 |
| 2015 | $1,525 | $10,944 | $661 | $10,283 |
| 2014 | $1,349 | $9,840 | $510 | $9,330 |
| 2013 | $1,451 | $10,609 | $510 | $10,099 |
Source: Public Records
Agents Affiliated with this Home
-
Richard Mell
-
Michael Reyes
Buyer's Agent in 2025
Michael Reyes
A.R.E. Partners Inc.
(312) 972-3455
3 in this area
42 Total Sales
-
Mario Greco
Seller's Agent in 2022
Mario Greco
Compass
(773) 255-6562
70 in this area
1,082 Total Sales
-
Peter Xantheas
Seller Co-Listing Agent in 2022
Peter Xantheas
Compass
(773) 766-7864
11 in this area
49 Total Sales
-
Eugene Fu
Buyer's Agent in 2022
Eugene Fu
@ Properties
(312) 804-3738
28 in this area
388 Total Sales
-
Justin Daly
Buyer Co-Listing Agent in 2022
Justin Daly
@ Properties
7 in this area
63 Total Sales
About This Building
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12270520
APN: 14-21-101-034-1044
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