$2,999,995
SOLD OCT 15, 2024
4 Beds
3.5 Baths
3,135 Sq Ft
$3,549/mo HOA Fee

Recently Sold

$957 Per Sq Ft

682 Days on Market

Highlights

  • Doorman
  • 3-minute walk to Clark/Division Station
  • Wood Flooring
  • Lincoln Park High School Rated A
  • Fitness Center
  • 2-minute walk to Mariano (Louis) Park

About This Home

As of October 2024

Sleek and sophisticated - this highly upgraded 3,135 sq ft condo exudes modern elegance located in the highly sought-after 4 East Elm building, just steps from the best Gold Coast restaurants, shopping, and lakefront beaches. A half-floor condo with private elevator access opening directly into the home. Floor-to-ceiling windows in every room offer breathtaking views east, north, and west. This 4 Bedroom and 3.1-bath home is the ultimate urban oasis with over 10' ceilings throughout, beautiful 5" plank white oak hardwood floors, extensive audiovisual and lighting upgrades, and motorized Lutron shades, and a ~11'x15' terrace overlooking the lake, parks, and skyline. The stunning chef's kitchen features full-height Florense cabinets, waterfall countertops, and a subzero fridge. Among the many building amenities are an outdoor pool, whirlpool, sun deck, fitness center, screening room, clubhouse lounge, and 24-hour doorman.

Last Agent to Sell the Property

Philip Skowron

Compass License #475126278 Listed on: 09/15/2024

Compass

Last Buyer's Agent

Jill Silverstein

Compass License #475167682

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $58,886

Year Built

  • Built in 2016

Lot Details

  • Additional Parcels

HOA Fees

  • $3,549 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Handicap Parking
  • Heated Garage
  • Garage Door Opener
  • Deeded Parking Sold Separately

Home Design

  • Reinforced Caisson Foundation
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,135 Sq Ft Home
  • Entrance Foyer
  • Family Room
  • Combination Dining and Living Room
  • Wood Flooring

Kitchen

  • Range<<rangeHoodToken>>
  • <<microwave>>
  • High End Refrigerator
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Separate Shower

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Accessible Home Design

  • Accessibility Features
  • Level Entry For Accessibility

Outdoor Features

  • Balcony
  • Terrace

Utilities

  • Forced Air Zoned Heating and Cooling System
  • 200+ Amp Service
  • Lake Michigan Water

Community Details

Overview

  • Association fees include heat, air conditioning, water, gas, insurance, doorman, exercise facilities, pool, exterior maintenance, scavenger
  • 35 Units
  • Rachael Owens Association, Phone Number (312) 255-1938
  • High-Rise Condominium
  • Property managed by Sudler
  • 23-Story Property

Amenities

  • Doorman
  • Sundeck
  • Common Area
  • Service Elevator
  • Elevator

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$58,886

Year Built

Built in 2016

Lot Details

0

HOA Fees

$3,549 per month

Parking

2

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: 2016
  • Age: 6-10 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: Yes
  • General Information: Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 14
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 23

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, High End Refrigerator, Disposal, Stainless Steel Appliance(s)
  • Basement: None
  • Accessibility Features: Main Level Entry, Disabled Parking
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Interior Amenities: Elevator, Hardwood Floors, Laundry Hook-Up in Unit
  • LivingArea: 3135
  • Room Type: Foyer, Walk In Closet, Terrace
  • Stories Total: 23
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Separate Shower,Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Flooring: Hardwood
  • ResoLivingAreaSource: Builder

Exterior Features

  • ExteriorFeatures: Balcony
  • Foundation Details: Concrete Perimeter, Reinforced Caisson
  • List Price: 2999995
  • Lot Features: Common Grounds, Corner Lot
  • Waterfront: No
  • Exterior Building Type: Glass

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage Details: Garage Door Opener(s),Heated
  • Garage On-Site: Yes
  • Garage Ownership: Deeded Sold Separately
  • Garage Type: Attached
  • Parking: Garage
  • Deeded Garage Cost: 200000

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: 200+ Amp Service
  • Heating: Forced Air, Zoned
  • Laundry Features: In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 3549
  • Association Amenities: Door Person, Elevator(s), Exercise Room, Sundeck, Pool, Service Elevator(s), Spa/Hot Tub
  • Association Fee Frequency: Monthly
  • Management: Manager On-site,Monday through Saturday
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Sudler
  • Management Contact Name: Rachael Owens
  • Management Phone: 312-255-1938X00000
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Air Conditioning, Water, Gas, Insurance, Doorman, Exercise Facilities, Pool, Exterior Maintenance, Scavenger

Schools

  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels Description: 17032000871077,17032000871078
  • Additional Parcels: Yes
  • 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: No
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 58886.29
  • Tax Year: 2023
  • Tax Exemptions: None

Multi Family

  • Units in Building: 35

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2024
Closed on
Oct 15, 2024
Sold by
May John R and May Maggie E
Bought by
Brandon L Alsup And Layton V Alsup Joint Revo and Alsup
Seller's Agent
Philip Skowron
Compass
Buyer's Agent
Jill Silverstein
Compass
List Price
$2,999,995
Sold Price
$2,999,995
Views
11
Current Estimated Value
$2,475,301

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$524,694
Avg. Annual Appreciation
-42.76%
Original Mortgage
$2,399,996
Outstanding Balance
$2,384,053
Interest Rate
5.5%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$409,852
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 $3,000,000 Proper Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,399,996 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2024 10/15/24 Sold $2,999,995 0.0% $957 / Sq Ft
09/15/2024 09/15/24 Pending -- -- --
11/02/2022 11/02/22 For Sale $2,999,995 -3.2% $957 / Sq Ft
04/01/2019 04/01/19 Sold $3,100,000 -7.5% $989 / Sq Ft
02/15/2019 02/15/19 Pending -- -- --
02/07/2019 02/07/19 For Sale $3,350,000 +20.8% $1,069 / Sq Ft
04/12/2016 04/12/16 Sold $2,773,178 +2.7% $885 / Sq Ft
03/30/2016 03/30/16 Pending -- -- --
03/30/2016 03/30/16 For Sale $2,700,000 -- $861 / Sq Ft
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 $55,365 $263,483 $9,276 $254,207
2023 $53,972 $262,406 $7,468 $254,938
2022 $53,972 $262,406 $7,468 $254,938
2021 $57,796 $287,410 $7,468 $279,942
2020 $47,551 $213,456 $3,666 $209,790
2019 $59,451 $295,904 $3,666 $292,238
2018 $58,451 $295,904 $3,666 $292,238
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11665530

Midwest Real Estate Data (MRED)

APN: 17-03-200-087-1016