$868,000 - $3,992,000
RENTED JAN 31, 2025
3 Beds
3.5 Baths
3,516 Sq Ft
0.27 Acres

Last Sold April 20, 2016

Last sale price $3,483,229 $991 Per Sq Ft

Est. 30% decrease in value since last sale

Current estimated payment $18,552/month

Highlights

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

About This Home

As of January 2025

Welcome to the luxurious and exclusive 4 East Elm, where contemporary elegance meets unmatched convenience. This expansive half-floor residence offers approximately 3,500 square feet of meticulously designed living space, accessed through your private elevator. Step inside to find stunning 5" wide plank White Oak hardwood floors, Lutron motorized shades and lighting, and dramatic 10' ceilings complemented by state-of-the-art smart home technology. The open, flowing layout is perfect for entertaining on a grand scale while offering the flexibility to create intimate living, dining, family, and sitting spaces. Enjoy seamless indoor-outdoor living with a spacious terrace overlooking the vibrant State and Rush Streets. The modern chef's kitchen is a dream come true, featuring honed Calacatta Marble waterfall countertops, sleek full-height high-gloss Florense cabinetry, and premium appliances by Sub-Zero, Wolf, and Miele. Top-of-the-line fixtures by Dornbracht, Hansgrohe, and Kohler complete the sophisticated aesthetic. The east-facing primary suite boasts breathtaking Lake Michigan views, two large custom walk-in closets, and a spa-inspired en-suite bath. On the west side, you'll find two additional bedrooms, each with private en-suite bathrooms, ideal for guests, home offices, or additional living spaces. A dedicated laundry room with a Samsung washer and dryer and extra storage adds convenience. This residence comes with two premium, side-by-side parking spaces, included in the price. Living at 4 East Elm means access to world-class amenities, including 24-hour door staff, an outdoor pool, hot tub, theater room, residents' lounge, expansive landscaped terrace, and a state-of-the-art fitness center. All this is located steps from Chicago's finest shopping, dining, nightlife, and the scenic lakefront.

Last Agent to Rent the Property

Philip Skowron

Compass License #475126278 Listed on: 01/07/2025

Compass

Last Renter's Agent

Olivia Stohle

Compass License #475186508

Compass

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $61,157

Year Built

  • Built in 2016

Lot Details

  • 0.27

Parking

  • 2 Car Attached Garage
  • Handicap Parking
  • Garage Transmitter
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Reinforced Caisson Foundation
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,516 Sq Ft Home
  • Entrance Foyer
  • Family Room
  • Combination Dining and Living Room
  • Wood Flooring
  • Water Views

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 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
  • Deck
  • Terrace

Utilities

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

Listing and Financial Details

  • Property Available on 1/7/25
  • Rent includes gas, heat, water, parking, pool, scavenger, doorman, air conditioning

Community Details

Overview

  • 35 Units
  • Rachel Owens Association, Phone Number (312) 255-1938
  • 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

Condo Details

Home Type

Condominium

Est. Annual Taxes

$61,157

Year Built

Built in 2016

Lot Details

0

Parking

2

Rental Info

  • Available Date: 2025-01-07
  • Lease Term: 12 Months,Available for Sale
  • Board Approval: Yes
  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Type of Rental Property: Attached
  • Rental Price: 20000
  • Security Deposit: TBD
  • Is Parking Included in Price: Yes
  • Fees/Approvals: Credit Report,Move-in Fee,Move Out Fee,Refundable Damage Deposit
  • Max Pet Weight: 999

Listing Details

  • Property Type: Residential Lease
  • Property Type: Residential Lease
  • Type Attached: Condo
  • Property Sub-Type: Attached
  • 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: ResidentialLease
  • MRD_WaterViewYN: Yes
  • 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: 3
  • Furnished: No
  • Interior Amenities: Elevator, Hardwood Floors, Laundry Hook-Up in Unit
  • LivingArea: 3516
  • Room Type: Foyer, Terrace, Walk In Closet
  • 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, Deck
  • Foundation Details: Concrete Perimeter, Reinforced Caisson
  • List Price: 20000
  • 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),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

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 Amenities: Door Person, Elevator(s), Exercise Room, Sundeck, Pool, Service Elevator(s), Spa/Hot Tub
  • Rent Includes: Gas, Heat, Water, Parking, Pool, Scavenger, Doorman, Air Conditioning
  • Management: Manager On-site,Monday through Friday
  • Management Company: Sudler
  • Management Contact Name: Rachel Owens
  • Management Phone: 312-255-1938X00000

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: COMMON

Multi Family

  • Units in Building: 35

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Gidwitz Scott K $750,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2025 01/31/25 Rented $19,000 -5.0% --
01/29/2025 01/29/25 Under Contract -- -- --
01/07/2025 01/07/25 For Rent $20,000 +19.8% --
02/01/2024 02/01/24 Rented $16,700 -1.8% --
11/27/2023 11/27/23 For Rent $17,000 0.0% --
05/03/2016 05/03/16 Pending -- -- --
05/03/2016 05/03/16 For Sale $3,475,000 -0.2% $988 / Sq Ft
04/20/2016 04/20/16 Sold $3,483,229 -- $991 / 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 $61,157 $291,049 $10,246 $280,803
2023 $59,619 $289,859 $8,250 $281,609
2022 $59,619 $289,859 $8,250 $281,609
2021 $63,842 $317,479 $8,249 $309,230
2020 $52,527 $235,789 $4,050 $231,739
2019 $65,671 $326,862 $4,050 $322,812
2018 $64,566 $326,862 $4,050 $322,812
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12266390

Midwest Real Estate Data (MRED)

APN: 17-03-200-087-1015