$3,540,000
SOLD MAY 8, 2023
3 Beds
3.5 Baths
3,500 Sq Ft
$3,944/mo HOA Fee

Recently Sold

$1,011 Per Sq Ft

25% Below List Price

172 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 May 2023

Rare opportunity to own Architectural Digest worthy, half floor condo with best views of Chicago and direct elevator whisking you up from private parking to unit. Designed by Gary Lee and winner of the 2019 International Interior Design Association Award, this unique home is cosmopolitan living at its finest on a high floor, South facing Unit at 4 E. Elm, the newest boutique luxury condo building in the Gold Coast. The unit lives big with a huge primary suite, 2 en-suite bedrooms, a large open living/dining/family/library area for top-notch entertaining, a generous office and a fully equipped laundry room; all with 10 ft ceilings and floor to ceiling windows on all sides. Private elevator opens directly into a sophisticated foyer with breathtaking views of Rush and State streets and the Chicago skyline. Living/dining/family/library areas are appointed with custom bronze, stone and Wenge architectural elements and can function as one space for large-scale entertaining. The open kitchen and dedicated bar feature marble and quartz countertops, full height lacquer and exotic wood Florense cabinets, complete with walnut custom inserts and pull-outs, as well as top of the line appliances. The primary suite includes 2 walk-in closets, private teak deck with expansive lake and Oak St. views, and a spa caliber bathroom with TV, steam shower, tub, custom shelving and a separate room equipped with a Toto Japanese toilet. The office acts as a real sanctuary with wood paneling, extensive built-ins and a generous sitting area. Highest quality fixtures and materials throughout, including Alison Berger, Holly Hunt, Jean de Merry, Lee Joffa, Caste. Smart-home integration in every room - Lutron recessed motorized shades and curtains, Lutron lighting controls, Control4 AV, Nest security, private Tesla charger. The building features a 24hr door staff, outdoor pool, hot tub, theater room, lounge, large landscaped terrace, and state-of-the-art fitness center, all just steps from the city's best shopping, dining, bars, and the Lakefront!

Last Agent to Sell the Property

Philip Skowron

Compass License #475126278 Listed on: 11/02/2022

Compass

Last Buyer's Agent

Joanne Nemerovski

Compass License #471006456

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $67,038

Year Built

  • Built in 2016

Lot Details

  • Additional Parcels

HOA Fees

  • $3,944 Monthly HOA Fees

Parking

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

Home Design

  • Reinforced Caisson Foundation
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,500 Sq Ft Home
  • Double Sided Fireplace
  • Gas Log Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Utility Room with Study Area
  • Wood Flooring

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
  • 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, snow removal
  • 35 Units
  • Scott Graf 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

$67,038

Year Built

Built in 2016

Lot Details

0

HOA Fees

$3,944 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: 18
  • 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: 3
  • Fireplace Features: Double Sided, Gas Log, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Elevator, Hardwood Floors, Laundry Hook-Up in Unit
  • LivingArea: 3500
  • Room Type: Study, 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
  • Fireplace Location: Family Room,Living Room
  • Total Sq Ft: 0
  • Flooring: Hardwood
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Balcony
  • Foundation Details: Concrete Perimeter, Reinforced Caisson
  • List Price: 4750000
  • 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),Heated
  • 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 Fee: 3944
  • 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 Friday
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Sudler
  • Management Contact Name: Scott Graf
  • Management Phone: 312-255-1938
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels Description: 17032000871069,17032000871070
  • Additional Parcels: Yes
  • Lot Dimensions: COMMON
  • Special Assessments: U

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: 67037.5
  • Tax Year: 2021

Multi Family

  • Units in Building: 35

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2022
Closed on
May 1, 2023
Sold by
Lancry Uriel C and Lancry Leslie L
Bought by
Steven M Kaplan Declaration Of Trust
Seller's Agent
Philip Skowron
Compass
Buyer's Agent
Joanne Nemerovski
Compass
List Price
$4,750,000
Sold Price
$3,540,000
Premium/Discount to List
-$1,210,000
-25.47%
Views
16
Current Estimated Value
$2,804,996

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$735,004
Avg. Annual Appreciation
-25.71%
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 $3,540,000 Proper Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $3,500,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2023 05/08/23 Sold $3,540,000 0.0% $1,011 / Sq Ft
12/12/2022 12/12/22 Off Market $3,540,000 -- --
11/02/2022 11/02/22 For Sale $4,750,000 +10.4% $1,357 / Sq Ft
07/11/2019 07/11/19 Sold $4,301,000 0.0% $1,234 / Sq Ft
07/11/2019 07/11/19 For Sale $4,301,000 +13.2% $1,234 / Sq Ft
06/02/2016 06/02/16 For Sale $3,800,000 +0.2% $1,090 / Sq Ft
05/31/2016 05/31/16 Sold $3,792,709 -- $1,088 / 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 $60,697 $288,858 $10,169 $278,689
2023 $59,170 $287,678 $8,188 $279,490
2022 $59,170 $287,678 $8,188 $279,490
2021 $63,362 $315,089 $8,187 $306,902
2020 $52,131 $234,013 $4,019 $229,994
2019 $65,176 $324,401 $4,019 $320,382
2018 $64,080 $324,401 $4,019 $320,382
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11657888

Midwest Real Estate Data (MRED)

APN: 17-03-200-087-1022