NOT LISTED FOR SALE

Estimated Value: $238,000

1 Bed
1 Bath
650 Sq Ft
2.05 Acres

Last Sold November 14, 2023

Last sale price $273,000 $420 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $1,481/month

Highlights

  • Doorman
  • Fitness Center
  • Clubhouse
  • Steam Room
  • Lock-and-Leave Community
  • 3-minute walk to Lakeshore East Park

About This Home

As of January 2024

Remarkable Jr 1 bedroom. Open park and pool views! Very sleek and new upgrades include an open kitchen with a large granite peninsula: grey hardwood floors, and new windows. The unit has stainless steel microwave, stove top, and frig. and dishwasher. Outer Drive East is a luxury condominium building with 5-star "resort-like" amenities: health club and spa, world-famous geodesic doomed pool (sun year-round), basketball, racquetball, child's playroom, ping-pong, cardio equipment, saunas, steam, and dressing rooms. A newly remodeled gathering space (overlooking expansive patio/grill area) and business center were recently completed; just another example of a well-managed, well-funded building with exceptional reserves! Monthly assessments include heat, a/c, gas, cable (with TiVo6), and internet - Full-time front desk personnel, security officers, and door attendants greet you and your guests in the beautiful lobby, located just off the public parking area. Reserved, self-park, heated indoor garage spaces are also available for $220 monthly. The great Outer Drive East community, nestled in the New Eastside neighborhood, is all about location, location, location! Within easy walking distance, you'll find a gorgeous park with year-round plantings, gracious seating, a large grassy mall surrounded by rippling fountains, a remodeled children's playground, and a dog park. Easy walkways to the riverwalk, lakefront, Maggie Daley Park, the Pritzker outdoor pavilion, and Harris Theater for all forms of entertainment: concerts, movies, and workouts. 30 Min free parking.

Last Agent to Rent the Property

Shelley Stunard

Berkshire Hathaway HomeServices Chicago License #471012733 Listed on: 12/08/2023

Berkshire Hathaway HomeServices Chicago

Last Renter's Agent

Shelley Stunard

Berkshire Hathaway HomeServices Chicago License #471012733 Listed on: 12/08/2023

Berkshire Hathaway HomeServices Chicago

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1963 | Remodeled in 2020

Lot Details

  • 2.05

Interior Spaces

  • 650 Sq Ft Home
  • Combination Dining and Living Room

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Lake Michigan Water
  • Private or Community Septic Tank

Listing and Financial Details

  • Security Deposit $2,000
  • Property Available on 12/8/23
  • Rent includes cable TV, gas, heat, water, pool, scavenger, security, doorman, exterior maintenance, lawn care, storage lockers, snow removal, air conditioning
  • 12 Month Lease Term

Community Details

Overview

  • 955 Units
  • Association Phone (312) 321-0613
  • Property managed by The Habitat Company
  • Lock-and-Leave Community
  • 40-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Sundeck
  • Restaurant
  • Steam Room
  • Business Center
  • Party Room
  • Coin Laundry
  • Elevator
  • Service Elevator
  • Package Room
  • Convenience Store

Recreation

  • Community Spa
  • Bike Trail

Pet Policy

  • No Pets Allowed

Security

  • Resident Manager or Management On Site

Condo Details

Home Type

Condominium

Year Built

Built in 1963 | Remodeled in 2020

Lot Details

0

Rental Info

  • Available Date: 2023-12-08
  • Lease Term: 12 Months
  • Board Approval: No
  • Board Number: 8
  • Pets Allowed (Y/N): No
  • Type of Rental Property: Attached
  • Rental Price: 1900
  • Security Deposit: 2000
  • Fees/Approvals: Fee for Bike Room,Move-in Fee,Move-in Mon-Fri,Move Out Fee

Listing Details

  • Property Type: Residential Lease
  • Property Type: Residential Lease
  • Type Attached: Condo
  • Property Sub-Type: Attached
  • Year Built: 1963
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 38
  • Rehab Year: 2020
  • Actual Status: Rented
  • ResoPropertyType: ResidentialLease
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 40
  • Year Renovated: 2020

Interior Features

  • Appliances: Microwave, Dishwasher, Refrigerator, Disposal
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Furnished: No
  • LivingArea: 650
  • Room Type: No additional rooms
  • Stories Total: 40
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Builder

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick,Concrete

Garage/Parking

  • Parking: None

Utilities

  • Sewer: Septic-Private
  • Cooling: Central Air
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: No
  • Association Amenities: Bike Room/Bike Trails, Door Person, Coin Laundry, Commissary, Elevator(s), Exercise Room, Storage, Health Club, On Site Manager/Engineer, Party Room, Sundeck, Indoor Pool, Receiving Room, Restaurant, Sauna, Security Door Lock(s), Service Elevator(s), Steam Room, Valet/Cleaner, Spa/Hot Tub, Business Center, Clubhouse
  • Rent Includes: Cable TV, Gas, Heat, Water, Pool, Scavenger, Security, Doorman, Exterior Maintenance, Lawn Care, Storage Lockers, Snow Removal, Air Conditioning
  • Management: Manager On-site,Monday through Friday
  • Management Company: The Habitat Company
  • Management Phone: 312-321-0613

Lot Info

  • Lot Dimensions: COMMON

Multi Family

  • Units in Building: 955

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 24, 2016
Sold by
Ribeiro Licerio and Ribeiro Elizabeth
Bought by
Ribeiro Valerie
Current Estimated Value
$238,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,625
Outstanding Balance
$121,675
Interest Rate
3.37%
Mortgage Type
FHA

Purchase Details

Closed on
May 6, 2004
Sold by
Reece Harold F
Bought by
Ribeiro Licerio and Ribeiro Elizabeth

Purchase Details

Closed on
Jul 16, 1996
Sold by
Reece Harold F and Reece Clarice
Bought by
Reece Harold F
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ribeiro Valerie $180,000 Premier Title
Ribeiro Licerio $155,000 Cti
Reece Harold F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ribeiro Valerie $152,625
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/30/2024 01/30/24 Rented $1,900 0.0% --
01/05/2024 01/05/24 Off Market $1,900 -- --
12/16/2023 12/16/23 Price Changed $1,900 -5.0% $3 / Sq Ft
12/08/2023 12/08/23 For Rent $2,000 0.0% --
11/14/2023 11/14/23 Sold $273,000 -0.7% -- View Prior Sale
09/08/2023 09/08/23 Pending -- -- --
08/07/2023 08/07/23 For Sale $275,000 0.0% --
12/23/2018 12/23/18 Rented $2,200 0.0% --
12/07/2018 12/07/18 Under Contract -- -- --
10/27/2018 10/27/18 For Rent $2,200 -15.4% --
08/01/2017 08/01/17 Rented $2,600 0.0% --
06/27/2017 06/27/17 For Rent $2,600 -- --
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
2019 $3,745 $18,639 $758 $17,881
2018 $3,682 $18,639 $758 $17,881
2017 $3,500 $16,259 $627 $15,632
2016 $3,256 $16,259 $627 $15,632
2015 $2,979 $16,259 $627 $15,632
2014 $2,498 $13,463 $577 $12,886
2013 $2,577 $14,171 $577 $13,594
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11943179

Midwest Real Estate Data (MRED)

APN: 17-10-400-012-1182