NOT LISTED FOR SALE

Estimated Value: $366,500

1 Bed
1 Bath
825 Sq Ft
$761/mo HOA Fee

Last Sold September 29, 2023

Last sale price $405,000 $491 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $3,031/month

20 Days on Market

Highlights

  • Doorman
  • Fitness Center
  • Lock-and-Leave Community
  • Steam Room
  • Multiple Garages
  • 4-minute walk to Lakeshore East Park

About This Home

As of September 2023

825 sq ft 1 bedroom 1 bath with large south-facing balcony with Gorgeous views. This south-facing balcony overlooking Lake Michigan, Monroe Harbor, Grant/Millennium and Maggie Daley Parks, and the iconic Chicago Skyline! Outer Drive East is a full-amenity luxury condo building with a 10,000 sq. ft. state-of-the-art fitness and recreational spa. The 400 Fitness and Spa offers a sunny indoor swimming pool, basketball, racquetball, free weights, machine weights, many various cardio equipment, a library, massage therapy, a child's playroom, and a new function room with a 100" screen and open kitchen and adjacent Zoom compatible conference room. Outdoor amenities include extensive sun decks and communal grills. The Outer Drive East building has a package delivery to unit option, three-car wash stalls, and three bike rooms. The building has social groups and activities. Monthly assessments include heat, a/c, gas, cable, internet, health club, and pool. Outer Drive East is situated in the vibrant New Eastside neighborhood with restaurants, parks, grocery stores, and much more. Easy walking distance to Michigan Avenue and the Loop. Easy access to public transportation and expressways. Chicago's "New Eastside" neighborhood is an oasis amidst the hustle and bustle of the downtown Chicago Loop. Cul-de-sac neighborhood with minimal through traffic.

Last Agent to Sell the Property

Madeline Heller

RE/MAX Properties Northwest License #475136061 Listed on: 08/04/2023

RE/MAX Properties Northwest

Last Buyer's Agent

Shelley Stunard

Berkshire Hathaway HomeServices Chicago License #471012733

Berkshire Hathaway HomeServices Chicago

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,485

Year Built

  • Built in 1963

Lot Details

  • 2.05

HOA Fees

  • $761 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Multiple Garages
  • Leased Parking
  • Heated Garage
  • Garage Door Opener

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 825 Sq Ft Home
  • Living Room
  • Family or Dining Combination
  • Storage
  • Laundry Room
  • Home Gym
  • Wood Flooring

Kitchen

  • Gas Cooktop
  • Range Hood
  • Microwave
  • High End Refrigerator
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Outdoor Features

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

Overview

  • Association fees include heat, air conditioning, water, electricity, gas, insurance, security, doorman, tv/cable, clubhouse, exercise facilities, pool, exterior maintenance, lawn care, scavenger, snow removal, internet
  • 955 Units
  • Eli Gelfand Association, Phone Number (312) 321-0613
  • New Eastside Subdivision, Outer Drive East Floorplan
  • Property managed by The Habitat Company
  • Lock-and-Leave Community
  • 40-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Sundeck
  • Restaurant
  • Steam Room
  • Party Room
  • Coin Laundry
  • Elevator
  • Service Elevator
  • Package Room

Recreation

  • Bike Trail

Pet Policy

  • Pets up to 45 lbs
  • Pet Size Limit
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,485

Year Built

Built in 1963

Lot Details

0

HOA Fees

$761 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Subdivision Name: New Eastside
  • 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): No
  • Unit Floor Level: 18
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 40

Interior Features

  • Appliances: Range, Microwave, Dishwasher, High End Refrigerator, Disposal, Range Hood, Gas Cooktop
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Interior Amenities: Storage, Walk-In Closet(s), Dining Combo, Doorman, Health Facilities, Lobby
  • LivingArea: 825
  • Room Type: Balcony/Porch/Lanai
  • Stories Total: 40
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Flooring: Hardwood

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage Details: Garage Door Opener(s),Heated,Multiple Garages
  • Garage On-Site: Yes
  • Garage Ownership: Fee/Leased
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Common Area
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Size Limit
  • Association Fee: 761
  • Association Amenities: Bike Room/Bike Trails, Door Person, Coin Laundry, 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
  • Association Fee Frequency: Monthly
  • Management: Manager On-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: The Habitat Company
  • Management Contact Name: Eli Gelfand
  • Management Phone: 312-321-0613
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Air Conditioning, Water, Electricity, Gas, Insurance, Security, Doorman, TV/Cable, Clubhouse, Exercise Facilities, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Internet

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Lease Amount: 220
  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 45

Tax Info

  • Tax Annual Amount: 6484.77
  • Tax Year: 2021
  • Tax Exemptions: None

Multi Family

  • Units in Building: 955

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 20, 2001
Sold by
Sterbenz Stanley R
Bought by
Gouvis Nicholas A
Current Estimated Value
$366,500
Source: Public Records
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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
Gouvis Nicholas A $279,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/29/2023 09/29/23 Sold $405,000 -2.4% $491 / Sq Ft
08/25/2023 08/25/23 Pending -- -- --
08/04/2023 08/04/23 For Sale $415,000 -- $503 / 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
2019 $6,552 $32,610 $1,326 $31,284
2018 $6,442 $32,610 $1,326 $31,284
2017 $6,124 $28,446 $1,097 $27,349
2016 $5,697 $28,446 $1,097 $27,349
2015 $5,213 $28,446 $1,097 $27,349
2014 $4,370 $23,555 $1,010 $22,545
2013 $4,510 $24,795 $1,010 $23,785
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11851458

Midwest Real Estate Data (MRED)

APN: 17-10-400-012-1331