NOT LISTED FOR SALE

Estimated Value: $212,500

-- Bed
1 Bath
650 Sq Ft
$498/mo HOA Fee

Last Sold March 06, 2024

Last sale price $240,000 $369 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $1,824/month

180 Days on Market

Highlights

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

About This Home

As of March 2024

Beautiful newly renovated convertible studio. Spacious 650sf with plenty of closet space. Large open kitchen with granite counters, and stainless appliances. Wood flooring throughout. Tenant occupied through December 2023. Leased for $1900 including parking. Monthly assessments include heat, a/c, gas, cable, internet, and health club. Assigned parking is available for 220/mo per car. The building, Outer Drive East, is almost new again. So many renovations and great building finances. New windows, new 5-star resort-like health-fitness - spa, racquetball, basketball, free weights, machine weights, cardio, massage therapy, child's playroom, famous geodesic domed year-round sunny pool. Hospitality/party room, business center with resident computers and a printer, library, community BBQ grills, and a bi-level sun deck. HOA includes heat, a/c, gas, cable, cable with TiVo 6 DVR, 24/7 lobby desk, security, and door attendants. 3 bike rooms and 3 car washing stalls. Restaurant bar/grill, beauty and nail salon, and several other businesses are located on the 7th floor. Very friendly building with lots of social activities and events such as a book club, world affairs club, bingo, summer picnic, children's Halloween party, children's holiday party, and a resident holiday party, to name a few. Great Outer Drive East community in the vibrant New Eastside neighborhood. Come see the exciting "New Eastside" neighborhood. There are two fine grocery options, including Bockwinkel's Harbor Market (across the street) or a huge Mariano's grocery store with many item options for your daily shopping needs. Nestled in the New Eastside neighborhood is Lakeshore East Park. This oasis in the neighborhood's nucleus includes large grassy areas, a children's playlot, and a dog park. 30-minute free parking for showings, guests, and deliveries. The New Eastside neighborhood is bordered by the lakefront, the Chicago River, Michigan Ave, and Grant Park. The Chicago Riverwalk is alive with activities for all ages. Maggie Daley Park to the south has an enormous "dreamlike fantasy" play area, climbing walls, mini-golf, Park District activities including day camps, tennis courts, and the "Ribbon Ice Skating Rink". Easy to show. 30 Min free parking in the building.

Last Agent to Sell the Property

Shelley Stunard

Berkshire Hathaway HomeServices Chicago License #471012733 Listed on: 08/09/2023

Berkshire Hathaway HomeServices Chicago

Last Buyer's Agent

Matt Laricy

Americorp, Ltd License #471003711

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,142

Year Built

  • Built in 1963 | Remodeled in 2010

Lot Details

  • Waterfront

HOA Fees

  • $498 Monthly HOA Fees

Home Design

  • Studio

Interior Spaces

  • 1 Full Bathroom
  • 650 Sq Ft Home
  • Combination Dining and Living Room

Kitchen

  • Range
  • Microwave

Parking

  • 2 Parking Spaces
  • Leased Parking
  • Uncovered Parking
  • Visitor Parking
  • Assigned Parking
  • Unassigned Parking

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

Overview

  • Association fees include heat, air conditioning, water, gas, insurance, security, doorman, tv/cable, clubhouse, exercise facilities, pool, exterior maintenance, lawn care, scavenger, snow removal, internet
  • 955 Units
  • Kiaira Gee Association, Phone Number (312) 321-0613
  • Property managed by Habitat
  • 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

  • Pets up to 45 lbs
  • Limit on the number of pets
  • Pet Size Limit
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,142

Year Built

Built in 1963 | Remodeled in 2010

Lot Details

0

HOA Fees

$498 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Studio
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,Studio
  • 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: 23
  • Rehab Year: 2010
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 40
  • Year Renovated: 2010

Interior Features

  • Appliances: Range, Microwave, Refrigerator
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • 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: Yes
  • Exterior Building Type: Brick,Block

Garage/Parking

  • Parking Features: Assigned, Unassigned, Visitor Parking
  • ParkingTotal: 2
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Fee/Leased

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit, Size Limit
  • Association Fee: 498
  • 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, Pool, Receiving Room, Restaurant, Sauna, Security Door Lock(s), Service Elevator(s), Steam Room, Valet/Cleaner, Spa/Hot Tub, Business Center
  • Association Fee Frequency: Monthly
  • Management: Manager On-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Habitat
  • Management Contact Name: Kiaira Gee
  • Management Phone: 312-321-0613
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: Y

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 45

Tax Info

  • Tax Annual Amount: 4142.09
  • Tax Year: 2021
  • Tax Exemptions: None

Multi Family

  • Units in Building: 955

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 24, 2011
Sold by
Dec Rosenberg Tamar Shilo
Bought by
Calleros Mario and Calleros Mario A
Current Estimated Value
$212,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Outstanding Balance
$81,402
Interest Rate
4.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 22, 2005
Sold by
Rosenberg Neil and Rosenberg Tamar Shilo
Bought by
Rosenberg Tamar Shilo

Purchase Details

Closed on
Jun 21, 2005
Sold by
Sayre Christopher J
Bought by
Rosenberg Neil and Rosenberg Tamar Shilo

Purchase Details

Closed on
Apr 28, 1995
Sold by
Landry Robert W and Landry Vera K
Bought by
Milligan Carole Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,600
Interest Rate
8.43%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Calleros Mario $150,000 Fort Dearborn Land Title Llc
Rosenberg Tamar Shilo -- Ct
Rosenberg Neil $155,000 Chicago Title Insurance Comp
Milligan Carole Ann $57,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Calleros Mario $120,000
Previous Owner Milligan Carole Ann $45,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/06/2024 03/06/24 Sold $240,000 -4.0% $369 / Sq Ft
02/06/2024 02/06/24 Pending -- -- --
08/09/2023 08/09/23 For Sale $250,000 0.0% $385 / Sq Ft
07/28/2021 07/28/21 Rented -- -- --
06/29/2021 06/29/21 For Rent $1,600 +6.7% --
06/21/2021 06/21/21 Rented -- -- --
12/03/2020 12/03/20 Price Changed $1,500 -11.8% $2 / Sq Ft
06/30/2020 06/30/20 For Rent $1,700 +3.0% --
10/15/2015 10/15/15 For Rent $1,650 +10.0% --
10/15/2015 10/15/15 Rented $1,500 -- --
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 $3,815 $18,989 $772 $18,217
2018 $3,751 $18,989 $772 $18,217
2017 $3,566 $16,565 $639 $15,926
2016 $3,318 $16,565 $639 $15,926
2015 $3,035 $16,565 $639 $15,926
2014 $2,545 $13,716 $588 $13,128
2013 $2,626 $14,438 $588 $13,850
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11853570

Midwest Real Estate Data (MRED)

APN: 17-10-400-012-1468