NOT LISTED FOR SALE

Estimated Value: $302,500

1 Bed
1 Bath
825 Sq Ft
$700/mo HOA Fee

Last Sold September 19, 2023

Last sale price $337,000 $408 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $2,585/month

27 Days on Market

Highlights

  • Balcony
  • Laundry Room
  • Combination Dining and Living Room
  • 1 Car Attached Garage
  • Central Air
  • 3-minute walk to Lakeshore East Park

About This Home

As of September 2023

Great find! Large 825 sq ft full 1 bedroom with a huge balcony overlooking pool, deck, and park. Very nice upgrades and updated everything. Large walk-in closet and a large bedroom. Brand new kitchen with white shaker cabinets grey quartz counters and stainless appliances and built-in coffee bar. New bath with quartz shower surround. Wine bar with cooler. Monthly assessments include heat, a/c, gas, cable, 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: 07/14/2023

Berkshire Hathaway HomeServices Chicago

Last Buyer's Agent

Johnpaul Salcedo

Coldwell Banker Realty License #475177562

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,825

Year Built

  • Built in 1963

Lot Details

  • 2.05

HOA Fees

  • $700 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Leased Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 825 Sq Ft Home
  • Family Room
  • Combination Dining and Living Room
  • Door Monitored By TV
  • Laundry Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom

Outdoor Features

Utilities

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

Community Details

Overview

  • Association fees include heat, air conditioning, water, gas, insurance, tv/cable, exercise facilities, pool, exterior maintenance, scavenger
  • 955 Units
  • Kiaira Association, Phone Number (312) 321-0613
  • Outer Drive East Subdivision
  • Property managed by Habitat
  • 40-Story Property

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,825

Year Built

Built in 1963

Lot Details

0

HOA Fees

$700 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Subdivision Name: Outer Drive East
  • 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: 29
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 40

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Disposal
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • LivingArea: 825
  • 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

  • ExteriorFeatures: Balcony, Door Monitored By TV
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage On-Site: Yes
  • Garage Ownership: Fee/Leased
  • Garage Type: Attached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 700
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Not Required
  • Management Company: Habitat
  • Management Contact Name: Kiaira
  • Management Phone: 312-321-0613
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Air Conditioning, Water, Gas, Insurance, TV/Cable, Exercise Facilities, Pool, Exterior Maintenance, Scavenger

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Lease Amount: 220
  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 5825.18
  • Tax Year: 2021

Multi Family

  • Units in Building: 955

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 21, 2006
Sold by
Mccann Patricia A
Bought by
West Suburban Bank
Current Estimated Value
$302,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,000
Outstanding Balance
$104,436
Interest Rate
6.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 24, 1999
Sold by
Panoske Joseph S and Panoske Carie L
Bought by
Holly Eileen M

Purchase Details

Closed on
Jul 21, 1996
Sold by
Dicke Robert L and Dicke Patricia L
Bought by
Panoske Joseph S and Panoske Carie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,200
Interest Rate
7.75%

Purchase Details

Closed on
May 23, 1994
Sold by
Small Business Administration
Bought by
Dicke Robert and Dicke Patricia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
6.62%
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
West Suburban Bank $232,000 Git
Holly Eileen M $138,000 First American Title Ins Co
Panoske Joseph S $89,000 --
Dicke Robert -- Intercounty Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open West Suburban Bank $174,000
Previous Owner Panoske Joseph S $71,200
Previous Owner Dicke Robert $30,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/19/2023 09/19/23 Sold $337,000 -4.3% $408 / Sq Ft
08/11/2023 08/11/23 Pending -- -- --
07/14/2023 07/14/23 For Sale $352,000 0.0% $427 / Sq Ft
07/27/2022 07/27/22 Rented $2,300 0.0% --
07/10/2022 07/10/22 For Rent $2,300 0.0% --
06/13/2022 06/13/22 Sold $242,000 -5.1% $293 / Sq Ft View Prior Sale
05/09/2022 05/09/22 Pending -- -- --
04/06/2022 04/06/22 For Sale $255,000 -- $309 / 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 $5,230 $26,030 $1,058 $24,972
2018 $5,142 $26,030 $1,058 $24,972
2017 $4,888 $22,707 $876 $21,831
2016 $4,548 $22,707 $876 $21,831
2015 $4,161 $22,707 $876 $21,831
2014 $3,488 $18,802 $806 $17,996
2013 $3,600 $19,792 $806 $18,986
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11832489

Midwest Real Estate Data (MRED)

APN: 17-10-400-012-1670