Seller's Agent in 2023
Suzanne Earth
Baird & Warner
(312) 919-9181
1 in this area
26 Total Sales
Gallery 400 400 W Ontario St Unit 607 Chicago, IL 60654
River North NeighborhoodEstimated Value: $395,000 - $495,000
2
Beds
2
Baths
1,100
Sq Ft
$551/mo
HOA Fee
Highlights
- Doorman
- Lock-and-Leave Community
- Stainless Steel Appliances
- Fitness Center
- Elevator
- 4-minute walk to Ward A Montgomery Park Chicago
About This Home
As of May 2023Prepare to be amazed by this 2BR/2BA "soft loft" in the best pocket of River North at pet-friendly Gallery 400! This recently renovated 6th floor condo has is all: 12 foot ceilings (both bedrooms fully enclosed), open floor plan with brand new flooring, neutral finishes, updated bathrooms, newer stainless appliances, in-unit washer/dryer, king-size bedrooms with walk-in closets and oversized private balcony. Deeded garage parking spot available on 4th floor of building (additional) but unit can be purchased without it. Gallery 400 is a phenomenal building with low assessments ($553.23 + $59.68 monthly if parking spot is purchased) with just under $600k in reserves and MAJOR improvements done in the last two years including total renovation of all common areas. The two roofs are one and three years old, respectively. You will be just 1/4 block away from Montgomery Ward Park and Dog Park on the Chicago River with tons of restaurants, bars, grocery stores, fitness studios, public transportation and more. Building proudly welcomes dogs and cats with a two pet maximum with no breed or weight restrictions. No rental cap with 30% of units currently rented with a six month minimum lease; no Airbnb allowed. The interest rates are at a four-month low so set up a showing and come see us at Gallery 400!
Last Agent to Sell the Property
Baird & Warner License #475199085 Listed on: 03/02/2023
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $6,090
Year Built
- Built in 1999
Lot Details
- 0.56
HOA Fees
- $551 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Garage Transmitter
- Garage Door Opener
- Parking Included in Price
- Deeded Parking Sold Separately
Home Design
- Block Exterior
Interior Spaces
- 1,100 Sq Ft Home
- Combination Dining and Living Room
Kitchen
- Range
- Microwave
- Freezer
- Dishwasher
- Stainless Steel Appliances
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- 2 Full Bathrooms
- Separate Shower
Laundry
- Laundry Room
- Laundry on main level
- Dryer
- Washer
Home Security
Accessible Home Design
- Accessibility Features
- No Interior Steps
- Level Entry For Accessibility
Outdoor Features
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Lake Michigan Water
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- Homeowner Tax Exemptions
Community Details
Overview
- Association fees include water, taxes, insurance, doorman, exercise facilities, exterior maintenance, lawn care, scavenger, snow removal, internet
- 117 Units
- Jennifer Association, Phone Number (312) 335-5607
- Gallery 400 Subdivision
- Property managed by FS Residential
- Lock-and-Leave Community
- 18-Story Property
Amenities
- Doorman
- Elevator
- Package Room
Recreation
- Bike Trail
Pet Policy
- Limit on the number of pets
- Dogs and Cats Allowed
Security
- Security Service
- Resident Manager or Management On Site
- Carbon Monoxide Detectors
- Fire Sprinkler System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 2, 2023
Closed on
Apr 25, 2023
Sold by
702 Tuesday Trust
Bought by
Figueroa Eduardo
Seller's Agent
Suzanne Earth
Baird & Warner
Buyer's Agent
Alberto Monarrez
Grandview Realty LLC
List Price
$350,000
Sold Price
$380,000
Premium/Discount to List
$30,000
8.57%
Views
52
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,062
Avg. Annual Appreciation
5.59%
Original Mortgage
$342,000
Outstanding Balance
$330,487
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$110,575
Purchase Details
Closed on
Dec 6, 2018
Sold by
Rutz Markus
Bought by
The 702 Tuesday Trust
Purchase Details
Closed on
Jul 3, 2007
Sold by
Klein Amy and Tobin Mary
Bought by
Rutz Markus
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,750
Interest Rate
8.45%
Mortgage Type
Stand Alone Second
Purchase Details
Closed on
Aug 22, 2003
Sold by
Lyons Harmon P
Bought by
Klein Amy and Tobin Mary
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,500
Interest Rate
4%
Mortgage Type
Unknown
Purchase Details
Closed on
Mar 7, 2000
Sold by
400 West Ontario Llc
Bought by
Lyons Harmon P
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,000
Interest Rate
7.62%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Figueroa Eduardo | $380,000 | Chicago Title | |
| The 702 Tuesday Trust | -- | Attorney | |
| Rutz Markus | $327,500 | First American Title Ins Co | |
| Rutz Markus | $327,500 | First American Title Ins Co | |
| Klein Amy | $279,500 | Chicago Title Insurance Comp | |
| Lyons Harmon P | $237,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Figueroa Eduardo | $342,000 | |
| Previous Owner | Rutz Markus | $32,750 | |
| Previous Owner | Rutz Markus | $262,000 | |
| Previous Owner | Klein Amy | $265,500 | |
| Previous Owner | Lyons Harmon P | $177,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/03/2023 05/03/23 | Sold | $380,000 | 0.0% | $345 / Sq Ft |
| 03/24/2023 03/24/23 | Pending | -- | -- | -- |
| 03/24/2023 03/24/23 | Off Market | $380,000 | -- | -- |
| 03/02/2023 03/02/23 | For Sale | $350,000 | 0.0% | $318 / Sq Ft |
| 11/09/2021 11/09/21 | Rented | -- | -- | -- |
| 10/16/2021 10/16/21 | Under Contract | -- | -- | -- |
| 10/12/2021 10/12/21 | For Rent | $2,400 | +33.3% | -- |
| 12/31/2020 12/31/20 | Rented | $1,800 | 0.0% | -- |
| 12/17/2020 12/17/20 | Under Contract | -- | -- | -- |
| 12/12/2020 12/12/20 | Price Changed | $1,800 | -13.3% | $2 / Sq Ft |
| 10/27/2020 10/27/20 | Price Changed | $2,075 | -4.6% | $2 / Sq Ft |
| 09/29/2020 09/29/20 | Price Changed | $2,175 | -3.3% | $2 / Sq Ft |
| 09/13/2020 09/13/20 | Price Changed | $2,250 | -2.2% | $2 / Sq Ft |
| 09/04/2020 09/04/20 | Price Changed | $2,300 | -8.0% | $2 / Sq Ft |
| 09/03/2020 09/03/20 | Price Changed | $2,500 | -3.7% | $2 / Sq Ft |
| 08/25/2020 08/25/20 | For Rent | $2,595 | -3.7% | -- |
| 08/14/2018 08/14/18 | Rented | $2,695 | 0.0% | -- |
| 07/25/2018 07/25/18 | Price Changed | $2,695 | -2.0% | -- |
| 07/23/2018 07/23/18 | For Rent | $2,750 | +6.0% | -- |
| 09/02/2016 09/02/16 | Rented | $2,595 | 0.0% | -- |
| 08/29/2016 08/29/16 | Off Market | $2,595 | -- | -- |
| 08/08/2016 08/08/16 | For Rent | $2,595 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2025 | $6,394 | $32,393 | $3,535 | $28,858 |
| 2024 | $6,394 | $32,393 | $3,535 | $28,858 |
| 2023 | $6,211 | $33,620 | $2,893 | $30,727 |
| 2022 | $6,211 | $33,620 | $2,893 | $30,727 |
| 2021 | $6,091 | $33,619 | $2,892 | $30,727 |
| 2020 | $5,940 | $29,768 | $2,199 | $27,569 |
| 2019 | $5,673 | $31,667 | $2,199 | $29,468 |
| 2018 | $5,577 | $31,667 | $2,199 | $29,468 |
| 2017 | $4,881 | $26,048 | $1,873 | $24,175 |
| 2016 | $4,717 | $26,048 | $1,873 | $24,175 |
| 2015 | $4,292 | $26,048 | $1,873 | $24,175 |
| 2014 | $3,898 | $23,575 | $1,172 | $22,403 |
| 2013 | $3,809 | $23,575 | $1,172 | $22,403 |
Source: Public Records
Agents Affiliated with this Home
-
Suzanne Earth
-
Alberto Monarrez
Buyer's Agent in 2023
Alberto Monarrez
Grandview Realty LLC
(773) 742-6728
1 in this area
37 Total Sales
-
Y
Seller's Agent in 2021
Yassine Taib
Pearson Realty Group
-
Monica Balder
Buyer's Agent in 2021
Monica Balder
Baird Warner
(847) 800-7350
2 in this area
67 Total Sales
-
C
Seller's Agent in 2018
Christopher Carlson
Redfin Corporation
-
Brooke Lindholm
Buyer's Agent in 2018
Brooke Lindholm
@ Properties
(650) 704-9305
1 in this area
14 Total Sales
About Gallery 400
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11728812
APN: 17-09-127-036-1021
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