NOT LISTED FOR SALE

408 E North Water St Unit B Chicago, IL 60611

Streeterville Neighborhood

Estimated Value: $1,653,000 - $1,743,784

4 Beds
4 Baths
3,450 Sq Ft
$494/Sq Ft Est. Value

Sale Details

Date Sold: January 31, 2020

Last sale price $1,160,000 $336 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $11,490 / mo

120 Days on Market

Highlights

  • Whirlpool Bathtub
  • On-Site Manager or Management
  • 2-minute walk to River Esplanade Park
  • Attached Garage

About This Home

As of January 2020

Welcome home to this luxurious 4-story oasis right on the river.The first level was thoughtfully renovated to have the water views draw you in from the gracious foyer into the large family room complete with full bthrm,custom wetbar,& door that leads into the private yard space with new paver patio and Ogden slip/riverwalk views.The main level features 11' ceilings,recently remodeled Chef's kitchen,built-in office nook,grilling deck,1/2 bthrm,formal dining area w/WBFP,& informal dining nook off of the elegant living room with dramatic views to maximize the views.Traverse up the custom molding stairs to the sleeping level with three bedrooms and two baths.The king-sized master bedroom is complete with two customized walk-in closets and 5-piece marble bath.The second and third bedroom benefit from water views and one was designed to ensuite with the 2nd bathroom by French doors. The top level features a bar area and huge roofdeck! Crown molding/hardwood floors throughout & 2-car parking!

Last Agent to Sell the Property

Kyle Jamicich

Compass License #475117764 Listed on: 09/03/2019

Compass

Last Buyer's Agent

Sara Wilburn

@properties Christie's International Real Estate License #475160744

@properties Christie's International Real Estate

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Townhouse Details

Home Type

  • Townhome

Year Built | Renovated

  • 1994 | 2015

Lot Details

  • 1,568

HOA Fees

  • $420 per month

Parking

  • Attached Garage
  • Driveway
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Community Details

Pet Policy

  • Pets Allowed

Additional Features

  • 56 Units
  • On-Site Manager or Management

Townhouse Details

Home Type

Townhome

Year Built | Renovated

1994 | 2015

Lot Details

1,568 Sq Ft Lot

HOA Fees

$420 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • Property Type: Residential
  • Type Attached: T3-Townhouse 3+ Stories
  • Property Sub Type: T3-Townhouse 3+ Stories
  • Age: 26-30 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 1
  • Rehab Year: 2015
  • Directions: EAST ON OHIO TO MCCLURG GO TO EAST NORTH WTR
  • Lot Size: 21X75
  • New Construction: No
  • Ownership: Fee Simple w/ HO Assn.
  • Actual Status: Closed
  • Special Features: None
  • Year Built: 1994
  • Year Renovated: 2015

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Has Basement: None
  • Fireplace Features: Wood Burning, Gas Starter
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Whirlpool,Separate Shower,Double Sink,Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Fireplace Location: Other
  • Total Sq Ft: 0
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, First Floor Bedroom, Laundry Hook-Up in Unit
  • Dining Room Type: Balcony/Porch/Lanai, Deck, Foyer
  • Stories: 4

Exterior Features

  • Roof: Rubber
  • Exterior Features: Balcony, Deck, Roof Deck, Storms/Screens, End Unit, Balcony
  • Exterior Building Type: Brick
  • Waterfront: Yes

Garage/Parking

  • Number of Cars: 2
  • Driveway: Concrete
  • Garage On-Site: Yes
  • Garage Type: Attached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned
  • Garage Spaces: 1
  • Total Parking Spaces: 1

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Electric: Circuit Breakers
  • Sewer: Other
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: .
  • Management Contact Name: .
  • Management Phone: 000-000-0000
  • Association Fee: 420
  • Association Fee Frequency: Monthly
  • Pets Allowed: Cats OK, Dogs OK

Fee Information

  • Association Fee Includes: Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Schools

  • Junior High Dist: 299

Lot Info

  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Multi Family

  • Units in Building: 56

Tax Info

  • Tax Annual Amount: 23628.45
  • Tax Year: 2017

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 4, 2023
Sold by
Reichsfeld Richard and Reichsfeld Jelena
Bought by
Current Estimated Value
$1,611,190

Purchase Details

Listed on
Sep 3, 2019
Closed on
Jan 23, 2020
Sold by
Hinman David J and Hinman Carol D
Bought by
Richard Rechsfeld and Richard Jelena Kovacevic
Seller's Agent
Kyle Jamicich
Compass
Buyer's Agent
Sara Wilburn
@properties Christie's International Real Estate
List Price
$1,295,000
Sold Price
$1,160,000
Premium/Discount to List
-$135,000
-10.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.98%
Original Mortgage
$1,000,000
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 11, 2014
Closed on
Nov 4, 2014
Sold by
Henry Albert
Bought by
Hinman David J and Hinman Carol D
Seller's Agent
Nicholas Colagiovanni
Baird & Warner
Buyer's Agent
Kyle Jamicich
Compass
List Price
$1,175,000
Sold Price
$1,100,000
Premium/Discount to List
-$75,000
-6.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.02%
Original Mortgage
$880,000
Interest Rate
2%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 24, 2013
Sold by
Gibbs Charles F
Bought by
Henry Albert

Purchase Details

Closed on
Jul 18, 2006
Sold by
Majumdar Amalendu and Majumdar Purabi
Bought by
Henry Irene
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Streeterville, IL

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
Richard Rechsfeld $1,160,000 Fidelity National Title
Hinman David J $1,100,000 None Available
Henry Albert -- None Available
Henry Irene $1,000,000 First American Title Ins Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $1,000,000
Previous Owner Hinman David J $880,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/31/2020 01/31/20 Sold $1,160,000 -7.2% $336 / Sq Ft
01/01/2020 01/01/20 Pending -- -- --
10/08/2019 10/08/19 Price Changed $1,250,000 -3.5% $362 / Sq Ft
09/03/2019 09/03/19 For Sale $1,295,000 -- $375 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $26,163 $130,000 $34,329 $95,671
2024 $26,163 $130,000 $34,329 $95,671
2023 $25,505 $124,000 $27,685 $96,315
2022 $25,505 $124,000 $27,685 $96,315
2021 $24,935 $124,000 $27,685 $96,315
2020 $25,841 $116,000 $21,357 $94,643
2019 $26,587 $132,329 $21,357 $110,972
2018 $26,139 $132,329 $21,357 $110,972
2017 $23,628 $109,762 $18,193 $91,569
2016 $21,984 $109,762 $18,193 $91,569
2015 $20,113 $109,762 $18,193 $91,569
2014 $15,317 $82,556 $15,029 $67,527
2013 $15,015 $82,556 $15,029 $67,527
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10504989

Midwest Real Estate Data (MRED)

APN: 17-10-221-024-0000

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