NOT LISTED FOR SALE

Estimated Value: $375,000 - $433,000

1 Bed
1 Bath
850 Sq Ft
$625/mo HOA Fee

Last Sold June 17, 2024

Last sale price $410,000 $482 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $3,256/month

12 Days on Market

Highlights

  • Wood Flooring
  • Balcony
  • Walk-In Closet
  • Stainless Steel Appliances
  • 1 Car Attached Garage
  • 4-minute walk to Lakeshore East Park

About This Home

As of June 2024

Rarely available high floor one-bedroom unit at The Regatta, located on the southwest corner offering stunning views of the river, city architecture, and an abundance of natural light. This corner condo features an open living and dining space, a kitchen equipped with stainless steel appliances, granite countertops, and a breakfast bar. Enjoy the convenience of an in-unit washer/dryer, new wide plank hardwood floors, smart thermostat, and electronic window treatments throughout. The bedroom includes a walk-in closet, while the bathroom showcases a new vanity and medicine cabinet. Additional features include a wide coat closet and a balcony with wrap-around views. An extra-large parking space is available for purchase at $45,000. The Regatta's amenities exceed expectations with over 5,000 square feet of luxury offerings, including a grand party room, recreation room, game room, Pilates studio, a 2,000 square foot fitness center with impressive views of Navy Pier, a business center, library, pool, hot tub, 24-hour door staff, onsite manager, and an indoor children's playroom. Situated in Chicago's newest neighborhood, this property provides the convenience of walking distance to the city's top attractions while maintaining a peaceful, gated community atmosphere.

Last Agent to Sell the Property

Ginger Menne

Baird & Warner License #475137402 Listed on: 04/10/2024

Baird & Warner

Last Buyer's Agent

Grigory Pekarsky

Vesta Preferred LLC License #471002400

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,244

Year Built

  • Built in 2007

Lot Details

  • 0.84

HOA Fees

  • $625 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Included in Price

Interior Spaces

  • 850 Sq Ft Home
  • Window Treatments
  • Family Room
  • Living Room
  • Dining Room
  • Storage
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Lake Michigan Water
  • Cable TV Available

Additional Features

  • Additional Parcels

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include heat, air conditioning, water, gas, insurance, doorman, tv/cable, exercise facilities, pool, exterior maintenance, lawn care, scavenger, snow removal, internet
  • 324 Units
  • Paul Mierzwa Association, Phone Number (312) 819-1754
  • High-Rise Condominium
  • Property managed by Sudler
  • 44-Story Property

Pet Policy

  • Pet Deposit Required
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,244

Year Built

Built in 2007

Lot Details

0

HOA Fees

$625 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,High Rise (7+ Stories)
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,High Rise (7+ Stories)
  • Year Built: 2007
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 27
  • Special Service Area Fee: 300
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 44

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Interior Amenities: Elevator, Hardwood Floors, Laundry Hook-Up in Unit, Storage, Walk-In Closet(s)
  • LivingArea: 850
  • Other Equipment: TV-Cable
  • Room Type: No additional rooms
  • Stories Total: 44
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Window Features: Window Treatments
  • Flooring: Hardwood
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Balcony
  • List Price: 385000
  • Waterfront: No
  • Exterior Building Type: Brick,Glass,Concrete

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: N/A
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Deposit Required, Dogs OK
  • Association Fee: 625
  • Association Fee Frequency: Monthly
  • Management: Manager On-site,Monday through Friday
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Sudler
  • Management Contact Name: Paul Mierzwa
  • Management Phone: 312-819-1754
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels Description: 17104000351434
  • Additional Parcels: Yes
  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 6244.45
  • Tax Year: 2022
  • Tax Exemptions: Homeowner,Senior

Multi Family

  • Units in Building: 324

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2024
Closed on
Jun 4, 2024
Sold by
Gallagher Daniel J and Gallagher Jane M
Bought by
Padula Richard
Seller's Agent
Ginger Menne
Baird & Warner
Buyer's Agent
Grigory Pekarsky
Vesta Preferred LLC
List Price
$385,000
Sold Price
$410,000
Premium/Discount to List
$25,000
6.49%
Views
44
Current Estimated Value
$400,870

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,130
Avg. Annual Appreciation
-4.81%

Purchase Details

Closed on
Apr 4, 2017
Sold by
Gallagher Daniel J and Gallagher Jane M
Bought by
Gallagher Daniel J and Gallagher Jane M

Purchase Details

Listed on
Jul 26, 2016
Closed on
Nov 26, 2016
Sold by
Haddadan Kayvan D
Bought by
Gallagher Daniel J and Gallagher Jane M
Seller's Agent
Houry Rezaie
RE/MAX of Naperville
Buyer's Agent
Mark Baetzel
@properties Christie's International Real Estate
List Price
$459,888
Sold Price
$436,000
Premium/Discount to List
-$23,888
-5.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.39%
Original Mortgage
$150,000
Interest Rate
2.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 16, 2007
Sold by
Regatta Llc
Bought by
Haddadan Kayvan D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,200
Interest Rate
7.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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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
Padula Richard $410,000 None Listed On Document
Gallagher Daniel J -- None Available
Gallagher Daniel J $436,000 None Available
Haddadan Kayvan D $358,000 Near North National Title
Haddadan Kayvan D $358,000 Near North National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gallagher Daniel J $150,000
Previous Owner Haddadan Kayvan D $287,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2024 06/17/24 Sold $410,000 +6.5% $482 / Sq Ft
04/23/2024 04/23/24 Pending -- -- --
04/10/2024 04/10/24 For Sale $385,000 -11.7% $453 / Sq Ft
12/09/2016 12/09/16 Sold $436,000 -2.7% $513 / Sq Ft
10/25/2016 10/25/16 Pending -- -- --
09/27/2016 09/27/16 Price Changed $448,000 -0.1% $527 / Sq Ft
09/20/2016 09/20/16 Price Changed $448,250 -0.1% $527 / Sq Ft
09/06/2016 09/06/16 Price Changed $448,500 -0.1% $528 / Sq Ft
08/31/2016 08/31/16 Price Changed $448,750 -0.1% $528 / Sq Ft
08/10/2016 08/10/16 Price Changed $449,000 -10.0% $528 / Sq Ft
08/10/2016 08/10/16 Price Changed $499,000 +8.5% $587 / Sq Ft
07/26/2016 07/26/16 For Sale $459,888 -- $541 / 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
2024 $5,956 $33,442 $1,299 $32,143
2023 $5,768 $34,200 $1,047 $33,153
2022 $5,768 $34,200 $1,047 $33,153
2021 $5,671 $34,198 $1,046 $33,152
2020 $5,791 $31,579 $948 $30,631
2019 $5,672 $34,405 $948 $33,457
2018 $5,575 $34,405 $948 $33,457
2017 $5,923 $27,514 $785 $26,729
2016 $5,511 $27,514 $785 $26,729
2015 $5,042 $27,514 $785 $26,729
2014 $4,676 $25,201 $722 $24,479
2013 $4,583 $25,201 $722 $24,479
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12026058

Midwest Real Estate Data (MRED)

APN: 17-10-400-035-1239