NOT LISTED FOR SALE

Estimated Value: $357,000 - $414,295

2 Beds
2 Baths
1,420 Sq Ft
$1,105/ mo HOA Fee

Last Sold May 06, 2024

Last sale price $420,000 $296 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $3,691/month

105 Days on Market

Highlights

  • Doorman
  • Waterfront
  • Community Pool
  • Fitness Center
  • End Unit
  • Party Room

About This Home

As of May 2024

STUNNING VIEWS!!! Rarely available northeast facing home with expansive views of Lake Michigan, Montrose Harbor, LSD, and the park!!! This corner unit has a completely open floor plan and unobstructed from every window! Sunny and spacious split 2 bed/2 bath with lovely balcony perfect for grilling, chilling and entertaining! Freshly painted unit boasts new glass closet doors throughout, natural hardwood Brazilian cherry floors, SS appliances, stone bathrooms and tons of in-unit storage. Imperial Towers has every luxury amenity imaginable! Olympic sized outdoor swimming pool with massive sundeck, kiddie pool, multiple gas grills, and shady relaxation pergola area. Onsite cleaners, commissary/ liquor store, bakery, 24 hr doormen, exercise room, party room, guest suites, rental & guest parking, M-F management office and engineering staff. Aluminum windows replaced in both towers within last 10-12 years. Lovely turnkey property...move right in! Easy bus transportation right out front. Welcome home!!!

Last Agent to Sell the Property

Jeanne Carava

@properties Christie's International Real Estate License #475120521 Listed on: 11/09/2023

@properties Christie's International Real Estate

Last Buyer's Agent

Susan Lawrence

@properties Christie's International Real Estate License #471012726

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,129

Year Built

  • Built in 1963 | Remodeled in 2010

Lot Details

  • Waterfront
  • End Unit

HOA Fees

  • $1,105 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Leased Parking
  • Heated Garage

Home Design

  • Concrete Block And Stucco Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,420 Sq Ft Home
  • Entrance Foyer
  • Combination Dining and Living Room
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Outdoor Features

Utilities

  • 3+ Cooling Systems Mounted To A Wall/Window
  • Heating System Uses Steam
  • Lake Michigan Water
  • Cable TV Available

Community Details

Overview

  • Association fees include heat, water, insurance, doorman, tv/cable, exercise facilities, exterior maintenance, lawn care, scavenger, snow removal
  • 864 Units
  • Shami Association, Phone Number (773) 929-3770
  • Property managed by Imperial Tower
  • 26-Story Property

Amenities

  • Doorman
  • Common Area
  • Party Room
  • Coin Laundry
  • Elevator
  • Package Room
  • Convenience Store
  • Community Storage Space

Recreation

  • Bike Trail

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,129

Year Built

Built in 1963 | Remodeled in 2010

Lot Details

3.05 Acres

HOA Fees

$1,105 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
  • 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: 22
  • Rehab Year: 2010
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 26
  • Year Renovated: 2010

Interior Features

  • Appliances: Range, Refrigerator
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • LivingArea: 1420
  • Other Equipment: TV-Cable
  • Room Type: Balcony/Porch/Lanai, Foyer
  • Stories Total: 26
  • 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: Other

Exterior Features

  • ExteriorFeatures: Balcony, End Unit
  • Foundation Details: Concrete Perimeter
  • Lot Features: Common Grounds
  • Waterfront: Yes
  • Exterior Building Type: Concrete

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Driveway: Asphalt,Circular
  • Garage Details: Heated
  • Garage On-Site: Yes
  • Garage Ownership: Fee/Leased
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Sewer-Storm
  • Cooling: Window/Wall Units - 3+
  • Heating: Steam
  • Laundry Features: Common Area
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 1105
  • Association Amenities: Bike Room/Bike Trails, Door Person, Coin Laundry, Commissary, Elevator(s), Exercise Room, Storage, On Site Manager/Engineer, Party Room, Pool, Receiving Room
  • Association Fee Frequency: Monthly
  • Management: Manager On-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Imperial Tower
  • Management Contact Name: Shami
  • Management Phone: 773-929-3770
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: Y

Rental Info

  • Lease Amount: 335
  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 6129.1
  • Tax Year: 2022
  • Tax Exemptions: None

Multi Family

  • Units in Building: 864

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2023
Closed on
Apr 26, 2024
Sold by
Cornelison James D
Bought by
Lehman-Cords Joint Trust and Cordts
Seller's Agent
Jeanne Carava
@properties Christie's International Real Estate
Buyer's Agent
Susan Lawrence
@properties Christie's International Real Estate
List Price
$429,000
Sold Price
$420,000
Premium/Discount to List
-$9,000
-2.1%
Views
85
Current Estimated Value
$392,074

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$27,926
Avg. Annual Appreciation
-3.61%

Purchase Details

Closed on
Jul 4, 2017
Sold by
Lehr Jeffrey G and Manalili Alexander R
Bought by
Cornelison James D

Purchase Details

Closed on
May 27, 2010
Sold by
Becker Robert J and Becker Robert
Bought by
Lehr Jeffrey G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,375
Interest Rate
5.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 19, 2007
Sold by
Meltzer Edwin
Bought by
Becker Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,500
Interest Rate
6.33%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 15, 1998
Sold by
Cole Taylor Bank
Bought by
Meltzer Phil C and Meltzer Harld
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
Lehman-Cords Joint Trust $420,000 Fidelity National Title
Cornelison James D $322,500 Attorneys Title Guaranty Fun
Lehr Jeffrey G $328,500 None Available
Becker Robert $290,000 Republic Title Company
Meltzer Phil C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lehr Jeffrey G $246,375
Previous Owner Becker Robert $217,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/06/2024 05/06/24 Sold $420,000 -1.2% $296 / Sq Ft
02/23/2024 02/23/24 Pending -- -- --
12/08/2023 12/08/23 Price Changed $425,000 -0.9% $299 / Sq Ft
11/09/2023 11/09/23 For Sale $429,000 -- $302 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $6,287 $30,404 $2,125 $28,279
2024 $6,287 $30,404 $2,125 $28,279
2023 $6,129 $29,800 $1,961 $27,839
2022 $6,129 $29,800 $1,961 $27,839
2021 $5,992 $29,799 $1,961 $27,838
2020 $5,320 $23,880 $1,187 $22,693
2019 $5,288 $26,319 $1,187 $25,132
2018 $5,199 $26,319 $1,187 $25,132
2017 $4,417 $20,517 $1,044 $19,473
2016 $4,109 $20,517 $1,044 $19,473
2015 $3,760 $20,517 $1,044 $19,473
2014 $3,922 $21,138 $807 $20,331
2013 $3,844 $21,138 $807 $20,331
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11927530

Midwest Real Estate Data (MRED)

APN: 14-16-301-041-1020

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