NOT LISTED FOR SALE

Tribune Tower Residences 435 N Michigan Ave Unit 514 Chicago, IL 60611

Magnificent Mile Neighborhood

Estimated Value: $1,085,000

2 Beds
2.5 Baths
-- Sq Ft
$1,060/mo HOA Fee

Last Sold September 18, 2023

Last sale price $1,462,500

Est. 26% decrease in value since last sale

Current estimated payment $9,018/month

74 Days on Market

Highlights

  • Doorman
  • Fitness Center
  • Wood Flooring
  • Steam Room
  • Open Floorplan
  • Community Indoor Pool

About This Home

As of September 2023

Stunning two bedrooms with a large terrace at Chicago Tribune- considered the most luxurious condominium in Chicago with 55,000 square-foot Amenities! This Beautiful 2 bedroom/2.5 bathrooms residence in one of Chicago's most iconic buildings - The Tribune Towers. This 2 bedroom residence is just absolutely stunning and features the most luxurious finishes throughout including wide plank white oak wood floors, Bavali custom millwork and cabinetry, and top of the line appliances from SubZero, Wolf and Miele. Custom upgrades exclusive to this residence include SubZero wine storage, electric window shades throughout, bidet toilets, enhanced lighting, balcony overlooking landscaped courtyard, two large adjacent storage units on 4th floor, and specially selected spacious parking space. Spa like and serene white marble master bathroom. The Tribune Towers offer Chicago's most incredible amenities which includes a Fitness center, 7th floor rooftop with an all season pool, lounging and grilling, a nearly 1/3 acre private park, an abundance of social gathering spaces including the unparalleled Crown Terrace surrounded by spectacular flying buttresses, and 24/7 staff. This residence provides a lifestyle beyond compare. Parking Space available.

Last Agent to Sell the Property

Chezi Rafaeli

Coldwell Banker Realty License #475129431 Listed on: 05/10/2023

Coldwell Banker Realty

Last Buyer's Agent

Ginger Menne

Baird & Warner License #475137402

Baird & Warner

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $26,129

Year Built

  • Built in 2021

Lot Details

  • 2.05

HOA Fees

  • $1,060 Monthly HOA Fees

Parking

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

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • Open Floorplan
  • Ceiling height of 10 feet or more
  • Entrance Foyer
  • Family Room
  • Combination Dining and Living Room
  • Storage
  • Wood Flooring
  • Home Security System

Kitchen

  • Range with Range Hood
  • Microwave
  • High End Refrigerator
  • Freezer
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

Schools

  • Ogden Elementary

Utilities

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

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
  • 162 Units
  • Tifanni Sterdivant Association, Phone Number (312) 500-0800
  • High-Rise Condominium
  • Tribune Tower Residences Subdivision
  • Property managed by FirstService Residential
  • 34-Story Property

Amenities

  • Doorman
  • Sundeck
  • Steam Room
  • Party Room
  • Elevator
  • Service Elevator
  • Package Room

Recreation

  • Park
  • Bike Trail

Pet Policy

  • Limit on the number of pets
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site
  • Carbon Monoxide Detectors
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$26,129

Year Built

Built in 2021

Lot Details

0

HOA Fees

$1,060 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)
  • Subdivision Name: Tribune Tower Residences
  • Year Built: 2021
  • Age: 1-5 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 5
  • ResoPropertyType: Residential
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 34

Interior Features

  • Appliances: Range, Microwave, Dishwasher, High End Refrigerator, Freezer, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Range Hood
  • Basement: None
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 2
  • Interior Amenities: Laundry Hook-Up in Unit, Storage, Walk-In Closet(s), Ceiling - 10 Foot, Open Floorplan
  • Other Equipment: TV-Cable, Security System, Fire Sprinklers, CO Detectors
  • Room Type: Balcony/Porch/Lanai, Foyer, Walk In Closet
  • Stories Total: 34
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Separate Shower,Double Sink,Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Flooring: Hardwood

Exterior Features

  • ExteriorFeatures: Balcony
  • List Price: 1595000
  • Waterfront: No
  • Exterior Building Type: Concrete

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage Details: Garage Door Opener(s),Heated
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit
  • Association Fee: 1060
  • Association Amenities: Bike Room/Bike Trails, Door Person, Elevator(s), Exercise Room, Storage, Health Club, On Site Manager/Engineer, Park, Party Room, Sundeck, Indoor Pool, Receiving Room, Sauna, Service Elevator(s), Steam Room
  • Association Fee Frequency: Monthly
  • Management: Manager On-site
  • Master Association Fee Frequency: Not Required
  • Management Company: FirstService Residential
  • Management Contact Name: Tifanni Sterdivant
  • Management Phone: 312-500-0800
  • 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

  • Elementary School: Ogden Elementary
  • Middle/Junior School: Ogden Elementary
  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • 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 Year: 2021

Multi Family

  • Units in Building: 162

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Buchanan Terry $1,092,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/18/2023 09/18/23 Sold $1,462,500 -8.3% --
05/31/2023 05/31/23 Price Changed $1,595,000 -8.9% --
05/18/2023 05/18/23 Price Changed $1,750,000 -12.3% --
05/10/2023 05/10/23 For Sale $1,995,000 +62.2% --
12/13/2021 12/13/21 Pending -- -- --
12/13/2021 12/13/21 For Sale $1,230,000 -8.2% --
07/07/2020 07/07/20 Sold $1,339,717 -- --
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 $26,129 $118,584 $6,405 $112,179
2023 $26,129 $127,676 $7,843 $119,833
2022 $26,129 $126,426 $7,762 $118,664
Source: Public Records

Agents Affiliated with this Home

  • Chezi Rafaeli

    Seller's Agent in 2023

    Chezi Rafaeli

    Coldwell Banker Realty

    (312) 560-7773

    28 in this area

    236 Total Sales

    Chezi Rafaeli
    Section Image
  • Ginger Menne

    Buyer's Agent in 2023

    Ginger Menne

    Baird Warner

    (312) 927-0852

    4 in this area

    58 Total Sales

    Ginger Menne
    Section Image

  • J

    Seller's Agent in 2020

    Jeanne Martini

    Golub & Company of Illinois LLC

    (312) 440-8800

    91 in this area

    92 Total Sales

    Jeanne Martini
    Section Image

  • S

    Seller Co-Listing Agent in 2020

    Shannon Giampa

    Golub & Company of Illinois LLC

  • R

    Buyer's Agent in 2020

    Rob Beaulieu

    Beaulieu Real Estate

    (773) 205-3392

    3 Total Sales

    Rob Beaulieu
    Section Image
See All Agents

About Tribune Tower Residences

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11779529

Midwest Real Estate Data (MRED)

APN: 17-10-130-023-1042

Illinois Cook County Chicago 60611 Magnificent Mile

435 N Michigan Ave Unit 514, Chicago, IL

This home is located at 435 N Michigan Ave Unit 514, Chicago, IL 60611 since 10 May 2023 and is currently priced at $1,085,000. This property was built in 2021. 435 N Michigan Ave Unit 514 is a home located in Cook County with nearby schools including Ogden Elementary School, Wells Community Academy High School, and Chicago International Charter School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked.
Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Nearby Homes