$505,000
SOLD OCT 15, 2024
2 Beds
2 Baths
-- Sq Ft
$768/mo HOA Fee

Recently Sold

1% Above List Price

48 Days on Market

Highlights

  • Doorman
  • Open Floorplan
  • Granite Countertops
  • Fitness Center
  • Wood Flooring
  • 2-minute walk to Ward A Montgomery Park Chicago

About This Home

As of October 2024

Don't miss out on this incredible opportunity to own a 2-bedroom, 2-bathroom condo at Erie Center, situated in the vibrant heart of River North, boasting breathtaking, unobstructed skyline views! This unit is designed for seamless entertaining, featuring an open concept floor plan with expansive living and dining areas that flow effortlessly onto a private balcony. The kitchen is appointed with granite countertops, a custom tile backsplash, and a generous breakfast bar perfect for casual dining. Retreat to the spacious primary bedroom offering stunning views, TWO large walk in closets, and an ensuite bath. Second bedroom is very generous in size, perfect for guests or office space, with second full bath just down the hall. Floor-to-ceiling windows, in-unit laundry, hardwood floors, and sweeping skyline vistas from every room complete the allure of this space. Additionally, parking is available for $35k, and storage is included. The meticulously maintained building offers an array of amenities including a chic lobby, 24-hour doorman, fitness room, party room, and a common rooftop deck with panoramic views. With no rental cap, this prime River North location is within close proximity to Starbucks, CTA transportation, Larrabee dog park, shopping, top-rated restaurants, and much more. Experience the serenity of this phenomenal location - schedule your showing today! Take a 3D Tour, CLICK on the 3D BUTTON & Walk Around.

Last Agent to Sell the Property

Matt Laricy

Americorp, Ltd License #471003711 Listed on: 07/31/2024

Last Buyer's Agent

Dorothy Wulf

Wulf Properties Realty Corp License #471018706

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,719

Year Built

  • Built in 1999

HOA Fees

  • $768 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Transmitter
  • Parking Included in Price
  • Deeded Parking Sold Separately

Home Design

  • Concrete Perimeter Foundation

Interior Spaces

  • Open Floorplan
  • Family Room
  • Living Room
  • Formal Dining Room
  • Storage

Kitchen

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

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Schools

  • Ogden Elementary
  • Wells Community Academy Senior H High School

Utilities

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

Additional Features

  • Balcony
  • Additional Parcels

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include heat, air conditioning, water, insurance, doorman, tv/cable, exercise facilities, exterior maintenance, scavenger, snow removal, internet
  • 126 Units
  • Luka.Grbavac@Fsresidential.Com Association, Phone Number (312) 988-9520
  • High-Rise Condominium
  • Property managed by First Service Residential
  • 24-Story Property

Amenities

  • Doorman
  • Sundeck
  • Party Room
  • Elevator
  • 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

$8,719

Year Built

Built in 1999

Lot Details

0

HOA Fees

$768 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: 1999
  • Age: 21-25 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 12
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 24

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit, Storage, Walk-In Closet(s), Open Floorplan, Granite Counters
  • Room Type: Balcony/Porch/Lanai
  • Stories Total: 24
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Flooring: Carpet

Exterior Features

  • Foundation Details: Concrete Perimeter
  • List Price: 499999
  • Waterfront: No
  • Exterior Building Type: Glass,Concrete

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Garage Details: Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Deeded Sold Separately
  • Garage Type: Attached
  • Parking: Garage
  • Deeded Garage Cost: 35000

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 768
  • Association Amenities: Bike Room/Bike Trails, Door Person, Elevator(s), Exercise Room, Storage, Health Club, On Site Manager/Engineer, Party Room, Sundeck
  • Association Fee Frequency: Monthly
  • Management: Manager On-site,Monday through Friday
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: First Service Residential
  • Management Contact Name: Luka.Grbavac@fsresidential.com
  • Management Phone: 312-988-9520
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Elementary School: Ogden Elementary
  • High School: Wells Community Academy Senior H
  • Middle/Junior School: Ogden Elementary
  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels Description: 17091270391333
  • Additional Parcels: Yes
  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • 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: 8718.64
  • Tax Year: 2023
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 126

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2024
Closed on
Oct 11, 2024
Sold by
Mateen-Mohammed Khadir Trust and Khadir Mohammed A
Bought by
Simon Troy James and Simon Lydia Michelle
Seller's Agent
Matt Laricy
Americorp, Ltd
Buyer's Agent
Dorothy Wulf
Wulf Properties Realty Corp
List Price
$499,999
Sold Price
$505,000
Premium/Discount to List
$5,001
1%
Views
22

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.92%
Original Mortgage
$295,000
Outstanding Balance
$292,438
Interest Rate
5.63%
Mortgage Type
New Conventional
Estimated Equity
$219,612

Purchase Details

Closed on
Nov 12, 2021
Sold by
Khadir Mohammed A and Khadir Y
Bought by
Mateen-Mohammed Khadir Trust and Mateen-Mohammed Khadir Trust

Purchase Details

Closed on
Mar 5, 1999
Sold by
Erie Center Lofts Inc
Bought by
Khadir Mohammed A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
6.62%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Citywide Title
Quit Claim Deed -- None Listed On Document
Warranty Deed $253,500 Ticor Title Insurance
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $295,000 New Conventional
Previous Owner $230,000 Future Advance Clause Open End Mortgage
Previous Owner $273,000 New Conventional
Previous Owner $300,000 Unknown
Previous Owner $227,000 Unknown
Previous Owner $62,400 Unknown
Previous Owner $20,000 Credit Line Revolving
Previous Owner $168,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2025 07/15/25 For Rent $4,500 0.0% --
10/15/2024 10/15/24 Sold $505,000 +1.0% --
09/17/2024 09/17/24 Pending -- -- --
07/31/2024 07/31/24 For Sale $499,999 -- --
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 $8,508 $44,610 $4,355 $40,255
2023 $8,272 $43,640 $3,559 $40,081
2022 $8,272 $43,640 $3,559 $40,081
2021 $8,106 $43,639 $3,559 $40,080
2020 $7,777 $38,012 $2,709 $35,303
2019 $7,603 $41,271 $2,709 $38,562
2018 $7,474 $41,271 $2,709 $38,562
2017 $6,926 $35,548 $2,307 $33,241
2016 $6,620 $35,548 $2,307 $33,241
2015 $6,033 $35,548 $2,307 $33,241
2014 $5,713 $33,360 $1,444 $31,916
2013 $5,900 $35,072 $1,444 $33,628
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12125956

Midwest Real Estate Data (MRED)

APN: 17-09-127-039-1214