NOT LISTED FOR SALE

Estimated Value: $1,023,000 - $1,134,000

3 Beds
3 Baths
2,200 Sq Ft
$495/Sq Ft Est. Value

Last Sold April 06, 2023

Last sale price $990,000 $450 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $8,055/month

3 Days on Market

Highlights

  • 1 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Wood Burning Fireplace
  • Laundry Room
  • Combination Dining and Living Room
  • 3-minute walk to River Esplanade Park

About This Home

As of April 2023

The best of Downtown Chicago is close to your future home at East Water Place. Living between Chicago River and Ogden Slip is the most peaceful and quiet location you can find in Streeterville, or for that matter in any of the lakefront neighborhoods. This gorgeous 3-story townhome has a gated garden entrance, three outdoor spaces including a new 900 appx square foot deck on top of the new roof with a world-class 360 degree view of the city. The attached, heated 1-car garage also has 1 additional outdoor parking pad spaces for a total of two parking spaces. Interior features include 10-11 foot ceilings, unmatched storage, full laundry room and magnificent windows of light. The chef's quality kitchen , high-end stainless steel appliances and grilling deck off the kitchen. Wood-burning fireplace. This East Water Place treasure is an oasis in the city that provides the best of urban living with privacy and a community culture.Value add: ( Land is included which means Aprox: $900 less in assessments than people who do not own land)

Last Agent to Sell the Property

Joe Schiller

@properties Christie's International Real Estate License #475133031 Listed on: 02/25/2023

@properties Christie's International Real Estate

Last Buyer's Agent

Blaze Bilic

Mark Allen Realty ERA Powered License #471005753

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $19,708

Year Built

  • Built in 1998

Lot Details

  • Lot Dimensions are 30x120

HOA Fees

  • $619 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Driveway
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,200 Sq Ft Home
  • 3-Story Property
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • Combination Dining and Living Room

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, insurance, tv/cable, exterior maintenance, lawn care, scavenger, snow removal
  • 56 Units
  • Alex Association, Phone Number (312) 335-5619
  • East Water Place Subdivision
  • Property managed by First Service Residential

Pet Policy

  • Limit on the number of pets

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$19,708

Year Built

Built in 1998

Lot Details

0

HOA Fees

$619 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: T3-Townhouse 3+ Stories
  • Ownership: Fee Simple w/ HO Assn.
  • New Construction: No
  • Property Sub-Type: T3-Townhouse 3+ Stories
  • Subdivision Name: East Water Place
  • Year Built: 1998
  • Age: 21-25 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: 1
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 3

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: None
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • LivingArea: 2200
  • Room Type: No additional rooms
  • Stories Total: 3
  • 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
  • Fireplace Location: Family Room
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • List Price: 1000000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Driveway: Concrete
  • Garage On-Site: Yes
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Number Limit
  • Association Fee: 619
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: First Service Residential
  • Management Contact Name: Alex
  • Management Phone: 312-335-5619
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: 30X120
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 300

Tax Info

  • Tax Annual Amount: 19707.8
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 56

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 17, 2024
Sold by
Rient Erica
Bought by
Erica A Rients Living Trust and Rient
Current Estimated Value
$1,089,256

Purchase Details

Listed on
Feb 25, 2023
Closed on
Apr 4, 2023
Sold by
Nair R Shankar R and Nair Katharine G
Bought by
Rients Erica
Seller's Agent
Joe Schiller
@properties Christie's International Real Estate
Buyer's Agent
Blaze Bilic
Mark Allen Realty ERA Powered
List Price
$1,000,000
Sold Price
$990,000
Premium/Discount to List
-$10,000
-1%
Views
86

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.80%
Original Mortgage
$792,000
Interest Rate
6.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 1, 2007
Sold by
Cdct Land Co Llc
Bought by
Nair R Shankar and Nair Katharine G

Purchase Details

Closed on
Jun 27, 1997
Sold by
East Water Place Lp
Bought by
Nair R Shankar and Nair Katherine G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$302,500
Interest Rate
7.75%
Source: Public Records

Range of Values:

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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
Erica A Rients Living Trust -- None Listed On Document
Rients Erica $990,000 None Listed On Document
Nair R Shankar $216,500 None Available
Nair R Shankar $328,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rients Erica $792,000
Previous Owner Nair R Shankar $302,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/06/2023 04/06/23 Sold $990,000 -1.0% $450 / Sq Ft
03/02/2023 03/02/23 For Sale $1,000,000 +1.0% $455 / Sq Ft
03/01/2023 03/01/23 Off Market $990,000 -- --
03/01/2023 03/01/23 Pending -- -- --
02/25/2023 02/25/23 For Sale $1,000,000 -- $455 / 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 $20,684 $87,000 $22,980 $64,020
2023 $20,124 $104,001 $18,533 $85,468
2022 $20,124 $104,001 $18,533 $85,468
2021 $19,708 $103,999 $18,532 $85,467
2020 $19,338 $92,391 $14,296 $78,095
2019 $18,936 $100,425 $14,296 $86,129
2018 $18,616 $100,425 $14,296 $86,129
2017 $19,673 $97,462 $12,178 $85,284
2016 $18,663 $97,462 $12,178 $85,284
2015 $17,035 $97,462 $12,178 $85,284
2014 $10,901 $63,154 $10,060 $53,094
2013 $11,377 $67,061 $10,060 $57,001
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11725939

Midwest Real Estate Data (MRED)

APN: 17-10-221-059-0000