NOT LISTED FOR SALE

451 E Grand Ave Unit 4501 Chicago, IL 60611

Streeterville Neighborhood

Estimated Value: $538,000 - $3,034,000

3 Beds
3.5 Baths
3,080 Sq Ft
$2,424/mo HOA Fee

Last Sold March 08, 2022

Last sale price $2,975,000 $966 Per Sq Ft

Est. 14% decrease in value since last sale

Current estimated payment $21,152/month

4 Days on Market

Highlights

  • Doorman
  • LEED For Homes Silver Status
  • Lock-and-Leave Community
  • Fitness Center
  • Landscaped Professionally
  • 1-minute walk to Bennet park

About This Home

As of March 2022

Only Tier 01 unit available at prestigious One Bennett Park, developed by Related and designed by world-renowned Robert A.M. Stern Architects (RAMSA). The 01 Residence is one of the buildings most desirable floor plans with separate living and family room and stunning views of the lake, city and adjacent Bennett Park. The RAMSA designed interiors feature a spacious formal entry foyer with herringbone white oak flooring, gorgeous kitchen with quartzite counters, Sub Zero / Wolf appliances, 10' ceilings, beautiful trim detail, a huge living & dining room with fireplace as well as a separate family room adjacent to the kitchen. Residence 4501 smart home features include sleek Lutron motorized shades, Lutron lighting system and zoned heating/cooling with Nest thermostats for ultimate comfort. Generous storage with built-in closets throughout including full size laundry room. All 3BRs are en-suite. Primary bathroom features polished marble, custom vanity, heated floors and free-standing soaking tub overlooking the city and the lake. The amenity program at One Bennett Park has it all from the 41st floor owner's lounge to the indoor/outdoor pools, incredible outdoor terraces, world-class fitness center and more. Best in class service with 24-hour concierge and valet service. Parking available.

Last Agent to Sell the Property

Gwen Farinella

Jameson Sotheby's Intl Realty License #475123251 Listed on: 01/18/2022

Jameson Sotheby's Intl Realty

Co-Listed By

Brad Brondyke

Jameson Sotheby's Intl Realty License #471021771

Last Buyer's Agent

Lynn Weekley

@properties Christie's International Real Estate License #475112334

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $76,946

Year Built

  • Built in 2019

Lot Details

  • Dog Run
  • Landscaped Professionally
  • Drought Tolerant Landscaping
  • Additional Parcels

HOA Fees

  • $2,424 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Heated Garage
  • Deeded Parking Sold Separately

Home Design

  • Reinforced Caisson Foundation

Interior Spaces

  • 3,080 Sq Ft Home
  • Gas Log Fireplace
  • Entrance Foyer
  • Family Room
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Wood Flooring

Kitchen

  • Double Oven
  • Microwave
  • High End Refrigerator
  • Freezer
  • Dishwasher
  • Wine Refrigerator
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Laundry in unit
  • Dryer
  • Washer
  • Sink Near Laundry

Eco-Friendly Details

  • LEED For Homes Silver Status
  • Irrigation System Uses Rainwater From Ponds

Outdoor Features

  • Fire Pit
  • Outdoor Grill

Location

  • Property is near a park

Schools

  • Ogden Elementary School

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Lake Michigan Water

Community Details

Overview

  • Association fees include heat, air conditioning, water, gas, parking, insurance, doorman, exercise facilities, pool, exterior maintenance, lawn care, scavenger
  • 69 Units
  • Related Management Association, Phone Number (312) 525-8691
  • Property managed by Related Management
  • Lock-and-Leave Community
  • 70-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Sundeck
  • Party Room
  • Elevator
  • Service Elevator
  • Package Room
  • Community Storage Space

Recreation

  • Fitness Center
  • Community Indoor Pool
  • Park
  • Bike Trail

Pet Policy

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

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$76,946

Year Built

Built in 2019

Lot Details

0

HOA Fees

$2,424 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 2019
  • Age: 1-5 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: Non-Smoking Building
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 45
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 70

Interior Features

  • Appliances: Double Oven, Microwave, Dishwasher, High End Refrigerator, Freezer, Washer, Dryer, Disposal, Wine Refrigerator
  • Basement: None
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit, Walk-In Closet(s)
  • LivingArea: 3080
  • Room Type: Foyer
  • Stories Total: 70
  • 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
  • Fireplace Location: Living Room
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Dog Run, Outdoor Grill, Fire Pit
  • Foundation Details: Reinforced Caisson
  • List Price: 2995000
  • Lot Features: Landscaped, Park Adjacent
  • Waterfront: No
  • Exterior Building Type: Marble/Granite,Concrete,Limestone

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage Details: Heated
  • Garage On-Site: Yes
  • Garage Ownership: Deeded Sold Separately
  • Garage Type: Attached
  • Parking: Garage
  • Deeded Garage Cost: 75000

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit
  • Association Fee: 2424
  • 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, Pool, Receiving Room, Security Door Lock(s), Service Elevator(s), Valet/Cleaner
  • Association Fee Frequency: Monthly
  • Management: Developer Controls,Manager On-site,Monday through Friday
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Related Management
  • Management Contact Name: Related Management
  • Management Phone: 312-525-8691
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Air Conditioning, Water, Gas, Parking, Insurance, Doorman, Exercise Facilities, Pool, Exterior Maintenance, Lawn Care, Scavenger

Schools

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

Lot Info

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

Green Features

  • Green Building Verification Type: LEED-H Silver
  • GreenEnergyEfficient: Native/drought resistant landscaping, Rainwater collection system

Rental Info

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

Tax Info

  • Tax Annual Amount: 76946.3
  • Tax Year: 2020

Multi Family

  • Units in Building: 69

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2022
Closed on
Mar 10, 2022
Sold by
Bailey Brandon Little and The Brandon Little Bailey Trust
Bought by
Chicago Title Land Trust Co
Seller's Agent
Gwen Farinella
Jameson Sotheby's Intl Realty
Buyer's Agent
Lynn Weekley
@properties Christie's International Real Estate
List Price
$2,995,000
Sold Price
$2,975,000
Premium/Discount to List
-$20,000
-0.67%
Current Estimated Value
$2,561,662

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$413,338
Avg. Annual Appreciation
-4.11%

Purchase Details

Listed on
Jan 18, 2022
Closed on
Feb 14, 2022
Sold by
Bailey Brandon Little and The Brandon Little Bailey Trust
Bought by
Chicago Title Land Trust Co
Seller's Agent
Gwen Farinella
Jameson Sotheby's Intl Realty
Buyer's Agent
Lynn Weekley
@properties Christie's International Real Estate
List Price
$2,995,000
Sold Price
$2,975,000
Premium/Discount to List
-$20,000
-0.67%
Source: Public Records

Range of Values:

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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
Chicago Title Land Trust Co -- --
Chicago Title Land Trust Co -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chicago Title Land Trust Compa $2,082,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2022 03/08/22 Sold $2,975,000 -0.7% $966 / Sq Ft
01/23/2022 01/23/22 Pending -- -- --
01/18/2022 01/18/22 For Sale $2,995,000 -7.1% $972 / Sq Ft
05/08/2019 05/08/19 Sold $3,225,000 0.0% $1,047 / Sq Ft
06/08/2017 06/08/17 Pending -- -- --
06/08/2017 06/08/17 For Sale $3,225,000 -- $1,047 / 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 $57,234 $274,612 $36,112 $238,500
2023 $60,407 $271,267 $29,116 $242,151
2022 $60,407 $297,111 $29,115 $267,996
2021 $62,155 $312,418 $29,115 $283,303
2020 $70,995 $318,691 $6,982 $311,709
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11306313

Midwest Real Estate Data (MRED)

APN: 17-10-218-015-1015