NOT LISTED FOR SALE

451 E Grand Ave Unit 4702 Chicago, IL 60611

Streeterville Neighborhood

Estimated Value: $1,688,932 - $2,517,000

3 Beds
2.5 Baths
2,121 Sq Ft
125,583 Sq Ft Lot

Sale Details

Date Sold: August 2, 2024

Last sale price $1,890,000 $891 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $13,431 / mo

13 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 August 2024

Welcome to sheer luxury at 4702, a meticulously designed 3-bedroom, 2.1-bath dream home perched on the 47th floor of Chicago's coveted, amenity-rich condominium, One Bennett Park. This architectural gem, conceived by the illustrious Robert A. M. Stern, offers breathtaking views of Lake Michigan and the iconic city skyline. The building is nestled alongside a lush 1.7-acre private park, a masterpiece by celebrated landscape architect Michael Van Valkenburgh, known for creating iconic urban spaces like Maggie Daley Park and The 606. Step inside to find a thoughtfully appointed residence featuring timeless design elements and a gracious open layout, ideal for both comfortable living and sophisticated entertaining. Exquisite 4702, a high-floor haven bathed in natural light, boasts oversized windows facing north and east, framing stunning vistas of the lake and cityscape. An elegant foyer greets your arrival, leading to a grand living space adorned with impeccable interiors. Indulge in airy 10-foot ceilings, white oak hardwood floors, custom-painted wood crown, base, and sills, solid core 3-panel doors, LED recessed lighting with dimmers, and other refined finishes throughout. The formal living and dining rooms provide a magnificent backdrop for hosting guests against the breathtaking panoramas of Lake Michigan. The top-of-the-line chef's kitchen is styled with custom millwork cabinetry by Plain & Fancy, Perla Venato stone countertops and backsplash, fixtures by Kallista, and premium built-in appliances by Wolf and Sub-Zero. The divine corner primary suite pampers with stunning views and a spa-inspired Statuario marble bath, complemented by radiant heated floors, Kallista polished nickel fixtures, a walk-in shower, and a soothing soaking tub. Additional highlights include motorized shades, automated lighting, whole-home audio/visual, and zoned heating/cooling controlled by Nest thermostats. Unparalleled luxury services and five-star amenities include a private limestone and granite motor court, a magnificent lobby, 24/7 door staff, concierge and valet services, a bar, billiards room, and a fitness/wellness studio curated by Jay Wright of The Wright Fit. Enjoy indoor and outdoor saltwater pools, a full-service spa and salon, a Pilates studio, and state-of-the-art equipment. One Bennett Park is steps away from the beaches and activities of Lake Michigan and the Riverwalk, and a short stroll from the Magnificent Mile and Loop. The prime address is also close to multiple parks, chic fashion and retail establishments, museums and performance venues, upscale restaurants, and just steps away from Navy Pier, Chicago's lakefront treasure. Garage parking space available for purchase at $75K, with option for valet or self-parking. This is not just a home-it's a lifestyle, a statement, a sanctuary.

Last Agent to Sell the Property

Rafael Murillo

Compass License #475169040 Listed on: 06/26/2024

Compass

Last Buyer's Agent

Alexandre Stoykov

Compass License #471003645

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $43,849

Year Built

  • Built in 2019

Lot Details

  • Landscaped Professionally
  • Drought Tolerant Landscaping
  • Additional Parcels

HOA Fees

  • $2,242 Monthly HOA Fees

Parking

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

Home Design

  • Reinforced Caisson Foundation

Interior Spaces

  • 2,121 Sq Ft Home
  • Blinds
  • Family Room
  • Combination Dining and Living Room
  • Storage
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • High End Refrigerator
  • Dishwasher
  • Wine Refrigerator
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Eco-Friendly Details

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

Schools

  • Ogden Elementary
  • Wells Community Academy Senior H High School

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include heat, air conditioning, water, gas, insurance, security, doorman, exercise facilities, pool, exterior maintenance, lawn care, scavenger, snow removal
  • 69 Units
  • Pbasic@Related.Com Association
  • High-Rise Community
  • 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

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$43,849

Year Built

Built in 2019

Lot Details

2.88 Acres

HOA Fees

$2,242 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: 2019
  • Age: 1-5 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train,Interstate Access,Non-Smoking Building
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 47
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 70

Interior Features

  • Appliances: Range, Microwave, Dishwasher, High End Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Wine Refrigerator
  • Basement: None
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit, Storage, Walk-In Closet(s)
  • LivingArea: 2121
  • Room Type: No additional rooms
  • 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
  • Window Features: Blinds
  • Flooring: Hardwood
  • ResoLivingAreaSource: Builder

Exterior Features

  • Foundation Details: Reinforced Caisson
  • Lot Features: Landscaped
  • Waterfront: No
  • Exterior Building Type: Marble/Granite,Concrete,Limestone

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Garage Details: Garage Door Opener(s),Heated
  • Garage On-Site: Yes
  • Garage Ownership: Deeded Sold Separately
  • Garage Type: Attached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 2242
  • 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: Pbasic@related.com
  • Management Phone: 999-999-9999
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

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

Lot Info

  • Additional Parcels: Yes
  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • 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: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 43849.15
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 69

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2024
Closed on
Jul 31, 2024
Sold by
Shin Eunice and Cho Myung
Bought by
Dreamed Of Llc
Seller's Agent
Rafael Murillo
Compass
Buyer's Agent
Alexandre Stoykov
Compass
List Price
$1,895,000
Sold Price
$1,890,000
Premium/Discount to List
-$5,000
-0.26%
Views
8
Current Estimated Value
$2,089,311

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$199,311
Avg. Annual Appreciation
6.04%

Purchase Details

Listed on
Jul 7, 2020
Closed on
May 21, 2021
Sold by
Rmw Streeterville Llc
Bought by
Cho Myung and Shin Eunice
Seller's Agent
Tim Salm
Jameson Sotheby's Intl Realty
Buyer's Agent
Matt Laricy
Americorp, Ltd
List Price
$1,975,000
Sold Price
$1,925,000
Premium/Discount to List
-$50,000
-2.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.57%
Source: Public Records
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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
Dreamed Of Llc $1,890,000 Chicago Title
Cho Myung $1,925,000 Chicago Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/02/2024 08/02/24 Sold $1,890,000 -0.3% $891 / Sq Ft
07/02/2024 07/02/24 Pending -- -- --
06/18/2024 06/18/24 For Sale $1,895,000 -1.6% $893 / Sq Ft
05/21/2021 05/21/21 Sold $1,925,000 -2.5% $908 / Sq Ft View Prior Sale
04/23/2021 04/23/21 Pending -- -- --
07/07/2020 07/07/20 For Sale $1,975,000 -- $931 / 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 $1,339 $6,425 $845 $5,580
2024 $1,339 $6,425 $845 $5,580
2023 $1,430 $6,346 $681 $5,665
2022 $1,430 $6,951 $681 $6,270
2021 $1,470 $7,309 $681 $6,628
2020 $1,661 $7,455 $163 $7,292
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12086137

Midwest Real Estate Data (MRED)

APN: 17-10-218-015-1024

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