Seller's Agent in 2025
Michael Michalak
RE/MAX
(312) 527-4417
3 in this area
137 Total Sales
One East 14th Place 5 E 14th Place Unit 806 Floor 8 Chicago, IL 60605
South Loop Neighborhood
2
Beds
2
Baths
1,300
Sq Ft
$626/mo
HOA Fee
Highlights
- Fitness Center
- Open Floorplan
- Balcony
- South Loop Elementary School Rated 9+
- Stainless Steel Appliances
- 1-minute walk to Coliseum Park
About This Home
As of December 2025Spacious and bright split floor plan 2BR/2BA with a private terrace offering stunning, unobstructed views of the park, sunsets, and Chicago's iconic skyline. Located on the 8th floor of a boutique elevator building, this home is a true urban retreat. Enjoy a prime location in a quiet residential pocket just steps from Cottontail and Colosseum (dog park) Parks, and an easy walk to State Street shopping, dining, and the amenities of Museum Park. The open-concept layout features wide plank flooring, a modern kitchen with crisp white cabinetry, high-end KitchenAid stainless steel appliances, sleek black quartz countertops, and a marble backsplash. Both bathrooms are updated with contemporary finishes, and the unit offers generous closet space plus an in-unit washer and dryer. Assessments cover all utilities, building amenities, cable, and internet-leaving only gas and electric for you to pay. Building amenities include door staff, on-site management, a fitness center, dry cleaner, and bike room. Approximately 80% owner-occupied, this building is ideally situated in one of Chicago's most sought-after neighborhoods, close to top-rated parks, public transit, entertainment, and world-class dining and shopping. 1 car garage parking available for $25,000. Building is VA / FHA approved.
Last Agent to Sell the Property
RE/MAX 10 Lincoln Park License #475114641 Listed on: 10/08/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $6,408
Year Built
- Built in 2000
HOA Fees
- $626 Monthly HOA Fees
Parking
- 1 Car Garage
- Off Alley Parking
- Parking Included in Price
Home Design
- Entry on the 8th floor
- Brick Exterior Construction
- Stone Siding
Interior Spaces
- 1,300 Sq Ft Home
- Open Floorplan
- Built-In Features
- Entrance Foyer
- Family Room
- Living Room
- Dining Room
- Storage
Kitchen
- Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Disposal
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
- Dual Sinks
- Soaking Tub
- Separate Shower
Laundry
- Laundry Room
- Dryer
- Washer
Utilities
- Central Air
- Heating System Uses Natural Gas
- Lake Michigan Water
Additional Features
- Accessible Hallway
- Additional Parcels
Community Details
Overview
- Association fees include water, parking, insurance, security, doorman, tv/cable, exercise facilities, exterior maintenance, scavenger, snow removal, internet
- 104 Units
- Susan Rainey Association, Phone Number (312) 753-5080
- Property managed by FirstService Residential
- 17-Story Property
Amenities
- Community Storage Space
- Elevator
Recreation
- Bike Trail
Pet Policy
- Pets up to 100 lbs
- Dogs and Cats Allowed
Security
- Resident Manager or Management On Site
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 31, 2023
Closed on
Nov 19, 2023
Sold by
Naresh C Chandan Living Trust and Ritu Chandan Living Trust
Bought by
Pennington Alexander
Seller's Agent
Cathryn Browne
CB Real Estate LLC
Buyer's Agent
Michael Michalak
RE/MAX 10 Lincoln Park
List Price
$375,000
Sold Price
$370,000
Premium/Discount to List
-$5,000
-1.33%
Views
54
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.72%
Original Mortgage
$370,000
Outstanding Balance
$362,776
Interest Rate
7.63%
Mortgage Type
VA
Estimated Equity
$12,871
Purchase Details
Closed on
Oct 5, 2020
Sold by
Chandan Naresh C and Chandan Ritu
Bought by
Chandan Naresh C and Chandan Ritu
Purchase Details
Listed on
Mar 28, 2016
Closed on
May 31, 2016
Sold by
Sheldon Timothy and Sheldon Margaret
Bought by
Chandan Naresh C and Chandan Ritu
Seller's Agent
Peter Moore
Baird & Warner
Buyer's Agent
Rebecca Singh
HomeSmart Realty Group
List Price
$379,900
Sold Price
$367,000
Premium/Discount to List
-$12,900
-3.4%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.24%
Original Mortgage
$293,600
Interest Rate
2.87%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 29, 2009
Sold by
Hermann Elsie K and Hermann Michel
Bought by
Sheldon Timothy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,500
Interest Rate
5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 6, 2000
Sold by
Heichman Marci G
Bought by
Coppola Angela I
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,000
Interest Rate
8.55%
Purchase Details
Closed on
Mar 16, 2000
Sold by
1501 South State Street Llc
Bought by
Heichman Marci G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,650
Interest Rate
8.18%
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $370,000 | Fidelity National Title | |
| Interfamily Deed Transfer | -- | Attorney | |
| Warranty Deed | $367,000 | Baird & Warner Title Service | |
| Warranty Deed | $310,000 | Attorneys Title Guaranty Fun | |
| Warranty Deed | -- | 1St American Title | |
| Warranty Deed | $177,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $370,000 | VA | |
| Previous Owner | $293,600 | New Conventional | |
| Previous Owner | $294,500 | New Conventional | |
| Previous Owner | $217,000 | No Value Available | |
| Previous Owner | $141,650 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/18/2025 12/18/25 | Sold | $365,000 | 0.0% | $281 / Sq Ft | |
| 10/30/2025 10/30/25 | Pending | -- | -- | -- | |
| 10/08/2025 10/08/25 | For Sale | $365,000 | -1.4% | $281 / Sq Ft | |
| 11/20/2023 11/20/23 | Sold | $370,000 | -1.3% | $285 / Sq Ft | View Prior Sale |
| 10/07/2023 10/07/23 | Pending | -- | -- | -- | |
| 08/31/2023 08/31/23 | For Sale | $375,000 | +2.2% | $288 / Sq Ft | |
| 06/07/2016 06/07/16 | Sold | $367,000 | -3.4% | -- | View Prior Sale |
| 04/06/2016 04/06/16 | Pending | -- | -- | -- | |
| 03/28/2016 03/28/16 | For Sale | $379,900 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $5,985 | $28,358 | $1,456 | $26,902 |
| 2024 | $5,985 | $28,358 | $1,456 | $26,902 |
| 2023 | $5,834 | $28,275 | $1,173 | $27,102 |
| 2022 | $5,834 | $28,275 | $1,173 | $27,102 |
| 2021 | $5,703 | $28,274 | $1,173 | $27,101 |
| 2020 | $5,239 | $23,519 | $962 | $22,557 |
| 2019 | $5,145 | $25,609 | $962 | $24,647 |
| 2018 | $5,059 | $25,609 | $962 | $24,647 |
| 2017 | $4,808 | $22,333 | $795 | $21,538 |
| 2016 | $3,973 | $22,333 | $795 | $21,538 |
| 2015 | $3,612 | $22,333 | $795 | $21,538 |
| 2014 | $3,296 | $20,333 | $711 | $19,622 |
| 2013 | $3,220 | $20,333 | $711 | $19,622 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Michalak
-
Evan Peng
Buyer's Agent in 2025
Evan Peng
Landmark & Property Group, Inc
(312) 804-0056
10 in this area
162 Total Sales
-
Cathryn Browne
Seller's Agent in 2023
Cathryn Browne
CB Real Estate LLC
(312) 547-9157
3 in this area
93 Total Sales
-
Peter Moore
Seller's Agent in 2016
Peter Moore
Baird Warner
(312) 371-9422
148 Total Sales
-
Rebecca Singh
Buyer's Agent in 2016
Rebecca Singh
HomeSmart Realty Group
(630) 205-0935
1 in this area
32 Total Sales
About One East 14th Place
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12490776
APN: 17-22-106-076-1030
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