NOT LISTED FOR SALE

50 E Chestnut St Unit 2601 Chicago, IL 60611

Magnificent Mile Neighborhood

Estimated Value: $2,371,360 - $2,829,000

3 Beds
3.5 Baths
3,900 Sq Ft
11,195 Sq Ft Lot

Sale Details

Date Sold: February 17, 2023

Last sale price $2,500,000 $641 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $22,231 / mo

909 Days on Market

Highlights

  • Wood Flooring
  • 4-minute walk to Chicago Avenue Station (Red Line)
  • Formal Dining Room
  • Great Room
  • Terrace
  • 1-minute walk to Connors Park

About This Home

As of February 2023

Spectacular full floor residence in premier boutique Gold Coast coast building. Exceptional wide flexible floor plan with private elevator access. Fabulous living/entertaining space with gas fireplace, high ceilings, stunning views (East, South & West exposures). Gourmet chef's kitchen, 2 over sized terraces (East and West) with gas hook-up for grill, generous laundry room with storage, & electronic shades, 3 ensuite bedrooms including elegant master suite offering luxurious spa-like bath, and beautiful, custom, walk-in closet. High-security building with luxury amenities: superb 24 hour door staff, on-site manager, fitness center, patio-deck, bike storage and dog run. 2 self park heated garage parking spots. Steps to restaurants, shops, theaters, lake & beach, and so much more! Very private upscale living!

Last Agent to Sell the Property

Linda Levin

Jameson Sotheby's Intl Realty License #475137990 Listed on: 07/24/2020

Jameson Sotheby's Intl Realty

Last Buyer's Agent

Nicole Hajdu

Baird & Warner License #475130785

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $67,091

Year Built

  • Built in 2008

Lot Details

  • Additional Parcels

HOA Fees

  • $3,623 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Included in Price

Interior Spaces

  • 3,900 Sq Ft Home
  • Gas Log Fireplace
  • Entrance Foyer
  • Great Room
  • Living Room
  • Formal Dining Room
  • Storage
  • Wood Flooring

Kitchen

  • Double Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Terrace

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

Overview

  • Association fees include heat, air conditioning, water, gas, insurance, security, doorman, tv/cable, exercise facilities, exterior maintenance, lawn care, scavenger
  • 34 Units
  • 39-Story Property

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$67,091

Year Built

Built in 2008

Lot Details

0.26 Acres

HOA Fees

$3,623 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: 2008
  • Age: 11-15 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: 26
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 39

Interior Features

  • Appliances: Double Oven, Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: None
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Interior Amenities: Elevator, Hardwood Floors, Laundry Hook-Up in Unit, Storage
  • LivingArea: 3900
  • Room Type: Foyer, Great Room, Walk In Closet, Terrace
  • Stories Total: 39
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Balcony
  • Waterfront: No
  • Exterior Building Type: Glass

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage On-Site: Yes
  • Garage Type: Attached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 3623
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Not Required
  • Management Company: n/a
  • Management Contact Name: n/a
  • Management Phone: 000-000-0000
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Air Conditioning, Water, Gas, Insurance, Security, Doorman, TV/Cable, Exercise Facilities, Exterior Maintenance, Lawn Care, Scavenger

Lot Info

  • Additional Parcels: Yes
  • Lot Dimensions: COMMON
  • 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: 67091.18
  • Tax Year: 2020

Multi Family

  • Units in Building: 34

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2020
Closed on
Feb 8, 2023
Sold by
Dias Family 2009 Trust
Bought by
Carroll Patrick
Seller's Agent
Linda Levin
Jameson Sotheby's Intl Realty
Buyer's Agent
Nicole Hajdu
Baird & Warner
List Price
$3,299,000
Sold Price
$2,500,000
Premium/Discount to List
-$799,000
-24.22%
Views
9
Current Estimated Value
$2,575,453

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,453
Avg. Annual Appreciation
0.95%
Original Mortgage
$2,250,000
Outstanding Balance
$2,150,591
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
$424,862

Purchase Details

Closed on
Dec 26, 2015
Sold by
Fh Holdings Llc
Bought by
Dias Family 2009 Trust
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
Carroll Patrick $2,500,000 Chicago Title
Dias Family 2009 Trust -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carroll Patrick $2,250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/17/2023 02/17/23 Sold $2,500,000 -7.2% $641 / Sq Ft
01/19/2023 01/19/23 Pending -- -- --
06/27/2022 06/27/22 Price Changed $2,695,000 -3.6% $691 / Sq Ft
06/01/2022 06/01/22 Price Changed $2,795,000 -3.6% $717 / Sq Ft
05/04/2022 05/04/22 Price Changed $2,900,000 -3.3% $744 / Sq Ft
03/28/2022 03/28/22 Price Changed $2,999,900 -9.1% $769 / Sq Ft
07/24/2020 07/24/20 For Sale $3,299,000 -- $846 / 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 $58,325 $170,720 $10,158 $160,562
2024 $58,325 $170,720 $10,158 $160,562
2023 $62,138 $276,434 $8,178 $268,256
2022 $62,138 $302,110 $8,178 $293,932
2021 $60,751 $302,109 $8,178 $293,931
2020 $64,205 $288,212 $5,724 $282,488
2019 $62,842 $312,783 $5,724 $307,059
2018 $63,571 $321,823 $5,724 $316,099
2017 $57,377 $266,536 $4,579 $261,957
2016 $53,384 $266,536 $4,579 $261,957
2015 $48,842 $266,536 $4,579 $261,957
2014 $48,148 $259,504 $3,680 $255,824
2013 $47,197 $259,504 $3,680 $255,824
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10794048

Midwest Real Estate Data (MRED)

APN: 17-03-217-018-1022

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