NOT LISTED FOR SALE

The Montgomery 500 W Superior St Unit 1601-03 Chicago, IL 60654

River North Neighborhood

Estimated Value: $496,000 - $1,228,431

3 Beds
5 Baths
3,760 Sq Ft
$2,597/mo HOA Fee

Last Sold January 09, 2018

Last sale price $2,200,000 $585 Per Sq Ft

Current estimated payment $7,271/month

32 Days on Market

Highlights

  • Sauna
  • Whirlpool Bathtub
  • Steam Shower
  • Wood Flooring
  • End Unit
  • 3-minute walk to Ward A Montgomery Park Chicago

About This Home

As of January 2018

THIS HOME AT THE MONTGOMERY IS A MUST SEE! FROM THE ABSOLUTELY STUNNING FINISHES TO THE UNBELIEVABLE CITY & SKYLINE VIEWS TO THE UNPARALLELED ATTENTION TO DETAIL, THIS HOME IS PERFECT FOR THE MOST DISCERNING BUYERS. AT 3,760' SQ FT THIS HOME IS EXCEPTIONAL & PERFECT FOR ENTERTAINING. W/ AN ELEGANT MARBLE FOYER, HARDWOOD FLRS THROUGHOUT & STUNNING SOUTH CITY VIEWS, A WEST-FACING BALCONY, THREE BEDROOMS, LIVING ROOM + FAMILY ROOM, LIBRARY & OFFICE, THREE FULL BATHS & TWO POWDER ROOMS, THIS CONDO IS TRULY REMARKABLE, WITH TOO MANY AMAZING FEATURES TO LIST THEM ALL. SOME KEY HIGHLIGHTS ARE: A BREATHTAKING LIVING SPACE, TONS OF STORAGE & CLOSET SPACE INCLUDING SOME OF THE MOST MASTERFULLY DESIGNED BUILT-INS IN NEARLY EVERY ROOM, ELEGANT & CLEVERLY POSITIONED LIGHTING, A HOME AUTOMATION SYSTEM, 2 LAUNDRY ROOMS & SO MUCH MORE. PREMIUM TANDEM PARKING AND 2 STORAGE CAGES INCLUDED. THE MONTGOMERY IS A FULL AMENITY BUILDING INCLUDING: A DOG PARK, ROOFDECK, PARTY ROOM, OUTDOOR PATIO & MUCH MORE.

Last Agent to Sell the Property

Terri McAuley

Berkshire Hathaway HomeServices Chicago License #471003542 Listed on: 09/11/2017

Last Buyer's Agent

Stacey Grossman

Baird & Warner License #475135334

Baird & Warner

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,748

Year Built | Renovated

  • 2004 | 2005

Lot Details

  • End Unit
  • Southern Exposure
  • East or West Exposure

HOA Fees

  • $2,597 per month

Parking

  • Attached Garage
  • Heated Garage
  • Tandem Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Marble or Granite Building Materials

Interior Spaces

  • Bar Fridge
  • Gas Log Fireplace
  • Home Office
  • Library
  • Storage
  • Sauna
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Double Oven
  • Range Hood
  • Microwave
  • High End Refrigerator
  • Bar Refrigerator
  • Freezer
  • Dishwasher
  • Wine Cooler
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Whirlpool Bathtub
  • Steam Shower
  • Shower Body Spray
  • Separate Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Amenities

  • Common Area

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,748

Year Built | Renovated

2004 | 2005

Lot Details

0

HOA Fees

$2,597 per month

Parking

2

Listing Details

  • Property Type: Attached Single
  • Recent Rehab: Yes
  • Unit Floor Level: 16
  • Age: 11-15 Years
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Number Interior Fireplaces: 1
  • Ownership: Condo
  • Rehab Year: 2005
  • Total Full or Half Bathrooms: 3.2
  • Estimated Year Built: 2004
  • Tax Exemptions: Homeowner
  • Type Attached: Condo, High Rise (7+ Stories)
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 28
  • Year Built: 2004
  • Year Renovated: 2005

Interior Features

  • Interior Property Features: Sauna/Steam Room, Hardwood Floors, Laundry Hook-Up in Unit, Storage
  • Number Of Rooms: 9
  • Living Room: Dimensions: 27X18, On Level: Main Level, Flooring: Hardwood, Windows: Shades
  • Appliances: Oven-Double, Microwave, Dishwasher, Refrigerator, High End Refrigerator, Refrigerator-Bar, Freezer, Washer, Dryer, Disposal, Wine Cooler/Refrigerator, Range Hood
  • Equipment: TV-Cable, Fire Sprinklers, CO Detectors
  • Fireplace Details: Gas Logs
  • Fireplace Location: Living Room
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool, Separate Shower, Steam Shower, Double Sink, Full Body Spray Shower
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 11X7, On Level: Main Level
  • Dining Room: Dimensions: 17X15, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Kitchen Type: Dimensions: 17X16, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Eating Area-Breakfast Bar, Island, Pantry-Closet
  • Additional Rooms: Balcony, Library, Office, Walk In Closet
  • Master Bedroom: Dimensions: 18X14, On Level: Main Level, Flooring: Hardwood, Windows: Shades
  • Additional Room 1 Name: Office, Dimensions: 13X9, On Level: Main Level, Flooring: Hardwood
  • Additional Room 2 Name: Balcony, Dimensions: 18X5, On Level: Main Level
  • Bedroom 2: Dimensions: 13X12, On Level: Main Level, Flooring: Hardwood
  • Additional Room 3 Name: Library, Dimensions: 14X11, On Level: Main Level, Flooring: Hardwood
  • Bedroom 3: Dimensions: 11X9, On Level: Main Level, Flooring: Hardwood
  • Additional Room 4 Name: Walk in Closet, Dimensions: 13X8, On Level: Main Level
  • Estimated Sq Ft: 3760
  • Dining Room Type: Combined w/ LivRm
  • Family Room: Dimensions: 24X22, On Level: Main Level, Flooring: Hardwood, Windows: Shades

Exterior Features

  • Exterior Building Type: Glass, Marble/Granite
  • Exterior Property Features: Balcony, End Unit
  • Exposure: S (South), W (West)

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Heated, Tandem
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Concrete
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Max Pet Weight: 999
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager On-site, Monday through Friday
  • Pet Information: Cats OK, Deposit Required, Dogs OK, Pet Count Limitation
  • Common Area Amenities: Bike Room/Bike Trails, Door Person, Elevator, Exercise Room, Storage, On Site Manager/Engineer, Party Room, Sundeck, Service Elevator, Valet/Cleaner
  • Assessment Includes: Heat, Air Conditioning, Water, Gas, Parking, Common Insurance, Doorman, TV/Cable, Exercise Facilities, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Internet Access
  • Assessment Association Fees: 2597
  • Management Contact Name: BRAYDEN
  • Management Phone: 312-994-5504

Fee Information

  • Management Company: DRAPER AND KRAMER

Schools

  • School District: 299
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON
  • Lot Description: Common Grounds
  • Parcel Identification Number: 17091140211130

Multi Family

  • Total Number Unitsin Building: 245
  • Number Stories: 28

Tax Info

  • Taxes: 27433.02

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2017
Closed on
Dec 12, 2017
Sold by
Levinson Michael R and Levinson Cara B
Bought by
Butler Darrell and Butler Marci
Seller's Agent
Terri McAuley
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Stacey Grossman
Baird & Warner
List Price
$2,575,000
Sold Price
$2,200,000
Premium/Discount to List
-$375,000
-14.56%
Current Estimated Value
$710,108

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,489,892
Avg. Annual Appreciation
-13.76%
Original Mortgage
$1,540,000
Outstanding Balance
$880,154
Interest Rate
3.25%
Mortgage Type
New Conventional
Estimated Equity
-$171,404

Purchase Details

Closed on
Nov 30, 2010
Sold by
Goldstein Mark David and Goldstein Maria
Bought by
Levinson Michael R and Levinson Cara B

Purchase Details

Closed on
Mar 9, 2007
Sold by
Goldstein Mark David and Goldstein Maria
Bought by
Goldstein Mark David and Goldstein Maria

Purchase Details

Closed on
Nov 15, 2006
Sold by
Goldstein Mark David and Goldstein Maria
Bought by
Goldstein Mark David and Goldstein Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
6.47%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 2, 2006
Sold by
Goldstein Mark D and Goldstein Maria
Bought by
Goldstein Mark David and Goldstein Maria
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
Butler Darrell $2,200,000 Attorney
Levinson Michael R $432,500 None Available
Goldstein Mark David -- None Available
Goldstein Mark David -- Cti
Goldstein Mark David -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Butler Darrell $1,540,000
Previous Owner Goldstein Mark David $297,000
Previous Owner Goldstein Mark David $312,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/09/2018 01/09/18 Sold $2,200,000 -14.6% $585 / Sq Ft
10/13/2017 10/13/17 Pending -- -- --
09/11/2017 09/11/17 For Sale $2,575,000 -- $685 / 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 $9,748 $42,757 $5,537 $37,220
2023 $9,502 $46,200 $4,465 $41,735
2022 $9,502 $46,200 $4,465 $41,735
2021 $9,290 $46,199 $4,464 $41,735
2020 $9,735 $43,699 $3,444 $40,255
2019 $9,532 $47,445 $3,444 $44,001
2018 $9,372 $47,445 $3,444 $44,001
2017 $9,168 $42,589 $2,823 $39,766
2016 $8,530 $42,589 $2,823 $39,766
2015 $7,804 $42,589 $2,823 $39,766
2014 $6,615 $35,652 $2,296 $33,356
2013 $6,484 $35,652 $2,296 $33,356
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09746629

Midwest Real Estate Data (MRED)

APN: 17-09-114-021-1130