Seller's Agent in 2018
Ralph Milito
@ Properties
(847) 980-8093
204 Total Sales
Lake Point Tower 505 N Lake Shore Dr Unit 4101-02 Chicago, IL 60611
Streeterville NeighborhoodEstimated Value: $596,000 - $1,162,000
4
Beds
4
Baths
2,876
Sq Ft
$1,973/mo
HOA Fee
Highlights
- Lake Front
- Second Kitchen
- Whirlpool Bathtub
- Beach
- In Ground Pool
- 2-minute walk to Addams (Jane) Memorial Park
About This Home
As of March 2018TWO ADJACENT UNITS TO BE SOLD TOGETHER ONLY. UNIT #4101 ORIGINALLY 1446 SQ FT AND UNIT #4102 ORIGINALLY 1430 SQ FT. UNIT 4102 WAS MODIFIED FROM A 2 BEDROOM 2 BATH TO A 3 BEDROOM 2.5 BATH UNIT. UNIT 4102 HAS SWEEPING VIEWS OF LAKE MICHIGAN FROM THE EAST TO CITY VIEWS NORTH & WEST. UNIT 4101 WAS CHANGED FROM A 2 BEDROOM 2 BATH TO A 1 BEDROOM 1 BATH UNIT. HAS BEAUTIFUL VIEWS OF LAKE MICHIGAN & LAKE SHORE DR TO THE NORTH AND CITY VIEWS TO THE WEST. TOTAL SQUARE FOOTAGE 2876 (BOTH UNITS). VERY CHEAP PRICE PER SQ FT. A GREAT SIDE BY SIDE LIVING OPPORTUNITY FOR A FAMILY WITH A NANNY OR ELDERLY PARENT OR OPEN A WALL FOR A MASSIVE 2900 SQ FT RESIDENCE. TWO PIN NUMBERS: 17102140161313 FOR UNIT 4101 AND 17102140161312 FOR UNIT 4102.
Last Agent to Sell the Property
@properties Christie's International Real Estate License #471005750 Listed on: 12/18/2017
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $10,549
Year Built
- 1968
Lot Details
- End Unit
- East or West Exposure
HOA Fees
- $1,973 per month
Parking
- Attached Garage
Home Design
- Brick Exterior Construction
- Reinforced Caisson Foundation
- Concrete Siding
- Flexicore
Interior Spaces
- Bonus Room
- Second Kitchen
- Washer and Dryer Hookup
Bedrooms and Bathrooms
- Primary Bathroom is a Full Bathroom
- In-Law or Guest Suite
- Whirlpool Bathtub
Utilities
- 3+ Cooling Systems Mounted To A Wall/Window
- Heating Available
- Lake Michigan Water
Additional Features
- North or South Exposure
- In Ground Pool
- Property is near a bus stop
Community Details
Recreation
- Beach
Pet Policy
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 18, 2017
Closed on
Mar 28, 2018
Sold by
Chicago Title Land Trust Company
Bought by
Blackburn Andrew A and Blackburn Jill M
Seller's Agent
Ralph Milito
@properties Christie's International Real Estate
Buyer's Agent
Megan Tirpak
@properties Christie's International Real Estate
List Price
$1,050,000
Sold Price
$999,999
Premium/Discount to List
-$50,001
-4.76%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$79,980
Avg. Annual Appreciation
-0.90%
Original Mortgage
$750,000
Outstanding Balance
$651,276
Interest Rate
4.4%
Mortgage Type
Credit Line Revolving
Estimated Equity
$283,876
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Blackburn Andrew A | $1,000,000 | Chicago Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Blackburn Andrew A | $100,000 | |
| Open | Blackburn Andrew A | $750,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/28/2018 03/28/18 | Sold | $999,999 | -4.8% | $348 / Sq Ft |
| 02/07/2018 02/07/18 | Pending | -- | -- | -- |
| 12/18/2017 12/18/17 | For Sale | $1,050,000 | -- | $365 / Sq Ft |
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 |
|---|---|---|---|---|
| 2024 | $10,549 | $57,584 | $3,309 | $54,275 |
| 2023 | $10,284 | $50,000 | $2,672 | $47,328 |
| 2022 | $10,284 | $50,000 | $2,672 | $47,328 |
| 2021 | $10,054 | $49,999 | $2,671 | $47,328 |
| 2020 | $10,772 | $48,354 | $2,058 | $46,296 |
| 2019 | $10,547 | $52,498 | $2,058 | $50,440 |
| 2018 | $10,370 | $52,498 | $2,058 | $50,440 |
| 2017 | $10,082 | $46,833 | $1,753 | $45,080 |
| 2016 | $9,380 | $46,833 | $1,753 | $45,080 |
| 2015 | $8,582 | $46,833 | $1,753 | $45,080 |
| 2014 | $8,697 | $46,873 | $1,372 | $45,501 |
| 2013 | $8,525 | $46,873 | $1,372 | $45,501 |
Source: Public Records
Agents Affiliated with this Home
-
Ralph Milito
-
Megan Tirpak
Buyer's Agent in 2018
Megan Tirpak
@ Properties
(773) 415-2911
3 in this area
118 Total Sales
About Lake Point Tower
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD09819423
APN: 17-10-214-016-1312
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