NOT LISTED FOR SALE

Estimated Value: $501,000 - $535,000

2 Beds
2 Baths
1,401 Sq Ft
$681/mo HOA Fee

Last Sold September 29, 2023

Last sale price $524,500 $374 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $4,166/month

18 Days on Market

Highlights

  • Doorman
  • Waterfront
  • Business Center
  • Fitness Center
  • Wood Flooring
  • 2-minute walk to Bennet park

About This Home

As of September 2023

Stunning views and light filled updated 2-bedroom 2 bath condo with over 1400 sq ft. Amazing East, North and South Skyline and Lake views from all of the picture windows. This spacious home offers a refreshed kitchen, SS Appliances and generous sized island perfect for casual entertaining. The large living/dining room is complete with new flooring and offers plenty of space for a comfortable seating arrangement. Enjoy the marble window ledges for additional seating or a perfect place for your plants. Escape to the private primary suite with new flooring, spacious walk-in closet, soffit lighting and a large bath with garden soaking tub and updated lighting. The second bedroom is enhanced with new floors, a wall of closets and a picturesque view. Entire home was freshly painted and has new light fixtures and flooring. Experience the easy and convenient lifestyle of Streeterville, one block to the lake, Whole Foods, Target, Walgreens, and AMC Theaters. Conveniently located within the building is U of Chicago Medical and also 2 blocks to Northwestern Hospital. Full Service Full Amenity Building 24hr door Staff, Exercise Room, Entertainment Room, Business Center and Drycleaners. Very nicely renovated home. Rental Parking Available in the building. Well managed building with over $4M in reserves.

Last Agent to Sell the Property

Michael Maier

Berkshire Hathaway HomeServices Chicago License #475123451 Listed on: 08/17/2023

Berkshire Hathaway HomeServices Chicago

Last Buyer's Agent

Whitney Wang

Prospect Equities Real Estate License #475171792

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,771

Year Built

  • Built in 2001 | Remodeled in 2022

Lot Details

  • 0.38

HOA Fees

  • $681 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Leased Parking
  • Garage Transmitter
  • Driveway

Home Design

  • Reinforced Caisson Foundation
  • Rubber Roof

Interior Spaces

  • 1,401 Sq Ft Home
  • Family Room
  • Combination Dining and Living Room
  • Storage Room

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Soaking Tub
  • Garden Bath

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Home Security

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • 200+ Amp Service
  • Lake Michigan Water

Additional Features

  • Outdoor Grill
  • Waterfront

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include heat, air conditioning, water, insurance, doorman, clubhouse, exercise facilities, exterior maintenance, lawn care, scavenger, snow removal, internet
  • 620 Units
  • Laurie Association, Phone Number (312) 836-5915
  • Residences At River East Subdivision, Burton Floorplan
  • Property managed by Sudler Management
  • 58-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Sundeck
  • Common Area
  • Business Center
  • Party Room
  • Coin Laundry
  • Elevator
  • Service Elevator
  • Package Room

Recreation

  • Bike Trail

Pet Policy

  • Pets up to 75 lbs
  • Limit on the number of pets
  • Pet Size Limit
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site
  • Storm Screens

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,771

Year Built

Built in 2001 | Remodeled in 2022

Lot Details

0

HOA Fees

$681 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Subdivision Name: Residences at River East
  • Year Built: 2001
  • Age: 21-25 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 24
  • Rehab Year: 2022
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 58
  • Year Renovated: 2022

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Hardwood Floors, First Floor Laundry, Laundry Hook-Up in Unit, Storage
  • LivingArea: 1401
  • Room Type: Walk In Closet, Storage
  • Stories Total: 58
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Garden Tub,Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Flooring: Wood Laminate
  • ResoLivingAreaSource: Builder

Exterior Features

  • ExteriorFeatures: Storms/Screens, Outdoor Grill
  • Foundation Details: Reinforced Caisson
  • Lot Features: Common Grounds
  • Roof: Rubber
  • Waterfront: Yes
  • Exterior Building Type: Glass,Stone

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Driveway: Concrete
  • Garage Details: Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Fee/Leased
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: 200+ Amp Service
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Electric Dryer Hookup, In Unit, Laundry Closet
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit, Size Limit
  • Association Fee: 681
  • Association Amenities: Bike Room/Bike Trails, Door Person, Coin Laundry, Elevator(s), Exercise Room, Storage, On Site Manager/Engineer, Party Room, Sundeck, Receiving Room, Service Elevator(s), Valet/Cleaner, Business Center
  • Association Fee Frequency: Monthly
  • Management: Manager On-site,Monday through Friday
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Sudler Management
  • Management Contact Name: Laurie
  • Management Phone: 312-836-5915
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Lease Amount: 308
  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 75

Tax Info

  • Tax Annual Amount: 8771.19
  • Tax Year: 2021
  • Tax Exemptions: Homeowner,Senior

Multi Family

  • Units in Building: 620

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2023
Closed on
Sep 20, 2023
Sold by
Shekofeh Parsaei Living Trust
Bought by
Shi Jinxuan and Luo Xiaohong
Seller's Agent
Michael Maier
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Whitney Wang
Prospect Equities Real Estate
List Price
$549,000
Sold Price
$524,500
Premium/Discount to List
-$24,500
-4.46%
Views
57
Current Estimated Value
$519,136

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,364
Avg. Annual Appreciation
-0.49%

Purchase Details

Closed on
Oct 18, 2002
Sold by
Sharfaei Henry H and Parsaei Shekofeh
Bought by
Parsaei Shekofeh and Sharfaei Henry H

Purchase Details

Closed on
Dec 6, 2001
Sold by
Center At River East Llc
Bought by
Sharfaei Henry and Parsaei Shekofeh
Source: Public Records

Range of Values:

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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
Shi Jinxuan $524,500 None Listed On Document
Parsaei Shekofeh -- --
Sharfaei Henry $375,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/29/2023 09/29/23 Sold $524,500 -4.5% $374 / Sq Ft
09/05/2023 09/05/23 Pending -- -- --
08/17/2023 08/17/23 For Sale $549,000 0.0% $392 / Sq Ft
11/01/2017 11/01/17 Rented $2,800 -5.1% --
10/15/2017 10/15/17 Under Contract -- -- --
10/09/2017 10/09/17 Price Changed $2,950 0.0% $2 / Sq Ft
10/09/2017 10/09/17 For Rent $2,950 -7.8% --
09/20/2017 09/20/17 Under Contract -- -- --
09/02/2017 09/02/17 For Rent $3,200 -- --
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 $9,203 $45,150 $740 $44,410
2023 $8,971 $43,620 $597 $43,023
2022 $8,971 $43,620 $597 $43,023
2021 $8,771 $43,618 $596 $43,022
2020 $8,754 $39,295 $460 $38,835
2019 $8,571 $42,661 $460 $42,201
2018 $8,427 $42,661 $460 $42,201
2017 $8,053 $37,409 $391 $37,018
2016 $7,493 $37,409 $391 $37,018
2015 $6,855 $37,409 $391 $37,018
2014 $6,829 $36,808 $306 $36,502
2013 $6,694 $36,808 $306 $36,502
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11850459

Midwest Real Estate Data (MRED)

APN: 17-10-223-033-1214