Seller's Agent in 2024
Melissa Siegal
@ Properties
(312) 515-8007
137 in this area
525 Total Sales
The Residences At Grand Plaza 545 N Dearborn St Unit W1405 Chicago, IL 60654
River North Neighborhood
1
Bed
1
Bath
764
Sq Ft
$537/mo
HOA Fee
Highlights
- Doorman
- 1-minute walk to Grand Avenue Station (Red Line)
- Wood Flooring
- Steam Room
- Fitness Center
- Community Pool
About This Home
As of December 2024Step in to your new home with this spacious River North 1 Bed 1 Bath! Floor to ceiling windows flood the massive living space with natural light. From here, step out on to your private balcony and soak up the immaculate east facing city views! The update kitchen consists of ample storage and counter space! A bedroom nook allows for the perfect sense of separation between your living and sleeping space. A large walk-in closet, full bath, and in unit laundry complete this ideal residence! With amenities such as a pool, track, gym, and sauna, this building is the ultimate oasis. Conveniently located within blocks of River North's best restaurants, nightlife, and shopping.
Last Agent to Sell the Property
@properties Christie's International Real Estate License #475139418 Listed on: 10/08/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,153
Year Built
- Built in 2003
HOA Fees
- $537 Monthly HOA Fees
Home Design
- Studio
Interior Spaces
- 764 Sq Ft Home
- Family Room
- Combination Dining and Living Room
- Wood Flooring
Kitchen
- Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Potential Bedroom
- 1 Full Bathroom
- Separate Shower
Laundry
- Laundry Room
- Dryer
- Washer
Schools
- Ogden Elementary
- Wells Community Academy Senior H High School
Utilities
- Forced Air Heating and Cooling System
- Lake Michigan Water
Additional Features
- Kennel or Dog Run
Listing and Financial Details
- Homeowner Tax Exemptions
Community Details
Overview
- Association fees include heat, air conditioning, water, gas, insurance, doorman, tv/cable, clubhouse, exercise facilities, pool, exterior maintenance, lawn care, scavenger, snow removal, internet
- 284 Units
- Jeff Weiss Association, Phone Number (312) 222-9466
- High-Rise Condominium
- Property managed by Sudler Property management
- 37-Story Property
Amenities
- Doorman
- Valet Parking
- Sundeck
- Steam Room
- Sauna
- Business Center
- Party Room
- Elevator
- Service Elevator
- Package Room
Recreation
Pet Policy
- Pets up to 35 lbs
- Limit on the number of pets
- Pet Size Limit
- Dogs and Cats Allowed
Security
- Resident Manager or Management On Site
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 8, 2024
Closed on
Nov 25, 2024
Sold by
Terhar Kevin
Bought by
Chambers Jonathan
Seller's Agent
Melissa Siegal
@properties Christie's International Real Estate
Buyer's Agent
Loren Connell
Baird & Warner
List Price
$275,000
Sold Price
$271,000
Premium/Discount to List
-$4,000
-1.45%
Views
15
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
$7,955
Avg. Annual Appreciation
3.38%
Original Mortgage
$262,870
Outstanding Balance
$260,979
Interest Rate
7.25%
Mortgage Type
New Conventional
Estimated Equity
$17,976
Purchase Details
Closed on
Apr 21, 2017
Sold by
Cultra Sharon L
Bought by
Terhar Kevin
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,000
Interest Rate
4.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Jun 15, 2006
Sold by
Grand Plaza Tower Llc
Bought by
Cultra Sharon L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,000
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage
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 |
|---|---|---|---|
| Warranty Deed | $271,000 | Proper Title | |
| Warranty Deed | $271,000 | Proper Title | |
| Warranty Deed | $230,000 | None Available | |
| Special Warranty Deed | $266,000 | First American Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $262,870 | New Conventional | |
| Closed | $262,870 | New Conventional | |
| Previous Owner | $207,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $121,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/03/2024 12/03/24 | Sold | $271,000 | -1.5% | $355 / Sq Ft |
| 10/16/2024 10/16/24 | Pending | -- | -- | -- |
| 10/08/2024 10/08/24 | For Sale | $275,000 | -- | $360 / 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 | $4,153 | $21,870 | $3,731 | $18,139 |
| 2023 | $4,027 | $23,000 | $3,014 | $19,986 |
| 2022 | $4,027 | $23,000 | $3,014 | $19,986 |
| 2021 | $3,955 | $22,999 | $3,013 | $19,986 |
| 2020 | $3,816 | $20,232 | $2,321 | $17,911 |
| 2019 | $3,724 | $21,966 | $2,321 | $19,645 |
| 2018 | $4,339 | $21,966 | $2,321 | $19,645 |
| 2017 | $3,462 | $19,459 | $1,977 | $17,482 |
| 2016 | $3,397 | $19,459 | $1,977 | $17,482 |
| 2015 | $3,085 | $19,459 | $1,977 | $17,482 |
| 2014 | $2,633 | $16,760 | $1,547 | $15,213 |
| 2013 | $2,570 | $16,760 | $1,547 | $15,213 |
Source: Public Records
Agents Affiliated with this Home
-
Melissa Siegal
-
Loren Connell
Buyer's Agent in 2024
Loren Connell
Baird Warner
(312) 714-0549
6 in this area
58 Total Sales
About The Residences At Grand Plaza
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12183280
APN: 17-09-241-036-1057
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