$630,000
SOLD FEB 28, 2025
2 Beds
2 Baths
1,400 Sq Ft
$720/mo HOA Fee

Recently Sold

$450 Per Sq Ft

1% Above List Price

5 Days on Market

Highlights

  • Doorman
  • 5-minute walk to Chicago Avenue Station (Red Line)
  • Deck
  • Open Floorplan
  • Landscaped Professionally
  • 1-minute walk to Washington Square Park

About This Home

As of February 2025

Welcome to the prestigious, full amenity Park Newbury, a luxury condominium complex by the renowned Loewenberg & Associates overlooking Washington Park and the historic Newberry Library. The building exterior exudes opulence and grace with the center fountain and professionally landscaped gardens. Enter through the recently renovated lobby and be greeted by the professional, five star 24 hour door staff. Head up the elevators to unit 310, where you will be absolutely wowed by the just renovated (January 2025) kitchen with gorgeous quartz counters, zellige tile backsplash, and the freshly painted soft, creamy cabinets. New brass lighting, hardware, and plumbing fixtures grace this brand new kitchen, creating contrast and bringing in a cozy warmth. Hardwood floors & a gas fireplace flow through the living and dining areas, drawing your eyes out to the enormous covered terrace overlooking the treetops and Chicago skyline. A large pantry, massive entry closet, and stackable washer/dryer are conveniently located in this common space. Tucked down the hall is a massive secondary bedroom that dwarfs most city main bedrooms nowadays, a large hall bath, and finally the even more expansive main bedroom (if you can believe it) with multiple closets, an en suite bath with a soaking whirlpool tub, walk in shower, and plenty of storage space. Deeded prime parking spot P002 is included with the price. This well planned building has five elevator banks, a larger than life state of the art fitness center, a renovated party room, business center, two sundecks, a receiving room & an onsite dry cleaners. Private storage room included in the price. The Park Newberry is dog friendly, & has onsite management and an onsite engineer. Walk to the Mag Mile, Oak Street Beach, and all of the shops and restaurants you could imagine.

Last Agent to Sell the Property

Jacqueline Patton

Baird & Warner License #475175723 Listed on: 01/18/2025

Baird & Warner

Last Buyer's Agent

Derek Quelette

@properties Christie's International Real Estate License #475206807

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,499

Year Built

  • Built in 1998 | Remodeled in 2025

Lot Details

  • Back to Public Ground
  • Cul-De-Sac
  • Landscaped Professionally
  • Additional Parcels

HOA Fees

  • $720 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Parking Included in Price

Home Design

  • Entry on the 3rd floor
  • Brick Exterior Construction

Interior Spaces

  • 1,400 Sq Ft Home
  • Open Floorplan
  • Gas Log Fireplace
  • ENERGY STAR Qualified Doors
  • Family Room with Fireplace
  • Living Room
  • Dining Room
  • Storage
  • Laundry Room
  • Home Gym
  • Wood Flooring
  • Property Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms
  • Whirlpool Bathtub
  • Separate Shower

Utilities

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

Additional Features

  • Deck
  • Property is near park

Community Details

Overview

  • Association fees include heat, air conditioning, water, security, doorman, tv/cable, exercise facilities, exterior maintenance, lawn care, scavenger, snow removal, internet
  • 183 Units
  • Silvio Brizu Association, Phone Number (312) 951-6627
  • Property managed by Community Specialists
  • 10-Story Property

Amenities

  • Doorman
  • Common Area
  • Lobby

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,499

Year Built

Built in 1998 | Remodeled in 2025

Lot Details

0

HOA Fees

$720 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • EntryLevel: 3
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 1998
  • Age: 26-30 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2025
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • MRD_WaterViewYN: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 10
  • Year Renovated: 2025

Interior Features

  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log, Gas Starter
  • Fireplaces: 1
  • Flooring: Hardwood, Wood
  • Interior Amenities: Elevator, Storage, Open Floorplan, Doorman, Health Facilities, Lobby
  • LivingArea: 1400
  • Room Type: Deck
  • Stories Total: 10
  • Window Features: Drapes
  • Estimated Total Finished Sq Ft: 0
  • Bathroom Amenities: Whirlpool,Separate Shower,Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Fireplace Location: Family Room
  • Total Sq Ft: 0
  • Door Features: ENERGY STAR Qualified Doors
  • Window Features: All
  • ResoLivingAreaSource: Estimated

Exterior Features

  • Construction Materials: Brick
  • Lot Features: Common Grounds, Corner Lot, Cul-De-Sac, Landscaped, Backs to Public GRND, Views
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: On Site, Garage Owned, Attached, Garage
  • ParkingTotal: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Electric
  • Laundry Features: Washer Hookup, Main Level, In Unit
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 720
  • Association Fee Frequency: Monthly
  • Community Features: Park, Sidewalks, Street Lights
  • Master Association Fee Frequency: Not Required
  • Management Company: Community Specialists
  • Management Contact Name: Silvio Brizu
  • Management Phone: 312-951-6627
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

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: 9499.42
  • Tax Year: 2023
  • Tax Exemptions: None

Multi Family

  • Units in Building: 183

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2025
Closed on
Feb 23, 2025
Sold by
Cheryl Rabine Revocable Trust and Rabine Gary T
Bought by
Wright Roger and Cancilla Maria D
Seller's Agent
Jacqueline Patton
Baird & Warner
Buyer's Agent
Derek Quelette
@properties Christie's International Real Estate
List Price
$625,000
Sold Price
$630,000
Premium/Discount to List
$5,000
0.8%
Views
34
Current Estimated Value
$620,248

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,752
Avg. Annual Appreciation
-2.58%
Original Mortgage
$430,000
Outstanding Balance
$426,553
Interest Rate
7.25%
Mortgage Type
New Conventional
Estimated Equity
$189,750

Purchase Details

Closed on
Mar 25, 2011
Sold by
Rabine Gary
Bought by
Rabine Cheryl and Cheryl Rabine Revocable Trust

Purchase Details

Closed on
Aug 21, 2007
Sold by
Fraser Michael A
Bought by
Rabine Gary

Purchase Details

Closed on
Apr 26, 2004
Sold by
Mandas Koula and Mandas James W
Bought by
Fraser Michael A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$436,000
Interest Rate
4.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 13, 2000
Sold by
Mandas James W and Mandas Koula
Bought by
Mandas Koula and Mandas James W

Purchase Details

Closed on
Dec 1, 1998
Sold by
Pember Elizabeth A
Bought by
Mandas James W and Mandas Koula

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 4, 1998
Sold by
Park Newberry Llc
Bought by
Pember Elizabeth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.4%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Deed -- Chicago Title
Interfamily Deed Transfer -- None Available
Warranty Deed $565,000 Stewart Title Of Illinois
Deed $545,000 Ctic
Interfamily Deed Transfer -- --
Warranty Deed $370,000 Chicago Title Insurance Co
Warranty Deed $216,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $430,000 New Conventional
Previous Owner $436,000 Purchase Money Mortgage
Previous Owner $200,000 Purchase Money Mortgage
Closed $48,000 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2025 02/28/25 Sold $630,000 +0.8% $450 / Sq Ft
01/23/2025 01/23/25 Pending -- -- --
01/18/2025 01/18/25 For Sale $625,000 -- $446 / 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
2025 $8,585 $38,879 $6,391 $32,488
2024 $8,585 $38,879 $6,391 $32,488
2023 $8,369 $40,692 $5,250 $35,442
2022 $8,369 $40,692 $5,250 $35,442
2021 $8,182 $40,690 $5,249 $35,441
2020 $8,138 $36,530 $3,601 $32,929
2019 $7,965 $39,646 $3,601 $36,045
2018 $7,831 $39,646 $3,601 $36,045
2017 $7,154 $33,233 $2,881 $30,352
2016 $6,656 $33,233 $2,881 $30,352
2015 $6,090 $33,233 $2,881 $30,352
2014 $5,733 $30,898 $2,315 $28,583
2013 $5,620 $30,898 $2,315 $28,583
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12269867

Midwest Real Estate Data (MRED)

APN: 17-04-441-024-1082