NOT LISTED FOR SALE

Estimated Value: $486,000 - $564,240

2 Beds
2 Baths
1,400 Sq Ft
$788/mo HOA Fee

Last Sold May 01, 2024

Last sale price $485,000 $346 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $4,526/month

29 Days on Market

Highlights

  • Doorman
  • Fitness Center
  • Sauna
  • Steam Room
  • River Front
  • 3-minute walk to Ward A Montgomery Park Chicago

About This Home

As of May 2024

Experience the loft lifestyle in the heart of River North! This expansive 2-bedroom, 2-bathroom home exudes charm with exposed brick walls and impressive 12-foot timber ceilings. The chef's kitchen showcases stainless steel appliances, granite countertops, beautiful custom cabinetry, and a generously sized island perfect for seating. The uniquely spacious open living area with a cozy fireplace offers access to a large balcony with striking city views; This space is tailor-made for entertaining and comfortably accommodates a full dining room set. The primary suite features a custom walk-in closet and an ensuite bath complete with dual sinks, a steam shower, and luxurious heated towel racks. The second bedroom offers a custom-built Murphy bed and thoughtfully designed closet, ideal for a guest room or office space. A full hall bath with a gorgeous stone shower and in-home laundry completes this fabulous home. This remarkable space also includes an enormous 20x12 storage area, opening doors to endless possibilities. Garage parking is available for an additional $35k. Nestled within the sought-after River Bank Lofts building, amenities include 24/7 door staff, a dry cleaner, an exercise room, an art gallery in the lobby, on-site management/maintenance, and a rooftop deck with breathtaking panoramic city views and a private river walk-perfect for enjoying the outdoors. Located within close proximity to everything River North offers, including parks, East Bank Club, river taxi access, the brown and blue line, an array of restaurants, and shopping destinations.

Last Agent to Sell the Property

Melissa Siegal

@properties Christie's International Real Estate License #475139418 Listed on: 02/07/2024

@properties Christie's International Real Estate

Last Buyer's Agent

Jessika Zijdemans

Jameson Sotheby's Intl Realty License #475205637

Jameson Sotheby's Intl Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,546

Year Built

  • Built in 1905

Lot Details

  • River Front
  • Additional Parcels

HOA Fees

  • $788 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Transmitter
  • Parking Included in Price
  • Deeded Parking Sold Separately

Home Design

  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 1,400 Sq Ft Home
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Bonus Room
  • Storage Room
  • Sauna
  • Wood Flooring
  • Partial Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Separate Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Accessible Home Design

  • Halls are 36 inches wide or more
  • Accessibility Features
  • Stair Lift
  • Doors swing in
  • Doors are 32 inches wide or more
  • More Than Two Accessible Exits
  • Entry Slope Less Than 1 Foot

Outdoor Features

Schools

  • Ogden Elementary School
  • Lawrence Elementary Middle School
  • Wells Community Academy Senior H High School

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, parking, insurance, doorman, tv/cable, exercise facilities, exterior maintenance, scavenger, snow removal
  • 131 Units
  • Mike Liposcak Association, Phone Number (312) 527-0980
  • Property managed by Building Group
  • 6-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Sundeck
  • Steam Room
  • Package Room
  • Community Storage Space
  • Elevator

Recreation

  • Park
  • Bike Trail

Pet Policy

  • Limit on the number of pets
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,546

Year Built

Built in 1905

Lot Details

0

HOA Fees

$788 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
  • Year Built: 1905
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: Yes
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 1
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 6

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: Partial
  • Accessibility Features: Two or More Access Exits, Door Width 32 Inches or More, Hall Width 36 Inches or More, Stair Lift, Swing In Door(s), Entry Slope less than 1 foot
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Sauna/Steam Room, Elevator, Hardwood Floors
  • LivingArea: 1400
  • Room Type: Bonus Room, Walk In Closet, Balcony/Porch/Lanai, Storage
  • Stories Total: 6
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Other
  • Bathroom Amenities: Separate Shower,Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • Foundation Details: Block
  • List Price: 450000
  • Lot Features: River Front
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick,Concrete

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Garage Details: Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Deeded Sold Separately
  • Garage Type: Attached
  • Parking: Garage
  • Deeded Garage Cost: 35000

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit
  • Association Fee: 788
  • Association Amenities: Bike Room/Bike Trails, Door Person, Elevator(s), Exercise Room, Storage, Health Club, Park, Sundeck, Receiving Room, Steam Room, Valet/Cleaner
  • Association Fee Frequency: Monthly
  • Management: Manager On-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Building Group
  • Management Contact Name: Mike Liposcak
  • Management Phone: 312-527-0980
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Parking, Insurance, Doorman, TV/Cable, Exercise Facilities, Exterior Maintenance, Scavenger, Snow Removal

Schools

  • Elementary School: Ogden Elementary
  • High School: Wells Community Academy Senior H
  • Middle/Junior School: Lawrence Elementary School
  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels Description: 17091260121171
  • Additional Parcels: Yes
  • Lot Dimensions: CONDO
  • Rural (Y/N): N
  • 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: 10545.98
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 131

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2024
Closed on
Apr 26, 2024
Sold by
Fitzpatrick Kevin
Bought by
Hawkins Peyton and Berry Michael
Seller's Agent
Melissa Siegal
@properties Christie's International Real Estate
Buyer's Agent
Jessika Zijdemans
Jameson Sotheby's Intl Realty
List Price
$450,000
Sold Price
$485,000
Premium/Discount to List
$35,000
7.78%
Views
66
Current Estimated Value
$533,560

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,560
Avg. Annual Appreciation
7.27%
Original Mortgage
$436,500
Outstanding Balance
$431,067
Interest Rate
7.5%
Mortgage Type
New Conventional
Estimated Equity
$102,493

Purchase Details

Closed on
Mar 1, 2000
Sold by
Burki Janet
Bought by
Fitzpatrick Kevin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,600
Interest Rate
6.87%

Purchase Details

Closed on
Mar 27, 1998
Sold by
Radovich Carolyn
Bought by
Burki Janet L

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
7.09%
Mortgage Type
Balloon
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
Hawkins Peyton $485,000 None Listed On Document
Fitzpatrick Kevin -- First American Title
Fitzpatrick Kevin -- First American Title
Burki Janet L $262,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hawkins Peyton $436,500
Previous Owner Fitzpatrick Kevin $130,000
Previous Owner Fitzpatrick Kevin $262,000
Previous Owner Fitzpatrick Kevin $266,600
Previous Owner Burki Janet L $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2024 05/01/24 Sold $485,000 +7.8% $346 / Sq Ft
03/08/2024 03/08/24 Pending -- -- --
02/07/2024 02/07/24 For Sale $450,000 -- $321 / 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 $10,240 $49,289 $7,207 $42,082
2023 $9,961 $51,850 $5,811 $46,039
2022 $9,961 $51,850 $5,811 $46,039
2021 $9,757 $51,850 $5,811 $46,039
2020 $9,030 $43,636 $4,483 $39,153
2019 $8,829 $47,375 $4,483 $42,892
2018 $8,680 $47,375 $4,483 $42,892
2017 $7,722 $39,247 $3,819 $35,428
2016 $7,361 $39,247 $3,819 $35,428
2015 $6,711 $39,247 $3,819 $35,428
2014 $3,950 $23,859 $2,391 $21,468
2013 $3,861 $23,859 $2,391 $21,468
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11975582

Midwest Real Estate Data (MRED)

APN: 17-09-126-012-1116