NOT LISTED FOR SALE

Estimated Value: $723,000 - $795,628

2 Beds
2 Baths
1,596 Sq Ft
$1,034/mo HOA Fee

Last Sold May 14, 2021

Last sale price $812,500 $509 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $6,301/month

220 Days on Market

Highlights

  • Whirlpool Bathtub
  • 1-minute walk to Madison/Wabash Station (Downtown Loop)
  • Attached Garage
  • South Loop Elementary School Rated 9+
  • Balcony
  • 5-minute walk to Millenium Park

About This Home

As of May 2021

1600 Square Foot Stunning corner unit at The Legacy with unobstructed views of Millennium Park, Lake Michigan and the City Skyline. This highly upgraded home features floor to ceiling windows, motorized shades thru-out, beautiful wide-plank hardwood floors, custom Danish lighting, spa like marble master bath with separate whirlpool tub. 2 walk in closets in master suite. Chef's kitchen with Sub Zero and Bosch SS appliances. Large NE facing terrace with spectacular views. This full amenity building features multiple skydecks, resident lounges, indoor lap pool, whirlpool, steam rooms, fitness center, dog run, dry cleaner and 24 hour door staff. The Legacy offers direct access to the University Club , one of the city's premier private clubs. Located steps from the Lake, Millennium Park and public transportation. Deeded parking an additional $50k

Last Agent to Sell the Property

Tony Madonia

@properties Christie's International Real Estate License #475126890 Listed on: 08/29/2020

@properties Christie's International Real Estate

Last Buyer's Agent

Matt Laricy

Americorp, Ltd License #471003711

Property Details

Home Type

  • Condominium

Year Built

  • 2009

Lot Details

  • 0.67

HOA Fees

  • $1,034 per month

Parking

  • Attached Garage
  • Garage Transmitter
  • Parking Included in Price

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Outdoor Features

Utilities

  • Central Air
  • Heating Available
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Amenities

  • Common Area

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Year Built

2009

Lot Details

0

HOA Fees

$1,034 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • Unit Floor Level: 48
  • Age: 11-15 Years
  • Full Bathrooms: 2
  • Ownership: Condo
  • Total Full or Half Bathrooms: 2
  • Estimated Year Built: 2009
  • Tax Exemptions: Homeowner
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 72
  • Year Built: 2009

Interior Features

  • Number Of Rooms: 5
  • Living Room: Dimensions: 24X16, On Level: Main Level, Flooring: Hardwood, Windows: Shades
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool, Separate Shower, Double Sink
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: COMBO, On Level: Main Level
  • Kitchen Type: Dimensions: 10X16, On Level: Main Level, Flooring: Hardwood
  • Additional Rooms: Balcony
  • Master Bedroom: Dimensions: 13X16, On Level: Main Level, Flooring: Carpet, Windows: Shades
  • Additional Room 1 Name: Balcony, Dimensions: 5X9, On Level: Main Level
  • Bedroom 2: Dimensions: 15X11, On Level: Main Level, Flooring: Carpet, Windows: Shades
  • Estimated Sq Ft: 1596

Exterior Features

  • Exterior Building Type: Glass

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Parking Included In Price: Yes
  • Deeded Garage Cost: 50000
  • Garage Ownership: Deeded Sold Separately

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Electric

Condo/Co-op/Association

  • Max Pet Weight: 999
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager On-site
  • Pet Information: Cats OK, Dogs OK
  • Common Area Amenities: Bike Room/Bike Trails, Door Person, Elevator, Storage, Health Club, On Site Manager/Engineer, Sundeck, Pool-Indoors, Receiving Room, Steam Room, Valet/Cleaner, Whirlpool
  • Assessment Includes: Water, Gas, Common Insurance, Doorman, TV/Cable, Clubhouse, Exercise Facilities, Pool, Exterior Maintenance, Scavenger, Snow Removal, Internet Access
  • Assessment Association Fees: 1034
  • Management Contact Name: Debbie Galassi
  • Management Phone: 312-332-2010

Fee Information

  • Management Company: Sudler

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON
  • Lot Description: Common Grounds
  • Parcel Identification Number: 17151010261690

Multi Family

  • Total Number Unitsin Building: 355
  • Number Stories: 72

Tax Info

  • Taxes: 15576.09

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2020
Closed on
May 10, 2021
Sold by
Jorgensen Henrik A and Brorson Pernille Gioanna
Bought by
Schott Bernard K and Ricco Meredith E
Seller's Agent
Tony Madonia
@properties Christie's International Real Estate
Buyer's Agent
Matt Laricy
Americorp, Ltd
List Price
$849,900
Sold Price
$812,500
Premium/Discount to List
-$37,400
-4.4%
Current Estimated Value
$759,407

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$53,093
Avg. Annual Appreciation
-1.44%
Original Mortgage
$650,000
Outstanding Balance
$583,342
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$176,065

Purchase Details

Listed on
Dec 3, 2018
Closed on
Mar 18, 2019
Sold by
Wismer Cynthia
Bought by
Jorgensen Henrik A and Brorson Pernille Gioanna
Seller's Agent
Kathleen Ullo
Coldwell Banker Realty
Buyer's Agent
Gail Spreen
Jameson Sotheby's Intl Realty
List Price
$850,000
Sold Price
$845,000
Premium/Discount to List
-$5,000
-0.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.82%
Original Mortgage
$345,000
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 24, 2010
Sold by
Monroe/Wabash Development Llc
Bought by
Smith Mark C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
5.02%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Schott Bernard K $812,500 Fidelity National Title
Jorgensen Henrik A $845,000 Chicago Title
Smith Mark C $1,047,000 Near North National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schott Bernard K $650,000
Previous Owner Jorgensen Henrik A $345,000
Previous Owner Smith Mark C $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/14/2021 05/14/21 Sold $812,500 0.0% $509 / Sq Ft
05/01/2021 05/01/21 Off Market $812,500 -- --
04/06/2021 04/06/21 Pending -- -- --
08/29/2020 08/29/20 For Sale $849,900 +0.6% $533 / Sq Ft
03/28/2019 03/28/19 Sold $845,000 -0.6% $529 / Sq Ft View Prior Sale
02/26/2019 02/26/19 Pending -- -- --
12/03/2018 12/03/18 For Sale $850,000 -- $533 / 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 $15,547 $75,281 $1,295 $73,986
2024 $15,547 $75,281 $1,295 $73,986
2023 $15,838 $77,005 $1,045 $75,960
2022 $15,838 $77,005 $1,045 $75,960
2021 $15,485 $77,003 $1,044 $75,959
2020 $16,558 $74,329 $945 $73,384
2019 $15,576 $80,956 $945 $80,011
2018 $15,850 $83,673 $945 $82,728
2017 $14,837 $72,300 $782 $71,518
2016 $14,053 $72,661 $782 $71,879
2015 $14,454 $81,501 $782 $80,719
2014 $10,522 $59,277 $704 $58,573
2013 $10,870 $62,396 $704 $61,692
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10839572

Midwest Real Estate Data (MRED)

APN: 17-15-101-026-1690