NOT LISTED FOR SALE

Estimated Value: $493,000 - $550,000

2 Beds
2 Baths
1,494 Sq Ft
$1,230/ mo HOA Fee

Last Sold April 15, 2024

Last sale price $565,000 $378 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $4,732/month

5 Days on Market

Highlights

  • Doorman
  • 3-minute walk to Grand Avenue Station (Red Line)
  • Wood Flooring
  • Fitness Center
  • Double Shower
  • Party Room

About This Home

As of April 2024

Welcome to Unit 1308 at The Farallon in River North, where luxe style meets urban living. Boasting one of the largest layouts in the building, this gorgeous abode has been meticulously updated from top to bottom. Upon entering the unit, your attention is instantly drawn to the spacious open concept and gleaming hardwood floors throughout. The living room has been thoughtfully designed with custom built-in shelving and cabinetry, along with shelf lighting. Care for a drink? Grab a beverage from the convenient built-in mini bar with a wine/beverage cooler and enjoy the ambiance of the electric fireplace. Then head over to the updated kitchen with all new stainless steel appliances, new backsplash, and new tile flooring where you can perfect your favorite recipes. The sizable pantry is a definite bonus. Smartly tucked in the corner of the kitchen is the laundry room with in-unit washer/dryer, new tile flooring, and additional storage. Enjoy your meal in the dining room, which includes a custom-built coffee bar with a water-resistant butcher block countertop. On days where you wish to bask in the sun or gaze at the moon, the oversized 4x24 balcony is the perfect spot to take in the south-facing, Instagrammable city views - simply stunning! Restore and relax in the primary bedroom that offers a walk-in closet, secondary closet, as well as a completely remodeled en suite with double vanity. The secondary bedroom also offers a walk-in closet and is adjacent to the second full bath. Both bedrooms feature floor-to-ceiling windows opening this unit up to an abundance of natural light. NEW UPDATES (2022) include custom-built coffee bar in the dining room and cabinetry above the wine bar; (2021) fresh painting throughout, refinished hardwood flooring throughout, new tile flooring in kitchen/laundry room, custom-built shelving/cabinetry in living room with electric fireplace, all new stainless steel kitchen appliances, kitchen backsplash, complete remodel of the primary bath, waterproof flooring in bedrooms, light fixtures throughout, four Nest thermostats, and so much more! Inquire for the full list of updates. A separate storage cage is included. A deeded, premium garage space (extra-long) in the attached garage is offered at $30,000. Residing at The Farallon is a dream come true. Prepare to be greeted by the friendliest 24-hour door staff and management who will likely remember you by name. Amenities in the pet-friendly building include an exercise facility with an outdoor terrace, a bike room, and a hospitality suite for guests, which can double as a meeting/party room. HOA includes heat, A/C, water, gas, TV/cable, Wi-Fi/Internet access, scavenger (trash and recycling), and more. In an unbeatable location with close proximity to everything you need - public transit, Interstate highway, restaurants, retail, art galleries, comedy clubs, nightlife, and so much more. There is truly no place like home, especially this home.

Last Agent to Sell the Property

Amy Wu

Keller Williams Success Realty License #475186618 Listed on: 02/28/2024

Keller Williams Success Realty

Last Buyer's Agent

Matt Laricy

Americorp, Ltd License #471003711

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,816

Year Built

  • Built in 2001

Lot Details

  • 0.3

HOA Fees

  • $1,230 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage ceiling height seven feet or more
  • Garage Transmitter
  • Deeded Parking Sold Separately

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,494 Sq Ft Home
  • Built-In Features
  • Electric Fireplace
  • Sliding Doors
  • Living Room with Fireplace
  • Storage
  • Wood Flooring

Kitchen

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

Bedrooms and Bathrooms

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

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

Schools

  • Ogden Elementary
  • Wells Community Academy Senior H High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Individual Controls for Heating
  • Lake Michigan Water
  • Cable TV Available

Additional Features

  • Additional Parcels

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include heat, air conditioning, water, gas, parking, insurance, doorman, tv/cable, exercise facilities, exterior maintenance, lawn care, scavenger, snow removal, internet
  • 162 Units
  • Dominique B. Davis Association, Phone Number (312) 643-5122
  • High-Rise Condominium
  • Property managed by Sudler
  • 20-Story Property

Amenities

  • Doorman
  • Party Room
  • Elevator
  • Community Storage Space

Recreation

  • Bike Trail

Pet Policy

  • Pets up to 25 lbs
  • Limit on the number of pets
  • Pet Size Limit
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site
  • Carbon Monoxide Detectors
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,816

Year Built

Built in 2001

Lot Details

0.3 Acres

HOA Fees

$1,230 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,High Rise (7+ Stories)
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,High Rise (7+ Stories)
  • Year Built: 2001
  • Age: 21-25 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 13
  • New Construction Y/N: No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 20

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Electric
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit, Storage, Built-in Features, Walk-In Closet(s)
  • LivingArea: 1494
  • Other Equipment: TV-Cable, Fire Sprinklers, CO Detectors
  • Room Type: Balcony/Porch/Lanai, Walk In Closet
  • Stories Total: 20
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Double Sink,Double Shower
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Door Features: Sliding Glass Door(s)
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Balcony
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Garage Details: Transmitter(s),7 Foot or more high garage door
  • Garage On-Site: Yes
  • Garage Ownership: Deeded Sold Separately
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Zoned
  • Electric: Circuit Breakers
  • Heating: Electric, Forced Air, Sep Heating Systems - 2+, Indv Controls, Zoned
  • Laundry Features: Gas Dryer Hookup, In Unit, Laundry Closet
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit, Size Limit
  • Association Fee: 1230
  • Association Amenities: Bike Room/Bike Trails, Door Person, Elevator(s), Exercise Room, Storage, On Site Manager/Engineer, Party Room
  • 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 Contact Name: Dominique B. Davis
  • Management Phone: 312-643-5122
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

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

Lot Info

  • Additional Parcels: Yes
  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 25

Tax Info

  • Tax Annual Amount: 9816.08
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 162

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2024
Closed on
Apr 11, 2024
Sold by
Taylor Anastacia and Anton Nicholas R
Bought by
Starr Emily Yiming
Seller's Agent
Amy Wu
Keller Williams Success Realty
Buyer's Agent
Matt Laricy
Americorp, Ltd
List Price
$549,900
Sold Price
$565,000
Premium/Discount to List
$15,100
2.75%
Views
18
Current Estimated Value
$519,639

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$45,361
Avg. Annual Appreciation
-4.27%
Original Mortgage
$327,700
Outstanding Balance
$321,271
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$198,368

Purchase Details

Listed on
Feb 2, 2021
Closed on
May 20, 2021
Sold by
Michoud Laurent and Michoud Anne
Bought by
Anton Nicholas R and Taylor Anastacia
Seller's Agent
Lance Kirshner
Compass
Buyer's Agent
Amy Wu
Keller Williams Success Realty
List Price
$475,000
Sold Price
$465,000
Premium/Discount to List
-$10,000
-2.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.97%
Original Mortgage
$275,000
Interest Rate
2.12%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 7, 2015
Closed on
Aug 27, 2015
Sold by
Sweeney Dolores and Larose Roger
Bought by
Michoud Laurent and Michoud Anne
Seller's Agent
Scott Newman
Keller Williams ONEChicago
Buyer's Agent
Lance Kirshner
Compass
List Price
$535,000
Sold Price
$540,000
Premium/Discount to List
$5,000
0.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.58%
Original Mortgage
$310,000
Interest Rate
3.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 30, 2002
Sold by
Farallon Development Group Llc
Bought by
Sweeney Dolores
Source: Public Records
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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
Starr Emily Yiming $535,000 None Listed On Document
Anton Nicholas R $465,000 Proper Title Llc
Michoud Laurent $540,000 Chicago Title Insurance Co
Sweeney Dolores $437,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Starr Emily Yiming $327,700
Previous Owner Anton Nicholas R $275,000
Previous Owner Michoud Laurent $310,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/15/2024 04/15/24 Sold $565,000 +2.7% $378 / Sq Ft
03/05/2024 03/05/24 Pending -- -- --
02/28/2024 02/28/24 For Sale $549,900 +18.3% $368 / Sq Ft
05/25/2021 05/25/21 Sold $465,000 -2.1% $323 / Sq Ft View Prior Sale
04/14/2021 04/14/21 Pending -- -- --
02/02/2021 02/02/21 For Sale $475,000 -12.0% $330 / Sq Ft
09/11/2015 09/11/15 Sold $540,000 +0.9% $380 / Sq Ft View Prior Sale
07/30/2015 07/30/15 Pending -- -- --
07/07/2015 07/07/15 For Sale $535,000 -- $377 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $9,224 $45,278 $2,201 $43,077
2024 $9,224 $45,278 $2,201 $43,077
2023 $8,971 $47,035 $1,776 $45,259
2022 $8,971 $47,035 $1,776 $45,259
2021 $8,788 $47,034 $1,775 $45,259
2020 $9,321 $44,943 $1,369 $43,574
2019 $9,119 $48,816 $1,369 $47,447
2018 $8,964 $48,816 $1,369 $47,447
2017 $8,492 $42,822 $1,166 $41,656
2016 $8,077 $42,822 $1,166 $41,656
2015 $7,366 $42,822 $1,166 $41,656
2014 $5,659 $33,070 $912 $32,158
2013 $5,536 $33,070 $912 $32,158
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11988716

Midwest Real Estate Data (MRED)

APN: 17-09-233-025-1089

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