NOT LISTED FOR SALE

Estimated Value: $423,000 - $435,188

2 Beds
2 Baths
-- Sq Ft
$982/mo HOA Fee

Last Sold June 30, 2023

Last sale price $412,000

Est. 4% increase in value since last sale

Current estimated payment $3,929/month

23 Days on Market

Highlights

  • 1 Car Attached Garage
  • 3-minute walk to Grand Avenue Station (Red Line)
  • Central Air
  • Living Room
  • Laundry Room
  • Dining Room

About This Home

As of June 2023

Spacious corner preferred split 2 bed/2 bath unit with open north views and tons of natural light. Features include: Hardwood floors, granite counters, stainless steel appliances, floor to ceiling windows, organized closet, full size stackable washer/dryer and a balcony. Assessments include: Gas, heat, air conditioning, water, basic cable, and internet. Building offers: Manager on site, 24 hour-door staff, exercise room, sun deck, dry cleaners, and a guest suite for visitors. The Farallon is located in the heart of River North, walking distance to the loop, Whole Foods, Trader Joe's, Jewel Osco, CTA red line, limitless shopping, dining, art galleries and easy access to 90/94 highways. Parking is additional. Can close after June

Last Agent to Sell the Property

Danielle Devito

@properties Christie's International Real Estate License #475139242 Listed on: 04/03/2023

@properties Christie's International Real Estate

Last Buyer's Agent

Kurt Hulsebus

Chiproplocator, INC License #471011487

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,100

Year Built

  • Built in 1997

Lot Details

  • 0.3

HOA Fees

  • $982 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Parking Included in Price

Interior Spaces

  • Family Room
  • Living Room
  • Dining Room
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Utilities

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

Community Details

Overview

  • Association fees include heat, air conditioning, water, parking, doorman, tv/cable, exercise facilities, exterior maintenance, lawn care, scavenger, snow removal, internet
  • 161 Units
  • Maggie Seban Association, Phone Number (312) 643-5512
  • Property managed by Sudler
  • 20-Story Property

Pet Policy

  • Pets up to 25 lbs
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,100

Year Built

Built in 1997

Lot Details

0

HOA Fees

$982 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: 1997
  • Age: 26-30 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 13
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 20

Interior Features

  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Room Type: No additional rooms
  • Stories Total: 20
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0

Exterior Features

  • Lot Features: None
  • Waterfront: No
  • Exterior Building Type: Concrete,Combination

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage On-Site: Yes
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 982
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Not Required
  • Management Company: Sudler
  • Management Contact Name: Maggie Seban
  • Management Phone: 312-643-5512
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Lot Info

  • Lot Dimensions: CONDO
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 25

Tax Info

  • Tax Annual Amount: 8100.16
  • Tax Year: 2021
  • Tax Exemptions: None

Multi Family

  • Units in Building: 161

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2023
Closed on
Jun 21, 2023
Sold by
Shah Jayraj C
Bought by
Shah Jayraj C
Seller's Agent
Danielle Devito
@properties Christie's International Real Estate
Buyer's Agent
Kurt Hulsebus
Chiproplocator, INC
List Price
$395,000
Sold Price
$412,000
Premium/Discount to List
$17,000
4.3%
Views
47
Current Estimated Value
$427,797

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,797
Avg. Annual Appreciation
1.63%

Purchase Details

Closed on
Jun 20, 2008
Sold by
Jackson Charles W and Jackson Kara S
Bought by
Shah Jayraj C and Shah Rohan Jayraj

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
5.96%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 8, 2006
Sold by
Shah Priti
Bought by
Jackson Charles W and Jackson Kara S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,000
Interest Rate
6.2%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 9, 2002
Sold by
Ratny Ruth L
Bought by
Shah Priti

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,250
Interest Rate
7.16%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Nov 7, 2001
Sold by
Farallon Development Group Llc
Bought by
Ratny Ruth L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,500
Interest Rate
9.75%
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
Shah Jayraj C -- Proper Title
Shah Jayraj C $409,000 Chicago Title Insurance Co
Jackson Charles W $385,000 First American Title Ins Co
Shah Priti $312,000 --
Ratny Ruth L $342,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shah Jayraj C $325,000
Previous Owner Jackson Charles W $77,000
Previous Owner Jackson Charles W $308,000
Previous Owner Shah Priti $76,250
Previous Owner Ratny Ruth L $297,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2023 06/30/23 Sold $412,000 +4.3% --
04/27/2023 04/27/23 Pending -- -- --
04/09/2023 04/09/23 For Sale $395,000 0.0% --
04/09/2023 04/09/23 Off Market $395,000 -- --
04/03/2023 04/03/23 For Sale $395,000 -- --
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 $8,499 $37,649 $1,830 $35,819
2023 $8,285 $40,281 $1,476 $38,805
2022 $8,285 $40,281 $1,476 $38,805
2021 $8,100 $40,281 $1,476 $38,805
2020 $8,325 $37,370 $1,138 $36,232
2019 $8,155 $40,591 $1,138 $39,453
2018 $8,018 $40,591 $1,138 $39,453
2017 $7,665 $35,607 $969 $34,638
2016 $7,132 $35,607 $969 $34,638
2015 $6,525 $35,607 $969 $34,638
2014 $5,102 $27,498 $759 $26,739
2013 $5,001 $27,498 $759 $26,739
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11692486

Midwest Real Estate Data (MRED)

APN: 17-09-233-025-1091