The Farallon 600 N Dearborn St Unit 1408 Chicago, IL 60654
River North Neighborhood
2
Beds
2
Baths
1,420
Sq Ft
$867/mo
HOA Fee
Highlights
- Den
- 3-minute walk to Grand Avenue Station (Red Line)
- Walk-In Closet
- Balcony
- Attached Garage
- Forced Air Heating and Cooling System
About This Home
As of August 2018Spacious 2 bed 2 bat plus den in the heart of River North with all south-facing windows and stunning city skyline views! Lots of upgrades, including sustainable bamboo wood flooring throughout, $12,000+ worth of professionally designed built-in organization in all closets, pantry, and linen closets, custom glass shower doors in baths, and some newer appliances. Master Suite has a walk-in closet and private bath with separate tub and shower. Laundry room and pantry with washer / dryer in-unit. Den is currently open to the living room but can be enclosed. Door Person Building, with sun deck, exercise facilities, party room and guest suite for visitors. Restaurants, nightlife, shopping and public transportation all out your door! Heat, Air, TV / Cable and internet are all included in the assessment. Garage Parking is additional $30,000.
Last Agent to Sell the Property
Coldwell Banker Realty License #475151927 Listed on: 06/25/2018
Last Buyer's Agent
Kevin Johnson
Berkshire Hathaway HomeServices Chicago License #475155337
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $10,053
Year Built
- 2002
HOA Fees
- $867 per month
Parking
- Attached Garage
- Garage Door Opener
Home Design
- Concrete Siding
Bedrooms and Bathrooms
- Walk-In Closet
- Primary Bathroom is a Full Bathroom
- Separate Shower
Utilities
- Forced Air Heating and Cooling System
- Lake Michigan Water
Additional Features
- Den
Community Details
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 25, 2018
Closed on
Aug 2, 2018
Sold by
Jain Poonam
Bought by
Shah Ketan and Shah Pooja
Seller's Agent
Ben Bodelson
Coldwell Banker Realty
Buyer's Agent
Kevin Johnson
Berkshire Hathaway HomeServices Chicago
List Price
$495,000
Sold Price
$515,000
Premium/Discount to List
$20,000
4.04%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$36,426
Avg. Annual Appreciation
-1.66%
Original Mortgage
$412,000
Interest Rate
4.12%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 5, 2012
Sold by
Jain Krishna M and Jain Poonam
Bought by
Jain Poonam and Poonam Jain Trust
Purchase Details
Listed on
Mar 30, 2012
Closed on
Jun 26, 2012
Sold by
Shipley Joshua and Shipley Melissa
Bought by
Jain Krishna M and Jain Poonam
Seller's Agent
Randy Shipley
Dream Town Real Estate
Buyer's Agent
Ben Bodelson
Coldwell Banker Realty
List Price
$399,900
Sold Price
$410,000
Premium/Discount to List
$10,100
2.53%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.84%
Original Mortgage
$328,000
Interest Rate
3.77%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Feb 20, 2004
Sold by
Polyack Dolares and Polyak Emmanuel
Bought by
Shipley Joshua and Shipley Melissa
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,600
Interest Rate
4.62%
Mortgage Type
Unknown
Purchase Details
Closed on
Jan 10, 2002
Sold by
Farallon Development Group Llc
Bought by
Polyak Dolares
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,000
Interest Rate
7.07%
Mortgage Type
Balloon
Similar Homes in Chicago, IL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $515,000 | Chicago Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $410,000 | None Available | |
| Warranty Deed | $407,000 | Atg | |
| Warranty Deed | $426,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $100,000 | New Conventional | |
| Open | $383,800 | Stand Alone Refi Refinance Of Original Loan | |
| Closed | $396,000 | New Conventional | |
| Closed | $412,000 | New Conventional | |
| Previous Owner | $300,000 | New Conventional | |
| Previous Owner | $328,000 | New Conventional | |
| Previous Owner | $328,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $272,000 | New Conventional | |
| Previous Owner | $289,000 | Unknown | |
| Previous Owner | $100,000 | Credit Line Revolving | |
| Previous Owner | $325,600 | Unknown | |
| Previous Owner | $396,000 | Balloon | |
| Closed | $31,400 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/14/2018 08/14/18 | Sold | $515,000 | +4.0% | $363 / Sq Ft |
| 06/25/2018 06/25/18 | Pending | -- | -- | -- |
| 06/25/2018 06/25/18 | For Sale | $495,000 | +20.7% | $349 / Sq Ft |
| 06/26/2012 06/26/12 | Sold | $410,000 | +2.5% | $289 / Sq Ft |
| 04/21/2012 04/21/12 | Pending | -- | -- | -- |
| 04/12/2012 04/12/12 | For Sale | $399,900 | 0.0% | $282 / Sq Ft |
| 04/12/2012 04/12/12 | Pending | -- | -- | -- |
| 03/30/2012 03/30/12 | For Sale | $399,900 | -- | $282 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $10,053 | $44,536 | $2,165 | $42,371 |
| 2023 | $9,800 | $47,650 | $1,747 | $45,903 |
| 2022 | $9,800 | $47,650 | $1,747 | $45,903 |
| 2021 | $9,582 | $47,648 | $1,746 | $45,902 |
| 2020 | $9,848 | $44,206 | $1,346 | $42,860 |
| 2019 | $9,647 | $48,015 | $1,346 | $46,669 |
| 2018 | $9,485 | $48,015 | $1,346 | $46,669 |
| 2017 | $9,067 | $42,120 | $1,147 | $40,973 |
| 2016 | $8,436 | $42,120 | $1,147 | $40,973 |
| 2015 | $7,718 | $42,120 | $1,147 | $40,973 |
| 2014 | $6,035 | $32,527 | $897 | $31,630 |
| 2013 | $5,916 | $32,527 | $897 | $31,630 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2018
Ben Bodelson
Coldwell Banker Realty
(312) 259-0830
2 in this area
53 Total Sales
-
K
Buyer's Agent in 2018
Kevin Johnson
Berkshire Hathaway HomeServices Chicago
-
R
Seller's Agent in 2012
Randy Shipley
Dream Town Real Estate
About The Farallon
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD09997409
APN: 17-09-233-025-1100
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