Seller's Agent in 2023
Ben Lalez
Compass
(312) 789-4054
49 in this area
1,384 Total Sales
The Farallon 600 N Dearborn St Unit 601 Chicago, IL 60654
River North NeighborhoodEstimated Value: $432,000 - $554,317
2
Beds
2
Baths
--
Sq Ft
$1,133/mo
HOA Fee
Highlights
- Doorman
- 3-minute walk to Grand Avenue Station (Red Line)
- Wood Flooring
- Fitness Center
- Lock-and-Leave Community
- End Unit
About This Home
As of February 2023Prime River North corner unit filled with natural light, that delivers an open floor plan flowing thru the floor to ceiling windows & out to an expansive private terrace boasting captivating city views - perfect for entertaining while nestled in a full amenity building. The open kitchen provides stainless steel refrigerator & brand new dishwasher, pristine white cabinets, as well as a breakfast bar with seating which floats into the airy living & dining areas over beautifully refinished hardwood floors and out to the sweeping 39' x 30' private terrace - well suited for morning coffee, dinner with friends, lounging cocktails or relaxing with a book. The spacious master suite is complete with a walk thru closet and natural stone bath, dual vanities, separate shower, & a deep, soaking tub. Split bedrooms. In unit washer & dryer, built-in surround sound, and plenty of storage & custom closet shelving. Terrace has plug & hose for potential to add wet bar or hot tub. Enjoy this luxurious full amenity building boasting: 24 hr door staff, on-site property management, hospitality suite as a party room or as a hotel room for guests, dry cleaning lockers, sundeck, and fitness center. Great location. Proximity to Red, Brown, & Purple El Trains, the Loop, Lake Shore Drive, Highway 90 / 94 Kennedy Expressway, 290 Eisenhower Expressway, & Lower Wacker Drive. Chicago River Walk, Merchandise Mart, The Magnificent Mile, & Lake Michigan's Ohio St Beach. Whole Foods, Trader Joe's, & boutiques. 1 deeded parking space available for additional $25k.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $11,320
Year Built
- Built in 2001 | Remodeled in 2019
Lot Details
- End Unit
- Additional Parcels
HOA Fees
- $1,133 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Heated Garage
- Garage Door Opener
- Parking Included in Price
Home Design
- Brick Exterior Construction
Interior Spaces
- Built-In Features
- Entrance Foyer
- Living Room
- Dining Room
- Storage
- Wood Flooring
Kitchen
- Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
- Dual Sinks
- Soaking Tub
- Separate Shower
Laundry
- Laundry in unit
- Dryer
- Washer
Home Security
Outdoor Features
- Terrace
Schools
- Ogden Elementary
- Wells Community Academy Senior H High School
Utilities
- Central Air
- Heating System Uses Natural Gas
- 200+ Amp Service
- Lake Michigan Water
Community Details
Overview
- Association fees include heat, water, gas, insurance, doorman, tv/cable, exercise facilities, exterior maintenance, lawn care, scavenger, snow removal, internet
- 161 Units
- Maggie Seban Association, Phone Number (312) 643-5122
- Property managed by Sudler
- Lock-and-Leave Community
- 22-Story Property
Amenities
- Doorman
- Sundeck
- Party Room
- Elevator
- Package Room
Recreation
- Bike Trail
Pet Policy
- Pet Deposit Required
- Dogs and Cats Allowed
Security
- Resident Manager or Management On Site
- Carbon Monoxide Detectors
- Fire Sprinkler System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 4, 2023
Closed on
Feb 1, 2023
Sold by
Ekierman Cyril
Bought by
Michals Tyler
Seller's Agent
Ben Lalez
Compass
Buyer's Agent
Helaine Cohen
Berkshire Hathaway HomeServices Chicago
List Price
$385,000
Sold Price
$400,000
Premium/Discount to List
$15,000
3.9%
Views
37
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
$74,772
Avg. Annual Appreciation
6.50%
Purchase Details
Listed on
Mar 3, 2016
Closed on
Mar 29, 2016
Sold by
Liu Alan
Bought by
Ekierman Cyril
Seller's Agent
Juana Honeycutt
Compass
Buyer's Agent
Cleo Aquino
Habloft LLC
List Price
$465,000
Sold Price
$485,000
Premium/Discount to List
$20,000
4.3%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.77%
Purchase Details
Closed on
Jul 14, 2009
Sold by
Bennett Stephen
Bought by
Liu Alan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,250
Interest Rate
5.32%
Mortgage Type
Unknown
Purchase Details
Closed on
Aug 24, 2007
Sold by
Hawthorne Adam and Nelson Megan
Bought by
Bennett Stephen
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
6.71%
Mortgage Type
Unknown
Purchase Details
Closed on
May 16, 2006
Sold by
Mcbride James Joseph and Mcbride Michelle Meklir
Bought by
Hawthorne Adam and Nelson Megan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$373,500
Interest Rate
7.37%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Feb 28, 2003
Sold by
Mcbride James J
Bought by
Mcbride James Joseph and Mcbride Michelle Meklir
Purchase Details
Closed on
Oct 18, 2001
Sold by
Mcbride James Joseph
Bought by
Mcbride James J and James J Mcbride Trust
Purchase Details
Closed on
Aug 28, 2001
Sold by
Farallon Development Group Llc
Bought by
Mcbride James Joseph
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Michals Tyler | $400,000 | Chicago Title | |
| Ekierman Cyril | $485,000 | Chicago Title | |
| Liu Alan | $395,000 | Mtc | |
| Bennett Stephen | $475,000 | Multiple | |
| Hawthorne Adam | $415,000 | Chicago Title Insurance Co | |
| Mcbride James Joseph | -- | Chicago Title Insurance Comp | |
| Mcbride James J | -- | Prairie Title | |
| Mcbride James Joseph | $469,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Liu Alan | $296,250 | |
| Previous Owner | Bennett Stephen | $380,000 | |
| Previous Owner | Hawthorne Adam | $373,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/07/2023 02/07/23 | Sold | $400,000 | +3.9% | -- | |
| 01/28/2023 01/28/23 | Pending | -- | -- | -- | |
| 01/04/2023 01/04/23 | For Sale | $385,000 | -20.6% | -- | |
| 03/28/2016 03/28/16 | Sold | $485,000 | +4.3% | $420 / Sq Ft | View Prior Sale |
| 03/10/2016 03/10/16 | Pending | -- | -- | -- | |
| 03/03/2016 03/03/16 | For Sale | $465,000 | -- | $403 / 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 | $11,241 | $49,798 | $2,421 | $47,377 |
| 2023 | $10,958 | $53,280 | $1,953 | $51,327 |
| 2022 | $10,958 | $53,280 | $1,953 | $51,327 |
| 2021 | $10,714 | $53,278 | $1,952 | $51,326 |
| 2020 | $11,011 | $49,429 | $1,505 | $47,924 |
| 2019 | $10,786 | $53,687 | $1,505 | $52,182 |
| 2018 | $10,605 | $53,687 | $1,505 | $52,182 |
| 2017 | $10,138 | $47,096 | $1,282 | $45,814 |
| 2016 | $8,933 | $47,096 | $1,282 | $45,814 |
| 2015 | $8,149 | $47,096 | $1,282 | $45,814 |
| 2014 | $6,272 | $36,371 | $1,003 | $35,368 |
| 2013 | $6,137 | $36,371 | $1,003 | $35,368 |
Source: Public Records
Agents Affiliated with this Home
-
Ben Lalez
-
Helaine Cohen
Buyer's Agent in 2023
Helaine Cohen
Berkshire Hathaway HomeServices Chicago
(312) 953-0961
13 in this area
95 Total Sales
-
Juana Honeycutt
Seller's Agent in 2016
Juana Honeycutt
Compass
(773) 968-6625
6 in this area
150 Total Sales
-
C
Buyer's Agent in 2016
Cleo Aquino
Habloft LLC
About The Farallon
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11695230
APN: 17-09-233-025-1001
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