Seller's Agent in 2025
Tyler Stallings
Corcoran Urban Real Estate
(513) 680-3924
15 in this area
124 Total Sales
The Farallon 600 N Dearborn St Unit 708 Chicago, IL 60654
River North Neighborhood
1
Bed
1
Bath
720
Sq Ft
$606/mo
HOA Fee
Highlights
- Doorman
- 3-minute walk to Grand Avenue Station (Red Line)
- Party Room
- Fitness Center
- Wood Flooring
- Sundeck
About This Home
As of April 2025Situated in the heart of River North, this updated residence offers stunning southern exposure and a private balcony boasting panoramic views of the Chicago Skyline, including Sears Tower. The updated kitchen features white cabinets, stainless steel appliances, and stone countertops. Renovated bathroom is highlighted by floor to ceiling glass tile, Robern medicine cabinet, Carrara marble floors, and a glass enclosed shower, complete with a rain shower head. Hardwood floors and organized closets throughout, including the large walk-in closet in the bedroom. In unit laundry. Storage included. One parking space available for an additional $30K. All of this located in the Farallon, a full-service building with 24-hour door staff, on site management, exercise room, sundeck, and hospitality suite for guests.
Last Agent to Sell the Property
Corcoran Urban Real Estate License #475173020 Listed on: 02/19/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,897
Year Built
- Built in 2001
HOA Fees
- $606 Monthly HOA Fees
Parking
- 1 Car Garage
- Parking Included in Price
Home Design
- Entry on the 7th floor
- Concrete Block And Stucco Construction
Interior Spaces
- 720 Sq Ft Home
- Ceiling Fan
- Family Room
- Living Room
- Dining Room
- Wood Flooring
Kitchen
- Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Disposal
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Potential Bedroom
- Walk-In Closet
- 1 Full Bathroom
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
Schools
- Ogden Elementary School
- Wells Community Academy Senior H High School
Utilities
- Forced Air Heating and Cooling System
- 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, insurance, doorman, tv/cable, exercise facilities, exterior maintenance, lawn care, scavenger, snow removal, internet
- 162 Units
- Dominique B. Davis Association, Phone Number (312) 643-5185
- High-Rise Condominium
- Farallon Subdivision
- Property managed by Sudler Property Management
- 20-Story Property
Amenities
- Doorman
- Valet Parking
- Sundeck
- Party Room
- Elevator
- Package Room
Recreation
- Bike Trail
Pet Policy
- Pets up to 25 lbs
- Dogs and Cats Allowed
Security
- Resident Manager or Management On Site
- Storm Screens
- Fire Sprinkler System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 19, 2025
Closed on
Mar 27, 2025
Sold by
Sery Andrew
Bought by
Pearson Robert and Pearson Katharine L
Seller's Agent
Tyler Stallings
Corcoran Urban Real Estate
Buyer's Agent
David Schwartz
Baird & Warner
List Price
$325,000
Sold Price
$340,000
Premium/Discount to List
$15,000
4.62%
Views
10
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
-$14,075
Avg. Annual Appreciation
-5.55%
Original Mortgage
$255,000
Outstanding Balance
$253,890
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$72,035
Purchase Details
Listed on
Jul 27, 2021
Closed on
Sep 27, 2021
Sold by
Peltason Keith M
Bought by
Sery Andrew
Seller's Agent
Nick Libert
EXIT Strategy Realty
Buyer's Agent
Theo Jordan
Compass
List Price
$299,900
Sold Price
$317,500
Premium/Discount to List
$17,600
5.87%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.97%
Original Mortgage
$311,748
Interest Rate
3.25%
Mortgage Type
FHA
Purchase Details
Closed on
Mar 11, 2012
Sold by
Luengas Alfonso A and Luengas Julie D
Bought by
Peredo Rebecca and Peredo Juan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,500
Interest Rate
2.99%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 27, 2009
Sold by
Hayes Robert R
Bought by
Luengas Alfonso A and Luengas Julie D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,200
Interest Rate
4.83%
Mortgage Type
Unknown
Purchase Details
Closed on
Sep 10, 2001
Sold by
Farallon Development Group Llc
Bought by
Hayes Richard E
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 | $340,000 | None Listed On Document | |
| Warranty Deed | $317,500 | Attorneys Ttl Guaranty Fund | |
| Warranty Deed | $242,000 | Cti | |
| Administrators Deed | $251,500 | Atg | |
| Warranty Deed | $207,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $255,000 | New Conventional | |
| Previous Owner | $311,748 | FHA | |
| Previous Owner | $181,500 | New Conventional | |
| Previous Owner | $201,200 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/01/2025 04/01/25 | Sold | $340,000 | +4.6% | $472 / Sq Ft | |
| 02/23/2025 02/23/25 | Pending | -- | -- | -- | |
| 02/19/2025 02/19/25 | For Sale | $325,000 | 0.0% | $451 / Sq Ft | |
| 02/18/2025 02/18/25 | Price Changed | $325,000 | +2.4% | $451 / Sq Ft | |
| 09/29/2021 09/29/21 | Sold | $317,500 | +5.9% | $441 / Sq Ft | View Prior Sale |
| 08/10/2021 08/10/21 | Pending | -- | -- | -- | |
| 07/27/2021 07/27/21 | For Sale | $299,900 | -0.9% | $417 / Sq Ft | |
| 04/13/2016 04/13/16 | Sold | $302,500 | +6.1% | $420 / Sq Ft | View Prior Sale |
| 03/08/2016 03/08/16 | Pending | -- | -- | -- | |
| 02/25/2016 02/25/16 | For Sale | $285,000 | -- | $396 / 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 | $4,190 | $21,663 | $1,053 | $20,610 |
| 2023 | $4,063 | $23,178 | $850 | $22,328 |
| 2022 | $4,063 | $23,178 | $850 | $22,328 |
| 2021 | $3,991 | $23,176 | $849 | $22,327 |
| 2020 | $4,099 | $21,502 | $655 | $20,847 |
| 2019 | $4,003 | $23,354 | $655 | $22,699 |
| 2018 | $3,935 | $23,354 | $655 | $22,699 |
| 2017 | $3,684 | $20,487 | $558 | $19,929 |
| 2016 | $3,603 | $20,487 | $558 | $19,929 |
| 2015 | $3,274 | $20,487 | $558 | $19,929 |
| 2014 | $2,935 | $15,821 | $436 | $15,385 |
| 2013 | $2,877 | $15,821 | $436 | $15,385 |
Source: Public Records
Agents Affiliated with this Home
-
Tyler Stallings
-
David Schwartz
Buyer's Agent in 2025
David Schwartz
Baird Warner
(224) 392-1641
1 in this area
117 Total Sales
-
Nick Libert
Seller's Agent in 2021
Nick Libert
EXIT Strategy Realty
(312) 493-0920
4 in this area
147 Total Sales
-
Theo Jordan
Buyer's Agent in 2021
Theo Jordan
Compass
(847) 853-9676
2 in this area
107 Total Sales
-
Karen Breen Elia
Seller's Agent in 2016
Karen Breen Elia
RE/MAX
(773) 230-4294
22 Total Sales
About The Farallon
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12270125
APN: 17-09-233-025-1017
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