NOT LISTED FOR SALE

Estimated Value: $276,956 - $379,000

1 Bed
1 Bath
720 Sq Ft
$606/ mo HOA Fee

Last Sold April 01, 2025

Last sale price $340,000 $472 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $2,643/month

3 Days on Market

Highlights

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

About This Home

As of April 2025

Situated 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

Tyler Stallings

Corcoran Urban Real Estate License #475173020 Listed on: 02/19/2025

Corcoran Urban Real Estate

Last Buyer's Agent

David Schwartz

Baird & Warner License #475162733

Baird & Warner

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,897

Year Built

  • Built in 2001

Lot Details

  • 0.3

HOA Fees

  • $606 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Heated Garage
  • Garage Door Opener
  • Parking Included in Price
  • Deeded Parking

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
  • Community Storage Space

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,897

Year Built

Built in 2001

Lot Details

0.3 Acres

HOA Fees

$606 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: High Rise (7+ Stories)
  • Ownership: Condo
  • EntryLevel: 7
  • New Construction: No
  • Property Sub-Type: High Rise (7+ Stories)
  • Subdivision Name: Farallon
  • Year Built: 2001
  • Age: 21-25 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • MRD_WaterViewYN: 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: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Interior Amenities: Hardwood Floors, Walk-In Closet(s)
  • LivingArea: 720
  • Other Equipment: TV-Cable, Fire Sprinklers, Ceiling Fan(s)
  • Room Type: Balcony/Porch/Lanai, Walk In Closet
  • Stories Total: 20
  • Estimated Total Finished Sq Ft: 0
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Flooring: Hardwood
  • ResoLivingAreaSource: Builder

Exterior Features

  • ExteriorFeatures: Balcony, Storms/Screens
  • Waterfront: No
  • Exterior Building Type: Concrete

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Garage Door Opener, Heated Garage, On Site, Deeded, Attached, Garage
  • ParkingTotal: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air
  • Laundry Features: In Unit
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 606
  • Association Amenities: Bike Room/Bike Trails, Door Person, Elevator(s), Exercise Room, Storage, On Site Manager/Engineer, Party Room, Sundeck, Receiving Room, Valet/Cleaner
  • Association Fee Frequency: Monthly
  • Management: Manager On-site,Monday through Friday
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Sudler Property Management
  • Management Contact Name: Dominique B. Davis
  • Management Phone: 312-643-5185
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Air Conditioning, Water, Gas, 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

Lot Info

  • Additional Parcels: Yes
  • Lot Dimensions: COMMON
  • 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: 4896.85
  • Tax Year: 2023
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 162

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
$320,989

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$19,011
Avg. Annual Appreciation
-5.70%
Original Mortgage
$255,000
Outstanding Balance
$252,516
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$68,473

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
Source: Public Records
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Pearson Robert $340,000 None Listed On Document
Sery Andrew $317,500 Attorneys Ttl Guaranty Fund
Peredo Rebecca $242,000 Cti
Luengas Alfonso A $251,500 Atg
Hayes Richard E $207,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pearson Robert $255,000
Previous Owner Sery Andrew $311,748
Previous Owner Peredo Rebecca $181,500
Previous Owner Luengas Alfonso A $201,200
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

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 $4,190 $21,663 $1,053 $20,610
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

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12270125

Midwest Real Estate Data (MRED)

APN: 17-09-233-025-1017

Your Personal Tour Guide

Ask me questions while you tour the home.