NOT LISTED FOR SALE

Estimated Value: $1,850,859 - $2,886,000

4 Beds
4 Baths
-- Sq Ft
871 Sq Ft Lot

Last Sold May 14, 2021

Last sale price $2,400,000

Est. 2% decrease in value since last sale

Current estimated payment $15,339/month

4 Days on Market

Highlights

  • Home Theater
  • Sauna
  • Deck
  • Lincoln Park High School Rated A
  • Heated Floors
  • 3-minute walk to Mariano (Louis) Park

About This Home

As of May 2021

Sited on historic Elm Street this like-new construction row home boasts a completely gutted new construction inside with all of today's luxuries, enclosed in an outstanding and timeless stone exterior. A labor of love this home has been reengineered to meet the needs of today's most discerning buyer. Through the elegant living room anchored by a fireplace with marble surround, is the kitchen and family room area with gorgeous built-ins, and elevator to all four floors. Kitchen features custom made solid wood cabinetry, Statuario honed tops, Sub-Zero, Wolf, Miele appliances. Perfect for everyday living and grand entertaining, the home features several outdoor spaces including patio, two decks, one with beautiful city views. Absolutely smashing full floor master suite, with daylight filled dressing room, steam shower, Thermo-Air Tub, Fantini fixtures, and laundry. Heated floors in all bathrooms. Be totally connected with Sonos audio system, in-house talk & video intercom system, security camera and alarm system. Family rooms and lower level media room feature 5.1 surround sound audio system. Lower level includes 4th bedroom, media room with kitchenette & surround sound system, 2nd laundry, and sauna! Multiple parking options nearby. Walk to everything this lakefront Gold Coast location has to offer.

Last Agent to Sell the Property

Tim Salm

Jameson Sotheby's Intl Realty License #475133721 Listed on: 03/18/2021

Jameson Sotheby's Intl Realty

Last Buyer's Agent

Emily Sachs Wong

@properties Christie's International Real Estate License #475104005

@properties Christie's International Real Estate

Home Details

Home Type

  • Single Family

Year Built | Renovated

  • 1885 | 2016

Lot Details

  • 871

Parking

  • Detached Garage

Home Design

  • Greystone Architecture
  • Brick Exterior Construction
  • Slate Roof
  • Metal Roof
  • Stone Siding

Interior Spaces

  • Elevator
  • Gas Log Fireplace
  • Entrance Foyer
  • Breakfast Room
  • Home Theater
  • Sauna
  • Heated Floors

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • High End Refrigerator
  • Freezer
  • Dishwasher
  • Wine Cooler
  • Stainless Steel Appliances
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • In-Law or Guest Suite
  • Dual Sinks
  • Whirlpool Bathtub
  • Steam Shower
  • Shower Body Spray
  • Separate Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • English Basement
  • Finished Basement Bathroom

Outdoor Features

  • Balcony
  • Deck
  • Patio
  • Terrace

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Lake Michigan Water

Additional Features

  • North or South Exposure
  • Southern Exposure
  • City Lot

Listing and Financial Details

  • $22,500 Seller Concession

Home Details

Home Type

Single Family

Year Built | Renovated

1885 | 2016

Lot Details

871 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Recent Rehab: Yes
  • Age: 100+ Years
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Rehab Year: 2016
  • Total Full or Half Bathrooms: 3.1
  • Style Of House: Greystone
  • Type Detached: 3 Stories
  • Estimated Year Built: 1885
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1885
  • Year Renovated: 2016

Interior Features

  • Interior Property Features: Sauna/Steam Room, Elevator, Heated Floors, In-Law Arrangement, 1st Floor Laundry, 2nd Floor Laundry
  • Number Of Rooms: 10
  • Living Room: Dimensions: 20X15, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, High End Refrigerator, Freezer, Washer, Dryer, Disposal, All Stainless Steel Kitchen Appliances, Wine Cooler/Refrigerator
  • Equipment: Humidifier, TV-Cable, Security System, Intercom, CO Detectors
  • Fireplace Details: Gas Logs, Gas Starter
  • Fireplace Location: Living Room
  • Basement: English
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 4
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool, Separate Shower, Steam Shower, Double Sink, Full Body Spray Shower, Soaking Tub
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 8X9, On Level: Lower, Flooring: Ceramic Tile
  • Dining Room: Dimensions: COMBO, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 14X24, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Eating Area-Breakfast Bar, Eating Area-Table Space, Island
  • Additional Rooms: Breakfast Room, Media Room, Foyer, Walk In Closet, Deck, Terrace
  • Master Bedroom: Dimensions: 15X20, On Level: 3rd Level, Flooring: Hardwood
  • Additional Room 1 Name: Breakfast Rm, Dimensions: 11X11, On Level: Main Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 15X20, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 3 Name: Media Rm, Dimensions: 13X17, On Level: Lower, Flooring: Carpet
  • Bedroom 3: Dimensions: 15X14, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 4 Name: Foyer, Dimensions: 15X5, On Level: Main Level, Flooring: Hardwood
  • Bedroom 4: Dimensions: 11X16, On Level: Walkout Basement, Flooring: Carpet
  • Additional Room 5 Name: Walk in Closet, Dimensions: 15X14, On Level: 3rd Level, Flooring: Hardwood
  • Additional Room 6 Name: Deck, Dimensions: 14X9, On Level: 2nd Level
  • Additional Room 7 Name: Bar, Dimensions: 11X11, On Level: Lower, Flooring: Carpet
  • Additional Room 8 Name: Terrace, Dimensions: 14X9, On Level: Main Level
  • Dining Room Type: Combined w/ LivRm
  • Family Room: Dimensions: 10X14, On Level: Main Level, Flooring: Hardwood

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick, Stone
  • Roof Type: Metal, Slate
  • Exterior Property Features: Balcony, Deck, Patio
  • Exposure: N (North), S (South), City
  • Acreage: 0.0276

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Detached
  • Number Garage Spaces: 1
  • Garage Ownership: Fee/Leased

Utilities

  • Electricity: 400 Amp Service or Greater
  • Air Conditioner: Central Air
  • Water: Lake Michigan, Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Fee Information

  • Lease Amount: 400

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: 17 X 91
  • Parcel Identification Number: 17032010190000

Tax Info

  • Taxes: 26225.27

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2021
Closed on
May 10, 2021
Sold by
Jojo Holding Llc
Bought by
Borhani Amir A and Houshmand Golbahar
Seller's Agent
Tim Salm
Jameson Sotheby's Intl Realty
Buyer's Agent
Emily Sachs Wong
@properties Christie's International Real Estate
List Price
$2,500,000
Sold Price
$2,400,000
Premium/Discount to List
-$100,000
-4%
Current Estimated Value
$2,357,953

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$42,047
Avg. Annual Appreciation
-0.36%
Original Mortgage
$1,640,000
Outstanding Balance
$1,471,071
Interest Rate
2.87%
Mortgage Type
New Conventional
Estimated Equity
$886,882

Purchase Details

Closed on
Mar 16, 2017
Sold by
Terman Greg
Bought by
Jojo Holding Llc

Purchase Details

Closed on
Sep 19, 2016
Sold by
61 E Elm Llc
Bought by
Terman Greg

Purchase Details

Closed on
Mar 23, 2015
Sold by
Terman Greg
Bought by
61 E Llc

Purchase Details

Listed on
Nov 8, 2012
Closed on
Jul 15, 2013
Sold by
Shipp Lara S and Shipp Drew S
Bought by
Terman Gregory A
Seller's Agent
Beth Wexner
@properties Christie's International Real Estate
Buyer's Agent
Karen Billups
Property Chicago LLC
List Price
$1,699,000
Sold Price
$1,580,000
Premium/Discount to List
-$119,000
-7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.21%
Original Mortgage
$1,120,000
Interest Rate
4.53%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 18, 2011
Sold by
Shipp Mary E
Bought by
Shipp Lara A and Shipp Drew S
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Borhani Amir A $2,050,000 First American Title
Borhani Amir A $2,050,000 First American Title
Jojo Holding Llc $2,600,000 Chicago Title Insurance
Jojo Holding Llc $2,600,000 Chicago Title Insurance
Terman Greg -- None Available
Terman Greg -- None Available
61 E Llc -- None Available
61 E Llc -- None Available
Terman Gregory A -- Chicago Title Insurance Comp
Terman Gregory A -- Chicago Title Insurance Comp
Shipp Lara A -- None Available
Shipp Lara A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Borhani Amir A $1,640,000
Previous Owner Terman Gregory A $1,120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/14/2021 05/14/21 Sold $2,400,000 -4.0% --
03/22/2021 03/22/21 Pending -- -- --
03/18/2021 03/18/21 For Sale $2,500,000 +58.2% --
07/15/2013 07/15/13 Sold $1,580,000 -4.2% $419 / Sq Ft View Prior Sale
05/28/2013 05/28/13 Pending -- -- --
02/01/2013 02/01/13 Price Changed $1,649,000 -2.9% $437 / Sq Ft
11/08/2012 11/08/12 For Sale $1,699,000 -- $450 / 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 $35,236 $205,000 $37,384 $167,616
2024 $35,236 $205,000 $37,384 $167,616
2023 $34,349 $167,000 $30,100 $136,900
2022 $34,349 $167,000 $30,100 $136,900
2021 $33,582 $167,001 $30,100 $136,901
2020 $26,170 $117,477 $21,070 $96,407
2019 $26,225 $130,531 $21,070 $109,461
2018 $25,784 $130,531 $21,070 $109,461
2017 $30,151 $140,061 $16,856 $123,205
2016 $28,053 $140,061 $16,856 $123,205
2015 $25,666 $140,061 $16,856 $123,205
2014 $17,838 $96,143 $14,448 $81,695
2013 $17,486 $96,143 $14,448 $81,695
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD11025769

Midwest Real Estate Data (MRED)

APN: 17-03-201-019-0000

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