NOT LISTED FOR SALE

626 W Randolph St Unit 501 Chicago, IL 60661

West Loop Neighborhood

Estimated Value: $366,000 - $1,215,292

3 Beds
3 Baths
2,800 Sq Ft
$668/mo HOA Fee

Last Sold March 27, 2020

Last sale price $1,035,000 $370 Per Sq Ft

Est. 18% decrease in value since last sale

Current estimated payment $6,422/month

27 Days on Market

Highlights

  • Rooftop Deck
  • 4-minute walk to Clinton Station (Green, Pink Lines)
  • Wood Flooring
  • Skinner Elementary School Rated A-
  • Vaulted Ceiling
  • Sun or Florida Room

About This Home

As of March 2020

Take a 3D Tour, CLICK on the 3D BUTTON & Walk Around. Watch a Custom Drone Video Tour, Click on Video Button! Incredible loft-style penthouse in hot West Loop! This absolutely jaw-dropping modern 3-story timber loft is pure luxury. Open-concept floor plan, clean lines, striking fixtures, & the latest materials on trend flow throughout. Entertain in style in your expansive living/dining room with double sided fireplace. Chef caliber kitchen with top of the line appliances, & ample counter space. Two en-suite bedrooms with spa like baths, plus an additional large space that can be used as a potential 3rd bedroom or office. The 3rd floor has a breathtaking private atrium with Nanawall collapsible glass door system allowing for true indoor/outdoor space. Enjoy unbelievable city views from your roof deck that has a fire pit & surround sound! Garage $35,000 extra. This is truly a unique one of a kind space in a fabulous location- close to Union/Ogilvie, the loop, shops, & restaurant row!

Last Agent to Sell the Property

Matt Laricy

Americorp, Ltd License #471003711 Listed on: 01/22/2020

Last Buyer's Agent

Matt Laricy

Americorp, Ltd License #471003711 Listed on: 01/22/2020

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,036

Year Built

  • 1904

Lot Details

  • 0.27

HOA Fees

  • $668 per month

Parking

  • Attached Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • Vaulted Ceiling
  • Skylights
  • Fireplace With Gas Starter
  • See Through Fireplace
  • Entrance Foyer
  • Sun or Florida Room
  • Storage
  • Wood Flooring

Kitchen

  • Walk-In Pantry
  • Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Separate Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Rooftop Deck

Utilities

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

Additional Features

  • North or South Exposure
  • East or West Exposure
  • City Lot

Community Details

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,036

Year Built

1904

Lot Details

0

HOA Fees

$668 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • Unit Floor Level: 5
  • Age: 100+ Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 2.1
  • Estimated Year Built: 1904
  • Type Attached: Condo-Loft, Penthouse
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 6
  • Year Built: 1904

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Skylight(s), Hardwood Floors, Laundry Hook-Up in Unit, Storage
  • Number Of Rooms: 7
  • Living Room: Dimensions: 14X17, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, All Stainless Steel Kitchen Appliances
  • Equipment: Intercom, Fire Sprinklers, Ceiling Fan
  • Fireplace Details: See through/Multi Sided, Gas Starter
  • Fireplace Location: Living Room
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Separate Shower
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 7X7, On Level: Main Level, Windows: None
  • Dining Room: Dimensions: 14X16, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Kitchen Type: Dimensions: 10X15, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Kitchen Type: Island, Pantry-Closet
  • Additional Rooms: Sun/Florida Room, Foyer
  • Master Bedroom: Dimensions: 18X15, On Level: 2nd Level, Flooring: Hardwood, Windows: Blinds
  • Additional Room 1 Name: Sunroom, Dimensions: 7X15, On Level: 3rd Level, Flooring: Hardwood
  • Additional Room 2 Name: Foyer, Dimensions: 5X14, On Level: Main Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 18X19, On Level: 2nd Level, Flooring: Hardwood, Windows: Blinds
  • Bedroom 3: Dimensions: 18X15, On Level: Main Level, Flooring: Hardwood
  • Estimated Sq Ft: 2800
  • Dining Room Type: Combined w/ LivRm
  • Family Room: Dimensions: 18X15, On Level: 2nd Level, Flooring: Hardwood

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick
  • Exterior Property Features: Balcony, Deck, Roof Deck
  • Exposure: N (North), E (East), W (West), City

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Driveway: Concrete
  • Parking Included In Price: Yes
  • Deeded Garage Cost: 35000
  • Garage Ownership: Deeded Sold Separately

Utilities

  • Electricity: Circuit Breakers, 200+ Amp Service
  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Max Pet Weight: 999
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager Off-site
  • Pet Information: Cats OK, Dogs OK
  • Common Area Amenities: Bike Room/Bike Trails, Elevator, Storage, Receiving Room
  • Assessment Includes: Water, Parking, Common Insurance, Security, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 668
  • Management Contact Name: Meho
  • Management Phone: 773-728-0652

Fee Information

  • Management Company: Stellar Property Management

Schools

  • School District: 299
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 17093220161014

Multi Family

  • Total Number Unitsin Building: 17
  • Number Stories: 6

Tax Info

  • Taxes: 13043.72

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2020
Closed on
Mar 19, 2020
Sold by
Sheldon Adam
Bought by
Patel Jay Hemendra
Seller's Agent
Matt Laricy
Americorp, Ltd
Buyer's Agent
Matt Laricy
Americorp, Ltd
List Price
$1,099,888
Sold Price
$1,035,000
Premium/Discount to List
-$64,888
-5.9%
Total Days on Market
27
Current Estimated Value
$846,431

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$188,569
Avg. Annual Appreciation
-3.80%
Original Mortgage
$750,000
Outstanding Balance
$671,566
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$174,865

Purchase Details

Listed on
Mar 27, 2013
Closed on
Jun 26, 2013
Sold by
Kundert Rolf and Dahl Leann K
Bought by
Sheldon Adam
Seller's Agent
Nick Kluding
Baird & Warner
Buyer's Agent
Louisa Azizi
Weichert,Realtors-FirstChicago
List Price
$849,000
Sold Price
$790,000
Premium/Discount to List
-$59,000
-6.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.09%
Original Mortgage
$254,500
Interest Rate
3.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 31, 2003
Sold by
Arenson Raymond R
Bought by
Dahl Leann K and Kundert Rolf

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$487,500
Interest Rate
5.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 28, 1999
Sold by
Chandon John A and Arenson Raymond R
Bought by
Arenson Raymond R
Source: Public Records

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Range of Values:

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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
Patel Jay Hemendra $1,035,000 Stewart Title
Sheldon Adam $790,000 None Available
Dahl Leann K $650,000 Cti
Arenson Raymond R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Jay Hemendra $750,000
Previous Owner Sheldon Adam $254,500
Previous Owner Dahl Leann K $150,000
Previous Owner Dahl Leann K $487,500
Previous Owner Keller Rona $549,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2020 03/27/20 Sold $1,035,000 -3.7% $370 / Sq Ft
02/18/2020 02/18/20 Pending -- -- --
02/09/2020 02/09/20 Price Changed $1,075,000 -2.3% $384 / Sq Ft
01/22/2020 01/22/20 For Sale $1,099,888 0.0% $393 / Sq Ft
08/31/2018 08/31/18 Off Market $7,500 -- --
08/29/2018 08/29/18 Rented $6,500 -13.3% --
08/23/2018 08/23/18 For Rent $7,500 0.0% --
07/01/2013 07/01/13 Sold $790,000 -6.9% $282 / Sq Ft
05/19/2013 05/19/13 Pending -- -- --
05/12/2013 05/12/13 For Sale $849,000 +7.5% $303 / Sq Ft
04/14/2013 04/14/13 Off Market $790,000 -- --
03/27/2013 03/27/13 For Sale $849,000 -- $303 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

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 $12,036 $62,742 $5,680 $57,062
2023 $12,036 $61,739 $3,115 $58,624
2022 $12,036 $61,739 $3,115 $58,624
2021 $11,784 $61,737 $3,114 $58,623
2020 $13,450 $63,277 $3,114 $60,163
2019 $13,269 $69,255 $3,114 $66,141
2018 $13,044 $69,255 $3,114 $66,141
2017 $13,696 $66,779 $2,748 $64,031
2016 $12,875 $66,779 $2,748 $64,031
2015 $11,756 $66,779 $2,748 $64,031
2014 $6,563 $37,941 $2,336 $35,605
2013 $6,422 $37,941 $2,336 $35,605
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10616647

Midwest Real Estate Data (MRED)

APN: 17-09-322-016-1014