$790,000
SOLD JUL 1, 2013

626 W Randolph St Unit 501 Chicago, IL 60661

West Loop Neighborhood
3 Beds
3 Baths
2,800 Sq Ft
0.27 Acres

Recently Sold

$282 Per Sq Ft

7% Below List Price

53 Days on Market

Highlights

  • 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

Unique, unique, unique! Very rare custom triplex timber loft penthouse w/ 25' atrium & floating 3-story staircase. 3 XL BR (2 ensuite), 2.1 baths, den, exposed brick. Rooftop solarium w/ large, very private, 16x12 outdoor terrace. Large DR w/ double-sided fireplace. Kitchen has poured concrete counters, 6 burner Thermador, SubZero. Amazing city views from wall of windows. Gar pkg inc. Light fixtures excluded.

Last Agent to Sell the Property

Nick Kluding

Baird & Warner Listed on: 03/27/2013

Baird & Warner

Last Buyer's Agent

Louisa Azizi

Weichert,Realtors-FirstChicago License #475114006

Weichert,Realtors-FirstChicago

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $12,036

Year Built

  • 1996

HOA Fees

  • $481 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
  • Wood Burning Fireplace
  • See Through Fireplace
  • Combination Dining and Living Room
  • Sun or Florida Room
  • Storage
  • Washer and Dryer Hookup
  • Wood Flooring
  • Storm Screens

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Kitchen Island

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Separate Shower

Outdoor Features

  • Balcony
  • Deck

Utilities

  • Forced Air Heating 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

Other

Est. Annual Taxes

$12,036

Year Built

1996

Lot Details

0

HOA Fees

$481 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • Recent Rehab: Yes
  • Type Attached: Condo-Loft, Penthouse
  • Unit Floor Level: 5
  • Special Features: None
  • Stories: 5
  • Year Built: 1996

Interior Features

  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Freezer, Washer, Dryer, Disposal
  • Fireplaces: 1
  • Interior Property Features: Vaulted/Cathedral Ceilings, Skylight(s), Hardwood Floors, Laundry Hook-Up in Unit, Storage
  • Number Of Rooms: 7
  • Equipment: Intercom, Fire Sprinklers, Ceiling Fan
  • Fireplace Details: See through/Multi Sided, Wood Burning
  • Fireplace Location: Living Room
  • Bedrooms All Levels: 3
  • Master Bedroom Level: 2nd Level
  • Master Bedroom Size: 18X15
  • Master Bedroom Flooring: Hardwood
  • Primary Bedroom Bath: Full
  • Second Bedroom Level: 2nd Level
  • Second Bedroom Size: 18X12
  • Second Bedroom Flooring: Hardwood
  • Third Bedroom Level: Main Level
  • Third Bedroom Size: 19X12
  • Third Bedroom Flooring: Hardwood
  • Bathroom Amenities: Separate Shower
  • Living Room Level: Main Level
  • Living Room Size: 17X12
  • Living Room Flooring: Hardwood
  • Dining Room: Combined w/ LivRm
  • Dining Room Level: Main Level
  • Dining Room Size: 18X15
  • Dining Room Flooring: Hardwood
  • Family Room Level: 2nd Level
  • Family Room Size: 18X14
  • Family Room Flooring: Hardwood
  • Kitchen Type: Eating Area-Table Space, Island, Pantry-Closet
  • Kitchen Level: Main Level
  • Kitchen Size: 14X10
  • Kitchen Flooring: Hardwood
  • Additional Rooms: Sun/Florida Room
  • Additional Room 1 Name: Sunroom
  • Additional Room 1 Level: 3rd Level
  • Additional Room 1 Size: 10X05
  • Additional Room 1 Flooring: Hardwood

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick
  • Exterior Property Features: Balcony, Deck, Storms/Screens
  • 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

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Self-Management
  • Pet Information: Cats OK, Dogs OK
  • Common Area Amenities: Bike Room/Bike Trails, Elevator, Storage, Receiving Room
  • Assessment/Association Fees: 481
  • Assessment Includes: Water, Common Insurance, Security, Security System, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON

Multi Family

  • Total Number Unitsin Building: 17

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
53
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

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Warranty Deed $1,035,000 Stewart Title
Warranty Deed $790,000 None Available
Warranty Deed $650,000 Cti
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $750,000 New Conventional
Previous Owner $254,500 New Conventional
Previous Owner $150,000 Credit Line Revolving
Previous Owner $487,500 Purchase Money Mortgage
Previous Owner $549,000 Unknown
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: MRD08302348

Midwest Real Estate Data (MRED)

APN: 17-09-322-016-1014