The Caravel 635 N Dearborn St Unit 703 Chicago, IL 60654
River North Neighborhood
2
Beds
2
Baths
--
Sq Ft
$918/mo
HOA Fee
Highlights
- Doorman
- 3-minute walk to Grand Avenue Station (Red Line)
- Wood Flooring
- Fitness Center
- Deck
- Party Room
About This Home
As of August 2024Updated 2/2 Luxury condo with rarely available 500 SQ. FT. PRIVATE TERRACE right in the heart of River North. You won't find this much outdoor space under 500k in downtown Chicago! Beautifully updated kitchen w/ brand new quartz counters and backsplash, new luxury engineered hardwood floors theoughout, stainless steel appliances & custom pantry. Fully updated custom designed bathrooms, master w/ double vanity, soaking tub, and beautiful marble throughout. Professionally organized closets in every room and washer and dryer. A gem in the heart of River North within walking distance to everything Chicago has to offer. Open floor plan that is perfect for entertaining and flows out to your 500 square foot private patio! Parking additional $25,000.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $9,290
Year Built
- Built in 2000 | Remodeled in 2022
HOA Fees
- $918 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Garage Door Opener
- Parking Included in Price
Home Design
- Brick Exterior Construction
- Rubber Roof
- Concrete Perimeter Foundation
Interior Spaces
- Storage
- Wood Flooring
Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
- Dual Sinks
- Soaking Tub
Laundry
- Dryer
- Washer
Home Security
Utilities
- Forced Air Heating and Cooling System
- Lake Michigan Water
Additional Features
- Deck
- Additional Parcels
Community Details
Overview
- Association fees include heat, air conditioning, water, gas, parking, insurance, security, doorman, tv/cable, exercise facilities, exterior maintenance, scavenger, snow removal, internet
- 126 Units
- Diane Smith Association, Phone Number (312) 654-1766
- Property managed by FSR
- 27-Story Property
Amenities
- Doorman
- Valet Parking
- 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
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 9, 2024
Closed on
Aug 19, 2024
Sold by
Dammeyer Elizabeth Nicole
Bought by
Groves Abigail Louise
Seller's Agent
Quentin Green
Compass
Buyer's Agent
Darrell Scott
Compass
List Price
$449,900
Sold Price
$450,000
Premium/Discount to List
$100
0.02%
Total Days on Market
64
Views
12
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
-$11,993
Avg. Annual Appreciation
-1.16%
Original Mortgage
$300,000
Outstanding Balance
$298,118
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$147,014
Purchase Details
Listed on
Mar 19, 2020
Closed on
Sep 20, 2020
Sold by
Proegler Margaret and Jones Margaret Riis
Bought by
Dammeyer Elizabeth Nicole
Seller's Agent
Jessica Smith
Compass
Buyer's Agent
Alexandre Stoykov
Compass
List Price
$425,000
Sold Price
$437,000
Premium/Discount to List
$12,000
2.82%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.75%
Original Mortgage
$393,300
Interest Rate
3%
Mortgage Type
New Conventional
Purchase Details
Listed on
Nov 5, 2015
Closed on
Feb 2, 2016
Sold by
Eisenberg Michael and Rosenberg Abigail
Bought by
Jones Margaret Riis
Seller's Agent
Fran Fryman
@properties Christie's International Real Estate
Buyer's Agent
Jessica Smith
Compass
List Price
$399,900
Sold Price
$415,204
Premium/Discount to List
$15,304
3.83%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.11%
Original Mortgage
$311,403
Interest Rate
4%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jun 8, 2012
Closed on
Sep 28, 2012
Sold by
Burstein Melissa
Bought by
Eisenberg Michael and Eisenberg Abigail
Seller's Agent
Justin Brown
ACO Commercial
Buyer's Agent
Kristi Roque
Baird & Warner
List Price
$375,000
Sold Price
$312,000
Premium/Discount to List
-$63,000
-16.8%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.93%
Original Mortgage
$249,600
Interest Rate
2.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Similar Homes in Chicago, IL
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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 | $450,000 | First American Title | |
| Warranty Deed | $437,000 | Stewart Title Guaranty Co | |
| Warranty Deed | $415,500 | First American Title | |
| Warranty Deed | $312,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $300,000 | New Conventional | |
| Previous Owner | $393,300 | New Conventional | |
| Previous Owner | $311,403 | New Conventional | |
| Previous Owner | $249,600 | Adjustable Rate Mortgage/ARM |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/28/2024 08/28/24 | Sold | $450,000 | +2.3% | -- |
| 07/13/2024 07/13/24 | Pending | -- | -- | -- |
| 07/10/2024 07/10/24 | Price Changed | $439,900 | -2.2% | -- |
| 05/09/2024 05/09/24 | For Sale | $449,900 | +3.0% | -- |
| 09/25/2020 09/25/20 | Sold | $437,000 | +2.8% | -- |
| 05/11/2020 05/11/20 | Pending | -- | -- | -- |
| 03/19/2020 03/19/20 | For Sale | $425,000 | +2.4% | -- |
| 02/02/2016 02/02/16 | Sold | $415,204 | +3.8% | -- |
| 11/12/2015 11/12/15 | Pending | -- | -- | -- |
| 11/05/2015 11/05/15 | For Sale | $399,900 | +28.2% | -- |
| 10/01/2012 10/01/12 | Sold | $312,000 | -5.5% | $312 / Sq Ft |
| 09/12/2012 09/12/12 | Pending | -- | -- | -- |
| 08/20/2012 08/20/12 | Price Changed | $330,000 | -1.5% | $330 / Sq Ft |
| 08/10/2012 08/10/12 | Price Changed | $335,000 | -2.9% | $335 / Sq Ft |
| 08/02/2012 08/02/12 | Price Changed | $345,000 | -1.4% | $345 / Sq Ft |
| 07/10/2012 07/10/12 | Price Changed | $350,000 | -2.6% | $350 / Sq Ft |
| 06/29/2012 06/29/12 | Price Changed | $359,500 | -1.5% | $360 / Sq Ft |
| 06/20/2012 06/20/12 | Price Changed | $365,000 | -2.7% | $365 / Sq Ft |
| 06/08/2012 06/08/12 | For Sale | $375,000 | -- | $375 / 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 | $8,363 | $35,786 | $2,012 | $33,774 |
| 2023 | $8,153 | $39,640 | $1,623 | $38,017 |
| 2022 | $8,153 | $39,640 | $1,623 | $38,017 |
| 2021 | $7,971 | $39,639 | $1,623 | $38,016 |
| 2020 | $7,204 | $35,440 | $1,251 | $34,189 |
| 2019 | $7,042 | $38,477 | $1,251 | $37,226 |
| 2018 | $6,922 | $38,477 | $1,251 | $37,226 |
| 2017 | $6,069 | $31,567 | $1,066 | $30,501 |
| 2016 | $5,822 | $31,567 | $1,066 | $30,501 |
| 2015 | $5,304 | $31,567 | $1,066 | $30,501 |
| 2014 | $5,527 | $29,787 | $834 | $28,953 |
| 2013 | $5,418 | $29,787 | $834 | $28,953 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2024
Quentin Green
Compass
(773) 895-7750
5 in this area
92 Total Sales
-
Seller Co-Listing Agent in 2024
Sean Hill
Compass
(517) 282-4436
3 in this area
15 Total Sales
-
Buyer's Agent in 2024
Darrell Scott
Compass
(317) 340-8519
39 in this area
481 Total Sales
-
Seller's Agent in 2020
Jessica Smith
Compass
(989) 450-8448
2 in this area
44 Total Sales
-
Buyer's Agent in 2020
Alexandre Stoykov
Compass
(312) 593-3110
72 in this area
1,066 Total Sales
-
F
Seller's Agent in 2016
Fran Fryman
@ Properties
About The Caravel
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12052024
APN: 17-09-227-033-1003
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