Seller's Agent in 2023
Philip Skowron
Compass
(312) 612-0303
10 in this area
137 Total Sales
Park Monroe 65 E Monroe St Unit 4803 Chicago, IL 60603
The Loop NeighborhoodEstimated Value: $780,000 - $1,418,478
3
Beds
3
Baths
3,185
Sq Ft
$1,937/mo
HOA Fee
Highlights
- Doorman
- 2-minute walk to Adams/Wabash Station (Downtown Loop)
- Fitness Center
- South Loop Elementary School Rated 9+
- Bar or Lounge
- Rooftop Deck
About This Home
As of August 2023The luxuries of a single-family home and the conveniences of a highly upgraded condo converge in this truly unique duplex penthouse at the Park Monroe. This 3,185 square foot home captures gorgeous views of the city, lake and parks from the 11' floor to ceiling windows! Enter through the grand foyer and into the main level that features an open floor plan perfect for entertaining. The living and dining room are anchored by the beautifully appointed chef's kitchen boasting a large limestone, waterfall island, beautiful Corallo Teak cabinets, tropic brown granite countertops & backsplash, touch tap faucet, fully integrated Sub-Zero refrigerator/freezer, Wolf cooktop, oven, microwave and a Miele hood. Tucked behind the kitchen is a separate lounge with a custom 700 bottle wine cellar with a Sparx gas fireplace, perfect for more intimate conversations. Two walk-in closets and a full bathroom complete this level. The upper floor features a large primary suite with two walk-in closets, a spa bathroom with double sinks, a private water closet, and a whirlpool tub and shower with body sprays. There is also a 2nd bedroom and a den with direct access to the private terrace, along with an additional semi-private roof deck for penthouse units on the 50th floor. Smart home audio/visual throughout the home with Sonos speakers, Legrand wireless lighting, and Nest thermostats make this home as functional as it is stylish. Each hand-selected finish in this home perfectly complements the exceptional floorplan. The Park Monroe features a 24-hour doorman, onsite building engineer, onsite building manager, fitness center, rooftop indoor lap pool, landscaped rooftop sundeck with garden, year-round hot tub, entertainment suite with catering kitchen, theatre room, and so much more. Two parking spaces available - deeded and sold for extra.
Last Buyer's Agent
@properties Christie's International Real Estate License #471008593
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $23,800
Year Built
- Built in 2008
Lot Details
- Waterfront
- Additional Parcels
HOA Fees
- $1,937 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Deeded Parking Sold Separately
Home Design
- Concrete Block And Stucco Construction
Interior Spaces
- 3,185 Sq Ft Home
- Open Floorplan
- Built-In Features
- Family Room
- Combination Dining and Living Room
- Den
- Library with Fireplace
- Storage
- Laundry Room
- Wood Flooring
- Granite Countertops
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
- Walk-In Closet
- 3 Full Bathrooms
- Whirlpool Bathtub
- Separate Shower
Home Security
Outdoor Features
- Rooftop Deck
- Terrace
Utilities
- Central Air
- Heating System Uses Natural Gas
- Lake Michigan Water
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- Homeowner Tax Exemptions
Community Details
Overview
- Association fees include air conditioning, water, gas, doorman, tv/cable, exercise facilities, pool, exterior maintenance, scavenger, snow removal, internet
- 216 Units
- Kirk Sullivan Association, Phone Number (312) 564-8778
- Property managed by First Service Residetial
- 49-Story Property
Amenities
- Doorman
- Sundeck
- Business Center
- Party Room
- Bar or Lounge
- Elevator
- Service Elevator
- Community Storage Space
Recreation
- Community Spa
- Bike Trail
Pet Policy
- Limit on the number of pets
- 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
Mar 16, 2022
Closed on
Jul 23, 2023
Sold by
Deweerdt Tom
Bought by
Melanie B Ferengul 2018 Trust and Corey M Ferengul 2018 Trust
Seller's Agent
Philip Skowron
Compass
Buyer's Agent
Patricia Young
@properties Christie's International Real Estate
List Price
$1,999,999
Sold Price
$1,900,000
Premium/Discount to List
-$99,999
-5%
Views
2
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
-$800,761
Avg. Annual Appreciation
-22.38%
Original Mortgage
$1,000,000
Outstanding Balance
$977,610
Interest Rate
7.13%
Mortgage Type
New Conventional
Estimated Equity
$121,629
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Melanie B Ferengul 2018 Trust | $1,900,000 | Proper Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Melanie B Ferengul 2018 Trust | $1,000,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/01/2023 08/01/23 | Sold | $1,900,000 | +19900.0% | $597 / Sq Ft | |
| 05/04/2023 05/04/23 | Pending | -- | -- | -- | |
| 02/02/2023 02/02/23 | Rented | $9,500 | +5.6% | -- | |
| 01/18/2023 01/18/23 | For Rent | $9,000 | 0.0% | -- | |
| 03/16/2022 03/16/22 | For Sale | $1,999,999 | +53.8% | $628 / Sq Ft | |
| 08/06/2012 08/06/12 | Sold | $1,300,000 | -7.1% | $455 / Sq Ft | View Prior Sale |
| 06/26/2012 06/26/12 | Pending | -- | -- | -- | |
| 02/24/2012 02/24/12 | For Sale | $1,400,000 | -- | $490 / 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 | $24,873 | $106,102 | $11,325 | $94,777 |
| 2023 | $23,544 | $117,890 | $9,134 | $108,756 |
| 2022 | $23,544 | $117,890 | $9,134 | $108,756 |
| 2021 | $23,037 | $117,889 | $9,134 | $108,755 |
| 2020 | $25,364 | $116,962 | $8,272 | $108,690 |
| 2019 | $26,636 | $136,003 | $8,272 | $127,731 |
| 2018 | $27,306 | $141,669 | $8,272 | $133,397 |
| 2017 | $21,357 | $102,588 | $6,846 | $95,742 |
| 2016 | $20,047 | $102,588 | $6,846 | $95,742 |
| 2015 | $18,318 | $102,588 | $6,846 | $95,742 |
| 2014 | $19,069 | $105,347 | $4,274 | $101,073 |
Source: Public Records
Agents Affiliated with this Home
-
Philip Skowron
-
Patricia Young
Buyer's Agent in 2023
Patricia Young
@ Properties
(847) 997-7827
58 in this area
97 Total Sales
-
J
Seller's Agent in 2012
Julie Mungovan
EGPB Leasing LLC
About Park Monroe
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11348990
APN: 17-15-103-034-1158
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