Seller's Agent in 2025
Amir Henein
Charles Rutenberg Realty of IL
(708) 945-8879
4 in this area
104 Total Sales
Park Place Tower 655 W Irving Park Rd Unit 2505 Chicago, IL 60613
Lakeview East Neighborhood
--
Bed
1
Bath
550
Sq Ft
$588/mo
HOA Fee
Highlights
- Doorman
- In Ground Pool
- Wood Flooring
- Fitness Center
- Open Floorplan
- 3-minute walk to Gill (Joseph) Park
About This Home
As of August 2025This south-facing bright 550 square foot studio has location, convenience and lifestyle! Look out to views of Lake Michigan, Chicago skyline, parks and the cityscape. The open floor plan features a spacious living area and a kitchen with stainless appliances, plenty of hardwood cabinetry and a generously sized breakfast bar. An updated bathroom has oversized ceramic tile surround and floor. This quintessential lakefront location has everything to offer: parks, running and biking paths, Sydney Marovitz golf course, eclectic restaurants, Wrigley Field as well as close proximity to the Red Line, bus routes, and Lake Shore Drive. Live life in a full amenity building that provides 24-hour door staff, state-of-the-art exercise center, media room and a party room. Amazing outdoor area includes a sundeck with junior-sized Olympic outdoor pool, cabanas, grills and a basketball court. Access to the dog park is through the heated garage. A market and dry cleaner are conveniently located on the first floor. Investors are welcome. Deeded inside parking spot B-145 is available for an additional $25,000.
Last Agent to Sell the Property
Charles Rutenberg Realty of IL License #475167534 Listed on: 07/21/2025
Last Buyer's Agent
Non Member
NON MEMBER
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,935
Year Built
- Built in 1973
Lot Details
- Dog Run
HOA Fees
- $588 Monthly HOA Fees
Parking
- 1 Car Garage
- Driveway
- Parking Included in Price
Home Design
- Entry on the 25th floor
- Studio
- Concrete Block And Stucco Construction
Interior Spaces
- 550 Sq Ft Home
- Open Floorplan
- Window Screens
- Family Room
- Living Room
- Dining Room
- Laundry Room
Kitchen
- Range
- Microwave
- Dishwasher
- Granite Countertops
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 1 Full Bathroom
- Garden Bath
Outdoor Features
- In Ground Pool
- Patio
- Outdoor Grill
Schools
- Brenneman Elementary School
- Senn High School
Utilities
- Forced Air Heating and Cooling System
- Lake Michigan Water
- Cable TV Available
Community Details
Overview
- Association fees include heat, air conditioning, water, insurance, security, doorman, tv/cable, exercise facilities, pool, exterior maintenance, lawn care, scavenger, snow removal
- 901 Units
- Erika Association, Phone Number (773) 929-9200
- High-Rise Condominium
- Park Place Tower Subdivision
- Property managed by FirstService Residential
- 55-Story Property
Amenities
- Doorman
- Valet Parking
- Sundeck
- Building Patio
- Picnic Area
- Party Room
- Coin Laundry
- Elevator
- Service Elevator
- Package Room
- Convenience Store
Recreation
- Bike Trail
Pet Policy
- Limit on the number of pets
- Dogs and Cats Allowed
Security
- Resident Manager or Management On Site
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 5, 2023
Sold by
Guglielmo Alison M
Bought by
Gadalla Louris Sam Mekhael
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Outstanding Balance
$136,935
Interest Rate
7.25%
Mortgage Type
New Conventional
Estimated Equity
$12,953
Purchase Details
Closed on
Jun 3, 2006
Sold by
Braun Steven W
Bought by
Guglielmo Alison M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
6.5%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Jun 20, 2002
Sold by
Park Place Tower I Llc
Bought by
Braun Steven W
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $175,000 | None Listed On Document | |
| Warranty Deed | $205,000 | Multiple | |
| Special Warranty Deed | -- | First American Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $140,000 | New Conventional | |
| Previous Owner | $161,782 | New Conventional | |
| Previous Owner | $164,000 | Fannie Mae Freddie Mac | |
| Previous Owner | $20,000 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/25/2025 08/25/25 | Sold | $170,000 | +13.4% | $309 / Sq Ft |
| 07/30/2025 07/30/25 | Pending | -- | -- | -- |
| 07/21/2025 07/21/25 | For Sale | $149,900 | -- | $273 / 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 | $1,938 | $13,287 | $717 | $12,570 |
| 2023 | $1,867 | $12,500 | $646 | $11,854 |
| 2022 | $1,867 | $12,500 | $646 | $11,854 |
| 2021 | $1,844 | $12,499 | $646 | $11,853 |
| 2020 | $1,706 | $10,761 | $400 | $10,361 |
| 2019 | $1,694 | $11,860 | $400 | $11,460 |
| 2018 | $1,664 | $11,860 | $400 | $11,460 |
| 2017 | $1,467 | $10,188 | $352 | $9,836 |
| 2016 | $1,540 | $10,188 | $352 | $9,836 |
| 2015 | $1,596 | $11,331 | $352 | $10,979 |
| 2014 | $1,083 | $8,406 | $272 | $8,134 |
| 2013 | $1,051 | $8,406 | $272 | $8,134 |
Source: Public Records
Agents Affiliated with this Home
-
Amir Henein
-
N
Buyer's Agent in 2025
Non Member
NON MEMBER
About Park Place Tower
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12425406
APN: 14-21-101-054-1379
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