$162,500
SOLD MAR 26, 2021
1 Bed
1 Bath
860 Sq Ft
$560/mo HOA Fee

Recently Sold

$189 Per Sq Ft

14% Below List Price

152 Days on Market

Highlights

  • Lake Front
  • Deck
  • Attached Garage
  • In Ground Pool
  • Galley Kitchen
  • 3-minute walk to Gill (Joseph) Park

About This Home

As of March 2021

Check out this newly available 1BR/1BA condo at popular Park Place Towers. This large 860sqft unit features gorgeous north views of the city, park, and lake. The open layout includes living room, dining area, and even a spot for a desk or office. The kitchen has just been upgraded with brand new appliances, and there's plenty of storage too. The bedroom is spacious and has plenty of storage as well. The building is full of amenities including, doorman, workout room, outdoor pool, deck, and convenience store on-site. Garaged valet parking is also available to purchase. The property provides quick and easy access to the park, lake, and LSD. Also accessible to CTA redline, local and express buses. ***VIDEO TOUR AVAILABLE***

Last Agent to Sell the Property

Brian Somera

Coldwell Banker Realty License #475155991 Listed on: 09/10/2020

Coldwell Banker Realty

Last Buyer's Agent

Vikas Wadhwa

Urban Living Properties, LLC License #471008085

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,692

Year Built

  • 1973

HOA Fees

  • $560 per month

Parking

  • Attached Garage

Home Design

  • Concrete Siding

Interior Spaces

  • Walk-In Closet
  • Entrance Foyer
  • Laminate Flooring

Kitchen

  • Galley Kitchen
  • Oven or Range
  • Dishwasher

Outdoor Features

  • In Ground Pool
  • Deck
  • Outdoor Grill

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Lake Michigan Water
  • Cable TV Available

Additional Features

  • North or South Exposure
  • Lake Front
  • City Lot

Community Details

  • Pets Allowed

Listing and Financial Details

  • $750 Seller Concession

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,692

Year Built

1973

Lot Details

0

HOA Fees

$560 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • Unit Floor Level: 25
  • Age: 41-50 Years
  • Full Bathrooms: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 1
  • Estimated Year Built: 1973
  • Type Attached: Condo, High Rise (7+ Stories)
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1
  • Year Built: 1973

Interior Features

  • Interior Property Features: Wood Laminate Floors, Walk-In Closet(s)
  • Number Of Rooms: 4
  • Living Room: Dimensions: 19X12, On Level: Main Level, Flooring: Wood Laminate, Windows: Blinds
  • Appliances: Oven/Range, Dishwasher, Refrigerator
  • Bedrooms All Levels: 1
  • Above Grade Bedrooms: 1
  • Dining Room: Dimensions: 11X7, On Level: Main Level, Flooring: Wood Laminate, Windows: Blinds
  • Kitchen Type: Dimensions: 11X7, On Level: Main Level, Flooring: Ceramic Tile, Windows: None
  • Kitchen Type: Galley
  • Additional Rooms: Walk In Closet, Foyer
  • Master Bedroom: Dimensions: 16X12, On Level: Main Level, Flooring: Wood Laminate, Windows: Blinds
  • Additional Room 1 Name: Walk in Closet, Dimensions: 7X7, On Level: Main Level, Flooring: Wood Laminate
  • Additional Room 2 Name: Foyer, Dimensions: 8X5, On Level: Main Level
  • Estimated Sq Ft: 860
  • Dining Room Type: L-shaped

Exterior Features

  • Exterior Building Type: Glass, Concrete
  • Exterior Property Features: Deck, Pool In-Ground, Outdoor Grill, Cable Access
  • Exposure: N (North), City, Lake/Water

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Deeded Garage Cost: 15000
  • Garage Ownership: Deeded Sold Separately

Utilities

  • Air Conditioner: Central Air, Zoned
  • Water: Lake Michigan, Public
  • Sewer: Sewer-Public
  • Heating Fuel: Forced Air, Zoned

Condo/Co-op/Association

  • Max Pet Weight: 00
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager On-site, Monday through Friday
  • Pet Information: Cats OK, Dogs OK, Pet Count Limitation
  • Common Area Amenities: Door Person, Coin Laundry, Elevator, Exercise Room, Storage, On Site Manager/Engineer, Party Room, Sundeck, Pool-Outdoors, Receiving Room, Service Elevator, Tennis Court/s, Valet/Cleaner
  • Assessment Includes: Heat, Air Conditioning, Water, Common Insurance, Doorman, Exercise Facilities, Pool, Exterior Maintenance, Scavenger, Snow Removal
  • Special Assessments: Y
  • Assessment Association Fees: 560
  • Management Contact Name: Manager
  • Management Phone: 773-929-9200

Fee Information

  • Management Company: FirstService Residential

Schools

  • School District: 299
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 14211010541388

Multi Family

  • Total Number Unitsin Building: 901
  • Number Stories: 1

Tax Info

  • Taxes: 3283.09

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2020
Closed on
Mar 26, 2021
Sold by
Limos Gloria C and Limos Jorge
Bought by
Toro Rosa Gabriela Marielle
Seller's Agent
Brian Somera
Coldwell Banker Realty
Buyer's Agent
Vikas Wadhwa
Urban Living Properties, LLC
List Price
$190,000
Sold Price
$162,500
Premium/Discount to List
-$27,500
-14.47%
Current Estimated Value
$220,341

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,841
Avg. Annual Appreciation
7.51%
Original Mortgage
$154,375
Outstanding Balance
$139,834
Interest Rate
2.5%
Mortgage Type
New Conventional
Estimated Equity
$82,823

Purchase Details

Closed on
Sep 9, 2004
Sold by
Park Place Tower I Llc
Bought by
Limos Jorge and Limos Gloria C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
4.87%
Mortgage Type
Unknown
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 Type Sale Price Title Company
Warranty Deed $162,500 Saturn Title Llc
Special Warranty Deed $223,000 Git
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $154,375 New Conventional
Previous Owner $150,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2022 08/01/22 Rented $2,000 0.0% --
07/18/2022 07/18/22 Under Contract -- -- --
07/02/2022 07/02/22 For Rent $2,000 0.0% --
03/26/2021 03/26/21 Sold $162,500 -7.1% $189 / Sq Ft
02/09/2021 02/09/21 Pending -- -- --
01/07/2021 01/07/21 Price Changed $174,900 -2.8% $203 / Sq Ft
11/16/2020 11/16/20 Price Changed $179,900 -2.7% $209 / Sq Ft
10/28/2020 10/28/20 Price Changed $184,900 -2.7% $215 / Sq Ft
09/10/2020 09/10/20 For Sale $190,000 0.0% $221 / Sq Ft
08/20/2018 08/20/18 Rented $1,550 -3.1% --
08/04/2018 08/04/18 Under Contract -- -- --
07/23/2018 07/23/18 For Rent $1,600 0.0% --
07/05/2017 07/05/17 Rented $1,600 0.0% --
06/23/2017 06/23/17 Under Contract -- -- --
05/17/2017 05/17/17 For Rent $1,600 -- --
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 $3,692 $18,307 $988 $17,319
2023 $3,599 $17,501 $891 $16,610
2022 $3,599 $17,501 $891 $16,610
2021 $3,519 $17,499 $890 $16,609
2020 $3,303 $14,826 $551 $14,275
2019 $3,283 $16,341 $551 $15,790
2018 $3,228 $16,341 $551 $15,790
2017 $3,022 $14,037 $485 $13,552
2016 $2,811 $14,037 $485 $13,552
2015 $2,861 $15,612 $485 $15,127
2014 $2,149 $11,582 $375 $11,207
2013 $2,106 $11,582 $375 $11,207
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10854924

Midwest Real Estate Data (MRED)

APN: 14-21-101-054-1388