NOT LISTED FOR SALE

Estimated Value: $270,607

1 Bed
1 Bath
790 Sq Ft
2.72 Acre Lot

Sale Details

Date Sold: September 6, 2024

Last sale price $221,000 $280 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $1,926 / mo

Highlights

  • Doorman
  • Wood Flooring
  • Community Pool
  • Fitness Center
  • Whirlpool Bathtub
  • 3-minute walk to Gill (Joseph) Park

About This Home

As of October 2024

Experience the pinnacle of luxury living at Park Place Tower with this large 1-bedroom penthouse condo, perfectly situated in the vibrant heart of Lakeview. This residence exudes modern elegance, characterized by an open floor plan, expansive windows that flood the space with natural light. The condo offers sweeping panoramic views of the Chicago skyline, Lake Michigan, and Wrigley Field, providing a breathtaking backdrop to your everyday life. Park Place Tower is renowned for its unmatched amenities, including a resort-style pool with cabanas, a cutting-edge fitness center, an outdoor deck with grilling stations, a basketball court, a stylish party room with a theater, convenient laundry facilities, a dog run, and an on-site store for all your essentials. The large bedroom includes extensive closet space, while the recently remodeled bathroom is a true retreat, showcasing beautiful marble tile and vanity and a glass-enclosed shower with a luxurious Whirlpool tub for ultimate relaxation. Just blocks from the lakefront and within walking distance of Wrigley Field, this condo offers the perfect blend of serenity and urban excitement. With seamless access to Lake Shore Drive, downtown Chicago is only minutes away. Don't miss your chance to make this extraordinary penthouse your new home! Parking available for additional fee.

Last Agent to Rent the Property

Tim Stassi

Dwell One Realty License #471009465 Listed on: 09/09/2024

Last Renter's Agent

Gordon Baba

Compass License #475218381

Compass

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1973 | Remodeled in 2005

Lot Details

  • 2.72

Parking

  • 1 Car Attached Garage
  • Heated Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Concrete Perimeter Foundation

Interior Spaces

  • 790 Sq Ft Home
  • Combination Dining and Living Room
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom
  • Whirlpool Bathtub

Schools

  • Brenneman Elementary School
  • Lake View High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Listing and Financial Details

  • Property Available on 9/1/24
  • Rent includes parking

Community Details

Overview

  • 901 Units
  • 57-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Sundeck
  • 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

  • On-Site Manager or Management

Condo Details

Home Type

Condominium

Year Built

Built in 1973 | Remodeled in 2005

Lot Details

2.72 Acres

Parking

1

Rental Info

  • Available Date: 2024-09-01
  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Type of Rental Property: Attached
  • Rental Price: 2400
  • Security Deposit: 0
  • Is Parking Included in Price: No
  • Fees/Approvals: Move-in Fee,Move-in Mon-Fri,Move-in Saturday,Move Out Fee
  • Max Pet Weight: 999

Listing Details

  • Property Type: Residential Lease
  • Property Type: Residential Lease
  • Type Attached: Condo
  • Property Sub-Type: Attached
  • Year Built: 1973
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 55
  • Rehab Year: 2005
  • Actual Status: Rented
  • ResoPropertyType: ResidentialLease
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 57
  • Year Renovated: 2005

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Interior Amenities: Hardwood Floors
  • LivingArea: 790
  • Room Type: No additional rooms
  • Stories Total: 57
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Whirlpool
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Builder

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Waterfront: No
  • Exterior Building Type: Glass,Concrete

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Driveway: Concrete
  • Garage Details: Garage Door Opener(s),Heated
  • Garage On-Site: Yes
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Common Area
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit
  • Association Amenities: Bike Room/Bike Trails, Door Person, Coin Laundry, Commissary, Elevator(s), Exercise Room, On Site Manager/Engineer, Party Room, Sundeck, Pool, Receiving Room, Service Elevator(s), Valet/Cleaner
  • Rent Includes: Parking
  • Management: Manager On-site,Monday through Saturday

Schools

  • Elementary School: Brenneman Elementary School
  • High School: Lake View High School
  • Middle/Junior School: Brenneman Elementary School
  • Junior High/Middle School #2: NORTHSIDE COLLEGE PREPARATORY SENIOR HIGH SCHOOL
  • Junior High/Middle School #2: DISNEY II ELEMENTARY MAGNET SCHOOL
  • Elementary School #2: DISNEY II ELEMENTARY MAGNET SCHOOL

Lot Info

  • Lot Dimensions: COMMON

Multi Family

  • Units in Building: 901

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2024
Closed on
Sep 6, 2024
Sold by
Daniel G Rago Trust and Rago Daniel G
Bought by
Seller's Agent
Tim Stassi
Dwell One Realty
Buyer's Agent
Gordon Baba
Compass
Sold Price
$2,600
Views
7
Current Estimated Value
$270,607

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$268,007
Avg. Annual Appreciation
10.54%

Purchase Details

Closed on
Nov 18, 2021
Sold by
Rago Daniel G
Bought by
Rago Daniel G and Daniel G Rago Trust

Purchase Details

Closed on
Jan 11, 2019
Sold by
Sahim Barkat Enterprises Llc
Bought by
Rago Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 15, 2014
Closed on
Jun 30, 2014
Sold by
Herrera Guillermo A and Herrera Clara E
Bought by
Gustafson Dawn
Seller's Agent
Jill Halpern
@properties Christie's International Real Estate
Buyer's Agent
Yvette Couty
Fulton Grace Realty
List Price
$225,000
Sold Price
$222,500
Premium/Discount to List
-$2,500
-1.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.61%
Original Mortgage
$218,469
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 6, 2001
Sold by
Park Place Tower I Llc
Bought by
Rimando Edgardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,250
Interest Rate
7.16%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Lakeview East, IL

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$221,000 Cambridge Title
Rago Daniel G -- None Available
Rago Daniel $222,000 Ata National Title Group Llc
Gustafson Dawn $222,500 Fidelity National Title
Rimando Edgardo -- First American Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $100,000
Closed Gustafson Dawn $218,469
Previous Owner Herrera Guillermo A $222,000
Previous Owner Rimando Edgardo $101,250
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/01/2024 10/01/24 Rented $2,600 +8.3% --
09/25/2024 09/25/24 Price Changed $2,400 -7.7% $3 / Sq Ft
09/11/2024 09/11/24 Price Changed $2,600 -5.5% $3 / Sq Ft
09/09/2024 09/09/24 For Rent $2,750 0.0% --
09/06/2024 09/06/24 Sold $221,000 +11.1% $280 / Sq Ft View Prior Sale
07/22/2024 07/22/24 Pending -- -- --
07/15/2024 07/15/24 Price Changed $199,000 -4.1% $252 / Sq Ft
06/27/2024 06/27/24 Price Changed $207,500 -10.8% $263 / Sq Ft
06/20/2024 06/20/24 For Sale $232,500 0.0% $294 / Sq Ft
09/20/2018 09/20/18 Rented $2,000 0.0% --
09/18/2018 09/18/18 For Rent $2,000 0.0% --
08/18/2017 08/18/17 Sold $223,000 -5.1% $282 / Sq Ft View Prior Sale
07/13/2017 07/13/17 Pending -- -- --
04/19/2017 04/19/17 For Sale $235,000 -- $297 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $5,103 $29,547 $1,594 $27,953
2024 $5,103 $29,547 $1,594 $27,953
2023 $4,953 $27,500 $1,437 $26,063
2022 $4,953 $27,500 $1,437 $26,063
2021 $4,860 $27,499 $1,437 $26,062
2020 $5,331 $23,931 $890 $23,041
2019 $5,299 $26,374 $890 $25,484
2018 $5,210 $26,374 $890 $25,484
2017 $4,867 $22,607 $783 $21,824
2016 $4,528 $22,607 $783 $21,824
2015 $4,617 $25,198 $783 $24,415
2014 $3,468 $18,693 $605 $18,088
2013 $3,400 $18,693 $605 $18,088
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12144300

Midwest Real Estate Data (MRED)

APN: 14-21-101-054-2674

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