NOT LISTED FOR SALE

Estimated Value: $238,000 - $272,028

1 Bed
1 Bath
-- Sq Ft
$994/mo HOA Fee

Last Sold November 01, 2024

Last sale price $242,500

Est. 7% increase in value since last sale

Current estimated payment $2,657/month

42 Days on Market

Highlights

  • Doorman
  • Lock-and-Leave Community
  • Community Pool
  • Lincoln Park High School Rated A
  • Wood Flooring
  • Party Room

About This Home

As of November 2024

Gold Coast penthouse floor corner unit gem at Faulkner House. This sunny and spacious southwest corner unit features hardwood flooring thru-out, an open kitchen with granite countertops and large breakfast island, 42" maple cabinets, stainless steel appliance package, and abundant closet space. On-site management, door person/security, laundry facility, sundeck, tennis courts, and outdoor pool. Leased on-site garage parking available for $160 per month. Close proximity to Northwestern University and Medical Campuses. Steps to North Avenue Beach, CTA, shopping, groceries, Old Town restaurants and nightlife.

Last Agent to Sell the Property

Thomas Bezanes

Compass License #471018395 Listed on: 08/26/2024

Compass

Last Buyer's Agent

John Sintich

Keller Williams Preferred Rlty License #475191785

Keller Williams Preferred Rlty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,613

Year Built

  • Built in 1967

Lot Details

  • 1.02

HOA Fees

Home Design

  • Concrete Block And Stucco Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • Family Room
  • Living Room
  • Dining Room
  • Wood Flooring
  • Laundry Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom

Home Security

Parking

  • Attached Garage
  • Leased Parking
  • Heated Garage
  • Garage Door Opener

Utilities

  • 3+ Cooling Systems Mounted To A Wall/Window
  • Heating System Uses Steam
  • Lake Michigan Water

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include heat, water, insurance, doorman, tv/cable, exterior maintenance, lawn care, scavenger, snow removal, internet
  • 224 Units
  • Kathy Kelly Association, Phone Number (312) 440-8000
  • High-Rise Condominium
  • Property managed by Chicagoland Management
  • Lock-and-Leave Community
  • 30-Story Property

Amenities

  • Doorman
  • Sundeck
  • Party Room
  • Coin Laundry
  • Elevator
  • Service Elevator
  • Package Room

Recreation

  • Bike Trail

Pet Policy

  • No Pets Allowed

Security

  • Resident Manager or Management On Site
  • Carbon Monoxide Detectors

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,613

Year Built

Built in 1967

Lot Details

0

HOA Fees

$994 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,High Rise (7+ Stories)
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,High Rise (7+ Stories)
  • Year Built: 1967
  • 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): No
  • Unit Floor Level: 31
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 30

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
  • Other Equipment: CO Detectors
  • Room Type: No additional rooms
  • Stories Total: 30
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Flooring: Hardwood

Exterior Features

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

Garage/Parking

  • Garage Details: Garage Door Opener(s),Heated
  • Garage On-Site: Yes
  • Garage Ownership: Fee/Leased
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Window/Wall Units - 3+
  • Heating: Steam
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: No
  • Association Fee: 904
  • Association Amenities: Bike Room/Bike Trails, Door Person, Coin Laundry, Elevator(s), Storage, On Site Manager/Engineer, Party Room, Sundeck, Pool, Receiving Room, Security Door Lock(s), Service Elevator(s)
  • Association Fee Frequency: Monthly
  • Management: Manager On-site,Monday through Friday
  • Master Association Fee: Yes
  • Master Association Fee Frequency: Monthly
  • Management Company: Chicagoland Management
  • Management Contact Name: Kathy Kelly
  • Management Phone: 312-440-8000
  • Master Association Fee: 90
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Water, Insurance, Doorman, TV/Cable, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Internet

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Lease Amount: 160
  • Board Number: 8
  • Pets Allowed (Y/N): No
  • Is Parking Included in Price: No

Tax Info

  • Tax Annual Amount: 3613.48
  • Tax Year: 2023
  • Tax Exemptions: Homeowner,Senior

Multi Family

  • Units in Building: 224

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2024
Closed on
Oct 28, 2024
Sold by
Gerald Diamond Mindell Declaration Of Tr and Mindell Gerald D
Bought by
Giannakopoulos Elias
Seller's Agent
Thomas Bezanes
Compass
Buyer's Agent
John Sintich
Keller Williams Preferred Rlty
List Price
$259,000
Sold Price
$242,500
Premium/Discount to List
-$16,500
-6.37%
Views
20
Current Estimated Value
$260,257

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,757
Avg. Annual Appreciation
7.32%
Original Mortgage
$7,500
Outstanding Balance
$5,125
Interest Rate
6.08%
Mortgage Type
New Conventional
Estimated Equity
$255,132

Purchase Details

Closed on
Jul 30, 1998
Sold by
Mindell Gerald D
Bought by
Mindell Gerald D and Gerald Diamond Mindell Declaration Of Tr
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Giannakopoulos Elias $242,500 None Listed On Document
Mindell Gerald D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Giannakopoulos Elias $7,500
Open Giannakopoulos Elias $218,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/01/2024 11/01/24 Sold $242,500 -4.2% --
09/17/2024 09/17/24 Pending -- -- --
08/26/2024 08/26/24 Price Changed $253,000 -2.3% --
08/05/2024 08/05/24 For Sale $259,000 -- --
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 $3,613 $23,747 $7,529 $16,218
2023 $3,484 $23,094 $6,062 $17,032
2022 $3,484 $23,094 $6,062 $17,032
2021 $3,439 $23,094 $6,062 $17,032
2020 $3,151 $19,731 $4,243 $15,488
2019 $3,062 $21,412 $4,243 $17,169
2018 $1,736 $21,412 $4,243 $17,169
2017 $2,702 $18,627 $3,394 $15,233
2016 $2,873 $18,627 $3,394 $15,233
2015 $2,589 $18,627 $3,394 $15,233
2014 $2,151 $16,374 $2,728 $13,646
2013 $2,158 $16,374 $2,728 $13,646
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12130360

Midwest Real Estate Data (MRED)

APN: 17-04-208-031-1195