NOT LISTED FOR SALE

711 W Grand Ave Unit 404 Chicago, IL 60654

West Town Neighborhood

Estimated Value: $438,000 - $559,000

2 Beds
2 Baths
1,208 Sq Ft
$360/mo HOA Fee

Last Sold September 30, 2021

Last sale price $447,000 $370 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $3,834/month

13 Days on Market

Highlights

  • Living Room with Fireplace
  • 1-minute walk to Grand Avenue Station (Blue Line)
  • Resident Manager or Management On Site
  • Whirlpool Bathtub
  • Attached Garage
  • Heated Garage

About This Home

As of September 2021

Welcome to your quiet retreat in The Edison Grand, a boutique elevator condo building located at heart of the booming Fulton River District. This newer construction two-bedroom two-bathroom condo has it all. Enjoy abundant natural light and uninterrupted views of the Chicago skyline and it's gorgeous Sears tower from every room through soaring picture windows and fabulous 10 ft ceilings. The gleaming chef's kitchen is like new with oak hardwood floors, fresh white cabinets, under cabinet lighting, sophisticated granite countertops, newer stainless-steel appliances, and an oversized island featuring counter seating. Not to mention the enormous, professionally organized walk-in pantry that can double function as a coat closet. The Great Room is the ultimate in open concept living and boasts oak hardwood floors and includes the foyer, the Living Room, and a dining area. Cozy up on in front of the gas fireplace on cooler nights or enjoy summer nights on the balcony that's conveniently accessed from the Family Room. The hall bathroom features white wood cabinets, stainless steel finishes, and a tub/shower combination. The secondary bedroom is spacious enough for king sized furniture and has a generously sized, professionally organized closet. Your true oasis is in the primary bedroom. The ensuite bathroom has a double vanity, walk-in rain shower with body wand and bench, and a luxurious whirlpool tub. The WIC features professional organization and has every detail built out for today's modern lifestyle. In unit washer/dryer and a large linen closet - storage galore! Step out your door and enjoy a number of top-rated restaurants, the convenience of the blue line, East Bank Club, Grocery stores, Fulton Market district, Randolph Street, and River North. Additional storage cage (letter "L") and heated garage parking (6) for $25,000.

Last Agent to Sell the Property

Elizabeth Kenna Burke

@properties Christie's International Real Estate License #475163026 Listed on: 09/10/2021

@properties Christie's International Real Estate

Co-Listed By

Seth Reilly

@properties Christie's International Real Estate License #475187778

Last Buyer's Agent

Taylor Brauneis

Keller Williams ONEChicago License #475198419

Keller Williams ONEChicago

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,816

Year Built

  • 2005

Lot Details

  • 7,405

HOA Fees

  • $360 per month

Parking

  • Attached Garage
  • Heated Garage
  • Garage Transmitter
  • Garage Door Opener
  • Deeded Parking Sold Separately

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Living Room with Fireplace
  • Combination Dining and Living Room

Bedrooms and Bathrooms

  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • 15 Units
  • Zack Oberlies Association, Phone Number (312) 275-5750
  • Property managed by Bundled Management

Pet Policy

  • Pets Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,816

Year Built

2005

Lot Details

0

HOA Fees

$360 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • Property Type: Residential
  • Type Attached: Condo
  • Property Sub Type: Condo
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 4
  • Co List Office Mls Id: MRD16379
  • Co List Office Phone: (312) 254-0200
  • Directions: 1/2 BLK EAST OF HALSTED ON SOUTH SIDE OF STREET
  • Lot Size: COMMON
  • New Construction: No
  • Ownership: Condo
  • Special Features: None
  • Year Built: 2005

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Disposal
  • Has Basement: None
  • Fireplace Features: Gas Log, Gas Starter
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Whirlpool,Separate Shower,Double Sink,Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Full Bathrooms: 2
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit, Storage, Built-in Features, Walk-In Closet(s)
  • Dining Room Type: No additional rooms
  • Stories: 5

Exterior Features

  • Exterior Building Type: Brick
  • Waterfront: No

Garage/Parking

  • Number of Cars: 1
  • Garage Details: Garage Door Opener(s),Transmitter(s),Heated
  • Garage On-Site: Yes
  • Garage Ownership: Deeded Sold Separately
  • Garage Type: Attached
  • Parking: Garage
  • Deeded Garage Cost: 25000
  • Garage Spaces: 1

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Gas Dryer Hookup, In Unit
  • Sewer: Public Sewer
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Bundled Management
  • Management Contact Name: Zack Oberlies
  • Management Phone: 312-275-5750
  • Amenities: Elevator(s), Storage, Security Door Lock(s)
  • Association Fee: 360
  • Association Fee Frequency: Monthly
  • Pets Allowed: Cats OK, Dogs OK

Fee Information

  • Association Fee Includes: Water, Parking, Insurance, Exterior Maintenance, Scavenger

Schools

  • Junior High Dist: 299

Lot Info

  • Special Assessments: N
  • Additional Parcels: Yes

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 999

Multi Family

  • Units in Building: 15

Tax Info

  • Tax Exemptions: Homeowner
  • Tax Annual Amount: 9509.17
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2021
Closed on
Oct 22, 2021
Sold by
Peck Robert and Peck Laura C
Bought by
Polowy Bryan
Seller's Agent
Elizabeth Kenna Burke
@properties Christie's International Real Estate
Buyer's Agent
Taylor Brauneis
Keller Williams ONEChicago
List Price
$450,000
Sold Price
$447,000
Premium/Discount to List
-$3,000
-0.67%
Current Estimated Value
$503,728

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,728
Avg. Annual Appreciation
4.07%
Original Mortgage
$424,650
Outstanding Balance
$393,807
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$128,811

Purchase Details

Closed on
May 22, 2016
Sold by
Peck Robert D and Peck Laura C
Bought by
Peck Robert and Peck Laura C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
3.64%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 25, 2013
Sold by
Peck Laura H
Bought by
Peck Laura H and Peck Robert D

Purchase Details

Closed on
May 21, 2008
Sold by
Grand Ave Developers Llc
Bought by
Peck Laura H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,000
Interest Rate
6.01%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Polowy Bryan $447,000 Attorneys Ttl Guaranty Fund
Peck Robert -- Ravenswood Title Company Llc
Peck Laura H -- None Available
Peck Laura H $445,000 Cti
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Polowy Bryan $424,650
Previous Owner Peck Robert $50,000
Previous Owner Peck Robert $400,000
Previous Owner Peck Laura H $356,000
Previous Owner Peck Laura H $355,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2021 09/30/21 Sold $447,000 -0.7% $370 / Sq Ft
09/24/2021 09/24/21 Pending -- -- --
09/10/2021 09/10/21 For Sale $450,000 0.0% $373 / Sq Ft
09/10/2020 09/10/20 Rented $2,735 -8.8% --
08/19/2020 08/19/20 Under Contract -- -- --
07/22/2020 07/22/20 For Rent $3,000 -- --
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 $8,816 $45,285 $3,145 $42,140
2023 $8,546 $44,973 $1,435 $43,538
2022 $8,546 $44,973 $1,435 $43,538
2021 $8,374 $44,972 $1,435 $43,537
2020 $8,067 $39,313 $1,435 $37,878
2019 $8,011 $43,305 $1,435 $41,870
2018 $7,876 $43,305 $1,435 $41,870
2017 $7,810 $39,653 $1,266 $38,387
2016 $7,442 $39,653 $1,266 $38,387
2015 $6,786 $39,653 $1,266 $38,387
2014 $5,545 $32,455 $1,076 $31,379
2013 $5,424 $32,455 $1,076 $31,379
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11215062

Midwest Real Estate Data (MRED)

APN: 17-09-104-026-1012