NOT LISTED FOR SALE

New Franklin Building 720 S Dearborn St Unit 603 Chicago, IL 60605

Printers Row Neighborhood

Estimated Value: $284,000 - $344,000

1 Bed
1.5 Baths
1,250 Sq Ft
7,710 Sq Ft Lot

Last Sold February 24, 2023

Last sale price $265,000 $212 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $2,886/month

2 Days on Market

Highlights

  • Multiple Garages
  • 4-minute walk to Harrison Station
  • 1 Car Detached Garage
  • South Loop Elementary School Rated 9+
  • Wood Flooring
  • 1-minute walk to Printers Row Park

About This Home

As of February 2023

Own a piece of Chicago history! Iconic Franklin lofts, ENORMOUS, front facing, 1 BR unit with full + guest bath, in-unit laundry, maple floors throughout, upgraded kitchen and baths with stone counters, deluxe stainless appliances, main bath with separate tub and shower, and lots of storage. Monthly assessment includes everything xcpt electric. Incredible location - step out your door to everything Chicago has to offer: dining, retail, park, lake, museums, sports, Loop, etc. Great commuter location: Blue and Red lines and Metra within blocks, immediate access to 290, 90 and 55 for reverse commutes. Parking offsite between $200-270/month.

Last Agent to Sell the Property

Chris Sears

@properties Christie's International Real Estate License #475145561 Listed on: 01/16/2023

@properties Christie's International Real Estate

Last Buyer's Agent

Benjamin Lissner

Baird & Warner License #475171160

Baird & Warner

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,317

Year Renovated

  • 1989

Lot Details

  • 7,710

HOA Fees

  • $683 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Multiple Garages
  • Leased Parking

Home Design

  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,250 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • Separate Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Utilities

  • Central Air
  • Heating Available
  • Lake Michigan Water

Community Details

Overview

  • Association fees include heat, air conditioning, water, insurance, tv/cable, exterior maintenance, scavenger, snow removal, internet
  • 64 Units
  • Tairre Management Services Association, Phone Number (847) 299-5740
  • Loft
  • Property managed by Tairre Management Services

Amenities

  • Restaurant
  • Coin Laundry
  • Service Elevator
  • Elevator

Recreation

  • Bike Trail

Pet Policy

  • Pets up to 60 lbs
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,317

Year Renovated

1989

Lot Details

7,710 Sq Ft Lot

HOA Fees

$683 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Age: Unknown
  • 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: 6
  • Rehab Year: 1989
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1
  • Year Renovated: 1989

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: None
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 1
  • Interior Amenities: Elevator, Hardwood Floors
  • LivingArea: 1250
  • Room Type: No additional rooms
  • Stories Total: 1
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Separate Shower
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Plans

Exterior Features

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

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage Details: Multiple Garages
  • Garage On-Site: No
  • Garage Ownership: Fee/Leased
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Sewer-Storm
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Electric
  • Laundry Features: In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 683
  • Association Amenities: Bike Room/Bike Trails, Coin Laundry, Elevator(s), Restaurant, Service Elevator(s)
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Tairre Management Services
  • Management Contact Name: Tairre Management Services
  • Management Phone: 847-299-5740
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Air Conditioning, Water, Insurance, TV/Cable, Exterior Maintenance, Scavenger, Snow Removal, Internet

Lot Info

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

Rental Info

  • Lease Amount: 290
  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 60

Tax Info

  • Tax Annual Amount: 6317.48
  • Tax Year: 2021
  • Tax Exemptions: None

Multi Family

  • Units in Building: 64

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2023
Closed on
Feb 15, 2023
Sold by
Quigley John Il and Quigley Julie A
Bought by
Sandlass Cara
Seller's Agent
Chris Sears
@properties Christie's International Real Estate
Buyer's Agent
Benjamin Lissner
Baird & Warner
List Price
$265,000
Sold Price
$265,000
Views
13
Current Estimated Value
$317,378

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,378
Avg. Annual Appreciation
6.09%
Original Mortgage
$257,050
Outstanding Balance
$248,004
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$69,374

Purchase Details

Closed on
May 4, 2009
Sold by
Whiteley Michael H
Bought by
Quigley John R and Cutler Julie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,375
Interest Rate
4.85%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 16, 2002
Sold by
Ilagan Cesar B and Ilagan Zenaida G
Bought by
Whiteley Michael H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,250
Interest Rate
6.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 4, 1998
Sold by
Moy Wallace K
Bought by
Ilagan Cesar B and Ilagan Zenaida

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
6.87%
Source: Public Records
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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
Sandlass Cara $265,000 Proper Title
Quigley John R $288,500 Chicago Title Insurance Co
Whiteley Michael H $239,000 Centennial Title Incorporate
Ilagan Cesar B $145,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sandlass Cara $257,050
Previous Owner Quigley John R $216,375
Previous Owner Whiteley Michael H $179,250
Previous Owner Ilagan Cesar B $116,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/24/2023 02/24/23 Sold $265,000 0.0% $212 / Sq Ft
01/19/2023 01/19/23 Pending -- -- --
01/16/2023 01/16/23 For Sale $265,000 -- $212 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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
2025 $6,628 $30,093 $2,397 $27,696
2024 $6,628 $30,093 $2,397 $27,696
2023 $6,462 $31,416 $1,932 $29,484
2022 $6,462 $31,416 $1,932 $29,484
2021 $6,317 $31,416 $1,932 $29,484
2020 $5,662 $25,417 $1,750 $23,667
2019 $5,562 $27,683 $1,750 $25,933
2018 $5,468 $27,683 $1,750 $25,933
2017 $4,863 $22,589 $1,448 $21,141
2016 $4,524 $22,589 $1,448 $21,141
2015 $4,233 $23,099 $1,448 $21,651
2014 $3,535 $19,053 $1,334 $17,719
2013 $3,465 $19,053 $1,334 $17,719
Source: Public Records

Agents Affiliated with this Home

  • Chris Sears

    Seller's Agent in 2023

    Chris Sears

    @ Properties

    (312) 298-9099

    1 in this area

    80 Total Sales

    Chris Sears
    Section Image
  • Benjamin Lissner

    Buyer's Agent in 2023

    Benjamin Lissner

    Baird & Warner

    (312) 401-9176

    28 in this area

    343 Total Sales

    Benjamin Lissner
    Section Image
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About New Franklin Building

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11701640

Midwest Real Estate Data (MRED)

APN: 17-16-406-032-1040

Illinois Cook County Chicago 60605 Printers Row

720 S Dearborn St Unit 603, Chicago, IL

Not Listed for Sale

Condos

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID

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