Seller's Agent in 2022
Jackie Grieshamer
4 Sale Realty, Inc.
(630) 669-6830
2 in this area
370 Total Sales
One River Place 758 N Larrabee St Unit 227 Chicago, IL 60654
River North NeighborhoodEstimated Value: $332,000 - $513,000
2
Beds
1
Bath
1,003
Sq Ft
$451/mo
HOA Fee
Highlights
- Doorman
- River Front
- Vaulted Ceiling
- Fitness Center
- Landscaped Professionally
- 4-minute walk to Ward A Montgomery Park Chicago
About This Home
As of April 2022Beautiful concrete loft in the historic former Montgomery Ward warehouse located in River North. Originally built in 1929 the building was converted to condos in 2002 and has a total of 241 units. A top the building is the bronze statue titled "Spirit of Chicago" from the 1933 World's Fair. The history of the building continues in unit 227 boasting almost 16' concrete ceilings, concrete columns, and hardwood floors throughout. The 9' x 26' New Orleans style courtyard terrace off the kitchen provides a spacious area to host guests and protects you from the wind and noise of the city. The patio has plenty of room for a grill, sectional seating, and table. The unit has a fully enclosed Main suite with brand new Elfa storage maximizing the space. The spa like bathroom is a true retreat with a marble vanity and large bathtub for soaking on cold winter nights. The hallway features additional linen closet storage that was added in 2021. A custom-built closet holds coats and has additional storage above as well as a separate section to store a 12' ladder. As you make your way into the open living/dining room there is a cozy library nook to snuggle up with a book and a ventless fireplace surrounded by statement tile and a weathered wood mantle. The kitchen has loads of storage with soft white cabinets and a dark wood island for contrast. There are quartz countertops and wine storage for up to 23 bottles. The kitchen has a top-of-the-line Bosch dishwasher and Samsung appliances. In the second bedroom/den there is new LG Tower W/D unit. Many residents have lofted this space as there is plenty of ceiling height to do so. There are Nest controls for the HVAC/furnace as well as Nest smoke and CO2 detectors. The building features 24/7 doorman, rooftop deck with fireplace, grills, lounge chairs and tables with views of the city in all directions, fitness room, onsite dry-cleaning drop-off and pick-up, bike room, storage locker and heated parking garage. List price includes storage locker and heated parking space. Located steps away is a dog park and the building is very dog friendly. There is no separate dog entrance and you can use the front door like any other resident. Also blocks away is a playground and Montgomery Ward Park which features Movies in the Park during the summer and where you can find families and friends enjoying picnics on any nice day. There is also a water taxi pick-up. This building and unit really do have it all.
Last Agent to Sell the Property
4 Sale Realty, Inc. License #471018458 Listed on: 01/11/2022
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $5,768
Year Built
- Built in 1929
Lot Details
- River Front
- Landscaped Professionally
- Additional Parcels
HOA Fees
- $451 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Heated Garage
- Garage Door Opener
- Parking Included in Price
Home Design
- Concrete Block And Stucco Construction
Interior Spaces
- 1,003 Sq Ft Home
- Vaulted Ceiling
- Living Room with Fireplace
- Combination Dining and Living Room
- Wood Flooring
Kitchen
- Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- 1 Full Bathroom
- Whirlpool Bathtub
Laundry
- Dryer
- Washer
Home Security
Outdoor Features
- Courtyard
- Patio
- Terrace
Schools
- Ogden Elementary School
Utilities
- Central Air
- Heating System Uses Natural Gas
- Lake Michigan Water
Community Details
Overview
- Association fees include water, insurance, doorman, tv/cable, exercise facilities, exterior maintenance, scavenger, snow removal
- 241 Units
- Daniela Riveros Santillan Association, Phone Number (312) 222-1239
- One River Place Subdivision
- Property managed by Sudler Property Mgmt.
- 9-Story Property
Amenities
- Doorman
- Sundeck
- Elevator
- Service Elevator
- Package Room
Recreation
Pet Policy
- Dogs and Cats Allowed
Security
- Resident Manager or Management On Site
- Carbon Monoxide Detectors
- Fire Sprinkler System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 11, 2022
Closed on
Apr 12, 2022
Sold by
Rawlings Lindsay
Bought by
Schoessling Sarah
Seller's Agent
Jackie Grieshamer
4 Sale Realty, Inc.
Buyer's Agent
Ashley Bell
@properties Christie's International Real Estate
List Price
$399,000
Sold Price
$375,000
Premium/Discount to List
-$24,000
-6.02%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,630
Avg. Annual Appreciation
2.07%
Original Mortgage
$318,750
Outstanding Balance
$300,868
Interest Rate
3.88%
Estimated Equity
$100,808
Purchase Details
Listed on
Jan 11, 2022
Closed on
Apr 6, 2022
Sold by
Rawlings Lindsay
Bought by
Schoessling Sarah
Seller's Agent
Jackie Grieshamer
4 Sale Realty, Inc.
Buyer's Agent
Ashley Bell
@properties Christie's International Real Estate
List Price
$399,000
Sold Price
$375,000
Premium/Discount to List
-$24,000
-6.02%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,750
Outstanding Balance
$300,868
Interest Rate
3.88%
Estimated Equity
$100,808
Purchase Details
Closed on
Aug 16, 2011
Sold by
Gasper Piya and Gasper Jayson E
Bought by
Auty Jonathan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,800
Interest Rate
4.59%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 2, 2008
Sold by
Mahendru Subhash K
Bought by
Mahendru Piya and Gasper Jayson E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,082
Interest Rate
5.93%
Mortgage Type
FHA
Purchase Details
Closed on
Jun 28, 2004
Sold by
Cogley William A and Cogley Marilyn B
Bought by
Mahendru Subhash K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,600
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 23, 2002
Sold by
Chicago Larrabee Llc
Bought by
Cogley William A and Cogley Marilyn B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,700
Interest Rate
7.12%
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Schoessling Sarah | $375,000 | -- | |
| Schoessling Sarah | $375,000 | None Listed On Document | |
| Schoessling Sarah | $375,000 | -- | |
| Auty Jonathan | $298,000 | Attorneys Title Guaranty Fun | |
| Mahendru Piya | $315,000 | Attorneys Title Guaranty Fun | |
| Mahendru Subhash K | $312,000 | Ctic | |
| Cogley William A | $239,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Schoessling Sarah | $318,750 | |
| Closed | Schoessling Sarah | $318,750 | |
| Previous Owner | Rawlings Lindsay | $225,000 | |
| Previous Owner | Rawlings Lindsay | $256,000 | |
| Previous Owner | Auty Jonathan | $262,800 | |
| Previous Owner | Mahendru Piya | $310,082 | |
| Previous Owner | Mahendru Subhash K | $249,600 | |
| Previous Owner | Cogley William A | $214,700 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/08/2022 04/08/22 | Sold | $375,000 | -6.0% | $374 / Sq Ft |
| 02/16/2022 02/16/22 | Pending | -- | -- | -- |
| 01/11/2022 01/11/22 | For Sale | $399,000 | -- | $398 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $4,130 | $23,780 | $2,829 | $20,951 |
| 2023 | $4,708 | $22,890 | $2,281 | $20,609 |
| 2022 | $4,708 | $22,890 | $2,281 | $20,609 |
| 2021 | $4,603 | $22,889 | $2,281 | $20,608 |
| 2020 | $4,620 | $20,737 | $1,759 | $18,978 |
| 2019 | $4,523 | $22,513 | $1,759 | $20,754 |
| 2018 | $4,447 | $22,513 | $1,759 | $20,754 |
| 2017 | $3,882 | $18,033 | $1,499 | $16,534 |
| 2016 | $3,612 | $18,033 | $1,499 | $16,534 |
| 2015 | $3,304 | $18,033 | $1,499 | $16,534 |
| 2014 | $2,791 | $15,040 | $938 | $14,102 |
| 2013 | $2,735 | $15,040 | $938 | $14,102 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2022
Ashley Bell
@ Properties
(312) 952-0958
3 in this area
105 Total Sales
About One River Place
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11302312
APN: 17-09-113-012-1026
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