Seller's Agent in 2023
Michael Michalak
RE/MAX
(312) 527-4417
12 in this area
139 Total Sales
The Residences at the Joffrey Tower 8 E Randolph St Unit 1008 Chicago, IL 60601
The Loop NeighborhoodEstimated Value: $433,000 - $542,000
2
Beds
2
Baths
1,395
Sq Ft
$1,074/mo
HOA Fee
Highlights
- Doorman
- 1-minute walk to Lake Station
- Lock-and-Leave Community
- South Loop Elementary School Rated 9+
- Fitness Center
- 5-minute walk to Millenium Park
About This Home
As of March 2023Spacious, well priced split 2bd/2ba with parking included! Southwest corner home features floor to ceiling windows with excellent city views, high ceilings, and almost 1,400 square feet of living space. The spacious living room / dining room has plenty of room for hosting family and friends with a separate dining area near the balcony. The large private balcony is the perfect spot to take in the views and unwind or grill out. The primary bath suite has large window, dual-vanities, and big walk in closet. The second bedroom can fit a king size bed and is conveniently located near the second full bathroom and laundry room. Enjoy all the city has to offer at your doorstep and come home to the comfort of full amenity living (24 hour doorman, gym, lounge, package receiving attendant). 1 heated garage parking included in the price! Don't let this unique home get away. Assessments include all utilities (internet, cable, cooking gas, heat, a/c, hot & cold water) except small electric bill.
Last Agent to Sell the Property
RE/MAX 10 Lincoln Park License #475114641 Listed on: 10/16/2022
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $9,464
Year Built
- Built in 2008
Lot Details
- End Unit
HOA Fees
- $1,074 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Garage Door Opener
- Parking Included in Price
Interior Spaces
- 1,395 Sq Ft Home
- Window Treatments
- Combination Dining and Living Room
- Storage
- Granite Countertops
Flooring
- Wood
- Laminate
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
- Dual Sinks
- Soaking Tub
Laundry
- Laundry in unit
- Washer and Dryer Hookup
Home Security
Outdoor Features
- Balcony
- Terrace
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Cable TV Available
Community Details
Overview
- Association fees include heat, air conditioning, water, gas, parking, insurance, doorman, tv/cable, exercise facilities, exterior maintenance, scavenger, snow removal, internet
- 184 Units
- Christina Hannigan Association, Phone Number (312) 578-8550
- Joffrey Tower Subdivision
- Property managed by Sudler Management
- Lock-and-Leave Community
- 34-Story Property
Amenities
- Doorman
- Valet Parking
- Service Elevator
- Package Room
- Elevator
Recreation
- Bike Trail
Pet Policy
- Limit on the number of pets
- 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
Oct 16, 2022
Closed on
Feb 22, 2023
Sold by
Gallagher Neil J
Bought by
Pradhan Tanmay and Wadhawan Aditi
Seller's Agent
Michael Michalak
RE/MAX 10 Lincoln Park
Buyer's Agent
Ben Lalez
Compass
List Price
$449,000
Sold Price
$428,000
Premium/Discount to List
-$21,000
-4.68%
Views
17
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
$57,713
Avg. Annual Appreciation
4.67%
Original Mortgage
$406,600
Outstanding Balance
$394,518
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$91,195
Purchase Details
Closed on
Dec 13, 2017
Sold by
Jenkins Gregory H
Bought by
Gallagher Neil J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$383,000
Interest Rate
3.25%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 28, 2008
Sold by
Smithfield Properties Xl Llc
Bought by
Jenkins Gregory H
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
6.11%
Mortgage Type
Unknown
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 |
|---|---|---|---|
| Pradhan Tanmay | $428,000 | None Listed On Document | |
| Gallagher Neil J | $563,000 | Near North National Title | |
| Jenkins Gregory H | $471,000 | Near North National Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Pradhan Tanmay | $406,600 | |
| Previous Owner | Gallagher Neil J | $383,000 | |
| Previous Owner | Jenkins Gregory H | $225,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/02/2023 03/02/23 | Sold | $428,000 | -0.2% | $307 / Sq Ft |
| 12/27/2022 12/27/22 | Pending | -- | -- | -- |
| 11/07/2022 11/07/22 | Price Changed | $429,000 | -4.5% | $308 / Sq Ft |
| 10/16/2022 10/16/22 | For Sale | $449,000 | -- | $322 / 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 | $9,934 | $43,354 | $2,244 | $41,110 |
| 2023 | $9,645 | $45,001 | $1,809 | $43,192 |
| 2022 | $9,645 | $45,001 | $1,809 | $43,192 |
| 2021 | $9,418 | $44,999 | $1,808 | $43,191 |
| 2020 | $9,464 | $40,944 | $1,638 | $39,306 |
| 2019 | $9,330 | $44,592 | $1,638 | $42,954 |
| 2018 | $9,169 | $44,592 | $1,638 | $42,954 |
| 2017 | $8,541 | $38,055 | $1,356 | $36,699 |
| 2016 | $7,987 | $38,055 | $1,356 | $36,699 |
| 2015 | $7,325 | $38,055 | $1,356 | $36,699 |
| 2014 | $5,475 | $27,868 | $2,879 | $24,989 |
| 2013 | $5,369 | $27,868 | $2,879 | $24,989 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Michalak
-
Ben Lalez
Buyer's Agent in 2023
Ben Lalez
Compass
(312) 789-4054
13 in this area
1,419 Total Sales
About The Residences at the Joffrey Tower
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11653971
APN: 17-10-305-011-1008
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