The Residences at the Joffrey Tower 8 E Randolph St Unit 2004 Chicago, IL 60601
The Loop Neighborhood
2
Beds
2
Baths
1,446
Sq Ft
$1,304/mo
HOA Fee
Highlights
- Doorman
- 1-minute walk to Lake Station
- Open Floorplan
- Water Views
- Fitness Center
- 4-minute walk to Millenium Park
About This Home
As of August 2024Welcome to Joffrey Tower at 8 E. Randolph Street #2004, situated in the heart of Chicago's Loop. This prime location puts you steps away from Macy's, Target, AMC Theater, the famous Chicago Theatre, shopping, dining, the river walk, public transportation, and more. This large 2 bed, 2 bath South/East corner unit offers stunning city and lake views, with picture-perfect scenery from every room with floor-to-ceiling windows. The entire unit has been freshly repainted and boasts brand new flooring as of July 2024. The oversized kitchen features granite countertops and stainless steel appliances, including a brand new dishwasher installed in 2024. Step out onto the balcony to enjoy breathtaking views. The spacious primary bedroom includes a walk-in closet and an en-suite bathroom with double sinks. The second bedroom is also generously sized. The unit comes with an in-unit washer and dryer, along with additional storage in the laundry room. Monthly HOA assessments cover AC, heat, cooking gas, water, cable/internet, trash, and a parking spot. Owners only need to pay for electricity. Joffrey Tower is a full-service building with 24/7 door staff, a recently renovated lobby, bike storage, well-equipped fitness center, package receiving room, library, party room, and more. A storage locker (#76 on the 9th floor) is included in the price. An indoor parking spot (#53) is available for $30K, located on the prime -1 level. Parking is a limited common element, so no additional tax is required. The building reserves are approximately $1.2MM, with no planned special assessments. Joffrey Tower is an investor-friendly building with no rental cap, though there is a minimum one-year lease requirement. A 3D virtual tour, floor plan and video tour are available upon request.
Last Agent to Sell the Property
Fulton Grace Realty License #471021199 Listed on: 07/25/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $10,085
Year Built
- Built in 2008 | Remodeled in 2024
HOA Fees
- $1,304 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Heated Garage
- Parking Included in Price
Interior Spaces
- 1,446 Sq Ft Home
- Open Floorplan
- Combination Dining and Living Room
- Storage
- Laminate Flooring
- Water Views
Kitchen
- Gas Oven
- Gas Cooktop
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Granite Countertops
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
- Soaking Tub
Laundry
- Laundry in unit
- Dryer
- Washer
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Lake Michigan Water
Additional Features
- Balcony
- Property is near a bus stop
Community Details
Overview
- Association fees include heat, air conditioning, water, gas, parking, insurance, doorman, tv/cable, exercise facilities, exterior maintenance, lawn care, scavenger, snow removal, internet
- 174 Units
- Lucretia Crestescu Association, Phone Number (312) 578-8550
- Joffrey Tower Subdivision
- Property managed by joffreytowermgr@sudlerchicago.com
- 33-Story Property
Amenities
- Doorman
- Valet Parking
- Party Room
- Laundry Facilities
- Service Elevator
- Package Room
- Elevator
Recreation
- Bike Trail
Pet Policy
- Pets up to 60 lbs
- Pet Size Limit
- Dogs and Cats Allowed
Security
- Resident Manager or Management On Site
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 25, 2024
Closed on
Aug 23, 2024
Sold by
He Ji and Zhang Yaqi
Bought by
H & F Chicago 60601 Llc
Seller's Agent
Chih-Hao Yang
Fulton Grace Realty
Buyer's Agent
Lauren Mitrick Wood
Compass
List Price
$450,000
Sold Price
$468,000
Premium/Discount to List
$18,000
4%
Views
18
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
$16,271
Avg. Annual Appreciation
2.11%
Purchase Details
Listed on
Jun 12, 2019
Closed on
Aug 9, 2019
Sold by
Mandel Lee M and Mandel Portia D
Bought by
He Ji
Seller's Agent
Portia Mandel
RE/MAX of Naperville
Buyer's Agent
Leslie Glazier
@properties Christie's International Real Estate
List Price
$529,900
Sold Price
$555,000
Premium/Discount to List
$25,100
4.74%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.33%
Original Mortgage
$265,000
Interest Rate
3.12%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 16, 2008
Sold by
Smithfield Properties Xl Llc
Bought by
Mandel Lee M and Mandel Portia D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$366,300
Interest Rate
6.17%
Mortgage Type
Unknown
Similar Homes in Chicago, IL
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $468,000 | Citywide Title | |
| Warranty Deed | $555,000 | Fidelity National Title | |
| Warranty Deed | $458,000 | Near North National Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $265,000 | New Conventional | |
| Previous Owner | $366,300 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/23/2024 08/23/24 | Sold | $468,000 | +4.0% | $324 / Sq Ft |
| 08/07/2024 08/07/24 | Pending | -- | -- | -- |
| 07/25/2024 07/25/24 | For Sale | $450,000 | -18.9% | $311 / Sq Ft |
| 08/09/2019 08/09/19 | Sold | $555,000 | +4.7% | $405 / Sq Ft |
| 06/28/2019 06/28/19 | Pending | -- | -- | -- |
| 06/12/2019 06/12/19 | For Sale | $529,900 | -- | $387 / 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 | $10,085 | $47,763 | $2,472 | $45,291 |
| 2023 | $9,769 | $49,000 | $1,992 | $47,008 |
| 2022 | $9,769 | $49,000 | $1,992 | $47,008 |
| 2021 | $10,255 | $48,999 | $1,992 | $47,007 |
| 2020 | $10,427 | $45,108 | $1,805 | $43,303 |
| 2019 | $10,279 | $49,128 | $1,805 | $47,323 |
| 2018 | $10,102 | $49,128 | $1,805 | $47,323 |
| 2017 | $9,409 | $41,925 | $1,494 | $40,431 |
| 2016 | $8,799 | $41,925 | $1,494 | $40,431 |
| 2015 | $8,070 | $41,925 | $1,494 | $40,431 |
| 2014 | $6,032 | $30,703 | $3,172 | $27,531 |
| 2013 | $5,915 | $30,703 | $3,172 | $27,531 |
Source: Public Records
Agents Affiliated with this Home
-
Chih-Hao Yang
Seller's Agent in 2024
Chih-Hao Yang
Fulton Grace
(217) 819-8009
6 in this area
133 Total Sales
-
Lauren Mitrick Wood
Buyer's Agent in 2024
Lauren Mitrick Wood
Compass
(312) 448-4069
4 in this area
622 Total Sales
-
Portia Mandel
Seller's Agent in 2019
Portia Mandel
RE/MAX
(630) 201-7970
2 in this area
56 Total Sales
-
Taylor Anderson
Seller Co-Listing Agent in 2019
Taylor Anderson
RE/MAX
(630) 305-4797
50 Total Sales
-
Leslie Glazier
Buyer's Agent in 2019
Leslie Glazier
@ Properties
(312) 208-3444
2 in this area
189 Total Sales
About The Residences at the Joffrey Tower
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12120613
APN: 17-10-305-011-1076
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