The Residences at the Joffrey Tower 8 E Randolph St Unit 2601 Chicago, IL 60601
The Loop NeighborhoodEstimated Value: $483,000 - $551,000
2
Beds
2
Baths
1,365
Sq Ft
$1,387/mo
HOA Fee
Highlights
- Doorman
- 1-minute walk to Lake Station
- 1 Car Attached Garage
- Fitness Center
- Elevator
- 4-minute walk to Millenium Park
About This Home
As of June 2024This stunning 2 bed 2 bath condo is ideally situated in the heart of the Chicago Loop, just steps away from the renowned Joffrey Theatre and iconic Millennium Park. Upon entering, you'll be greeted by an abundance of natural light that illuminates the spacious open floor plan, creating an inviting and airy atmosphere. The modern kitchen features sleek appliances, ample storage, and sitting area, perfect for both casual dining and entertaining. The master suite is a true retreat, boasting a luxurious en-suite bathroom and generous closet space. The second bedroom offers flexibility for guests, a home office, or a cozy den. Step outside onto the private balcony and take in the breathtaking views of the city skyline showcasing the Chicago river, Lake Michigan, and historic landmarks such as London House and Carbide and Carbon building. Residents of this sought-after building enjoy access to a range of amenities, including a fitness center, lounge/work area, and secure parking garage with an EXTRA WIDE spot for an additional 30K. With the convenience of being within walking distance to the theatre district, Millennium Park, world-class dining, and shopping, this condo offers the epitome of urban living. Don't miss the opportunity to make this sophisticated condo your new home in the heart of downtown Chicago!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $10,412
Year Built
- Built in 2008
Lot Details
- 0.44
HOA Fees
- $1,387 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Heated Garage
- Garage Transmitter
- Off Alley Driveway
- Parking Included in Price
Home Design
- 1,365 Sq Ft Home
- Concrete Perimeter Foundation
Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- 2 Full Bathrooms
- Dual Sinks
Home Security
Utilities
- Central Air
- Humidifier
- Heating System Uses Natural Gas
- Lake Michigan Water
Listing and Financial Details
- Homeowner Tax Exemptions
Community Details
Overview
- Association fees include heat, air conditioning, water, gas, parking, insurance, security, doorman, tv/cable, exercise facilities, exterior maintenance, scavenger, snow removal, internet
- 174 Units
- Interim Manager Scott Association, Phone Number (312) 578-8550
- Property managed by Sudler Property Management
- 33-Story Property
Amenities
- Doorman
- Elevator
- Service Elevator
Recreation
- Bike Trail
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
Feb 29, 2024
Closed on
Jun 17, 2024
Sold by
Fonseca Marcio Da
Bought by
Dasari Sri N and Akula Lakshmi D
Seller's Agent
Alexandre Stoykov
Compass
Buyer's Agent
Ali Arciniega
ALLURE Real Estate
List Price
$499,900
Sold Price
$453,000
Premium/Discount to List
-$46,900
-9.38%
Views
77
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
$51,077
Avg. Annual Appreciation
12.76%
Purchase Details
Listed on
Mar 15, 2013
Closed on
Apr 26, 2013
Sold by
Brezina Marcia K and Witt Craig A
Bought by
Fonseca Marcio Da
Seller's Agent
Mark Schmandt
Baird & Warner
Buyer's Agent
James Horwath
@properties
List Price
$474,000
Sold Price
$474,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.41%
Original Mortgage
$355,500
Interest Rate
3.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 12, 2010
Sold by
Smithfield Properties Xl Llc
Bought by
Witt Joy C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
5.11%
Mortgage Type
New Conventional
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Dasari Sri N | $453,000 | None Listed On Document | |
| Fonseca Marcio Da | $474,000 | North American Title Co | |
| Witt Joy C | $471,000 | Nnnt |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Fonseca Marcio Da | $293,800 | |
| Previous Owner | Fonseca Marcio Da | $355,500 | |
| Previous Owner | Witt Joy C | $60,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/24/2024 06/24/24 | Sold | $453,000 | -9.4% | $332 / Sq Ft |
| 06/03/2024 06/03/24 | Pending | -- | -- | -- |
| 02/29/2024 02/29/24 | For Sale | $499,900 | +5.5% | $366 / Sq Ft |
| 04/29/2013 04/29/13 | Sold | $474,000 | 0.0% | $347 / Sq Ft |
| 03/16/2013 03/16/13 | Pending | -- | -- | -- |
| 03/15/2013 03/15/13 | For Sale | $474,000 | -- | $347 / 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 | $10,748 | $50,702 | $2,624 | $48,078 |
| 2023 | $10,412 | $52,000 | $2,115 | $49,885 |
| 2022 | $10,412 | $52,000 | $2,115 | $49,885 |
| 2021 | $10,186 | $51,999 | $2,115 | $49,884 |
| 2020 | $10,351 | $47,884 | $1,916 | $45,968 |
| 2019 | $10,194 | $52,151 | $1,916 | $50,235 |
| 2018 | $10,017 | $52,151 | $1,916 | $50,235 |
| 2017 | $9,988 | $44,505 | $1,586 | $42,919 |
| 2016 | $9,340 | $44,505 | $1,586 | $42,919 |
| 2015 | $8,566 | $44,505 | $1,586 | $42,919 |
| 2014 | $6,403 | $32,592 | $3,367 | $29,225 |
| 2013 | $6,279 | $32,592 | $3,367 | $29,225 |
Source: Public Records
Agents Affiliated with this Home
-
Alexandre Stoykov
Seller's Agent in 2024
Alexandre Stoykov
Compass
(312) 593-3110
13 in this area
1,046 Total Sales
-
Maggie Butzke
Seller Co-Listing Agent in 2024
Maggie Butzke
Jameson Sotheby's Intl Realty
(630) 677-4514
1 in this area
13 Total Sales
-
Ali Arciniega
Buyer's Agent in 2024
Ali Arciniega
ALLURE Real Estate
(773) 683-1249
4 in this area
113 Total Sales
-
Mark Schmandt
Seller's Agent in 2013
Mark Schmandt
Baird Warner
(773) 580-5155
5 Total Sales
-
J
Buyer's Agent in 2013
James Horwath
@ Properties
About The Residences at the Joffrey Tower
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11992731
APN: 17-10-305-011-1121
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