NOT LISTED FOR SALE

Estimated Value: $2,592,487

3 Beds
2.5 Baths
3,200 Sq Ft
$2,336/mo HOA Fee

Last Sold November 01, 2024

Last sale price $2,750,000 $859 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $18,784/month

54 Days on Market

Highlights

  • Doorman
  • 3-minute walk to Chicago Avenue Station (Red Line)
  • Wood Flooring
  • Steam Room
  • Fitness Center
  • 2-minute walk to Connors Park

About This Home

As of November 2024

Welcome to the epitome of luxury living in the heart of Chicago! This extraordinary East-facing residence at the prestigious Park Tower (Park Hyatt's five-star luxury hotel) offers unparalleled views of both Lake Michigan and the iconic city skyline. Totally remodeled by renowned local Chicago designer Scott Himmel, with over $1 million invested in the renovations, this home combines elegance and modernity in a perfect layout that includes 3 spacious bedrooms and 2.5 beautifully appointed bathrooms. Designed for both comfort and sophistication, this residence caters to your every need. Step into a world of opulence with the custom-designed kitchen, featuring a sleek island ideal for everyday meals and entertaining guests. The kitchen is outfitted with top-of-the-line appliances and designer finishes that will delight any culinary enthusiast. Throughout the unit, you'll find rich wide plank wood flooring that adds a touch of warmth and sophistication to every room. The master suite is a luxurious retreat, featuring expansive views and a layout designed for ultimate relaxation and tranquility. You'll find it hard to leave this serene space! Modern conveniences abound, including motorized shades on all windows, surround sound, theater lighting, and electronic window treatments that enhance the home's ambiance and offer ease of living. Enjoy the seamless integration of technology with your living environment. Additionally, the property includes one parking space with the unit. Don't miss this rare opportunity to own a slice of high-end living with stunning vistas, impeccable design, and a location that places you in the center of it all. This unit at Park Tower is truly a gem! The building offers top-of-the-line state-of-the-art amenities, including a health club, indoor pool, massage rooms, room service, catering services, and much more.

Last Agent to Sell the Property

Chezi Rafaeli

Coldwell Banker Realty License #475129431 Listed on: 07/26/2024

Coldwell Banker Realty

Last Buyer's Agent

Benjamin Lissner

Baird & Warner License #475171160

Baird & Warner

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $34,543

Year Built

  • Built in 2000

Lot Details

  • 9,453

HOA Fees

  • $2,336 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Parking Included in Price

Home Design

  • Rubber Roof
  • Metal Roof

Interior Spaces

  • 3,200 Sq Ft Home
  • Family Room
  • Living Room
  • L-Shaped Dining Room
  • Storage

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

Utilities

  • Central Air
  • Heating Available
  • Lake Michigan Water

Community Details

Overview

  • Association fees include heat, air conditioning, water, gas, parking, doorman, tv/cable, internet
  • 117 Units
  • Paulette Rodriguez Association, Phone Number (312) 587-7968
  • High-Rise Condominium
  • Property managed by Sudler
  • 67-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Sundeck
  • Steam Room
  • Sauna
  • Party Room
  • Elevator
  • Service Elevator
  • Package Room
  • Community Storage Space

Recreation

  • Bike Trail

Pet Policy

  • Limit on the number of pets
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$34,543

Year Built

Built in 2000

Lot Details

0

HOA Fees

$2,336 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,High Rise (7+ Stories)
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,High Rise (7+ Stories)
  • Year Built: 2000
  • Age: 21-25 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 39
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 67

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: None
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit, Storage
  • LivingArea: 3200
  • Room Type: No additional rooms
  • Stories Total: 67
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Separate Shower
  • Below Grade Bedrooms: 0
  • Dining Room: L-shaped
  • Total Sq Ft: 0
  • Flooring: Carpet
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Balcony
  • Roof: Metal, Rubber
  • Waterfront: No
  • Exterior Building Type: Stone,Concrete,Limestone

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Electric
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit
  • Association Fee: 2336
  • Association Amenities: Bike Room/Bike Trails, Door Person, Elevator(s), Exercise Room, Storage, Health Club, On Site Manager/Engineer, Party Room, Sundeck, Indoor Pool, Receiving Room, Sauna, Service Elevator(s), Steam Room, Valet/Cleaner
  • Association Fee Frequency: Monthly
  • Management: Manager On-site,Monday through Friday
  • Master Association Fee Frequency: Not Required
  • Management Company: Sudler
  • Management Contact Name: Paulette Rodriguez
  • Management Phone: 312-587-7968
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Air Conditioning, Water, Gas, Parking, Doorman, TV/Cable, Internet

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 34543.41
  • Tax Year: 2023

Multi Family

  • Units in Building: 117

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2024
Closed on
Nov 1, 2024
Sold by
Jhin Ann S
Bought by
Le Beau Michelle
Seller's Agent
Chezi Rafaeli
Coldwell Banker Realty
Buyer's Agent
Benjamin Lissner
Baird & Warner
List Price
$2,995,000
Sold Price
$2,750,000
Premium/Discount to List
-$245,000
-8.18%
Views
18
Current Estimated Value
$2,592,487

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$157,513
Avg. Annual Appreciation
-5.73%
Original Mortgage
$2,062,500
Outstanding Balance
$2,039,665
Interest Rate
5.55%
Mortgage Type
New Conventional
Estimated Equity
$552,822

Purchase Details

Closed on
May 26, 2010
Sold by
Atg Trust Company
Bought by
Jhin Ann S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,400,000
Interest Rate
4.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 13, 2001
Sold by
Cooper Eric A
Bought by
The Northern Trust Company and Trust #9800

Purchase Details

Closed on
Aug 3, 2000
Sold by
Park Tower Llc
Bought by
Cooper Eric A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,400,000
Interest Rate
8.24%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Le Beau Michelle $2,750,000 None Listed On Document
Le Beau Michelle $2,750,000 None Listed On Document
Jhin Ann S $2,400,000 Ctic
The Northern Trust Company -- --
Cooper Eric A $1,787,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Le Beau Michelle $2,062,500
Closed Le Beau Michelle $2,062,500
Previous Owner Jhin Ann S $1,400,000
Previous Owner Cooper Eric A $1,400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/01/2024 11/01/24 Sold $2,750,000 -8.2% $859 / Sq Ft
09/19/2024 09/19/24 Pending -- -- --
09/17/2024 09/17/24 For Sale $2,995,000 +8.9% $936 / Sq Ft
09/16/2024 09/16/24 Off Market $2,750,000 -- --
09/03/2024 09/03/24 Off Market $2,750,000 -- --
07/26/2024 07/26/24 For Sale $2,995,000 -- $936 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

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 $34,543 $170,237 $1,937 $168,300
2023 $41,663 $169,688 $1,559 $168,129
2022 $41,663 $208,719 $1,559 $207,160
2021 $45,034 $223,946 $1,559 $222,387
2020 $43,836 $196,779 $1,091 $195,688
2019 $42,902 $213,537 $1,091 $212,446
2018 $42,181 $213,537 $1,091 $212,446
2017 $46,258 $214,883 $873 $214,010
2016 $43,039 $214,883 $873 $214,010
2015 $39,376 $214,883 $873 $214,010
2014 $35,698 $192,403 $701 $191,702
2013 $34,173 $192,403 $701 $191,702
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12122369

Midwest Real Estate Data (MRED)

APN: 17-03-231-018-1057