Seller's Agent in 2023
Brad Zibung
Compass
(773) 269-7609
20 in this area
229 Total Sales
Parc Chestnut 849 N Franklin St Unit 1023 Chicago, IL 60610
River North NeighborhoodEstimated Value: $314,506 - $348,000
1
Bed
1
Bath
750
Sq Ft
$587/mo
HOA Fee
Highlights
- Doorman
- 3-minute walk to Chicago Avenue Station (Brown, Purple Lines)
- Party Room
- Fitness Center
- Wood Flooring
- 1-minute walk to Chestnut Park
About This Home
As of December 2023Nicely updated 1 bed/1 bath loft in the Parc Chestnut, one of River North/Near North's best-run and most desirable buildings! West-facing unit is flooded with natural light in the afternoons and evenings and overlooks the building's semi-private half-block park. Hardwood floors throughout living area. Custom closet in large soft-lofted bedroom. Stainless steel appliances, tile backsplash and eat-in island in kitchen. Washer/dryer in unit. Assessment includes heat, gas, A/C and basic cable and internet. Building features 24-hour front door staff, EV charger, on-site manager, custodian & engineer, nice fitness facility, sun deck and semi-private half-block park across the street, secure package room with full-time staff and 24-7 pickup, and Tide premium dry cleaning and laundry service. Large storage unit included in price. Very dog-friendly building that is also just barely a block to the Brown Line. Also close to expressway entrance, buses etc., and all the shops, restaurants, bars, and other great things that make Near North/River North/Old Town wonderful. Well-managed building with more than $1.95 million in reserves. Garage parking spot and large storage unit included in list price.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $5,456
Year Built
- Built in 2006
Lot Details
- 1.54
HOA Fees
- $587 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Heated Garage
- Garage Door Opener
- Parking Included in Price
Home Design
- Brick Exterior Construction
Interior Spaces
- 750 Sq Ft Home
- Ventless Fireplace
- Gas Log Fireplace
- Living Room with Fireplace
- Combination Dining and Living Room
- Storage
- Wood Flooring
Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Potential Bedroom
- 1 Full Bathroom
Laundry
- Laundry in unit
- Dryer
- Washer
Home Security
Outdoor Features
Utilities
- Forced Air Heating and Cooling System
- 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, doorman, tv/cable, exercise facilities, exterior maintenance, lawn care, scavenger, snow removal
- 261 Units
- Anita Association
- Property managed by FirstService Residential
- 16-Story Property
Amenities
- Doorman
- Valet Parking
- Sundeck
- Party Room
- Elevator
- Service Elevator
- Package Room
Recreation
- Park
- Bike Trail
Pet Policy
- Pets up to 80 lbs
- Dogs and Cats Allowed
Security
- Resident Manager or Management On Site
- Storm Screens
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 29, 2023
Closed on
Nov 21, 2023
Sold by
Patel Smital Parikh and Patel Harnish
Bought by
Seiter Joshua J
Seller's Agent
Brad Zibung
Compass
Buyer's Agent
Shay Hata
@properties Christie's International Real Estate
List Price
$310,000
Sold Price
$300,000
Premium/Discount to List
-$10,000
-3.23%
Views
214
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
$25,127
Avg. Annual Appreciation
4.54%
Original Mortgage
$285,000
Outstanding Balance
$280,386
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$44,741
Purchase Details
Closed on
Dec 31, 2020
Sold by
Patel Smital Parikh and Patel Harnish
Bought by
Patel Smital Parikh and Patel Harnish
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,182
Interest Rate
2%
Mortgage Type
New Conventional
Purchase Details
Listed on
Sep 26, 2017
Closed on
Dec 12, 2017
Sold by
Abicht Travis and Abicht Elise
Bought by
Parikh Smital and Parikh Sunil
Seller's Agent
Naseem El-Barbarawi
Jameson Sotheby's Intl Realty
Buyer's Agent
Russell Vilt
Baird & Warner
List Price
$279,000
Sold Price
$265,000
Premium/Discount to List
-$14,000
-5.02%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.68%
Original Mortgage
$212,000
Interest Rate
3.92%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 7, 2010
Sold by
Pisani Nicole
Bought by
Abicht Travis and Schnose Elise A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,250
Interest Rate
3.25%
Mortgage Type
Unknown
Purchase Details
Closed on
Nov 7, 2006
Sold by
Parc Chestnut Llc
Bought by
Pisani Nicole
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,200
Interest Rate
6.36%
Mortgage Type
Purchase Money Mortgage
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 |
|---|---|---|---|
| Seiter Joshua J | $300,000 | None Listed On Document | |
| Patel Smital Parikh | -- | Accommodation | |
| Parikh Smital | $265,000 | Chicago Title | |
| Abicht Travis | $275,000 | Chicago Title Insurance Co | |
| Pisani Nicole | $293,000 | Ticor Title Insurance |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Seiter Joshua J | $285,000 | |
| Previous Owner | Patel Smital Parikh | $181,182 | |
| Previous Owner | Parikh Smital | $212,000 | |
| Previous Owner | Abicht Travis | $247,500 | |
| Previous Owner | Abicht Travis | $261,250 | |
| Previous Owner | Pisani Nicole | $234,200 | |
| Previous Owner | Pisani Nicole | $29,200 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/01/2023 12/01/23 | Sold | $300,000 | -3.2% | $400 / Sq Ft |
| 10/16/2023 10/16/23 | Pending | -- | -- | -- |
| 10/05/2023 10/05/23 | For Sale | $310,000 | 0.0% | $413 / Sq Ft |
| 10/05/2023 10/05/23 | Off Market | $310,000 | -- | -- |
| 09/29/2023 09/29/23 | For Sale | $310,000 | +17.0% | $413 / Sq Ft |
| 01/04/2018 01/04/18 | Sold | $265,000 | -3.5% | -- |
| 11/19/2017 11/19/17 | Pending | -- | -- | -- |
| 10/12/2017 10/12/17 | Price Changed | $274,500 | -1.6% | -- |
| 09/26/2017 09/26/17 | For Sale | $279,000 | -- | -- |
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 | $5,619 | $30,376 | $2,768 | $27,608 |
| 2023 | $5,456 | $29,949 | $2,233 | $27,716 |
| 2022 | $5,456 | $29,949 | $2,233 | $27,716 |
| 2021 | $5,352 | $29,947 | $2,232 | $27,715 |
| 2020 | $5,434 | $27,496 | $2,143 | $25,353 |
| 2019 | $6,024 | $29,981 | $2,143 | $27,838 |
| 2018 | $5,922 | $29,981 | $2,143 | $27,838 |
| 2017 | $5,438 | $25,262 | $1,696 | $23,566 |
| 2016 | $5,060 | $25,262 | $1,696 | $23,566 |
| 2015 | $4,629 | $25,262 | $1,696 | $23,566 |
| 2014 | $4,072 | $21,947 | $1,285 | $20,662 |
| 2013 | $3,992 | $21,947 | $1,285 | $20,662 |
Source: Public Records
Agents Affiliated with this Home
-
Brad Zibung
-
Shay Hata
Buyer's Agent in 2023
Shay Hata
@ Properties
(612) 819-6057
2 in this area
369 Total Sales
-
Naseem El-Barbarawi
N
Seller's Agent in 2018
Naseem El-Barbarawi
Jameson Sotheby's Intl Realty
(773) 859-8686
3 in this area
57 Total Sales
-
Mario Bongiorno
Seller Co-Listing Agent in 2018
Mario Bongiorno
Baird & Warner
(773) 520-3035
1 in this area
18 Total Sales
-
Russell Vilt
Buyer's Agent in 2018
Russell Vilt
Baird & Warner
(312) 835-2550
2 in this area
18 Total Sales
About Parc Chestnut
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11896229
APN: 17-04-445-017-1166
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