NOT LISTED FOR SALE

Parc Chestnut 849 N Franklin St Unit 1023 Chicago, IL 60610

River North Neighborhood

Estimated Value: $310,000 - $328,000

1 Bed
1 Bath
750 Sq Ft
1.54 Acres Lot

Sale Details

Date Sold: December 1, 2023

Last sale price $300,000 $400 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,785 / mo

16 Days on Market

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 2023

Nicely 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.

Last Agent to Sell the Property

Brad Zibung

Compass License #475162558 Listed on: 09/29/2023

Compass

Last Buyer's Agent

Shay Hata

@properties Christie's International Real Estate License #475157685

@properties Christie's International Real Estate

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

  • Balcony

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,456

Year Built

Built in 2006

Lot Details

1.54 Acres

HOA Fees

$587 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Condo-Loft
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,Condo-Loft
  • Year Built: 2006
  • Age: 16-20 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: 10
  • New Construction Y/N: No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 16

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: Gas Log, Ventless
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit, Storage
  • LivingArea: 750
  • Room Type: Balcony/Porch/Lanai
  • Stories Total: 16
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Builder

Exterior Features

  • ExteriorFeatures: Balcony, Storms/Screens
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage Details: Garage Door Opener(s),Heated
  • Garage On-Site: Yes
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 587
  • Association Amenities: Bike Room/Bike Trails, Door Person, Elevator(s), Exercise Room, Storage, On Site Manager/Engineer, Park, Party Room, Sundeck, Receiving Room, Service Elevator(s), Valet/Cleaner
  • Association Fee Frequency: Monthly
  • Management: Manager On-site,Monday through Friday
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: FirstService Residential
  • Management Contact Name: Anita
  • Management Phone: 000-000-0000
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Air Conditioning, Water, Gas, Parking, Insurance, Doorman, TV/Cable, Exercise Facilities, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: CONDO
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 80

Tax Info

  • Tax Annual Amount: 5456.06
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 261

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2023
Closed on
Nov 21, 2023
Sold by
Bought by
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
213
Current Estimated Value
$319,401

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,401
Avg. Annual Appreciation
2.49%
Original Mortgage
$285,000
Outstanding Balance
$278,460
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$40,941

Purchase Details

Closed on
Dec 31, 2020
Sold by
Bought by

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
Bought by
Seller's Agent
Naseem El-Barbarawi
Jameson Sotheby's Intl Realty
Buyer's Agent
Russell Vilt
Keller Williams Thrive
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
2.23%
Original Mortgage
$212,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 7, 2010
Sold by
Bought by

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
Bought by

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
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$300,000 None Listed On Document
-- Accommodation
$265,000 Chicago Title
$275,000 Chicago Title Insurance Co
$293,000 Ticor Title Insurance
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $285,000
Previous Owner $181,182
Previous Owner $212,000
Previous Owner $261,250
Previous Owner $234,200
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
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% -- View Prior Sale
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $5,619 $30,376 $2,768 $27,608
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

    Seller's Agent in 2023

    Brad Zibung

    Compass

    (773) 269-7609

    22 in this area

    206 Total Sales

    Brad Zibung
    Section Image
  • Shay Hata

    Buyer's Agent in 2023

    Shay Hata

    @ Properties

    (612) 819-6057

    3 in this area

    372 Total Sales

    Shay Hata
    Section Image

  • N

    Seller's Agent in 2018

    Naseem El-Barbarawi

    Jameson Sotheby's Intl Realty

    (773) 859-8686

    2 in this area

    53 Total Sales

    Naseem El-Barbarawi
    Section Image
  • Mario Bongiorno

    Seller Co-Listing Agent in 2018

    Mario Bongiorno

    Baird & Warner

    (773) 520-3035

    1 in this area

    11 Total Sales

    Mario Bongiorno
    Section Image
  • Russell Vilt

    Buyer's Agent in 2018

    Russell Vilt

    Keller Williams Thrive

    (312) 835-2550

    3 in this area

    16 Total Sales

    Russell Vilt
    Section Image
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About Parc Chestnut

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11896229

Midwest Real Estate Data (MRED)

APN: 17-04-445-017-1166

Illinois Cook County Chicago 60610 River North

849 N Franklin St Unit 1023, Chicago, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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