Parc Chestnut 849 N Franklin St Unit 1505 Chicago, IL 60610
River North Neighborhood
3
Beds
3
Baths
2,255
Sq Ft
$1,602/mo
HOA Fee
Highlights
- Doorman
- 3-minute walk to Chicago Avenue Station (Brown, Purple Lines)
- Lock-and-Leave Community
- Fitness Center
- Landscaped Professionally
- 1-minute walk to Chestnut Park
About This Home
As of July 2025Gorgeous and spacious 3 bed plus den/3 bath in wonderful River North/Near North building. Soaring 10-foot ceilings and tasteful updates throughout, particularly kitchen, living room, and primary bathroom. Large primary suite with custom walk-in closet, private balcony, newly updated en suite bathroom with dual sinks, soaking tub and separate shower with bench. Recessed LED lighting, wide-plank hardwood floors throughout. Expansive living/dining room with its own balcony and modern fireplace. Den is ideal for WFH office or nursery. Kitchen has full-size island and high-end stainless steel appliances including a 50-bottle wine refrigerator. Split bedroom layout provides extra privacy. Two generously sized guest bedrooms, including one with an en suite bathroom. In-unit laundry closet with sink and new washer/dryer. Abundant storage thoughtfully included throughout unit. Two zoned thermostats and HVAC systems allow for optimal temperature control. High amenity building with 24/7 security staff, on-site M-F management, semi-private park, large fitness room, two rooftop terraces, staffed and secure package receiving room, bike room, business center, and entertaining room. Two-car tandem parking spot additional $45,000. Oversized same-floor storage closet included in list price. Monthly assessment includes gas, heat, AC and basic cable/internet. Owner only pays an electric bill. Be sure to view interactive 360 floor plan to get a full appreciation for the space! 2023 taxes $15,203.63 with homeowner and senior exemptions. Monthly assessment of $1,601.60 (unit $1,411.71, cable TV/internet $64.23, parking $125.66).
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $15,204
Year Built
- Built in 2007
Lot Details
- End Unit
- Landscaped Professionally
HOA Fees
- $1,602 Monthly HOA Fees
Parking
- 2 Car Garage
Home Design
- Brick Exterior Construction
- Reinforced Caisson Foundation
- Flexicore
Interior Spaces
- 2,255 Sq Ft Home
- Ceiling Fan
- Gas Log Fireplace
- Window Screens
- Family Room
- Living Room with Fireplace
- Combination Dining and Living Room
- Den
- Wood Flooring
Kitchen
- Gas Oven
- Microwave
- Dishwasher
- Wine Refrigerator
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
- Main Floor Bedroom
- Walk-In Closet
- 3 Full Bathrooms
- Dual Sinks
- Separate Shower
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
Accessible Home Design
- Accessibility Features
- Ramp on the main level
Outdoor Features
- Deck
- Patio
- Terrace
Schools
- Wells Community Academy Senior H High School
Utilities
- Forced Air Zoned Heating and Cooling System
- Individual Controls for Heating
- Lake Michigan Water
- Satellite Dish
- Cable TV Available
Listing and Financial Details
- Senior Tax Exemptions
- 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, internet
- 261 Units
- Rob Association, Phone Number (312) 573-3920
- Property managed by FirstService Residential
- Lock-and-Leave Community
- 16-Story Property
Amenities
- Doorman
- Valet Parking
- Sundeck
- Common Area
- Party Room
- Service Elevator
- Package Room
- Elevator
Recreation
- Park
- Bike Trail
Pet Policy
- Pets up to 80 lbs
- Limit on the number of pets
- Pet Size Limit
- 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
Nov 16, 2014
Closed on
Jan 9, 2015
Sold by
Cohen Kenneth and Cohen Lisa
Bought by
Cohen Kenneth
Seller's Agent
Mario Greco
Compass
Buyer's Agent
Mary Vallender
@properties
List Price
$749,000
Sold Price
$775,000
Premium/Discount to List
$26,000
3.47%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.38%
Purchase Details
Listed on
Nov 16, 2014
Closed on
Jan 8, 2015
Sold by
Cohen Kenneth and Cohen Lisa
Bought by
Turjoman Anthony and Turjoman Julie
Seller's Agent
Mario Greco
Compass
Buyer's Agent
Mary Vallender
@properties
List Price
$749,000
Sold Price
$775,000
Premium/Discount to List
$26,000
3.47%
Purchase Details
Closed on
Mar 27, 2007
Sold by
Parc Chestnut Llc
Bought by
Cohen Kenneth and Tozer Vytautas W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage
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 |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Chicago Title Insurance Co | |
| Warranty Deed | $775,000 | Chicago Title Insurance Co | |
| Special Warranty Deed | $850,500 | Ticor Title Insurance Compan |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $650,000 | Unknown | |
| Previous Owner | $650,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/18/2025 07/18/25 | Sold | $910,000 | +4.0% | $404 / Sq Ft |
| 06/04/2025 06/04/25 | For Sale | $875,000 | 0.0% | $388 / Sq Ft |
| 06/03/2025 06/03/25 | Pending | -- | -- | -- |
| 05/15/2025 05/15/25 | Price Changed | $875,000 | 0.0% | $388 / Sq Ft |
| 07/18/2024 07/18/24 | Rented | $7,250 | -3.3% | -- |
| 04/16/2024 04/16/24 | For Rent | $7,500 | +10.3% | -- |
| 05/19/2023 05/19/23 | Rented | $6,800 | -2.9% | -- |
| 04/10/2023 04/10/23 | For Rent | $7,000 | 0.0% | -- |
| 01/09/2015 01/09/15 | Sold | $775,000 | +3.5% | $344 / Sq Ft |
| 12/01/2014 12/01/14 | Pending | -- | -- | -- |
| 11/16/2014 11/16/14 | For Sale | $749,000 | -- | $332 / 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 | $15,204 | $79,825 | $7,275 | $72,550 |
| 2023 | $14,782 | $78,028 | $5,867 | $72,161 |
| 2022 | $14,782 | $78,028 | $5,867 | $72,161 |
| 2021 | $15,021 | $78,026 | $5,866 | $72,160 |
| 2020 | $15,405 | $72,255 | $5,631 | $66,624 |
| 2019 | $15,140 | $78,785 | $5,631 | $73,154 |
| 2018 | $15,563 | $78,785 | $5,631 | $73,154 |
| 2017 | $14,291 | $66,387 | $4,458 | $61,929 |
| 2016 | $13,297 | $66,387 | $4,458 | $61,929 |
| 2015 | $12,165 | $66,387 | $4,458 | $61,929 |
| 2014 | $10,701 | $57,675 | $3,379 | $54,296 |
| 2013 | $10,490 | $57,675 | $3,379 | $54,296 |
Source: Public Records
Agents Affiliated with this Home
-
Brad Zibung
Seller's Agent in 2025
Brad Zibung
Compass
(773) 269-7609
20 in this area
227 Total Sales
-
Darby Swagerman
Buyer's Agent in 2025
Darby Swagerman
@ Properties
(773) 294-9147
2 in this area
54 Total Sales
-
Curtis Crowell
C
Buyer's Agent in 2024
Curtis Crowell
THE NAV AGENCY
(217) 577-1787
-
N
Buyer's Agent in 2023
Non Member
NON MEMBER
-
Mario Greco
Seller's Agent in 2015
Mario Greco
Compass
(773) 255-6562
37 in this area
1,081 Total Sales
-
John Haakon Knutson
Seller Co-Listing Agent in 2015
John Haakon Knutson
Compass
(773) 330-9749
1 in this area
58 Total Sales
About Parc Chestnut
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12357102
APN: 17-04-445-017-1244
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