Parc Chestnut 849 N Franklin St Unit 424 Chicago, IL 60610
River North NeighborhoodEstimated Value: $305,000 - $464,938
2
Beds
2
Baths
--
Sq Ft
$725/mo
HOA Fee
Highlights
- Doorman
- 3-minute walk to Chicago Avenue Station (Brown, Purple Lines)
- Sundeck
- Fitness Center
- Wood Flooring
- 1-minute walk to Chestnut Park
About This Home
As of April 2023Stunning 2 bed/2 bath River North condo with every modern luxury imaginable. Spacious and updated white kitchen with granite countertops, stainless steel appliances, and an abundance of storage space. Entertain in the living/dining room with hardwood floors and access to your private balcony! Generous master bedroom features plenty of closet space, and an en-suite bath. The second bedroom can be used for a home office, guest room, or personal gym. Unit has In-unit washer/dryer, high ceilings, and an additional storage cage. One garage space for $35k. Well maintained, boutique building includes doorman, fitness center, two generous sized sundecks, private park, dog run, & more. Walk out your door to Chicago CTA stop, lakefront, shopping, Starbucks, restaurants, nightlife, & everything River North has to offer. Take a 3D Tour, CLICK on the 3D BUTTON & Walk Around. Watch a Custom Drone Video Tour, Click on Video Button!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $8,400
Year Built
- Built in 2006
Lot Details
- 1.54
HOA Fees
- $725 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Garage Door Opener
- Side Driveway
- Parking Included in Price
- Deeded Parking Sold Separately
Home Design
- Brick Exterior Construction
- Brick Foundation
- Concrete Perimeter Foundation
Interior Spaces
- Fireplace With Gas Starter
- Living Room with Fireplace
- Combination Dining and Living Room
- Storage
- Wood Flooring
Kitchen
- Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- 2 Full Bathrooms
- Dual Sinks
Laundry
- Laundry in unit
- Dryer
- Washer
Home Security
Outdoor Features
Schools
- Ogden Elementary
- Wells Community Academy Senior H High School
Utilities
- Central Air
- Heating System Uses Natural Gas
- 200+ Amp Service
- Lake Michigan Water
- Cable TV Available
Listing and Financial Details
- Homeowner Tax Exemptions
Community Details
Overview
- Association fees include heat, air conditioning, water, gas, insurance, security, doorman, tv/cable, exercise facilities, exterior maintenance, lawn care, scavenger, snow removal, internet
- 261 Units
- Rob.Milne@Fsresidential.Com Association, Phone Number (312) 573-3915
- High-Rise Condominium
- Property managed by First Service Residential: Rob Milne
- 16-Story Property
Amenities
- Doorman
- Sundeck
- Common Area
- Package Room
- Elevator
Recreation
- Park
Pet Policy
- Pets up to 80 lbs
- Dogs and Cats Allowed
Security
- Storm Screens
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 13, 2023
Closed on
Apr 28, 2023
Sold by
Young Andrea
Bought by
Pitts Matthew and Pitts Jenny Rae-Anne
Seller's Agent
Matt Laricy
Americorp, Ltd
Buyer's Agent
Nathan Binkley
Compass
List Price
$339,995
Sold Price
$374,995
Premium/Discount to List
$35,000
10.29%
Total Days on Market
15
Views
40
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
$19,240
Avg. Annual Appreciation
2.43%
Original Mortgage
$281,246
Outstanding Balance
$274,290
Interest Rate
5.88%
Mortgage Type
New Conventional
Estimated Equity
$119,945
Purchase Details
Closed on
Jan 10, 2007
Sold by
Khan Gavin and Persaud Patricia
Bought by
Park Jihyuk and Park Yoonjung
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,200
Interest Rate
6.19%
Mortgage Type
Stand Alone Second
Purchase Details
Closed on
Jun 1, 2006
Sold by
Parc Chestnut Llc
Bought by
Young Andrea
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
6.68%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
May 1, 2006
Sold by
Parc Chestnut Llc
Bought by
Khan Gavin and Persaud Patricia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
6.68%
Mortgage Type
Credit Line Revolving
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
Similar Homes in Chicago, IL
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Pitts Matthew | $375,000 | Chicago Title | |
| Park Jihyuk | $281,000 | Attorneys Title Guaranty Fun | |
| Young Andrea | $365,500 | Ticor Title | |
| Khan Gavin | $265,000 | Ticor Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Pitts Matthew | $281,246 | |
| Previous Owner | Park Jihyuk | $56,200 | |
| Previous Owner | Park Jihyuk | $224,800 | |
| Previous Owner | Khan Gavin | $40,000 | |
| Previous Owner | Khan Gavin | $210,800 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/28/2023 04/28/23 | Sold | $374,995 | +10.3% | -- |
| 03/29/2023 03/29/23 | Pending | -- | -- | -- |
| 03/13/2023 03/13/23 | For Sale | $339,995 | 0.0% | -- |
| 11/17/2021 11/17/21 | Rented | -- | -- | -- |
| 10/25/2021 10/25/21 | Off Market | -- | -- | -- |
| 10/10/2021 10/10/21 | For Rent | $2,800 | -- | -- |
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 | $8,592 | $43,052 | $3,923 | $39,129 |
| 2023 | $8,592 | $41,774 | $3,164 | $38,610 |
| 2022 | $8,592 | $41,774 | $3,164 | $38,610 |
| 2021 | $8,400 | $41,773 | $3,164 | $38,609 |
| 2020 | $8,681 | $38,970 | $3,037 | $35,933 |
| 2019 | $8,537 | $42,492 | $3,037 | $39,455 |
| 2018 | $8,394 | $42,492 | $3,037 | $39,455 |
| 2017 | $7,708 | $35,805 | $2,404 | $33,401 |
| 2016 | $7,171 | $35,805 | $2,404 | $33,401 |
| 2015 | $6,561 | $35,805 | $2,404 | $33,401 |
| 2014 | $5,771 | $31,106 | $1,822 | $29,284 |
| 2013 | $5,657 | $31,106 | $1,822 | $29,284 |
Source: Public Records
Agents Affiliated with this Home
-
Matt Laricy
Seller's Agent in 2023
Matt Laricy
Americorp, Ltd
(708) 250-2696
316 in this area
2,465 Total Sales
-
Nathan Binkley
Buyer's Agent in 2023
Nathan Binkley
Compass
(312) 758-6486
4 in this area
122 Total Sales
-
Mickey Hobson
M
Seller Co-Listing Agent in 2021
Mickey Hobson
Americorp, Ltd
-
Mark Buckner
Buyer's Agent in 2021
Mark Buckner
Compass
(312) 952-4458
2 in this area
162 Total Sales
About Parc Chestnut
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11736260
APN: 17-04-445-017-1023
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