Parc Chestnut 849 N Franklin St Unit 502 Chicago, IL 60610
River North Neighborhood
1
Bed
1
Bath
860
Sq Ft
$611/mo
HOA Fee
Highlights
- Doorman
- 3-minute walk to Chicago Avenue Station (Brown, Purple Lines)
- Fireplace in Bedroom
- Fitness Center
- Open Floorplan
- 1-minute walk to Chestnut Park
About This Home
As of September 2024Welcome to this sleek and bright 1 bed/1 bath loft in the highly regarded and exceptionally run Parc Chestnut, one of River North/Near North's most desirable buildings. This west-facing unit offers inspiring sunset views overlooking a private park. The kitchen is newly updated with advanced Samsung stainless steel appliances and features a large island with seating for three. The unit boasts hardwood floors throughout, a recently renovated bathroom, in-unit washer/dryer, a cozy gas fireplace, and a balcony off the living room. Included in the assessment are heat, gas, A/C, basic cable, and internet. The building offers an array of amenities including 24-hour front door staff, an EV charger, an on-site manager, custodian, and engineer, a well-equipped fitness facility, a sun deck, and a semi-private park just across the street. The secure package room with full-time staff ensures convenient 24-7 pickup, and Tide premium dry cleaning and laundry services are also available. This dog-friendly building is just a block from the Brown Line and close to expressway entrances, buses, and all the vibrant shops, restaurants, and bars that make Near North/River North/Old Town so appealing. The building has reserves exceeding $2 million and no special assessments in its history. The list price includes a second-floor garage parking spot conveniently located right off the elevator and a large storage unit. Explore the 3D/360 tour to fully appreciate this wonderful space.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $6,319
Year Built
- Built in 2007
HOA Fees
- $611 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Heated Garage
- Parking Included in Price
Interior Spaces
- 860 Sq Ft Home
- Open Floorplan
- Gas Log Fireplace
- Blinds
- Entrance Foyer
- Living Room with Fireplace
- Dining Room with Fireplace
Kitchen
- Granite Countertops
- Fireplace in Kitchen
Flooring
- Wood
- Laminate
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Potential Bedroom
- Fireplace in Bedroom
- 1 Full Bathroom
- Soaking Tub
Laundry
- Laundry in unit
- Washer and Dryer Hookup
Location
- Property is near a park
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
Community Details
Overview
- Association fees include heat, air conditioning, water, gas, parking, insurance, doorman, tv/cable, exercise facilities, exterior maintenance, scavenger, internet
- 261 Units
- Rob Milne Association, Phone Number (312) 573-3915
- Property managed by First Service Residential
- 16-Story Property
Amenities
- Doorman
- Sundeck
- Business Center
- Party Room
- Elevator
- Package Room
Recreation
- Park
Pet Policy
- Pets up to 80 lbs
- Dogs and Cats Allowed
Security
- Resident Manager or Management On Site
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 8, 2024
Closed on
Sep 12, 2024
Sold by
Grabow Craig M
Bought by
Baferani Mohamadreza Arab
Seller's Agent
Brad Zibung
Compass
Buyer's Agent
Chris Sweitzer
Baird & Warner
List Price
$314,000
Sold Price
$304,000
Premium/Discount to List
-$10,000
-3.18%
Views
17
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
$13,173
Avg. Annual Appreciation
6.57%
Original Mortgage
$243,200
Outstanding Balance
$240,783
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$81,347
Purchase Details
Closed on
Feb 22, 2024
Sold by
Violet Ann Grabow Revocable Living Trust
Bought by
Grabow Craig M
Purchase Details
Listed on
Jul 21, 2021
Closed on
Aug 27, 2021
Sold by
Brooks Erin M
Bought by
Grabow Violet Ann and Violet Ann Grabow Revocable Li
Seller's Agent
Alain Uy
@properties Christie's International Real Estate
Buyer's Agent
Thomas Bezanes
Compass
List Price
$305,000
Sold Price
$287,500
Premium/Discount to List
-$17,500
-5.74%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.91%
Purchase Details
Listed on
Jan 23, 2012
Closed on
Apr 27, 2012
Sold by
Sitzes Eric N
Bought by
Brooks Erin M
Seller's Agent
Kate Waddell
Compass
Buyer's Agent
Hans Ziegenbein
@properties Christie's International Real Estate
List Price
$244,900
Sold Price
$192,500
Premium/Discount to List
-$52,400
-21.4%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.38%
Original Mortgage
$154,000
Interest Rate
3.99%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 10, 2007
Sold by
Dumdumaya Lolita D
Bought by
Sitzes Eric N
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,000
Interest Rate
6.16%
Mortgage Type
Stand Alone Second
Purchase Details
Closed on
Jun 1, 2006
Sold by
Parc Chestnut Llc
Bought by
Dumdumaya Lolita D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,075
Interest Rate
6.62%
Mortgage Type
Unknown
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 |
|---|---|---|---|
| Warranty Deed | $304,000 | Old Republic Title | |
| Quit Claim Deed | -- | None Listed On Document | |
| Warranty Deed | $287,500 | Attorneys Ttl Guaranty Fund | |
| Warranty Deed | $192,500 | Gmt | |
| Warranty Deed | $285,000 | Ticor Title Insurance | |
| Special Warranty Deed | $252,000 | Ticor Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $243,200 | New Conventional | |
| Previous Owner | $154,000 | New Conventional | |
| Previous Owner | $226,100 | New Conventional | |
| Previous Owner | $57,000 | Stand Alone Second | |
| Previous Owner | $228,000 | New Conventional | |
| Previous Owner | $236,075 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/18/2024 09/18/24 | Sold | $304,000 | -3.2% | $353 / Sq Ft |
| 08/20/2024 08/20/24 | Pending | -- | -- | -- |
| 07/18/2024 07/18/24 | For Sale | $314,000 | +9.2% | $365 / Sq Ft |
| 08/30/2021 08/30/21 | Sold | $287,500 | -5.7% | $334 / Sq Ft |
| 08/11/2021 08/11/21 | Pending | -- | -- | -- |
| 07/21/2021 07/21/21 | For Sale | $305,000 | +58.4% | $355 / Sq Ft |
| 04/27/2012 04/27/12 | Sold | $192,500 | -1.2% | -- |
| 02/15/2012 02/15/12 | Price Changed | $194,900 | -9.3% | -- |
| 02/14/2012 02/14/12 | Pending | -- | -- | -- |
| 02/07/2012 02/07/12 | Price Changed | $214,900 | -8.5% | -- |
| 01/29/2012 01/29/12 | Price Changed | $234,900 | -4.1% | -- |
| 01/23/2012 01/23/12 | For Sale | $244,900 | -- | -- |
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 | $6,319 | $30,376 | $2,768 | $27,608 |
| 2023 | $6,160 | $29,949 | $2,233 | $27,716 |
| 2022 | $6,160 | $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 | $5,335 | $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
-
Seller's Agent in 2024
Brad Zibung
Compass
(773) 269-7609
20 in this area
227 Total Sales
-
Buyer's Agent in 2024
Chris Sweitzer
Baird & Warner
(847) 828-3534
3 in this area
45 Total Sales
-
Seller's Agent in 2021
Alain Uy
@ Properties
(312) 623-5029
3 in this area
33 Total Sales
-
Buyer's Agent in 2021
Thomas Bezanes
Compass
(312) 622-2850
22 in this area
117 Total Sales
-
Seller's Agent in 2012
Kate Waddell
Compass
(773) 517-2666
32 in this area
536 Total Sales
-
H
Buyer's Agent in 2012
Hans Ziegenbein
@ Properties
About Parc Chestnut
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12115382
APN: 17-04-445-017-1025
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.
Based on information submitted to the MLS GRID. 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.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked.
Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Nearby Homes
- 849 N Franklin St Unit 722
- 849 N Franklin St Unit 920
- 849 N Franklin St Unit 618
- 849 N Franklin St Unit 603
- 757 N Orleans St Unit 2106
- 757 N Orleans St Unit 907
- 757 N Orleans St Unit 1104
- 757 N Orleans St Unit 1509
- 757 N Orleans St Unit 909
- 757 N Orleans St Unit 1004
- 367 W Locust St Unit 202
- 150 W Superior St Unit 1106
- 150 W Superior St Unit 605
- 150 W Superior St Unit 1103
- 110 W Superior St Unit 1703
- 110 W Superior St Unit 2301
- 110 W Superior St Unit 1803
- 110 W Superior St Unit 1503
- 366 W Superior St Unit 702
- 366 W Superior St Unit 1002