Parc Chestnut 849 N Franklin St Unit 502 Chicago, IL 60610
River North Neighborhood
1
Bed
1
Bath
860
Sq Ft
$558/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 home to Parc Chestnut. Enjoy sunsets in the largest 1bed|1bath condo complete with a gas fireplace and overlooking the private gated park. Situated in a quiet nook of River North and walking distance to Old Town & Gold Coast. Entertain family and friends in one of the two sprawling sundecks complete with outdoor furniture and grilling stations. Easy access to the brown & purple line located just a block away, less than a half mile from the red line. Recent updates include Nest Thermostat, newer LG Washer & Dryer, new paint throughout (July 2021), renovated bathroom (March 2021), new flooring in the bedroom (July 2021), newer in unit HVAC motor (2019). Additional amenities include a complete gym, business center and party room. Secure garage parking close to the elevator and storage included.
Last Agent to Sell the Property
@properties Christie's International Real Estate License #475192798 Listed on: 07/21/2021
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $5,335
Year Built
- Built in 2007
HOA Fees
- $558 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
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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: 11159251
APN: 17-04-445-017-1025
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