Seller's Agent in 2024
Alex Wolking
Keller Williams ONEChicago
(312) 216-2422
5 in this area
216 Total Sales
87 E Elm St Unit 1 Chicago, IL 60611
Gold Coast NeighborhoodEstimated Value: $582,000 - $627,000
2
Beds
2
Baths
1,576
Sq Ft
2,222
Sq Ft Lot
Highlights
- Lock-and-Leave Community
- Fireplace in Primary Bedroom
- Wood Flooring
- Lincoln Park High School Rated A
- Deck
- 4-minute walk to Lakefront Park
About This Home
As of May 2024Nestled on leafy Elm Street, just off of Lake Shore Drive, sits this high first floor 2BR + Den/2BA condo that was completely renovated in 2019! Seriously, this unit is a JEWELRY BOX and will burn your retinas with its glitz and glam, so bring your sunglasses. Not a single detail was overlooked, and the sellers took extra care to preserve as many of the original 1890's details as possible--solid wood doors with new period-appropriate door knobs and hardware, hardwood floors throughout, and high quality millwork and mouldings. The bright, open living/dining room features 12 foot ceilings, fireplace, and floor-to-ceiling built-in bookcases. True to vintage Gold Coast apartments, this home has no shortage of closet space and storage. The central hallway is adorned with closets, a laundry closet (full sized side-by-side, not stackable!) and an awesome wet bar for entertaining. At the heart of the home is the eat-in kitchen, complete with a table nook, bar seating, quartz countertops, custom ceiling-height cabinetry, and stainless steel appliances. Start and end your day in the primary suite, which has been well-equipped with ample closet space, a wall-mounted electric fireplace, and a primary bathroom with marble tile surround. Just off the primary bedroom is a den/office with stunning south sunlight, and leads to a private deck! The second bedroom and bathroom are great for guests. The second bathroom is the only room that hasn't been updated, but the green marble tile is so cool that it would be a shame to tear it out (the pictures don't do it justice, I promise you). Only a 4 unit building, and it's been meticulously and thoughtfully self-managed by a hands-on association. Parking is available to rent in several buildings nearby, and the seller has a transferable parking lease at 1110 N. Lake Shore for $300/mo.! The location speaks for itself--public transit galore (multiple CTA bus lines, 4 blocks to the Clark and Division Red Line Station), two blocks to Oak Street Beach underpass entrance, and all the best retail, nightlife and restaurants the Gold Coast has to offer. This has all the charm and amenities of a classic, million-dollar Lake Shore Drive co-op, for a fraction of the price and monthly HOA fees!
Last Agent to Sell the Property
Keller Williams ONEChicago License #471020787 Listed on: 04/04/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $12,154
Year Renovated
- 2021
Lot Details
- 2,222
HOA Fees
- $593 Monthly HOA Fees
Parking
- 1 Car Detached Garage
- Transferrable Lease on Garage
Home Design
- Brick or Stone Mason
- Asphalt Roof
- Concrete Perimeter Foundation
Interior Spaces
- 1,576 Sq Ft Home
- 3-Story Property
- Wet Bar
- Gas Log Fireplace
- Electric Fireplace
- Living Room with Fireplace
- 2 Fireplaces
- Combination Kitchen and Dining Room
- Den
- Storage
- Wood Flooring
Kitchen
- Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- Fireplace in Primary Bedroom
- 2 Full Bathrooms
- Soaking Tub
- Garden Bath
- Shower Body Spray
Laundry
- Laundry closet
- Dryer
- Washer
Schools
- Ogden Elementary
- Lincoln Park High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Lake Michigan Water
Additional Features
- Deck
- Fenced Yard
Listing and Financial Details
- Homeowner Tax Exemptions
Community Details
Overview
- Association fees include water, insurance, exterior maintenance, lawn care, scavenger, snow removal
- 4 Units
- Steven Mach Association
- Lock-and-Leave Community
Amenities
- Common Area
- Community Storage Space
Pet Policy
- No Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 4, 2024
Closed on
May 28, 2024
Sold by
Pamela Ramanna Trust and Ramanna Pamela
Bought by
Deblasio Lauretta
Seller's Agent
Alex Wolking
Keller Williams ONEChicago
Buyer's Agent
Jill Silverstein
Compass
List Price
$599,900
Sold Price
$590,000
Premium/Discount to List
-$9,900
-1.65%
Views
42
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
$16,535
Avg. Annual Appreciation
1.50%
Original Mortgage
$410,000
Outstanding Balance
$381,425
Interest Rate
5.75%
Mortgage Type
New Conventional
Estimated Equity
$225,110
Purchase Details
Listed on
Sep 18, 2019
Closed on
Oct 28, 2019
Sold by
Ramanna Pamela
Bought by
Ramanna Pamela and Pamela Ramanna Trust
Seller's Agent
Mike Kravitz
RE/MAX Premier
Buyer's Agent
Ken Barilich
Fulton Grace Realty
Sold Price
$1,425
Purchase Details
Closed on
Feb 14, 2007
Sold by
Spileos Evans
Bought by
Ramanna Pamela
Purchase Details
Closed on
Aug 23, 2004
Sold by
Burke Mary L
Bought by
Spileos Evans
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Deblasio Lauretta | $590,000 | Chicago Title | |
| Ramanna Pamela | -- | Attorney | |
| Ramanna Pamela | -- | None Available | |
| Spileos Evans | $520,000 | Ctic |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Deblasio Lauretta | $410,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/30/2024 05/30/24 | Sold | $590,000 | -1.7% | $374 / Sq Ft |
| 04/24/2024 04/24/24 | Pending | -- | -- | -- |
| 03/01/2024 03/01/24 | For Sale | $599,900 | 0.0% | $381 / Sq Ft |
| 10/16/2019 10/16/19 | Rented | $1,425 | +0.1% | -- |
| 10/15/2019 10/15/19 | Under Contract | -- | -- | -- |
| 10/13/2019 10/13/19 | Price Changed | $1,423 | -0.1% | -- |
| 10/07/2019 10/07/19 | Price Changed | $1,424 | -0.1% | -- |
| 09/18/2019 09/18/19 | For Rent | $1,425 | -- | -- |
Source: Midwest Real Estate Data (MRED)
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 |
|---|---|---|---|---|
| 2025 | $12,468 | $59,006 | $20,699 | $38,307 |
| 2024 | $12,468 | $59,006 | $20,699 | $38,307 |
| 2023 | $12,154 | $59,092 | $16,666 | $42,426 |
| 2022 | $12,154 | $59,092 | $16,666 | $42,426 |
| 2021 | $11,883 | $59,091 | $16,666 | $42,425 |
| 2020 | $12,519 | $56,198 | $11,666 | $44,532 |
| 2019 | $12,252 | $60,983 | $11,666 | $49,317 |
| 2018 | $12,046 | $60,983 | $11,666 | $49,317 |
| 2017 | $5,812 | $26,999 | $9,333 | $17,666 |
| 2016 | $5,408 | $26,999 | $9,333 | $17,666 |
| 2015 | $4,947 | $26,999 | $9,333 | $17,666 |
| 2014 | $5,408 | $29,148 | $7,499 | $21,649 |
| 2013 | $5,301 | $29,148 | $7,499 | $21,649 |
Source: Public Records
Agents Affiliated with this Home
-
Alex Wolking
-
Jill Silverstein
Buyer's Agent in 2024
Jill Silverstein
Compass
(312) 877-1784
30 in this area
353 Total Sales
-
Mike Kravitz
Seller's Agent in 2019
Mike Kravitz
RE/MAX
(312) 485-9868
10 in this area
28 Total Sales
-
Ken Barilich
Buyer's Agent in 2019
Ken Barilich
Fulton Grace Realty
(917) 232-2277
16 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11991113
APN: 17-03-201-077-1002
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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.
Based on information submitted to the MLS GRID
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