NOT LISTED FOR SALE

87 E Elm St Unit G Chicago, IL 60611

Gold Coast Neighborhood

Estimated Value: $250,012 - $333,000

1 Bed
1 Bath
800 Sq Ft
2,222 Sq Ft Lot

Sale Details

Date Sold: April 13, 2023

Last sale price $172,000 $215 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $2,438 / mo

35 Days on Market

Highlights

  • Formal Dining Room
  • Soaking Tub
  • Laundry Room
  • Lincoln Park High School Rated A
  • Walk-In Closet
  • 4-minute walk to Lakefront Park

About This Home

As of April 2023

Location! Location! Location! Rare condo in low rise walk up building located steps away from Lake Shore Drive, beach, Northwestern hospital, Michigan Avenue, Parks Restaurants and entertainment. 1 bedroom plus den, living room with fireplace, large dining room, In unit washer and dryer. Low assessments. Owner must occupy for 2 years before renting.

Last Agent to Sell the Property

Florence Molinelli

RE/MAX Premier License #471022905 Listed on: 02/05/2023

Last Buyer's Agent

Wendy Andrade

@properties Christie's International Real Estate License #475201453

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,941

Lot Details

  • 2,222

HOA Fees

  • $289 Monthly HOA Fees

Home Design

  • Garden Home
  • Stone Siding

Interior Spaces

  • 4-Story Property
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Living Room with Fireplace
  • Formal Dining Room
  • Laminate Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • Walk-In Closet
  • 1 Full Bathroom
  • Soaking Tub

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Utilities

  • Central Air
  • Heating Available
  • Lake Michigan Water

Community Details

Overview

  • Association fees include water, gas, exterior maintenance, lawn care, snow removal
  • 4 Units
  • Steve Mach Association, Phone Number (312) 280-0071
  • Low-Rise Community

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,941

Lot Details

2,222 Sq Ft Lot

HOA Fees

$289 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Garden Unit,Low Rise (1-3 Stories)
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,Garden Unit,Low Rise (1-3 Stories)
  • Age: Unknown
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: G
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: Wood Burning, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Wood Laminate Floors, First Floor Laundry, Laundry Hook-Up in Unit
  • Room Type: Walk In Closet
  • Stories Total: 4
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Fireplace Location: Living Room
  • Total Sq Ft: 0

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Stone

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Electric Dryer Hookup, In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: No
  • Association Fee: 289
  • Association Fee Frequency: Monthly
  • Management: Self-Management
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Self Managed
  • Management Contact Name: Steve Mach
  • Management Phone: 312-280-0071
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Gas, Exterior Maintenance, Lawn Care, Snow Removal

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): No

Tax Info

  • Tax Annual Amount: 5941.24
  • Tax Year: 2021

Multi Family

  • Units in Building: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2023
Closed on
Apr 11, 2023
Sold by
Serrat Angel
Bought by
Almendariz Maria Antonia and Almendariz Jose Gerardo
Seller's Agent
Florence Molinelli
RE/MAX Premier
Buyer's Agent
Wendy Andrade
@properties Christie's International Real Estate
List Price
$165,000
Sold Price
$172,000
Premium/Discount to List
$7,000
4.24%
Views
158
Current Estimated Value
$302,503

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,503
Avg. Annual Appreciation
20.78%
Original Mortgage
$129,000
Outstanding Balance
$112,377
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$190,126

Purchase Details

Closed on
Oct 3, 2012
Sold by
Cook Darrin and Cook Lynn
Bought by
Serrat Angel

Purchase Details

Closed on
Nov 16, 2005
Sold by
Chicago Title Land Trust Co
Bought by
Cook Darrin and Cook Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,200
Interest Rate
1%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
May 3, 2000
Sold by
Corn Lynda B
Bought by
Chicago Title Land Trust Company and Trust #1103914

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
8.43%

Purchase Details

Closed on
Mar 16, 2000
Sold by
Chicago Title Land Trust Company
Bought by
Corn Lynda B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
8.43%

Purchase Details

Closed on
Nov 22, 1996
Sold by
Corn Lynda B
Bought by
The Chicago Trust Company and Trust #1103914
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Almendariz Maria Antonia $172,000 None Listed On Document
Serrat Angel $135,000 None Available
Cook Darrin $229,000 Git
Chicago Title Land Trust Company -- --
Corn Lynda B -- --
The Chicago Trust Company -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Almendariz Maria Antonia $129,000
Previous Owner Cook Darrin $183,200
Previous Owner Corn Lynda B $125,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/13/2023 04/13/23 Sold $172,000 +4.2% $215 / Sq Ft
03/13/2023 03/13/23 Pending -- -- --
02/23/2023 02/23/23 For Sale $165,000 0.0% $206 / Sq Ft
02/10/2023 02/10/23 Pending -- -- --
02/05/2023 02/05/23 For Sale $165,000 -- $206 / Sq Ft
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 $6,234 $27,793 $10,350 $17,443
2024 $6,234 $27,793 $10,350 $17,443
2023 $6,077 $29,546 $8,334 $21,212
2022 $6,077 $29,546 $8,334 $21,212
2021 $5,941 $29,545 $8,333 $21,212
2020 $6,260 $28,100 $5,833 $22,267
2019 $6,126 $30,493 $5,833 $24,660
2018 $6,023 $30,493 $5,833 $24,660
2017 $2,906 $13,499 $4,666 $8,833
2016 $2,704 $13,499 $4,666 $8,833
2015 $2,474 $13,499 $4,666 $8,833
2014 $2,704 $14,575 $3,750 $10,825
2013 $2,651 $14,575 $3,750 $10,825
Source: Public Records

Agents Affiliated with this Home

  • Florence Molinelli

    Seller's Agent in 2023

    Florence Molinelli

    RE/MAX

    (312) 404-7231

    8 in this area

    32 Total Sales

    Florence Molinelli
    Section Image
  • Wendy Andrade

    Buyer's Agent in 2023

    Wendy Andrade

    @ Properties

    (312) 429-0314

    1 in this area

    39 Total Sales

    Wendy Andrade
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11713221

Midwest Real Estate Data (MRED)

APN: 17-03-201-077-1001

Illinois Cook County Chicago 60611 Gold Coast

87 E Elm St Unit G, Chicago, IL

Not Listed for Sale

Condos

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.

Midwest Real Estate Data (MRED) 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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