NOT LISTED FOR SALE

Estimated Value: $508,000 - $721,000

2 Beds
2 Baths
-- Sq Ft
1.15 Acres

Last Sold June 06, 2012

Last sale price $380,000

Est. 48% increase in value since last sale

Current estimated payment $3,890/month

Highlights

  • Doorman
  • Open Floorplan
  • Granite Countertops
  • Fitness Center
  • Wood Flooring
  • 2-minute walk to Ward A Montgomery Park Chicago

About This Home

As of July 2024

2Bed/2Bath condo at Erie Center in the heart of River North with unobstructed skyline views! The open concept floor plan features expansive living/dining with private balcony access, making this unit perfect for entertaining! Granite countertops and custom tile backsplash. Spacious primary bedroom with spectacular views, Two massive walk-in closets, and ensuite bath. Floor-to-ceiling windows, in-unit laundry, newly stained hardwood floors, and sweeping views of the skyline from every room, complete this space. Parking included. Full amenity building with 24-hour doorman, storage, party room, & fitness center! Pet & investor friendly! Steps away from Chicago CTA, river walk, dog park, restaurants, nightlife, shopping, & everything River North has to offer!

Last Agent to Rent the Property

Jason Palermo

HomeSmart Connect LLC License #471010682 Listed on: 06/12/2024

HomeSmart Connect LLC

Last Renter's Agent

Lisa Koonce

RE/MAX of Naperville License #475124050

RE/MAX of Naperville

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,205

Year Built

  • Built in 1999

Lot Details

  • 1.15

Parking

  • 1 Car Attached Garage
  • Garage Transmitter
  • Parking Space is Owned

Home Design

  • Property Attached
  • Concrete Perimeter Foundation

Interior Spaces

  • Open Floorplan
  • Dry Bar
  • Formal Dining Room
  • Storage
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Stainless Steel Appliances
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms
  • Soaking Tub

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Listing and Financial Details

  • Security Deposit $3,500
  • Property Available on 6/12/24
  • Rent includes heat, water, parking, scavenger, doorman, wi-fi
  • 12 Month Lease Term

Community Details

Overview

  • 126 Units
  • Bret Nelson Association, Phone Number (312) 988-9520
  • Property managed by First Service Residential
  • 24-Story Property

Amenities

  • Doorman
  • Sundeck
  • Party Room
  • Elevator
  • Community Storage Space

Recreation

  • Bike Trail

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,205

Year Built

Built in 1999

Lot Details

0

Parking

1

Rental Info

  • Available Date: 2024-06-12
  • Lease Term: 12 Months
  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Type of Rental Property: Attached
  • Rental Price: 3500
  • Security Deposit: 3500
  • Is Parking Included in Price: No
  • Fees/Approvals: Move-in Fee,Refundable Damage Deposit
  • Max Pet Weight: 999

Listing Details

  • Property Type: Residential Lease
  • Property Type: Residential Lease
  • Property Sub-Type: Attached
  • Year Built: 1999
  • Age: 21-25 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 13
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 24

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Wine Refrigerator
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Bar-Dry, Hardwood Floors, Laundry Hook-Up in Unit, Storage, Open Floorplan, Granite Counters
  • Room Type: Balcony/Porch/Lanai
  • Stories Total: 24
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • Foundation Details: Concrete Perimeter
  • List Price: 3500
  • Waterfront: No
  • Exterior Building Type: Glass,Concrete

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Garage Details: Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Amenities: Bike Room/Bike Trails, Door Person, Elevator(s), Exercise Room, Storage, Health Club, On Site Manager/Engineer, Party Room, Sundeck
  • Rent Includes: Heat, Water, Parking, Scavenger, Doorman, Wi-Fi
  • Management: Manager On-site,Monday through Friday
  • Management Company: First Service Residential
  • Management Contact Name: Bret Nelson
  • Management Phone: 312-988-9520

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: COMMON
  • Rural (Y/N): N

Multi Family

  • Units in Building: 126

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2012
Closed on
May 31, 2012
Sold by
Barnard Ronald L and Barnard June D
Bought by
Hansen Michael G and Hansen Ursula
Seller's Agent
Gwen Hughes
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Lea Larsen
Compass
List Price
$375,000
Sold Price
$380,000
Premium/Discount to List
$5,000
1.33%
Current Estimated Value
$563,862

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$183,862
Avg. Annual Appreciation
3.05%
Original Mortgage
$304,000
Outstanding Balance
$214,781
Interest Rate
3.87%
Mortgage Type
New Conventional
Estimated Equity
$349,081

Purchase Details

Closed on
Feb 28, 2005
Sold by
The Avalon Group
Bought by
Barnard Ronald L and Barnard June D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
2.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 21, 2005
Sold by
Allgeier
Bought by
The Avalon Group

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
2.12%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Hansen Michael G $380,000 None Available
Barnard Ronald L $400,000 First American Title
The Avalon Group $320,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hansen Michael G $304,000
Previous Owner Barnard Ronald L $298,000
Previous Owner Barnard Ronald L $320,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2024 07/02/24 Rented $3,500 0.0% --
06/20/2024 06/20/24 Under Contract -- -- --
06/12/2024 06/12/24 For Rent $3,500 +42.9% --
03/24/2021 03/24/21 Rented $2,450 0.0% --
03/18/2021 03/18/21 Off Market $2,450 -- --
03/08/2021 03/08/21 For Rent $2,450 0.0% --
06/06/2012 06/06/12 Sold $380,000 +1.3% $300 / Sq Ft
04/16/2012 04/16/12 Pending -- -- --
02/16/2012 02/16/12 For Sale $375,000 -- $296 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

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 $9,205 $45,113 $4,404 $40,709
2023 $8,974 $43,630 $3,599 $40,031
2022 $8,974 $43,630 $3,599 $40,031
2021 $8,773 $43,629 $3,599 $40,030
2020 $8,563 $38,440 $2,739 $35,701
2019 $8,385 $41,735 $2,739 $38,996
2018 $8,244 $41,735 $2,739 $38,996
2017 $7,739 $35,948 $2,333 $33,615
2016 $7,200 $35,948 $2,333 $33,615
2015 $6,587 $35,948 $2,333 $33,615
2014 $6,259 $33,737 $1,461 $32,276
2013 $6,451 $35,468 $1,461 $34,007
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12082741

Midwest Real Estate Data (MRED)

APN: 17-09-127-039-1445