NOT LISTED FOR SALE

Gallery 400 400 W Ontario St Unit 706 Chicago, IL 60654

River North Neighborhood

Estimated Value: $438,000 - $493,005

2 Beds
2 Baths
-- Sq Ft
24,176 Sq Ft Lot

Sale Details

Date Sold: June 10, 2024

Last sale price $465,000

Current estimated payment $3,971 / mo

26 Days on Market

Highlights

  • Doorman
  • Wood Flooring
  • Balcony
  • Fitness Center
  • Elevator
  • 4-minute walk to Ward A Montgomery Park Chicago

About This Home

As of June 2024

South-facing 2 bedroom, 2 bath in prime Kingsbury Estates section of River North! Spacious open floorplan features beautiful wide-plank hardwood floors, a contemporary kitchen with off-white cabinets, granite counters and stainless-steel appliances. Large primary suite complete with massive, customized walk-in closet & ensuite bathroom with double vanity, deep soaking tub and a separate stand-up shower. Fully enclosed second bedroom features a large closet with frosted, sliding glass doors. Additional property features include an extra-large balcony, new in-unit washer and dryer, a gas fireplace and additional storage. Full-service professionally managed building with 24hr door staff & fitness center. Steps to River North & West Loop's finest restaurants, shopping & nightlife, as well as East Bank Club, Montgomery Ward Park, CTA & easy highway access. Premium heated parking space available at $35K and must be purchased with the unit.

Last Agent to Sell the Property

Anne Loncar

Coldwell Banker Realty License #475136667 Listed on: 04/16/2024

Coldwell Banker Realty

Last Buyer's Agent

Tammy Morehouse

Baird & Warner License #475163458

Baird & Warner

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,303

Year Built

  • Built in 1998 | Remodeled in 2014

Lot Details

  • 0.56

HOA Fees

  • $795 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Heated Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Gas Log Fireplace
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Storage
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

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

Additional Features

  • Additional Parcels

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, doorman, tv/cable, exercise facilities, exterior maintenance, scavenger
  • 117 Units
  • Jennifer Gorski Association, Phone Number (312) 587-7002
  • Gallery 400 Subdivision
  • Property managed by First Service Residential
  • 17-Story Property

Amenities

  • Doorman
  • Elevator
  • Community Storage Space

Recreation

  • Bike Trail

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,303

Year Built

Built in 1998 | Remodeled in 2014

Lot Details

0.56 Acres

HOA Fees

$795 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Condo-Loft
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,Condo-Loft
  • Subdivision Name: Gallery 400
  • Year Built: 1998
  • Age: 26-30 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 7
  • Rehab Year: 2014
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 17
  • Year Renovated: 2014

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit, Storage
  • Room Type: No additional rooms
  • Stories Total: 17
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Fireplace Location: Living Room
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Balcony
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Garage Details: Heated
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 795
  • Association Amenities: Bike Room/Bike Trails, Door Person, Elevator(s), Exercise Room, Storage
  • Association Fee Frequency: Monthly
  • Management: Manager On-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: First Service Residential
  • Management Contact Name: Jennifer Gorski
  • Management Phone: 312-587-7002
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Doorman, TV/Cable, Exercise Facilities, Exterior Maintenance, Scavenger

Lot Info

  • Additional Parcels: Yes
  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 8302.92
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 117

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2024
Closed on
May 20, 2024
Sold by
Cartus Financial Corporation
Bought by
Betori James M
Seller's Agent
Anne Loncar
Coldwell Banker Realty
Buyer's Agent
Tammy Morehouse
Baird & Warner
List Price
$440,000
Sold Price
$465,000
Premium/Discount to List
$25,000
5.68%
Views
78
Current Estimated Value
$465,751

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$751
Avg. Annual Appreciation
0.09%
Original Mortgage
$372,000
Outstanding Balance
$365,825
Interest Rate
7.5%
Mortgage Type
New Conventional
Estimated Equity
$99,926

Purchase Details

Closed on
Mar 19, 2024
Sold by
Thomas David Isaac and Varghese Asha
Bought by
Cartus Financial Corporation

Purchase Details

Closed on
Oct 29, 2008
Sold by
Mccall Katherine A
Bought by
Isaac Varghese Asha and Isaac Thomas David

Purchase Details

Closed on
Aug 23, 2007
Sold by
Beiser Kathleen E
Bought by
Mccall Katherine A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,750
Interest Rate
6.63%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Feb 7, 2000
Sold by
400 W Ontario Llc
Bought by
Beiser Kathleen E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
8.16%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Betori James M $465,000 Burnet Title
Cartus Financial Corporation $465,000 Burnet Title
Isaac Varghese Asha $385,000 Chicago Title Insurance Co
Mccall Katherine A $385,000 None Available
Beiser Kathleen E $299,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Betori James M $372,000
Previous Owner Mccall Katherine A $57,750
Previous Owner Mccall Katherine A $308,000
Previous Owner Beiser Kathleen E $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/10/2024 06/10/24 Sold $465,000 +5.7% --
04/23/2024 04/23/24 Pending -- -- --
03/27/2024 03/27/24 For Sale $440,000 -- --
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 $8,012 $39,779 $4,341 $35,438
2024 $8,012 $39,779 $4,341 $35,438
2023 $7,789 $41,290 $3,552 $37,738
2022 $7,789 $41,290 $3,552 $37,738
2021 $7,633 $41,289 $3,552 $37,737
2020 $7,452 $36,555 $2,700 $33,855
2019 $7,124 $38,890 $2,700 $36,190
2018 $7,003 $38,890 $2,700 $36,190
2017 $6,159 $31,987 $2,300 $29,687
2016 $5,906 $31,987 $2,300 $29,687
2015 $5,381 $31,987 $2,300 $29,687
2014 $4,895 $28,951 $1,440 $27,511
2013 $4,787 $28,951 $1,440 $27,511
Source: Public Records

Agents Affiliated with this Home

  • Anne Loncar

    Seller's Agent in 2024

    Anne Loncar

    Coldwell Banker Realty

    (773) 209-7509

    1 in this area

    37 Total Sales

    Anne Loncar
    Section Image

  • T

    Buyer's Agent in 2024

    Tammy Morehouse

    Baird Warner

    1 in this area

    3 Total Sales

    Tammy Morehouse
    Section Image
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About Gallery 400

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12014598

Midwest Real Estate Data (MRED)

APN: 17-09-127-036-1034

Illinois Cook County Chicago 60654 River North

400 W Ontario St Unit 706, 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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