Seller's Agent in 2018
Jeffrey Lowe
Compass
(312) 883-3030
30 in this area
1,086 Total Sales
Parc Chestnut 849 N Franklin St Unit 1608 Chicago, IL 60610
River North NeighborhoodEstimated Value: $626,000 - $1,435,000
4
Beds
4
Baths
2,950
Sq Ft
$1,829/mo
HOA Fee
Highlights
- Landscaped Professionally
- 3-minute walk to Chicago Avenue Station (Brown, Purple Lines)
- Wood Flooring
- Deck
- Property is near a park
- 1-minute walk to Chestnut Park
About This Home
As of June 2018Truly unique 2,950 square foot duplex up penthouse in hot River North! Main floor features 3 spacious bedrooms plus den, open kitchen/living room/dining room and two balconies. The upper floor offers a family room, powder room and a wet bar that leads to a large, private terrace with spectacular city views! Both lower and upper terraces has gas and upper terrace has water access. Beautiful white kitchen with granite countertops, commercial grade appliances, backsplash and under cabinet lighting. Neutral finishes throughout and generous storage. Tandem parking included. Full amenity building with impressive exercise facilities, dry cleaner, on-site manager, doorman, bike room and large, private park across the street, well managed with healthy reserves.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $20,358
Year Built
- 2007
Lot Details
- Southern Exposure
- East or West Exposure
- Landscaped Professionally
HOA Fees
- $1,829 per month
Parking
- Attached Garage
- Heated Garage
- Tandem Garage
- Garage Door Opener
- Parking Included in Price
- Garage Is Owned
Home Design
- Brick Exterior Construction
- Stone Siding
- Clad Trim
Interior Spaces
- Wet Bar
- Gas Log Fireplace
- Entrance Foyer
- Storage
- Wood Flooring
Kitchen
- Breakfast Bar
- Oven or Range
- Microwave
- High End Refrigerator
- Dishwasher
- Wine Cooler
- Stainless Steel Appliances
- Kitchen Island
- Disposal
Bedrooms and Bathrooms
- Main Floor Bedroom
- Walk-In Closet
- Primary Bathroom is a Full Bathroom
- Bathroom on Main Level
- Dual Sinks
- Whirlpool Bathtub
- Separate Shower
Laundry
- Dryer
- Washer
Outdoor Features
- Deck
- Terrace
Location
- Property is near a park
- City Lot
Utilities
- Central Air
- Heating System Uses Gas
- Lake Michigan Water
Community Details
- Pets Allowed
Listing and Financial Details
- Homeowner Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 10, 2018
Closed on
Jun 14, 2018
Sold by
Porzenheim Clifford
Bought by
Kurland Jeffrey M and Schultz Suzanne M
Seller's Agent
Jeffrey Lowe
Compass
Buyer's Agent
Elizabeth Ballis
Compass
List Price
$1,299,000
Sold Price
$1,230,000
Premium/Discount to List
-$69,000
-5.31%
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
-$148,561
Avg. Annual Appreciation
-1.75%
Purchase Details
Listed on
Mar 18, 2015
Closed on
Jul 31, 2015
Sold by
Vander Polimeros David A and Vander Mey Jessalyn
Bought by
Porzenheim Clifford
Seller's Agent
Amy Pritchard
Jameson Sotheby's Intl Realty
Buyer's Agent
Sonia Cohen
Coldwell Banker Realty
List Price
$1,299,900
Sold Price
$1,247,500
Premium/Discount to List
-$52,400
-4.03%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.49%
Original Mortgage
$417,000
Interest Rate
3.12%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 18, 2008
Sold by
Chang Yong W and Chang Sung H
Bought by
Polimeros David A and Vander Mey Jessalyn
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$795,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 21, 2007
Sold by
Parc Chestnut Llc
Bought by
Chang Yong W and Chang Sung H
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$860,000
Interest Rate
5.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Kurland Jeffrey M | $1,230,000 | Near North National Title | |
| Porzenheim Clifford | $1,247,500 | Ct | |
| Polimeros David A | $1,060,000 | First American | |
| Chang Yong W | $1,087,000 | Ticor Title Insurance Compan |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Porzenheim Clifford | $417,000 | |
| Previous Owner | Polimeros David A | $795,000 | |
| Previous Owner | Chang Yong W | $860,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/22/2018 06/22/18 | Sold | $1,230,000 | -3.5% | $417 / Sq Ft | |
| 05/20/2018 05/20/18 | Pending | -- | -- | -- | |
| 04/20/2018 04/20/18 | Price Changed | $1,274,000 | -1.9% | $432 / Sq Ft | |
| 04/10/2018 04/10/18 | For Sale | $1,299,000 | +4.1% | $440 / Sq Ft | |
| 07/31/2015 07/31/15 | Sold | $1,247,500 | -4.0% | $423 / Sq Ft | View Prior Sale |
| 04/27/2015 04/27/15 | Pending | -- | -- | -- | |
| 03/18/2015 03/18/15 | For Sale | $1,299,900 | -- | $441 / Sq Ft |
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 | $20,358 | $104,377 | $9,512 | $94,865 |
| 2023 | $19,807 | $102,457 | $7,671 | $94,786 |
| 2022 | $19,807 | $102,457 | $7,671 | $94,786 |
| 2021 | $19,398 | $102,456 | $7,670 | $94,786 |
| 2020 | $19,803 | $94,481 | $7,364 | $87,117 |
| 2019 | $20,698 | $103,019 | $7,364 | $95,655 |
| 2018 | $19,128 | $103,019 | $7,364 | $95,655 |
| 2017 | $17,960 | $86,806 | $5,829 | $80,977 |
| 2016 | $16,886 | $86,806 | $5,829 | $80,977 |
| 2015 | $15,426 | $86,806 | $5,829 | $80,977 |
| 2014 | $13,516 | $75,414 | $4,418 | $70,996 |
| 2013 | $13,238 | $75,414 | $4,418 | $70,996 |
Source: Public Records
Agents Affiliated with this Home
-
Jeffrey Lowe
-
Elizabeth Ballis
Buyer's Agent in 2018
Elizabeth Ballis
Compass
(312) 343-4545
7 in this area
126 Total Sales
-
Amy Pritchard
Seller's Agent in 2015
Amy Pritchard
Jameson Sotheby's Intl Realty
(312) 857-8508
1 Total Sale
-
Sonia Cohen
Buyer's Agent in 2015
Sonia Cohen
Coldwell Banker Realty
(847) 337-6005
1 in this area
44 Total Sales
About Parc Chestnut
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD09911652
APN: 17-04-445-017-1258
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