The Caravel 635 N Dearborn St Unit 801 Chicago, IL 60654
River North Neighborhood
2
Beds
2
Baths
1,326
Sq Ft
$878/mo
HOA Fee
Highlights
- 2 Car Attached Garage
- 3-minute walk to Grand Avenue Station (Red Line)
- Two Heating Systems
- Living Room
- Laundry Room
- Central Air
About This Home
As of December 2024Spacious 2BR/2BA condo at the Caravel. This 1326 square foot unit has a split bedroom floorplan and spacious living room/dining room layout. Unit features refinished hardwood floors and a corner balcony. Large primary bedroom with walk in closet plus 2 additional closets. Second bedroom large enough for guest room and home office. The building has a new fitness center, 24 hour door staff, guest suite for family & friends, on-site engineer and onsite management and longtime building manager. The building has 1.4M plus in reserves with no major projects coming. Located near the NEW Whole Foods, Lifetime Fitness, Jewel Osco, restaurants, coffee shops, and the Mag Mile. Easy access up to the freeway and a block to the CTA Red Live stop at Grand.
Last Agent to Sell the Property
@properties Christie's International Real Estate License #475124410
Last Buyer's Agent
@properties Christie's International Real Estate License #475124410
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $7,231
Year Built
- Built in 2000
HOA Fees
- $878 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Parking Included in Price
- Deeded Parking Sold Separately
Home Design
- Brick Exterior Construction
Interior Spaces
- 1,326 Sq Ft Home
- Family Room
- Living Room
- Dining Room
- Laundry Room
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- 2 Full Bathrooms
Utilities
- Central Air
- Two Heating Systems
- Heating System Uses Natural Gas
- Individual Controls for Heating
- Lake Michigan Water
Listing and Financial Details
- Homeowner Tax Exemptions
Community Details
Overview
- Association fees include heat, air conditioning, water, gas, insurance, security, doorman, tv/cable, exercise facilities, exterior maintenance, scavenger, snow removal, internet
- 126 Units
- Diane Smith Association, Phone Number (312) 654-1766
- Property managed by First Service Residential
- 28-Story Property
Pet Policy
- Pets up to 25 lbs
- Limit on the number of pets
- Pet Size Limit
- Dogs and Cats Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 28, 2024
Closed on
Dec 17, 2024
Sold by
Suresha P Patel Living Trust and Patel Suresha P
Bought by
Pescaru Alexandru and Cavell Amal Bouaffia
Seller's Agent
Ken Jungwirth
@properties Christie's International Real Estate
Buyer's Agent
Ken Jungwirth
@properties Christie's International Real Estate
List Price
$469,000
Sold Price
$444,000
Premium/Discount to List
-$25,000
-5.33%
Total Days on Market
173
Views
81
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
$9,033
Avg. Annual Appreciation
2.96%
Purchase Details
Closed on
Feb 22, 2022
Sold by
Patel Suresha and Patel Y
Bought by
Patel Suresha P and Suresha P Patel Living Trust
Purchase Details
Closed on
Feb 9, 2022
Sold by
Patel Suresha and Patel Y
Bought by
Patel Suresha P and Suresha P Patel Living Trust
Purchase Details
Closed on
Feb 26, 2003
Sold by
The Caravel Development Group Llc
Bought by
Patel Suresha
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
5%
Mortgage Type
Unknown
Map
About The Caravel
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $444,000 | Old Republic Title | |
| Deed | $444,000 | Old Republic Title | |
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Warranty Deed | $453,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $100,000 | Credit Line Revolving | |
| Previous Owner | $229,750 | Unknown | |
| Previous Owner | $230,000 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/17/2024 12/17/24 | Sold | $444,000 | -3.3% | $335 / Sq Ft |
| 11/18/2024 11/18/24 | Pending | -- | -- | -- |
| 10/25/2024 10/25/24 | Price Changed | $459,000 | -2.1% | $346 / Sq Ft |
| 05/28/2024 05/28/24 | For Sale | $469,000 | -- | $354 / 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 |
|---|---|---|---|---|
| 2024 | $7,010 | $36,188 | $2,035 | $34,153 |
| 2023 | $7,010 | $40,240 | $1,641 | $38,599 |
| 2022 | $7,010 | $40,240 | $1,641 | $38,599 |
| 2021 | $6,886 | $40,239 | $1,641 | $38,598 |
| 2020 | $6,740 | $35,838 | $1,265 | $34,573 |
| 2019 | $6,577 | $38,909 | $1,265 | $37,644 |
| 2018 | $6,464 | $38,909 | $1,265 | $37,644 |
| 2017 | $6,145 | $31,921 | $1,078 | $30,843 |
| 2016 | $5,893 | $31,921 | $1,078 | $30,843 |
| 2015 | $5,369 | $31,921 | $1,078 | $30,843 |
| 2014 | $5,112 | $30,122 | $843 | $29,279 |
| 2013 | $5,000 | $30,122 | $843 | $29,279 |
Source: Public Records
Source: Midwest Real Estate Data (MRED)
MLS Number: 12067630
APN: 17-09-227-033-1007
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