NOT LISTED FOR SALE

Estimated Value: $487,000 - $508,000

2 Beds
2 Baths
1,446 Sq Ft
$1,304/mo HOA Fee

Last Sold August 23, 2024

Last sale price $468,000 $324 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $4,774/month

12 Days on Market

Highlights

  • Doorman
  • 1-minute walk to Lake Station
  • Fitness Center
  • South Loop Elementary School Rated 9+
  • Water Views
  • 4-minute walk to Millenium Park

About This Home

As of August 2024

Welcome to Joffrey Tower at 8 E. Randolph Street #2004, situated in the heart of Chicago's Loop. This prime location puts you steps away from Macy's, Target, AMC Theater, the famous Chicago Theatre, shopping, dining, the river walk, public transportation, and more. This large 2 bed, 2 bath South/East corner unit offers stunning city and lake views, with picture-perfect scenery from every room with floor-to-ceiling windows. The entire unit has been freshly repainted and boasts brand new flooring as of July 2024. The oversized kitchen features granite countertops and stainless steel appliances, including a brand new dishwasher installed in 2024. Step out onto the balcony to enjoy breathtaking views. The spacious primary bedroom includes a walk-in closet and an en-suite bathroom with double sinks. The second bedroom is also generously sized. The unit comes with an in-unit washer and dryer, along with additional storage in the laundry room. Monthly HOA assessments cover AC, heat, cooking gas, water, cable/internet, trash, and a parking spot. Owners only need to pay for electricity. Joffrey Tower is a full-service building with 24/7 door staff, a recently renovated lobby, bike storage, well-equipped fitness center, package receiving room, library, party room, and more. A storage locker (#76 on the 9th floor) is included in the price. An indoor parking spot (#53) is available for $30K, located on the prime -1 level. Parking is a limited common element, so no additional tax is required. The building reserves are approximately $1.2MM, with no planned special assessments. Joffrey Tower is an investor-friendly building with no rental cap, though there is a minimum one-year lease requirement. A 3D virtual tour, floor plan and video tour are available upon request.

Last Agent to Sell the Property

Chih-Hao Yang

Fulton Grace Realty License #471021199 Listed on: 07/25/2024

Fulton Grace Realty

Last Buyer's Agent

Lauren Mitrick Wood

Compass License #475141655

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,085

Year Built

  • Built in 2008 | Remodeled in 2024

Lot Details

  • 0.44

HOA Fees

  • $1,304 Monthly HOA Fees

Parking

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

Interior Spaces

  • 1,446 Sq Ft Home
  • Open Floorplan
  • Combination Dining and Living Room
  • Storage
  • Laminate Flooring
  • Water Views

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Soaking Tub

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Utilities

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

Additional Features

  • Balcony
  • Property is near a bus stop

Community Details

Overview

  • Association fees include heat, air conditioning, water, gas, parking, insurance, doorman, tv/cable, exercise facilities, exterior maintenance, lawn care, scavenger, snow removal, internet
  • 174 Units
  • Lucretia Crestescu Association, Phone Number (312) 578-8550
  • Joffrey Tower Subdivision
  • Property managed by joffreytowermgr@sudlerchicago.com
  • 33-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Party Room
  • Laundry Facilities
  • Service Elevator
  • Package Room
  • Elevator

Recreation

  • Bike Trail

Pet Policy

  • Pets up to 60 lbs
  • Pet Size Limit
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,085

Year Built

Built in 2008 | Remodeled in 2024

Lot Details

0

HOA Fees

$1,304 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Subdivision Name: Joffrey Tower
  • Year Built: 2008
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train,Interstate Access,Non-Smoking Building
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 20
  • Rehab Year: 2024
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 33
  • Year Renovated: 2024

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s), Cooktop, Gas Cooktop, Gas Oven
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Elevator, Wood Laminate Floors, Laundry Hook-Up in Unit, Storage, Walk-In Closet(s), Open Floorplan, Doorman, Granite Counters, Lobby
  • LivingArea: 1446
  • Room Type: Walk In Closet, Balcony/Porch/Lanai
  • Stories Total: 33
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Balcony
  • List Price: 450000
  • Waterfront: No
  • Exterior Building Type: Steel Siding,Glass,Concrete

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Size Limit
  • Association Fee: 1304
  • Association Amenities: Bike Room/Bike Trails, Door Person, Elevator(s), Exercise Room, Storage, On Site Manager/Engineer, Party Room, Receiving Room, Service Elevator(s), Valet/Cleaner, Laundry, Public Bus, Water View
  • Association Fee Frequency: Monthly
  • Management: Manager On-site,Monday through Friday
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: joffreytowermgr@sudlerchicago.com
  • Management Contact Name: Lucretia Crestescu
  • Management Phone: 312-578-8550
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Air Conditioning, Water, Gas, Parking, Insurance, Doorman, TV/Cable, Exercise Facilities, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Internet

Schools

  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 60

Tax Info

  • Tax Annual Amount: 10085.29
  • Tax Year: 2023

Multi Family

  • Units in Building: 174

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2024
Closed on
Aug 23, 2024
Sold by
He Ji and Zhang Yaqi
Bought by
H & F Chicago 60601 Llc
Seller's Agent
Chih-Hao Yang
Fulton Grace Realty
Buyer's Agent
Lauren Mitrick Wood
Compass
List Price
$450,000
Sold Price
$468,000
Premium/Discount to List
$18,000
4%
Views
18
Current Estimated Value
$497,544

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,544
Avg. Annual Appreciation
5.72%

Purchase Details

Listed on
Jun 12, 2019
Closed on
Aug 9, 2019
Sold by
Mandel Lee M and Mandel Portia D
Bought by
He Ji
Seller's Agent
Portia Mandel
RE/MAX of Naperville
Buyer's Agent
Leslie Glazier
@properties Christie's International Real Estate
List Price
$529,900
Sold Price
$555,000
Premium/Discount to List
$25,100
4.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.33%
Original Mortgage
$265,000
Interest Rate
3.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 16, 2008
Sold by
Smithfield Properties Xl Llc
Bought by
Mandel Lee M and Mandel Portia D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$366,300
Interest Rate
6.17%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
H & F Chicago 60601 Llc $468,000 Citywide Title
He Ji $555,000 Fidelity National Title
Mandel Lee M $458,000 Near North National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner He Ji $265,000
Previous Owner Mandel Lee M $366,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/23/2024 08/23/24 Sold $468,000 +4.0% $324 / Sq Ft
08/07/2024 08/07/24 Pending -- -- --
07/25/2024 07/25/24 For Sale $450,000 -18.9% $311 / Sq Ft
08/09/2019 08/09/19 Sold $555,000 +4.7% $405 / Sq Ft View Prior Sale
06/28/2019 06/28/19 Pending -- -- --
06/12/2019 06/12/19 For Sale $529,900 -- $387 / 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 $10,085 $47,763 $2,472 $45,291
2023 $9,769 $49,000 $1,992 $47,008
2022 $9,769 $49,000 $1,992 $47,008
2021 $10,255 $48,999 $1,992 $47,007
2020 $10,427 $45,108 $1,805 $43,303
2019 $10,279 $49,128 $1,805 $47,323
2018 $10,102 $49,128 $1,805 $47,323
2017 $9,409 $41,925 $1,494 $40,431
2016 $8,799 $41,925 $1,494 $40,431
2015 $8,070 $41,925 $1,494 $40,431
2014 $6,032 $30,703 $3,172 $27,531
2013 $5,915 $30,703 $3,172 $27,531
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12120613

Midwest Real Estate Data (MRED)

APN: 17-10-305-011-1076