NOT LISTED FOR SALE

Estimated Value: $206,603 - $238,000

1 Bed
1 Bath
700 Sq Ft
$535/mo HOA Fee

Last Sold July 16, 2021

Last sale price $190,000 $271 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $1,989/month

1 Day on Market

Highlights

  • Doorman
  • Lock-and-Leave Community
  • Sundeck
  • Fitness Center
  • Party Room
  • 1-minute walk to Lake Shore Park

About This Home

As of July 2021

Move-in ready! One bedroom and one bath condo in highly sought after Pearson on the Park. Located in the heart of Streeterville, a great Chicago neighborhood with tree lined streets, coffee shops, shopping and restaurants. Brand new carpeting in the bedroom. Hardwood flooring in living/dining area. Entire condo freshly painted. All new window blinds. Spacious kitchen with wood cabinets, granite countertops and stainless steel appliances. Microwave and high-end in-unit Bosch washer/dryer new in 2016. Extra locker storage space and bike storage in the building. Dry cleaners and package room on the first floor. Valet parking available in attached garage for additional monthly fee. Exercise room, fabulous roof-top deck and party room with amazing views of Lake Michigan, Navy Pier, Fireworks and City skyline. Across the street from Lake Shore Park, tennis courts and The Museum of Contemporary Art (MCA). Walk to Lake Michigan, Navy Pier, and the Magnificent Mile. Conveniently close to Northwestern Memorial and Lurie Children's' Hospital. Easy access to Lake Shore Drive and CTA. Door person on-site 24/7. Professionally managed by Sudler Management. This is a great city condo you don't want to miss!

Last Agent to Sell the Property

Deb McCormick

Baird & Warner License #475192839 Listed on: 06/30/2021

Last Buyer's Agent

Renee Lewis

@properties Christie's International Real Estate License #475175039

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,946

Year Built

  • Built in 1963

Lot Details

  • 0.48

HOA Fees

  • $535 Monthly HOA Fees

Home Design

  • Brick or Stone Veneer

Interior Spaces

  • 700 Sq Ft Home
  • Combination Dining and Living Room

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • Attached Garage
  • No Garage
  • Leased Parking

Utilities

  • Zoned Heating and Cooling System
  • Lake Michigan Water

Community Details

Overview

  • Association fees include heat, air conditioning, water, gas, doorman, tv/cable, clubhouse, exercise facilities, exterior maintenance, lawn care, scavenger, snow removal
  • 219 Units
  • Helene Heywood Association, Phone Number (312) 440-1922
  • Pearson On The Park Subdivision
  • Property managed by SUDLER
  • Lock-and-Leave Community
  • 28-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Sundeck
  • Party Room
  • Coin Laundry
  • Elevator
  • Service Elevator
  • Package Room

Recreation

  • Bike Trail

Pet Policy

  • Pets up to 75 lbs
  • Limit on the number of pets
  • Pet Size Limit
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,946

Year Built

Built in 1963

Lot Details

0

HOA Fees

$535 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Subdivision Name: Pearson on the Park
  • Year Built: 1963
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Non-Smoking Building
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 16
  • New Construction Y/N: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 28

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Cooktop, Electric Cooktop, Electric Oven
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • LivingArea: 700
  • Room Type: No additional rooms
  • Stories Total: 28
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • DirectionFaces: North
  • List Price: 199000
  • Waterfront: No
  • Exterior Building Type: Fl Brick/Stn Veneer

Garage/Parking

  • Number of Cars: 0
  • Garage Details: None/NA
  • Garage On-Site: Yes
  • Garage Ownership: Fee/Leased
  • Garage Type: Attached
  • Parking: Garage
  • Highest Parking Fee: 325
  • Lowest Parking Fee: 250

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Zoned, Other
  • Laundry Features: In Unit, Laundry Closet
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit, Size Limit
  • Association Fee: 535
  • Association Amenities: Bike Room/Bike Trails, Door Person, Coin Laundry, Elevator(s), Exercise Room, Storage, On Site Manager/Engineer, Party Room, Sundeck, Receiving Room, Security Door Lock(s), Service Elevator(s), Valet/Cleaner
  • Association Fee Frequency: Monthly
  • Management: Manager On-site,Monday through Friday
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: SUDLER
  • Management Contact Name: HELENE HEYWOOD
  • Management Phone: 312-440-1922

Fee Information

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

Schools

  • Middle/Junior School District: 299

Lot Info

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

Rental Info

  • Lease Amount: 300
  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 75

Tax Info

  • Tax Annual Amount: 2946
  • Tax Year: 2019
  • Tax Exemptions: None

Multi Family

  • Units in Building: 219

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 24, 2022
Sold by
Karthik Jessie and Karthik Karthikeyan
Bought by
Karthik Chicago Llc
Current Estimated Value
$224,401

Purchase Details

Listed on
Jun 30, 2021
Closed on
Jul 14, 2021
Sold by
Bartisius Alla and Bartisius Irmantas
Bought by
Karthik Felix K and Karthik Jessie
Seller's Agent
Deb McCormick
Baird & Warner
Buyer's Agent
Renee Lewis
@properties Christie's International Real Estate
List Price
$199,000
Sold Price
$190,000
Premium/Discount to List
-$9,000
-4.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.07%

Purchase Details

Closed on
Mar 10, 2018
Sold by
Bartisius Alla and Formanyuk Alla
Bought by
Bartisius Alla and Bartisius Irmantas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,857
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 24, 2006
Sold by
222 East Pearson Reo Llc
Bought by
Formanyuk Alla

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,100
Interest Rate
6.25%
Mortgage Type
Fannie Mae Freddie Mac
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
Karthik Chicago Llc -- None Listed On Document
Karthik Felix K $190,000 Attorney
Bartisius Alla -- Attorney
Formanyuk Alla $218,500 Lawyers
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bartisius Alla $138,857
Previous Owner Formanyuk Alla $175,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2021 07/16/21 Sold $190,000 -4.5% $271 / Sq Ft
07/02/2021 07/02/21 Pending -- -- --
06/30/2021 06/30/21 For Sale $199,000 -- $284 / 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 $3,098 $18,679 $1,822 $16,857
2023 $2,999 $18,000 $1,473 $16,527
2022 $2,999 $18,000 $1,473 $16,527
2021 $2,950 $17,999 $1,473 $16,526
2020 $3,023 $16,672 $1,026 $15,646
2019 $2,946 $18,094 $1,026 $17,068
2018 $2,896 $18,094 $1,026 $17,068
2017 $2,898 $16,837 $821 $16,016
2016 $2,872 $16,837 $821 $16,016
2015 $2,605 $16,837 $821 $16,016
2014 $2,063 $13,686 $660 $13,026
2013 $2,011 $13,686 $660 $13,026
Source: Public Records

Agents Affiliated with this Home

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Source: Midwest Real Estate Data (MRED)

MLS Number: 11134216

Midwest Real Estate Data (MRED)

APN: 17-03-227-024-1122