Seller's Agent in 2025
Gail Spreen
Jameson Sotheby's Intl Realty
(312) 755-9999
207 in this area
257 Total Sales
2
Beds
2
Baths
1,425
Sq Ft
$899/mo
HOA Fee
Highlights
- Doorman
- Fitness Center
- Corner Lot
- Water Views
- Wood Flooring
- 2-minute walk to Bennet park
About This Home
As of October 2025Incredible lake views from this elegant two bedroom unit at beautiful 512 N McClurg Ct! Marble window seats give you a perch to watch Navy Pier fireworks and summer in the city! Granite counters, open kitchen with granite island and extended breakfast bar, full package of appliances, NEW stainless steel refrigerator (see photo), marble foyer, new hardwood floors, spacious master suite with built-in closet organizers and in-unit washer/dryer! Incredible location: walk to Michigan Avenue, the lakefront, the river walk, and more! Full amenity building with a newly remodeled landscaped sundeck, 24 hr doorman, on-site engineer, on-site management, valet and receiving, coin laundry, fitness center, business center, storage and hospitality room. Parking available to rent from garage.
Last Agent to Sell the Property
Jameson Sotheby's Intl Realty Brokerage Phone: (312) 925-7668 License #471004676 Listed on: 08/22/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $10,448
Year Built
- Built in 2001
HOA Fees
- $899 Monthly HOA Fees
Home Design
- Entry on the 49th floor
- Reinforced Caisson Foundation
- Concrete Block And Stucco Construction
Interior Spaces
- 1,425 Sq Ft Home
- Family Room
- Combination Dining and Living Room
- Storage
Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
Community Details
Overview
- Association fees include heat, air conditioning, water, gas, insurance, doorman, exercise facilities, internet
- 620 Units
- Nancy / Laurie Association, Phone Number (312) 836-5915
- Property managed by Sudler
- 58-Story Property
Amenities
- Doorman
- Valet Parking
- Sundeck
- Business Center
- Party Room
- Coin Laundry
- Elevator
- Service Elevator
- Package Room
Recreation
- Bike Trail
Pet Policy
- Limit on the number of pets
- Dogs and Cats Allowed
Security
- Resident Manager or Management On Site
- Fire Sprinkler System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 22, 2025
Closed on
Oct 22, 2025
Sold by
Garapati Ratna T
Bought by
Bhutani-Patel Trust and Bhutani
Seller's Agent
Gail Spreen
Jameson Sotheby's Intl Realty
Buyer's Agent
Michael Gerhardt
RE/MAX Premier
List Price
$549,000
Sold Price
$537,500
Premium/Discount to List
-$11,500
-2.09%
Views
98
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.82%
Original Mortgage
$430,000
Outstanding Balance
$430,000
Interest Rate
5.5%
Mortgage Type
New Conventional
Estimated Equity
$109,925
Purchase Details
Closed on
Jul 30, 2007
Sold by
Schmitz John J
Bought by
Garapati Ratna T
Purchase Details
Closed on
Mar 28, 2002
Sold by
Center At River East Llc
Bought by
Schmitz John J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,700
Interest Rate
6.8%
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $537,500 | First American Title | |
| Warranty Deed | $565,000 | First American Title Ins Co | |
| Warranty Deed | $448,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $430,000 | New Conventional | |
| Previous Owner | $388,700 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/31/2025 10/31/25 | Sold | $537,500 | -2.1% | $377 / Sq Ft |
| 09/20/2025 09/20/25 | Pending | -- | -- | -- |
| 08/22/2025 08/22/25 | For Sale | $549,000 | 0.0% | $385 / Sq Ft |
| 07/16/2022 07/16/22 | Rented | $3,300 | 0.0% | -- |
| 07/13/2022 07/13/22 | Under Contract | -- | -- | -- |
| 07/02/2022 07/02/22 | For Rent | $3,300 | +15.8% | -- |
| 04/15/2021 04/15/21 | Rented | $2,850 | +1.8% | -- |
| 01/30/2021 01/30/21 | Price Changed | $2,800 | -3.4% | $2 / Sq Ft |
| 01/13/2021 01/13/21 | For Rent | $2,900 | -9.4% | -- |
| 05/01/2017 05/01/17 | Rented | $3,200 | -5.9% | -- |
| 04/21/2017 04/21/17 | Under Contract | -- | -- | -- |
| 03/22/2017 03/22/17 | For Rent | $3,400 | 0.0% | -- |
| 03/10/2017 03/10/17 | Under Contract | -- | -- | -- |
| 01/18/2017 01/18/17 | For Rent | $3,400 | -- | -- |
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 | $10,448 | $51,257 | $840 | $50,417 |
| 2023 | $10,185 | $49,520 | $678 | $48,842 |
| 2022 | $10,185 | $49,520 | $678 | $48,842 |
| 2021 | $9,958 | $49,519 | $677 | $48,842 |
| 2020 | $9,938 | $44,610 | $522 | $44,088 |
| 2019 | $9,731 | $48,432 | $522 | $47,910 |
| 2018 | $8,888 | $48,432 | $522 | $47,910 |
| 2017 | $9,143 | $42,470 | $444 | $42,026 |
| 2016 | $8,506 | $42,470 | $444 | $42,026 |
| 2015 | $7,782 | $42,470 | $444 | $42,026 |
| 2014 | $7,753 | $41,787 | $348 | $41,439 |
| 2013 | $7,600 | $41,787 | $348 | $41,439 |
Source: Public Records
Agents Affiliated with this Home
-
Gail Spreen
-
Michael Gerhardt
Buyer's Agent in 2025
Michael Gerhardt
RE/MAX Premier
(773) 551-1586
3 in this area
144 Total Sales
-
Norene Chip
Seller Co-Listing Agent in 2022
Norene Chip
Jameson Sotheby's Intl Realty
(773) 490-5406
52 in this area
85 Total Sales
-
Meghan Luffred
Buyer's Agent in 2022
Meghan Luffred
@ Properties
(312) 608-2014
44 Total Sales
-
Lena Quist
L
Buyer's Agent in 2021
Lena Quist
Keller Williams ONEChicago
8 Total Sales
-
G
Seller's Agent in 2017
Gerald Murphy
Jameson Sotheby's Intl Realty
About The Residences at River East
Source: Midwest Real Estate Data (MRED)
MLS Number: 12453365
APN: 17-10-223-033-1514
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