$1,150,000
$100K PRICE DROP

Estimated payment $10,335/month

Total Views 639
3 Beds
4 Baths
2,300 Sq Ft
$500 Price per Sq Ft

Highlights

  • Doorman
  • 3-minute walk to Grand Avenue Station (Red Line)
  • Wood Flooring
  • Fitness Center
  • Penthouse
  • Main Floor Bedroom

About This Home

Stunning Two Story Penthouse With Floor to Ceiling Windows and Panoramic Views at The Caravel in the Heart of River North. Master and Second Bedrooms Are Both En Suite Upper Floor Den or Third Bed Room with half bath. Walk out to the Spectacular Private Terrace, over 700 sq ft of Teak Decking, Enjoy the North, South, and East Views. This Home is Perfect for Entertaining All Year Round. Additional Storage Closet and Two Deeded Indoor Parking Spaces Are Included in the price, #s 124 & 143. Amenities Include; Exercise Room, Bike Room, Guest Suites for Your Overnight Guests, 24-HR Doorman

Listing Agent

Frank Paganis, CCIM

Coldwell Banker Real Estate Group License #475161105 Listed on: 11/11/2025

Coldwell Banker Real Estate Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $22,470

Year Built

  • Built in 2003 | Remodeled in 2025

Lot Details

  • End Unit
  • Additional Parcels

HOA Fees

  • $2,400 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Included in Price

Home Design

  • Penthouse
  • Entry on the 28th floor
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,300 Sq Ft Home
  • Family Room with Fireplace
  • Combination Dining and Living Room

Kitchen

  • Range
  • Microwave
  • High End Refrigerator
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Wood
  • Sustainable

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Terrace

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

Overview

  • Association fees include heat, air conditioning, water, gas, parking, insurance, doorman, tv/cable, exercise facilities, exterior maintenance, scavenger, snow removal
  • 124 Units
  • Diane Smith Association, Phone Number (312) 654-1766
  • Property managed by Draper & Kramer
  • 29-Story Property

Amenities

  • Doorman
  • Sundeck
  • Elevator
  • Package Room

Recreation

  • Bike Trail

Pet Policy

  • Pets up to 25 lbs
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$22,470

Year Built

Built in 2003 | Remodeled in 2025

Lot Details

0

HOA Fees

$2,400 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Penthouse
  • Ownership: Condo
  • EntryLevel: 28
  • New Construction: No
  • Property Sub-Type: Condo,Penthouse
  • Year Built: 2003
  • Age: 21-25 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2025
  • MRD_WaterViewYN: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 29
  • Year Renovated: 2025

Interior Features

  • Appliances: Range, Microwave, Dishwasher, High End Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bathrooms: 4
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Flooring: Hardwood
  • Interior Amenities: 1st Floor Bedroom, 1st Floor Full Bath
  • LivingArea: 2300
  • Room Type: Terrace
  • Stories Total: 29
  • Estimated Total Finished Sq Ft: 0
  • Bathroom Amenities: Whirlpool,Separate Shower
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Fireplace Location: Family Room,Other
  • Total Sq Ft: 0
  • Flooring: Sustainable

Exterior Features

  • Common Walls: End Unit
  • Construction Materials: Brick
  • ExteriorFeatures: Balcony
  • Foundation Details: Concrete Perimeter
  • Roof: Other
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Garage Door Opener, Heated Garage, Yes, Garage Owned, Attached, Garage
  • ParkingTotal: 2

Utilities

  • Sewer: Other
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Main Level, Washer Hookup
  • Water Source: Other

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 2400
  • Association Amenities: Bike Room/Bike Trails, Door Person, Elevator(s), Exercise Room, Storage, On Site Manager/Engineer, Sundeck, Receiving Room
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Draper & Kramer
  • Management Contact Name: Diane Smith
  • Management Phone: 312-654-1766

Fee Information

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

Lot Info

  • Additional Parcels: Yes
  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 25

Tax Info

  • Tax Annual Amount: 22470
  • Tax Year: 2023
  • Tax Exemptions: Other

Multi Family

  • Units in Building: 124

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $21,289 $90,928 $5,113 $85,815
2023 $20,753 $100,901 $4,124 $96,777
2022 $20,753 $100,901 $4,124 $96,777
2021 $20,290 $100,900 $4,124 $96,776
2020 $20,061 $90,051 $3,180 $86,871
2019 $19,643 $97,767 $3,180 $94,587
2018 $19,312 $97,767 $3,180 $94,587
2017 $17,266 $80,208 $2,709 $77,499
2016 $16,065 $80,208 $2,709 $77,499
2015 $14,698 $80,208 $2,709 $77,499
2014 $14,043 $75,687 $2,120 $73,567
2013 $13,766 $75,687 $2,120 $73,567
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/12/2025 11/12/25 Price Changed $1,150,000 -8.0% $500 / Sq Ft
11/11/2025 11/11/25 For Sale $1,250,000 0.0% $543 / Sq Ft
11/07/2025 11/07/25 For Rent $12,000 +84.6% --
09/29/2021 09/29/21 Rented -- -- --
07/25/2021 07/25/21 For Rent $6,500 +4.8% --
12/18/2017 12/18/17 Rented $6,200 0.0% --
12/14/2017 12/14/17 Under Contract -- -- --
10/20/2017 10/20/17 For Rent $6,200 +12.7% --
11/15/2016 11/15/16 Rented $5,500 -8.3% --
11/05/2016 11/05/16 For Rent $6,000 -- --
Source: Midwest Real Estate Data (MRED)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,058,500 Nnnt
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $864,800 Unknown
Closed $108,100 No Value Available
Source: Public Records

Source: Midwest Real Estate Data (MRED)

MLS Number: 12515116

Midwest Real Estate Data (MRED)

APN: 17-09-227-033-1123