2 months on rocket

340 E Randolph St Unit 506, Chicago, IL, 60601

$519,000

Home List Price

$6,163*

Closing Credit

1 Bedroom
1 Full Bath, 1 Partial
1,244 SqFt
$417/SqFt
Condo

Location

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340 E Randolph St Unit 506, Chicago$519,000

Buyer Closing Credits

$6,163*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Attached Garage1 space
Year Built2007
HeatingElectric, Baseboard, Other, Zoned
CoolingCentral Air, Zoned
WaterfrontWaterfront
MLS #12143991
StatusActive

About 340 E Randolph St Unit 506

One of the most sought-after addresses in Chicago, 340 On the Park offers a 1,244 sq. ft. expansive one-bedroom floor plan with separate living and dining spaces, floor-to-ceiling windows, and stunning views of the modern city skyline and Lakeshore East Park. The kitchen boasts a generous Quartz island, stainless steel appliances, a vented hood, and ample cabinet space. The spacious bedroom suite features a bathroom with a separate tub and shower, double vanities, and a sizable walk-in closet. This full-amenity building includes 24-hour door staff, dry cleaners, pet-friendly amenities, a private entrance to Mariano's, Pedway access, a 75' indoor lap pool, sun terrace, two gas grills, private conference/dining room, a full caterer's kitchen, a beautifully renovated Winter Garden, a 4,000 sq. ft. gym, and a convenient guest parking program. Parking is available for an additional $50k.

Property Details

Property Features

Property Information:

  • Year Built: 2007
  • Stories: 62
  • Living Area: 1,244 SqFt

Listing Office:

  • Office Name: Corcoran Urban Real Estate
  • Office Phone: (312) 528-9200
  • Listing Agent: Bo Xu

Interior Features

Interior Information:

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: No
  • Interior: Hardwood Floors, Laundry Hook-Up in Unit, Storage

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Waterfront: Waterfront
  • Exterior: Storms/Screens, End Unit, Cable Access

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes

Lot Features

Lot Information:

  • Lot: Landscaped, Near Park, Views

Utilities

Utilities Information:

  • Heating: Electric, Baseboard, Other, Zoned
  • Cooling: Central Air, Zoned

Other

Directions Information:

  • Directions: EAST ON RANDOLPH FROM MICHIGAN AVENUE -- 15 MIN PARKING IN FRONT OF BUILDING.

Price Information

Listing Price Info

Price Summary:

  • List Price: $519,000
  • Price Per SqFt: $417/SqFt

HOA Fees:

  • Amount: $845
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $12,951
  • Tax Year: 2019
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Housing Market Comparison

See how this home compares to others in Chicago, IL.

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Chicago, IL

City

Med. Sold Price

$360.3K

Med. Price/SqFt

$259

Avg. Days On Market

32

# of Sold Homes

1796

340 E Randolph St Unit 506 vs Chicago

78 DAYS ON ROCKET

+46 Days

$519,000

+$158.6K More

$417/SqFt

+$157 More

KEY TAKEAWAY

This property is $158.6K more than the Median Sold Price and $157/SqFt more than other homes in Chicago, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MRED
  • MLS Number: #12143991

Listing Office:

  • Office Name: Corcoran Urban Real Estate
  • Office Phone: (312) 528-9200
  • Listing Agent: Bo Xu

IDX Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than the broker/agent who owns the website are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers.

All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

Some properties which appear for sale on this website may subsequently have sold and may no longer be available. Information Deemed Reliable but Not Guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/14/2024, 5:15:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 31, 2016Home Sold
$544,000

Tax History

YEARPROP. TAXASSESSMENT
2019$12,951$64,462
2018$12,733$64,462
2017$11,047$51,319

History based on county public records data.

Payment Calculator

$3,503

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,622

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-206170
9
/10

  • Skinner Elementary School

  • 111 S Throop St

  • 2.08 miles

  • Public District Grades PK-5

school-card-donut-206171
3
/10

  • Hope Learning Academy

  • 1628 W Washington Blvd

  • 2.54 miles

  • Public District Grades KG-5

school-card-donut-206172
4
/10

  • Cooper Elementary Academy

  • 1624 W 19th St

  • 3.20 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $73,836. Typical income of Chicago, IL residents is between $35k-100k annually. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 340 E Randolph St Unit 506

What is the listing price of this property?

The listing price of 340 E Randolph St Unit 506 property is $519,000.

What type of property is this?

The property 340 E Randolph St Unit 506 is a condo located in Chicago, Illinois, 60601.

Is this property for sale now?

Active Listing: 340 E Randolph St Unit 506 is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2019 is $12,951 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on May 31, 2016 for $544,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 340 E Randolph St Unit 506 has 1 bedroom and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 340 E Randolph St Unit 506 is 1,244 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 340 E Randolph St Unit 506 is 2007.

Rocket Homes›Illinois›Cook County›Chicago›60601›340 E Randolph St Unit 506

This home is located at 340 E Randolph St Unit 506 in Chicago, IL and zip code 60601 in the Lakeshore East / New Eastside neighborhood. This 1,244 square foot home was built in 2007. Features: 1 bedroom, 2 bathrooms. It has been listed on Rocket Homes since August 28, 2024 and is currently priced at $519,000.

Over 539 listings were sold over their listed price in October 2024 in Chicago, IL. In the same period over 919 listings were sold below the listed price and 337 listings were sold for the listed price. The inventory of homes for sale in Chicago, IL between September 2024 and October 2024 increased by 14.5%. Listings spent 32 days on the market in October 2024, and had a median list price of $360,336 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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