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200 East Pearson Street

200 East Pearson Street, Chicago, IL 60611
Property in Gold Coast
200 East Pearson Street has been categorized by the local assessors in Chicago, IL as a commercial type of property. The building on the property was first built in 1929 and is 95 years old. The building has a total of 17 stories. The area measurement of the land has been determined as 22,002 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. The property was last sold in Jun 16, 2023 for $55,000,000. That's $259.43 per sqft. Prior to that sales transaction, the property was also sold in Dec 18, 2014 for $74,875,000. 200 East Pearson Street was last assessed in 2023. The total value of the property was assessed at $3,790,457. Specifically, the land the property is located on was valued at $660,060. While improvements on the property were assessed at a total of $3,130,397. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $779,630. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Parking

Garage Parking

Exterior

Brick Exterior
Stone Exterior
This property description is generated based on publicly available data.

6 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20230221 Unit 3E
02/21/2023
3E
3 Bed
2.5 Bath
2125 ft²
$825,000
bedrooms
3 Bed
bathrooms
2.5 Bath
square feet
2125 ft²
-
-
-
Carol Collins
Jameson Sotheby's Int'l Realty
20210614 Unit 4W
06/14/2021
4W
3 Bed
3 Bath
2185 ft²
$799,900
bedrooms
3 Bed
bathrooms
3 Bath
square feet
2185 ft²
-
-
-
Carol Collins
Jameson Sotheby's Int'l Realty
20210510 Unit 4E
05/10/2021
4E
3 Bed
3 Bath
2177 ft²
$600,000
bedrooms
3 Bed
bathrooms
3 Bath
square feet
2177 ft²
-
-
-
-
20210111 Unit 2W
01/11/2021
2W
3 Bed
3 Bath
2100 ft²
$799,900
bedrooms
3 Bed
bathrooms
3 Bath
square feet
2100 ft²
-
-
-
-
20191203
12/03/2019
3 Bed
3 Bath
2177 ft²
$675,000
bedrooms
3 Bed
bathrooms
3 Bath
square feet
2177 ft²
-
-
-
Jennifer Ames
Engel & Völkers Chicago
20181015 Unit 4E
10/15/2018
4E
3 Bed
3 Bath
2177 ft²
$750,000
bedrooms
3 Bed
bathrooms
3 Bath
square feet
2177 ft²
-
-
-
-

Building Info

Overview

    General

  • Year Built: 1929
  • Effective Year Built: 1929
  • Building Count: 1
  • Bedroom Count: 0
  • Building Style: Unknown
  • Floor Count: 17
  • Living Units: 202
  • Business/Commerical Units Count: 6
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 22,002
  • Total Building Area: 212,000
  • Building Area: 212,000
  • Building Area Measurement: Building Perimeter

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Subdivision: LAKE SHORE DRIVE ADD TO CHICAGO
  • Land Acres: 0.505
  • Standard Land Use Code: Commercial (general)
  • Legal Description 1: (LAKE)(SHORE) DRIVE ADD TO (CHICAGO) A SUB OF PT BLKS 14&20 IN CANAL TRUSTEES SUB OF S FRCL 1/4 SEC 03-39-14

Ownership

  • Current Owner : VA8 SENECA LLC
  • Previous Owner : SENECA STRATEGIC VENTURE LLC
  • Owner Before Previous Owner: WRPV XI SENECA CHICAGO LLC
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 081300

Zoning

  • Zoning: DR-7

Geography

  • Assessors Map Reference: 02S-9-01
  • District: 74
  • Parcel: 17-03-221-005-0000
  • Block: 14,20
  • Lot: 29,30
  • Meridian: SEC 03 TWN 39N RNG 14E
  • Municipality: NORTH CHICAGO
  • Latitude: 41.8987
  • Longitude: -87.6214

    Address

  • Full Address: 200 E Chestnut St
  • Address - House Number: 200
  • Street Direction: E
  • Address - Street Name: Chestnut
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C040
  • 4-Digit Zip Code: 2300
  • Zip Code: 60611

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $779,630
  • Tax Rate Code Area: 74002

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $38,500,000
  • First Open Lien Mortgage Lender: COMMERCIAL MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Jun 16, 2023
  • First Open Lien Mortgage Loan Amount: $38,500,000
  • First Open Lien Mortgage Term: 60
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2028

    Market Valuation

  • Market Total Value: $37,904,570
  • Market Land Value: $6,600,600
  • Market Improvement Value: $31,303,970

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,790,457
  • Assessed Land Value: $660,060
  • Assessed Improvements Value: $3,130,397

    Sales

  • Current Sale Contract Date: Jun 16, 2023
  • Current Sale Recording Date: Jun 16, 2023
  • Current Sale Transaction ID: 11908128549
  • Current Sale Price: $55,000,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 45085
  • Previous Sale Recording Date: Dec 22, 2014
  • Previous Sale Contract Date: Dec 18, 2014
  • Previous Sale Amount: $74,875,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: COMMERCIAL MORTGAGE LLC
  • First Mortgage Transaction Date: Jun 16, 2023
  • First Mortgage Loan Amount: $38,500,000
  • First Mortgage Terms: 60
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2028

    Previous Mortgages

  • Previous Mortgage Lender: NEW YORK LIFE INSURANCE COMPAN
  • Previous Mortgage Transaction Date: Dec 22, 2014
  • Previous Mortgage Loan Amount: $46,000,000
  • Previous Mortgage Term: 60
  • Previous Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • Previous Mortgage Loan Due Date: Jan 01, 2020

About Central Chicago



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Frequently Asked Questions

What neighborhood is 200 East Pearson Street located in?
The 200 East Pearson Street is a other located in the neighborhood of Gold Coast in Central Chicago, Chicago.
What is the average sales price for listings in 200 East Pearson Street?
The average sales price for units in 200 East Pearson Street is $0 currently.

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