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360 East South Water Street

360 East South Water Street, Chicago, IL 60601
Property in Near East Side
Sold Dec 23, 2021
$84,043,000
$125,000,000 by The Northwest Mutual Life Insu
Mortgage
360 East South Water Street has been categorized by the local assessors in Chicago, IL as a residential type of property. The area measurement of the land has been determined as 44,134 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 360 East South Water Street was last sold in Dec 9, 2021 for $84,043,000. Current property owners are expected to pay $2,572,130 in taxes per year. The property on 360 East South Water Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $17,122,155. To break that down further, the land itself was valued at $993,780. While improvements to the property were assessed at a total of $16,128,375. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Bedroom Count: 0
  • Living Units: 639
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 44,134
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

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

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LAKESHORE EAST SUB
  • Land Acres: 1.013
  • Standard Land Use Code: Apartments (generic)

Ownership

  • Current Owner : WRPV XIV TIDES CHICAGO LLC
  • Previous Owner : TIDES AT LAKESHORE EAST LLC
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 320102

Zoning

  • Zoning: PD 70

Geography

  • District: 76
  • Parcel: 17-10-318-082-0000
  • Lot: 14,22
  • Municipality: SOUTH CHICAGO
  • Latitude: 41.8867
  • Longitude: -87.6183

    Address

  • Full Address: 360 E Wacker Dr
  • Address - House Number: 360
  • Street Direction: E
  • Address - Street Name: Wacker
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Chicago
  • Zip Code: 60601

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,572,130
  • Tax Rate Code Area: 76015

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $125,000,000
  • First Open Lien Mortgage Lender: THE NORTHWEST MUTUAL LIFE INSU
  • First Open Lien Mortgage Recording Date: Dec 23, 2021
  • First Open Lien Mortgage Loan Amount: $125,000,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Assumption

    Market Valuation

  • Market Total Value: $171,221,550
  • Market Land Value: $9,937,800
  • Market Improvement Value: $161,283,750

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $17,122,155
  • Assessed Land Value: $993,780
  • Assessed Improvements Value: $16,128,375

    Sales

  • Current Sale Contract Date: Dec 09, 2021
  • Current Sale Recording Date: Dec 23, 2021
  • Current Sale Transaction ID: 11875877796
  • Current Sale Price: $84,043,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 2135733076

    Last Sale Mortgage

  • First Mortgage Lender: THE NORTHWEST MUTUAL LIFE INSU
  • First Mortgage Transaction Date: Dec 23, 2021
  • First Mortgage Loan Amount: $125,000,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Assumption

About Central Chicago



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 360 East South Water Street located in?
The 360 East South Water Street is a located in the neighborhood of Near East Side in Central Chicago, Chicago.
What is the average sales price for listings in 360 East South Water Street?
The average sales price for units in 360 East South Water Street is $0 currently.

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