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340 E Randolph St Unit 1506
Condo
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$585,000

$470/sqft

340 E Randolph St Unit 1506, Chicago

50% below median
1 bd·2 ba·1,244 sqft
Built 2007The Loop

340 E Randolph St Unit 1506, Chicago, IL

1 bd · 2 ba · 1,244 sqft Condo listed at $585,000, built in 2007 in the The Loop neighborhood.

About this home

340 ON THE PARK! THE JEWEL IN THE CROWN OF LAKE SHORE EAST! 340 DELIVERS A MUSCULAR URBAN SCALE THAT STANDS UP TO ITS NEIGHBORS AND COMMANDS PRIDE OF PLACE AT THE NORTH END OF MILLENIUM PARK. ALL OF CHICAGO'S ICONIC DESTINATIONS ARE AT YOUR DOORSTEP: THE ANISH KAPOOR BEAN, THE FRANK GEHRY BANDSHELL, LAKE MICHIGAN, MONROE HARBOR, BUCKINGHAM FOUNTAIN. UNIT #1506 IS PRISTINE! THIS DELUXE ONE BED/1.5 BA IS LOCATED IN THE NW CORNER OF THE BUILDING WITH 2 WALLS OF WINDOWS. NEWER OAK HARDWOOD FLOORING, NEW GAS RANGE, NEW W/D, HIGHLY UPGRADED BATHROOM, NEW CARPET/PAINT SET THIS UNIT APART FROM THE STANDARD BUILD OUT. A UNIQUE DESIGN FEATURE OF A CUSTOM GRASSCLOTH COVERED WALL UNIFIES THE PUBLIC SPACE. THE OPEN KITCHEN W/ LARGE ISLAND ENCOURAGES CONVERSATION WHILE DOING MEAL PREP AND ENTERTAINING. THE PRIMARY BEDROOM, GUEST CLOSET AND POWDER ROOM ARE TUCKED AWAY FROM MAIN LIVING AREA. THE EN SUITE CARPETED PRIMARY BEDROOM IS GENEROUS FOR FURNISHINGS AND STORAGE. WINDOW TREATMENTS THROUGHOUT COMPLETE THIS HOME. 340 OFFERS A FULL AMENITY FLOOR ON 25 THAT INCLUDES: 2 STORY WINTER GARDEN WITH SOUTH FACING TERRACE, CLUB ROOM, CATERING KITCHEN, EXPANSIVE FITNESS CENTER W/ STATE OF THE ART EQUIPMENTS, NEWLY RENOVATED LOCKER ROOMS WITH SAUNA, STEAM, SHOWERS THAT LEAD TO THE 75' INDOOR LAP POOL. NO NEED TO JOIN A CLUB! SUPERIOR BUILDING STAFF WITH 24/7 DOOR STAFF, ON SITE MANAGER & ENGINEER. ATTENTION TO DETAIL IS PARAMOUNT TO THE PHILOSOPHY OF THE 340 LIFESTYLE! PARKING SPACE #P4-62 AND STORAGE LOCKER SP5-17 ARE INCLUDED IN PRICE.

Property details

Price
$585,000
Bedrooms
1
Bathrooms
2
Interior
1,244 sqft
Price / sqft
$470
Year built
2007
Type
Condo
Days on market
193
Est. property tax
$12,168/yr · $1,014/mo · 2.08% IL avg
HOA
$900/mo
Last sold
$607,500 · Jul 2016

Estimated monthly payment

Down payment20% ($117,000)
Interest rate6.75%
Principal & Interest$3,035
Property Tax$536
Insurance$150
Total$3,722/mo

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Price history

$687K$314K$-59K$455K on May 11 (Sold)$595K on Feb 16 (Initial list)$608K on Jul 16 (Sold)$3K on Mar 22 (Price change)$3K on Feb 24 (Price change)$3K on Feb 24 (Price change)$3K on Mar 24 (Price change)$625K on Aug 25 (Initial list)$585K on Oct 25 (Initial list)
$455K · May 11$585K · Oct 25
  1. Oct 14, 2025$585,000Initial list price
  2. Aug 4, 2025$625,000Initial list price
  3. Mar 15, 2024$3,400Price change
  4. Feb 28, 2024$3,400Price change
  5. Feb 27, 2024$3,400Price change
  6. Mar 29, 2022$3,100Price change
  7. Jul 15, 2016$607,500Sold
  8. Feb 5, 2016$595,000Initial list price
  9. May 24, 2011$455,000Sold

Location

This home is located in Chicago, IL. Browse more Chicago listings on the Chicago market page or explore the full Chicago market report.

About Chicago: Chicago is the most populous city in the U.S. state of Illinois and in the Midwestern United States. Located on the western shore of Lake Michigan, it is the third-most populous city in the United States, with a population of 2.74 million at the 2020 census. The Chicago metropolitan area has 9.41 million residents and is the third-largest metropolitan area in the country. Chicago is the seat of Cook County, the second-most populous county in the U.S. (source: Wikipedia)

Climate: Average year-round temperature is 51°F with 211 dry days per year and 39.9 inches of annual rainfall.

Home Intelligence

Neighborhood (zip 60601)

This neighborhood skews young (median age 31.8) and is primarily renter-occupied (31% owner-occupied). 39% hold a bachelor's degree; median household income is $121,294.

Median income
$121,294
Median age
31.8
Owner-occupied
30.5%
Bachelor's degree
39.3%
Census median home value
$556,900

Source: US Census Bureau American Community Survey 5-year estimates.

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