$2,450,000

Estimated payment $17,013/month

3 Beds
3 Baths
2,600 Sq Ft
$942 Price per Sq Ft

Highlights

  • Doorman
  • 5-minute walk to Chicago Avenue Station (Red Line)
  • Home Theater
  • Water Views
  • Fitness Center
  • 1-minute walk to Connors Park

About This Home

Introducing an extraordinary, rarely offered penthouse at 111 E Chestnut Street, PH-AB-an expansive top-floor residence spanning 2,600 square feet of meticulously designed living space, perfectly positioned in the heart of Chicago's Gold Coast. Defined by 31 floor-to-ceiling windows and featuring the tallest ceiling heights in the building, the residence captures unobstructed panoramic views to the west, north, and east. From sunrise over Lake Michigan to dramatic sunset cityscapes, the home is filled with natural light and breathtaking perspectives throughout the day. The property has undergone a complete, no-expense-spared gut renovation, taking more than 18 months to thoughtfully design and execute in collaboration with a renowned designer. The result is a residence that blends modern technology with timeless European design influences. The interiors begin with Legno Studio white oak chevron flooring, leading into a dramatic living space designed to evoke the feel of a Parisian salon, anchored by custom millwork, antique mirror accents, and a custom marble fireplace imported from Paris. Designer lighting fixtures, including Arteriors installations, highlight the architectural details throughout the home. At the heart of the residence is a stunning chef's kitchen featuring custom white oak cabinetry by Guilded Design, a sculptural island with reeded detailing, and Calacatta Michelangelo marble slabs. The kitchen is fully equipped with a professional appliance suite including Sub-Zero, Wolf, and Miele appliances, such as a Miele built-in coffee system, steam oven, refrigeration, and induction cooking, designed for both everyday living and elevated entertaining. Marble appears throughout the home in remarkable ways from the patterned marble mosaic entryway to the spa-inspired primary bath clad in Calacatta Gold marble slabs, complete with heated floors, steam shower, soaking tub, Dornbracht fixtures, dual vanity and intelligent Kohler systems that elevate the everyday experience into something truly luxurious. A striking glass-enclosed wine room framed in iron provides a dramatic focal point while offering collector-level storage. One of the home's most distinctive architectural moments is the arched entry door leading into the private theater lounge. Inspired by historic arches found in Alexandria, Egypt that traditionally served as entrances to loggias, it creates a sense of passage into a completely different atmosphere. Inside, the theater, features a speakeasy-inspired lounge with a custom bar and immersive cinematic experience. The entertainment experience is powered by a reference-level sound system featuring Bowers & Wilkins speakers, REL subwoofers, and professional amplification paired with Sony OLED displays, delivering exceptional audio and visual performance. The residence is also fully integrated with a whole-home Savant smart system, allowing seamless control of lighting, audio, climate, entertainment, and shading directly from your phone or tablet. Custom lighting scenes transform the home from daytime living to evening entertaining or full cinema mode. Additional bespoke elements include custom walk-in closets with sweeping city views, built-in cabinetry throughout the residence, designer lighting installations, integrated garment care systems, and thoughtfully designed storage spaces that maintain the home's clean architectural lines. The current floor plan is configured as a spacious 3-bedroom residence with 3 full bathrooms, that can easily be converted to a 4th bedroom if desired, offering flexibility for future owners. The offering includes a prime second-floor parking space, along with the option to acquire an additional tandem space (for two cars). The residence is presented at $2,450,000, reflecting over $1.4M invested in its complete transformation. A complete list of renovations, finishes, floor plan and design details can be provided. This is truly a rare and one-of-a-kind penthouse.

Listing Agent

Vilgert Vincenzo Kostaqi

Coldwell Banker Realty License #475208703 Listed on: 03/23/2026

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $21,405

Year Built

  • Built in 1972 | Remodeled in 2025

Lot Details

  • End Unit
  • Additional Parcels

HOA Fees

  • $2,341 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Parking Available
  • Parking Included in Price
  • Deeded Parking

Home Design

  • Entry on the 57th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,600 Sq Ft Home
  • Wet Bar
  • Built-In Features
  • Historic or Period Millwork
  • High Ceiling
  • Entrance Foyer
  • Family Room
  • Living Room
  • Formal Dining Room
  • Home Theater
  • Storage

Kitchen

  • Range
  • Microwave
  • High End Refrigerator
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Radiant Floor
  • Marble

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Bidet
  • Dual Sinks
  • Whirlpool Bathtub
  • Steam Shower
  • Shower Body Spray
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating Available
  • Lake Michigan Water

Community Details

Overview

  • Association fees include water, parking, insurance, doorman, tv/cable, clubhouse, exercise facilities, exterior maintenance, lawn care, scavenger
  • 444 Units
  • Julie Association, Phone Number (312) 649-9600
  • Property managed by Sudler
  • 57-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Sundeck
  • Building Patio
  • Sauna
  • Business Center
  • Party Room
  • Coin Laundry
  • Elevator
  • Service Elevator
  • Package Room

Recreation

  • Bike Trail

Pet Policy

  • Pets up to 30 lbs
  • Limit on the number of pets
  • Pet Size Limit
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$21,405

Year Built

Built in 1972 | Remodeled in 2025

Lot Details

0 Sq Ft Lot

HOA Fees

$2,341 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • EntryLevel: 57
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 1972
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2025
  • Actual Status: New
  • SomePhotosVirtuallyStaged: No
  • MRD_WaterViewYN: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 57
  • Year Renovated: 2025

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, High End Refrigerator, Washer, Dryer, Disposal
  • Basement: None
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Flooring: Hardwood
  • Interior Amenities: Wet Bar, Theatre Room, Storage, Built-in Features, Walk-In Closet(s), High Ceilings, Special Millwork
  • LivingArea: 2600
  • Room Type: Foyer
  • Stories Total: 57
  • Estimated Total Finished Sq Ft: 0
  • Bathroom Amenities: Whirlpool,Separate Shower,Steam Shower,Double Sink,Bidet,Full Body Spray Shower,Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Flooring: Carpet

Exterior Features

  • Common Walls: End Unit
  • Construction Materials: Concrete
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Yes, Deeded, Attached, Garage
  • ParkingTotal: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: Wall Unit(s)
  • Heating: Electric, Radiant Floor
  • Laundry Features: Washer Hookup
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit, Size Limit
  • Association Fee: 2341
  • Association Amenities: Bike Room/Bike Trails, Door Person, Coin Laundry, Elevator(s), Exercise Room, Storage, On Site Manager/Engineer, Party Room, Sundeck, Pool, Receiving Room, Sauna, Service Elevator(s), Valet/Cleaner, Business Center, Laundry, Patio
  • Association Fee Frequency: Monthly
  • Management: Manager On-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Sudler
  • Management Contact Name: Julie
  • Management Phone: 312-649-9600

Fee Information

  • Association Fee Includes: Water, Parking, Insurance, Doorman, TV/Cable, Clubhouse, Exercise Facilities, Exterior Maintenance, Lawn Care, Scavenger

Lot Info

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

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 30

Tax Info

  • Tax Annual Amount: 21405.26
  • Tax Year: 2024
  • Tax Exemptions: None

Multi Family

  • Units in Building: 444

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/23/2026 03/23/26 For Sale $2,450,000 -- $942 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $850,000 Proper Title
Deed $1,283,000 Chicago Title Land Trust Com
Warranty Deed $965,000 Multiple
Interfamily Deed Transfer -- None Available
Warranty Deed $780,000 --
Trustee Deed $166,500 --
Trustee Deed $365,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $680,000 New Conventional
Previous Owner $166,050 No Value Available
Source: Public Records

Source: Midwest Real Estate Data (MRED)

MLS Number: 12599950

Midwest Real Estate Data (MRED)

APN: 17-03-225-078-1436

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