NOT LISTED FOR SALE

The Residences at the Ritz-Carlton 118 E Erie St Unit 15C Chicago, IL 60611

Magnificent Mile Neighborhood

Estimated Value: $945,000 - $1,156,000

2 Beds
3 Baths
1,912 Sq Ft
0.28 Acres Lot

Sale Details

Date Sold: January 30, 2017

Last sale price $1,230,000 $643 Per Sq Ft

Est. 15% decrease in value since last sale

Current estimated payment $9,238 / mo

118 Days on Market

Highlights

  • Wood Flooring
  • Balcony
  • Storage
  • Corner Lot
  • Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of January 2017

The Ritz-Carlton Residences offer stunning one, two, three bedroom & penthouse residences in the heart of the Magnificent Mile. This gracious northeast corner 2bed/2.1bath home a large DeGiulio chef's kitchen with custom SieMatic cabinetry, stone countertops and Wolf, Sub Zero and Miele appliances. Spacious, spa inspired baths feature Kallista plumbing fixtures, marble countertops & porcelain floors. Detailed archways, wide plank hardwood floors, and baseboards create the feeling of an opulent home, while a gracious inset balcony overlooking Michigan Avenue provide stunning vistas of the lake & city. Enjoy five star Ritz amenities including the Landmark Club with a Gary Lee designed salon, private conference/dining facilities, daily beverage service, fitness center, steam room, billiards lounge, spa treatment & relaxation rooms & screening room. The ultimate lifestyle awaits; services include concierge, butler, wine storage and in home dining. Valet parking available.

Last Agent to Sell the Property

Mary Beth Malone

@properties Christie's International Real Estate License #475164357 Listed on: 09/15/2016

@properties Christie's International Real Estate

Last Buyer's Agent

Kathleen Malone

Compass License #475127840

Compass

Property Details

Home Type

  • Condominium

Lot Details

  • 0.28

HOA Fees

  • $1,814 per month

Parking

  • Attached Garage

Home Design

  • Slab Foundation
  • Rubber Roof
  • Concrete Siding

Interior Spaces

  • Storage
  • Wood Flooring

Kitchen

  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Separate Shower

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Hot Water Heating System
  • Lake Michigan Water

Additional Features

  • North or South Exposure
  • East or West Exposure

Community Details

  • Pets Allowed

Property Details

Home Type

Condominium

Lot Details

0.28 Acres

HOA Fees

$1,814 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • Unit Floor Level: 15
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 2.1
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 40

Interior Features

  • Interior Property Features: Hardwood Floors, Laundry Hook-Up in Unit, Storage
  • Number Of Rooms: 5
  • Living Room: Dimensions: 25X19, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Freezer, Washer, Dryer, Disposal
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Separate Shower, Double Sink
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: 14X17, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 15X12, On Level: Main Level, Flooring: Hardwood
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 17X12, On Level: Main Level, Flooring: Carpet
  • Bedroom 2: Dimensions: 12X12, On Level: Main Level, Flooring: Carpet
  • Estimated Sq Ft: 1912
  • Dining Room Type: Separate

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Concrete
  • Roof Type: Rubber
  • Exterior Property Features: Balcony
  • Exposure: N (North), E (East)

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Deeded Garage Cost: 75000
  • Garage Ownership: Deeded Sold Separately

Utilities

  • Electricity: Circuit Breakers, 200+ Amp Service
  • Air Conditioner: Central Air
  • Water: Lake Michigan, Public
  • Sewer: Sewer-Public
  • Heating Fuel: Forced Air, Hot Water/Steam

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager On-site
  • Pet Information: Cats OK, Dogs OK
  • Common Area Amenities: Door Person, Elevator, Storage, On Site Manager/Engineer, Party Room, Receiving Room, Service Elevator, Steam Room, Valet/Cleaner
  • Assessment Includes: Heat, Air Conditioning, Water, Common Insurance, Doorman, TV/Cable, Exercise Facilities, Exterior Maintenance, Scavenger, Snow Removal
  • Assessment Association Fees: 1814
  • Management Contact Name: Nathalie Rader
  • Management Phone: 312-846-7022

Fee Information

  • Management Company: The Ritz-Carlton Residences

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON
  • Lot Description: Corner
  • Parcel Identification Number: 17101090161002

Multi Family

  • Total Number Unitsin Building: 89
  • Number Stories: 40

Tax Info

  • Taxes: NEW

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
01/30/2017 01/30/17 Sold $1,230,000 -1.6% $643 / Sq Ft
01/11/2017 01/11/17 Pending -- -- --
09/15/2016 09/15/16 For Sale $1,250,000 -- $654 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $21,114 $102,082 $2,320 $99,762
2024 $21,114 $102,082 $2,320 $99,762
2023 $20,561 $103,389 $1,871 $101,518
2022 $20,561 $103,389 $1,871 $101,518
2021 $21,501 $110,251 $1,870 $108,381
2020 $26,401 $118,512 $1,318 $117,194
2019 $23,811 $118,512 $1,318 $117,194
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2017

    Mary Beth Malone

    @ Properties

    Section Image
  • Kathleen Malone

    Buyer's Agent in 2017

    Kathleen Malone

    Compass

    (773) 600-1551

    10 in this area

    189 Total Sales

    Kathleen Malone
    Section Image
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About The Residences at the Ritz-Carlton

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09343069

Midwest Real Estate Data (MRED)

APN: 17-10-109-024-1026

Illinois Cook County Chicago 60611 Magnificent Mile

118 E Erie St Unit 15C, Chicago, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) 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. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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