Seller's Agent in 2025
Mary Egebrecht
Jameson Sotheby's Intl Realty
(847) 693-0118
1 in this area
38 Total Sales
The Residences at the Ritz-Carlton 118 E Erie St Unit 27E Chicago, IL 60611
Magnificent Mile Neighborhood
2
Beds
2.5
Baths
2,461
Sq Ft
$4,304/mo
HOA Fee
Highlights
- Doorman
- Wood Flooring
- Corner Lot
- Steam Room
- End Unit
- Party Room
About This Home
As of April 2025Absolutely Stunning Professionally decorated spacious 2400 sqft 2 bedroom, 2.1 bath home at the Ritz Carlton Residences is truly amazing with every detail in Exquisite taste! This Special offering was redesigned with luxurious finishes and has Fabulous Views with 3 Exposures and sweeping vistas of the Chicago skyline and cityscape! Offered Fully Furnished by Restoration Hardware, this is just exceptional with all of the designer details on point and shows right out of a catalog! A gracious foyer greets you with designer wall paper, custom paint, RH lighting and arched doorways leading to a unit with ideal floor plan and perfection! Huge Living room and formal dining room area feature rich wide plank wood floors, Restoration Hardware lighting, built in wet bar and State of the art TV and sound system. Gorgeous Large corner Eat-in DeGiulio chef's kitchen has 2 walls of windows perfect for morning coffee with a lovely balcony and features SieMatic cabinetry, Island with new quartz countertops with waterfall edge and integrated Wolf, Sub Zero & Miele appliances. King sized master suite has beautiful bath with separate tub and walk in shower plus Large Walk in closet. Luxurious spa inspired baths feature Kallista plumbing fixtures, stone countertops & porcelain floors with RH lighting. Incredible Details include Signature archways, tall ceilings, Tricked out Sound system, Motorized Solar shade window treatment throughout, professionally outfitted organized closets & 2 Large Terraces. 5 STAR White Glove Ritz Service Beyond compare offers Gary Lee designed Lobbies, private conference/dining, daily beverage service, terrace, fitness center, billiards lounge, spa/relaxation rooms & screening room. The ultimate lifestyle awaits; concierge, butler, wine storage and in home dining. For the particular who wants it this is the one. Fully furnished option is negotiable. Deeded Parking $35,000. This is a lifestyle like no other with this level of service offered and location to everything out your door.
Last Agent to Sell the Property
Jameson Sotheby's Intl Realty License #475162278 Listed on: 02/25/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $31,163
Year Built
- Built in 2012
HOA Fees
- $4,304 Monthly HOA Fees
Parking
- 1 Car Garage
Home Design
- Entry on the 27th floor
- Rubber Roof
- Concrete Perimeter Foundation
Interior Spaces
- 2,461 Sq Ft Home
- Wet Bar
- Entrance Foyer
- Family Room
- Combination Dining and Living Room
- Storage
Kitchen
- Range
- Microwave
- High End Refrigerator
- Freezer
- Dishwasher
- Stainless Steel Appliances
- Disposal
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- Walk-In Closet
- Dual Sinks
- Soaking Tub
- Separate Shower
Laundry
- Laundry Room
- Dryer
- Washer
Schools
- Ogden International Elementary School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Steam
- 200+ Amp Service
- Lake Michigan Water
- Cable TV Available
Additional Features
- End Unit
Listing and Financial Details
- Homeowner Tax Exemptions
Community Details
Overview
- Association fees include heat, air conditioning, water, gas, insurance, doorman, tv/cable, clubhouse, exercise facilities, exterior maintenance, scavenger, snow removal, internet
- 89 Units
- Micah Hine Association, Phone Number (312) 846-7016
- Property managed by Ritz Carlton
- 40-Story Property
Amenities
- Doorman
- Valet Parking
- Steam Room
- Party Room
- Elevator
- Service Elevator
- Package Room
- Community Storage Space
Pet Policy
- Dogs and Cats Allowed
Security
- Resident Manager or Management On Site
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 25, 2025
Closed on
Mar 24, 2025
Sold by
Jurgielewicz Michael V
Bought by
Heewon B Cerk Revocable Trust and Cerk
Seller's Agent
Mary Egebrecht
Jameson Sotheby's Intl Realty
Buyer's Agent
Shanley Henry
Compass
List Price
$1,599,000
Sold Price
$1,400,000
Premium/Discount to List
-$199,000
-12.45%
Views
15
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,545
Avg. Annual Appreciation
-0.80%
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,400,000 | Proper Title |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/07/2025 04/07/25 | Sold | $1,400,000 | -12.4% | $569 / Sq Ft | |
| 03/01/2025 03/01/25 | Pending | -- | -- | -- | |
| 02/25/2025 02/25/25 | For Sale | $1,599,000 | 0.0% | $650 / Sq Ft | |
| 08/23/2023 08/23/23 | Rented | $10,500 | 0.0% | -- | |
| 08/17/2023 08/17/23 | For Rent | $10,500 | -11.8% | -- | |
| 01/23/2023 01/23/23 | Rented | $11,900 | 0.0% | -- | |
| 07/20/2022 07/20/22 | For Rent | $11,900 | +13.3% | -- | |
| 06/15/2020 06/15/20 | Rented | $10,500 | -8.7% | -- | |
| 04/05/2020 04/05/20 | Under Contract | -- | -- | -- | |
| 02/27/2020 02/27/20 | For Rent | $11,500 | 0.0% | -- | |
| 05/23/2018 05/23/18 | Sold | $1,975,000 | -1.3% | $803 / Sq Ft | View Prior Sale |
| 04/09/2018 04/09/18 | Pending | -- | -- | -- | |
| 11/16/2017 11/16/17 | For Sale | $2,000,000 | -- | $813 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $31,163 | $149,109 | $3,388 | $145,721 |
| 2024 | $31,163 | $149,109 | $3,388 | $145,721 |
| 2023 | $30,358 | $151,017 | $2,733 | $148,284 |
| 2022 | $30,358 | $151,017 | $2,733 | $148,284 |
| 2021 | $31,714 | $161,041 | $2,732 | $158,309 |
| 2020 | $38,563 | $173,107 | $1,925 | $171,182 |
| 2019 | $34,779 | $173,107 | $1,925 | $171,182 |
Source: Public Records
Agents Affiliated with this Home
-
Mary Egebrecht
-
Jennifer Mills
Seller Co-Listing Agent in 2025
Jennifer Mills
Jameson Sotheby's Intl Realty
(773) 914-4422
3 in this area
251 Total Sales
-
Shanley Henry
Buyer's Agent in 2025
Shanley Henry
Compass
(518) 669-3180
1 in this area
58 Total Sales
-
Mike Larson
Buyer's Agent in 2023
Mike Larson
Jameson Sotheby's Intl Realty
(847) 754-7550
6 in this area
46 Total Sales
-
M
Seller's Agent in 2018
Mary Beth Malone
@ Properties
About The Residences at the Ritz-Carlton
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12298065
APN: 17-10-109-024-1061
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