NOT LISTED FOR SALE

The Residences at the Ritz-Carlton 118 E Erie St Unit 31E Chicago, IL 60611

Magnificent Mile Neighborhood

Estimated Value: $1,259,000 - $1,666,954

2 Beds
3 Baths
2,461 Sq Ft
0.28 Acre Lot

Sale Details

Date Sold: October 30, 2017

Last sale price $2,075,000 $843 Per Sq Ft

Est. 28% decrease in value since last sale

Current estimated payment $11,224 / mo

36 Days on Market

Highlights

  • Wood Flooring
  • Stainless Steel Appliances
  • Attached Garage
  • Corner Lot
  • Balcony
  • Soaking Tub

About This Home

As of October 2017

The Ritz-Carlton Residences offer stunning one, two, three bedroom & PH residences in the heart of the Magnificent Mile. This spacious 2 bedroom/2.1 bath home easily converts to a 3 bedroom and offers 3 exposures w/ sweeping vistas of the skyline & river. A large DeGiulio chef's kitchen with SieMatic cabinetry, stone countertops and Wolf, Sub Zero & Miele appliances. Spacious, spa inspired baths with Kallista plumbing fixtures, marble countertops & porcelain floors. Detailed archways, tall ceilings, wide plank hardwood floors, and baseboards create the feeling of an opulent home, while two gracious balconies overlooking Michigan Avenue provide stunning views. Enjoy five star Ritz amenities including the Landmark Club with a Gary Lee designed salon, 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. Valet parking available.

Last Agent to Sell the Property

Mary Beth Malone

@properties Christie's International Real Estate License #475164357 Listed on: 09/07/2017

@properties Christie's International Real Estate

Last Buyer's Agent

Stephen Chertok

@properties Christie's International Real Estate License #475155290

@properties Christie's International Real Estate

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Condominium

Year Built

  • 2012

Lot Details

  • Southern Exposure
  • East or West Exposure

HOA Fees

  • $2,977 per month

Parking

  • Attached Garage
  • Heated Garage

Home Design

  • Slab Foundation
  • Rubber Roof
  • Concrete Siding

Interior Spaces

  • Wet Bar
  • Entrance Foyer
  • Storage
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • High End Refrigerator
  • Freezer
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Soaking Tub
  • Separate Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

Utilities

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

Community Details

  • Pets Allowed

Property Details

Home Type

Condominium

Year Built

2012

Lot Details

0.28 Acres

HOA Fees

$2,977 per month

Parking

2

Listing Details

  • Property Type: Attached Single
  • Unit Floor Level: 31
  • Age: 1-5 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 2.1
  • Estimated Year Built: 2012
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 40
  • Year Built: 2012

Interior Features

  • Interior Property Features: Bar-Wet, Hardwood Floors, Laundry Hook-Up in Unit, Storage
  • Number Of Rooms: 5
  • Living Room: Dimensions: 26X28, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, High End Refrigerator, Freezer, Washer, Dryer, Disposal, All Stainless Steel Kitchen Appliances
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Separate Shower, Double Sink, Soaking Tub
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: 15X19, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 14X18, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Eating Area-Breakfast Bar, Eating Area-Table Space, Island
  • Additional Rooms: Balcony, Foyer, Walk In Closet
  • Master Bedroom: Dimensions: 13X17, On Level: Main Level, Flooring: Carpet
  • Additional Room 1 Name: Balcony, Dimensions: 5X10, On Level: Main Level
  • Additional Room 2 Name: Foyer, Dimensions: 7X11, On Level: Main Level
  • Bedroom 2: Dimensions: 18X12, On Level: Main Level, Flooring: Carpet
  • Additional Room 3 Name: Walk in Closet, Dimensions: 8X13, On Level: Main Level
  • Estimated Sq Ft: 2461
  • Dining Room Type: Combined w/ LivRm

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Concrete
  • Roof Type: Rubber
  • Exterior Property Features: Balcony
  • Exposure: S (South), E (East), W (West)

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Heated
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • 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, Gas, Common Insurance, Doorman, TV/Cable, Exercise Facilities, Exterior Maintenance, Scavenger, Snow Removal
  • Assessment Association Fees: 2977
  • Management Contact Name: Nathalie Rader
  • Management Phone: 312-846-7016

Fee Information

  • Management Company: Ritz Carlton

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON
  • Lot Description: Corner
  • Parcel Identification Number: 17101090211072

Multi Family

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

Tax Info

  • Taxes: NEW

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
May 8, 2020
Sold by
Glass Kevin D and Glass Nicole
Bought by
Current Estimated Value
$1,486,239

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,170,000
Interest Rate
2.5%
Mortgage Type
New Conventional
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Magnificent Mile, IL

  • Robert Safranski Real Estate Agent - @properties Christie's International Real Estate

    Robert Safranski

    @properties Christie's International Real Estate

    (773) 832-5674

    61 Total Sales

    1 in Magnificent Mile

    $750,000 Price

    Robert Safranski
     Section Image
  • Michael Maier Real Estate Agent - Berkshire Hathaway HomeServices Chicago

    Michael Maier

    Berkshire Hathaway HomeServices Chicago

    (844) 909-1712

    262 Total Sales

    19 in Magnificent Mile

    $195K - $2.1M Price Range

    Michael Maier
     Section Image
  • Chester Jakala Real Estate Agent - Telequest Corp.

    Chester Jakala

    Telequest Corp.

    (844) 480-0258

    31 Total Sales

    1 in Magnificent Mile

    $355,000 Price

    Chester Jakala
     Section Image
  • Bryan Cool Real Estate Agent - Epique Realty Inc

    Bryan Cool

    Epique Realty Inc

    (224) 478-1442

    62 Total Sales

    1 in Magnificent Mile

    $240,000 Price

    Bryan Cool
     Section Image
  • Oscar Arteaga Real Estate Agent - Keller Williams Infinity

    Oscar Arteaga

    Keller Williams Infinity

    (773) 694-4311

    76 Total Sales

    1 in Magnificent Mile

    $740,000 Price

    Oscar Arteaga
     Section Image
  • Daniel O'Donoghue Real Estate Agent - Compass

    Daniel O'Donoghue

    Compass

    (877) 606-5979

    53 Total Sales

    1 in Magnificent Mile

    $625,000 Price

    Daniel O'Donoghue
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- First American Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $1,000,000
Closed Glass Family Living Trust $1,170,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/30/2017 10/30/17 Sold $2,075,000 -1.2% $843 / Sq Ft
10/13/2017 10/13/17 Pending -- -- --
09/07/2017 09/07/17 For Sale $2,100,000 -- $853 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,037 $22,160 $500 $21,660
2024 $1,037 $22,160 $500 $21,660
2023 $1,046 $22,150 $500 $21,650
2022 $855 $18,250 $500 $17,750
2021 $1,443 $29,440 $1,000 $28,440
2020 $1,443 $29,440 $0 $0
2019 $1,443 $29,440 $0 $0
2017 $604 $13,320 $0 $0
2016 $604 $13,320 $0 $0
2015 $604 $13,320 $0 $0
2013 -- $12,960 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • MM

    Seller's Agent in 2017

    Mary Beth Malone

    @ Properties

    Section Image
  • Stephen Chertok Real Estate Agent - @ Properties

    Buyer's Agent in 2017

    Stephen Chertok

    @ Properties

    (312) 682-8500

    6 Total Sales

    Stephen Chertok
    Section Image
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About The Residences at the Ritz-Carlton

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09743667

Midwest Real Estate Data (MRED)

APN: 17-10-109-024-1072

Illinois Cook County Chicago 60611 Magnificent Mile

118 E Erie St Unit 31E, 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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