NOT LISTED FOR SALE

The Residences at the Ritz-Carlton 118 E Erie St Unit 32F Chicago, IL 60611

Magnificent Mile Neighborhood

Estimated Value: $1,077,327 - $1,356,000

2 Beds
3 Baths
1,937 Sq Ft
0.28 Acre Lot

Sale Details

Date Sold: December 20, 2021

Last sale price $1,025,000 $529 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $11,057 / mo

6 Days on Market

Highlights

  • Formal Dining Room
  • Heated Garage
  • High-Rise Community
  • Attached Garage

About This Home

As of December 2021

Welcome home to this beautifully upgraded high floor condo at the prestigious Ritz Carlton Residences. The gorgeous entryway leads to the DeGiulio chef's kitchen which features SieMatic cabinetry, honed marble countertops and stunning full slab backsplash, Wolf, Sub Zero and Miele appliances. The sprawling 1,937 sq ft home features a spacious open living and dining room is filled with East facing natural light and gorgeous Southern exposure looking directly down famed Michigan Avenue towards the Loop. No detail was spared in this home - wide plank hardwood floors, generous ceiling height, gorgeous wood detailing and archways, built in window seating, custom closets and extra quiet motorized shades. Covered balcony with beautiful views of the Lake and City. Your luxurious lifestyle awaits with five-star amenities and service at the renowned Ritz Carlton. Enjoy the Landmark Club, private conference/dining room, spa treatment and relaxation rooms, fitness center, steam room, private movie theater, daily beverage/coffee service, and the billiards lounge and terrace. Services include concierge, butler and wine storage. Valet parking and storage included in the price!

Last Agent to Sell the Property

John O'Neill

Compass License #475145211 Listed on: 10/25/2021

Compass

Last Buyer's Agent

Emily Bloom

Jameson Sotheby's Intl Realty License #475194608

Jameson Sotheby's Intl Realty

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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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Condominium

Year Built

  • 2012

Lot Details

  • 0.28

HOA Fees

  • $2,598 per month

Parking

  • Attached Garage
  • Heated Garage
  • Parking Included in Price

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • Formal Dining Room

Bedrooms and Bathrooms

  • Dual Sinks
  • Separate Shower

Community Details

Overview

  • 89 Units
  • Micah Hine Association, Phone Number (312) 846-7014
  • High-Rise Community
  • Property managed by The Ritz-Carlton Hotel Company, LLC

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Year Built

2012

Lot Details

0.28 Acres

HOA Fees

$2,598 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • Property Type: Residential
  • Type Attached: Condo,High Rise (7+ Stories)
  • Property Sub Type: Condo,High Rise (7+ Stories)
  • Age: 6-10 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 32
  • Directions: MICHIGAN AVE AT ERIE STREET
  • Lot Size: PER SURVEY
  • New Construction: No
  • Ownership: Condo
  • Actual Status: Closed
  • Special Features: None
  • Year Built: 2012

Interior Features

  • Appliances: Double Oven, Range, Microwave, Dishwasher, High End Refrigerator, Freezer, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Has Basement: None
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Separate Shower,Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Hardwood Floors, First Floor Laundry, Walk-In Closet(s)
  • Dining Room Type: Balcony/Porch/Lanai
  • Stories: 40

Exterior Features

  • Roof: Asphalt
  • Exterior Features: Balcony
  • Exterior Building Type: Concrete
  • Lot Features: Corner Lot
  • Waterfront: No

Garage/Parking

  • Number of Cars: 1
  • Garage Details: Heated
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage
  • Garage Spaces: 1

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Laundry Features: In Unit
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Management: Manager On-site,Monday through Friday
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: The Ritz-Carlton Hotel Company, LLC
  • Management Contact Name: Micah Hine
  • Management Phone: 312-846-7014
  • Amenities: Bike Room/Bike Trails, Door Person, Elevator(s), Exercise Room, Storage, Health Club, On Site Manager/Engineer, Party Room, Receiving Room, Service Elevator(s), Business Center
  • Association Fee: 2598
  • Association Fee Frequency: Monthly
  • Pets Allowed: Cats OK, Dogs OK

Fee Information

  • Association Fee Includes: Heat, Water, Gas, Insurance, Security, Doorman, TV/Cable, Exercise Facilities, Exterior Maintenance, Scavenger, Snow Removal, Internet

Schools

  • Junior High Dist: 299

Lot Info

  • Special Assessments: N
  • Additional Parcels: Yes

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Multi Family

  • Units in Building: 89

Tax Info

  • Tax Exemptions: None
  • Tax Annual Amount: 30084.55
  • Tax Year: 2020

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Magnificent Mile, IL

  • Sara Poss Real Estate Agent - @properties Christie's International Real Estate

    Sara Poss

    @properties Christie's International Real Estate

    (224) 261-7186

    46 Total Sales

    1 in Magnificent Mile

    $750,000 Price

    Sara Poss
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  • Tamika Marks Real Estate Agent - Trademarks & Associates

    Tamika Marks

    Trademarks & Associates

    (888) 589-1720

    267 Total Sales

    1 in Magnificent Mile

    $440,800 Price

    Tamika Marks
     Section Image
  • Ali Bakir Real Estate Agent - MorphEasy Realty

    Ali Bakir

    MorphEasy Realty

    (833) 433-0982

    131 Total Sales

    3 in Magnificent Mile

    $490K - $900K Price Range

    Ali Bakir
     Section Image
  • Thomas Sillitti Real Estate Agent - Baird & Warner

    Thomas Sillitti

    Baird & Warner

    (877) 719-2753

    23 Total Sales

    1 in Magnificent Mile

    $650,000 Price

    Thomas Sillitti
     Section Image
  • Pearce Lashmett Real Estate Agent - Jameson Sotheby's Intl Realty

    Pearce Lashmett

    Responds Quickly

    Jameson Sotheby's Intl Realty

    (844) 225-2586

    56 Total Sales

    1 in Magnificent Mile

    $940,000 Price

    Pearce Lashmett
     Section Image
  • Katrina de los Reyes Real Estate Agent - Berkshire Hathaway HomeServices Chicago

    Katrina de los Reyes

    Berkshire Hathaway HomeServices Chicago

    (630) 580-0919

    281 Total Sales

    5 in Magnificent Mile

    $190K - $975K Price Range

    Katrina de los Reyes
     Section Image
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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
12/20/2021 12/20/21 Sold $1,025,000 -10.9% $529 / Sq Ft
11/01/2021 11/01/21 Pending -- -- --
10/25/2021 10/25/21 For Sale $1,150,000 -- $594 / 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 $22,585 $108,964 $2,476 $106,488
2024 $22,585 $108,964 $2,476 $106,488
2023 $21,995 $110,358 $1,997 $108,361
2022 $21,995 $110,358 $1,997 $108,361
2021 $23,665 $117,683 $1,996 $115,687
2020 $28,181 $126,502 $1,407 $125,095
2019 $25,416 $126,502 $1,407 $125,095
Source: Public Records

Agents Affiliated with this Home

  • JO

    Seller's Agent in 2021

    John O'Neill

    Compass

    Section Image
  • Emily Bloom Real Estate Agent - Jameson Sotheby's Intl Realty

    Buyer's Agent in 2021

    Emily Bloom

    Jameson Sotheby's Intl Realty

    (214) 549-8601

    8 in this area

    26 Total Sales

    Emily Bloom
    Section Image

  • RB

    Seller's Agent in 2014

    Rachel Bailey

    Coldwell Banker Realty

  • JS

    Seller Co-Listing Agent in 2014

    Jane Shawkey-Nye

    Baird Warner

    Section Image
  • Karen Strohl Real Estate Agent - Coldwell Banker Realty

    Buyer's Agent in 2014

    Karen Strohl

    Coldwell Banker Realty

    (312) 953-8906

    10 Total Sales

    Karen Strohl
    Section Image
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About The Residences at the Ritz-Carlton

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11254933

Midwest Real Estate Data (MRED)

APN: 17-10-109-024-1076

Illinois Cook County Chicago 60611 Magnificent Mile

118 E Erie St Unit 32F, 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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