Olympia Centre 161 E Chicago Ave Unit 24-01 Chicago, IL 60611
Streeterville Neighborhood
2
Beds
2.5
Baths
2,023
Sq Ft
$2,101/mo
HOA Fee
Highlights
- Doorman
- 5-minute walk to Chicago Avenue Station (Red Line)
- Main Floor Bedroom
- Fitness Center
- Wood Flooring
- 2-minute walk to Seneca Park
About This Home
As of February 2023Rare duplex at 161 E. Chicago. Includes two stories with a bedroom on each floor. This full gut renovation features high end designer finishes with a wall of glass windows facing North East that provide lake and city views from every room. Open concept kitchen with white quartz countertops and stainless steel appliances. 5" red oak wood floors throughout, custom built-ins and a wine cooler. Includes two and a half baths plus a bonus family room that overlooks the downstairs renovated kitchen, living and dining areas. Both bedrooms include their own white marble en-suite bathrooms. In-unit washer/dryer and a private, large storage room on the same floor. Convenient garage parking available for lease on site. Assessments include 24/7 concierge door service, maintenance, indoor pool, exercise room, common, updated deck, dry cleaning and other full service amenities. The perfect urban oasis. Tenant occupied until January 31, 2023. Owner and tenant can be flexible.
Last Agent to Sell the Property
@properties Christie's International Real Estate License #475115707 Listed on: 10/31/2022
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $22,168
Year Built
- Built in 1985 | Remodeled in 2016
HOA Fees
- $2,101 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Leased Parking
- Heated Garage
- Garage Door Opener
Home Design
- Marble or Granite Building Materials
Interior Spaces
- 2,023 Sq Ft Home
- Built-In Features
- Dry Bar
- Family Room
- Combination Dining and Living Room
- Storage
- Wood Flooring
Kitchen
- Range<<rangeHoodToken>>
- Dishwasher
- Wine Refrigerator
- Stainless Steel Appliances
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- Main Floor Bedroom
- Walk-In Closet
- Bathroom on Main Level
- Dual Sinks
Laundry
- Laundry closet
- Dryer
- Washer
Home Security
Schools
- Ogden International Elementary School
- Ogden Elementary Middle School
- Wells Community Academy Senior H High School
Utilities
- Forced Air Zoned Heating and Cooling System
- Individual Controls for Heating
- 200+ Amp Service
- Lake Michigan Water
- Cable TV Available
Community Details
Overview
- Association fees include heat, water, gas, insurance, doorman, tv/cable, exercise facilities, pool, exterior maintenance, scavenger, snow removal, internet
- 291 Units
- Cathy Lewandowski Association, Phone Number (312) 751-8174
- High-Rise Condominium
- Property managed by Draper & Kramer
- 50-Story Property
Amenities
- Doorman
- Valet Parking
- Sundeck
- Party Room
- Coin Laundry
- Elevator
- Service Elevator
- Package Room
- Community Storage Space
Recreation
- Community Spa
- Bike Trail
Pet Policy
- Pets up to 30 lbs
- Dogs and Cats Allowed
Security
- Resident Manager or Management On Site
- Carbon Monoxide Detectors
- Fire Sprinkler System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 31, 2022
Closed on
Feb 3, 2023
Sold by
Smith Hene Beth
Bought by
Kellie Zell Revocable Trust
Seller's Agent
Erin Mandel
@properties Christie's International Real Estate
Buyer's Agent
Tim Salm
Jameson Sotheby's Intl Realty
List Price
$995,000
Sold Price
$900,000
Premium/Discount to List
-$95,000
-9.55%
Views
1
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
$143,549
Avg. Annual Appreciation
6.33%
Purchase Details
Listed on
Apr 25, 2016
Closed on
Aug 9, 2016
Sold by
161 E Chicago 2401 Llc
Bought by
Smith Iiene Beth
Seller's Agent
Helaine Cohen
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Sharon Gillman
Compass
List Price
$1,450,000
Sold Price
$1,250,000
Premium/Discount to List
-$200,000
-13.79%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.91%
Purchase Details
Listed on
Oct 5, 2015
Closed on
Oct 30, 2015
Sold by
Echiverri Henry C and Echiverri Susan C
Bought by
161 E Chicago 2401 Llc
Seller's Agent
Alyse Martinez
Mark Allen Realty ERA Powered
Buyer's Agent
Helaine Cohen
Berkshire Hathaway HomeServices Chicago
List Price
$750,000
Sold Price
$725,000
Premium/Discount to List
-$25,000
-3.33%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
102.88%
Purchase Details
Closed on
Dec 2, 2005
Sold by
Lusk Bonni Morris
Bought by
Echiverri Henry C and Echiverri Susan C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$532,000
Interest Rate
6.48%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Aug 24, 1998
Sold by
Lusk Bonni Morris
Bought by
Bonnie Morris Lusk Revocable Trust
Purchase Details
Closed on
May 15, 1998
Sold by
Herron Orley R and Herron Donna J
Bought by
Morris Lusk Bonnie
Purchase Details
Closed on
Apr 28, 1995
Sold by
Cole Taylor Bank
Bought by
Herron Orley R and Herron Donna J
Similar Homes in Chicago, IL
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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 | $900,000 | Proper Title | |
| Warranty Deed | $1,250,000 | None Available | |
| Warranty Deed | $725,000 | Greater Metropolitan Title L | |
| Warranty Deed | $665,000 | Chicago Title Insurance Co | |
| Interfamily Deed Transfer | -- | Chicago Title Insurance Co | |
| Warranty Deed | $415,000 | -- | |
| Joint Tenancy Deed | $475,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $1,254,867 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $417,000 | Unknown | |
| Previous Owner | $532,000 | Fannie Mae Freddie Mac | |
| Previous Owner | $66,500 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/15/2023 02/15/23 | Sold | $900,000 | 0.0% | $445 / Sq Ft |
| 01/14/2023 01/14/23 | Pending | -- | -- | -- |
| 12/29/2022 12/29/22 | Off Market | $900,000 | -- | -- |
| 11/25/2022 11/25/22 | Pending | -- | -- | -- |
| 10/31/2022 10/31/22 | For Sale | $995,000 | 0.0% | $492 / Sq Ft |
| 11/21/2020 11/21/20 | Rented | $4,250 | 0.0% | -- |
| 11/10/2020 11/10/20 | For Rent | $4,250 | -48.5% | -- |
| 09/27/2017 09/27/17 | Rented | $8,250 | 0.0% | -- |
| 08/22/2017 08/22/17 | Price Changed | $8,250 | -5.7% | $4 / Sq Ft |
| 07/18/2017 07/18/17 | For Rent | $8,750 | 0.0% | -- |
| 08/10/2016 08/10/16 | Sold | $1,250,000 | -10.7% | $636 / Sq Ft |
| 07/18/2016 07/18/16 | Pending | -- | -- | -- |
| 06/15/2016 06/15/16 | Price Changed | $1,399,000 | -3.5% | $712 / Sq Ft |
| 04/25/2016 04/25/16 | For Sale | $1,450,000 | +100.0% | $738 / Sq Ft |
| 11/02/2015 11/02/15 | Sold | $725,000 | -3.3% | $369 / Sq Ft |
| 10/13/2015 10/13/15 | Pending | -- | -- | -- |
| 10/05/2015 10/05/15 | For Sale | $750,000 | -- | $381 / 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 |
|---|---|---|---|---|
| 2024 | $22,135 | $92,923 | $3,386 | $89,537 |
| 2023 | $21,578 | $104,912 | $2,774 | $102,138 |
| 2022 | $21,578 | $104,912 | $2,774 | $102,138 |
| 2021 | $21,096 | $104,910 | $2,773 | $102,137 |
| 2020 | $22,168 | $99,513 | $2,106 | $97,407 |
| 2019 | $23,565 | $117,292 | $2,106 | $115,186 |
| 2018 | $23,169 | $117,292 | $2,106 | $115,186 |
| 2017 | $24,333 | $113,035 | $1,794 | $111,241 |
| 2016 | $22,640 | $113,035 | $1,794 | $111,241 |
| 2015 | $20,713 | $113,035 | $1,794 | $111,241 |
| 2014 | $16,801 | $90,552 | $1,404 | $89,148 |
| 2013 | $16,469 | $90,552 | $1,404 | $89,148 |
Source: Public Records
Agents Affiliated with this Home
-
Erin Mandel
Seller's Agent in 2023
Erin Mandel
@ Properties
(312) 682-8500
10 in this area
142 Total Sales
-
Sarah Africk
S
Seller Co-Listing Agent in 2023
Sarah Africk
@ Properties
4 in this area
25 Total Sales
-
Tim Salm
Buyer's Agent in 2023
Tim Salm
Jameson Sotheby's Intl Realty
(312) 751-0300
34 in this area
181 Total Sales
-
E
Seller Co-Listing Agent in 2020
Emily Vutech
@ Properties
-
Mark Rotblatt
Buyer's Agent in 2020
Mark Rotblatt
Engel & Voelkers Chicago
(312) 802-3700
33 in this area
50 Total Sales
-
Marissa Schaefer
Seller's Agent in 2017
Marissa Schaefer
Compass
(312) 560-8400
3 in this area
43 Total Sales
About Olympia Centre
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11640210
APN: 17-10-200-068-1001
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