NOT LISTED FOR SALE

Estimated Value: $825,000 - $1,115,342

3 Beds
3.5 Baths
2,688 Sq Ft
32,017 Sq Ft Lot

Last Sold August 22, 2023

Last sale price $750,000 $279 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $8,476/month

17 Days on Market

Highlights

  • Doorman
  • 5-minute walk to Chicago Avenue Station (Red Line)
  • Whirlpool Bathtub
  • Fitness Center
  • Wood Flooring
  • 2-minute walk to Seneca Park

About This Home

As of August 2023

Perfect urban oasis in unbeatable location. Phenomenal opportunity to own preferred "A"tier. Breathtaking views- Eastern and Northern exposure. Abundance of light in living room and dining room with hardwood floors. Marble sitting throughout the picture size windows. Eat in kitchen, Split bedroom floor plan, closets galore, in- unit side by side washer/dryer. Spacious bedrooms with brand new carpets with plentiful closet space. The generous sized primary bedroom offers a full picture window perfect to wake up to the morning sunrise over the lake . 2 en-suite bedrooms. Primary bath features marble, double sinks, walk-in shower and a large soaking tub. 161 E. Chicago (known as Olympia Centre-Neiman Marcus) is one of Chicago's finest luxury buildings offering hotel trained service staff, 24 hour doorstaff, concierge, 2 fitness centers, private party room with fully equipped catering kitchen, indoor 75 feet -two lane lap pool, whirlpool, sauna, steam room, lounge area, roof top sundeck, bicycle rooms, dry cleaners and a receiving room with an attendant who delivers packages directly to units, superb on site management and engineering team. Steps to Michigan Avenue shopping, nightlife, Oak Street and Ohio Street beaches, Lake Shore Park, Seneca Children's Park, MCA and more. MOTIVATED SELLER!

Last Agent to Sell the Property

Carla Farris-Benedetti

Baird & Warner License #475134599 Listed on: 07/10/2023

Baird & Warner

Co-Listed By

Sara Zamora

Baird & Warner License #475124628

Last Buyer's Agent

Robert Safranski

@properties Christie's International Real Estate License #475108615

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $18,293

Year Built

  • Built in 1985

Lot Details

  • 0.74

HOA Fees

  • $1,938 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Leased Parking

Home Design

  • Marble or Granite Building Materials

Interior Spaces

  • 2,688 Sq Ft Home
  • Entrance Foyer
  • Family Room
  • Combination Dining and Living Room
  • Breakfast Room

Kitchen

  • Double Oven
  • Microwave
  • High End Refrigerator
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Central Air
  • Heating Available
  • Lake Michigan Water

Community Details

Overview

  • Association fees include air conditioning, water, insurance, security, doorman, tv/cable, exercise facilities, pool, exterior maintenance, scavenger, snow removal
  • 292 Units
  • Unissa Khan Association, Phone Number (312) 751-8174
  • High-Rise Condominium
  • Olympia Centre Subdivision
  • Property managed by First Service Residential
  • 64-Story Property

Amenities

  • Doorman
  • Elevator
  • Service Elevator
  • Package Room
  • Community Storage Space

Recreation

  • Bike Trail

Pet Policy

  • Pets up to 30 lbs
  • Pet Size Limit
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$18,293

Year Built

Built in 1985

Lot Details

0.74 Acres

HOA Fees

$1,938 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,High Rise (7+ Stories)
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,High Rise (7+ Stories)
  • Subdivision Name: Olympia Centre
  • Year Built: 1985
  • Age: 31-40 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: 25
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 64

Interior Features

  • Appliances: Double Oven, Microwave, Dishwasher, High End Refrigerator, Washer, Dryer, Disposal
  • Basement: None
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 3
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit
  • LivingArea: 2688
  • Room Type: Breakfast Room, Foyer
  • Stories Total: 64
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Whirlpool
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Flooring: Carpet
  • ResoLivingAreaSource: Estimated

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Marble/Granite

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage On-Site: Yes
  • Garage Ownership: Fee/Leased
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Electric
  • Laundry Features: In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Size Limit
  • Association Fee: 1938
  • Association Amenities: Bike Room/Bike Trails, Door Person, Elevator(s), Exercise Room, Storage, On Site Manager/Engineer, Indoor Pool, Receiving Room, Service Elevator(s)
  • Association Fee Frequency: Monthly
  • Management: Manager On-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: First Service Residential
  • Management Contact Name: Unissa Khan
  • Management Phone: 312-751-8174
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Air Conditioning, Water, Insurance, Security, Doorman, TV/Cable, Exercise Facilities, Pool, Exterior Maintenance, Scavenger, Snow Removal

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Special Assessments: Y

Rental Info

  • Lease Amount: 365
  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 30

Tax Info

  • Tax Annual Amount: 18292.65
  • Tax Year: 2021

Multi Family

  • Units in Building: 292

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2023
Closed on
Aug 11, 2023
Sold by
Catherine Dollive Epstein Trust
Bought by
Ceffalio John and Ceffalio Amber
Seller's Agent
Carla Farris-Benedetti
Baird & Warner
Buyer's Agent
Robert Safranski
@properties Christie's International Real Estate
List Price
$835,000
Sold Price
$750,000
Premium/Discount to List
-$85,000
-10.18%
Views
18
Current Estimated Value
$938,836

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$188,836
Avg. Annual Appreciation
9.09%

Purchase Details

Closed on
Jan 10, 2023
Sold by
Epstein Catherine
Bought by
Catherine Dollive Epstein Trust and Epstein
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ceffalio John $750,000 Fidelity National Title
Catherine Dollive Epstein Trust -- Fidelity National Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/22/2023 08/22/23 Sold $750,000 -6.2% $279 / Sq Ft
07/28/2023 07/28/23 Pending -- -- --
07/20/2023 07/20/23 Price Changed $799,900 -4.2% $298 / Sq Ft
07/10/2023 07/10/23 For Sale $835,000 -- $311 / 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 $19,193 $80,184 $2,921 $77,263
2024 $19,193 $80,184 $2,921 $77,263
2023 $18,710 $90,968 $2,394 $88,574
2022 $18,710 $90,968 $2,394 $88,574
2021 $18,293 $90,967 $2,393 $88,574
2020 $20,768 $93,227 $1,817 $91,410
2019 $20,335 $101,213 $1,817 $99,396
2018 $19,993 $101,213 $1,817 $99,396
2017 $19,690 $97,540 $1,548 $95,992
2016 $18,679 $97,540 $1,548 $95,992
2015 $17,050 $97,540 $1,548 $95,992
2014 $13,681 $78,139 $1,211 $76,928
2013 $13,392 $78,139 $1,211 $76,928
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11827565

Midwest Real Estate Data (MRED)

APN: 17-10-200-068-1027

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