NOT LISTED FOR SALE

Olympia Centre 161 E Chicago Ave Unit 29F Chicago, IL 60611

Magnificent Mile Neighborhood

Estimated Value: $701,000 - $732,000

2 Beds
2 Baths
1,904 Sq Ft
$1,180/mo HOA Fee

Last Sold September 08, 2021

Last sale price $614,000 $322 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $6,091/month

164 Days on Market

Highlights

  • Doorman
  • 5-minute walk to Chicago Avenue Station (Red Line)
  • Property is near a park
  • Water Views
  • Fitness Center
  • 2-minute walk to Seneca Park

About This Home

As of September 2021

Welcome to the Luxury of Olympia Centre. Call this Home! This Corner Unit boasts large Living. Stunning Panoramic City and Lake Views from the Living/Dining Room and Open Kitchen. Access to Everything: Mag Mile, Lakefront, Highly Acclaimed Restaurants, Oak Street Beach and Navy Pier. From the moment you walk into the expansive Foyer, you will notice its French Fossil Limestone Flooring that is carried in the Second Bathroom and In-Unit Laundry Room. This Unit is special with its Designer Open Kitchen with High-End Appliances including Miele Dishwasher, Gaggenau Stove-Top Oven, Sub Zero Refrigerator and Poggenpohl Cabinet space Galore! Granite Counter-Tops.The spacious Primary En-Suite includes Views to wake-up to. Primary Bathroom Offers Dual Sinks, Luxury Flooring and an Exceptional Walk-In Steam Shower. Working from home has never been more convenient with your Private Office. Building Offers 24 hour DoorStaff, Party Room with Full Kitchen, 2 Fitness Rooms, whirlpool, sauna, locker room. Take advantage of the Luxury Lap Pool, Roof Top Deck, Cleaners and Car Wash. Highly acclaimed Building with over $2M in Reserves. Schedule your Showing Today!

Last Agent to Sell the Property

Margaret Baczkowski

@properties Christie's International Real Estate License #475125650 Listed on: 02/22/2021

@properties Christie's International Real Estate

Co-Listed By

Curtis Rose

@properties Christie's International Real Estate License #475170411

Last Buyer's Agent

Aleksandr Merman

Realty Advisors Elite LLC License #475129696

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,850

Year Built

  • Built in 1986

Lot Details

  • 0.74

HOA Fees

  • $1,180 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Leased Parking
  • Heated Garage
  • Garage Transmitter

Home Design

  • Marble or Granite Building Materials

Interior Spaces

  • 1,904 Sq Ft Home
  • Entrance Foyer
  • Storage Room
  • Laundry in unit
  • Partially Carpeted

Kitchen

  • Range
  • Microwave
  • High End Refrigerator
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms
  • Dual Sinks
  • Separate Shower

Home Security

Utilities

  • Central Air
  • Baseboard Heating
  • Lake Michigan Water
  • Cable TV Available

Additional Features

  • End Unit
  • Property is near a park

Community Details

Overview

  • Association fees include water, insurance, doorman, tv/cable, clubhouse, exercise facilities, pool, exterior maintenance, lawn care, scavenger, snow removal, internet
  • 292 Units
  • Susan Rainey Association, Phone Number (312) 751-8174
  • Olympia Centre Subdivision
  • Property managed by First Service
  • 64-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
  • Limit on the number of pets
  • Pet Size Limit
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site
  • Carbon Monoxide Detectors
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,850

Year Built

Built in 1986

Lot Details

0

HOA Fees

$1,180 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Subdivision Name: Olympia Centre
  • Year Built: 1986
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: Non-Smoking Building
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 29
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 64

Interior Features

  • Appliances: Range, Microwave, Dishwasher, High End Refrigerator, Disposal
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Some Wall-To-Wall Cp
  • LivingArea: 1904
  • Other Equipment: TV-Cable, Fire Sprinklers, CO Detectors
  • Room Type: Foyer, Storage
  • Stories Total: 64
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Separate Shower,Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm,L-shaped
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Bedroom 2 Flooring: Carpet
  • Dining Room Flooring: Carpet
  • Kitchen Flooring: Other
  • Kitchen: Eating Area-Breakfast Bar
  • Living Room Flooring: Carpet
  • MRD_MBB: Full
  • Master Bedroom Flooring: Carpet
  • Master Bedroom Dimensions: 15X18
  • Laundry Flooring: Vinyl

Exterior Features

  • ExteriorFeatures: End Unit
  • List Price: 649000
  • Lot Features: Park Adjacent, Water View
  • Waterfront: No
  • Exterior Building Type: Marble/Granite

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage Details: Transmitter(s),Heated
  • Garage On-Site: Yes
  • Garage Ownership: Fee/Leased
  • Garage Type: Attached
  • Parking: Garage
  • Highest Parking Fee: 405
  • Lowest Parking Fee: 355

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit, Size Limit
  • Association Fee: 1180
  • Association Amenities: Bike Room/Bike Trails, Door Person, Coin Laundry, Elevator(s), Exercise Room, Storage, Health Club, On Site Manager/Engineer, Party Room, Sundeck, Indoor Pool, Receiving Room, Service Elevator(s), Valet/Cleaner, Spa/Hot Tub
  • Association Fee Frequency: Monthly
  • Management: Manager On-site,Monday through Friday
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: First Service
  • Management Contact Name: Susan Rainey
  • Management Phone: 312-751-8174

Fee Information

  • Association Fee Includes: Water, Insurance, Doorman, TV/Cable, Clubhouse, Exercise Facilities, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Internet

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Lease Amount: 355
  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 30

Tax Info

  • Tax Annual Amount: 13849.86
  • Tax Year: 2019
  • Tax Exemptions: None

Multi Family

  • Units in Building: 292

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2021
Closed on
Sep 7, 2021
Sold by
Ruppman John
Bought by
Simkin Yakov and Simkin Galina
Seller's Agent
Margaret Baczkowski
@properties Christie's International Real Estate
Buyer's Agent
Aleksandr Merman
Realty Advisors Elite LLC
List Price
$835,000
Sold Price
$614,000
Premium/Discount to List
-$221,000
-26.47%
Current Estimated Value
$718,069

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,069
Avg. Annual Appreciation
3.97%

Purchase Details

Closed on
Oct 11, 2020
Sold by
Ruppman Lena Mae and Lena Mae Ruppman 1994 Trust
Bought by
Ruppman John

Purchase Details

Closed on
Sep 25, 2017
Sold by
Ruppman Lena Mae
Bought by
Ruppman Lena M and Lena M Ruppman Qualified Residence Trust

Purchase Details

Closed on
Jul 19, 2016
Sold by
Ruppman Lena Mae
Bought by
Ruppman Lena Mae

Purchase Details

Closed on
Jun 27, 2011
Sold by
Ruppman Lena Mae
Bought by
Ruppman Lena Mae

Purchase Details

Closed on
Nov 23, 2010
Sold by
Ruppman Charles T and Ruppman Lena M
Bought by
Ruppman Lena Mae and Lena Mae Ruppman 1994 Trust

Purchase Details

Closed on
Dec 20, 1999
Sold by
Cartier Margaret A
Bought by
Ruppman Charels T and Ruppman Lena M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
7.12%
Source: Public Records

Range of Values:

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List Price
Sold Price
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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
Simkin Yakov $614,000 Chicago Title
Ruppman John -- Attorney
Ruppman Lena M -- Attorney
Ruppman Lena Mae -- None Available
Ruppman Lena Mae -- None Available
Ruppman Lena Mae -- None Available
Ruppman Charels T $665,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ruppman Charels T $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2021 09/08/21 Sold $614,000 -19.2% $322 / Sq Ft
08/05/2021 08/05/21 Pending -- -- --
05/05/2021 05/05/21 Price Changed $760,000 -9.0% $399 / Sq Ft
02/22/2021 02/22/21 For Sale $835,000 -- $439 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

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 $13,029 $54,613 $1,990 $52,623
2023 $12,701 $61,752 $1,630 $60,122
2022 $12,701 $61,752 $1,630 $60,122
2021 $12,418 $61,751 $1,630 $60,121
2020 $14,145 $63,496 $1,237 $62,259
2019 $13,850 $68,935 $1,237 $67,698
2018 $13,617 $68,935 $1,237 $67,698
2017 $14,301 $66,433 $1,054 $65,379
2016 $13,306 $66,433 $1,054 $65,379
2015 $12,174 $66,433 $1,054 $65,379
2014 $9,874 $53,220 $825 $52,395
2013 $9,679 $53,220 $825 $52,395
Source: Public Records

Agents Affiliated with this Home

  • Margaret Baczkowski

    Seller's Agent in 2021

    Margaret Baczkowski

    @ Properties

    (312) 371-8379

    30 in this area

    214 Total Sales

    Margaret Baczkowski
    Section Image
  • Curtis Rose

    Seller Co-Listing Agent in 2021

    Curtis Rose

    @ Properties

    4 in this area

    19 Total Sales

    Curtis Rose
    Section Image

  • A

    Buyer's Agent in 2021

    Aleksandr Merman

    Realty Advisors Elite LLC

    (847) 423-6644

    1 in this area

    3 Total Sales

    Aleksandr Merman
    Section Image
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About Olympia Centre

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11001006

Midwest Real Estate Data (MRED)

APN: 17-10-200-068-1040

Illinois Cook County Chicago 60611 Magnificent Mile

161 E Chicago Ave Unit 29F, Chicago, IL

This home is located at 161 E Chicago Ave Unit 29F, Chicago, IL 60611 since 22 February 2021 and is currently estimated at $718,069, approximately $377 per square foot. This property was built in 1986. 161 E Chicago Ave Unit 29F is a home located in Cook County with nearby schools including Ogden Elementary School, Wells Community Academy High School, and Innovations HS of Arts Integration.

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