Olympia Centre 161 E Chicago Ave Unit 31F Chicago, IL 60611
Magnificent Mile NeighborhoodEstimated payment $7,127/month
Highlights
- Doorman
- 5-minute walk to Chicago Avenue Station (Red Line)
- Wood Flooring
- Water Views
- Fitness Center
- 2-minute walk to Seneca Park
About This Home
Experience elevated city living in one of Chicago's most iconic residential towers. Whether as a full-time home or a refined pied-a-terre, Unit 31F at the prestigious Olympia Centre offers unmatched luxury, convenience, and style in the heart of the Magnificent Mile. Perched on the 31st floor, this expansive 2-bedroom, 2-bathroom corner residence spans 1,904 square feet and showcases sweeping panoramic views of the city skyline and Lake Michigan. The home combines sophisticated design, impeccable finishes, and access to world-class amenities-all within one of Chicago's most architecturally significant buildings, designed by the renowned firm Skidmore, Owings & Merrill. Clad in elegant Swedish granite and seamlessly integrated into the vibrancy of Michigan Avenue, Olympia Centre is a landmark address. Residents enjoy direct access to Neiman Marcus and are mere steps from the lakefront, Water Tower Place, the John Hancock Center, premier shopping, world-class dining, parks, museums, and convenient transportation. Unit 31F features a coveted corner position with dramatic 180-degree views framed by oversized picture windows. Wide-plank oak hardwood floors flow throughout the open-concept living and dining areas, where custom marble-topped window seating invites moments of relaxation or admiration of the ever-changing skyline. The sleek, modern kitchen is a showpiece in both form and function, boasting high-gloss white cabinetry, natural stone countertops, and premium stainless steel appliances-including a Thermador refrigerator and oven, Dacor cooktop, and Bosch dishwasher. A large, custom millwork peninsula with dine-up seating anchors the space and opens to a generous dining area that comfortably accommodates eight or more for seated dinner parties. The spacious primary suite offers a tranquil retreat with custom wall-to-wall built-ins and commanding views. Its spa-like en-suite bathroom features a floating dual vanity, designer lighting, and a glass-enclosed oversized shower with bench seating. The second bedroom, currently configured as a lake-facing office or den, is perfect for guests or remote work. A second full bath features a contemporary tub/shower combo and refined finishes. Additional highlights include an in-unit laundry room with stacked washer/dryer, curated lighting throughout, special 3M film on the windows (in lieu of shades) to block out the UV rays and protect furniture/art, motorized blackout shades in the primary, and high-end fixtures that underscore the home's thoughtful attention to detail. Better still, residents of Olympia Centre enjoy access to white-glove services and amenities, including 24-hour door staff and concierge, an indoor pool and spa, a sun deck, and a state-of-the-art fitness center. Parking is available with 24/7 access to the Olympia Centre Self Park Garage and optional valet service for added convenience.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $12,750
Year Built
- Built in 1985 | Remodeled in 2019
Lot Details
- End Unit
HOA Fees
- $1,536 Monthly HOA Fees
Parking
- 1 Car Garage
Home Design
- Entry on the 31st floor
Interior Spaces
- 1,904 Sq Ft Home
- Entrance Foyer
- Family Room
- Living Room
- Formal Dining Room
- Storage
- Wood Flooring
Kitchen
- Cooktop
- Microwave
- High End Refrigerator
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
- Dual Sinks
- Soaking Tub
- Separate Shower
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
- Home Security System
- Intercom
Schools
- Ogden Elementary School
- Wells Community Academy Senior H High School
Utilities
- Central Air
- Baseboard Heating
- 200+ Amp Service
- Lake Michigan Water
- Cable TV Available
Listing and Financial Details
- Homeowner Tax Exemptions
Community Details
Overview
- Association fees include water, insurance, doorman, tv/cable, exercise facilities, pool, exterior maintenance, lawn care, scavenger, snow removal, internet
- 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
- 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
- Fire Sprinkler System
Map
About Olympia Centre
Home Values in the Area
Average Home Value in this Area
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 | $12,750 | $56,502 | $2,059 | $54,443 |
2023 | $12,407 | $63,744 | $1,687 | $62,057 |
2022 | $12,407 | $63,744 | $1,687 | $62,057 |
2021 | $12,148 | $63,743 | $1,686 | $62,057 |
2020 | $13,943 | $65,691 | $1,280 | $64,411 |
2019 | $13,640 | $71,318 | $1,280 | $70,038 |
2018 | $13,409 | $71,318 | $1,280 | $70,038 |
2017 | $14,069 | $68,729 | $1,090 | $67,639 |
2016 | $13,265 | $68,729 | $1,090 | $67,639 |
2015 | $12,114 | $68,729 | $1,090 | $67,639 |
2014 | $10,216 | $55,059 | $853 | $54,206 |
2013 | $10,014 | $55,059 | $853 | $54,206 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/07/2025 07/07/25 | For Sale | $850,000 | +9.7% | $446 / Sq Ft |
08/07/2014 08/07/14 | Sold | $775,000 | -8.8% | $407 / Sq Ft |
03/19/2014 03/19/14 | Pending | -- | -- | -- |
02/07/2014 02/07/14 | Price Changed | $850,000 | -14.9% | $446 / Sq Ft |
01/10/2014 01/10/14 | Price Changed | $999,000 | -13.1% | $525 / Sq Ft |
11/26/2013 11/26/13 | For Sale | $1,150,000 | -- | $604 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | $775,000 | Chicago Title Insurance Co | |
Warranty Deed | $730,000 | -- | |
Warranty Deed | $400,000 | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $528,400 | Adjustable Rate Mortgage/ARM | |
Closed | $580,000 | Adjustable Rate Mortgage/ARM | |
Previous Owner | $115,000 | Credit Line Revolving | |
Previous Owner | $828,750 | Credit Line Revolving | |
Previous Owner | $146,000 | Unknown | |
Previous Owner | $584,000 | No Value Available | |
Previous Owner | $250,000 | Credit Line Revolving | |
Previous Owner | $389,250 | Unknown | |
Previous Owner | $340,000 | No Value Available |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12412228

APN: 17-10-200-068-1056
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