NOT LISTED FOR SALE

Olympia Centre 161 E Chicago Ave Unit 39G Chicago, IL 60611

Magnificent Mile Neighborhood

Estimated Value: $409,878

1 Bed
1 Bath
875 Sq Ft
0.74 Acre Lot

Sale Details

Date Sold: August 24, 2020

Last sale price $425,000 $486 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $3,382 / mo

11 Days on Market

Highlights

  • Lake Front
  • 5-minute walk to Chicago Avenue Station (Red Line)
  • Stainless Steel Appliances
  • Whirlpool Bathtub
  • Home Office
  • 1-minute walk to Seneca Park

About This Home

As of August 2020

Surprising, 875 sf condo on a high floor in the sophisticated & sought after Olympia Centre welcomes you with spectacular panoramic views of the City & Lake at the entry to the gracious foyer. Large windows with designer window treatment, cushioned sitting areas allow showcase of skyline views from almost every room. Hardwood floors through adds to spaciousness & airiness. The living room accommodates sufficient dining area. White SS kitchen enhanced by white granite floors fits SubZero refrigerator and offers adequate counter & storage space. Large bedroom with relaxing views has 2 walk-in closets with one converted into an office. Elegant, white granite bath with jacuzzi has designer curtain covering the shower glass wall. Marantz sound system throughout adds to enjoyment ... In unit laundry, entry closet room & storage. The building offers: 24 h concierge & doorman, 2 fitness centers, indoor pool, roof sundeck with 360 degrees views, party room, bicycle rooms, car wash & cleaners. This comfortable, well designed condo is a great home in the heart of Michigan Ave /The Magnificent Mile near the lake path, tennis courts & running track.

Last Agent to Sell the Property

Margaret Wilczek

Berkshire Hathaway HomeServices Chicago License #475141913 Listed on: 06/29/2020

Berkshire Hathaway HomeServices Chicago

Last Buyer's Agent

Stacey Grossman

Baird & Warner License #475135334

Baird & Warner

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
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Condominium

Year Built

  • 1985

Lot Details

  • 0.74

HOA Fees

  • $601 per month

Parking

  • Attached Garage
  • Heated Garage

Home Design

  • Marble or Granite Building Materials

Interior Spaces

  • Entrance Foyer
  • Home Office

Kitchen

  • Galley Kitchen
  • Oven or Range
  • Microwave
  • High End Refrigerator
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • Walk-In Closet
  • Whirlpool Bathtub
  • European Shower

Laundry

  • Dryer
  • Washer

Utilities

  • Zoned Heating and Cooling
  • Individual Controls for Heating
  • Lake Michigan Water

Additional Features

  • North or South Exposure
  • Lake Front
  • City Lot

Community Details

  • Pets Allowed

Property Details

Home Type

Condominium

Year Built

1985

Lot Details

0.74 Acres

HOA Fees

$601 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • Unit Floor Level: 39
  • Age: 31-40 Years
  • Full Bathrooms: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 1
  • Estimated Year Built: 1985
  • Type Attached: Condo, High Rise (7+ Stories)
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 64
  • Year Built: 1985

Interior Features

  • Number Of Rooms: 5
  • Living Room: Dimensions: 16X20, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Microwave, Dishwasher, High End Refrigerator, Washer, Dryer, Disposal, All Stainless Steel Kitchen Appliances
  • Bedrooms All Levels: 1
  • Bathroom Amenities: Whirlpool, European Shower
  • Above Grade Bedrooms: 1
  • Laundry: Dimensions: 03X04, On Level: Main Level, Flooring: Other, Windows: None
  • Dining Room: Dimensions: COMBO, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 08X08, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Kitchen Type: Galley
  • Additional Rooms: Foyer, Office, Walk In Closet
  • Master Bedroom: Dimensions: 16X11, On Level: Main Level, Flooring: Hardwood
  • Additional Room 1 Name: Foyer, Dimensions: 05X13, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Additional Room 2 Name: Walk in Closet, Dimensions: 05X07, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Additional Room 3 Name: Office, Dimensions: 08X04, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Additional Room 4 Name: Walk in Closet, Dimensions: 06X04, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Estimated Sq Ft: 875
  • Dining Room Type: Combined w/ LivRm

Exterior Features

  • Exterior Building Type: Marble/Granite
  • Exposure: N (North), City, Lake/Water

Garage/Parking

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

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air, Zoned
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Electric, Indv Controls

Condo/Co-op/Association

  • Max Pet Weight: 30
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager On-site, Monday through Friday
  • Pet Information: Cats OK, Dogs OK, Pet Count Limitation, Pet Weight Limitation
  • Common Area Amenities: Bike Room/Bike Trails, Door Person, Coin Laundry, Elevator, Exercise Room, Storage, Health Club, On Site Manager/Engineer, Party Room, Sundeck, Pool-Indoors, Service Elevator, Steam Room, Valet/Cleaner, Whirlpool
  • Assessment Includes: Air Conditioning, Water, Common Insurance, Doorman, TV/Cable, Exercise Facilities, Pool, Exterior Maintenance, Scavenger, Snow Removal
  • Assessment Association Fees: 601
  • Management Contact Name: Margie or Bob
  • Management Phone: 312-751-8174

Fee Information

  • Management Company: Draper & Kramer
  • Lowest Parking Fee: 355
  • Highest Parking Fee: 405
  • Lease Amount: 355

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 17102000681121

Multi Family

  • Total Number Unitsin Building: 292
  • Number Stories: 64

Tax Info

  • Taxes: 7311.81

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2020
Closed on
Aug 17, 2020
Sold by
Chapko James R and Chapko Elena
Bought by
Seller's Agent
Margaret Wilczek
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Stacey Grossman
Baird & Warner
List Price
$450,000
Sold Price
$425,000
Premium/Discount to List
-$25,000
-5.56%
Current Estimated Value
$409,878

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$15,122
Avg. Annual Appreciation
-0.60%
Original Mortgage
$305,000
Interest Rate
2.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 10, 2002
Sold by
Fisher Colin K
Bought by
Chapko James R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
6.7%

Purchase Details

Closed on
Oct 11, 2000
Sold by
Wagner John R
Bought by
Fisher Colin K and The Colin K Fisher Trust

Purchase Details

Closed on
May 15, 2000
Sold by
Gaspar Kyle M
Bought by
Wagner John R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,200
Interest Rate
8.21%

Purchase Details

Closed on
Mar 10, 1999
Sold by
Gaspar Kyle M
Bought by
Gaspar Kyle M and Kyle M Gaspar Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
6.92%

Purchase Details

Closed on
Feb 23, 1999
Sold by
Magad Samuel and Magad Miriam
Bought by
Gaspar Kyle M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
6.92%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Magnificent Mile, IL

  • Gayle Stellas Real Estate Agent - Baird & Warner

    Gayle Stellas

    Baird & Warner

    (630) 626-8270

    73 Total Sales

    2 in Magnificent Mile

    $215K - $250K Price Range

    Gayle Stellas
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  • Ken Jungwirth Real Estate Agent - @properties Christie's International Real Estate

    Ken Jungwirth

    @properties Christie's International Real Estate

    (773) 917-1081

    177 Total Sales

    4 in Magnificent Mile

    $879K - $5.5M Price Range

    Ken Jungwirth
     Section Image
  • Armando Chacon Real Estate Agent - Century 21 S.G.R., Inc.

    Armando Chacon

    Responds Quickly

    Century 21 S.G.R., Inc.

    (888) 310-0896

    96 Total Sales

    2 in Magnificent Mile

    $43K - $985K Price Range

    Armando Chacon
     Section Image
  • Larissa Brodsky Real Estate Agent - Compass

    Larissa Brodsky

    Compass

    (877) 750-2096

    75 Total Sales

    1 in Magnificent Mile

    $480,000 Price

    Larissa Brodsky
     Section Image
  • Wendi Gordon Shelist Real Estate Agent - @properties Christie's International Real Estate

    Wendi Gordon Shelist

    Responds Quickly

    @properties Christie's International Real Estate

    (833) 476-2514

    85 Total Sales

    2 in Magnificent Mile

    $150K - $1.8M Price Range

    Wendi Gordon Shelist
     Section Image
  • Crystal Banks Real Estate Agent - Landstar Realty Group, Inc.

    Crystal Banks

    Landstar Realty Group, Inc.

    (224) 458-2653

    58 Total Sales

    1 in Magnificent Mile

    $235,000 Price

    Crystal Banks
     Section Image
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Purchase 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 Buyer Sale Price Title Company
$425,000 None Available
Chapko James R $420,000 --
Fisher Colin K $370,000 --
Wagner John R $314,000 Chicago Title Insurance Co
Gaspar Kyle M -- --
Gaspar Kyle M $250,000 --
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Previous Owner $305,000
Previous Owner Chapko James R $161,000
Previous Owner Chapko James R $188,000
Previous Owner Chapko James R $300,700
Previous Owner Chapko James R $300,700
Previous Owner Chapko James R $336,000
Previous Owner Wagner John R $251,200
Previous Owner Gaspar Kyle M $225,000
Source: Public Records

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
08/24/2020 08/24/20 Sold $425,000 -5.6% $486 / Sq Ft
07/10/2020 07/10/20 Pending -- -- --
06/29/2020 06/29/20 For Sale $450,000 -- $514 / 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 $5,605 $28,833 $1,051 $27,782
2024 $5,605 $28,833 $1,051 $27,782
2023 $5,426 $32,536 $861 $31,675
2022 $5,426 $32,536 $861 $31,675
2021 $5,337 $32,535 $860 $31,675
2020 $6,223 $33,521 $653 $32,868
2019 $7,312 $36,393 $653 $35,740
2018 $7,189 $36,393 $653 $35,740
2017 $7,550 $35,072 $556 $34,516
2016 $7,025 $35,072 $556 $34,516
2015 $6,427 $35,072 $556 $34,516
2014 $5,213 $28,096 $435 $27,661
2013 $5,110 $28,096 $435 $27,661
Source: Public Records

Agents Affiliated with this Home

  • MW

    Seller's Agent in 2020

    Margaret Wilczek

    Berkshire Hathaway HomeServices Chicago

    Section Image

  • SG

    Buyer's Agent in 2020

    Stacey Grossman

    Baird Warner

    (312) 286-5999

    2 in this area

    25 Total Sales

    Stacey Grossman
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About Olympia Centre

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10763720

Midwest Real Estate Data (MRED)

APN: 17-10-200-068-1121

Illinois Cook County Chicago 60611 Magnificent Mile

161 E Chicago Ave Unit 39G, 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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