NOT LISTED FOR SALE

Estimated Value: $753,000 - $911,000

2 Beds
2 Baths
1,904 Sq Ft
$1,574/ mo HOA Fee

Last Sold August 29, 2024

Last sale price $960,000 $504 Per Sq Ft

Est. 14% decrease in value since last sale

Current estimated payment $7,179/month

38 Days on Market

Highlights

  • Doorman
  • 5-minute walk to Chicago Avenue Station (Red Line)
  • Community Indoor Pool
  • Fitness Center
  • Rooftop Deck
  • 2-minute walk to Seneca Park

About This Home

As of August 2024

Iconic Olympia Center located in the heart of the Magnificent Mile neighborhood at Michigan and Chicago Avenues, the center of Chicago's finest high-end retail, restaurants and dining, the world's largest Starbucks, Museum of Contemporary At, parks, beaches, lakefront access surrounded by come of this city's most prominent and prided architectural structures. Residence 41F is yet another complete and cohesive full renovation by Twenty9, Inc., featuring 7' oak hardwood floors throughout, formal entry, laundry room with 1.25" quartz folding counter and cabinetry, and full size side by side LG Thin Q brand washer and dryer. Residence 41F is set apart as a 2 full bedroom northwest corner home with a separate enclosed den with built in quartz desk and cabinetry, split bedroom and bathroom floor plan. Classic designed windows, picturesque and captivating, "wide screen movie" framing finished with 1..25" timeless statuary marble window seats. Enjoy views of Lake Michigan, Palmolive, the quintessential triumvirate views of the John Hancock Center, Water Tower Place and One Mag Mile along with the buildings of yesteryear including the Palmolive Building, formerly the Playboy building built in 1929 and the Original Chicago Waterworks buildings that survived the Great Chicago Fire. Enjoy the sunsets and western, open city skyline views. Completely open kitchen to living spaces including a separate dining area easily accommodating 8, soft close-Blum cabinetry dressed in gold hardware, built in waste and recycle, single deep stainless steel sink with disposal, Brizzo gold faucet with spray function and soap dispenser. All stainless steel Bosch appliances. Refrigerator with ice and water dispenser. Smooth range, 5 burner cooktop, vented out culinary hood, under counter beverage center, 1.25" quartz counters with waterfall edge, full height slab quartz backsplash from counter to ceiling. Open shelving, LED recessed can lighting. Second bathroom with rain shower, soaking tub, niches for bathing accoutrements, quartz counters, Blum cabinetry with gold hardware, wall hung mirror. Vertical Shiplap wall treatment. Edged, dimensional subway tile. Intricate, stone carpet marble flooring tile patterned design. All Kohler plumbing fixtures. Sumptuous primary suite with his and hers walk-in closets each outfitted as all closets throughout the residence are outfitted, incredible accommodations for a king size bed, night stands and other bedroom furniture. Built in bedroom sconces. Stunning primary bathroom resembles a spa oasis featuring large format white porcelain with grey veining, hexagon inlay, white and gray marble flooring, dual vanity, with storage tower on 1.25" quartz counter between under counter his and her sinks. All Blum cabinetry. Oversized shower with Infinity Drain, built in bench, dual niches, dressed in slab porcelain, futuristic, portal body sprays, knee wall and smoked glass partition which separates Kohler toilet from dual vanity. Olympia Center is a full amenity building with a complete gym and cardio theater room, 75' indoor lap pool, whirlpool, sundeck and observatory roof deck on top of the building, 24 hour doorstaff team and concierge, entertainment/hospitality suite with caterer's kitchen, onsite management, maintenance and engineering staff. Timeless lobby, impeccable personnel services, curb cut for deliveries and drop offs at the front door. Plenty of parking for multiple cars for residents and plenty of guest parking within the building. Please bring your most discriminating buyers. Residence 41F is nothing shy of 12 out of 10.

Last Agent to Sell the Property

Nicholas Colagiovanni

Baird & Warner License #475132688 Listed on: 06/07/2024

Baird & Warner

Last Buyer's Agent

Linda Shaughnessy

Jameson Sotheby's Intl Realty License #475092906

Jameson Sotheby's Intl Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $15,130

Year Built

  • Built in 1985

Lot Details

  • 0.74

HOA Fees

  • $1,574 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Leased Parking
  • Heated Garage
  • Driveway

Home Design

  • Reinforced Caisson Foundation
  • Asphalt Roof
  • Marble or Granite Building Materials

Interior Spaces

  • 1,904 Sq Ft Home
  • Entrance Foyer

Kitchen

  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Utilities

  • Central Air
  • Baseboard Heating
  • 200+ Amp Service
  • Lake Michigan Water

Additional Features

  • Rooftop Deck
  • End Unit

Community Details

Overview

  • Association fees include air conditioning, water, insurance, doorman, tv/cable, exercise facilities, pool, exterior maintenance, scavenger, snow removal
  • 292 Units
  • Unissa Kahn Association, Phone Number (312) 751-8174
  • Property managed by First Service Residential
  • 63-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

Property Details

Home Type

Condominium

Est. Annual Taxes

$15,130

Year Built

Built in 1985

Lot Details

0.74 Acres

HOA Fees

$1,574 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 1985
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 41
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 63

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Cooktop
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Laundry Hook-Up in Unit
  • LivingArea: 1904
  • Room Type: Foyer, Walk In Closet
  • Stories Total: 63
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate,L-shaped
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Builder

Exterior Features

  • ExteriorFeatures: Roof Deck, End Unit
  • Foundation Details: Reinforced Caisson
  • Lot Features: Corner Lot
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Marble/Granite

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Driveway: Concrete
  • Garage Details: Heated
  • Garage On-Site: Yes
  • Garage Ownership: Fee/Leased
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers, 200+ Amp Service
  • 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: 1574
  • Association Amenities: Bike Room/Bike Trails, Door Person, Coin Laundry, Elevator(s), Exercise Room, Storage, On Site Manager/Engineer, Party Room, Sundeck, Indoor Pool, Receiving Room, Sauna, Service Elevator(s), Valet/Cleaner, Spa/Hot Tub
  • 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 Kahn
  • Management Phone: 312-751-8174
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • Special Assessments: Y

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: 15130.32
  • Tax Year: 2023
  • Tax Exemptions: None

Multi Family

  • Units in Building: 292

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2024
Closed on
Aug 28, 2024
Sold by
Freeman Sean
Bought by
Mims Verett A
Seller's Agent
Nicholas Colagiovanni
Baird & Warner
Buyer's Agent
Linda Shaughnessy
Jameson Sotheby's Intl Realty
List Price
$995,000
Sold Price
$960,000
Premium/Discount to List
-$35,000
-3.52%
Views
16
Current Estimated Value
$825,761

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$134,239
Avg. Annual Appreciation
-9.20%
Original Mortgage
$480,000
Outstanding Balance
$473,851
Interest Rate
7%
Mortgage Type
New Conventional
Estimated Equity
$351,910

Purchase Details

Listed on
Aug 31, 2023
Closed on
Feb 5, 2024
Sold by
Nicholas Karos Trust and Karos Nicholas
Bought by
Freeman Sean
Seller's Agent
Michael Maier
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Nicholas Colagiovanni
Baird & Warner
List Price
$599,000
Sold Price
$563,325
Premium/Discount to List
-$35,675
-5.96%
Views
52

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
163.59%
Original Mortgage
$422,493
Interest Rate
5.89%
Mortgage Type
Construction
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
Mims Verett A $960,000 Chicago Title
Freeman Sean $563,500 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mims Verett A $480,000
Previous Owner Freeman Sean $422,493
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/29/2024 08/29/24 Sold $960,000 -3.5% $504 / Sq Ft
07/16/2024 07/16/24 Pending -- -- --
06/07/2024 06/07/24 For Sale $995,000 +76.6% $523 / Sq Ft
02/12/2024 02/12/24 Sold $563,325 -6.0% $296 / Sq Ft View Prior Sale
12/06/2023 12/06/23 Pending -- -- --
12/05/2023 12/05/23 For Sale $599,000 0.0% $315 / Sq Ft
11/16/2023 11/16/23 Pending -- -- --
08/31/2023 08/31/23 For Sale $599,000 -- $315 / 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 $15,130 $63,564 $2,316 $61,248
2024 $15,130 $63,564 $2,316 $61,248
2023 $14,750 $71,712 $1,898 $69,814
2022 $14,750 $71,712 $1,898 $69,814
2021 $14,420 $71,711 $1,897 $69,814
2020 $16,463 $73,902 $1,440 $72,462
2019 $16,120 $80,233 $1,440 $78,793
2018 $15,849 $80,233 $1,440 $78,793
2017 $16,645 $77,322 $1,227 $76,095
2016 $15,487 $77,322 $1,227 $76,095
2015 $14,169 $77,322 $1,227 $76,095
2014 $11,493 $61,942 $960 $60,982
2013 $11,266 $61,942 $960 $60,982
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12069806

Midwest Real Estate Data (MRED)

APN: 17-10-200-068-1136

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