NOT LISTED FOR SALE

Olympia Centre 161 E Chicago Ave Unit 41G Chicago, IL 60611

Magnificent Mile Neighborhood

Estimated Value: $350,180 - $812,000

1 Bed
1 Bath
873 Sq Ft
0.74 Acre Lot

Highlights

  • Double Oven
  • 5-minute walk to Chicago Avenue Station (Red Line)
  • Heating Available
  • Attached Garage
  • Central Air
  • 1-minute walk to Seneca Park

About This Home

Popular one bedroom facing North with beautiful views down Michigan ave and lake. Great opportunity to live in a top luxury building for a great price. This unit is in original condition. Two doormen, concierge, indoor swimming pool, exercise rooms. Parking available. Top Gold Coast location steps away from shops, restaurants and theatre. W/D in-unit.

Last Agent to Sell the Property

Pamela Miles

Berkshire Hathaway HomeServices Chicago License #475067321 Listed on: 05/05/2015

Berkshire Hathaway HomeServices Chicago

Last Buyer's Agent

Vera Perner

Baird & Warner License #475137333

Baird & Warner

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
Collateral Analytics

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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Condominium

Year Built

  • 1985

Lot Details

  • 0.74

HOA Fees

  • $549 per month

Parking

  • Attached Garage

Home Design

  • Aluminum Siding
  • Vinyl Siding

Kitchen

  • Double Oven
  • Microwave
  • Dishwasher
  • Disposal

Laundry

  • Dryer
  • Washer

Utilities

  • Central Air
  • Heating Available

Additional Features

  • Primary Bathroom is a Full Bathroom
  • North or South Exposure

Community Details

  • Pets Allowed

Listing and Financial Details

  • $1,000 Seller Concession

Property Details

Home Type

Condominium

Year Built

1985

Lot Details

0.74 Acres

HOA Fees

$549 per month

Parking

2

Listing Details

  • Property Type: Attached Single
  • Unit Floor Level: 41
  • Age: 26-30 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: 62
  • Year Built: 1985

Interior Features

  • Number Of Rooms: 4
  • Living Room: Dimensions: 19X20, On Level: Main Level
  • Appliances: Oven-Double, Microwave, Dishwasher, Washer, Dryer, Disposal
  • Bedrooms All Levels: 1
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 1
  • Dining Room: Dimensions: COMBO, On Level: Main Level
  • Kitchen Type: Dimensions: 8X8, On Level: Main Level
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 11X16, On Level: Main Level
  • Estimated Sq Ft: 873
  • Dining Room Type: Combined w/ LivRm

Exterior Features

  • Exterior Building Type: Aluminum Siding, Vinyl Siding
  • Exposure: N (North)

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Garage Ownership: Fee/Leased

Utilities

  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Electric

Condo/Co-op/Association

  • Max Pet Weight: 30
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Pet Information: Cats OK, Dogs OK, Pet Count Limitation, Pet Weight Limitation
  • Common Area Amenities: Bike Room/Bike Trails, Coin Laundry, Elevator, Exercise Room, Storage, On Site Manager/Engineer, Pool-Indoors, Service Elevator
  • Assessment Includes: Doorman, Pool, Exterior Maintenance, Scavenger, Snow Removal
  • Assessment Association Fees: 549
  • Management Contact Name: Margie
  • Management Phone: 312-346-8600

Fee Information

  • Management Company: Draper & Kramer
  • Lowest Parking Fee: 350
  • Highest Parking Fee: 400
  • Lease Amount: 350

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: PER SURVEY
  • Parcel Identification Number: 17102000681137

Multi Family

  • Total Number Unitsin Building: 292
  • Number Stories: 62

Tax Info

  • Taxes: 4347.61

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

Closed on
Nov 18, 2020
Sold by
Chandra Sandeep and Chandra Madhulika Saxena
Bought by
Current Estimated Value
$509,545

Purchase Details

Listed on
May 5, 2015
Closed on
Aug 3, 2015
Sold by
Banta Merle
Bought by
Chandra Sandeep and Saxena Chandra Madhulika
Seller's Agent
Pamela Miles
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Vera Perner
Baird & Warner
List Price
$430,000
Sold Price
$405,000
Premium/Discount to List
-$25,000
-5.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.10%
Original Mortgage
$283,500
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 26, 1999
Sold by
Kelly Marilyn
Bought by
Banta Merhe H and Banta Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.5%
Mortgage Type
Balloon
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

  • Daniel O'Donoghue Real Estate Agent - Compass

    Daniel O'Donoghue

    Compass

    (877) 606-5979

    53 Total Sales

    1 in Magnificent Mile

    $625,000 Price

    Daniel O'Donoghue
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  • Jennifer Evans Piet Real Estate Agent - @properties Christie's International Real Estate

    Jennifer Evans Piet

    @properties Christie's International Real Estate

    (708) 853-6142

    75 Total Sales

    1 in Magnificent Mile

    $1,480,000 Price

    Jennifer Evans Piet
     Section Image
  • Kara Moll Real Estate Agent - Keller Williams ONEChicago

    Kara Moll

    Keller Williams ONEChicago

    (708) 401-6516

    144 Total Sales

    1 in Magnificent Mile

    $310,000 Price

    Kara Moll
     Section Image
  • Monica Vargas Real Estate Agent - GREAT HOMES REAL ESTATE, INC.

    Monica Vargas

    GREAT HOMES REAL ESTATE, INC.

    (224) 246-8148

    178 Total Sales

    1 in Magnificent Mile

    $1,125,000 Price

    Monica Vargas
     Section Image
  • Cecil Sabu Real Estate Agent - ALLURE Real Estate

    Cecil Sabu

    Responds Quickly

    ALLURE Real Estate

    (312) 854-7471

    78 Total Sales

    1 in Magnificent Mile

    $800,000 Price

    Cecil Sabu
     Section Image
  • Sara Poss Real Estate Agent - @properties Christie's International Real Estate

    Sara Poss

    @properties Christie's International Real Estate

    (224) 261-7186

    45 Total Sales

    1 in Magnificent Mile

    $750,000 Price

    Sara Poss
     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
-- Attorneys Ttl Guaranty Fund
Chandra Sandeep $405,000 Attorney
Banta Merhe H $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
Open $276,600
Closed Chandra Sandeep $283,500
Previous Owner Banta Merle H $186,000
Closed Banta Merhe H $200,000
Source: Public Records

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 $6,865 $29,156 $1,062 $28,094
2024 $6,865 $29,156 $1,062 $28,094
2023 $6,692 $32,536 $870 $31,666
2022 $6,692 $32,536 $870 $31,666
2021 $6,543 $32,535 $870 $31,665
2020 $7,551 $33,897 $660 $33,237
2019 $7,394 $36,801 $660 $36,141
2018 $7,269 $36,801 $660 $36,141
2017 $7,635 $35,466 $562 $34,904
2016 $7,103 $35,466 $562 $34,904
2015 $6,499 $35,466 $562 $34,904
2014 $4,455 $28,412 $440 $27,972
2013 $4,348 $28,412 $440 $27,972
Source: Public Records

Agents Affiliated with this Home

  • Pamela Miles Real Estate Agent - Berkshire Hathaway HomeServices Chicago

    Seller's Agent in 2015

    Pamela Miles

    Berkshire Hathaway HomeServices Chicago

    (312) 944-8900

    13 in this area

    14 Total Sales

    Pamela Miles
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  • VP

    Buyer's Agent in 2015

    Vera Perner

    Baird Warner

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About Olympia Centre

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08912258

Midwest Real Estate Data (MRED)

APN: 17-10-200-068-1137

Illinois Cook County Chicago 60611 Magnificent Mile

161 E Chicago Ave Unit 41G, 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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