Seller's Agent in 2021
Stephen Bognar Jr
Baird Warner
(312) 342-6466
4 in this area
22 Total Sales
Olympia Centre 161 E Chicago Ave Unit 46A Chicago, IL 60611
Magnificent Mile NeighborhoodEstimated Value: $922,000 - $1,220,000
2
Beds
3.5
Baths
2,578
Sq Ft
$1,891/mo
HOA Fee
Highlights
- Doorman
- 5-minute walk to Chicago Avenue Station (Red Line)
- Lock-and-Leave Community
- Fitness Center
- Waterfront
- 2-minute walk to Seneca Park
About This Home
As of July 2021Spectacular views from every room of this North East corner unit at Olympia Centre. One of Chicago's best buildings for its location, stunning views and remarkable service. A gracious foyer sets the stage for the discovery of this wonderful home. The living space has wrap around views and showcase the city's amazing architecture, it is perfect for entertaining or quiet reflection. Currently the 3rd bedroom is open to the living room and functions as a study or family room and can easily be put back into service as a bedroom. This 2500+ sq. ft. home is beautifully appointed with new baths and an eat-in kitchen that is fully equipped with top appliances and ample counter and storage space. The master suite is large and has a private sitting area along with two separate baths one with a large shower and the other with a deep soaking tub. Both baths have been recently updated with marble and new fixtures, and the suite has twin walk-in closets. The 2nd bedroom has great closet space & wonderful views and access to a full bath. This home has an abundance of storage, a separate laundry rm and powder rm. 161 Chicago is a full service bldg w/24 hour doorstaff, concierge, pool, party room, fitness centers, sundeck & more! Steps from the lake & Michigan Ave shopping & dining.
Last Agent to Sell the Property
Baird & Warner License #475140214 Listed on: 07/30/2020
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $22,352
Year Built
- Built in 1985
Lot Details
- Waterfront
HOA Fees
- $1,891 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Leased Parking
- Heated Garage
- Garage Transmitter
- Garage Door Opener
Home Design
- Marble or Granite Building Materials
Interior Spaces
- 2,578 Sq Ft Home
- Built-In Features
- Bar Fridge
- Dry Bar
- Entrance Foyer
- Combination Dining and Living Room
- Breakfast Room
- Storage
- Gallery
Kitchen
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- Walk-In Closet
- Soaking Tub
- Separate Shower
Laundry
- Laundry in unit
- Dryer
- Washer
Schools
- Ogden International Elementary And Middle School
Utilities
- Central Air
- Heating Available
- Lake Michigan Water
Community Details
Overview
- Association fees include air conditioning, water, insurance, security, doorman, tv/cable, clubhouse, exercise facilities, pool, exterior maintenance, scavenger, snow removal
- 292 Units
- Property Manager Association, Phone Number (312) 751-8174
- High-Rise Condominium
- Property managed by 161 Chicago Ave Association
- Lock-and-Leave Community
- 63-Story Property
Amenities
- Doorman
- Valet Parking
- Sundeck
- Common Area
- Party Room
- 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
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 30, 2020
Closed on
Jun 11, 2021
Sold by
Vacendak Gretchen W and Gretchen W Vacendak Revocable
Bought by
Chicago Title Land Trust Company and Trust Number 8002386508
Seller's Agent
Stephen Bognar Jr
Baird & Warner
Buyer's Agent
Monica Canellis
Jameson Sotheby's Intl Realty
Sold Price
$950,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,441
Avg. Annual Appreciation
2.82%
Original Mortgage
$550,000
Outstanding Balance
$498,810
Interest Rate
2.87%
Mortgage Type
New Conventional
Estimated Equity
$568,631
Purchase Details
Closed on
Apr 2, 2003
Sold by
Caitung Richard
Bought by
Vacendak Gretchen W and Gretchen W Vacendak Revocable Trust
Purchase Details
Closed on
Aug 27, 1999
Sold by
Golden States Food Corp
Bought by
Caitung Richard
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Chicago Title Land Trust Company | $950,000 | Chicago Title | |
| Vacendak Gretchen W | $1,462,500 | Multiple | |
| Vacendak Gretchen W | $1,462,500 | Multiple | |
| Caitung Richard | $1,025,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Chicago Title Land Trust Company | $550,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/08/2021 07/08/21 | Sold | $950,000 | -10.8% | $369 / Sq Ft |
| 05/11/2021 05/11/21 | Pending | -- | -- | -- |
| 05/11/2021 05/11/21 | For Sale | -- | -- | -- |
| 02/10/2021 02/10/21 | Price Changed | $1,065,000 | -8.6% | $413 / Sq Ft |
| 07/30/2020 07/30/20 | For Sale | $1,165,000 | -- | $452 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $21,014 | $88,136 | $3,211 | $84,925 |
| 2023 | $20,486 | $99,600 | $2,631 | $96,969 |
| 2022 | $20,486 | $99,600 | $2,631 | $96,969 |
| 2021 | $20,028 | $99,599 | $2,631 | $96,968 |
| 2020 | $22,828 | $102,472 | $1,997 | $100,475 |
| 2019 | $22,352 | $111,250 | $1,997 | $109,253 |
| 2018 | $21,976 | $111,250 | $1,997 | $109,253 |
| 2017 | $23,080 | $107,212 | $1,701 | $105,511 |
| 2016 | $21,473 | $107,212 | $1,701 | $105,511 |
| 2015 | $19,646 | $107,212 | $1,701 | $105,511 |
| 2014 | $15,935 | $85,887 | $1,331 | $84,556 |
| 2013 | $15,621 | $85,887 | $1,331 | $84,556 |
Source: Public Records
Agents Affiliated with this Home
-
Stephen Bognar Jr
-
Ginger Menne
Seller Co-Listing Agent in 2021
Ginger Menne
Baird Warner
(312) 927-0852
4 in this area
58 Total Sales
-
Monica Canellis
Buyer's Agent in 2021
Monica Canellis
Jameson Sotheby's Intl Realty
(312) 493-3541
3 in this area
22 Total Sales
About Olympia Centre
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 10800920
APN: 17-10-200-068-1171
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