NOT LISTED FOR SALE

Olympia Centre 161 E Chicago Ave Unit 46E Chicago, IL 60611

Magnificent Mile Neighborhood

Estimated Value: $774,000 - $873,000

2 Beds
2 Baths
2,143 Sq Ft
0.74 Acres Lot

Sale Details

Date Sold: May 25, 2022

Last sale price $725,000 $338 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $7,333 / mo

166 Days on Market

Highlights

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

About This Home

As of May 2022

Fabulous day views of the skyline and lake, beautiful sunsets and sparkling night views of the city from this spacious SW corner unit in Olympia Centre. Features of this home include beautiful hardwood floors, huge picture windows, tons of storage space with multiple walk-in closets, and a laundry room with a side-by-side washer/dryer. Gracious gallery leads to a large living/dining room that is perfect for entertaining. White kitchen with granite countertops, stainless steel appliances, and ample cabinet space opens to a breakfast area with city views. Generous primary bedroom suite has 2 walk-in closets and marble bath with double sinks, whirlpool tub and separate shower. This split bedroom floor plan has a large second bedroom and bath. Fantastic full-amenity building with a service-oriented door staff, concierge, indoor pool, 2 exercise rooms, party room with kitchen, roofdeck with spectacular views, on-site management, bicycle room, and storage locker. Unbeatable location close to transportation, the lake, shopping and restaurants. On-site rental parking available.

Last Agent to Sell the Property

Eudice Fogel

Compass License #475121753 Listed on: 09/30/2021

Compass

Co-Listed By

Jayme Slate

Compass License #475133738

Last Buyer's Agent

Camille Canales

Compass License #475167459

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $17,025

Year Built

  • Built in 1985

Lot Details

  • 0.74

HOA Fees

  • $1,513 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Leased Parking
  • Heated Garage

Home Design

  • Marble or Granite Building Materials

Interior Spaces

  • 2,143 Sq Ft Home
  • Bookcases
  • Entrance Foyer
  • Combination Dining and Living Room
  • Breakfast Room
  • Gallery
  • Wood Flooring

Kitchen

  • Built-In Oven
  • Cooktop with Range Hood
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Schools

  • Ogden Elementary School

Utilities

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

Additional Features

  • Rooftop Deck
  • End Unit

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include air conditioning, water, insurance, doorman, tv/cable, exercise facilities, pool, exterior maintenance, scavenger, snow removal, internet
  • 291 Units
  • Cathy Lewandowski Association, Phone Number (312) 751-8174
  • High-Rise Community
  • Olympia Centre Subdivision
  • Property managed by FirstService 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
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$17,025

Year Built

Built in 1985

Lot Details

0.74 Acres

HOA Fees

$1,513 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,High Rise (7+ Stories)
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,High Rise (7+ Stories)
  • Subdivision Name: Olympia Centre
  • Year Built: 1985
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 46
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 63

Interior Features

  • Appliances: Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Cooktop, Built-In Oven, Range Hood
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit, Walk-In Closet(s), Bookcases
  • LivingArea: 2143
  • Other Equipment: TV-Cable, Fire Sprinklers
  • Room Type: Gallery, Breakfast Room, Foyer
  • Stories Total: 63
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Whirlpool,Separate Shower,Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Roof Deck, End Unit
  • Waterfront: No
  • Exterior Building Type: Marble/Granite

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • 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: 1513
  • 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,Monday through Friday
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: FirstService Residential
  • Management Contact Name: CATHY LEWANDOWSKI
  • 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, Internet

Schools

  • Elementary School: Ogden Elementary

Lot Info

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

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: 17024.9
  • Tax Year: 2020
  • Tax Exemptions: Homeowner,Senior

Multi Family

  • Units in Building: 291

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2021
Closed on
May 6, 2022
Sold by
Litowitz Norman and Litowitz Bonnie
Bought by
Margvelashvili Zurab and Mirzashvili Ana
Seller's Agent
Eudice Fogel
Compass
Buyer's Agent
Camille Canales
Compass
List Price
$775,000
Sold Price
$725,000
Premium/Discount to List
-$50,000
-6.45%
Current Estimated Value
$816,516

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,516
Avg. Annual Appreciation
3.01%
Original Mortgage
$652,500
Outstanding Balance
$608,270
Interest Rate
3.88%
Mortgage Type
New Conventional
Estimated Equity
$208,246
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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
Margvelashvili Zurab $725,000 None Listed On Document
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 Margvelashvili Zurab $652,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/25/2022 05/25/22 Sold $725,000 -6.5% $338 / Sq Ft
03/16/2022 03/16/22 Pending -- -- --
09/30/2021 09/30/21 For Sale $775,000 -- $362 / 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 $16,812 $70,536 $2,570 $67,966
2024 $16,812 $70,536 $2,570 $67,966
2023 $15,122 $79,680 $2,106 $77,574
2022 $15,122 $79,680 $2,106 $77,574
2021 $14,817 $79,679 $2,105 $77,574
2020 $17,025 $82,008 $1,598 $80,410
2019 $16,648 $89,033 $1,598 $87,435
2018 $17,587 $89,033 $1,598 $87,435
2017 $18,471 $85,802 $1,361 $84,441
2016 $17,185 $85,802 $1,361 $84,441
2015 $15,723 $85,802 $1,361 $84,441
2014 $12,753 $68,736 $1,065 $67,671
2013 $12,501 $68,736 $1,065 $67,671
Source: Public Records

Agents Affiliated with this Home

  • Eudice Fogel

    Seller's Agent in 2022

    Eudice Fogel

    Compass

    (312) 576-1200

    2 in this area

    163 Total Sales

    Eudice Fogel
    Section Image

  • J

    Seller Co-Listing Agent in 2022

    Jayme Slate

    Compass

    (312) 319-1168

    2 in this area

    88 Total Sales

    Jayme Slate
    Section Image
  • Camille Canales

    Buyer's Agent in 2022

    Camille Canales

    Compass

    (773) 377-9200

    1 in this area

    331 Total Sales

    Camille Canales
    Section Image
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About Olympia Centre

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11231331

Midwest Real Estate Data (MRED)

APN: 17-10-200-068-1296

Illinois Cook County Chicago 60611 Magnificent Mile

161 E Chicago Ave Unit 46E, 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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