Seller's Agent in 2025
Pamela Sage
Baird Warner
(312) 640-7010
1 in this area
5 Total Sales
Olympia Centre 161 E Chicago Ave Unit 50A Floor 50 Chicago, IL 60611
Magnificent Mile Neighborhood
2
Beds
2.5
Baths
2,575
Sq Ft
$2,449/mo
HOA Fee
Highlights
- Doorman
- 5-minute walk to Chicago Avenue Station (Red Line)
- Lock-and-Leave Community
- Water Views
- Fitness Center
- 2-minute walk to Seneca Park
About This Home
As of October 2025Stunning and sophisticated renovation of a prime, corner 'A' unit with endless lake and city views to the North and East. Beautiful custom home incorporating the finest materials and fixtures. Gracious and open living spaces connect to a gorgeous chef's kitchen, which includes Wolf, Sub-Zero and Miele appliances. Custom bar area with wine fridge and built-in buffet. Large primary suite with 3 closets, a beautiful spa-like primary bath with large shower, white marble and beautiful appointments. Second bedroom with walk-in closet. State of the art technology, motorized shades, custom cabinets and closets, and exquisite millwork with cohesive lighting and precise attention to detail. Separate laundry room with side by side W/D. Amenities of Olympia Centre are yours to enjoy: concierge, attentive 24-hr door staff, fitness center, indoor pool, sundeck, sauna, Whirlpool and party room. Leased parking options available for additional cost. Pet friendly.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $21,575
Year Built
- Built in 1985 | Remodeled in 2015
HOA Fees
- $2,449 Monthly HOA Fees
Parking
- 1 Car Garage
Home Design
- Entry on the 50th floor
Interior Spaces
- 2,575 Sq Ft Home
- Bar Fridge
- Entrance Foyer
- Family Room
- Combination Dining and Living Room
- Storage
- Gallery
Kitchen
- Double Oven
- Cooktop with Range Hood
- Microwave
- High End Refrigerator
- Freezer
- Dishwasher
- Wine Refrigerator
- Stainless Steel Appliances
- Disposal
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- Walk-In Closet
- Dual Sinks
- Soaking Tub
- Double Shower
- Separate Shower
Laundry
- Laundry Room
- Dryer
- Washer
Schools
- Ogden Elementary School
Utilities
- Forced Air Zoned Heating and Cooling System
- Individual Controls for Heating
- Baseboard Heating
- Lake Michigan Water
Community Details
Overview
- Association fees include air conditioning, water, insurance, security, doorman, tv/cable, exercise facilities, pool, exterior maintenance, scavenger, snow removal
- 292 Units
- Unissa Khan Association, Phone Number (312) 751-8174
- Property managed by DK CONDOS
- Lock-and-Leave Community
- 63-Story Property
Amenities
- Doorman
- Valet Parking
- Sundeck
- Party Room
- Service Elevator
- Package Room
- Community Storage Space
- Elevator
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
Sep 17, 2024
Closed on
Sep 25, 2025
Sold by
Matula-Katapodi Family Trust and Matula Alan D
Bought by
Grant Gustafson And Jennifer Gustafson Trust and Gusafson
Seller's Agent
Pamela Sage
Baird & Warner
Buyer's Agent
David Mahoney
Jameson Sotheby's Intl Realty
List Price
$1,875,000
Sold Price
$1,400,000
Premium/Discount to List
-$475,000
-25.33%
Views
85
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-9.89%
Purchase Details
Closed on
Jun 25, 2024
Sold by
Matula Properties Management Trust and Matula Alan D
Bought by
Matula-Katapodi Family Trust and Matula
Purchase Details
Listed on
Mar 24, 2018
Closed on
Apr 30, 2018
Sold by
Jaffee Caryl Trotta
Bought by
Matula Alan D and Matula Arizona Management Trust
Seller's Agent
Leslie Glazier
@properties Christie's International Real Estate
Buyer's Agent
Pamela Sage
Baird & Warner
List Price
$2,095,000
Sold Price
$2,042,000
Premium/Discount to List
-$53,000
-2.53%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.11%
Original Mortgage
$1,500,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Listed on
Aug 26, 2014
Closed on
Dec 15, 2014
Sold by
Vardy Peter
Bought by
Caryl Trotta Jaffee Revocable Trust
Seller's Agent
Eugene Fu
@properties Christie's International Real Estate
Buyer's Agent
Leslie Glazier
@properties Christie's International Real Estate
List Price
$1,500,000
Sold Price
$1,260,000
Premium/Discount to List
-$240,000
-16%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.55%
Purchase Details
Closed on
Jun 4, 2002
Sold by
Vardy Peter and Vardy Lilian M
Bought by
Vardy Peter and Peter Vardy Revocable Trust
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $1,400,000 | None Listed On Document | |
| Deed | -- | None Listed On Document | |
| Deed | $2,042,000 | Chicago Title | |
| Warranty Deed | $1,260,000 | None Available | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $1,500,000 | Adjustable Rate Mortgage/ARM |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/01/2025 10/01/25 | Sold | $1,400,000 | -9.7% | $544 / Sq Ft | |
| 07/12/2025 07/12/25 | Pending | -- | -- | -- | |
| 06/17/2025 06/17/25 | Price Changed | $1,550,000 | -7.5% | $602 / Sq Ft | |
| 11/25/2024 11/25/24 | Price Changed | $1,675,000 | -10.7% | $650 / Sq Ft | |
| 09/17/2024 09/17/24 | For Sale | $1,875,000 | -8.2% | $728 / Sq Ft | |
| 04/30/2018 04/30/18 | Sold | $2,042,000 | -2.5% | $793 / Sq Ft | View Prior Sale |
| 03/31/2018 03/31/18 | Pending | -- | -- | -- | |
| 03/24/2018 03/24/18 | For Sale | $2,095,000 | +66.3% | $814 / Sq Ft | |
| 12/29/2014 12/29/14 | Sold | $1,260,000 | -13.1% | $502 / Sq Ft | View Prior Sale |
| 11/23/2014 11/23/14 | Pending | -- | -- | -- | |
| 10/21/2014 10/21/14 | Price Changed | $1,450,000 | -3.3% | $578 / Sq Ft | |
| 08/26/2014 08/26/14 | For Sale | $1,500,000 | -- | $598 / 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 | $21,575 | $90,081 | $3,282 | $86,799 |
| 2023 | $21,032 | $102,256 | $2,689 | $99,567 |
| 2022 | $21,032 | $102,256 | $2,689 | $99,567 |
| 2021 | $20,563 | $102,255 | $2,689 | $99,566 |
| 2020 | $23,331 | $104,733 | $2,041 | $102,692 |
| 2019 | $22,845 | $113,705 | $2,041 | $111,664 |
| 2018 | $22,461 | $113,705 | $2,041 | $111,664 |
| 2017 | $23,589 | $109,579 | $1,739 | $107,840 |
| 2016 | $21,947 | $109,579 | $1,739 | $107,840 |
| 2015 | $20,080 | $109,579 | $1,739 | $107,840 |
| 2014 | $16,287 | $87,783 | $1,361 | $86,422 |
| 2013 | $15,966 | $87,783 | $1,361 | $86,422 |
Source: Public Records
Agents Affiliated with this Home
-
Pamela Sage
-
David Mahoney
Buyer's Agent in 2025
David Mahoney
Jameson Sotheby's Intl Realty
(312) 751-0300
6 in this area
40 Total Sales
-
Leslie Glazier
Seller's Agent in 2018
Leslie Glazier
@ Properties
(312) 208-3444
4 in this area
175 Total Sales
-
Eugene Fu
Seller's Agent in 2014
Eugene Fu
@ Properties
(312) 804-3738
27 in this area
396 Total Sales
About Olympia Centre
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12165021
APN: 17-10-200-068-1203
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