NOT LISTED FOR SALE

Olympia Centre 161 E Chicago Ave Unit 54C Chicago, IL 60611

Magnificent Mile Neighborhood

Estimated Value: $653,000 - $839,000

2 Beds
2.5 Baths
1,850 Sq Ft
32,017 Sq Ft Lot

Last Sold April 07, 2023

Last sale price $720,000 $389 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $7,083/month

202 Days on Market

Highlights

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

About This Home

As of April 2023

*100% COMPLETE GUT REHAB OF 2 BED + OFFICE EXQUISITELY DESIGNED BY FRANK PERRY!!* SPECTACULAR SOUTHERN VIEWS OF THE CHICAGO SKYLINE & LAKE FROM EVERY WINDOW! OVERSIZED panoramic windows flood the unit with sunlight! Sophisticated finishes throughout include custom Lutron lighting, automatic blinds, custom millwork/ paneling, and Calcutta marble window seats. Stunning designer kitchen with European cabinetry, integrated professional grade stainless steel appliances, tons of storage. CUSTOM OFFICE WITH BUILT-INS PERFECT FOR REMOTE WORK! Oversized Primary Bedroom accommodates king bed and sitting area, huge walk-in closets, en-suite marble spa bath, and stunning views. 2nd Bedroom with custom millwork is currently being used as a den, but can EASILY be re-enclosed as a bedroom. Olympia Center is one of the finest luxury buildings in Chicago, steps from some of the best restaurants, shopping, and entertainment in the city! Building amenities include 24/7 door staff, fitness center, health club, indoor pool and sauna to name a few. This one of a kind home is a MUST-SEE!!

Last Agent to Sell the Property

Eugene Fu

@properties Christie's International Real Estate License #475133483 Listed on: 08/12/2022

@properties Christie's International Real Estate

Last Buyer's Agent

Matt Laricy

Americorp, Ltd License #471003711

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $15,889

Year Built

  • Built in 1984 | Remodeled in 2006

Lot Details

  • 0.74

HOA Fees

  • $1,579 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Leased Parking

Home Design

  • Marble or Granite Building Materials

Interior Spaces

  • 1,850 Sq Ft Home
  • Living Room
  • Dining Room
  • Home Office
  • Storage
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • High End Refrigerator
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Whirlpool Bathtub
  • Shower Body Spray
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Schools

  • Wells Community Academy Senior H High School

Utilities

  • Central Air
  • Heating Available
  • Lake Michigan Water
  • Cable TV Available

Community Details

Overview

  • Association fees include air conditioning, water, insurance, doorman, tv/cable, clubhouse, exercise facilities, pool, exterior maintenance, lawn care, scavenger, snow removal, internet
  • 292 Units
  • Cathy Or Anita Association, Phone Number (312) 751-8174
  • High-Rise Condominium
  • Olympia Centre Subdivision
  • Property managed by First Service Residential
  • 64-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
  • Carbon Monoxide Detectors
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$15,889

Year Built

Built in 1984 | Remodeled in 2006

Lot Details

0.74 Acres

HOA Fees

$1,579 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: 1984
  • 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): Yes
  • Unit Floor Level: 54
  • Rehab Year: 2006
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 64
  • Year Renovated: 2006

Interior Features

  • Appliances: Range, Microwave, Dishwasher, High End Refrigerator, Washer, Dryer, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 2
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit, Storage, Walk-In Closet(s)
  • LivingArea: 1850
  • Other Equipment: TV-Cable, Fire Sprinklers, CO Detectors
  • Room Type: Office
  • Stories Total: 64
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Whirlpool,Separate Shower,Double Sink,Full Body Spray Shower
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Marble/Granite

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage On-Site: Yes
  • Garage Ownership: Fee/Leased
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Electric
  • Laundry Features: In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit, Size Limit
  • Association Fee: 1579
  • Association Amenities: Bike Room/Bike Trails, Door Person, Coin Laundry, Elevator(s), Exercise Room, Storage, Health Club, 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: Cathy or Anita
  • Management Phone: 312-751-8174
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • High School: Wells Community Academy Senior H

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: U

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: 15889.17
  • Tax Year: 2021
  • Tax Exemptions: None

Multi Family

  • Units in Building: 292

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2022
Closed on
Mar 17, 2023
Sold by
Mary C Meixner Trust
Bought by
Abdel-Rahman Susan M
Seller's Agent
Eugene Fu
@properties Christie's International Real Estate
Buyer's Agent
Matt Laricy
Americorp, Ltd
List Price
$800,000
Sold Price
$720,000
Premium/Discount to List
-$80,000
-10%
Views
6
Current Estimated Value
$782,287

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,287
Avg. Annual Appreciation
2.85%

Purchase Details

Closed on
Apr 1, 2011
Sold by
Meixner Robert and Meixner Mary C
Bought by
Meixner Mary C and The Mary C Meixner Trust

Purchase Details

Closed on
May 20, 2005
Sold by
Cullinan Stephen A and Falcon Cullinan Theresa S
Bought by
Meixner Robert

Purchase Details

Closed on
May 30, 2003
Sold by
Adelman Steven H and Adelman Pamela B
Bought by
Cullinan Md Stephen A and Cullinan Md Theresa S Falcon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$552,500
Interest Rate
3.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 24, 2001
Sold by
Revocab Lorie James H
Bought by
Adelman Steven H and Adelman Pamela B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
7.06%

Purchase Details

Closed on
Sep 2, 1999
Sold by
Panem Sandra
Bought by
Metzenberg Francelle W and Francelle W Metzenberg Trust
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
Abdel-Rahman Susan M $720,000 None Listed On Document
Meixner Mary C -- None Available
Meixner Robert $925,000 Chicago Title Insurance Comp
Cullinan Md Stephen A $850,000 --
Cullinan Md Stephen A $850,000 --
Adelman Steven H $835,000 --
Metzenberg Francelle W -- Professional National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cullinan Md Stephen A $552,500
Previous Owner Adelman Steven H $500,000
Closed Cullinan Md Stephen A $42,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/07/2023 04/07/23 Sold $720,000 -10.0% $389 / Sq Ft
03/03/2023 03/03/23 Pending -- -- --
10/31/2022 10/31/22 For Sale $800,000 0.0% $432 / Sq Ft
10/01/2022 10/01/22 Pending -- -- --
09/28/2022 09/28/22 Price Changed $800,000 -8.6% $432 / Sq Ft
08/12/2022 08/12/22 Price Changed $875,000 +2.9% $473 / Sq Ft
08/12/2022 08/12/22 For Sale $850,000 -- $459 / 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 $16,671 $69,812 $2,544 $67,268
2024 $16,671 $69,812 $2,544 $67,268
2023 $16,252 $79,016 $2,084 $76,932
2022 $16,252 $79,016 $2,084 $76,932
2021 $15,889 $79,015 $2,084 $76,931
2020 $18,081 $81,166 $1,582 $79,584
2019 $17,704 $88,119 $1,582 $86,537
2018 $17,407 $88,119 $1,582 $86,537
2017 $18,281 $84,920 $1,347 $83,573
2016 $17,009 $84,920 $1,347 $83,573
2015 $15,561 $84,920 $1,347 $83,573
2014 $12,622 $68,029 $1,054 $66,975
2013 $12,373 $68,029 $1,054 $66,975
Source: Public Records

Agents Affiliated with this Home

  • Eugene Fu

    Seller's Agent in 2023

    Eugene Fu

    @ Properties

    (312) 804-3738

    27 in this area

    403 Total Sales

    Eugene Fu
    Section Image
  • Matt Laricy

    Buyer's Agent in 2023

    Matt Laricy

    Americorp, Ltd

    (708) 250-2696

    53 in this area

    2,560 Total Sales

    Matt Laricy
    Section Image
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About Olympia Centre

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11490424

Midwest Real Estate Data (MRED)

APN: 17-10-200-068-1237

Illinois Cook County Chicago 60611 Magnificent Mile

161 E Chicago Ave Unit 54C, Chicago, IL

Not Listed for Sale

Condos

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) Based on information submitted to the MLS GRID. 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.
Based on information submitted to the MLS GRID

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