$575,000
$24K PRICE DROP

Estimated payment $5,642/month

Total Views 892,830
1 Bed
1.5 Baths
1,456 Sq Ft
$395 Price per Sq Ft

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

Perched high above the city, this 1,456 sq. ft. residence offers sweeping northeast views of Chicago's skyline, Lake Shore Drive, and Lake Michigan through oversized picture windows. The expansive living and dining room, finished with hardwood floors, seamlessly opens to a chef's custom kitchen featuring stainless steel appliances, abundant cabinetry, and a sleek design perfect for both everyday living and entertaining. The luxurious primary suite boasts two fully organized walk-in closets, a built-in dressing cabinet, and a spa-inspired stone bath with a soaking tub, walk-in shower, and oversized vanity. For convenience, the home also includes a laundry closet and a stylish powder room. This residence is among the most spacious and desirable one-bedroom layouts in the city-an exceptional opportunity in the prestigious Olympia Centre. A full-size storage cage is just steps from the unit on the same floor. Located in the highly sought-after 161 E. Chicago Avenue building, residents enjoy full-service amenities, including 24-hour door and maintenance staff, concierge, an exercise room, and two cardio rooms, indoor pool, hot tub, hospitality suite, and a rooftop deck with panoramic views. Don't miss this opportunity to live in one of Chicago's finest buildings! Rental parking options are available in the attached garage.

Listing Agent

Michael Maier

Berkshire Hathaway HomeServices Chicago Brokerage Email: mmaier@bhhschicago.com License #475123451 Listed on: 09/19/2025

Berkshire Hathaway HomeServices Chicago

Co-Listing Agent

Pamela Miles

Berkshire Hathaway HomeServices Chicago Brokerage Email: mmaier@bhhschicago.com License #475067321

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,309

Year Built

  • Built in 1986

HOA Fees

  • $1,524 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Entry on the 56th floor
  • Asphalt Roof
  • Stone Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,456 Sq Ft Home
  • Built-In Features
  • Family Room
  • Combination Dining and Living Room
  • Storage Room

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • Walk-In Closet
  • Dual Sinks
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Deck

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Individual Controls for Heating
  • Baseboard Heating
  • 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
  • 291 Units
  • Aiman Barakat Association, Phone Number (312) 751-8174
  • High-Rise Condominium
  • H Tier
  • Property managed by First Service Residential
  • Lock-and-Leave Community
  • 63-Story Property

Amenities

  • Doorman
  • Sundeck
  • Common Area
  • Party Room
  • Coin Laundry
  • Elevator
  • Package Room
  • Community Storage Space

Recreation

  • Bike Trail

Pet Policy

  • Limit on the number of pets
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,309

Year Built

Built in 1986

Lot Details

0

HOA Fees

$1,524 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,High Rise (7+ Stories)
  • Ownership: Condo
  • EntryLevel: 56
  • New Construction: No
  • Property Sub-Type: Condo,High Rise (7+ Stories)
  • Year Built: 1986
  • 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
  • New Construction Y/N: No
  • Attribution Contact: mmaier@bhhschicago.com
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 63

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: None
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 1
  • Flooring: Hardwood
  • Interior Amenities: Storage, Built-in Features, Walk-In Closet(s)
  • LivingArea: 1456
  • Other Equipment: TV-Cable, Fire Sprinklers
  • Room Type: Walk In Closet, Storage
  • Stories Total: 63
  • Estimated Total Finished Sq Ft: 0
  • Bathroom Amenities: Separate Shower,Double Sink
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Flooring: Carpet

Exterior Features

  • Construction Materials: Glass, Stone, Marble/Granite
  • Foundation Details: Concrete Perimeter
  • Lot Features: Common Grounds
  • Patio And Porch Features: Deck
  • Roof: Asphalt
  • View: Water
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Heated Garage, On Site, Leased, Attached, Garage
  • ParkingTotal: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Zoned
  • Electric: Circuit Breakers
  • Heating: Electric, Baseboard, Indv Controls, Zoned
  • Laundry Features: Washer Hookup, Electric Dryer Hookup, In Unit, Laundry Closet
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit
  • Association Fee: 1524
  • 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, Security Door Lock(s)
  • Association Fee Frequency: Monthly
  • Management: Manager On-site,Monday through Friday
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: First Service Residential
  • Management Contact Name: Aiman Barakat
  • Management Phone: 312-751-8174

Fee Information

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

Lot Info

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

Rental Info

  • Lease Amount: 365
  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 13309.04
  • Tax Year: 2023
  • Tax Exemptions: None

Multi Family

  • Units in Building: 291

Matterport 3D Tour

Floorplan

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $13,309 $56,063 $2,043 $54,020
2023 $12,974 $63,080 $1,674 $61,406
2022 $12,974 $63,080 $1,674 $61,406
2021 $12,685 $63,079 $1,673 $61,406
2020 $14,520 $65,180 $1,270 $63,910
2019 $14,217 $70,764 $1,270 $69,494
2018 $13,978 $70,764 $1,270 $69,494
2017 $14,681 $68,196 $1,082 $67,114
2016 $13,659 $68,196 $1,082 $67,114
2015 $12,497 $68,196 $1,082 $67,114
2014 $10,136 $54,632 $847 $53,785
2013 $9,936 $54,632 $847 $53,785
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/15/2025 10/15/25 Price Changed $575,000 -4.0% $395 / Sq Ft
09/19/2025 09/19/25 For Sale $599,000 -- $411 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer $605,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $484,000 Unknown
Source: Public Records

About the Listing Agent

Michael Maier

Berkshire Hathaway HomeServices Chicago

(773) 832-5194

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As your trusted Luxury Real Estate Professional I look forward to sharing my knowledge through expert marketing and effective collaboration to exceed your expectations.
Whether working with buyers or sellers I strive to exceed their expectations.

More About Michael Maier....

Because your real estate is most likely the most valuable asset, it is important to work with a real estate professional you can trust and who understands what you are looking to accomplish in achieving

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Source: Midwest Real Estate Data (MRED)

MLS Number: 12460392

Midwest Real Estate Data (MRED)

APN: 17-10-200-068-1258