Rose Alvarez
Compass
(773) 863-3498
85 Total Sales
2 in Magnificent Mile
$420K - $463K Price Range
180 E Pearson St Unit 4202 Chicago, IL 60611
Magnificent Mile NeighborhoodEstimated Value: $912,149
2
Beds
2
Baths
1,775
Sq Ft
1975
Built
Highlights
- Doorman
- Lock-and-Leave Community
- Wood Flooring
- Water Views
- Property is near park
- Elevator
About This Home
As of April 2026Welcome to the iconic Residences at Water Tower Place perfectly positioned just steps from Chicago's Magnificent Mile. Perched on the 42nd floor, this best priced floor plan offers soaring city and lake views from every room. This is a rare opportunity for design-forward buyers who want to create their own space and create equity. A gracious foyer leads into an expansive living and dining area-ideal for entertaining or simply taking in the dramatic skyline. The retro galley kitchen is functional and full of potential, ready for your designer's inspiration. The generous primary suite features extensive built-ins, a spa-sized bath, and closet space. The second bedroom has been opened to create a warm, inviting den and library adjoining the living room (easily restored to a full second bedroom if desired).Additional features include a large laundry room with extra storage and abundant closets throughout. This 5-star, pet-friendly building offers the concierge level service inc onsite management, 24-hour door staff, and seamless access to the Ritz-Carlton Hotel and Carlton Club. Garage parking is available for a fee.
Last Agent to Sell the Property
Coldwell Banker Realty License #475091422 Listed on: 02/15/2026
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Property Details
Home Type
- Condominium
Est. Annual Taxes
- $14,343
Year Built
- Built in 1975
HOA Fees
- $1,221 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Leased Parking
- Heated Garage
- Parking Available
Home Design
- Entry on the 42nd floor
- Marble or Granite Building Materials
Interior Spaces
- 1,775 Sq Ft Home
- Window Screens
- Entrance Foyer
- Family Room
- Living Room
- Formal Dining Room
- Water Views
Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
Location
- Property is near park
Schools
- Ogden Elementary
Utilities
- Humidifier
- Zoned Heating and Cooling System
- Radiant Heating System
- Lake Michigan Water
- Cable TV Available
Listing and Financial Details
- Senior Tax Exemptions
- Homeowner Tax Exemptions
Community Details
Overview
- Association fees include air conditioning, water, insurance, doorman, tv/cable, exterior maintenance, scavenger, snow removal, internet
- 260 Units
- Mitchell Rose Association, Phone Number (312) 337-5303
- High-Rise Community
- Water Tower Residences Subdivision
- Property managed by FIRST SERVICE RESIDENTIAL
- Lock-and-Leave Community
- 73-Story Property
Amenities
- Doorman
- Elevator
- Service 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
Ownership 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
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 15, 2026
Closed on
Mar 25, 2026
Sold by
Bought by
Seller's Agent
Mary Summerville
Coldwell Banker Realty
Buyer's Agent
Bella Sansak
@properties Christie's International Real Estate
List Price
$749,000
Sold Price
$670,000
Premium/Discount to List
-$79,000
-10.55%
Views
56
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
$242,149
Avg. Annual Appreciation
116.26%
Original Mortgage
$602,330
Outstanding Balance
$600,765
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$311,384
Purchase Details
Closed on
Aug 11, 2003
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Magnificent Mile, IL
-
Rose Alvarez
-
Catherine Rosenberg
Catherine Rosenberg
Responds QuicklyBerkshire Hathaway HomeServices Chicago
(312) 883-8931
50 Total Sales
1 in Magnificent Mile
$855,000 Price
-
Matthew Lind
Matthew Lind
Compass
(888) 589-0109
34 Total Sales
1 in Magnificent Mile
$1,100,000 Price
-
Kristine Chen Frost
Kristine Chen Frost
Compass
(844) 257-6449
166 Total Sales
4 in Magnificent Mile
$19K - $1.7M Price Range
-
Robert Safranski
Robert Safranski
@properties Christie's International Real Estate
(773) 832-5674
62 Total Sales
1 in Magnificent Mile
$750,000 Price
-
Michael Maier
Michael Maier
Berkshire Hathaway HomeServices Chicago
(844) 909-1712
264 Total Sales
19 in Magnificent Mile
$195K - $2.1M Price Range
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 |
|---|---|---|---|
| $670,000 | First American Title | ||
| -- | -- |
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 | $602,330 |
Source: Public Records
Property 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 | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/01/2026 04/01/26 | Sold | $670,000 | -10.5% | $377 / Sq Ft |
| 03/06/2026 03/06/26 | Pending | -- | -- | -- |
| 02/15/2026 02/15/26 | For Sale | $749,000 | -- | $422 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax 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.
| 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 | $17,008 | $77,321 | $5,328 | $71,993 |
| 2024 | $17,008 | $77,321 | $5,328 | $71,993 |
| 2023 | $16,541 | $86,580 | $4,319 | $82,261 |
| 2022 | $16,541 | $86,580 | $4,319 | $82,261 |
| 2021 | $16,205 | $86,579 | $4,318 | $82,261 |
| 2020 | $14,400 | $70,224 | $3,002 | $67,222 |
| 2019 | $14,070 | $76,205 | $3,002 | $73,203 |
| 2018 | $13,832 | $76,205 | $3,002 | $73,203 |
| 2017 | $13,536 | $62,877 | $2,402 | $60,475 |
| 2016 | $12,594 | $62,877 | $2,402 | $60,475 |
| 2015 | $10,698 | $62,877 | $2,402 | $60,475 |
| 2014 | $9,323 | $54,654 | $1,930 | $52,724 |
| 2013 | $9,685 | $57,761 | $1,930 | $55,831 |
Source: Public Records
Agents Affiliated with this Home
-
Mary Summerville
Seller's Agent in 2026
Mary Summerville
Coldwell Banker Realty
(847) 507-2644
1 in this area
354 Total Sales
-
Bella Sansak
Buyer's Agent in 2026
Bella Sansak
@ Properties
(773) 844-3327
1 in this area
68 Total Sales
-
Martin Kalachev
Buyer Co-Listing Agent in 2026
Martin Kalachev
@ Properties
(773) 600-6523
1 in this area
70 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12569073
APN: 17-03-226-065-1065
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.
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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