NOT LISTED FOR SALE

180 E Pearson St Unit 4303 Chicago, IL 60611

Magnificent Mile Neighborhood

Estimated Value: $778,815 - $976,000

2 Beds
2 Baths
1,775 Sq Ft
$1,144/mo HOA Fee

Last Sold September 12, 2022

Last sale price $725,000 $408 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $7,147/month

35 Days on Market

Highlights

  • Doorman
  • Waterfront
  • Landscaped Professionally
  • Fitness Center
  • Open Floorplan
  • 1-minute walk to Jane Byrne Plaza

About This Home

As of September 2022

ULTRA LUXURY LIVING AT LOW ASSESSMENTS of $1144. Water Tower Residences offers this rarely available - 43rd floor, north facing - 1775 square foot - 2-bedroom residence that frames peaceful, scenic, postcard views of Lake Michigan, Lake Shore Drive, Lincoln Park and the shoreline from oversized windows. Spacious floor plan offers large room sizes with exquisite ebony-stained oak hardwood floors and high ceilings. The kitchen features custom cabinetry, breakfast bar/island, granite countertops, and stainless-steel appliances, pantry and lots of storage. The primary suite enjoys an oversized walk-in closet and marble bath equipped with separate shower, soaking tub, a double sink vanity and separate toilet room and linen closet. A large laundry room with washer/dryer + an in-unit trash chute, new HVAC system, lots of additional closets, recessed and designer lighting fixtures throughout, marble guest bath make this the perfect home in the sky. And, living above the $110 million renovated - exclusive Ritz Carlton hotel offers all those exceptional amenities to simplify or enhance your life whilst creating that resort like living environment., daily. On site valet or self-parking options available to residents and their guests. Dogs welcome here.

Last Agent to Sell the Property

Michael Rosenblum

Berkshire Hathaway HomeServices Chicago License #471004934 Listed on: 07/27/2022

Berkshire Hathaway HomeServices Chicago

Last Buyer's Agent

Michael Rosenblum

Berkshire Hathaway HomeServices Chicago License #471004934 Listed on: 07/27/2022

Berkshire Hathaway HomeServices Chicago

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $15,657

Year Built

  • Built in 1975

Lot Details

  • Waterfront
  • Landscaped Professionally

HOA Fees

  • $1,144 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Leased Parking
  • Heated Garage
  • Garage Transmitter

Interior Spaces

  • 1,775 Sq Ft Home
  • Open Floorplan
  • Ceiling height of 9 feet or more
  • Center Hall Plan
  • Entrance Foyer
  • Combination Dining and Living Room
  • Storage
  • Wood Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Accessible Home Design

  • Accessibility Features
  • No Interior Steps

Schools

  • Ogden Elementary

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Radiant Heating System
  • Lake Michigan Water
  • Cable TV Available

Community Details

Overview

  • Association fees include water, insurance, security, doorman, tv/cable, exterior maintenance, lawn care, scavenger, snow removal, internet
  • 260 Units
  • Mitchell Rose Association, Phone Number (312) 337-5303
  • High-Rise Condominium
  • Property managed by First Service Residential
  • Lock-and-Leave Community
  • 74-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Restaurant
  • Elevator
  • Service Elevator
  • Package Room
  • Community Storage Space

Recreation

  • Fitness Center
  • Community Indoor Pool
  • Bike Trail

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$15,657

Year Built

Built in 1975

Lot Details

0

HOA Fees

$1,144 per month

Parking

2

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)
  • Year Built: 1975
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 43
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 74

Interior Features

  • Appliances: Microwave, Dishwasher, Refrigerator, Freezer, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Cooktop, Built-In Oven, Electric Oven, Range Hood
  • Basement: None
  • Accessibility Features: No Interior Steps
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit, Storage, Walk-In Closet(s), Center Hall Plan, Ceilings - 9 Foot, Open Floorplan, Doorman
  • LivingArea: 1775
  • Other Equipment: TV-Cable, Fire Sprinklers
  • Room Type: Foyer, Walk In Closet
  • Stories Total: 74
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Separate Shower,Double Sink,Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • List Price: 799747
  • Lot Features: Corner Lot, Landscaped
  • Waterfront: Yes
  • Exterior Building Type: Glass,Marble/Granite

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage Details: Transmitter(s),Heated
  • Garage On-Site: Yes
  • Garage Ownership: Fee/Leased
  • Garage Type: Attached
  • Parking: Garage
  • Highest Parking Fee: 510
  • Lowest Parking Fee: 355

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Zoned
  • Electric: Circuit Breakers
  • Heating: Electric, Radiant, Zoned
  • Laundry Features: Electric Dryer Hookup, In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 1144
  • Association Amenities: Bike Room/Bike Trails, Door Person, Elevator(s), Storage, Health Club, On Site Manager/Engineer, Indoor Pool, Receiving Room, Restaurant, Security Door Lock(s), Service Elevator(s), Valet/Cleaner
  • 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: Mitchell Rose
  • Management Phone: 312-337-5303
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Insurance, Security, Doorman, TV/Cable, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Internet

Schools

  • Elementary School: Ogden Elementary
  • Middle/Junior School: Ogden Elementary
  • Middle/Junior School District: 299

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: 999

Tax Info

  • Tax Annual Amount: 15657.35
  • Tax Year: 2020
  • Tax Exemptions: None

Multi Family

  • Units in Building: 260

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2022
Closed on
Sep 6, 2022
Sold by
Stachura Michael A
Bought by
Matecki Steve and Matecki Margaret
Seller's Agent
Michael Rosenblum
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Michael Rosenblum
Berkshire Hathaway HomeServices Chicago
List Price
$799,747
Sold Price
$725,000
Premium/Discount to List
-$74,747
-9.35%
Views
5
Current Estimated Value
$864,954

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,954
Avg. Annual Appreciation
5.96%

Purchase Details

Listed on
Dec 4, 2020
Closed on
Jun 12, 2021
Sold by
East Pearson Llc
Bought by
Stachura Michael A
Seller's Agent
Deborah Server
Baird & Warner
Buyer's Agent
Helaine Cohen
Berkshire Hathaway HomeServices Chicago
Sold Price
$687,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.38%

Purchase Details

Closed on
Aug 15, 2001
Sold by
Silberman Maxine
Bought by
East Pearson Llc

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
7.11%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 22, 1999
Sold by
Silberman Maxine and Naft Lois
Bought by
Silberman Maxine and Naft Lois

Purchase Details

Closed on
Oct 17, 1996
Sold by
Katz Ann
Bought by
Naft Lois and Silberman Maxine
Source: Public Records

Range of Values:

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Average Value
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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

Date Buyer Sale Price Title Company
Matecki Steve $725,000 None Listed On Document
Stachura Michael A $687,500 Proper Title Llc
East Pearson Llc -- --
Silberman Maxine -- --
Naft Lois -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2022 09/12/22 Sold $725,000 -9.3% $408 / Sq Ft
09/01/2022 09/01/22 Pending -- -- --
07/27/2022 07/27/22 For Sale $799,747 +16.3% $451 / Sq Ft
06/18/2021 06/18/21 Sold $687,500 -5.2% $387 / Sq Ft
05/20/2021 05/20/21 Pending -- -- --
05/20/2021 05/20/21 For Sale -- -- --
05/06/2021 05/06/21 For Sale $725,000 0.0% $408 / Sq Ft
05/03/2021 05/03/21 Pending -- -- --
04/13/2021 04/13/21 Price Changed $725,000 -3.3% $408 / Sq Ft
03/23/2021 03/23/21 Price Changed $750,000 -3.2% $423 / Sq Ft
03/18/2021 03/18/21 For Sale $775,000 0.0% $437 / Sq Ft
02/26/2021 02/26/21 Pending -- -- --
01/15/2021 01/15/21 Price Changed $775,000 -2.5% $437 / Sq Ft
12/04/2020 12/04/20 For Sale $795,000 -- $448 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

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 $17,008 $77,386 $5,332 $72,054
2023 $17,808 $86,580 $4,322 $82,258
2022 $17,808 $86,580 $4,322 $82,258
2021 $17,410 $86,579 $4,322 $82,257
2020 $15,657 $70,285 $3,005 $67,280
2019 $15,324 $76,270 $3,005 $73,265
2018 $15,066 $76,270 $3,005 $73,265
2017 $13,547 $62,930 $2,404 $60,526
2016 $12,604 $62,930 $2,404 $60,526
2015 $11,532 $62,930 $2,404 $60,526
2014 $10,149 $54,701 $1,932 $52,769
2013 $10,514 $57,811 $1,932 $55,879
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11475450

Midwest Real Estate Data (MRED)

APN: 17-03-226-065-1073