Gary Richter
Corcoran Urban Real Estate
(877) 606-7082
51 Total Sales
1 in Magnificent Mile
$4,100,000 Price
180 E Pearson St Unit 4602 Chicago, IL 60611
Magnificent Mile NeighborhoodEstimated Value: $640,000 - $972,000
2
Beds
2
Baths
1,775
Sq Ft
1.77
Acre Lot
Highlights
- Doorman
- Fitness Center
- Wood Flooring
- Water Views
- Lock-and-Leave Community
- 1-minute walk to Jane Byrne Plaza
About This Home
As of April 2025Estate sale and "As Is" purchase which is price reflective. Water Tower Place Residences 2 bedroom, 2 bath being sold As-Is with entire contents included for removal by new owner. The unit is in a serious disarry and has not been cleaned in years as reflective in the list price. However, this 1700 sq ft original condition unit is ready for the buyer who wants to customize a new Water Tower Condo for themselves or for an investor to rehab it and sell or lease. The unit needs removal of contents and upgrading as reflected in the listing price. This is the first time on the market; no pre-marketing was done before the private market. View the lake and the iconic John Hancock building from all the north-facing windows. With residences above the Ritz Carlton Hotel, all the amenities one would want are available, including room service, spa, fitness, indoor pool, and concierge as a member of the Carlton Club for a mere four hundred dollars a month for membership. A condominium that feels like a resort! It is incredibly unique, with a magnificent view. Secured and dedicated self-parking on-site or valet for owners and guests. Dog Friendly. Low Assessments. No Rental Cap. Twenty-nine million in reserves.
Last Agent to Sell the Property
Eldorrado Chicago Real Estate License #471008245 Listed on: 02/27/2025
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Property Details
Home Type
- Condominium
Est. Annual Taxes
- $17,568
Year Built
- Built in 1975
Lot Details
- 1.77
HOA Fees
- $1,147 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Leased Parking
- Heated Garage
Home Design
- Entry on the 45th floor
- Marble or Granite Building Materials
Interior Spaces
- 1,775 Sq Ft Home
- Entrance Foyer
- Family Room
- Living Room
- Formal Dining Room
- Wood Flooring
- Water Views
Kitchen
- Range
- Microwave
- Freezer
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- 2 Full Bathrooms
- Dual Sinks
- Whirlpool Bathtub
- Steam Shower
- Separate Shower
Laundry
- Laundry Room
- Dryer
- Washer
Utilities
- Forced Air Zoned Heating and Cooling System
- Radiant Heating System
- Lake Michigan Water
Community Details
Overview
- Association fees include heat, air conditioning, water, doorman, tv/cable, exterior maintenance, scavenger, snow removal
- 260 Units
- Zack Saponaro Association, Phone Number (312) 337-5303
- High-Rise Community
- Water Tower Residences Subdivision
- Property managed by First Service Residential
- Lock-and-Leave Community
- 74-Story Property
Amenities
- Doorman
- Valet Parking
- Restaurant
- Sauna
- Elevator
- Service Elevator
- Package Room
- Community Storage Space
Recreation
- Fitness Center
- Community Indoor Pool
Pet Policy
- Limit on the number of pets
- Dogs and Cats Allowed
Security
- On-Site Manager or Management
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 27, 2025
Closed on
Apr 24, 2025
Sold by
Ivanhoe Theater Foundation
Bought by
Seller's Agent
Alexis Eldorrado
Eldorrado Chicago Real Estate
Buyer's Agent
Nicholas Colagiovanni
Baird & Warner
List Price
$599,000
Sold Price
$525,000
Premium/Discount to List
-$74,000
-12.35%
Views
36
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
$301,898
Avg. Annual Appreciation
40.00%
Purchase Details
Closed on
Jul 20, 2011
Sold by
Bragan Douglas
Bought by
Ivanhoe Theater Foundation
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Magnificent Mile, IL
-
Gary Richter
-
Kevin Green
Kevin Green
@properties Christie's International Real Estate
(855) 721-0730
92 Total Sales
1 in Magnificent Mile
$1,040,000 Price
-
Rafay Qamar
Rafay Qamar
Real Broker LLC
(833) 359-9113
1,068 Total Sales
2 in Magnificent Mile
$380K - $950K Price Range
-
Christopher Everhardt
Christopher Everhardt
HomeSmart Connect LLC
(312) 625-5423
103 Total Sales
3 in Magnificent Mile
$169K - $490K Price Range
-
Robert Calvin
Robert Calvin
@properties Christie's International Real Estate
(888) 364-6509
38 Total Sales
1 in Magnificent Mile
$170,000 Price
-
Cathy Wu
Cathy Wu
AiHome Realty Group LLC
(833) 658-6671
95 Total Sales
1 in Magnificent Mile
$220,000 Price
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 |
|---|---|---|---|
| $525,000 | Truly Title | ||
| Ivanhoe Theater Foundation | -- | None Available |
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 |
|---|---|---|---|
| Previous Owner | $100,000 |
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 |
|---|---|---|---|---|
| 04/29/2025 04/29/25 | Sold | $525,000 | -12.4% | $296 / Sq Ft |
| 04/02/2025 04/02/25 | Pending | -- | -- | -- |
| 03/26/2025 03/26/25 | Price Changed | $599,000 | 0.0% | $337 / Sq Ft |
| 03/26/2025 03/26/25 | For Sale | $599,000 | -7.8% | $337 / Sq Ft |
| 03/06/2025 03/06/25 | Pending | -- | -- | -- |
| 02/27/2025 02/27/25 | For Sale | $650,000 | -- | $366 / 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 | $17,568 | $77,588 | $5,346 | $72,242 |
| 2024 | $17,568 | $77,588 | $5,346 | $72,242 |
| 2023 | $17,104 | $86,580 | $4,334 | $82,246 |
| 2022 | $17,104 | $86,580 | $4,334 | $82,246 |
| 2021 | $16,741 | $86,579 | $4,333 | $82,246 |
| 2020 | $15,007 | $70,468 | $3,013 | $67,455 |
| 2019 | $14,675 | $76,469 | $3,013 | $73,456 |
| 2018 | $14,427 | $76,469 | $3,013 | $73,456 |
| 2017 | $14,400 | $70,268 | $2,410 | $67,858 |
| 2016 | $13,574 | $70,268 | $2,410 | $67,858 |
| 2015 | $12,396 | $70,268 | $2,410 | $67,858 |
| 2014 | $9,699 | $54,843 | $1,937 | $52,906 |
| 2013 | $10,063 | $57,961 | $1,937 | $56,024 |
Source: Public Records
Agents Affiliated with this Home
-
Alexis Eldorrado
Seller's Agent in 2025
Alexis Eldorrado
Eldorrado Chicago Real Estate
(312) 612-9060
1 in this area
31 Total Sales
-
Kelly Enamorado
KE
Seller Co-Listing Agent in 2025
Kelly Enamorado
Eldorrado Chicago Real Estate
(312) 937-4922
1 in this area
25 Total Sales
-
Nicholas Colagiovanni
Buyer's Agent in 2025
Nicholas Colagiovanni
Baird Warner
(312) 501-5151
9 in this area
206 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12279764
APN: 17-03-226-065-1093
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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