NOT LISTED FOR SALE

180 E Pearson St Unit 4903 Chicago, IL 60611

Magnificent Mile Neighborhood

Estimated Value: $914,000 - $1,144,000

2 Beds
2 Baths
1,775 Sq Ft
$1,229/ mo HOA Fee

Last Sold May 29, 2024

Last sale price $946,245 $533 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $7,945/month

4 Days on Market

Highlights

  • Doorman
  • Fitness Center
  • Open Floorplan
  • Steam Room
  • Sauna
  • 1-minute walk to Jane Byrne Plaza

About This Home

As of May 2024

You'll call this recent renovation beautiful when you see it in person! High floor available for this - 1775 square foot - 2-bedroom, north facing floor plan with a modern, inspired design at The Residences of Water Tower. You will become mesmerized, in every room, by the unforgettable and peaceful, scenic, postcard views of Lake Michigan and its expansive northern shoreline from oversized windows. Your new home offers large room sizes a gracious entry foyer, hardwood floors, and 9 foot ceilings. The exquisite integrated custom kitchen with Quartzite Natural Stone Custom Countertops and Backsplash features a working island with seating, Wolf and Subzero appliances, and exterior venting exhaust over the induction cooktop. Your large primary suite enjoys an oversized walk in professionally custom organized closet and a spa inspired luxurious marble bath. Your generous sized laundry room with side by side washer/dryer has an in-unit trash chute, and rear door to add ease and practicality to your home. Appreciate having lots of additional closets, an elegant marble guest bath, a new humidification system plus a huge walk in storage area assigned to your residence. And, And living above the - 2021 renovated - exclusive Ritz Carlton Hotel offers all the coveted amenities- concierge, room service, spa, fitness, indoor pool- to offer that resort like living environment, every day. On site valet or self- parking options available to residents and their guests. Dogs welcome too! LOW HOA FEE. RESERVES: $25M. No rental cap.

Last Agent to Sell the Property

Michael Rosenblum

Berkshire Hathaway HomeServices Chicago License #471004934 Listed on: 04/20/2024

Berkshire Hathaway HomeServices Chicago

Last Buyer's Agent

Non Member

NON MEMBER

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $16,541

Year Built

  • Built in 1975

Lot Details

  • 1.77

HOA Fees

  • $1,229 Monthly HOA Fees

Parking

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

Home Design

  • Marble or Granite Building Materials

Interior Spaces

  • 1,775 Sq Ft Home
  • Open Floorplan
  • Entrance Foyer
  • Formal Dining Room
  • Storage
  • Sauna
  • Wood Flooring

Kitchen

  • Built-In Oven
  • Electric Oven
  • Electric Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Whirlpool Bathtub
  • Steam Shower

Laundry

  • Laundry on main level
  • 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 Condominium
  • Property managed by FIRST SERVICE RESIDENTIAL
  • Lock-and-Leave Community
  • 73-Story Property

Amenities

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

Recreation

  • Fitness Center
  • Community Indoor Pool
  • Bike Trail

Pet Policy

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

Security

  • Resident Manager or Management On Site
  • Storm Screens
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$16,541

Year Built

Built in 1975

Lot Details

1.77 Acres

HOA Fees

$1,229 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: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 49
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 73

Interior Features

  • Appliances: Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Built-In Oven, Electric Cooktop, Electric Oven, Range Hood
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Sauna/Steam Room, Hardwood Floors, First Floor Laundry, Storage, Walk-In Closet(s), Open Floorplan, Separate Dining Room
  • LivingArea: 1775
  • Other Equipment: Humidifier, TV-Cable, Fire Sprinklers
  • Room Type: Foyer
  • Stories Total: 73
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Whirlpool,Steam Shower,Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Builder

Exterior Features

  • ExteriorFeatures: Storms/Screens
  • Lot Features: Park Adjacent
  • Waterfront: No
  • Exterior Building Type: Marble/Granite

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Driveway: Concrete
  • Garage Details: Heated
  • 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, Radiant, Zoned
  • Laundry Features: Electric Dryer Hookup, In Unit
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit
  • Association Fee: 1229
  • Association Amenities: Bike Room/Bike Trails, Door Person, Elevator(s), Exercise Room, Storage, Health Club, On Site Manager/Engineer, Indoor Pool, Receiving Room, Restaurant, Security Door Lock(s), Service Elevator(s), Steam Room, Valet/Cleaner, Business Center
  • 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: Air Conditioning, Water, Insurance, Doorman, TV/Cable, Exterior Maintenance, Scavenger, Snow Removal, Internet

Schools

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

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Lease Amount: 375
  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 16541.47
  • Tax Year: 2022
  • Tax Exemptions: Homeowner,Senior

Multi Family

  • Units in Building: 260

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2024
Closed on
May 22, 2024
Sold by
Walton Robert L
Bought by
Leer Mary Anne
Seller's Agent
Michael Rosenblum
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Non Member
NON MEMBER
List Price
$989,000
Sold Price
$946,245
Premium/Discount to List
-$42,755
-4.32%
Views
33
Current Estimated Value
$1,007,288

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,043
Avg. Annual Appreciation
3.51%

Purchase Details

Listed on
Feb 10, 2021
Closed on
Jul 2, 2021
Sold by
Bowker Jennifer Matz and Rosenstein Mary Matz
Bought by
Walton Robert
Seller's Agent
I.B. Weil
Baird & Warner
Buyer's Agent
Michael Rosenblum
Berkshire Hathaway HomeServices Chicago
Sold Price
$775,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.13%

Purchase Details

Listed on
Mar 2, 2014
Closed on
Dec 11, 2014
Sold by
Blitstein Berle R and Berle R Blitstein Revocable Tr
Bought by
Hirsch Jan Matz and Jan Matz Hirsch Estate Trust
Seller's Agent
Katherine Malkin
Compass
Buyer's Agent
I.B. Weil
Baird & Warner
List Price
$1,100,000
Sold Price
$925,000
Premium/Discount to List
-$175,000
-15.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.66%

Purchase Details

Closed on
Mar 22, 2011
Sold by
Blitstein Berle R
Bought by
Blitstein Berle R and Berle R Blitstein Revocable Tr

Purchase Details

Closed on
Mar 21, 2011
Sold by
Blitstein Anne B and Strauss Benton C
Bought by
Blitstein Berle R

Purchase Details

Closed on
Jun 3, 2002
Sold by
Clazov Sheila and Rosenman Robert O
Bought by
Blitstein Anne B and Strauss Benton C
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
Leer Mary Anne $946,500 None Listed On Document
Walton Robert $775,000 Chicago Title
Hirsch Jan Matz $925,000 First American Title
Blitstein Berle R -- None Available
Blitstein Berle R -- None Available
Blitstein Anne B $794,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/29/2024 05/29/24 Sold $946,245 -4.3% $533 / Sq Ft
04/25/2024 04/25/24 Pending -- -- --
04/20/2024 04/20/24 For Sale $989,000 +27.6% $557 / Sq Ft
07/06/2021 07/06/21 Sold $775,000 -8.8% $446 / Sq Ft View Prior Sale
05/04/2021 05/04/21 Pending -- -- --
05/04/2021 05/04/21 For Sale -- -- --
03/01/2021 03/01/21 Price Changed $850,000 -2.9% $489 / Sq Ft
02/10/2021 02/10/21 For Sale $875,000 -5.4% $504 / Sq Ft
12/17/2014 12/17/14 Sold $925,000 -7.4% $533 / Sq Ft View Prior Sale
10/21/2014 10/21/14 Pending -- -- --
05/21/2014 05/21/14 Price Changed $999,000 -9.2% $575 / Sq Ft
03/02/2014 03/02/14 For Sale $1,100,000 -- $633 / 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 $17,008 $77,790 $5,360 $72,430
2024 $17,008 $77,790 $5,360 $72,430
2023 $16,541 $86,580 $4,345 $82,235
2022 $16,541 $86,580 $4,345 $82,235
2021 $16,205 $86,579 $4,345 $82,234
2020 $14,495 $70,652 $3,021 $67,631
2019 $14,164 $76,669 $3,021 $73,648
2018 $13,923 $76,669 $3,021 $73,648
2017 $13,618 $63,258 $2,416 $60,842
2016 $11,812 $63,258 $2,416 $60,842
2015 $10,768 $63,258 $2,416 $60,842
2014 $10,202 $54,986 $1,942 $53,044
2013 $10,569 $58,112 $1,942 $56,170
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12031265

Midwest Real Estate Data (MRED)

APN: 17-03-226-065-1115

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