180 E Pearson St Unit 5107 Chicago, IL 60611
Magnificent Mile NeighborhoodEstimated payment $16,304/month
Highlights
- Doorman
- Fitness Center
- Wood Flooring
- Steam Room
- Lock-and-Leave Community
- 1-minute walk to Jane Byrne Plaza
About This Home
Breathtaking condo at Water Tower in the heart of the City, approximately 2800 square feet, southwest corner residence of the 51st floor of the Iconic Water Tower Place. Originally a three-bedroom, this home has been masterfully redesigned into a spacious two bedroom plus den offering an open, airy layout with refined modern elegance. Every detail has been completely reimagined- from the exquisite custom flooring to the sophisticated kitchen with high end cabinetry, sleek stone surfaces, and top-tier appliances. All Bathrooms have been renovated with exceptional craftsmanship and designer finishes. Expansive windows frame dramatic views of Lake Michigan, The city skyline, and unforgettable sunsets. Enjoy world-class amenities and white-glove service, including 24- hour door staff, concierge, valet parking, and direct access to the Ritz-Carlton Hotel, fine dining, the exclusive Water Tower Place shops, MCA, Northwestern University and Northwestern Hospital is a few blocks away ... One can enjoy the Farmer's Market steps away onTuesday mornings during the Season. A rare opportunity to own a completely renovated residence in one of Chicago's most prestigious full-service buildings - where timeless luxury meets city sophistication. It would be easy. to make into a 3 bedroom if needed. All the Ritz Condo's hallways have been recently renovated. to perfection.. As soon as you exit the elevator... Luxury awaits you.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $30,569
Year Built
- Built in 1975
Lot Details
- End Unit
HOA Fees
- $2,093 Monthly HOA Fees
Parking
- 2 Car Garage
Home Design
- Entry on the 51st floor
Interior Spaces
- 2,754 Sq Ft Home
- Built-In Features
- Window Screens
- Family Room
- Combination Dining and Living Room
- Storage
- Gallery
- Wood Flooring
Kitchen
- Cooktop
- Microwave
- High End Refrigerator
- Freezer
- Dishwasher
- Wine Refrigerator
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
- Walk-In Closet
- Dual Sinks
- Steam Shower
Laundry
- Laundry Room
- Dryer
- Washer
- Sink Near Laundry
Home Security
Schools
- Ogden International Elementary And Middle School
Utilities
- Forced Air Zoned Heating and Cooling System
- Lake Michigan Water
- Cable TV Available
Listing and Financial Details
- Homeowner Tax Exemptions
Community Details
Overview
- Association fees include air conditioning, water, insurance, doorman, tv/cable, exterior maintenance, lawn care, scavenger, snow removal, internet
- 260 Units
- Mitchell.Rose@Fsresidential.Com Association, Phone Number (312) 337-5303
- High-Rise Condominium
- Water Tower Residences Subdivision
- Property managed by FS Residential
- Lock-and-Leave Community
- 73-Story Property
Amenities
- Doorman
- Valet Parking
- Restaurant
- Steam Room
- Sauna
- Elevator
- Service Elevator
- Package Room
- Community Storage Space
Recreation
- Fitness Center
- Community Indoor Pool
- Community Spa
- Bike Trail
Pet Policy
- Limit on the number of pets
- Dogs and Cats Allowed
Security
- Resident Manager or Management On Site
- Fire Sprinkler System
Map
Home Values in the Area
Average Home Value in this Area
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 | $30,569 | $132,482 | $9,129 | $123,353 |
| 2023 | $29,778 | $148,200 | $7,400 | $140,800 |
| 2022 | $29,778 | $148,200 | $7,400 | $140,800 |
| 2021 | $29,132 | $148,199 | $7,399 | $140,800 |
| 2020 | $26,805 | $120,325 | $5,145 | $115,180 |
| 2019 | $26,234 | $130,572 | $5,145 | $125,427 |
| 2018 | $25,792 | $130,572 | $5,145 | $125,427 |
| 2017 | $23,192 | $107,734 | $4,116 | $103,618 |
| 2016 | $21,578 | $107,734 | $4,116 | $103,618 |
| 2015 | $19,742 | $107,734 | $4,116 | $103,618 |
| 2014 | $17,375 | $93,645 | $3,307 | $90,338 |
| 2013 | $17,180 | $98,969 | $3,307 | $95,662 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/10/2025 10/10/25 | For Sale | $2,200,000 | +4.8% | $799 / Sq Ft | |
| 09/15/2020 09/15/20 | Sold | $2,100,000 | -8.7% | $763 / Sq Ft | View Prior Sale |
| 08/28/2020 08/28/20 | Pending | -- | -- | -- | |
| 08/28/2020 08/28/20 | For Sale | $2,300,000 | +75.9% | $835 / Sq Ft | |
| 04/02/2015 04/02/15 | Sold | $1,307,500 | -6.3% | $475 / Sq Ft | View Prior Sale |
| 02/25/2015 02/25/15 | Pending | -- | -- | -- | |
| 02/19/2015 02/19/15 | For Sale | $1,395,000 | +40.2% | $507 / Sq Ft | |
| 06/17/2014 06/17/14 | Sold | $995,000 | -9.5% | $361 / Sq Ft | View Prior Sale |
| 05/29/2014 05/29/14 | Pending | -- | -- | -- | |
| 05/07/2014 05/07/14 | Price Changed | $1,100,000 | -10.2% | $399 / Sq Ft | |
| 11/04/2013 11/04/13 | Price Changed | $1,225,000 | -12.5% | $445 / Sq Ft | |
| 10/08/2013 10/08/13 | For Sale | $1,400,000 | -- | $508 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $2,100,000 | Attorney | |
| Warranty Deed | $1,307,500 | Ct | |
| Deed | $995,000 | None Available | |
| Warranty Deed | $1,560,000 | Ctic |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $1,470,000 | New Conventional | |
| Previous Owner | $980,625 | Adjustable Rate Mortgage/ARM |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12489501
APN: 17-03-226-065-1133
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