NOT LISTED FOR SALE

180 E Pearson St Unit 5205 Chicago, IL 60611

Magnificent Mile Neighborhood

Estimated Value: $1,798,328 - $2,029,000

3 Beds
4.5 Baths
3,320 Sq Ft
1.77 Acres

Highlights

  • Doorman
  • Fitness Center
  • Whirlpool Bathtub
  • Steam Room
  • Wood Flooring
  • 1-minute walk to Jane Byrne Plaza

About This Home

As of August 2024

Luxurious Water Tower Residences offers, RARELY available, 3320 square foot, 3-bedroom, 4.5 baths, southeast corner, residence. Stunning postcard views frame Lake Michigan, Navy pier and the Chicago skyline from oversized windows with motorized solar shades throughout this home. Enjoy spectacular water views, inspiring sunrises and dramatic city lights in the evenings. Exquisite details abound throughout this sophisticated residence with large room sizes and an open, flowing layout for easy living and fabulous entertaining. High ceilings, large foyer, chef's eat in kitchen with high-end appliances. Enjoy the comfort of incredible storage and closet space throughout the home, a large laundry room with separate entry and in unit trash chute, a large primary suite with dual luxurious, newly renovated baths and two oversized walk-in closets. Each bedroom enjoys its own ensuite bathroom. With all of this, enjoy living above the renovated, exclusive Ritz Carlton Hotel and all the coveted amenities it offers- concierge, room service, spa, fitness- indoor pool- Experience resort like living, every day of your life! Unlimited on-site valet or self-parking options available to residents and their guests. Dogs welcome too!

Last Agent to Rent the Property

Michael Rosenblum

Berkshire Hathaway HomeServices Chicago License #471004934 Listed on: 07/05/2024

Berkshire Hathaway HomeServices Chicago

Last Renter's Agent

Santiago Valdez

Compass License #475153660

Compass

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $39,497

Year Built

  • Built in 1975

Lot Details

  • 1.77

Parking

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

Home Design

  • Marble or Granite Building Materials

Interior Spaces

  • 3,320 Sq Ft Home
  • Ceiling height of 9 feet or more
  • Entrance Foyer
  • Formal Dining Room
  • Storage Room

Kitchen

  • Built-In Double Oven
  • Electric Oven
  • Electric Cooktop
  • Range Hood
  • Microwave
  • High End Refrigerator
  • Freezer
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Walk-In Closet
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Home Security

Schools

  • Ogden Elementary

Utilities

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

Listing and Financial Details

  • Property Available on 9/1/24
  • Rent includes cable TV, water, scavenger, doorman, exterior maintenance, lawn care, storage lockers, snow removal, internet, air conditioning

Community Details

Overview

  • 260 Units
  • Mitchell Rose Association, Phone Number (312) 337-5303
  • High-Rise Condominium
  • Water Tower Residences Subdivision
  • Property managed by First Service Residential
  • 73-Story Property

Amenities

  • Doorman
  • Restaurant
  • Steam Room
  • Sauna
  • Elevator
  • Service Elevator
  • Community Storage Space

Recreation

  • Fitness Center
  • Community Indoor Pool
  • Park
  • Bike Trail

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site
  • Fire Sprinkler System

Condo Details

Home Type

Condominium

Est. Annual Taxes

$39,497

Year Built

Built in 1975

Lot Details

0

Parking

2

Rental Info

  • Available Date: 2024-09-01
  • Lease Amount: 405
  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Type of Rental Property: Attached
  • Rental Price: 10000
  • Security Deposit: 1 MO
  • Is Parking Included in Price: No
  • Max Pet Weight: 999

Listing Details

  • Property Type: Residential Lease
  • Property Type: Residential Lease
  • Type Attached: Condo,High Rise (7+ Stories)
  • Property Sub-Type: Attached
  • Subdivision Name: Water Tower Residences
  • 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: 52
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 73

Interior Features

  • Appliances: Double Oven, Microwave, Dishwasher, Refrigerator, High End Refrigerator, Freezer, Washer, Dryer, Disposal, Cooktop, Built-In Oven, Electric Cooktop, Electric Oven, Range Hood
  • Basement: None
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5
  • Total Bedrooms: 3
  • Furnished: No
  • Interior Amenities: Hardwood Floors, First Floor Laundry, Storage, Ceiling - 9 Foot, Some Carpeting, Granite Counters, Pantry
  • LivingArea: 3320
  • Other Equipment: Humidifier, TV-Cable, Fire Sprinklers
  • Room Type: Foyer, Storage, Walk In Closet
  • Stories Total: 73
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Whirlpool,Separate Shower
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Builder

Exterior Features

  • List Price: 10000
  • Waterfront: No
  • Exterior Building Type: Marble/Granite

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Driveway: Concrete
  • Garage Details: Garage Door Opener(s),Heated
  • Garage On-Site: Yes
  • Garage Ownership: Fee/Leased
  • Garage Type: Attached
  • Parking: Garage
  • Highest Parking Fee: 575
  • Lowest Parking Fee: 405

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 Amenities: Bike Room/Bike Trails, Door Person, Elevator(s), Storage, Health Club, On Site Manager/Engineer, Park, Indoor Pool, Restaurant, Sauna, Service Elevator(s), Steam Room
  • Rent Includes: Cable TV, Water, Scavenger, Doorman, Exterior Maintenance, Lawn Care, Storage Lockers, Snow Removal, Other, Internet, Air Conditioning
  • Management: Manager On-site,Monday through Friday
  • Management Company: First Service Residential
  • Management Contact Name: Mitchell Rose
  • Management Phone: 312-337-5303

Schools

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

Lot Info

  • Lot Dimensions: COMMON
  • Rural (Y/N): N

Multi Family

  • Units in Building: 260

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 5, 2022
Sold by
Rogers Doreen and The Doreen Rogers Trust
Bought by
5205 Llc
Current Estimated Value
$1,883,443

Purchase Details

Closed on
Mar 25, 2022
Sold by
Doreen Rogers Trust and The Doreen Rogers Trust
Bought by
5205 Llc

Purchase Details

Closed on
Jul 27, 2021
Sold by
Rogers Doreen
Bought by
Rogers Doreen and Doreen Rogers Trust

Purchase Details

Closed on
Oct 19, 1993
Sold by
Lasalle National Trust Na
Bought by
Rogers Doreen
Source: Public Records

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2024 08/08/24 Rented $9,750 -2.5% --
07/05/2024 07/05/24 For Rent $10,000 +13.0% --
04/19/2023 04/19/23 Rented $8,850 -1.7% --
03/23/2023 03/23/23 Price Changed $9,000 -10.0% $3 / Sq Ft
12/03/2022 12/03/22 For Rent $10,000 -- --
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 $39,497 $167,367 $11,533 $155,834
2023 $38,504 $187,200 $9,348 $177,852
2022 $38,504 $187,200 $9,348 $177,852
2021 $37,644 $187,199 $9,348 $177,851
2020 $33,863 $152,008 $6,499 $145,509
2019 $33,141 $164,953 $6,499 $158,454
2018 $32,584 $164,953 $6,499 $158,454
2017 $29,299 $136,102 $5,199 $130,903
2016 $27,260 $136,102 $5,199 $130,903
2015 $24,940 $136,102 $5,199 $130,903
2014 $21,950 $118,303 $4,178 $114,125
2013 $21,920 $125,029 $4,178 $120,851
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12102428

Midwest Real Estate Data (MRED)

APN: 17-03-226-065-1138