NOT LISTED FOR SALE

180 E Pearson St Unit 5305 Chicago, IL 60611

Magnificent Mile Neighborhood

Estimated Value: $1,608,000 - $2,039,068

3 Beds
2.5 Baths
2,975 Sq Ft
1.77 Acres Lot

Sale Details

Date Sold: April 30, 2015

Last sale price $1,459,000 $490 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $14,954 / mo

524 Days on Market

Highlights

  • Elevator
  • Living Room
  • Forced Air Zoned Heating and Cooling System
  • 1 Car Attached Garage
  • Resident Manager or Management On Site
  • 1-minute walk to Jane Byrne Plaza

About This Home

As of April 2015

ARCHITECTURALLY SIGNIFICANT RECONFIGURATION OF 2975 SQ FT UNIT NOW SHOWS AS SOPHISTICATED 2 BDRM FLRPLN W/INCOMPARABLE SOUTH VIEWS.LRG GREAT-ROOM PERFECT FOR ART DISPLAY & ENTERTAINING,STATE-OF-THE-ART NEW KIT,BEAUTIFULLY REMODELED BATHS & EXPENSIVE MATERIALS USED T/O.BLDG IS KNOWN FOR SUPERB SERVICE.ALL AMENITIES OF RITZ, CARLTON CLUB & SHOPPING MALL AVAIL.NEW RESIDENTIAL LOBBY & TERRACE AT RITZ HOTEL NOW COMPLETE.

Last Agent to Sell the Property

Marie Campbell

Berkshire Hathaway HomeServices Chicago License #475091506 Listed on: 10/02/2013

Berkshire Hathaway HomeServices Chicago

Last Buyer's Agent

Jody Brott

Compass License #475099533

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $19,201

Year Built

  • Built in 1975

Lot Details

  • 1.77

HOA Fees

  • $2,687 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Leased Parking

Home Design

  • Marble or Granite Building Materials

Interior Spaces

  • 2,975 Sq Ft Home
  • Living Room
  • Dining Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms

Utilities

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

Community Details

Overview

  • Association fees include water, insurance, security, doorman, tv/cable, exterior maintenance, scavenger, snow removal
  • 260 Units
  • Jim Wilmouth Association, Phone Number (312) 337-5303
  • High-Rise Community
  • Water Tower Residences Subdivision
  • Property managed by LIEBERMAN
  • 72-Story Property

Amenities

  • Elevator
  • Service Elevator
  • Package Room
  • Community Storage Space

Pet Policy

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

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$19,201

Year Built

Built in 1975

Lot Details

1.77 Acres

HOA Fees

$2,687 per month

Parking

1

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)
  • Subdivision Name: WATER TOWER RESIDENCES
  • Year Built: 1975
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rehab (Y/N): No
  • Unit Floor Level: 53
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 72

Interior Features

  • Basement: None
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • LivingArea: 2975
  • Room Type: No additional rooms
  • Stories Total: 72
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Marble/Granite

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage On-Site: Yes
  • Garage Ownership: Fee/Leased
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Zoned
  • Heating: Electric, Radiant, Zoned
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit
  • Association Fee: 2687
  • Association Amenities: Elevator(s), Storage, On Site Manager/Engineer, Receiving Room, Service Elevator(s)
  • Association Fee Frequency: Monthly
  • Management: Manager On-site,Monday through Friday
  • Master Association Fee: No
  • Management Company: LIEBERMAN
  • Management Contact Name: JIM WILMOUTH
  • Management Phone: 312-337-5303
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Lease Amount: 425
  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 0

Tax Info

  • Tax Annual Amount: 19200.86
  • Tax Year: 2013

Multi Family

  • Units in Building: 260

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2013
Closed on
Apr 30, 2015
Sold by
Rivkin Marilyn G
Bought by
Bendix Richard M and Bendix Mary
Seller's Agent
Marie Campbell
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Jody Brott
Compass
List Price
$2,250,000
Sold Price
$1,459,000
Premium/Discount to List
-$791,000
-35.16%
Current Estimated Value
$1,774,356

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$315,356
Avg. Annual Appreciation
1.79%
Original Mortgage
$999,999
Outstanding Balance
$766,803
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,007,553

Purchase Details

Closed on
Nov 15, 2011
Sold by
Rivkin Charles T
Bought by
Declarati Rivkin Steven G and Steven G Rivkin 2003 Declaration Of Trus

Purchase Details

Closed on
Aug 13, 2000
Sold by
Rivkin Charles
Bought by
Rivkin Charles T and The Marilynn G Rivkin Qualified Personal

Purchase Details

Closed on
Dec 15, 1997
Sold by
Cole Taylor Bank
Bought by
Rivkin Charles T and The Charles T Rivkin Revocable Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

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
Bendix Richard M $1,459,000 None Available
Declarati Rivkin Steven G -- None Available
Rivkin Marilynn G -- None Available
Rivkin Charles T -- Chicago Title Insurance Co
Rivkin Charles T $840,000 --
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
Open Bendix Richard M $999,999
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2015 04/30/15 Sold $1,459,000 0.0% $490 / Sq Ft
03/31/2015 03/31/15 Off Market $1,459,000 -- --
03/10/2015 03/10/15 Pending -- -- --
05/19/2014 05/19/14 Price Changed $1,595,000 -8.9% $536 / Sq Ft
03/18/2014 03/18/14 Price Changed $1,750,000 -22.2% $588 / Sq Ft
10/02/2013 10/02/13 For Sale $2,250,000 -- $756 / 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 $31,984 $141,321 $9,738 $131,583
2024 $31,984 $141,321 $9,738 $131,583
2023 $31,141 $157,560 $7,894 $149,666
2022 $31,141 $157,560 $7,894 $149,666
2021 $30,478 $157,559 $7,893 $149,666
2020 $27,349 $128,352 $5,488 $122,864
2019 $26,743 $139,283 $5,488 $133,795
2018 $26,834 $139,283 $5,488 $133,795
2017 $23,431 $114,922 $4,390 $110,532
2016 $22,160 $114,922 $4,390 $110,532
2015 $21,059 $114,922 $4,390 $110,532
2014 $18,534 $99,893 $3,528 $96,365
2013 -- $105,572 $3,528 $102,044
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2015

    Marie Campbell

    Berkshire Hathaway HomeServices Chicago

    Section Image

  • J

    Buyer's Agent in 2015

    Jody Brott

    Compass

    (312) 319-1168

    1 Total Sale

    Jody Brott
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08458149

Midwest Real Estate Data (MRED)

APN: 17-03-226-065-1145

Illinois Cook County Chicago 60611 Magnificent Mile

180 E Pearson St Unit 5305, Chicago, IL

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.

Midwest Real Estate Data (MRED) 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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