Seller's Agent in 2025
Carrie McCormick
@ Properties
(312) 961-4612
26 in this area
721 Total Sales
180 E Pearson St Unit 5401 Chicago, IL 60611
Magnificent Mile Neighborhood
3
Beds
4
Baths
2,754
Sq Ft
$2,043/mo
HOA Fee
Highlights
- Doorman
- Fitness Center
- Property is near park
- Steam Room
- Lock-and-Leave Community
- 1-minute walk to Jane Byrne Plaza
About This Home
As of December 2025Soaring above the city on the 54th floor of the iconic Water Tower, Unit 5401 offers sweeping northwest corner views of Lake Michigan, the city skyline, and dramatic sunsets. This 3-bedroom, 4-bath, 2,754 SQFT residence has been exquisitely renovated with exceptional attention to detail and no expense spared. The chef's kitchen is outfitted with soft-closing cabinetry, quartzite countertops, a new backsplash, an oversized farmhouse sink, and premium appliances-including a convection oven/microwave, cooktop, and dual wine/beverage refrigerators (one integrated into the island, the other in the dining area). The oversized island offers additional seating and is accented by under-cabinet and toe-kick lighting. The walk-in pantry has been expanded and professionally organized by California Closets to maximize functionality and storage. The primary suite features two walk-in California Closets and two fully renovated spa-inspired bathrooms. Each bath includes custom showers with multi-directional sprays; one features a steam shower with aromatherapy. Both bathrooms are appointed with Toto toilets with bidet and heated seat functions, heated towel racks, soft-close vanities, linen cabinets, and anti-fog, light-adjustable mirrors. The two additional bedrooms also feature custom closets and beautifully renovated ensuite baths with porcelain tile, updated showers and tubs, and Toto toilets. One bath includes a luxurious heated bubble tub. Additional updates include a redesigned entryway coat closet, a fully remodeled laundry room with porcelain tile flooring, full-size washer and dryer, and built-in cabinetry. The entire home features Brazilian cherry hardwood floors over HOA-compliant soundproof underlayment. A new HVAC system with humidifier and remote-controlled thermostats ensures year-round comfort. Lighting has been thoughtfully upgraded with recessed LED fixtures, and the newly installed ceilings allow for added flexibility in electrical and lighting configurations. All window treatments are brand new, double-layered blinds with both light-filtering and blackout options (blackout shades in bedrooms only) and controlled by remote. Window ledges have been redesigned with quartzite for an elegant, durable finish. The entire residence has been repainted in warm, neutral tones. Residents at 180 E Pearson enjoy five-star Ritz Carlton amenities, including a fitness center, indoor pool, spa, room service, 24-hour concierge and doorman, and optional Carlton Club membership. Monthly leased parking is available for an unlimited number of vehicles. Ideally positioned along the Magnificent Mile, you're steps from luxury shopping, fine dining, and the lakefront.
Last Agent to Sell the Property
@properties Christie's International Real Estate License #475123706 Listed on: 07/28/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $30,446
Year Built
- Built in 1975 | Remodeled in 2016
HOA Fees
- $2,043 Monthly HOA Fees
Parking
- 2 Car Garage
Home Design
- Entry on the 54th floor
Interior Spaces
- 2,754 Sq Ft Home
- Bar Fridge
- Family Room
- Living Room
- Formal Dining Room
- Storage
- Wood Flooring
Kitchen
- Electric Oven
- Electric Cooktop
- Range Hood
- Microwave
- High End Refrigerator
- Dishwasher
- Wine Refrigerator
- Stainless Steel Appliances
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
- Walk-In Closet
- 4 Full Bathrooms
- Dual Sinks
- Whirlpool Bathtub
- Separate Shower
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
Location
- Property is near park
Schools
- Ogden International Elementary And Middle School
Utilities
- Central Air
- Radiant Heating System
- Lake Michigan Water
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) 337-5437
- 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
- Fire Sprinkler System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 28, 2025
Closed on
Dec 1, 2025
Sold by
Thompson Leross and Thompson Ruth
Bought by
Passarella Daniel and Passarella Deirdre
Seller's Agent
Carrie McCormick
@properties Christie's International Real Estate
Buyer's Agent
Ryan Tunney
Berkshire Hathaway HomeServices Chicago
List Price
$2,150,000
Sold Price
$1,850,000
Premium/Discount to List
-$300,000
-13.95%
Views
24
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
167.14%
Original Mortgage
$1,480,000
Outstanding Balance
$1,480,000
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$501,727
Purchase Details
Listed on
Nov 11, 2022
Closed on
Dec 3, 2022
Sold by
Chicago Title Land Trust Company
Bought by
Thompson Leross and Thompson Ruth
Seller's Agent
Michael Rosenblum
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Lisa Huber
Jameson Sotheby's Intl Realty
List Price
$1,097,747
Sold Price
$1,000,000
Premium/Discount to List
-$97,747
-8.9%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.19%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,850,000 | None Listed On Document | |
| Deed | $1,000,000 | First American Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,480,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/12/2025 12/12/25 | Sold | $1,850,000 | -5.1% | $672 / Sq Ft | |
| 11/03/2025 11/03/25 | Pending | -- | -- | -- | |
| 10/28/2025 10/28/25 | Price Changed | $1,950,000 | -2.3% | $708 / Sq Ft | |
| 09/12/2025 09/12/25 | Price Changed | $1,995,000 | -4.8% | $724 / Sq Ft | |
| 08/11/2025 08/11/25 | Price Changed | $2,095,000 | -2.6% | $761 / Sq Ft | |
| 07/28/2025 07/28/25 | For Sale | $2,150,000 | +115.0% | $781 / Sq Ft | |
| 12/30/2022 12/30/22 | Sold | $1,000,000 | -8.9% | $363 / Sq Ft | View Prior Sale |
| 12/20/2022 12/20/22 | For Sale | $1,097,747 | -- | $399 / Sq Ft | |
| 12/12/2022 12/12/22 | Pending | -- | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $30,446 | $129,340 | $8,912 | $120,428 |
| 2024 | $30,446 | $129,340 | $8,912 | $120,428 |
| 2023 | $29,680 | $144,300 | $7,224 | $137,076 |
| 2022 | $29,680 | $144,300 | $7,224 | $137,076 |
| 2021 | $29,017 | $144,299 | $7,224 | $137,075 |
| 2020 | $26,169 | $117,471 | $5,023 | $112,448 |
| 2019 | $25,611 | $127,475 | $5,023 | $122,452 |
| 2018 | $25,181 | $127,475 | $5,023 | $122,452 |
| 2017 | $22,642 | $105,179 | $4,018 | $101,161 |
| 2016 | $21,066 | $105,179 | $4,018 | $101,161 |
| 2015 | $19,274 | $105,179 | $4,018 | $101,161 |
| 2014 | $16,963 | $91,425 | $3,229 | $88,196 |
| 2013 | $17,573 | $96,622 | $3,229 | $93,393 |
Source: Public Records
Agents Affiliated with this Home
-
Carrie McCormick
-
Ryan Tunney
R
Buyer's Agent in 2025
Ryan Tunney
Berkshire Hathaway HomeServices Chicago
(312) 642-1400
1 in this area
6 Total Sales
-
Michael Rosenblum
Seller's Agent in 2022
Michael Rosenblum
Berkshire Hathaway HomeServices Chicago
(312) 286-1634
72 in this area
191 Total Sales
-
Lisa Huber
Buyer's Agent in 2022
Lisa Huber
Jameson Sotheby's Intl Realty
(312) 610-0755
14 in this area
131 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12419879
APN: 17-03-226-065-1147
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