Seller's Agent in 2019
Debra Dobbs
Compass
(312) 307-4909
9 in this area
282 Total Sales
180 E Pearson St Unit 5601 Chicago, IL 60611
Magnificent Mile NeighborhoodEstimated Value: $1,811,000 - $2,077,000
3
Beds
3
Baths
3,301
Sq Ft
$3,009/mo
HOA Fee
Highlights
- Lake Front
- Double Shower
- Built-In Double Oven
- Heated Floors
- Den
- 1-minute walk to Jane Byrne Plaza
About This Home
As of July 2019This stunning corner home offers forever views of Lake Michigan and the expansive city skyline to the north, west, and south, with gorgeous sunsets and incredible views of the lake, Lake Shore Drive and park to the north... the city in all its splendor. A gorgeous, full renovation with the finest materials and fixtures, state-of-the-art technology, and precise attention to detail, with gracious living spaces; three luxurious bedroom suites; sleek, spa-like master bath; extraordinary kitchen; state-of-the-art technology and luxurious custom appointments throughout. Never leave the building to enjoy the AAA+ amenities of the Ritz Carlton and building amenities: concierge, attentive 24-hour door staff, fitness center, pool, room service, valet parking. Luxury and style collide.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $37,206
Year Built | Renovated
- 1975 | 2018
Lot Details
- Lake Front
- East or West Exposure
HOA Fees
- $3,009 per month
Parking
- Attached Garage
- Garage ceiling height seven feet or more
- Heated Garage
Home Design
- Marble or Granite Building Materials
Interior Spaces
- Wet Bar
- Built-In Features
- Bar Fridge
- Entrance Foyer
- Den
- Storage Room
Kitchen
- Breakfast Bar
- Built-In Double Oven
- Cooktop
- Microwave
- High End Refrigerator
- Bar Refrigerator
- Freezer
- Dishwasher
- Wine Cooler
- Stainless Steel Appliances
- Kitchen Island
- Disposal
Flooring
- Wood
- Heated Floors
Bedrooms and Bathrooms
- Walk-In Closet
- Primary Bathroom is a Full Bathroom
- Dual Sinks
- Soaking Tub
- Double Shower
- Steam Shower
- Shower Body Spray
- Separate Shower
Laundry
- Dryer
- Washer
Eco-Friendly Details
- North or South Exposure
Location
- Property is near a bus stop
- City Lot
Utilities
- Central Air
- Heating Available
- Lake Michigan Water
Community Details
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 25, 2019
Closed on
Jul 17, 2019
Sold by
180 Ep A Llc
Bought by
180 East Pearson 5601 Llc
Seller's Agent
Debra Dobbs
Compass
Buyer's Agent
Tim Salm
Jameson Sotheby's Intl Realty
List Price
$3,450,000
Sold Price
$2,500,000
Premium/Discount to List
-$950,000
-27.54%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$542,457
Avg. Annual Appreciation
-3.86%
Purchase Details
Closed on
Nov 13, 2015
Sold by
Restoration Llc
Bought by
180 Ep A Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,543,750
Interest Rate
3.82%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 10, 2003
Sold by
Cole Taylor Bank
Bought by
Restoration Llc
Purchase Details
Closed on
May 3, 1994
Sold by
Winfrey Oprah G
Bought by
Cole Taylor Bank
Purchase Details
Closed on
Apr 28, 1994
Sold by
American National Bk & Tr Co Of Chicago
Bought by
Winfrey Opral G
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 180 East Pearson 5601 Llc | $3,600,000 | Attorney | |
| 180 Ep A Llc | $1,055,000 | Attorney | |
| Restoration Llc | -- | -- | |
| Cole Taylor Bank | -- | -- | |
| Winfrey Opral G | $1,000,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | 180 Ep A Llc | $3,543,750 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/16/2019 07/16/19 | Sold | $2,500,000 | -15.3% | $757 / Sq Ft |
| 06/18/2019 06/18/19 | Pending | -- | -- | -- |
| 05/02/2019 05/02/19 | Price Changed | $2,950,000 | -14.5% | $894 / Sq Ft |
| 01/25/2019 01/25/19 | For Sale | $3,450,000 | -- | $1,045 / Sq Ft |
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 |
|---|---|---|---|---|
| 2024 | $37,206 | $158,226 | $10,903 | $147,323 |
| 2023 | $36,270 | $176,342 | $8,778 | $167,564 |
| 2022 | $36,270 | $176,342 | $8,778 | $167,564 |
| 2021 | $35,462 | $176,349 | $8,838 | $167,511 |
| 2020 | $26,196 | $117,594 | $5,028 | $112,566 |
| 2019 | $25,638 | $127,608 | $5,028 | $122,580 |
| 2018 | $25,207 | $127,608 | $5,028 | $122,580 |
| 2017 | $22,666 | $105,289 | $4,022 | $101,267 |
| 2016 | $21,088 | $105,289 | $4,022 | $101,267 |
| 2015 | $19,294 | $105,289 | $4,022 | $101,267 |
| 2014 | $16,980 | $91,520 | $3,232 | $88,288 |
| 2013 | $17,591 | $96,723 | $3,232 | $93,491 |
Source: Public Records
Agents Affiliated with this Home
-
Debra Dobbs
-
Tim Salm
Buyer's Agent in 2019
Tim Salm
Jameson Sotheby's Intl Realty
(312) 751-0300
15 in this area
181 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD10257768
APN: 17-03-226-065-1159
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