Landlord's Agent in 2023
Michael Rosenblum
Berkshire Hathaway HomeServices Chicago
(312) 286-1634
63 in this area
185 Total Sales
180 E Pearson St Unit 5602 Chicago, IL 60611
Magnificent Mile NeighborhoodEstimated Value: $953,893 - $1,146,000
1
Bed
2
Baths
1,830
Sq Ft
1.77
Acres
Highlights
- Doorman
- Fitness Center
- Heated Floors
- Steam Room
- Sauna
- 1-minute walk to Jane Byrne Plaza
About This Home
As of February 2023Finally, the place you've been dreaming for but couldn't find anywhere! You'll think you're in LA, Miami or NY when you step inside the most luxurious 1830 square foot, one-bedroom rental in Chicago. Live happily in this one-of-a-kind, top of the line, exquisitely designed home at the exclusive, service-oriented Residences of Water Tower. This masterful gut renovated, north facing, residence frames peaceful, mesmerizing views of Lake Michigan and its shoreline from oversized windows with motorized Lutron shades. Prepare to fall in love with your spacious, flowing, thoughtful floor plan that has been designed with wide plank Boardhouse oak flooring throughout. Relax easily through the use of a fully integrated Elan controlled home automation system for music, TV, lighting, climate and shades that is controlled remotely by your smart phone or by using the onsite keypads. Arriving at your elegant main foyer with an exquisite neutral inlaid marble design, you'll have two entry points to access your 30-foot-long living/dining room. Feel like a chef in your custom designed, over the top, nuHaus kitchen with quartzite countertops and an entire built-in appliance wall featuring full size double Wolf ovens, Wolf coffee maker, Wolf microwave, Subzero refrigerator with Subzero refrigerator and freezer draws, a Subzero wine refrigerator, a Wolf induction cooktop and vented range hood + walk in pantry! Enjoy working from your home office area wired for all that tech stuff you need whilst providing lots of custom-built cabinetry for whatever you want to store. Appreciate a true oversized laundry room equipped with slop sink, washer and dryer, lots of cabinet storage, clothes drying rack and a seven-foot countertop for folding clothes and other projects of desire. Your primary suite features a 13 X 8 foot custom California closet system and an oversized spa inspired, "must have" bath with seated steam shower + free standing soaking tub, double sink vanity, lots of cabinetry and a separate make up vanity. This gem is perfectly located above the exclusive and renovated Ritz Carlton Hotel offering you all the coveted amenities- concierge, room service, spa, fitness, indoor pool- that make you feel like you're living in a resort every day. On site valet or self- parking options available to residents and their guests.
Last Agent to Rent the Property
Berkshire Hathaway HomeServices Chicago License #471004934 Listed on: 01/11/2023
Last Renter's Agent
Non Member
NON MEMBER
Condo Details
Home Type
- Condominium
Est. Annual Taxes
- $20,628
Year Built
- Built in 1975
Lot Details
- 1.77
Parking
- 2 Car Attached Garage
- Leased Parking
- Heated Garage
- Garage Transmitter
- Driveway
Home Design
- Marble or Granite Building Materials
Interior Spaces
- 1,830 Sq Ft Home
- Open Floorplan
- Bar
- Dry Bar
- Historic or Period Millwork
- Entrance Foyer
- Living Room
- Dining Room
- Home Office
- Storage
- Sauna
Kitchen
- Built-In Double Oven
- Electric Oven
- Electric Cooktop
- Range Hood
- Microwave
- High End Refrigerator
- Freezer
- Dishwasher
- Wine Refrigerator
- Disposal
Flooring
- Wood
- Heated Floors
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Potential Bedroom
- Walk-In Closet
- 2 Full Bathrooms
- Dual Sinks
- Soaking Tub
- Steam Shower
- Shower Body Spray
- Separate Shower
Laundry
- Laundry Room
- Laundry on main level
- Dryer
- Washer
- Sink Near Laundry
Home Security
Schools
- Ogden Elementary
Utilities
- Humidifier
- Zoned Heating and Cooling System
- Radiant Heating System
- Lake Michigan Water
- Cable TV Available
Listing and Financial Details
- Property Available on 1/11/23
- Rent includes cable TV, water, scavenger, doorman, exterior maintenance, storage lockers, snow removal, internet, air conditioning
- 12 Month Lease Term
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
- Valet Parking
- Restaurant
- Steam Room
- Sauna
- Business Center
- Elevator
- Service Elevator
- Package Room
- Community Storage Space
Recreation
- Fitness Center
- Community Indoor Pool
- Park
- Bike Trail
Pet Policy
- No Pets Allowed
Security
- Resident Manager or Management On Site
- Fire Sprinkler System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 3, 2016
Sold by
180 Ep A Llc
Bought by
Moes David A and Lesko Jani
Current Estimated Value
Purchase Details
Closed on
Apr 12, 2016
Sold by
108 Ep B Llc
Bought by
180 Ep A Llc
Purchase Details
Closed on
Nov 13, 2015
Sold by
Restoration Llc
Bought by
180 Ep B Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
3.8%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 10, 2003
Sold by
Cole Taylor Bank
Bought by
Restoration Llc
Purchase Details
Closed on
Apr 4, 1994
Sold by
Winfrey Oprah G
Bought by
Cole Taylor Bank
Purchase Details
Closed on
Nov 2, 1993
Sold by
American National Bk & Tr Co Of Chicago
Bought by
Winfrey Oprah G and Oprah G Winfrey Declaration Of
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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 |
|---|---|---|---|
| Moes David A | $1,100,000 | Stewart Title | |
| 180 Ep A Llc | -- | Attorney | |
| 180 Ep B Llc | $1,580,000 | Attorney | |
| Restoration Llc | -- | -- | |
| Cole Taylor Bank | -- | -- | |
| Winfrey Oprah G | $1,000,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | 180 Ep B Llc | $1,000,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/03/2023 02/03/23 | Rented | $6,000 | 0.0% | -- |
| 01/11/2023 01/11/23 | For Rent | $6,000 | -- | -- |
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 | $20,628 | $87,725 | $6,045 | $81,680 |
| 2023 | $20,109 | $97,770 | $4,867 | $92,903 |
| 2022 | $20,109 | $97,770 | $4,867 | $92,903 |
| 2021 | $19,042 | $98,025 | $4,899 | $93,126 |
| 2020 | $27,265 | $125,495 | $5,366 | $120,129 |
| 2019 | $27,361 | $136,183 | $5,366 | $130,817 |
| 2018 | $26,901 | $136,183 | $5,366 | $130,817 |
| 2017 | $24,188 | $112,363 | $4,292 | $108,071 |
| 2016 | $22,505 | $112,363 | $4,292 | $108,071 |
| 2015 | $20,590 | $112,363 | $4,292 | $108,071 |
| 2014 | $18,121 | $97,668 | $3,449 | $94,219 |
| 2013 | $18,773 | $103,221 | $3,449 | $99,772 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Rosenblum
-
N
Tenant's Agent in 2023
Non Member
NON MEMBER
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11699097
APN: 17-03-226-065-1160
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