$2,175,000
SOLD JUN 30, 2025

180 E Pearson St Unit 6404 Chicago, IL 60611

Magnificent Mile Neighborhood
6 Beds
9 Baths
7,000 Sq Ft
$5,313/mo HOA Fee

Recently Sold

$311 Per Sq Ft

18% Below List Price

268 Days on Market

Highlights

  • Doorman
  • Open Floorplan
  • Community Indoor Pool
  • Fitness Center
  • Lock-and-Leave Community
  • 1-minute walk to Jane Byrne Plaza

About This Home

As of June 2025

Attention all rehab enthusiasts! Uncover a rare opportunity with this expansive 7,000-square-foot gem on the 64th floor of the iconic Water Tower condominiums, offering unparalleled views of the city and Lake Michigan. Featuring two separate PINs, this property provides the flexibility to split into two distinct condos. Inside, you'll find five bedrooms, including a versatile theater or bonus room with an adjoining bedroom and bathroom-ideal for an au pair or nanny, ensuring both privacy and convenience. The residence includes six full bathrooms and three half-baths, along with an office and a playroom. Perched high above the city, the home boasts sweeping, unobstructed views of Navy Pier and the lake, providing a stunning backdrop to everyday life. The grand entrance welcomes you into a thoughtfully designed living space that is both expansive and functional. The entire east side is dedicated to an open-concept kitchen and an impressive home bar, framed by two vast living areas. With more square footage than you can imagine, this space is a blank canvas ready for your personal touch and creative vision. The building's amenities further enhance your living experience, with attentive door staff, concierge services, and room service from the 5-Star Ritz Carlton Hotel. Residents also enjoy exclusive access to the Carlton Club's spa, fitness center, and private dining. On-site valet and self-parking options for multiple vehicles, along with a pet-friendly policy, add to the convenience. Located within Water Tower Place, this home offers direct access to premier dining and shopping. Welcome to your extraordinary new home, where luxury and comfort meet, and where you have the freedom to create a space that is truly your own.

Last Agent to Sell the Property

Danielle Dowell

Berkshire Hathaway HomeServices Chicago License #475125415 Listed on: 09/05/2024

Berkshire Hathaway HomeServices Chicago

Co-Listed By

Arianna Esper

Berkshire Hathaway HomeServices Chicago License #475171554

Last Buyer's Agent

Non Member

NON MEMBER

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $79,323

Year Built

  • Built in 1977

Lot Details

  • Zero Lot Line
  • Additional Parcels

HOA Fees

  • $5,313 Monthly HOA Fees

Parking

  • 4 Car Garage

Home Design

  • Entry on the 64th floor

Interior Spaces

  • 7,000 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • Family Room
  • Combination Dining and Living Room
  • Home Office
  • Storage
  • Home Gym
  • Carpet

Kitchen

  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • Walk-In Closet
  • Bidet
  • Dual Sinks
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Schools

  • Ogden International Elementary And Middle School
  • Wells Community Academy Senior H High School

Utilities

  • Zoned Heating and Cooling
  • Heating Available
  • TV Antenna

Community Details

Overview

  • Association fees include air conditioning, water, insurance, doorman, tv/cable, exterior maintenance, scavenger, snow removal, internet
  • 260 Units
  • Zack Saponaro Association, Phone Number (312) 337-5303
  • High-Rise Condominium
  • Water Tower Residences Subdivision
  • Property managed by First Service Residential
  • Lock-and-Leave Community
  • 74-Story Property

Amenities

  • Doorman
  • Restaurant
  • Party Room
  • Elevator
  • Service Elevator
  • Lobby
  • 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

  • Security Service
  • Resident Manager or Management On Site
  • Security Lighting

Property Details

Home Type

Condominium

Est. Annual Taxes

$79,323

Year Built

Built in 1977

Lot Details

0

HOA Fees

$5,313 per month

Parking

4

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,High Rise (7+ Stories)
  • Ownership: Condo
  • EntryLevel: 64
  • New Construction: No
  • Property Sub-Type: Condo,High Rise (7+ Stories)
  • Subdivision Name: Water Tower Residences
  • Year Built: 1977
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train,Interstate Access,Non-Smoking Building
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 74

Interior Features

  • Appliances: Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 6
  • Half Bathrooms: 3
  • Total Bathrooms: 9
  • Total Bedrooms: 6
  • Flooring: Carpet
  • Interior Amenities: Wet Bar, Storage, Built-in Features, Walk-In Closet(s), Open Floorplan, Doorman, Granite Counters, Health Facilities, Lobby
  • LivingArea: 7000
  • Other Equipment: TV Antenna
  • Room Type: Bedroom 5, Bedroom 6, Walk In Closet, Office, Exercise Room
  • Stories Total: 74
  • Estimated Total Finished Sq Ft: 0
  • Bathroom Amenities: Separate Shower,Double Sink,Bidet,Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Flooring: Carpet

Exterior Features

  • Construction Materials: Marble/Granite
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 4
  • Parking Features: Garage Door Opener, Heated Garage, On Site, Leased, Attached, Garage
  • ParkingTotal: 4

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Zoned
  • Heating: Electric
  • Laundry Features: Washer Hookup, In Unit
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit
  • Association Fee: 5313
  • Association Amenities: Bike Room/Bike Trails, Door Person, Elevator(s), Exercise Room, Storage, Health Club, On Site Manager/Engineer, Party Room, Indoor Pool, Receiving Room, Restaurant, Security Door Lock(s), Service Elevator(s), Security, Security Lighting
  • Association Fee Frequency: Monthly
  • Management: Manager On-site,Monday through Friday
  • Master Association Fee Frequency: Not Required
  • Management Company: First Service Residential
  • Management Contact Name: ZACK SAPONARO
  • Management Phone: 312-337-5303

Fee Information

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

Schools

  • Elementary School: Ogden International
  • High School: Wells Community Academy Senior H
  • Middle/Junior School: Ogden International

Lot Info

  • Additional Parcels: Yes
  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • Special Assessments: N
  • Zero Lot Line: Yes

Rental Info

  • Lease Amount: 355
  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 79323.44
  • Tax Year: 2023
  • Tax Exemptions: None

Multi Family

  • Units in Building: 260

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2024
Closed on
Jun 17, 2024
Sold by
Palumbo Michael and Palumbo Veronica
Bought by
180 E Pearson 6404 Llc
Seller's Agent
Vincent Anzalone
Baird & Warner
Buyer's Agent
Danielle Dowell
Berkshire Hathaway HomeServices Chicago
List Price
$3,000,000
Sold Price
$2,825,000
Premium/Discount to List
-$175,000
-5.83%
Views
70
Current Estimated Value
$2,211,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$613,500
Avg. Annual Appreciation
-15.06%

Purchase Details

Closed on
May 30, 2000
Sold by
Lasalle Bank National Assn
Bought by
Palumbo Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
7.95%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

Date Type Sale Price Title Company
Warranty Deed $2,825,000 Chicago Title
Deed $2,450,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,500,000 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/30/2025 06/30/25 Sold $2,175,000 -13.0% $311 / Sq Ft
05/31/2025 05/31/25 Pending -- -- --
03/21/2025 03/21/25 Price Changed $2,500,000 -5.7% $357 / Sq Ft
09/05/2024 09/05/24 For Sale $2,650,000 -6.2% $379 / Sq Ft
06/28/2024 06/28/24 Sold $2,825,000 -5.8% $404 / Sq Ft View Prior Sale
05/08/2024 05/08/24 Pending -- -- --
03/20/2024 03/20/24 For Sale $3,000,000 -- $429 / Sq Ft
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 $39,662 $168,171 $11,588 $156,583
2023 $38,664 $187,980 $9,393 $178,587
2022 $38,664 $187,980 $9,393 $178,587
2021 $37,801 $187,979 $9,393 $178,586
2020 $34,025 $152,738 $6,531 $146,207
2019 $33,300 $165,746 $6,531 $159,215
2018 $32,740 $165,746 $6,531 $159,215
2017 $29,439 $136,756 $5,224 $131,532
2016 $27,391 $136,756 $5,224 $131,532
2015 $25,060 $136,756 $5,224 $131,532
2014 $22,055 $118,872 $4,198 $114,674
2013 $22,849 $125,630 $4,198 $121,432
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12156709

Midwest Real Estate Data (MRED)

APN: 17-03-226-065-1211