NOT LISTED FOR SALE

180 E Pearson St Unit 7102 Chicago, IL 60611

Magnificent Mile Neighborhood

Estimated Value: $1,563,000 - $1,887,011

3 Beds
4 Baths
2,975 Sq Ft
77,232 Sq Ft Lot

Sale Details

Date Sold: July 1, 2016

Last sale price $1,350,000 $454 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $14,656 / mo

9 Days on Market

Highlights

  • Lake Front
  • Walk-In Pantry
  • Breakfast Bar
  • Wood Flooring
  • Double Oven
  • 1-minute walk to Jane Byrne Plaza

About This Home

As of July 2016

Prestigious Water Tower Residences! High floor features North East exposure with stunning views of the Lake and Lake Shore Drive. Largest 3 bed/3.5 bath floor plan, 2975 sq. ft. 3rd bed open and used as a den w/wet bar and 1/2 bath but can be easily converted. FABULOUS CLOSETS THROUGHOUT. Almost original condition. Incredible opportunity to custom design a home that reflects your lifestyle and preferences.

Last Agent to Sell the Property

Terry Schwartz

Jameson Sotheby's Intl Realty License #475155945 Listed on: 04/25/2016

Jameson Sotheby's Intl Realty

Last Buyer's Agent

Jennifer Ames

Engel & Voelkers Chicago License #475150488

Engel & Voelkers Chicago

Property Details

Home Type

  • Condominium

Year Built

  • 1975

Lot Details

  • 1.77

HOA Fees

  • $2,647 per month

Home Design

  • Marble or Granite Building Materials

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Entrance Foyer
  • Storage
  • Washer and Dryer Hookup
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Double Oven
  • Microwave
  • Dishwasher

Utilities

  • Zoned Heating and Cooling System
  • Individual Controls for Heating
  • Lake Michigan Water

Additional Features

  • North or South Exposure
  • Lake Front

Community Details

  • Pets Allowed

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • $6,000 Seller Concession

Property Details

Home Type

Condominium

Year Built

1975

Lot Details

1.77 Acres

HOA Fees

$2,647 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • Unit Floor Level: 71
  • Age: 41-50 Years
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 3.1
  • Estimated Year Built: 1975
  • Tax Exemptions: Homeowner, Senior
  • Type Attached: High Rise (7+ Stories)
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 74
  • Year Built: 1975

Interior Features

  • Interior Property Features: Hardwood Floors, Laundry Hook-Up in Unit, Storage
  • Number Of Rooms: 7
  • Living Room: Dimensions: 26X16, On Level: Main Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Appliances: Oven-Double, Microwave, Dishwasher, Refrigerator
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 10X04, On Level: Main Level, Flooring: Hardwood
  • Dining Room: Dimensions: 17X12, On Level: Main Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Kitchen Type: Dimensions: 20X12, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Kitchen Type: Eating Area-Table Space, Pantry-Closet
  • Additional Rooms: Foyer
  • Master Bedroom: Dimensions: 17X14, On Level: Main Level, Flooring: Hardwood, Windows: Shades
  • Additional Room 1 Name: Foyer, Dimensions: 10X10, On Level: Main Level
  • Bedroom 2: Dimensions: 16X15, On Level: Main Level, Flooring: Hardwood, Windows: Plantation Shutters
  • Bedroom 3: Dimensions: 15X14, On Level: Main Level, Flooring: Hardwood, Windows: Plantation Shutters
  • Estimated Sq Ft: 2975
  • Dining Room Type: Separate
  • Family Room: Dimensions: 15X16, On Level: Main Level, Flooring: Hardwood

Exterior Features

  • Exterior Building Type: Marble/Granite
  • Exposure: N (North), Lake/Water

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Electric, Indv Controls, Zoned

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager On-site, Monday through Friday
  • Pet Information: Cats OK, Dogs OK, Pet Count Limitation
  • Common Area Amenities: Door Person, Elevator, Storage, On Site Manager/Engineer, Receiving Room, Service Elevator, Valet/Cleaner
  • Assessment Includes: Air Conditioning, Water, Common Insurance, Doorman, TV/Cable, Scavenger, Snow Removal, Internet Access
  • Assessment Association Fees: 2647
  • Management Contact Name: Jeff Hoosin
  • Management Phone: 312-337-5303

Fee Information

  • Management Company: Lieberman Management Services

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 17032260651250

Multi Family

  • Total Number Unitsin Building: 260
  • Number Stories: 74

Tax Info

  • Taxes: 17,435.7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2016
Closed on
Jun 1, 2016
Sold by
Chicago Title Land Trust Co
Bought by
Ross Ashley and Ashley Ross Trust
Seller's Agent
Terry Schwartz
Jameson Sotheby's Intl Realty
Buyer's Agent
Jennifer Ames
Engel & Voelkers Chicago
List Price
$1,485,000
Sold Price
$1,350,000
Premium/Discount to List
-$135,000
-9.09%
Current Estimated Value
$1,742,670

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$392,670
Avg. Annual Appreciation
2.64%
Original Mortgage
$810,000
Outstanding Balance
$633,285
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,109,385
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 Buyer Sale Price Title Company
Ross Ashley $1,350,000 Chicago Title Land Trust Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ross Ashley $810,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/01/2016 07/01/16 Sold $1,350,000 -9.1% $454 / Sq Ft
05/04/2016 05/04/16 Pending -- -- --
04/25/2016 04/25/16 For Sale $1,485,000 -- $499 / 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 $31,491 $139,177 $9,590 $129,587
2024 $31,491 $139,177 $9,590 $129,587
2023 $30,660 $155,220 $7,774 $147,446
2022 $30,660 $155,220 $7,774 $147,446
2021 $30,008 $155,220 $7,774 $147,446
2020 $26,915 $126,405 $5,405 $121,000
2019 $26,319 $137,170 $5,405 $131,765
2018 $25,874 $137,170 $5,405 $131,765
2017 $23,056 $113,179 $4,324 $108,855
2016 $21,811 $113,179 $4,324 $108,855
2015 $19,916 $113,179 $4,324 $108,855
2014 $17,436 $98,377 $3,474 $94,903
2013 $18,090 $103,970 $3,474 $100,496
Source: Public Records

Agents Affiliated with this Home

  • Terry Schwartz

    Seller's Agent in 2016

    Terry Schwartz

    Jameson Sotheby's Intl Realty

    (312) 590-7590

    6 Total Sales

    Terry Schwartz
    Section Image
  • Jennifer Ames

    Buyer's Agent in 2016

    Jennifer Ames

    Engel & Voelkers Chicago

    (773) 908-3632

    12 in this area

    235 Total Sales

    Jennifer Ames
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09205490

Midwest Real Estate Data (MRED)

APN: 17-03-226-065-1250

Illinois Cook County Chicago 60611 Magnificent Mile

180 E Pearson St Unit 7102, Chicago, IL

Not Listed for Sale

Condos

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) Based on information submitted to the MLS GRID. 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.
Based on information submitted to the MLS GRID

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