Seller's Agent in 2023
Caroline Chambers
Jameson Sotheby's Intl Realty
(312) 751-0300
2 in this area
55 Total Sales
180 E Pearson St Unit 7207 Chicago, IL 60611
Magnificent Mile NeighborhoodEstimated Value: $1,826,000 - $2,111,000
3
Beds
3.5
Baths
3,320
Sq Ft
$2,493/mo
HOA Fee
Highlights
- Doorman
- Whirlpool Bathtub
- Double Oven
- Marble Flooring
- Formal Dining Room
- 1-minute walk to Jane Byrne Plaza
About This Home
As of June 2023Wonderful opportunity to own a corner penthouse in The Residences at Water Tower. Rarely available top floor southwest corner unit has had longtime owner and is ready for your finishing touches. Customize the unit and enjoy lake, city and sunset views. Unit boasts three en-suite bedrooms and a potential for a fourth bedroom (now the family room). Large living/family/dining rooms complete with a separate bar area in an open-concept floor plan, which lends for ease of entertaining. The kitchen features marble flooring, white cabinetry, eat-in breakfast nook and stainless steel appliances. Primary suite includes gorgeous lake and city views, two walk-in closets and a huge primary bathroom with separate tub and shower. Loads of storage in hallway off the foyer complete with a powder room and in-unit laundry room round out this special home. Luxury amenities include 24 hour door person, on site management, and the World Class Ritz Carlton Hotel. Leased parking available in the building.
Last Agent to Sell the Property
Jameson Sotheby's Intl Realty License #475172777 Listed on: 01/30/2023
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $37,958
Year Built
- Built in 1974
Lot Details
- 1.77
HOA Fees
- $2,493 Monthly HOA Fees
Home Design
- Marble or Granite Building Materials
Interior Spaces
- 3,320 Sq Ft Home
- Wet Bar
- Built-In Features
- Bookcases
- Bar
- Shades
- Blinds
- Entrance Foyer
- Family Room
- Living Room
- Formal Dining Room
Kitchen
- Double Oven
- Dishwasher
- Stainless Steel Appliances
Flooring
- Partially Carpeted
- Marble
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
- Walk-In Closet
- Bidet
- Dual Sinks
- Whirlpool Bathtub
- Separate Shower
Laundry
- Laundry Room
- Dryer
- Washer
Parking
- Attached Garage
- Leased Parking
- Driveway
Schools
- Ogden Elementary
Utilities
- Central Air
- Heating Available
- 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) 337-5303
- High-Rise Condominium
- Property managed by First Service Residential
- 72-Story Property
Amenities
- Doorman
- Lobby
- Package Room
- Elevator
Pet Policy
- Limit on the number of pets
- Dogs and Cats Allowed
Security
- Resident Manager or Management On Site
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 20, 2024
Sold by
Kendall Meridian Llc
Bought by
180 E Pearson 7201-7207 Llc
Current Estimated Value
Purchase Details
Listed on
Jan 30, 2023
Closed on
Jun 6, 2023
Sold by
180 Pearson Llc
Bought by
Kendall Meridian Llc
Seller's Agent
Caroline Chambers
Jameson Sotheby's Intl Realty
Buyer's Agent
Santiago Valdez
Compass
List Price
$1,575,000
Sold Price
$1,300,000
Premium/Discount to List
-$275,000
-17.46%
Views
26
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.25%
Original Mortgage
$1,500,000
Interest Rate
6.35%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 12, 2018
Sold by
Gupta Hem C and Gupta Asha H
Bought by
180 Pearson Llc
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 E Pearson 7201-7207 Llc | $1,950,000 | None Listed On Document | |
| Kendall Meridian Llc | $1,300,000 | Chicago Title | |
| Kendall Meridian Llc | $1,300,000 | Chicago Title | |
| 180 Pearson Llc | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Kendall Meridian Llc | $1,500,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/15/2023 06/15/23 | Sold | $1,300,000 | -8.8% | $392 / Sq Ft |
| 05/06/2023 05/06/23 | Pending | -- | -- | -- |
| 04/19/2023 04/19/23 | Price Changed | $1,425,000 | -9.5% | $429 / Sq Ft |
| 01/30/2023 01/30/23 | For Sale | $1,575,000 | -- | $474 / 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 | $39,826 | $168,707 | $11,625 | $157,082 |
| 2023 | $38,824 | $188,761 | $9,424 | $179,337 |
| 2022 | $38,824 | $188,761 | $9,424 | $179,337 |
| 2021 | $37,958 | $188,759 | $9,423 | $179,336 |
| 2020 | $34,134 | $153,224 | $6,551 | $146,673 |
| 2019 | $33,406 | $166,273 | $6,551 | $159,722 |
| 2018 | $32,845 | $166,273 | $6,551 | $159,722 |
| 2017 | $29,533 | $137,192 | $5,241 | $131,951 |
| 2016 | $27,478 | $137,192 | $5,241 | $131,951 |
| 2015 | $25,140 | $137,192 | $5,241 | $131,951 |
| 2014 | $22,125 | $119,250 | $4,211 | $115,039 |
| 2013 | $22,922 | $126,029 | $4,211 | $121,818 |
Source: Public Records
Agents Affiliated with this Home
-
Caroline Chambers
-
Gwen Farinella
Seller Co-Listing Agent in 2023
Gwen Farinella
Jameson Sotheby's Intl Realty
2 in this area
32 Total Sales
-
Santiago Valdez
Buyer's Agent in 2023
Santiago Valdez
Compass
(773) 858-2410
3 in this area
500 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11709597
APN: 17-03-226-065-1260
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