The Pearson 250 E Pearson St Unit 1601 Floor 16 Chicago, IL 60611
Streeterville NeighborhoodEstimated payment $8,783/month
Highlights
- Doorman
- Fitness Center
- Wine Refrigerator
- Water Views
- Wood Flooring
- 2-minute walk to Lake Shore Park
About This Home
Welcome to The Pearson, a luxurious full amenity building that overlooks Lake Shore Park. This south facing home is on the 16th floor and has wide open views over the park, and of Lake Michigan, Navy Pier and stunning Chicago architecture. Renovated with style and care, this turnkey condo is one of a kind and completely move-in ready! The floorplan has been opened up to allow for a spacious feel, and loads of sunlight pours in thru the large south facing windows and balcony. The living room/family room is set up as a double parlor and has highly customized walnut woodwork, including shelving, fireplace surround, and wrapped column with a glass display case and built-in wine fridge. The main living room is near the windows with a gas fireplace and built-in television. The adjacent family room is very versatile, and while it is virtually staged as a sitting room it could easily be used for a formal dining room, library, or an open office space. The open and updated kitchen features Tajmahal Stone counters with a full backsplash, two-toned cabinets (wood and white), Bosch and Miele appliances including a gas range and wall oven, and overlooks the dining room with a built-in banquette bench (removeable if desired) with room to seat 6-8. The balcony is easily accessible from the dining area and has breathtaking views. The oversized primary bedroom accommodates a king bed, has a peek of a lake view, a large and fully organized walk-in closet, and a newly renovated (2021) primary bathroom complete with double vanities, built-in linen closet, separate soaking tub and shower. The generously sized 2nd bedroom will easily fit a queen size bed and is also en-suite with a full bathroom updated white subway tile. There is one garage parking space included in the sale with 220v EV charging station installed. The Pearson offers full amenities including 24 hour door staff, on-site management, a rooftop party room and sun deck with grills, and a 3500 square foot exercise room. Lake Shore Park is across the street, is pet friendly, and includes tennis and pickle ball courts, a gymnasium, running track, and a playground! Enjoy easy access to city life in this ideal lakefront location, including Michigan Avenue's Magnificent Mile, fine dining, museums, entertainment, night life, Lake Shore Drive, public transportation, Northwestern Hospital, and many grocery and shopping options!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $18,015
Year Built
- Built in 2003
HOA Fees
- $1,518 Monthly HOA Fees
Parking
- 1 Car Garage
- Driveway
- Parking Included in Price
Home Design
- Entry on the 16th floor
- Concrete Block And Stucco Construction
- Concrete Perimeter Foundation
Interior Spaces
- 2,000 Sq Ft Home
- Built-In Features
- Historic or Period Millwork
- Fireplace With Gas Starter
- Sliding Doors
- Entrance Foyer
- Family Room
- Living Room with Fireplace
- Formal Dining Room
- Storage
- Wood Flooring
Kitchen
- Gas Cooktop
- Microwave
- Dishwasher
- Wine Refrigerator
- Stainless Steel Appliances
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- Walk-In Closet
- Dual Sinks
- Soaking Tub
- Separate Shower
Laundry
- Laundry Room
- Dryer
- Washer
Accessible Home Design
- Accessibility Features
- No Interior Steps
Outdoor Features
- Balcony
Utilities
- Forced Air Heating and Cooling System
- Lake Michigan Water
Listing and Financial Details
- Homeowner Tax Exemptions
Community Details
Overview
- Association fees include heat, air conditioning, water, gas, parking, insurance, doorman, tv/cable, exercise facilities, exterior maintenance, scavenger, snow removal, internet
- 180 Units
- Victoria Anderson Association, Phone Number (312) 943-2472
- High-Rise Condominium
- Property managed by Community Specialists
- 37-Story Property
Amenities
- Doorman
- Sundeck
- Party Room
- Elevator
- Service Elevator
- Community Storage Space
Recreation
- Bike Trail
Pet Policy
- Limit on the number of pets
- Dogs and Cats Allowed
Security
- Resident Manager or Management On Site
Map
About The Pearson
Home Values in the Area
Average Home Value in this Area
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 | $19,439 | $92,961 | $8,681 | $84,280 |
| 2023 | $18,928 | $95,450 | $6,990 | $88,460 |
| 2022 | $18,928 | $95,450 | $6,990 | $88,460 |
| 2021 | $18,524 | $95,448 | $6,989 | $88,459 |
| 2020 | $17,368 | $81,065 | $4,892 | $76,173 |
| 2019 | $16,985 | $87,969 | $4,892 | $83,077 |
| 2018 | $16,698 | $87,969 | $4,892 | $83,077 |
| 2017 | $16,650 | $80,718 | $3,914 | $76,804 |
| 2016 | $15,667 | $80,718 | $3,914 | $76,804 |
| 2015 | $14,785 | $83,307 | $3,914 | $79,393 |
| 2014 | $11,718 | $65,727 | $3,145 | $62,582 |
| 2013 | $11,954 | $65,727 | $3,145 | $62,582 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/08/2025 12/08/25 | For Sale | $1,099,000 | +27.1% | $550 / Sq Ft | |
| 06/12/2013 06/12/13 | Sold | $865,000 | -3.8% | $433 / Sq Ft | View Prior Sale |
| 04/25/2013 04/25/13 | Pending | -- | -- | -- | |
| 02/14/2013 02/14/13 | Price Changed | $899,000 | -9.2% | $450 / Sq Ft | |
| 01/09/2013 01/09/13 | For Sale | $990,000 | -- | $495 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $865,000 | None Available | |
| Quit Claim Deed | -- | First American Title Ins Co | |
| Warranty Deed | $780,000 | Chicago Title Insurance Comp |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $360,635 | Credit Line Revolving | |
| Previous Owner | $507,000 | Unknown | |
| Closed | $117,000 | No Value Available |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12468619
APN: 17-03-228-032-1062
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