NOT LISTED FOR SALE

Estimated Value: $1,270,000 - $3,720,000

4 Beds
6 Baths
4,180 Sq Ft
0.84 Acres

Last Sold August 14, 2014

Last sale price $3,575,000 $855 Per Sq Ft

Est. 38% decrease in value since last sale

Current estimated payment $15,632/month

Highlights

  • Doorman
  • 3-minute walk to Jackson Station (Red Line)
  • Heated Driveway
  • Steam Room
  • Fitness Center
  • 4-minute walk to Pritzker Park

About This Home

As of January 2024

Perched atop the renowned Metropolitan Tower, this residence boasts an unrivaled advantage - breathtaking panoramic views. Behold Chicago's most iconic lakefront landmarks from your lofty vantage point: Millennium Park, Navy Pier, the Art Institute, Buckingham Fountain, the Cultural Mile district of Michigan Avenue, and Museum Campus, to name a few. This high-style, two-level haven lies at the heart of the Loop, offering an ever-changing spectacle of the city and Lake Michigan. What sets this home apart is not just its location, but the extraordinary outdoor space it commands in the heart of Chicago.The moment you step inside, the craftsmanship is palpable. Elaborate custom architectural millwork and woodwork adorn every corner, infusing a European elegance into this contemporary space. Four magnificent fireplaces grace the home, creating a uniquely warm and inviting ambiance. The grandeur of the residence is apparent, with generously proportioned rooms spread across two engaging levels. Abundant natural light floods in, enhancing the visual continuity of spaces appointed with high-quality materials and finishes. As you enter, a sprawling foyer welcomes you with limestone floors and intricate ceiling moldings. The 12-foot high dining area captures your attention, framed by hand-painted Gracie wall coverings, city vistas, detailed millwork, and a stunning shoulder-height marble fireplace. The seamless flow between the dining space, library, living room, and kitchen makes this area truly exceptional.The living room, meticulously designed, offers a backdrop of the city and Lake Michigan. A substantial fireplace takes center stage, set against high ceilings, expansive windows, and a rare double tray ceiling design. The library, exuding old world style in oak, boasts Chevron patterned floors, a coffered ceiling, intricate detailing, and extensive built-in shelving. It's a room with views that include the iconic Buckingham Fountain.The custom kitchen, breakfast area, and bar design bear the signature of Christopher Peacock. Crafted in solid walnut with hand-painted lacquer finish and Fine Paints of Europe hardware, they showcase a 5-burner LaCornue range, custom polished nickel hood, Subzero refrigerator and freezer, an impressive Waterstone faucet, and honed Colorado Lincoln marble countertops. An adjoining room offers casual dining and a full bar with an antique mirror backsplash and custom-polished brass countertop. Desending the striking staircase leads you to a floor of ensuite bedrooms, a wet bar, laundry room, and a Christopher Peacock custom closet. The centerpiece of this level is the main terrace, almost 1700 square feet of outdoor bliss above Michigan Avenue-a true rarity in the city. The primary bedroom suite faces the front, treating you to stunning lake views, a corner fireplace, and a spa-like bathroom with double vanity, custom cabinetry, steam shower, and an oversized jetted tub. A second front-facing ensuite bedroom matches the grandeur, boasting identical views and fully customized closets. An opulent dressing room features Christopher Peacock walnut cabinets, quartzite countertops, and a trio of Restoration Hardware chandeliers.This smart home is equipped with Savant automation for effortless control via the master pad or app. Resident-level-only elevator access ensures convenience and privacy, opening directly at your front door on both levels. Building amenities include onsite management, Amazon pods, a 24/7 doorman, a capacious storage room, event space, and a fitness center. Three parking spaces are included, one of which is tandem. Discover the exceptional, with private elevator access to both floors 24 and 25, and savor the rare urban oasis of a sprawling private terrace in the heart of the city. Short term lease is available for a premium.

Last Agent to Rent the Property

Craig Hogan

Engel & Voelkers Chicago License #471016778 Listed on: 08/06/2023

Engel & Voelkers Chicago

Co-Listed By

Rodolfo Zavala

Engel & Voelkers Chicago License #475141164

Last Renter's Agent

Meredith Manni-Meserow

Jameson Sotheby's Int'l Realty License #475123840

Jameson Sotheby's Int'l Realty

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $41,987

Year Built

  • Built in 1924

Lot Details

  • End Unit

Parking

  • 3 Car Attached Garage
  • Heated Garage
  • Garage Transmitter
  • Tandem Garage
  • Garage Door Opener
  • Heated Driveway
  • Parking Included in Price
  • Deeded Parking Sold Separately

Home Design

  • Plaster

Interior Spaces

  • 4,180 Sq Ft Home
  • Wet Bar
  • Bookcases
  • Bar Fridge
  • Historic or Period Millwork
  • Coffered Ceiling
  • Gas Log Fireplace
  • Electric Fireplace
  • Blinds
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • 4 Fireplaces
  • Breakfast Room
  • Formal Dining Room
  • Library with Fireplace
  • Storage
  • Wood Flooring

Kitchen

  • Built-In Double Oven
  • Gas Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • High End Refrigerator
  • Freezer
  • Dishwasher
  • Wine Refrigerator

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Fireplace in Primary Bedroom
  • Bathroom on Main Level
  • Dual Sinks
  • Soaking Tub
  • Double Shower
  • Steam Shower
  • Shower Body Spray
  • Separate Shower

Laundry

  • Laundry on upper level
  • Sink Near Laundry
  • Washer and Dryer Hookup

Outdoor Features

  • Deck
  • Terrace

Schools

  • South Loop Elementary School
  • Phillips Academy High Middle School
  • Phillips Academy High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Listing and Financial Details

  • Security Deposit $19,000
  • Property Available on 8/6/23
  • Rent includes heat, water, parking, scavenger, security
  • 12 Month Lease Term

Community Details

Overview

  • 210 Units
  • Dick Parizek Association, Phone Number (312) 994-9111
  • Property managed by Habitat
  • Lock-and-Leave Community
  • 25-Story Property

Amenities

  • Doorman
  • Sundeck
  • Steam Room
  • Party Room
  • Elevator
  • Package Room
  • Community Storage Space

Recreation

  • Community Spa
  • Bike Trail

Pet Policy

  • Pets up to 80 lbs
  • Limit on the number of pets
  • Pet Size Limit
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Condo Details

Home Type

Condominium

Est. Annual Taxes

$41,987

Year Built

Built in 1924

Lot Details

0

Parking

3

Rental Info

  • Available Date: 2023-08-06
  • Lease Term: 12 Months
  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Type of Rental Property: Attached
  • Rental Price: 15500
  • Security Deposit: 19000
  • Is Parking Included in Price: Yes
  • Fees/Approvals: Credit Report,Move-in Fee,Move Out Fee,Refundable Damage Deposit
  • Max Pet Weight: 80

Listing Details

  • Property Type: Residential Lease
  • Property Type: Residential Lease
  • Type Attached: Condo
  • Property Sub-Type: Attached
  • Year Built: 1924
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train,None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 25
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 25

Interior Features

  • Appliances: Double Oven, Range, Microwave, Dishwasher, Refrigerator, High End Refrigerator, Bar Fridge, Freezer, Wine Refrigerator, Cooktop, Built-In Oven, Range Hood, Front Controls on Range/Cooktop, Gas Cooktop, Gas Oven
  • Basement: None
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bathrooms: 6
  • Total Bedrooms: 4
  • Fireplace Features: Electric, Gas Log, Gas Starter
  • Fireplaces: 4
  • Furnished: No
  • Interior Amenities: Bar-Wet, Hardwood Floors, Second Floor Laundry, First Floor Full Bath, Laundry Hook-Up in Unit, Storage, Bookcases, Coffered Ceiling(s), Historic/Period Mlwk, Special Millwork, Some Window Treatmnt, Some Wood Floors, Drapes/Blinds, Separate Dining Room, Plaster
  • LivingArea: 4180
  • Room Type: Library, Terrace, Breakfast Room
  • Stories Total: 25
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Separate Shower,Steam Shower,Double Sink,Full Body Spray Shower,Double Shower,Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Living Room,Master Bedroom,Den/Library,Dining Room
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Deck, End Unit
  • List Price: 15500
  • Waterfront: No
  • Exterior Building Type: Brick,Limestone

Garage/Parking

  • Garage Spaces: 3
  • ParkingTotal: 3
  • Driveway: Heated
  • Garage Details: Garage Door Opener(s),Transmitter(s),Heated,Tandem
  • Garage On-Site: Yes
  • Garage Ownership: Deeded Sold Separately
  • Garage Type: Attached
  • Parking: Garage
  • Deeded Garage Cost: 0

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Gas Dryer Hookup, Electric Dryer Hookup, In Unit, Sink
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit, Size Limit
  • Association Amenities: Bike Room/Bike Trails, Door Person, Elevator(s), Exercise Room, Storage, On Site Manager/Engineer, Party Room, Sundeck, Receiving Room, Security Door Lock(s), Steam Room, Spa/Hot Tub
  • Rent Includes: Heat, Water, Parking, Scavenger, Security
  • Management: Manager Off-site
  • Management Company: Habitat
  • Management Contact Name: Dick Parizek
  • Management Phone: 312-994-9111

Schools

  • Elementary School: South Loop Elementary School
  • High School: Phillips Academy High School
  • Middle/Junior School: Phillips Academy High School
  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: COMMON
  • Rural (Y/N): N

Multi Family

  • Units in Building: 210

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 15, 2025
Sold by
Chammas Emile Z and Lucidi-Chammas Debra M
Bought by
Emile And Debra Chammas Living Trust and Chammas
Current Estimated Value
$2,226,753

Purchase Details

Closed on
Feb 17, 2017
Sold by
Salviola Rocco and Salviola Jennifer
Bought by
Chammas Emile Z and Lucidi Chammas Debra M

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
2.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jun 10, 2014
Closed on
Aug 12, 2014
Sold by
Firstmerit Bank Na
Bought by
Salviola Rocco and Salviola Jennifer
Seller's Agent
Millie Rosenbloom
Baird & Warner
Buyer's Agent
Irina Ovrutsky
Coldwell Banker Realty
List Price
$3,890,000
Sold Price
$3,575,000
Premium/Discount to List
-$315,000
-8.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.20%

Purchase Details

Closed on
Feb 6, 2009
Sold by
310 South Michigan Avenue Llc
Bought by
Penthouse Partners Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,278,500
Interest Rate
5.06%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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Average Value
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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
Emile And Debra Chammas Living Trust -- None Listed On Document
Chammas Emile Z $3,800,000 Attorney
Salviola Rocco $3,575,000 Git
Penthouse Partners Llc $2,929,000 Near North National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chammas Emilez $1,345,000
Previous Owner Chammas Emile Z $1,500,000
Previous Owner Penthouse Partners Llc $4,278,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2024 01/24/24 Rented $15,250 -1.6% --
11/13/2023 11/13/23 Price Changed $15,500 -17.3% $4 / Sq Ft
09/18/2023 09/18/23 Price Changed $18,750 -1.3% $4 / Sq Ft
08/06/2023 08/06/23 For Rent $19,000 0.0% --
08/14/2014 08/14/14 Sold $3,575,000 -8.1% $855 / Sq Ft
08/01/2014 08/01/14 Pending -- -- --
06/10/2014 06/10/14 For Sale $3,890,000 -- $931 / 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 $41,987 $172,177 $10,893 $161,284
2023 $40,931 $199,000 $8,781 $190,219
2022 $40,931 $199,000 $8,781 $190,219
2021 $40,017 $199,000 $8,781 $190,219
2020 $42,177 $189,332 $7,956 $181,376
2019 $41,429 $206,204 $7,956 $198,248
2018 $40,732 $206,204 $7,956 $198,248
2017 $40,264 $187,041 $6,584 $180,457
2016 $37,462 $187,041 $6,584 $180,457
2015 $34,275 $187,041 $6,584 $180,457
2014 $24,603 $132,603 $9,328 $123,275
2013 $24,117 $132,603 $9,328 $123,275
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11852598

Midwest Real Estate Data (MRED)

APN: 17-15-107-078-1477