$2,285,000
SOLD MAY 7, 2025
3 Beds
3 Baths
4,200 Sq Ft
$4,074/mo HOA Fee

Recently Sold

$544 Per Sq Ft

5% Below List Price

54 Days on Market

Highlights

  • Doorman
  • 5-minute walk to Grand Avenue Station (Red Line)
  • Fireplace in Primary Bedroom
  • Fitness Center
  • Landscaped Professionally
  • Wood Flooring

About This Home

As of May 2025

PENTHOUSE LIVING WITH PANORAMIC VIEWS AT AN UNSURPASSED VALUE! This beautifully designed penthouse home epitomizes the height of luxury living. Leave the frenzied world below as you step into your entry foyer and are greeted by the serene, ever-changing lake and iconic Chicago skyline views. Choose which of three balconies and view you wish to enjoy while sipping a refreshing drink as the sunset casts its colorful hues across the city landscape. Gourmet cook? The state-of-the art kitchen, tempered by warm design, exotic wood cabinetry, a pantry (with an additional refrigerator/freezer and dry bar), high-end appliances, a baking center, six burner, gas cooktop, and a comfortable sitting or casual dining area provides a spacious and thoughtfully designed haven to exercise culinary talents. The generously proportioned master suite features its own balcony, two immense closets, a lovely fireplace, spa-like bath with double vanity, all framed by spectacular views. This home speaks to art enthusiasts wishing for endless wall and display spaces to showcase their most prized collections. The 11-foot ceilings further enhance the relaxed and sophisticated art gallery ambiance. Working from home? There is an office with space for two. Two additional, large, en-suite bedrooms are perfect for guests, children, a media room, or studio. This extraordinary space, comprising 4200 square feet, affords flexibility to meet a multitude of lifestyles. Central Vac, Security System. 1,2 or 3 prime parking spaces are available on the 3rd floor for $47,500 each. 55 East Erie provides privileged living with full-service amenities, 24-hour door staff, high-tech security, hospitality room, fitness center, full-length lap pool, locker rooms, jacuzzi, steam rooms, and more. Located in Chicago's exclusive "Mansion Row," world-class cultural venues, shopping, fine dining, and transportation are outside your door. Schedule your appointment to see this home.

Last Agent to Sell the Property

Karen Peterson

Baird & Warner Listed on: 02/14/2025

Baird & Warner

Co-Listed By

Eileen Brennan

Baird & Warner License #471016009

Last Buyer's Agent

Michael Lafido

LPT Realty License #475126299

LPT Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $62,359

Year Built

  • Built in 2004

Lot Details

  • End Unit
  • Landscaped Professionally

HOA Fees

  • $4,074 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Parking Included in Price

Home Design

  • Entry on the 50th floor
  • Reinforced Caisson Foundation
  • Stone Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,200 Sq Ft Home
  • Central Vacuum
  • Built-In Features
  • Fireplace With Gas Starter
  • Window Screens
  • Entrance Foyer
  • Family Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Formal Dining Room
  • Home Office
  • Wood Flooring

Kitchen

  • Double Oven
  • Microwave
  • High End Refrigerator
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • 3 Full Bathrooms
  • Bidet
  • Dual Sinks
  • Whirlpool Bathtub
  • Shower Body Spray
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Intercom

Outdoor Features

  • Terrace

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Baseboard Heating
  • Lake Michigan Water
  • Cable TV Available

Community Details

Overview

  • Association fees include water, gas, parking, insurance, security, doorman, tv/cable, exercise facilities, pool, exterior maintenance, lawn care, scavenger, internet
  • 214 Units
  • Jeff Association, Phone Number (312) 440-0100
  • High-Rise Condominium
  • Property managed by Sudler
  • 56-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Elevator
  • Service Elevator
  • Package Room
  • 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

Property Details

Home Type

Condominium

Est. Annual Taxes

$62,359

Year Built

Built in 2004

Lot Details

0

HOA Fees

$4,074 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,High Rise (7+ Stories)
  • Ownership: Condo
  • EntryLevel: 50
  • New Construction: No
  • Property Sub-Type: Condo,High Rise (7+ Stories)
  • Year Built: 2004
  • Age: 21-25 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 56

Interior Features

  • Appliances: Double Oven, Microwave, Dishwasher, Refrigerator, High End Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Humidifier
  • Basement: None
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Gas Starter
  • Fireplaces: 2
  • Flooring: Hardwood
  • Interior Amenities: Built-in Features, Walk-In Closet(s)
  • LivingArea: 4200
  • Other Equipment: Central Vacuum, Security System, Intercom
  • Room Type: Office, Walk In Closet, Terrace, Pantry, Foyer
  • Stories Total: 56
  • Window Features: Screens
  • Estimated Total Finished Sq Ft: 0
  • Bathroom Amenities: Whirlpool,Separate Shower,Double Sink,Bidet,Full Body Spray Shower
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Fireplace Location: Living Room,Master Bedroom
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Builder

Exterior Features

  • Common Walls: End Unit
  • Construction Materials: Stone, Limestone
  • ExteriorFeatures: Balcony
  • Foundation Details: Concrete Perimeter, Reinforced Caisson
  • Lot Features: Irregular Lot, Landscaped
  • Roof: Tar/Gravel
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Garage Door Opener, On Site, Garage Owned, Attached, Garage
  • ParkingTotal: 3

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Electric, Forced Air, Baseboard, Zoned, Radiant Floor
  • Laundry Features: Washer Hookup, Electric Dryer Hookup, In Unit
  • Utilities: Cable Available
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit
  • Association Fee: 4074
  • Association Amenities: Bike Room/Bike Trails, Door Person, Elevator(s), Exercise Room, Storage, On Site Manager/Engineer, Indoor Pool, Receiving Room, Sauna, Service Elevator(s), Valet/Cleaner
  • Association Fee Frequency: Monthly
  • Management: Manager On-site,Monday through Friday
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Sudler
  • Management Contact Name: Jeff
  • Management Phone: 312-440-0100
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Gas, Parking, Insurance, Security, Doorman, TV/Cable, Exercise Facilities, Pool, Exterior Maintenance, Lawn Care, Scavenger, Internet

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 62359.45
  • Tax Year: 2023

Multi Family

  • Units in Building: 214

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 21, 2025
Sold by
Trudeau Kevin
Bought by
Trudeau Kevin and Trudeau Danielle
Current Estimated Value
$2,372,900

Purchase Details

Closed on
Dec 28, 2012
Sold by
Spatz Wendy
Bought by
55 Erie Trust

Purchase Details

Closed on
Sep 18, 2008
Sold by
Spatz William
Bought by
Spatz Wendy
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/07/2025 05/07/25 Sold $2,285,000 +20672.7% $544 / Sq Ft
04/09/2025 04/09/25 Pending -- -- --
03/04/2025 03/04/25 Rented $11,000 0.0% --
02/14/2025 02/14/25 For Sale $2,395,000 0.0% $570 / Sq Ft
05/20/2024 05/20/24 For Rent $15,000 0.0% --
01/13/2023 01/13/23 Rented $15,000 +20.0% --
11/29/2022 11/29/22 Price Changed $12,500 -16.7% $3 / Sq Ft
01/14/2022 01/14/22 For Rent $15,000 -- --
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 $62,359 $273,396 $7,183 $266,213
2023 $61,411 $295,557 $5,815 $289,742
2022 $61,411 $298,571 $5,815 $292,756
2021 $63,656 $316,553 $5,814 $310,739
2020 $61,672 $276,844 $4,468 $272,376
2019 $60,386 $300,561 $4,468 $296,093
2018 $59,371 $300,561 $4,468 $296,093
2017 $61,230 $284,432 $3,806 $280,626
2016 $56,969 $284,432 $3,806 $280,626
2015 $52,121 $284,432 $3,806 $280,626
2014 $46,288 $249,477 $2,978 $246,499
2013 $44,895 $249,477 $2,978 $246,499
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12291053

Midwest Real Estate Data (MRED)

APN: 17-10-112-011-1012