55 E Erie St, Unit 5001 Chicago, IL 60611
River North Neighborhood
3
Beds
3
Baths
4,200
Sq Ft
$4,074/mo
HOA Fee
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 2025PENTHOUSE 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.
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
- 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
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 14, 2025
Closed on
Apr 25, 2025
Sold by
55 East Erie Trust and Spatz William
Bought by
Trudeau Kevin
Seller's Agent
Karen Peterson
Baird & Warner
Buyer's Agent
Michael Lafido
LPT Realty
List Price
$2,395,000
Sold Price
$2,285,000
Premium/Discount to List
-$110,000
-4.59%
Views
26
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,080
Avg. Annual Appreciation
0.35%
Original Mortgage
$1,828,000
Interest Rate
7.38%
Mortgage Type
New Conventional
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
Similar Homes in Chicago, IL
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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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $2,285,000 | Citywide Title | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $1,828,000 | New Conventional | |
| Previous Owner | $1,500,000 | Credit Line Revolving | |
| Previous Owner | $1,799,250 | Credit Line Revolving | |
| Previous Owner | $1,800,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $1,800,000 | Unknown | |
| Previous Owner | $2,450,000 | Credit Line Revolving | |
| Previous Owner | $1,700,000 | Credit Line Revolving | |
| Previous Owner | $1,700,000 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 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
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
-
Seller's Agent in 2025
Karen Peterson
Baird Warner
(312) 282-2933
1 in this area
17 Total Sales
-
Seller Co-Listing Agent in 2025
Eileen Brennan
Baird Warner
(312) 909-5388
1 in this area
31 Total Sales
-
Buyer's Agent in 2025
Michael Lafido
LPT Realty
(630) 674-3488
1 in this area
146 Total Sales
-
A
Buyer's Agent in 2025
Aditya Malhotra
Baird Warner
(312) 640-7010
5 Total Sales
-
Buyer's Agent in 2023
Thomas Jakacki
Compass
(248) 880-4200
32 Total Sales
About This Building
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12291053
APN: 17-10-112-011-1012
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