$199,900
PENDING $15K PRICE DROP

Park Place Tower 655 W Irving Park Rd Unit 2503 Floor 25 Chicago, IL 60613

Lakeview East Neighborhood

Estimated payment $2,112/month

Total Views 7,148
1 Bed
1 Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Water Views
  • Soaking Tub
  • Sliding Doors
  • Open Floorplan
  • Laundry Room
  • 3-minute walk to Gill (Joseph) Park

About This Home

Welcome to Unit 2503 at Park Place Tower! This completely renovated 1-bedroom, 1-bathroom condo on the 25th floor offers stunning panoramic views and luxurious modern living in one of Chicago's most sought-after high-rise buildings. NEW! NEW! NEW!!! Step inside to discover a brand new chef's kitchen featuring sleek cabinetry, quartz counters, subway tile back splash, Kohler sink, stainless steel slide in range, built in microhood, dishwasher, contemporary finishes, and an oversized breakfast bar-perfect for cooking, dining, and entertaining. The bathroom has been fully updated, showcasing fresh tilework and modern fixtures. Throughout the unit, you'll find all-new flooring, freshly painted walls, new interior doors, and all new fixtures, creating a bright and polished ambiance from the moment you walk in. Wake up to skyline and lake views from both your living room and bedroom-like living above the clouds in your own private retreat. 1 deeded parking space included! Park Place Tower offers unbeatable amenities including 24-hour door staff, a fully equipped fitness center, media and party rooms, and an expansive outdoor sundeck featuring a pool, cabanas, grills, and even a basketball court. Pet owners will appreciate the dog run accessible through the heated garage. Located just steps from the lakefront, Wrigley Field, shops, restaurants, and nightlife-this is the ultimate city lifestyle.

Listing Agent

Patti Furman

Coldwell Banker Realty License #475144230 Listed on: 09/25/2025

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,055

Year Built

  • Built in 1973 | Remodeled in 2025

HOA Fees

  • $807 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Parking Included in Price

Home Design

  • Entry on the 25th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • Open Floorplan
  • Blinds
  • Sliding Doors
  • Family Room
  • Combination Dining and Living Room
  • Laundry Room

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom
  • Soaking Tub

Additional Features

  • Additional Parcels
  • Forced Air Heating and Cooling System

Community Details

Overview

  • Association fees include heat, air conditioning, water, parking, insurance, security, doorman, tv/cable, exercise facilities, pool, lawn care, scavenger, snow removal
  • 901 Units
  • Jonathon Nagatani Association, Phone Number (773) 929-9200
  • High-Rise Condominium
  • Park Place Tower Subdivision
  • Property managed by First Residential Services
  • 55-Story Property

Amenities

  • Laundry Facilities

Pet Policy

  • Limit on the number of pets
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,055

Year Built

Built in 1973 | Remodeled in 2025

Lot Details

0

HOA Fees

$807 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,High Rise (7+ Stories)
  • Ownership: Condo
  • EntryLevel: 25
  • New Construction: No
  • Property Sub-Type: Condo,High Rise (7+ Stories)
  • Subdivision Name: Park Place Tower
  • Year Built: 1973
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2025
  • Actual Status: Pending
  • SomePhotosVirtuallyStaged: Yes
  • MRD_WaterViewYN: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 55
  • Year Renovated: 2025

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Door Features: Sliding Doors
  • Interior Amenities: Open Floorplan, Quartz Counters
  • Room Type: No additional rooms
  • Stories Total: 55
  • Window Features: Drapes, Blinds
  • Estimated Total Finished Sq Ft: 0
  • Bathroom Amenities: Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Flooring: Other

Exterior Features

  • Construction Materials: Glass, Concrete
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Yes, Garage Owned, Attached, Garage
  • ParkingTotal: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air
  • Laundry Features: Common Area
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit
  • Association Fee: 807
  • Association Fee Frequency: Monthly
  • Management: Manager On-site,Monday through Saturday
  • Master Association Fee Frequency: Not Required
  • Management Company: First Residential Services
  • Management Contact Name: Jonathon Nagatani
  • Management Phone: 773-929-9200

Fee Information

  • Association Fee Includes: Heat, Air Conditioning, Water, Parking, Insurance, Security, Doorman, TV/Cable, Exercise Facilities, Pool, Lawn Care, Scavenger, Snow Removal

Lot Info

  • Additional Parcels: Yes
  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 2
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 3055
  • Tax Year: 2023

Multi Family

  • Units in Building: 901

Map

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

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 $2,739 $17,657 $953 $16,704
2023 $2,649 $16,300 $859 $15,441
2022 $2,649 $16,300 $859 $15,441
2021 $2,608 $16,299 $858 $15,441
2020 $2,495 $14,301 $532 $13,769
2019 $2,478 $15,762 $532 $15,230
2018 $2,435 $15,762 $532 $15,230
2017 $2,188 $13,539 $468 $13,071
2016 $2,212 $13,539 $468 $13,071
2015 $2,279 $15,058 $468 $14,590
2014 $1,596 $11,170 $361 $10,809
2013 $1,553 $11,170 $361 $10,809
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/01/2025 12/01/25 Pending -- -- --
11/20/2025 11/20/25 Price Changed $199,900 -4.8% --
10/21/2025 10/21/25 Price Changed $209,900 -2.3% --
09/25/2025 09/25/25 For Sale $214,900 -- --
Source: Midwest Real Estate Data (MRED)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $245,000 Rtc
Warranty Deed $190,000 Rtc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $196,000 Fannie Mae Freddie Mac
Previous Owner $152,000 Unknown
Source: Public Records

Source: Midwest Real Estate Data (MRED)

MLS Number: 12481081

Midwest Real Estate Data (MRED)

APN: 14-21-101-054-1377