$2,699,000

Estimated payment $23,268/month

Total Views 36,512
3 Beds
4.5 Baths
5,400 Sq Ft
$500 Price per Sq Ft

Highlights

  • Doorman
  • Lock-and-Leave Community
  • Marble Flooring
  • Fitness Center
  • Double Shower
  • 4-minute walk to Mariano (Louis) Park

About This Home

A ONE-OF-A-KIND FULLY RENOVATED 5,000 SQARE FOOT, 3 BEDROOM PLUS DEN, 4 1/2 BATHROOM PENTHOUSE WITH 550 FEET OF PRIVATE TERRACE ACCESSIBLE FROM FIVE ROOMS, ONE OF ONLY TWO HOMES IN THE BUILDING. A DREAM TERRACE FOR ENTERTAINMENT OR QUIET ENJOYMENT RENOVATED IN 2025! EXCEPTIONAL PENTHOUSE IN ONE OF CHICAGO'S PREMIER LUXURY BUILDINGS - ONE MAGNIFICENT MILE. INCOMPARABLE AND BREATHTAKING SKYLINE AND LAKE MICHIGAN VIEWS FROM EVERY ROOM. DRAMATIC GALLERY LEADS YOU TO A LARGE FAMILY ROOM, LIVING ROOM ON THE OPPOSITE SIDE AND ELEGANT SEPARATE DINING ROOM. THE MODERN KITCHEN BOASTS AN OVERSIZE ISLAND, A CASUAL DINING AREA, FLOOR-TO-CEILING WINDOWS AND SLIDING DOORS TO THE TERRACE. TOP-OF-THE-LINE STAINLESS STEEL APPLIANCES, INCLUDING SUB-ZERO, WOLF, AND VIKING. IMAGINE COOKING WITH THE CITYSCAPE AS YOUR BACKGROUND!BE ON VACATION YEAR-ROUND IN THE MASTER SUITE WITH A WALL OF WINDOWS, TERRACE, A TRUE DRESSING ROOM, CLOSETS GALORE AND TWO SPA-LIKE BATHROOMS. TWO ADDITIONAL EN SUITE BEDROOMS COMPLETE THIS EXCEPTIONAL RESIDENCE IN THE SKY. FULL-AMENITY, IMPECCABLY MANAGED BUILDING IS IDEALLY SITUATED ON PRESTIGIOUS MICHIGAN AVENUE AND OFFERS 24-HOUR DOOR STAFF, ROOFTOP DECK, INDOOR POOL AND SPA, POOLSIDE DECK, AND FITNESS FACILITY. BEACH, SHOPPING, AND ENTERTAINMENT AT YOUR DOORSTEP!

Listing Agent

Zaga Arsic

@properties Christie's International Real Estate License #475124759 Listed on: 07/08/2025

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $40,885

Year Built

  • Built in 1983 | Remodeled in 2022

HOA Fees

  • $5,607 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Entry on the 49th floor
  • Reinforced Caisson Foundation

Interior Spaces

  • 5,400 Sq Ft Home
  • Entrance Foyer
  • Family Room
  • Living Room
  • Formal Dining Room
  • Den
  • Storage
  • Gallery

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Walk-In Closet
  • Bidet
  • Whirlpool Bathtub
  • Double Shower
  • Steam Shower
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Sink Near Laundry

Home Security

Outdoor Features

  • Terrace

Utilities

  • Zoned Heating and Cooling System
  • Individual Controls for Heating
  • Radiant Heating System
  • Lake Michigan Water
  • Cable TV Available

Community Details

Overview

  • Association fees include water, insurance, security, doorman, tv/cable, exercise facilities, pool, exterior maintenance, snow removal, internet
  • 181 Units
  • Maura Davis Association, Phone Number (312) 664-6055
  • High-Rise Condominium
  • One Magnificent Mile Subdivision
  • Property managed by One Magnificent Mile Condominium Association
  • Lock-and-Leave Community
  • 56-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Sundeck
  • Common Area
  • Restaurant
  • Sauna
  • Elevator
  • Service Elevator
  • Package Room
  • Community Storage Space

Recreation

  • Community Spa
  • Bike Trail

Pet Policy

  • Pets up to 30 lbs
  • Limit on the number of pets
  • Pet Size Limit
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site
  • Carbon Monoxide Detectors
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$40,885

Year Built

Built in 1983 | Remodeled in 2022

Lot Details

0

HOA Fees

$5,607 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,High Rise (7+ Stories)
  • Ownership: Condo
  • EntryLevel: 49
  • New Construction: No
  • Property Sub-Type: Condo,High Rise (7+ Stories)
  • Subdivision Name: One Magnificent Mile
  • Year Built: 1983
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2022
  • Actual Status: Active
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 56
  • Year Renovated: 2022

Interior Features

  • Appliances: Double Oven, Range, Microwave, Dishwasher, High End Refrigerator, Washer, Dryer, Disposal, Indoor Grill, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5
  • Total Bedrooms: 3
  • Flooring: Hardwood
  • Interior Amenities: Storage, Walk-In Closet(s)
  • LivingArea: 5400
  • Other Equipment: TV-Cable, Fire Sprinklers, CO Detectors
  • Room Type: Den, Foyer, Gallery, Pantry, Terrace, Walk In Closet, Other Room
  • Stories Total: 56
  • Estimated Total Finished Sq Ft: 0
  • Bathroom Amenities: Whirlpool,Separate Shower,Steam Shower,Bidet,Double Shower,Soaking Tub
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Flooring: Carpet

Exterior Features

  • Construction Materials: Marble/Granite
  • ExteriorFeatures: Balcony
  • Foundation Details: Reinforced Caisson
  • Lot Features: Common Grounds, Corner Lot
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Heated Garage, On Site, Leased, Attached, Garage
  • ParkingTotal: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Electric, Radiant, Indv Controls, Zoned
  • Laundry Features: Washer Hookup, In Unit, Laundry Closet, Sink
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit, Size Limit
  • Association Fee: 5607
  • Association Amenities: Bike Room/Bike Trails, Door Person, Elevator(s), Exercise Room, Storage, Health Club, On Site Manager/Engineer, Sundeck, Indoor Pool, Receiving Room, Restaurant, Sauna, Security Door Lock(s), Service Elevator(s), Valet/Cleaner, Spa/Hot Tub
  • Association Fee Frequency: Monthly
  • Management: Manager On-site,Monday through Friday
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: One Magnificent Mile Condominium Association
  • Management Contact Name: MAURA DAVIS
  • Management Phone: 312-664-6055

Fee Information

  • Association Fee Includes: Water, Insurance, Security, Doorman, TV/Cable, Exercise Facilities, Pool, Exterior Maintenance, Snow Removal, Internet

Lot Info

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

Rental Info

  • Lease Amount: 348
  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 30

Tax Info

  • Tax Annual Amount: 40885.29
  • Tax Year: 2023
  • Tax Exemptions: None

Multi Family

  • Units in Building: 181

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 $40,885 $194,732 $7,543 $187,189
2023 $39,857 $193,779 $6,073 $187,706
2022 $39,857 $193,779 $6,073 $187,706
2021 $47,005 $233,749 $6,073 $227,676
2020 $57,869 $259,769 $4,251 $255,518
2019 $57,352 $285,460 $4,251 $281,209
2018 $59,512 $301,277 $4,251 $297,026
2017 $53,119 $246,754 $3,400 $243,354
2016 $49,422 $246,754 $3,400 $243,354
2015 $45,217 $246,754 $3,400 $243,354
2014 $41,664 $224,558 $2,732 $221,826
2013 $40,841 $224,558 $2,732 $221,826
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/08/2025 07/08/25 For Sale $2,699,000 +42.1% $500 / Sq Ft
01/10/2022 01/10/22 Sold $1,900,000 -13.4% $380 / Sq Ft View Prior Sale
11/12/2021 11/12/21 Pending -- -- --
04/26/2021 04/26/21 For Sale $2,195,000 -- $439 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- --
Warranty Deed -- --
Joint Tenancy Deed $2,100,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,575,000 No Value Available
Source: Public Records

Source: Midwest Real Estate Data (MRED)

MLS Number: 12409271

Midwest Real Estate Data (MRED)

APN: 17-03-207-068-1028