$2,880,000

Estimated payment $28,075/month

Total Views 270
3 Beds
5 Baths
5,382 Sq Ft
$535 Price per Sq Ft

Highlights

  • Doorman
  • 5-minute walk to Chicago Avenue Station (Red Line)
  • Wood Flooring
  • Fitness Center
  • Home Theater
  • 2-minute walk to Seneca Park

About This Home

Exquisitely modern with unparalleled panoramic views of the Chicago skyline and Lake Michigan, Residence 60M1 at 161 E. Chicago Avenue is a masterfully reimagined 3-bedroom, 3.5-bath duplex penthouse within the exclusive Olympia Centre. A 2023 full-scale renovation, this 5,400-square-foot corner home represents the pinnacle of luxury design, craftsmanship, and technology. The main level unfolds into a dramatic two-story great room showcasing 85 feet of contiguous north-facing windows and 45 feet of east-facing windows, bathing the interiors in natural light and framing mesmerizing city and lake vistas. Perfectly tailored for grand entertaining and refined daily living, this open-concept space encompasses a formal living area, a lounge/den with a custom wet bar and full-height Gaggenau wine refrigeration, a chef-inspired kitchen, and an elegant family room-all unified by seven-inch-wide white oak flooring. At the heart of the home, the Arclinea-designed kitchen impresses with fume oak cabinetry, a leathered quartzite island, Sub-Zero and Wolf appliances, and an integrated eight-foot dining table for effortless gathering. The primary suite on the main level is a true retreat, featuring a 15' x 14' custom B&B Italia dressing room with a leather-wrapped island and an ensuite spa bath clad in Breccia Capraia marble, complete with a Roman shower, Artelinea glass-top vanity, and a bubble jet soaking tub. Upstairs, two additional bedrooms each offer walk-in closets, designer ensuite baths, and captivating skyline views. Every detail throughout the residence has been thoughtfully curated-marble powder room, dual laundry rooms, motorized shades, Waterworks fixtures, Toto intelligent toilets, custom millwork for storage, integrated surround sound, Savant smart home automation, and Araknis wireless networking. A second-floor entrance adds convenience and privacy. Residents of Olympia Centre enjoy five-star amenities, including 24-hour door staff and concierge, a fitness center, indoor pool and spa, entertainment suite, sun deck, and onsite parking. Perfectly positioned amid Chicago's most celebrated destinations-Michigan Avenue, the historic Water Tower, the John Hancock Building, the Museum of Contemporary Art, and the lakefront-and directly adjacent to Neiman Marcus, Residence 60M1 delivers uncompromising luxury and sophistication in the heart of it all.

Listing Agent

Tim Salm

Jameson Sotheby's Intl Realty Brokerage Phone: (312) 929-1562 License #475133721 Listed on: 11/12/2025

Jameson Sotheby's Intl Realty

Co-Listing Agent

Matt Leutheuser

Jameson Sotheby's Intl Realty Brokerage Phone: (312) 929-1562 License #475145245

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $64,726

Year Built

  • Built in 1985

Lot Details

  • Additional Parcels

HOA Fees

  • $7,502 Monthly HOA Fees

Parking

  • 3 Car Garage

Home Design

  • Entry on the 60th floor

Interior Spaces

  • 5,382 Sq Ft Home
  • Entrance Foyer
  • Great Room
  • Family Room
  • Living Room
  • Formal Dining Room
  • Home Theater
  • Wood Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Intercom

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Baseboard Heating
  • 200+ Amp Service
  • Lake Michigan Water
  • Cable TV Available

Community Details

Overview

  • Association fees include air conditioning, water, insurance, security, doorman, tv/cable, exercise facilities, pool, exterior maintenance, lawn care, scavenger, snow removal
  • 292 Units
  • First Service Association, Phone Number (312) 751-8174
  • High-Rise Condominium
  • Olympia Centre Subdivision
  • Property managed by Draper & Kramer
  • 63-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Sundeck
  • Party Room
  • Coin Laundry
  • Elevator
  • Service Elevator
  • Package Room
  • Community Storage Space

Recreation

  • Community Spa
  • Bike Trail

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$64,726

Year Built

Built in 1985

Lot Details

0

HOA Fees

$7,502 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,High Rise (7+ Stories)
  • Ownership: Condo
  • EntryLevel: 60
  • New Construction: No
  • Property Sub-Type: Condo,High Rise (7+ Stories)
  • Subdivision Name: Olympia Centre
  • Year Built: 1985
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): Yes
  • Rehab (Y/N): No
  • Rebuilt Year: 2023
  • Attribution Contact: (312) 929-1562
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 63

Interior Features

  • Appliances: Double Oven, Microwave, Dishwasher, Refrigerator, High End Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Humidifier
  • Basement: None
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bathrooms: 5
  • Total Bedrooms: 3
  • Flooring: Hardwood
  • Interior Amenities: Wet Bar, Theatre Room
  • LivingArea: 5382
  • Other Equipment: TV-Cable, Security System, Intercom, Fire Sprinklers
  • Room Type: Great Room, Foyer
  • Stories Total: 63
  • Estimated Total Finished Sq Ft: 0
  • Bathroom Amenities: Whirlpool,Separate Shower,Double Sink
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0

Exterior Features

  • Construction Materials: Marble/Granite
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Yes, Leased, Attached, Garage
  • ParkingTotal: 3

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Zoned
  • Electric: Circuit Breakers, 200+ Amp Service
  • Heating: Electric, Baseboard, Zoned
  • Laundry Features: Main Level, Upper Level, Washer Hookup
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 7502
  • Association Amenities: Bike Room/Bike Trails, Door Person, Coin Laundry, Elevator(s), Exercise Room, Storage, Health Club, On Site Manager/Engineer, Party Room, Sundeck, Indoor Pool, Receiving Room, 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: Draper & Kramer
  • Management Contact Name: First Service
  • Management Phone: 312-751-8174

Fee Information

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

Lot Info

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

Rental Info

  • Lease Amount: 380
  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No
  • Max Pet Weight: 0

Tax Info

  • Tax Annual Amount: 64726.41
  • Tax Year: 2023
  • Tax Exemptions: None

Multi Family

  • Units in Building: 292

Range of Values:

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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 $33,905 $146,868 $5,351 $141,517
2023 $33,013 $166,665 $4,385 $162,280
2022 $33,013 $166,665 $4,385 $162,280
2021 $32,309 $166,663 $4,384 $162,279
2020 $36,796 $170,758 $3,328 $167,430
2019 $36,006 $185,385 $3,328 $182,057
2018 $34,697 $185,385 $3,328 $182,057
2017 $37,152 $178,657 $2,835 $175,822
2016 $34,926 $178,657 $2,835 $175,822
2015 $31,914 $178,657 $2,835 $175,822
2014 $25,738 $143,122 $2,219 $140,903
2013 $25,210 $143,122 $2,219 $140,903
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/12/2025 11/12/25 For Sale $2,880,000 0.0% $535 / Sq Ft
02/23/2024 02/23/24 Rented $18,000 0.0% --
09/18/2023 09/18/23 For Rent $18,000 0.0% --
08/30/2019 08/30/19 Sold $1,888,000 -12.2% $351 / Sq Ft View Prior Sale
08/18/2019 08/18/19 Pending -- -- --
05/15/2019 05/15/19 For Sale $2,150,000 -- $399 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Attorney
Deed $1,888,000 Chicago Title Land Trust Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $800,000 Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Source: Midwest Real Estate Data (MRED)

MLS Number: 12505097

Midwest Real Estate Data (MRED)

APN: 17-10-200-068-1279