Seller's Agent in 2026
Tim Salm
Jameson Sotheby's Intl Realty
(312) 751-0300
20 in this area
181 Total Sales
3
Beds
3.5
Baths
5,382
Sq Ft
1985
Built
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
As of February 2026Exquisitely 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.
Last Agent to Sell the Property
Jameson Sotheby's Intl Realty Brokerage Phone: (312) 929-1562 License #475133721 Listed on: 11/12/2025
Co-Listed By
Jameson Sotheby's Intl Realty Brokerage Phone: (312) 929-1562 License #475145245
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $54,267
Year Built
- Built in 1985
Lot Details
- Additional Parcels
HOA Fees
- $8,531 Monthly HOA Fees
Parking
- 3 Car Attached Garage
- Leased Parking
- Parking Available
Home Design
- Entry on the 60th floor
- Marble or Granite Building Materials
Interior Spaces
- 5,382 Sq Ft Home
- Wet Bar
- 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
- Laundry on main level
- Dryer
- Washer
Home Security
- Home Security System
- Intercom
Utilities
- Forced Air Zoned Heating and Cooling System
- Humidifier
- Baseboard Heating
- 200+ Amp Service
- Lake Michigan Water
- Cable TV Available
Listing and Financial Details
- Senior Tax Exemptions
- Homeowner Tax Exemptions
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
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 12, 2025
Closed on
Feb 4, 2026
Sold by
George L Jewell Trust and Jewell George L
Bought by
Maloney Walter and Maloney Danielle
Seller's Agent
Tim Salm
Jameson Sotheby's Intl Realty
Buyer's Agent
Carmen Allen
Jameson Sotheby's Intl Realty
List Price
$2,880,000
Sold Price
$2,700,000
Premium/Discount to List
-$180,000
-6.25%
Views
77
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-99.44%
Purchase Details
Listed on
May 15, 2019
Closed on
Sep 6, 2019
Sold by
Jewell George L
Bought by
Jewell George L and George L Jewell Trust
Seller's Agent
Eugene Fu
@properties Christie's International Real Estate
Buyer's Agent
Non Member
NON MEMBER
List Price
$2,150,000
Sold Price
$1,888,000
Premium/Discount to List
-$262,000
-12.19%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.70%
Original Mortgage
$800,000
Interest Rate
3.7%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Purchase Details
Listed on
May 15, 2019
Closed on
Aug 30, 2019
Sold by
Chicago Title Land Trust Company
Bought by
Jewell George
Seller's Agent
Eugene Fu
@properties Christie's International Real Estate
Buyer's Agent
Non Member
NON MEMBER
List Price
$2,150,000
Sold Price
$1,888,000
Premium/Discount to List
-$262,000
-12.19%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
3.7%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Create a Home Valuation Report for This Property
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 |
|---|---|---|---|
| Warranty Deed | $2,700,000 | Citywide Title | |
| Interfamily Deed Transfer | -- | Attorney | |
| Deed | $1,888,000 | Chicago Title Land Trust Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $800,000 | Stand Alone Refi Refinance Of Original Loan |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/09/2026 02/09/26 | Sold | $2,700,000 | -6.3% | $502 / Sq Ft | |
| 01/12/2026 01/12/26 | Pending | -- | -- | -- | |
| 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)
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 |
|---|---|---|---|---|
| 2025 | $33,905 | $146,868 | $5,351 | $141,517 |
| 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
Agents Affiliated with this Home
-
Tim Salm
-
Matt Leutheuser
Seller Co-Listing Agent in 2026
Matt Leutheuser
Jameson Sotheby's Intl Realty
(773) 531-1867
2 in this area
71 Total Sales
-
Carmen Allen
C
Buyer's Agent in 2026
Carmen Allen
Jameson Sotheby's Intl Realty
1 in this area
55 Total Sales
-
N
Buyer's Agent in 2024
Non Member
NON MEMBER
-
Eugene Fu
Seller's Agent in 2019
Eugene Fu
@ Properties
(312) 804-3738
27 in this area
403 Total Sales
About Olympia Centre
Source: Midwest Real Estate Data (MRED)
MLS Number: 12505097
APN: 17-10-200-068-1279
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Based on information submitted to the MLS GRID
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