Crystal Banks
Landstar Realty Group, Inc.
(224) 458-2653
57 Total Sales
1 in Magnificent Mile
$235,000 Price
Olympia Centre 161 E Chicago Ave Unit 60M1-N2 Floor 60 Chicago, IL 60611
Magnificent Mile NeighborhoodEstimated Value: $2,111,088
3
Beds
3.5
Baths
5,382
Sq Ft
1985
Built
Highlights
- Doorman
- Home Theater
- Whirlpool Bathtub
- Fitness Center
- Wood Flooring
- Community Indoor Pool
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
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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 Community
- 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 12, 2025
Closed on
Feb 4, 2026
Sold by
Bought by
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
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
-$588,912
Avg. Annual Appreciation
-40.11%
Purchase Details
Listed on
May 15, 2019
Closed on
Sep 6, 2019
Sold by
Bought by
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
New Conventional
Purchase Details
Listed on
May 15, 2019
Closed on
Aug 30, 2019
Sold by
Bought by
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
New Conventional
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Magnificent Mile, IL
-
Crystal Banks
-
Chloé Ifergan
Chloé Ifergan
Jameson Sotheby's Intl Realty
(855) 232-0459
92 Total Sales
12 in Magnificent Mile
$25K - $1.6M Price Range
-
Timothy Rhoten
Timothy Rhoten
Reserve RE
(855) 510-0218
109 Total Sales
1 in Magnificent Mile
$1,148,500 Price
-
Rafael Murillo
Rafael Murillo
Compass
(312) 548-3637
114 Total Sales
2 in Magnificent Mile
$745K - $2.3M Price Range
-
Nick Framularo
Nick Framularo
RE/MAX Premier
(773) 985-1816
94 Total Sales
2 in Magnificent Mile
$195K - $210K Price Range
-
Jeanne Keating
Jeanne Keating
Compass
(855) 211-8768
134 Total Sales
1 in Magnificent Mile
$1,650,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $2,700,000 | Citywide Title | ||
| -- | Attorney | ||
| $1,888,000 | Chicago Title Land Trust Co |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $800,000 | ||
| Previous Owner | $2,216,500 | ||
| Previous Owner | $600,000 | ||
| Previous Owner | $1,600,000 | ||
| Previous Owner | $1,260,000 | ||
| Previous Owner | $1,260,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
Seller's Agent in 2026
Tim Salm
Jameson Sotheby's Intl Realty
(312) 751-0300
22 in this area
178 Total Sales
-
Matt Leutheuser
Seller Co-Listing Agent in 2026
Matt Leutheuser
Jameson Sotheby's Intl Realty
(773) 531-1867
2 in this area
62 Total Sales
-
Carmen Allen
C
Buyer's Agent in 2026
Carmen Allen
Jameson Sotheby's Intl Realty
(312) 636-2999
1 in this area
57 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
390 Total Sales
About Olympia Centre
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12505097
APN: 17-10-200-068-1279
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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