5 months on rocket

118 E Erie St Unit 25B, Chicago, IL, 60611

$1,095,000

Home List Price

$10,000*

Closing Credit

2 Bedrooms
2 Full Baths
1,505 SqFt
$728/SqFt
Condo

Location

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118 E Erie St Unit 25B, Chicago$1,095,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Attached Garage1 space
Year Built2012
HeatingForced Air, Steam, Zoned
CoolingCentral Air
FireplaceGas Starter
MLS #12056207
StatusActive

About 118 E Erie St Unit 25B

Welcome to The Ritz-Carlton Residence, where luxury meets sophistication in the vibrant heart of Chicago. This exquisite 2-bedroom, 2-bathroom residence, located in the rarely available "B" tier, offers an amazing opportunity to indulge in sophistication and comfort, complete with a private outdoor balcony for your enjoyment. As you step into this meticulously designed space, you are greeted by a custom entryway adorned with a built-in table and shelf, setting the tone for elegance and functionality. The spacious living area boasts a cozy gas fireplace, custom-built-ins, and a charming banquette, providing the perfect ambiance for relaxation or taking in the breathtaking views of the city. Designed by the esteemed de Guilio for culinary enthusiasts, the chef's dream kitchen features top-of-the-line appliances, including a Wolf 6-burner gas stove, granite countertops and elegant SieMatic cabinetry, and premium Wolf, Sub Zero, and Miele appliances, ensuring every meal is a culinary delight. Both bedrooms offer en-suite bathrooms adorned with luxurious finishes, including Dornbracht fixtures, Kallista sinks, and custom tile work. The primary suite is a sanctuary unto itself, boasting a spa-like bath with exquisite marble accents and double vanities, offering the ultimate retreat from the hustle and bustle of city life. Convenience meets luxury with the inclusion of an in-unit washer/dryer, allowing for effortless living. Natural light floods the space, accentuating the architectural details such as arched doorways and gleaming hardwood flooring, Control4 Smart Home Automation Package and Lutron Shades, enhancing the home's timeless charm. Residents of The Ritz-Carlton Residence have exclusive access to the building's Landmark Club, featuring a state-of-the-art fitness center, billiards lounge, serene spa treatment and relaxation rooms, private theatre/screening room, private dining room, conference room, and wine storage all with private butler service providing an array of amenities for every lifestyle. Complementing the lavish amenities is a dedicated concierge staff, offering assistance with party planning, catering needs, shoe shining, car washing, travel arrangements, and grocery shopping, ensuring a truly seamless living experience. For added convenience, one valet parking space is available for purchase at $50,000, ensuring effortless access to your urban oasis. Experience the epitome of luxury living at The Ritz-Carlton Residence, where every detail is meticulously crafted to exceed your expectations and elevate your lifestyle in the heart of Chicago. Welcome home.

Property Details

Property Features

Property Information:

  • Year Built: 2012
  • Stories: 41
  • Living Area: 1,505 SqFt

Listing Office:

  • Office Name: @properties Christie's International Real Estate
  • Office Phone: (312) 682-8500
  • Listing Agent: Margaret Baczkowski

Interior Features

Interior Information:

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: No
  • Interior: Hardwood Floors, Laundry Hook-Up in Unit, Storage, Built-in Features, Doorman, Health Facilities, Lobby
  • Fireplace: Gas Starter

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Balcony, Storms/Screens

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes

Lot Features

Lot Information:

  • Lot: Corner Lot

Utilities

Utilities Information:

  • Heating: Forced Air, Steam, Zoned
  • Cooling: Central Air

Other

Directions Information:

  • Directions: NW corner of Michigan Avenue and Erie Street

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,095,000
  • Price Per SqFt: $728/SqFt

HOA Fees:

  • Amount: $2351
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Chicago, IL.

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Chicago, IL

City

Med. Sold Price

$360.3K

Med. Price/SqFt

$259

Avg. Days On Market

32

# of Sold Homes

1796

118 E Erie St Unit 25B vs Chicago

170 DAYS ON ROCKET

+138 Days

$1,095,000

+$734.6K More

$728/SqFt

+$468 More

KEY TAKEAWAY

This property is $734.6K more than the Median Sold Price and $468/SqFt more than other homes in Chicago, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MRED
  • MLS Number: #12056207

Listing Office:

  • Office Name: @properties Christie's International Real Estate
  • Office Phone: (312) 682-8500
  • Listing Agent: Margaret Baczkowski

IDX Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID.

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.

IDX Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than the broker/agent who owns the website are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers.

All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

Some properties which appear for sale on this website may subsequently have sold and may no longer be available. Information Deemed Reliable but Not Guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

DIGITAL MILLENNIUM COPYRIGHT ACT (DMCA) NOTICE
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA") provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@theMLSGRID.co

The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/15/2024, 10:15:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Feb 25, 2016Home Sold
$1,490,000

History based on county public records data.

Payment Calculator

$7,884

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,349

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-428145
9
/10

  • Skinner Elementary School

  • 111 S Throop St

  • 1.38 miles

  • Public District Grades PK-5

school-card-donut-428146
3
/10

  • Hope Learning Academy

  • 1628 W Washington Blvd

  • 2.35 miles

  • Public District Grades KG-5

school-card-donut-428147
4
/10

  • Cooper Elementary Academy

  • 1624 W 19th St

  • 3.44 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $81,140. Most Chicago, IL residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 118 E Erie St Unit 25B

What is the listing price of this property?

The listing price of 118 E Erie St Unit 25B property is $1,095,000.

What type of property is this?

The property 118 E Erie St Unit 25B is a condo located in Chicago, Illinois, 60611.

Is this property for sale now?

Active Listing: 118 E Erie St Unit 25B is For Sale (Active/New) which means the seller is accepting offers.

When was this property sold last time and for how much?

The last sale was on February 25, 2016 for $1,490,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 118 E Erie St Unit 25B has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 118 E Erie St Unit 25B is 1,505 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 118 E Erie St Unit 25B is 2012.

Rocket Homes›Illinois›Cook County›Chicago›60611›118 E Erie St Unit 25B

This home is located at 118 E Erie St Unit 25B in Chicago, IL and zip code 60611 in the Near North Side neighborhood. This 1,505 square foot home was built in 2012. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 28, 2024 and is currently priced at $1,095,000.

Chicago, IL housing market in October 2024 saw over 539 listings sold above listed price, more than 337 sold at listed price and over 919 sold below. Between September 2024 and October 2024, Chicago, IL real estate market has seen increase in the number of listings by 14.5%. In October 2024 median list price was $360,336 and the average listing age was 32 days.

From Rocket Homes Real Estate and based on county public records data.

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