2 months on rocket

161 E Chicago Ave Unit 49A, Chicago, IL, 60611

$1,650,000

Home List Price

$10,000*

Closing Credit

2 Bedrooms
2 Full Baths, 1 Partial
2,510 SqFt
$657/SqFt
Condo

Location

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161 E Chicago Ave Unit 49A, Chicago$1,650,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Attached Garage999 spaces
Year Built1985
HeatingElectric, Baseboard, Other, Zoned
CoolingCentral Air, Zoned
WaterfrontWaterfront
FireplaceDouble Sided
MLS #12156669
StatusActive

About 161 E Chicago Ave Unit 49A

This exceptional home exudes elegance and refined style featuring renovations completed with premium materials. Its unique design stands apart, offering an unparalleled living experience.This unit boast spectacular views of the city's skyline and Lake Michigan The kitchen dazzles with Brazilian granite, while acid etched glass adds a modern touch. A stunning 2500+ sq. ft. three- bedroom now masterfully transformed into a two-bedroom with den offering breathtaking East/North/West views. Once home of the respected Designer and Architect, Michael Richman. Upon entry you are greeted by an elegant foyer setting the tone for the rest of the condo's serene and sophisticated atmosphere. Luxurious bathrooms boast custom vanities and the home is completed with a stunning one-of a kind fireplace. Olympia Center, a luxury high-rise in Chicago's Streeterville neighborhood situated just off the Magnificent Mile close to world class shopping, dining and cultural attractions such as The Museum of Contemporary Art, Water Tower Place, and 900 N. Michigan Ave, all within walking distance. The building offers a range of amenities including a fitness center, indoor pool/spa, party room, 24 hour door person. Welcome Home!

Property Details

Property Features

Property Information:

  • Year Built: 1985
  • Stories: 63
  • Living Area: 2,510 SqFt

Listing Office:

  • Office Name: Compass
  • Office Phone: (312) 319-1168
  • Listing Agent: Melinda Jakovich

Interior Features

Interior Information:

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Wine Cooler
  • Basement: No
  • Interior: Hardwood Floors, Heated Floors, Laundry Hook-Up in Unit, Walk-In Closet(s)
  • Fireplace: Double Sided

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Waterfront: Waterfront
  • Exterior: Hot Tub, In Ground Pool, Storms/Screens

Parking Information:

  • Garage Space: 999 spaces
  • Attached Garage: Yes

Lot Features

Lot Information:

  • Lot: Corner Lot, Views

Utilities

Utilities Information:

  • Heating: Electric, Baseboard, Other, Zoned
  • Cooling: Central Air, Zoned

Other

Directions Information:

  • Directions: EAST OF MICHIGAN AVENUE. ENTER AT 161 CANOPY

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,650,000
  • Price Per SqFt: $657/SqFt

HOA Fees:

  • Amount: $2231
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $21,605
  • Tax Year: 2019
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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

161 E Chicago Ave Unit 49A vs Chicago

73 DAYS ON ROCKET

+41 Days

$1,650,000

+$1.2M More

$657/SqFt

+$397 More

KEY TAKEAWAY

This property is $1.2M more than the Median Sold Price and $397/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: #12156669

Listing Office:

  • Office Name: Compass
  • Office Phone: (312) 319-1168
  • Listing Agent: Melinda Jakovich

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.

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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

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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: 11/21/2024, 11:45:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 06, 2014Home Sold
$1,950,000
Jul 13, 2009Home Sold
$850,000

Tax History

YEARPROP. TAXASSESSMENT
2019$21,605$113,705
2018$22,460$113,705
2017$22,281$109,579

History based on county public records data.

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$10.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,013

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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-487296
9
/10

  • Skinner Elementary School

  • 111 S Throop St

  • 1.36 miles

  • Public District Grades PK-5

school-card-donut-487297
3
/10

  • Hope Learning Academy

  • 1628 W Washington Blvd

  • 2.47 miles

  • Public District Grades KG-5

school-card-donut-487298
4
/10

  • Cooper Elementary Academy

  • 1624 W 19th St

  • 3.60 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 $95,000. Typical income of Chicago, IL residents is between $35k-100k annually. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 161 E Chicago Ave Unit 49A

What is the listing price of this property?

The listing price of 161 E Chicago Ave Unit 49A property is $1,650,000.

What type of property is this?

The property 161 E Chicago Ave Unit 49A is a condo located in Chicago, Illinois, 60611.

Is this property for sale now?

Active Listing: 161 E Chicago Ave Unit 49A is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2019 is $21,605 (source: MLS/based on county public records data).

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

The last sale was on October 6, 2014 for $1,950,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 161 E Chicago Ave Unit 49A has 2 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 161 E Chicago Ave Unit 49A is 2,510 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 161 E Chicago Ave Unit 49A is 1985.

Rocket Homes›Illinois›Cook County›Chicago›60611›161 E Chicago Ave Unit 49A

This home is located at 161 E Chicago Ave Unit 49A in Chicago, IL and zip code 60611 in the Near North Side neighborhood. This 2,510 square foot home was built in 1985. Features: 2 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since September 09, 2024 and is currently priced at $1,650,000.

Over 539 listings were sold over their listed price in October 2024 in Chicago, IL. In the same period over 919 listings were sold below the listed price and 337 listings were sold for the listed price. In October 2024 in Chicago, IL there were 14.5% more homes for sale than in September 2024. 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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