6 months on rocket

55 E Erie St Unit 5001, Chicago, IL, 60611

$2,495,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
3 Full Baths
4,200 SqFt
$594/SqFt
Condo

Location

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55 E Erie St Unit 5001, Chicago$2,495,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Attached Garage2 spaces
Year Built2004
HeatingElectric, Forced Air, Baseboard, Zoned
CoolingCentral Air
FireplaceGas Starter
MLS #12056712
StatusActive

About 55 E Erie St Unit 5001

EXPERIENCE ELEVATED PENTHOUSE LIVING WITH CAPTIVATING PANARAMIC CITY AND LAKE VIEWS! This beautifully designed penthouse home epitomizes the height of luxury living. Leave the frenzied world below as you step into your entry foyer and are greeted by the serene, ever-changing lake and iconic Chicago skyline views. Choose which of three balconies and view you wish to enjoy while sipping a refreshing drink as the sunset casts its colorful hues across the city landscape. Gourmet cook? The state-of-the art kitchen, tempered by warm design, exotic wood cabinetry, a pantry (with an additional refrigerator/freezer and dry bar), high-end appliances, a baking center, six burner, gas cooktop, and a comfortable sitting or casual dining area provides a spacious and thoughtfully designed haven to exercise culinary talents. The generously proportioned master suite features its own balcony, two immense closets, a lovely fireplace, spa-like bath with double vanity, all framed by spectacular views. This home speaks to art enthusiasts wishing for endless wall and display spaces to showcase their most prized collections. The 11-foot ceilings further enhance the relaxed and sophisticated art gallery ambiance. Working from home? There is an office with space for two. Two additional, large, en-suite bedrooms are perfect for guests, children, a media room, or studio. This extraordinary space, comprising 4200 square feet, affords flexibility to meet a multitude of lifestyles. Central Vac, Security System. Two prime, third-floor parking spaces are included in the price. 55 East Erie provides privileged living with full-service amenities, 24-hour door staff, high-tech security, hospitality room, fitness center, full-length lap pool, locker rooms, jacuzzi, steam rooms, and more. Located in Chicago's exclusive "Mansion Row," world-class cultural venues, shopping, fine dining, and transportation are outside your door. Schedule your appointment to see this home.

Property Details

Property Features

Property Information:

  • Year Built: 2004
  • Stories: 56
  • Living Area: 4,200 SqFt

Listing Office:

  • Office Name: Baird & Warner
  • Office Phone: (312) 640-7010
  • Listing Agent: Karen Peterson

Interior Features

Interior Information:

  • Appliances: Double Oven, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: No
  • Interior: Hardwood Floors, Heated Floors, Laundry Hook-Up in Unit, Built-in Features, Walk-In Closet(s)
  • Fireplace: Gas Starter

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Balcony, Storms/Screens, End Unit, Cable Access

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes

Lot Features

Lot Information:

  • Lot: Irregular Lot, Landscaped

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: STATE STREET N OR S TO ERIE TURN EAST TO 55 ON SOUTH SIDE OF STREET

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,495,000
  • Price Per SqFt: $594/SqFt

HOA Fees:

  • Amount: $4016
  • 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

55 E Erie St Unit 5001 vs Chicago

185 DAYS ON ROCKET

+153 Days

$2,495,000

+$2.1M More

$594/SqFt

+$334 More

KEY TAKEAWAY

This property is $2.1M more than the Median Sold Price and $334/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: #12056712

Listing Office:

  • Office Name: Baird & Warner
  • Office Phone: (312) 640-7010
  • Listing Agent: Karen Peterson

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

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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, 11:15:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

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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-453722
9
/10

  • Skinner Elementary School

  • 111 S Throop St

  • 1.37 miles

  • Public District Grades PK-5

school-card-donut-453723
3
/10

  • Hope Learning Academy

  • 1628 W Washington Blvd

  • 2.27 miles

  • Public District Grades KG-5

school-card-donut-453724
4
/10

  • Cooper Elementary Academy

  • 1624 W 19th St

  • 3.36 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. The most common annual income of people living in Chicago, IL is between $35k-100k. 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 55 E Erie St Unit 5001

What is the listing price of this property?

The listing price of 55 E Erie St Unit 5001 property is $2,495,000.

What type of property is this?

The property 55 E Erie St Unit 5001 is a condo located in Chicago, Illinois, 60611.

Is this property for sale now?

Active Listing: 55 E Erie St Unit 5001 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 55 E Erie St Unit 5001 has 3 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 55 E Erie St Unit 5001 is 4,200 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 55 E Erie St Unit 5001 is 2004.

Rocket Homes›Illinois›Cook County›Chicago›60611›55 E Erie St Unit 5001

This home is located at 55 E Erie St Unit 5001 in Chicago, IL and zip code 60611 in the Near North Side neighborhood. This 4,200 square foot home was built in 2004. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 20, 2024 and is currently priced at $2,495,000.

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. The inventory of homes for sale in Chicago, IL between September 2024 and October 2024 increased by 14.5%. While the average time on the market in October 2024 was 32 days, the median list price was $360,336.

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

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