161 E Chicago Ave # 56FG, Chicago, IL 60611

2 beds2 baths2,550 sqft Edit

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Sold: $1,175,000
Sold on 10/03/13
Zestimate®: $941,420
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My Notes

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With its unique curved design and granite-clad faade, this distinctive high-rise is an eye-catching addition to the Chicago skyline. The tower rises 64 stories over the city, offering stunning lake and city views from its floor-to-ceiling windows.This service-oriented condominium offers door staff, a concierge, an onsite manager and engineer, a receiving room, and dry cleaners. Its many amenities include an indoor pool, whirlpool, sauna, exercise rooms, sundeck, party room, and bike and private storage. Leased and guest parking is available in the buildings heated onsite self-park garage.161 E. Chicago is located steps from the Magnificent Mile with its luxury boutiques, fine dining, upscale cafes, lively nightlife, and celebrated cultural institutions.Enjoy bright, contemporary living space with outstanding lake and city views from this high-floor corner condo. Two units were combined to create approximately 2,550 square feet of living space with 2 bedrooms, a den/office, and 2 full baths. The current owners performed a total rehab of the home in 2001. The work was overseen by architect Greg Maher and conducted by contractor Neil Peck. The result is a top-quality modern interior that includes maple floors, art lighting, built-in speakers, marble windowsills, Italian walnut sliding doors, and an upgraded kitchen and baths.A dedicated entry foyer leads into a central gallery and the homes open living area. The spacious living and dining rooms offer dramatic north and west views that include the lake, the city, and evening sunsets. The updated kitchen features marble floors, thick granite countertops, and top-quality stainless steel appliances. There is an adjacent breakfast area. Sliding doors from the dining room lead into an office/den.The large master suite features Mecho shades and a huge walk-in closet with custom organizers. The marble spa master bath includes dual vanities, a whirlpool tub, a separate shower, and a private commode. The second bedroom has the use of a hall bath that includes travertine finishes, dual vanities, and a large shower. There is also a full-sized laundry room.If you think this home might be right for you, please call or email us. We are standing by to answer your questions or schedule a time for you to walk through with a member of our team.  More Less 

Facts

  • Condo
  • Built in 1985
  • Views: 1,044 all time views
  • Cooling: Central
  • Parking: Garage - Attached
  • Last sold: Oct 2013 for $1,175,000
  • Last sale price/sqft: $461

Features

  • Flooring: Carpet, Hardwood, Other

      Construction

      • Exterior material: Other, Stone
      • Stories: 63
      • Unit count: 1

      Other

      • Floor size: 2,550 sqft
      • Parcel #: 17102000681302
      • Zillow Home ID: 3866076

      Zestimate Details

      Zestimate
      A Zestimate home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

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      $941,420
      +$14,307 Last 30 days
      $857K
      $1.03M
      Zestimate range
      Rent Zestimate A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

      The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
      $3,638/mo
      -$26 Last 30 days
      $2.5K
      $5.2K
      Zestimate range
      Zestimate forecast
      $XXX,XXX
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      Improve This Home's Value

      The right home project can make a significant impact to your home value! Compare average project costs in your area with estimated increases to your home value.

      The return values below are estimates based on the region, home facts, and past sales data. Your situation may vary based on current finish level of the room, changing style trends, depreciation, and how much of the project budget is invested in structural changes vs. functional/cosmetic improvements.

      Mid-Range Minor Kitchen Remodel

      • Mid-Range Minor Kitchen Remodel

      • + 27.7K VALUE
      • Project cost: $23,029
      • See kitchen ideas

      Mid-Range Bathroom Remodel

      Mid-Range Major Kitchen Remodel

      • Mid-Range Major Kitchen Remodel

      • + 22.5K VALUE
      • Project cost: $65,770
      • See kitchen ideas

      Popularity on Zillow

      If this home is listed on Zillow, it will reach the largest real estate network on the web.*
      1,044 all-time views
      of this home (chart)
      129 forecasted views of this home
      in the first 7 days after listing for sale
      (15 views if listed for rent)

      Comparable Homes

      Homes like this sold for $865-975K.

      $760K
      $1.08M

      Mortgages

      Neighborhood: Streeterville

      Median Zestimate

      $333,700

      1.8%

      1-yr forecast

      The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more

      Market temp 

      Based on three metrics—sale-to-list price ratio, the prevalence of price cuts on home listings, and time-on-market—the market temperature provides information on the current balance of bargaining power between buyers and sellers in this neighborhood relative to other neighborhoods in the same metropolitan area. A particular neighborhood may be identified as a good market for buyers in a metro market favorable to sellers overall. Learn more

      Cold
      Buyers' Market
      Sellers' Market

      Foreclosures (per 10K)

      0.5 Streeterville
      3.6 United States
      Zillow predicts Streeterville home values will rise 2.8% next year, compared to a 0.3% fall for Chicago as a whole. Among Streeterville homes, this home is valued 164.1% more than the midpoint (median) home, and is valued 23% more per square foot.

      Foreclosures will be a factor impacting home values in the next several years. In Streeterville, the number of foreclosures waiting to be sold is 14.3% higher than in Chicago, and 606.7% higher than the national average. This higher local number may prevent Streeterville home values from rising as quickly as other regions in Chicago.
        read more Less 

      Nearby

        For Sale

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        Rentals

        See all nearby rentals
        Other Units in this Building (276)ZestimateBedsBathsSqft
        Apt 41G$377K11873
        Apt 44d$337K----132,600
        Apt 33DE$534K22.52,850
        Apt 2401$1.17M22.51,966
        Apt 2402$1.17M22.52,000
        Apt 25A$1.22M33.52,688
        Apt 25B$1.02M----132,600
        Apt 25D$818K----132,600
        Apt 25E$905K----132,600
        Apt 25F$787K----132,600
        Apt 25G$344K11974
        Apt 25H$719K11.5132,600
        Apt 26A$1.16M----132,600
        Apt 26B$1M----132,600
        Apt 26C$903K----132,600
        Apt 26H$737K----132,600
        Apt 27A$1.21M33.52,624
        Apt 43H$737K11.51,490
        Apt 27D$266K--1650
        Apt 27E$899K2--132,600

        Nearby Schools in Chicago

        GreatSchools ratings give an overview of a school's test results. The ratings are based on a comparison of test results for all schools in the state.

        Disclaimer: School attendance zone boundaries are supplied by Maponics and are subject to change. Check with the applicable school district prior to making a decision based on these boundaries.

        Data by GreatSchools.org