Date
Details
Price
Change
Source
8/11/2026
Listed
$1,050,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$1,050,000
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Property Description
Wake up above Michigan Avenue, where the energy of Chicago's iconic Magnificent Mile unfolds outside your windows and every detail of home has been thoughtfully considered within. This exceptional 2 bedroom, 2 bath residence at The Ritz-Carlton Residences is a sophisticated retreat for those who appreciate quality, impeccable service, and a life that feels effortlessly elevated. Equally suited as a full time residence or elegant in town property, this home has been professionally designed with an exceptional eye for detail. Loads of after market upgrades include rich wall coverings, custom built-ins, draperies and shades, and pristine hardwood floors, creating a sense of understated luxury throughout. The primary suite is a private sanctuary, complete with a lovely appointed bath featuring a custom built in vanity. The generous king sized guest suite is a comfortable and private space for overnight guests. Breathtaking views with morning sunrises overlooking Michigan Avenue and the city offering an ever changing backdrop that is quintessentially Chicago. Beyond the residence, The Ritz-Carlton experience is defined by service that anticipates your needs. The concierge is at your disposal to arrange restaurant reservations, travel, transportation, dry cleaning and the countless details that make daily life easier. Need groceries put away? Consider it handled. Want a cocktail delivered to your door? Your butler is ready. The goal is simple: to make life feel effortless. The private amenities are equally exceptional and are included in the monthly assessment. Enjoy a made to order bowl of popcorn in the building's private theater, maintain your routine in a fitness center designed to accommodate personal training, or retreat to the steam facilities and relaxation room for a private massage. Valet service adds another layer of convenience, from washing your car to putting air in your tires. At The Ritz-Carlton Residences, luxury is not simply about beautiful surroundings. It is about having the freedom to enjoy them. It is knowing that the details are being handled, the service is personal, and your time is your own. You deserve to live beautifully.
Full Property Details
Full Property Details for 118 E Erie St #16B
General
- Price: $1,050,000
- HOA FEE: $2,363/month
- Taxes: $15,669 (2024)
- Status: Active
- Type: Condo
- Source: MRED
- MLS ID: 12729618
- Updated: 9/17/2026
- Added to Site: 52 day(s) ago
Interior
- Basement: None
- Interior Features: Storage, Walk-In Closet(s)
- Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
- Flooring: Hardwood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Bathroom Features: Separate Shower, Soaking Tub
Bedrooms
- Total Bedrooms: 2
Additional Information
- Shared Amenities: Bike Room/Bike Trails, Door Person, Elevator in Residence, Exercise Room, Storage, On-Site Manager/Engineer, Party Room, Receiving Room, Service Elevator(s), Steam Room, Valet/Cleaner
Exterior
- Exterior Features: Balcony
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 1
- Total Spaces: 1
- Parking Features: Heated Garage, Yes, Garage Owned, Attached, Garage
Location
- Area: CHI - Near North Side
- County: Cook
- Township: North Chicago
- Driving Directions: Corner of North Michigan Avenue and Erie
School Information
- School District: 299
- Elem School District: 299
- Midd School District: 299
- High School District: 299
Community
- Assoc. Fees Include: Heat, Air Conditioning, Water, Insurance, Security, Doorman, TV/Cable, Exercise Facilities, Exterior Maintenance, Scavenger, Snow Removal, Other, Internet
- Pets Allowed: Yes
- Pets: Cats OK, Dogs OK
- Pet Restrictions: Cats OK, Dogs OK, / 999lbs.
- Mgmt. Company: The Ritz-Carlton Hotel Company, LLC
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Natural Gas, Forced Air, Steam
Utilities
- Sewer: Public Sewer
- Water: Lake Michigan, Public
Structural Information
- Structure Type: Condo
- Construction: Concrete
- Exterior Const.: Concrete
- Basement Desc.: None
- Foundation: Concrete Perimeter
- Roof: Asphalt
- Windows: Screens
- Sub-Flooring: Hardwood
- Entry Floor Number: 16
- Stories/Levels: 40
- Square Feet: 1,505
- Sq. Ft. Source: Plans
- Year Built: 2014
Unit Information
- Units in Building: 86
Lot Features
- Lot Dimensions: COMMON
- Lot Features: Corner Lot
Animals
- Animals Allowed: Cats OK, Dogs OK
Financial Considerations
- Association Fee: $2,363
- Assoc Fee Freq.: Monthly
- Parking Included: Yes
- Assessment Year: 2014
- Tax Amount: $15,669
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Condo
- Property ID: 17101090241002
Listed by Jameson Sotheby's Intl Realty
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Listing agent
— 118 E Erie St #16B —
Jameson Sotheby's Intl Realty
(214) 549-8601
NMLS#: 1598647
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Schools
Schools serving 118 E Erie St #16B
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Ogden Elementary School 24 West Walton Street, Chicago, IL 60610 | K-8 | 0.5 mi |
Wells Community Academy High School 936 North Ashland Avenue, Chicago, IL 60622 | 9-11 | 2.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 118 E Erie St #16B
Tax History
Tax History for 118 E Erie St #16B
Year
Property Taxes
Change
Tax Assessment
Change
2023
$16,667
—
$77,995
-1%
2023
$16,667
3%
$78,992
—
2022
$16,247
-4%
$78,992
-6%
2021
$16,939
-16%
$84,237
-7%
2020
$20,171
11%
$90,548
—
2019
$18,192
—
$90,548
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 118 E Erie St #16B
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118 E Erie Street #16B, Chicago, IL 60611 (MLS# 12729618) is a Condo property with 2 bedrooms and 2 full bathrooms. 118 E Erie Street #16B is currently listed for $1,050,000 and was received on August 11, 2026. Want to learn more about 118 E Erie Street #16B? Do you have questions about finding other Condo real estate for sale in Near North Side? You can browse all Near North Side real estate or contact a Coldwell Banker agent to request more information.