161 E Chicago Avenue #31B, Chicago, IL 60611 - Photo 1

1/1

$765,000

Sold
Closed
Condo
2 Beds
2 Full Baths
1 Partial Bath
2 Car Garage

1/1

Property Description

Set high above the Magnificent Mile in the esteemed Olympia Centre, this beautifully appointed corner residence offers generous proportions, thoughtful design, and sweeping southeastern views of the lake and skyline. A gracious entry with marble flooring opens to a large-scale living and dining space filled with natural light from wraparound windows, creating an ideal setting for everyday living and entertaining. The kitchen is bright and elegant with marble floors, a custom bar, and a breakfast area overlooking the city. The intelligently designed split floorplan offers exceptional privacy, with an expansive primary suite featuring space for a sitting area or home office, two large walk-in closets, and a marble bath with soaking tub and separate shower. The secondary bedroom is equally spacious with its own recently renovated en-suite bath. A powder room, full laundry and storage room, and custom details throughout complete the interior. Residents enjoy the full-service lifestyle that makes the Olympia Centre so desirable, with 24-hour door staff, concierge, an indoor pool, shared roof deck and fitness center, all in a prime location just moments from the lakefront, renowned museums, and Chicago's most iconic restaurants and shopping. On-site garage parking available.

Full Property Details

Full Property Details for 161 E Chicago Ave #31B

General

Sold For: $765,000
HOA FEE: $1,904/month
Taxes: $16,671 (2023)
Status: Closed
Type: Condo
Source: MRED
MLS ID: 12504533
Added to Site: 80 day(s) ago

Interior

Interior Features: Dry Bar, Storage
Appliances: Double Oven, Microwave, Dishwasher, Refrigerator, High-End Refrigerator, Washer, Dryer, Disposal, Wine Refrigerator, Cooktop, Oven, Range Hood

Rooms

Bathrooms

Total Bathrooms: 3
Full Bathrooms: 2
Half Bathrooms: 1
Bathroom Features: Whirlpool, Separate Shower, Double Sink

Bedrooms

Total Bedrooms: 2

Additional Information

Shared Amenities: Bike Room/Bike Trails, Door Person, Elevator(s), Exercise Room, Storage, Health Club, On-Site Manager/Engineer, Party Room, Sundeck, Indoor Pool, Receiving Room, Security Door Lock(s), Service Elevator(s), Valet/Cleaner, Spa/Hot Tub

Parking

Garage: Yes
Attached garage: Yes
Garage Spaces: 2
Total Spaces: 2
Parking Features: Garage Door Opener, Heated Garage, Yes, Leased, Attached, Garage

Location

Area: CHI - Near North Side
County: Cook
Driving Directions: East of Michigan Ave. Look for canopy "161"

School Information

School District: 299
Midd School District: 299

Community

Assoc. Fees Include: Water, Insurance, Security, Doorman, TV/Cable, Exercise Facilities, Pool, Exterior Maintenance, Scavenger, Snow Removal
Pets Allowed: Yes
Pet Restrictions: Cats OK, Dogs OK, Number Limit, / 999lbs.
Mgmt. Company: First Residential

Heating & Cooling

Cooling Type: Central Air Conditioning
Heating Type: Electric, Baseboard, Zoned

Utilities

Water: Lake Michigan, Public

Structural Information

Structure Type: Condo, High-Rise (7 or More Stories)
Construction: Stone, Marble/Granite
Exterior Const.: Stone, Marble/Granite
Basement Desc.: None
Entry Floor Number: 31
Stories/Levels: 63
Sq. Ft. Source: Not Reported
Year Built: 1985
Remodeled/Updated: 2020

Unit Information

Units in Building: 292

Lot Features

Lot Dimensions: COMMON

Financial Considerations

Lease Price: $405
Association Fee: $1,904
Assoc Fee Freq.: Monthly
Assessment Year: 1985
Tax Amount: $16,671.39
Tax Year: 2023

Disclosures and Reports

Ownership: Condo
Property ID: 17102000681052

Listed by Compass
Sold by Corcoran Urban Real Estate

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Schools

Schools serving 161 E Chicago Ave #31B

School District:Chicago Public School District 299

Name	Grades	Distance
Ogden Elementary School 24 West Walton Street, Chicago, IL 60610	K-8	0.4 mi
Wells Community Academy High School 936 North Ashland Avenue, Chicago, IL 60622	9-11	2.3 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 161 E Chicago Ave #31B

Date

Details

Price

Change

Source

12/08/2025

Sold

$765,000

-1.92%

MLS

10/27/2025

Listed

$780,000

—

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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