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$2,700,000
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Property Description
Exquisitely modern with unparalleled panoramic views of the Chicago skyline and Lake Michigan, Residence 60M1 at 161 E. Chicago Avenue is a masterfully reimagined 3-bedroom, 3.5-bath duplex penthouse within the exclusive Olympia Centre. A 2023 full-scale renovation, this 5,400-square-foot corner home represents the pinnacle of luxury design, craftsmanship, and technology. The main level unfolds into a dramatic two-story great room showcasing 85 feet of contiguous north-facing windows and 45 feet of east-facing windows, bathing the interiors in natural light and framing mesmerizing city and lake vistas. Perfectly tailored for grand entertaining and refined daily living, this open-concept space encompasses a formal living area, a lounge/den with a custom wet bar and full-height Gaggenau wine refrigeration, a chef-inspired kitchen, and an elegant family room-all unified by seven-inch-wide white oak flooring. At the heart of the home, the Arclinea-designed kitchen impresses with fume oak cabinetry, a leathered quartzite island, Sub-Zero and Wolf appliances, and an integrated eight-foot dining table for effortless gathering. The primary suite on the main level is a true retreat, featuring a 15' x 14' custom B&B Italia dressing room with a leather-wrapped island and an ensuite spa bath clad in Breccia Capraia marble, complete with a Roman shower, Artelinea glass-top vanity, and a bubble jet soaking tub. Upstairs, two additional bedrooms each offer walk-in closets, designer ensuite baths, and captivating skyline views. Every detail throughout the residence has been thoughtfully curated-marble powder room, dual laundry rooms, motorized shades, Waterworks fixtures, Toto intelligent toilets, custom millwork for storage, integrated surround sound, Savant smart home automation, and Araknis wireless networking. A second-floor entrance adds convenience and privacy. Residents of Olympia Centre enjoy five-star amenities, including 24-hour door staff and concierge, a fitness center, indoor pool and spa, entertainment suite, sun deck, and onsite parking. Perfectly positioned amid Chicago's most celebrated destinations-Michigan Avenue, the historic Water Tower, the John Hancock Building, the Museum of Contemporary Art, and the lakefront-and directly adjacent to Neiman Marcus, Residence 60M1 delivers uncompromising luxury and sophistication in the heart of it all.
Full Property Details
Full Property Details for MLS# 12505097
General
- Sold For: $2,700,000
- HOA FEE: $8,531/month
- Taxes: $54,267 (2024)
- Status: Closed
- Type: Condo
- Source: MRED
- MLS ID: 12505097
- Added to Site: 111 day(s) ago
Interior
- Interior Features: Wet Bar, Theatre Room
- Appliances: Double Oven, Microwave, Dishwasher, Refrigerator, High-End Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Humidifier
- Flooring: Hardwood
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 3
- Half Bathrooms: 1
- Bathroom Features: Whirlpool, Separate Shower, Double Sink
Bedrooms
- Total Bedrooms: 3
Additional Information
- Shared Amenities: Bike Room/Bike Trails, Door Person, Coin Laundry, Elevator(s), Exercise Room, Storage, Health Club, On-Site Manager/Engineer, Party Room, Sundeck, Indoor Pool, Receiving Room, Service Elevator(s), Valet/Cleaner, Spa/Hot Tub
- Equipment: Cable TV, Security System, Intercom, Fire Sprinklers
- Other Features: School Bus Service, Commuter Bus, Commuter Train, Interstate Access
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 3
- Total Spaces: 3
- Parking Features: Yes, Leased, Attached, Garage
Location
- Area: CHI - Near North Side
- County: Cook
- Subdivision: Olympia Centre
- Driving Directions: EAST OF MICHIGAN AVENUE. LOOK FOR CANOPY "161"
School Information
- School District: 299
- Midd School District: 299
Community
- Assoc. Fees Include: Air Conditioning, Water, Insurance, Security, Doorman, TV/Cable, Exercise Facilities, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
- Pets Allowed: Yes
- Pet Restrictions: Cats OK, Dogs OK
- Mgmt. Company: Draper & Kramer
Heating & Cooling
- Cooling Type: Central Air Conditioning, Zoned
- Heating Type: Electric, Baseboard, Zoned
Utilities
- Water: Lake Michigan
Structural Information
- Structure Type: Condo, High-Rise (7 or More Stories)
- Construction: Marble/Granite
- Exterior Const.: Marble/Granite
- Basement Desc.: None
- Sub-Flooring: Hardwood
- Entry Floor Number: 60
- Stories/Levels: 63
- Square Feet: 5,382
- Sq. Ft. Source: Builder
- Year Built: 1985
Unit Information
- Units in Building: 292
Lot Features
- Lot Dimensions: COMMON
Financial Considerations
- Lease Price: $355
- Association Fee: $8,531
- Assoc Fee Freq.: Monthly
- Assessment Year: 1985
- Tax Amount: $54,267.28
- Tax Year: 2024
Disclosures and Reports
- Ownership: Condo
- Special Conditions: List Broker Must Accompany
- Property ID: 17102000681279
Listed by Jameson Sotheby's Intl Realty
Sold by Jameson Sotheby's Intl Realty
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Schools
Schools serving MLS# 12505097
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 MLS# 12505097
Date
Details
Price
Change
Source
2/09/2026
Sold
$2,700,000
-6.25%
MLS
11/12/2025
Listed
$2,880,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
MLS# 12505097, Chicago, IL 60611 (MLS# 12505097) is a Condo property that was sold at $2,700,000 on February 09, 2026. Want to learn more about MLS# 12505097? 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.

