Address
118 E Erie Street # 38L, Chicago, IL
Price
$ 6,250,000
Property Attributes
  • MLS#11692665
  • TypeCondos
  • CountyCOOK
  • CityChicago
  • AreaCHI - Near North Side
  • NeighborhoodMagnificent Mile
  • Zip60611
  • StyleCondo,High Rise (7+ Stories)
  • Year Built2012
  • Taxes$ 56766
  • Price$ 6,250,000
  • Bedrooms3
  • Full Bathrooms3
  • Half Bathrooms1
Data Source:
Midwest Real Estate Data (MRED)
Property Description

Don't miss this extraordinary custom build-out of a half-floor residence at the Ritz-Carlton Residences. The expansive open living space features a lavish living room, dining room, and den for entertaining while enjoying panoramic views of the city. The adjacent balcony lets you take in the sights and sounds of the city. The den showcases a custom-made bar with a Sub-Zero wine cooler and ice maker. The DeGuilio kitchen features a 6-burner dual oven Wolf Range, Miele Dishwasher, and two Sub-Zero refrigerators. This impressive residence has 3 ensuite bedrooms which showcase custom mirrors with leather-wrapped frames, Toto toilets, and Piana Tile. A Creston In Home Automation system controls the audio, visual, and lighting throughout. Silk carpets, 3" thick doors with leather in-lays, and custom millwork throughout make this home truly unique. 2 valet garage parking spaces included in the price. The home is completely furnished with brand new, top-of-the-line furniture and accessories that have never been used. There is nothing else like it in the building! The Ritz Residences are renowned for their high level of service. Enjoy the fantastic Landmark Club with daily beverage service and espresso bar, 24-hour door staff, full concierge, valet parking, private dining and meeting spaces, fitness room, billards lounge, terrace overlooking Michigan Ave, private screening room, butler services, wine storage, and private spa/salon. This building is incredible!

Price History
12/29/2022 Listed $6,750,000
4/17/2023 8% - $6,250,000

General Features

Additional Parcels Y/N Yes
Appliances Double Oven, Range, Microwave, Dishwasher, High End Refrigerator, Bar Fridge, Washer, Dryer, Disposal, Wine Refrigerator, Range Hood
Assoc Fee Paid Per Monthly
Assoc Fees 6146
Association Amenities Door Person, Elevator(s), Exercise Room, Storage, On Site Manager/Engineer, Party Room, Receiving Room, Service Elevator(s), Steam Room, Valet/Cleaner
Association Fee Includes Heat, Air Conditioning, Water, Gas, Insurance, Doorman, TV/Cable, Exercise Facilities, Exterior Maintenance, Scavenger, Snow Removal, Internet
City Chicago
Cooling Central Air
County Cook
Days on Market 218
Directions Michigan Ave at Erie St
Electric Circuit Breakers, 200+ Amp Service
Elementary School District 299
Exterior Features Balcony
Garage Spaces 2
Heating Forced Air, Steam
High School District 299
Interior Features Bar-Dry, Hardwood Floors, Laundry Hook-Up in Unit
MLS Area CHI - Near North Side
Middle/Junior School District 299
New Construction No
Percent Ownership Condo
Pets Allowed Cats OK, Dogs OK
Possession Closing
Property Type Attached Single
Property Type Residential
Roof Rubber
Sewer Public Sewer
Standard Status Active
Status Active
Street Name Erie
Sub Type Condo, High Rise (7+ Stories)
Tax Annual Amount 56766.34
Tax Year 2021
Total Rooms 6
Township North Chicago
Unit Number 38L
Waterfront Y/N No
Year Built 2012

Interior Features

Basement None
Basement None
Bathrooom Whirlpool, Separate Shower, Steam Shower, Double Sink
Bedrooms Possible 3
Fireplace Features Gas Starter
Full Baths 3
Half Baths 1
Livingareasource Not Reported
Room Type Walk In Closet, Balcony/Porch/Lanai, Foyer
Street Suffix Street
Total Baths 4
Total Bedrooms 3
Total Fireplaces 1
Total Number of Units 89
Total Stories 40

Exterior Features

Exterior Concrete
Foundation Details Concrete Perimeter
Garage Onsite Yes
Garage Ownership Owned
Garage Type Attached
Lot Dimensions COMMON
Lot Features Corner Lot
Water Source Lake Michigan, Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Pets
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Condos Average in 60611

Price
AVG $1.22M
$6.25M
Taxes
AVG $19,480
$56,766
Visits
AVG 227
1288
Data Provided by Inside Real Estate®
Year Built
AVG 1981
2012
Walkscore
AVG 97
99
Data Provided by Walkscore® not using MLS data