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.
Active
$2,880,000
Chicago, IL 60611
3beds
5,382sqft
Est.:
Condominium, Single Family Residence
Built in 1985
-- sqft lot
$2,705,300 Zestimate®
$535/sqft
$7,502/mo HOA
What's special
Primary suiteNorth-facing windowsEast-facing windowsLeathered quartzite islandFamily roomSavant smart home automationCity and lake vistas
- 28 days |
- 994 |
- 74 |
Zillow last checked: 8 hours ago
Listing updated: 16 hours ago
Listing courtesy of:
Timothy Salm (312)929-1562,
Jameson Sotheby's Intl Realty,
R. Matt Leutheuser,
Jameson Sotheby's Intl Realty
Source: MRED as distributed by MLS GRID,MLS#: 12505097
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 5
- Full bathrooms: 3
- 1/2 bathrooms: 2
Rooms
- Room types: Great Room, Foyer
Primary bedroom
- Features: Bathroom (Full)
- Level: Main
- Area: 418 Square Feet
- Dimensions: 22X19
Bedroom 2
- Level: Second
- Area: 280 Square Feet
- Dimensions: 20X14
Bedroom 3
- Level: Second
- Area: 228 Square Feet
- Dimensions: 19X12
Dining room
- Level: Main
- Area: 224 Square Feet
- Dimensions: 16X14
Family room
- Level: Main
- Area: 252 Square Feet
- Dimensions: 14X18
Foyer
- Level: Main
- Area: 154 Square Feet
- Dimensions: 14X11
Great room
- Level: Main
- Area: 624 Square Feet
- Dimensions: 24X26
Kitchen
- Features: Kitchen (Eating Area-Table Space, Island, Pantry-Walk-in)
- Level: Main
- Area: 360 Square Feet
- Dimensions: 20X18
Laundry
- Level: Main
- Area: 48 Square Feet
- Dimensions: 8X6
Living room
- Level: Main
- Area: 342 Square Feet
- Dimensions: 19X18
Heating
- Electric, Baseboard, Zoned
Cooling
- Central Air, Zoned
Appliances
- Included: Double Oven, Microwave, Dishwasher, Refrigerator, High End Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Humidifier
- Laundry: Main Level, Upper Level, Washer Hookup
Features
- Wet Bar, Theatre Room
- Flooring: Hardwood
- Basement: None
Interior area
- Total structure area: 0
- Total interior livable area: 5,382 sqft
Video & virtual tour
Property
Parking
- Total spaces: 3
- Parking features: Leased, Attached, Garage
- Attached garage spaces: 3
Accessibility
- Accessibility features: No Disability Access
Details
- Additional parcels included: 17102000681284
- Parcel number: 17102000681279
- Special conditions: List Broker Must Accompany
- Other equipment: TV-Cable, Intercom
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium, Single Family Residence
Materials
- Marble/Granite
Condition
- New construction: No
- Year built: 1985
Utilities & green energy
- Electric: Circuit Breakers, 200+ Amp Service
- Sewer: Public Sewer
- Water: Lake Michigan
Community & HOA
Community
- Security: Security System, Fire Sprinkler System
- Subdivision: Olympia Centre
HOA
- Has HOA: Yes
- Amenities included: 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
- Services included: Air Conditioning, Water, Insurance, Security, Doorman, Cable TV, Exercise Facilities, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
- HOA fee: $7,502 monthly
Location
- Region: Chicago
Financial & listing details
- Price per square foot: $535/sqft
- Annual tax amount: $54,267
- Date on market: 11/12/2025
- Ownership: Condo
Estimated market value
$2,705,300
$2.57M - $2.84M
$2,798/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/12/2025 | Listed for sale | $2,880,000$535/sqft |
Source:  MRED as distributed by MLS GRID #12505097 Report a problem | ||
| 2/28/2024 | Listing removed | -- |
Source: MRED as distributed by MLS GRID #11817926 Report a problem | ||
| 9/14/2023 | Price change | $2,880,000-3.8%$535/sqft |
Source: MRED as distributed by MLS GRID #11817926 Report a problem | ||
| 6/27/2023 | Price change | $2,995,000-4.9%$556/sqft |
Source: MRED as distributed by MLS GRID #11817926 Report a problem | ||
| 4/20/2023 | Price change | $3,149,000-4.4%$585/sqft |
Source: MRED as distributed by MLS GRID #11714010 Report a problem | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Est. payment
$27,232/mo
Principal & interest
$14210
HOA Fees
$7502
Other costs
$5520
Climate risks
Neighborhood: Streeterville
Nearby schools
GreatSchools rating
- 3/10Ogden Elementary SchoolGrades: PK-8Distance: 0.4 mi
- 1/10Wells Community Academy High SchoolGrades: 9-12Distance: 2.3 mi
Schools provided by the listing agent
- District: 299
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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