Backup offers
#12391414, Lauren Hundman, Listing office: Westward360 RM
$850,000 List price
161 E Chicago Ave Unit 31F Chicago, IL 60611
2 beds
2 full
1,904 sqft
$446 / sqft
Condo
Property details
About 161 E Chicago Ave Unit 31F
Experience elevated city living in one of Chicago's most iconic residential towers. Whether as a full-time home or a refined pied-a-terre, Unit 31F at the prestigious Olympia Centre offers unmatched luxury, convenience, and style in the heart of the Magnificent Mile. Perched on the 31st floor, this expansive 2-bedroom, 2-bathroom corner residence spans 1,904 square feet and showcases sweeping panoramic views of the city skyline and Lake Michigan. The home combines sophisticated design, impeccable finishes, and access to world-class amenities-all within one of Chicago's most architecturally significant buildings, designed by the renowned firm Skidmore, Owings & Merrill. Clad in elegant Swedish granite and seamlessly integrated into the vibrancy of Michigan Avenue, Olympia Centre is a landmark address. Residents enjoy direct access to Neiman Marcus and are mere steps from the lakefront, Water Tower Place, the John Hancock Center, premier shopping, world-class dining, parks, museums, and convenient transportation. Unit 31F features a coveted corner position with dramatic 180-degree views framed by oversized picture windows. Wide-plank oak hardwood floors flow throughout the open-concept living and dining areas, where custom marble-topped window seating invites moments of relaxation or admiration of the ever-changing skyline. The sleek, modern kitchen is a showpiece in both form and function, boasting high-gloss white cabinetry, natural stone countertops, and premium stainless steel appliances-including a Thermador refrigerator and oven, Dacor cooktop, and Bosch dishwasher. A large, custom millwork peninsula with dine-up seating anchors the space and opens to a generous dining area that comfortably accommodates eight or more for seated dinner parties. The spacious primary suite offers a tranquil retreat with custom wall-to-wall built-ins and commanding views. Its spa-like en-suite bathroom features a floating dual vanity, designer lighting, and a glass-enclosed oversized shower with bench seating. The second bedroom, currently configured as a lake-facing office or den, is perfect for guests or remote work. A second full bath features a contemporary tub/shower combo and refined finishes. Additional highlights include an in-unit laundry room with stacked washer/dryer, curated lighting throughout, special 3M film on the windows (in lieu of shades) to block out the UV rays and protect furniture/art, motorized blackout shades in the primary, and high-end fixtures that underscore the home's thoughtful attention to detail. Better still, residents of Olympia Centre enjoy access to white-glove services and amenities, including 24-hour door staff and concierge, an indoor pool and spa, a sun deck, and a state-of-the-art fitness center. Parking is available with 24/7 access to the Olympia Centre Self Park Garage and optional valet service for added convenience.
Highlights
Home typeCondominium
HeatingElectric, Baseboard
StatusActive
(New)
(New)
CoolingCentral Air
Size1,904 sqft
Year built1985
ParkingOn Site, Leased, Attached, Garage
MLS #12412228
Garage1 space
Summary
- Full Bathrooms: 2
- Appliances: Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Cooktop, Oven
- Basement: No
- Interior: Storage, Walk-In Closet(s)
- Total Bedroom Count: 2
- Garage Space: 1 space
- Parking: On Site, Leased, Attached, Garage
- Heating: Electric, Baseboard
- Cooling: Central Air
- List Price: $850,000
- Price/SqFt: $446
- HOA Amount: $1536 Monthly
- Annual Tax Amount: $12,407
- Tax Year: 2022
- Directions: EAST OF MICHIGAN AVENUE. LOOK FOR CANOPY.
- Year Built: 1985
- Stories: 64
- Living Area: 1,904 SqFt
- MLS Number: 12412228
- MLS Name: MRED
- Office Name: Jameson Sotheby's Intl Realty
- Office Phone: (312) 751-0300
- Listing Agent: Timothy Salm
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Aug 28, 2014 | Home Sold | $775,000 |
| Jul 27, 2001 | Home Sold | $730,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2022 | $63,743 | $12,407 |
| 2021 | $63,743 | $12,148 |
| 2020 | $65,691 | $13,942 |
| 2019 | $71,318 | $13,639 |
| 2018 | $71,318 | $13,409 |
| 2017 | $68,729 | $14,068 |
History based on county public records data.
Nearby schools
9
Skinner Elementary School
Public District PK-5
1.4 mi
•111 S Throop St
3
Hope Learning Academy
Public District KG-5
2.5 mi
•1628 W Washington Blvd
4
Cooper Elementary Academy
Public District PK-5
3.6 mi
•1624 W 19th St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $95,000. The most common annual income of people living in Chicago, IL is between $35k-100k. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
13%
<35k
40%
35k-100k
17%
100k-200k
30%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
76%
Single, No Kids
1%
Single, with Kids
21%
Married, No Kids
2%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
3%
<11 yrs old
1%
12-17 yrs old
30%
18-34 yrs old
37%
35-64 yrs old
29%
65+ yrs old
What do the neighbors do for fun?
Live Theatre
Tennis
Hiking/backpacking
Where do the neighbors shop?
Bloomingdales
Crate & Barrel
Nordstrom Rack
Where do the neighbors go to eat?
Boston Market
Starbucks
The Cheesecake Factory
What do the neighbors drive?
Mercedes
BMW
Audi
What do the neighbors listen to?
News
Alternative- Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 161 E Chicago Ave Unit 31F
The listing price of 161 E Chicago Ave Unit 31F property is $850,000.
The property 161 E Chicago Ave Unit 31F is a condo located in Chicago, Illinois, 60611.
Active Listing: 161 E Chicago Ave Unit 31F is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 161 E Chicago Ave Unit 31F are: Skinner Elementary School (GreatSchools Rating 9/10), Hope Learning Academy (GreatSchools Rating 3/10), Cooper Elementary Academy (GreatSchools Rating 4/10), Ogden Elementary School (GreatSchools Rating 5/10), Salazar Elementary Bilingual Center (GreatSchools Rating 5/10), Franklin Elementary Fine Arts Center (GreatSchools Rating 8/10), Payton College Preparatory High School (GreatSchools Rating 10/10), Yccs-Innovations of Arts Integr High School (GreatSchools Rating 1/10), Noble St Charter-Muchin College Preparatory (GreatSchools Rating 6/10).
According to the records, the last property tax for 2022 is $12,407 (source: MLS/based on county public records data).
The last sale was on August 28, 2014 for $775,000 (source: MLS/tax record).
The property at 161 E Chicago Ave Unit 31F has 2 bedrooms and 2 bathrooms.
The property 161 E Chicago Ave Unit 31F is 1,904 SqFt (source: MLS/tax record).
The year of construction for 161 E Chicago Ave Unit 31F is 1985.
This home is located at 161 E Chicago Ave Unit 31F in Chicago, IL and zip code 60611 in the Near North Side neighborhood. This 1,904 square foot home was built in 1985. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 8, 2025 and is currently priced at $850,000.
Chicago, IL housing market in June 2025 saw over 1044 listings sold above listed price, more than 385 sold at listed price and over 952 sold below. In June 2025 in Chicago, IL there were 7.6% more homes for sale than in May. The median list price of listings available in June 2025 was $379,143, while the average time on the real estate market was 25 days.
From Rocket Homes Real Estate and based on county public records data.