Seller's Agent in 2024
Carrie McCormick
@ Properties
(312) 961-4612
7 in this area
706 Total Sales
The Residences at the Ritz-Carlton 118 E Erie St Unit 20A Chicago, IL 60611
Magnificent Mile NeighborhoodEstimated Value: $1,164,000 - $1,454,000
3
Beds
2.5
Baths
2,440
Sq Ft
$4,105/mo
HOA Fee
Highlights
- Balcony
- Walk-In Closet
- Forced Air Heating and Cooling System
- 2 Car Attached Garage
- Entrance Foyer
- Heating System Uses Steam
About This Home
As of May 2024The RITZ-CARLTON Residences is like no other place to live in Chicago! Thoughtfully designed and upgraded, this spacious 2,440 square foot corner 3 bedroom / 2.1 bath home offers three exposures with sweeping views of the skyline and Michigan Avenue. You are greeted with classic archways, tall ceilings, and abundant natural light. A chic powder room with custom wall coverings and a spacious coat closet complete the entry. The living room and dining room are bathed in sunlight during the day and iconic city views at night, offering a wall of South windows. This home lends itself to both formal entertaining and casual living with myriad options to dine, lounge, and take in stunning views. A sleek wet bar provides additional storage and elegance. Step into the large DeGiulio chef's kitchen offering a terrace and breakfast area with views to the south and west. Transitional SieMatic cabinetry, leathered marble countertops & backsplash, and Wolf, Sub Zero & Miele appliances. Enchanting primary suite with a large dressing room/walk-in closets, cozy window seat, and elegant en suite bath with separate tub & shower, double vanities, custom lighting, and natural stone. Large second bedroom suite with an elegant en suite with Kallista plumbing fixtures, tub, marble countertops & porcelain floors. The third bedroom offers sliding pocket doors which makes this room flexible - sophisticated built-ins for an office/den or your 3rd bedroom. This room offers access to the 2nd balcony. Hardwood floors throughout, designer lighting, and wallcoverings make this a truly special home. Thoughtfully upgraded with motorized shades, full-size side-by-side laundry, & closets throughout. Enjoy five-star Ritz amenities including the Landmark Club with a Gary Lee designed salon, private conference/dining, daily beverage service, terrace, fitness center, billiards lounge, spa treatment/relaxation rooms & screening room. The ultimate lifestyle awaits; concierge, butler, wine storage, and in-home dining. Two valet parking spots are available for an additional $55,000 ea.
Last Listed By
@properties Christie's International Real Estate License #475123706 Listed on: 04/02/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $30,889
Year Built
- Built in 2012
Lot Details
- 0.28
HOA Fees
- $4,105 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Heated Garage
- Deeded Parking Sold Separately
Home Design
- Concrete Block And Stucco Construction
Interior Spaces
- 2,440 Sq Ft Home
- Entrance Foyer
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
- Walk-In Closet
Outdoor Features
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Steam
- 200+ Amp Service
- Lake Michigan Water
Community Details
Overview
- Association fees include heat, water, insurance, security, exterior maintenance
- 89 Units
- Micah Hine Association, Phone Number (312) 846-7014
- Property managed by The Ritz-Carlton Residences
- 40-Story Property
Pet Policy
- Dogs and Cats Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 28, 2025
Sold by
Al-Khaled Nouri
Bought by
Al-Khaled Shatha Asadi
Total Days on Market
27
Current Estimated Value
Purchase Details
Listed on
Apr 2, 2024
Closed on
May 15, 2024
Sold by
Adomavicius Aurimas and Adomavicius Virginija
Bought by
Al-Khaled Nouri and Al-Khaled Shatha Asadi
Seller's Agent
Carrie McCormick
@properties Christie's International Real Estate
Buyer's Agent
Carrie McCormick
@properties Christie's International Real Estate
List Price
$1,425,000
Sold Price
$1,375,000
Premium/Discount to List
-$50,000
-3.51%
Views
25
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.85%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Al-Khaled Shatha Asadi | -- | None Listed On Document | |
| Al-Khaled Nouri | $1,375,000 | Chicago Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Al-Khaled Nouri | $1,000,000 | |
| Previous Owner | Adomavicius Aurimas | $750,000 | |
| Previous Owner | Adomavicius Aurimas | $1,369,300 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/20/2024 05/20/24 | Sold | $1,375,000 | -3.5% | $564 / Sq Ft |
| 04/30/2024 04/30/24 | Pending | -- | -- | -- |
| 04/02/2024 04/02/24 | For Sale | $1,425,000 | -21.3% | $584 / Sq Ft |
| 04/17/2017 04/17/17 | Sold | $1,810,000 | +2.3% | $742 / Sq Ft |
| 02/16/2017 02/16/17 | Pending | -- | -- | -- |
| 09/15/2016 09/15/16 | For Sale | $1,770,000 | -- | $725 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $29,628 | $145,832 | $3,232 | $142,600 |
| 2023 | $29,628 | $144,046 | $2,606 | $141,440 |
| 2022 | $29,628 | $144,046 | $2,606 | $141,440 |
| 2021 | $30,889 | $153,609 | $2,606 | $151,003 |
| 2020 | $36,783 | $165,118 | $1,836 | $163,282 |
| 2019 | $33,174 | $165,118 | $1,836 | $163,282 |
Source: Public Records
Agents Affiliated with this Home
-
Carrie McCormick
-
Seller's Agent in 2017
Mary Beth Malone
@ Properties
(312) 342-0496
-
Mark Baetzel
Buyer's Agent in 2017
Mark Baetzel
@ Properties
(773) 968-0210
1 Total Sale
About The Residences at the Ritz-Carlton
Map
Similar Homes in Chicago, IL
Source: Midwest Real Estate Data (MRED)
MLS Number: 12018470
APN: 17-10-109-024-1040
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