PENDING
$175K PRICE DROP
Estimated payment $12,280/month
Total Views
2,292
2
Beds
2.5
Baths
2,030
Sq Ft
$677
Price per Sq Ft
Highlights
- Doorman
- 3-minute walk to Chicago Avenue Station (Red Line)
- Lock-and-Leave Community
- Steam Room
- Fitness Center
- 2-minute walk to Connors Park
About This Home
Step into extraordinary luxury with this beautifully updated, east-facing residence, located within the renowned Park Hyatt Hotel and Spa. Offering breathtaking views of Lake Michigan and downtown Chicago, this sophisticated 2-bedroom, 2.5-bath condo spans 2,030 sq. ft. and features a flexible bedroom or family room space. Tailored for those who appreciate elegance, privacy, and unparalleled amenities, this home offers the perfect blend of comfort and style. As you enter, you are greeted by an elegant foyer featuring mahogany-paneled walls. The expansive living room boasts a limestone fireplace and offers spectacular, views of the lake and city-an ideal space for entertaining or relaxing. The kitchen, fully renovated in 2024, boasts a large center island, state-of-the-art Gaggenau stainless steel appliances, and custom Leicht cabinetry, creating a sleek and functional culinary space. The primary suite is a true sanctuary, with a spacious layout, ample closet space, and an en-suite bathroom. The second bedroom also provides a comfortable retreat perfect for family or guests. Three incredible east-facing terraces allow you to enjoy the beauty of the lake and cityscape. Included in the price is one assigned garage parking space in the attached private garage, ensuring convenience and security. As a resident, you'll have the option to access the Park Hyatt's unparalleled 5-star amenities, including room service, a heated swimming pool, a state-of-the-art health club, and the renowned Nomi restaurant. Located within walking distance of premier shopping, dining, and cultural venues, this is truly the ultimate in luxury condo living.
Listing Agent
Jameson Sotheby's Intl Realty License #475193322 Listed on: 04/09/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $33,434
Year Built
- Built in 2000
HOA Fees
- $1,900 Monthly HOA Fees
Parking
- 1 Car Garage
- Parking Included in Price
Home Design
- Stone Siding
- Concrete Block And Stucco Construction
Interior Spaces
- 2,030 Sq Ft Home
- Gas Log Fireplace
- Entrance Foyer
- Family Room
- Living Room with Fireplace
- Formal Dining Room
- Storage
- Home Gym
Kitchen
- High End Refrigerator
- Dishwasher
- Wine Refrigerator
- Disposal
Flooring
- Carpet
- Stone
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- Walk-In Closet
- Dual Sinks
- Soaking Tub
- Shower Body Spray
- Separate Shower
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Deck
- Terrace
Utilities
- Forced Air Zoned Heating and Cooling System
- Radiant Heating System
- Lake Michigan Water
Community Details
Overview
- Association fees include heat, air conditioning, water, gas, insurance, tv/cable, snow removal, internet
- 117 Units
- Patrick O'malley Association, Phone Number (312) 587-3280
- High-Rise Condominium
- Park Tower Subdivision
- Property managed by Sudler
- Lock-and-Leave Community
- 67-Story Property
Amenities
- Doorman
- Valet Parking
- Steam Room
- Elevator
- Service Elevator
- Lobby
- Package Room
- Community Storage Space
Recreation
Pet Policy
- Limit on the number of pets
- Dogs and Cats Allowed
Security
- Resident Manager or Management On Site
Map
About This Building
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Home Values in the Area
Average Home Value in this Area
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 | $26,581 | $126,388 | $1,438 | $124,950 |
| 2023 | $31,872 | $125,981 | $1,158 | $124,823 |
| 2022 | $31,872 | $154,958 | $1,158 | $153,800 |
| 2021 | $33,434 | $166,263 | $1,157 | $165,106 |
| 2020 | $32,545 | $146,093 | $810 | $145,283 |
| 2019 | $31,852 | $158,535 | $810 | $157,725 |
| 2018 | $31,316 | $158,535 | $810 | $157,725 |
| 2017 | $34,343 | $159,534 | $648 | $158,886 |
| 2016 | $31,953 | $159,534 | $648 | $158,886 |
| 2015 | $29,234 | $159,534 | $648 | $158,886 |
| 2014 | $26,503 | $142,844 | $520 | $142,324 |
| 2013 | $25,980 | $142,844 | $520 | $142,324 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/04/2025 06/04/25 | Pending | -- | -- | -- |
| 05/28/2025 05/28/25 | Price Changed | $1,375,000 | -5.2% | $677 / Sq Ft |
| 04/25/2025 04/25/25 | Price Changed | $1,450,000 | -6.5% | $714 / Sq Ft |
| 04/09/2025 04/09/25 | For Sale | $1,550,000 | +37.8% | $764 / Sq Ft |
| 05/31/2023 05/31/23 | Sold | $1,125,000 | -2.2% | $554 / Sq Ft |
| 05/15/2023 05/15/23 | Pending | -- | -- | -- |
| 04/20/2023 04/20/23 | Price Changed | $1,150,000 | -11.5% | $567 / Sq Ft |
| 02/20/2023 02/20/23 | For Sale | $1,300,000 | +15.6% | $640 / Sq Ft |
| 01/19/2023 01/19/23 | Off Market | $1,125,000 | -- | -- |
| 10/10/2022 10/10/22 | Price Changed | $1,300,000 | -13.3% | $640 / Sq Ft |
| 06/23/2022 06/23/22 | Price Changed | $1,500,000 | 0.0% | $739 / Sq Ft |
| 06/23/2022 06/23/22 | For Sale | $1,500,000 | +33.3% | $739 / Sq Ft |
| 06/15/2022 06/15/22 | Off Market | $1,125,000 | -- | -- |
| 12/20/2021 12/20/21 | For Sale | -- | -- | -- |
| 12/15/2021 12/15/21 | Off Market | $1,125,000 | -- | -- |
| 04/17/2021 04/17/21 | Price Changed | $1,999,900 | -9.1% | $985 / Sq Ft |
| 12/15/2020 12/15/20 | For Sale | $2,199,900 | +2.3% | $1,084 / Sq Ft |
| 03/14/2016 03/14/16 | Sold | $2,150,000 | -4.4% | $1,059 / Sq Ft |
| 02/17/2016 02/17/16 | Pending | -- | -- | -- |
| 09/30/2015 09/30/15 | For Sale | $2,250,000 | -- | $1,108 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,125,000 | First American Title | |
| Warranty Deed | $2,150,000 | Chicago Title | |
| Warranty Deed | $1,500,000 | Ctic | |
| Warranty Deed | $839,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $875,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $1,000,000 | Unknown | |
| Previous Owner | $1,000,000 | Credit Line Revolving |
Source: Public Records
Similar Homes in Chicago, IL
Source: Midwest Real Estate Data (MRED)
MLS Number: 12314977
APN: 17-03-231-018-1005
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