Estimated payment $85,648/month
Total Views
34,626
5
Beds
7
Baths
8,500
Sq Ft
$1,376
Price per Sq Ft
Highlights
- Doorman
- 3-minute walk to Chicago Avenue Station (Red Line)
- Granite Flooring
- Fitness Center
- Home Theater
- 2-minute walk to Connors Park
About This Home
An oasis above the clouds, this one-of-a-kind penthouse comprises the entire 64th floor at the prestigious Park Tower on North Michigan Avenue. Spanning 8,500 SQFT, this 15-room apartment was meticulously crafted by the renowned architectural firm Marvin Herman & Associates and Interior Designer, Mitchell Turnbough. With a 360-degree view of the city, this unique residence is designed to provide an unobstructed panorama of Chicago's skyline. Access this penthouse via one of three elevators and a private elevator foyer, secured with custom designed filigree metal doors and state-of-the-art controls. Herman and Turnbough created a bold sense of exhilaration and drama as you step into the home. The entrance introduces the apartment's 12' ceiling grandeur with an allee of elegant, fluted columns wrapped in cream shagreen. Each space within the home has been purposefully designed to create a sense of majesty without traditional barriers, offering a fluid, uninterrupted walk around the apartment. The living spaces are open and conducive to modern family living, featuring high-level, durable finishes, and bespoke anegre wood paneling. The custom plaster cornice and walls were crafted by hand. Inspired by a vivid Ferragamo scarf, Turnbough enveloped the 2,400 SQFT grand living room and dining room walls in salmon-pink velvet. The space is further enriched with polished black granite floors and lacquered baseboards. The choice of red hues throughout the room enhances the natural light, creating a dynamic interplay of colors that shift with the day's arc, adding a sense of luxury and softness. This ensures the space is equally suited for stately celebrations and intimate gatherings, maintaining a sense of warmth and inclusion regardless of the event size. The dream kitchen features sprawling granite counterspace, top-of-the-line appliances, and is clad in impressive quarter cut figured anegre custom cabinets and wall paneling. A butler's pantry, a unique ovular island, and abundant storage complete the space. The kitchen opens to a great room showcasing spectacular lake and city views with north, east, and west exposures. This gracious space accommodates a breakfast room, a large family room, and a playful 8-person "porch swing," at the west corner of the family room, which floats gracefully from the 12 ft ceilings. The corner primary suite occupies the entire south wing and enjoys abundant sun from southeast exposures and views of the lake and the city down Michigan Avenue. Clad in quarter cut figured English sycamore paneling, no expense was spared in the custom closet & dressing room where you will find copious hanging space, a three-way mirror and a center island. The closet also doubles as a panic room. A luxurious ensuite bathroom, accoutered entirely in a soft golden-green onyx with book matched creamy marbling and gilded gold fittings, enjoys southwest corner views & features heated floors, a steam shower & tub with west-facing views. A sizeable home office paneled in quarter cut figured English sycamore flanks one side of the primary suite while a large exercise room flanks the other side and leads to the west wing of the residence, which is dedicated entirely to four ensuite guest rooms. The owner paid special attention to structural integrity and sound insulation, ensuring a reposeful living environment amidst the bustling city. From an aesthetic perspective, even the door hardware was exclusively designed by Marvin Herman for this penthouse, creating a high level of customization. The home is equipped with automated shades, smart Control 4 integrated surround sound & TV system. This residence offers a rare opportunity to own a significant piece of Chicago's architectural innovation, where every detail has been crafted to ensure unparalleled elegance & comfort. Enjoy Renowned Park Hyatt Hotel amenities at your disposal - 24 hour fitness center, indoor pool, spa, in-room dining, and the acclaimed NoMi restaurant
Listing Agent
@properties Christie's International Real Estate License #475123706 Listed on: 07/17/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $140,324
Year Built
- Built in 2000
HOA Fees
- $9,337 Monthly HOA Fees
Parking
- 3 Car Garage
- Parking Included in Price
Home Design
- Concrete Block And Stucco Construction
Interior Spaces
- 8,500 Sq Ft Home
- Family Room
- Combination Dining and Living Room
- Home Theater
- Utility Room with Study Area
- Home Gym
Kitchen
- <<doubleOvenToken>>
- Indoor Grill
- Range<<rangeHoodToken>>
- <<microwave>>
- High End Refrigerator
- Freezer
- Dishwasher
- Disposal
Flooring
- Carpet
- Granite
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Potential Bedrooms
- Walk-In Closet
- Dual Sinks
- <<bathWithWhirlpoolToken>>
- Steam Shower
- Separate Shower
Laundry
- Laundry Room
- Dryer
- Washer
Schools
- Ogden Elementary
- Wells Community Academy Senior H High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Lake Michigan Water
Community Details
Overview
- Association fees include water, gas, parking, insurance, doorman, tv/cable, exterior maintenance, lawn care, scavenger, snow removal, internet
- 117 Units
- Paulette Rodriguez Association, Phone Number (312) 587-7968
- High-Rise Condominium
- Property managed by SUDLER
- Lock-and-Leave Community
- 67-Story Property
Amenities
- Doorman
- Elevator
- Service Elevator
- Package Room
- Community Storage Space
Recreation
Pet Policy
- 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 | $140,324 | $673,208 | $7,658 | $665,550 |
| 2023 | $168,501 | $671,040 | $6,166 | $664,874 |
| 2022 | $168,501 | $825,388 | $6,166 | $819,222 |
| 2021 | $176,882 | $885,608 | $6,166 | $879,442 |
| 2020 | $172,109 | $778,173 | $4,316 | $773,857 |
| 2019 | $168,419 | $844,444 | $4,316 | $840,128 |
| 2018 | $165,585 | $844,444 | $4,316 | $840,128 |
| 2017 | $181,621 | $849,767 | $3,453 | $846,314 |
| 2016 | $169,341 | $849,767 | $3,453 | $846,314 |
| 2015 | $154,892 | $849,767 | $3,453 | $846,314 |
| 2014 | $140,353 | $760,869 | $2,774 | $758,095 |
| 2013 | $137,563 | $760,869 | $2,774 | $758,095 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/17/2024 07/17/24 | For Sale | $11,700,000 | -- | $1,376 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $4,900,000 | Chicago Title Insurance Co | |
| Warranty Deed | $3,615,000 | -- |
Source: Public Records
Similar Homes in Chicago, IL
Source: Midwest Real Estate Data (MRED)
MLS Number: 12086519
APN: 17-03-231-018-1114
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