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Property Description

Rare opportunity with this property! Enjoy incredible views from this high-floor DE combination unit with desirable south and west exposures, filling the home with natural light throughout the day. The flexible split floor plan offers endless possibilities. Currently configured as one expansive residence, it can also be converted back to its original layout as a large studio (D unit) and a 2-bedroom (E unit), as the studio kitchen remains intact. With no current rental restrictions, the investment potential is exceptional. Keep the home as-is and enjoy the generous living space, live in one unit and rent the other, or rent both for maximum income potential. A truly unique opportunity in a building where most D and E units have already been combined. Monthly assessment: 2839.38 2024 Taxes: $17,267.02.

Overview

Property Status
Sold
Date Sold
September 10, 2026
MLS ID
12677042
Property Type
Condo
Year Built
1985

Features & Amenities

Neighborhood
Near North
Stories
64
Garage Spaces
2.0
Water Source
Lake Michigan
Parking
Heated Garage, Yes, Leased, Attached, Garage
Heat Type
Electric
Air Conditioning
Central Air, Zoned
Laundry Room
Washer Hookup, Electric Dryer Hookup, In Unit, Laundry Closet
Appliances
Double Oven, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Cooktop, Electric Oven
Other Interior Features
Storage, Walk-In Closet(s)
Sewer
Public Sewer
HOA Amenities
Bike Room/Bike Trails, Door Person, Coin Laundry, Elevator in Residence, Exercise Room, Storage, On Site Manager/Engineer, Party Room, Sundeck, Indoor Pool, Receiving Room, Service Elevator(s)
School District
299
Sales Price
$780,000
Real Estate Tax
$17,267/yr
HOA
$2,840/mo

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161 E Chicago Avenue Unit: 40DE

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    License #471004934

    (312) 286-1634
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