Back 49b/161 E Chicago Ave
Off Market

49b/161 E Chicago Ave

Chicago IL 60611

2
3
1850 sq. ft.
Condo
Last sold for $840,000
Lauren HundmanLauren Hundman, last sold this property on 29 July 2025 after 46 days on market.

Overview

Rarely available, southeast corner Olympia Centre condo with unobstructed views of the lake and city. Live in one of the most exclusive addresses in Streeterville and enjoy over 1800 square feet of living space. A large foyer will greet you and your guests and is the center point of a functional 2bd/2.5ba split floor plan. Through the updated galley kitchen with its white shaker cabinets, sleek black hardware, Sub-Zero refrigerator, and under counter wine fridge, you will enter your living and dining area with dramatic and jaw-dropping panoramic views of the lake, Navy Pier, and many iconic Chicago buildings, such as the St. Regis and The Allerton Hotel. The primary bedroom is an oasis, offering a stunning view of Lake Michigan, a spacious walk-in closet, and a primary bathroom suite featuring a separate soaking tub and shower. The second bedroom serves well as an office or guest room with an inspiring view of downtown Chicago. The unit has been updated with hardwood flooring throughout, fresh paint, and new designer lighting. Enjoy building amenities such as an indoor pool, fitness center, event room, and roof deck, perfect for viewing Navy Pier fireworks and the Air and Water Show. The 24/7 door staff is world-class, providing treatment akin to what one would expect at a five-star hotel, and is considered a benchmark for elite co-ops and condos throughout the city. The building is situated directly off the Magnificent Mile, just steps from the Lakefront Trail, the Museum of Contemporary Art, Lake Shore Park and Tennis Courts, Water Tower Place, world-class restaurants, and much more.

Features

2 bedrooms
3 bathrooms
1850 sq. ft. floor area
Condo

Estimated Value

Based on this property and similar 2 bedroom condos sold in Chicago over the last 12 months, the estimated median property value of 49b/161 E Chicago Ave is $620k.

Median value
$620k
Estimated value range
$210k - $1.48m
Median days on market
24
Estimated value trend
16%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Chicago. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 49b/161 E Chicago Ave

2025
Sold
$840,000
29 Jul 2025 by Lauren Hundman, of Westward360 RM
2020
Sold
$675,000
30 Dec 2020 by Jennifer Ames, of Engel & Voelkers Chicago
2017
Sold
$687,500
25 Jul 2017 by Rose Marie Russ, of Baird & Warner

Happy sellers in Chicago

87%
87% of sellers in Chicago reported that their sale price either exceeded or met their price expectations.

Chicago stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Chicago over the last 12 months.

Local market activity for 2 bedroom condos in Chicago

In the last 12 months, 344 two-bedroom condos similar to 49b/161 E Chicago Ave, have been sold.

This represents a 22% increase in two-bedroom condos sales when compared to the previous 12 months.

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