Introduction To The Chicago Building Water Tower

The name "Water Tower Place" means one thing to most people: shopping. But the high-rise at the foot of Michigan Avenue in Chicago's Streeterville neighborhood contains more than just department stores. Located at 180 E. Pearson, this 74-story skyscraper contains 260 separate condos with fee/leased parking for residents with vehicles. The tower was built in 1976 and it remains one of the most prestigious residential buildings in all of Chicago.

Address: 180 E. Pearson, Chicago, IL 60611

Neighborhood: Streeterville

Streeterville Condos - 180 E. Pearson, Chicago, IL 60611
  • Has Concierge -
  • Has Doorman -
  • Has Health Club Attendant -
  • Has On Site Engineer -
  • Has On Site Maintenance -
  • Has On Site Manager -
  • Doorman Phone Number - 312-337-5437
  • Builder Developer Name - Marban
  • Designer Architect Name - Loebl, Schlossman & Hackl
  • President Name - Stephen Eisenberg
  • Has Builder Developer -


General Information

  • Building Exterior Description - Marble/Granite
  • Building Type Alt Description -
  • Building Type Description - High Rise
  • Distance To Bus Station - 0.1
  • Distance To L Station - 0.2
  • # of Units with Lake Exposure - 0
  • # of Units with Skyline Exposure - 0
  • Property Name - Water Tower
  • Style Description - Contemporary
  • Year Occupied - 1/2/2006 12:00:00 AM
  • Zip Code - 60611
  • Number of Stories - 74
  • Bus Routes - 145, 146, 147, 151
  • Cable Company -
  • Electric Company -
  • Gas Company -
  • Location Description - Between Michigan and Mies Van Der Rohe, two blocks west of Lake Michigan
  • Phone Company -
  • Unique Features -
  • Year Condo - 1/2/2006 12:00:00 AM
  • Primary Street Number - 180
  • Primary Street Direction - E
  • Primary Street Name - Pearson
  • Secondary Street Number -
  • Secondary Street Direction -
  • Secondary Street Name -
  • Tertiary Street Number -
  • Tertiary Street Direction -
  • Tertiary Street Name -


Facilities and Amenities

  • Elevator Count - 4
  • Has Cab Light -
  • Has Canopy -
  • Has Closed Circuit TV -
  • Has Elevator -
  • Has High Speed Internet Available -
  • Has Landscaping Service -
  • Has Loading Dock -
  • Has Newsletter -
  • Has Off Street Drive Through -
  • Has Receiving Room -
  • Has Recycling Program -
  • Has Snow Removal Service -
  • Has Trash Chutes -
  • Has Website -
  • Is Handicapped Accessible -
  • Service Elevator Count - 1
  • Website Url -
  • Has Basketball Court(s) -
  • Has a Clubhouse Party Room -
  • Has an Exercise Room -
  • Has Free Weights -
  • Has an Indoor Pool -
  • Has an Outdoor Pool -
  • Has Ping Pong Table(s) -
  • Has a Play Ground -
  • Has Racquetball Handball Court(s) -
  • Has a Sauna -
  • Has a Spa -
  • Has a Steam Room -
  • Has a Sundeck -
  • Has Tennis Court(s) -
  • Has a Whirl Pool -
  • Has a Yard -
  • # of Tennis Courts - 0
  • Fee Description -


Standard In-Unit Features

  • Max Ceiling Height - 9.00
  • Min Ceiliing Height - 9.00
  • Has AC Unit -
  • Has Blinds Shades Shutters -
  • Has Ceramic Bathroom Floor -
  • Has Ceramic Foyer Floor -
  • Has Ceramic Kitchen Floor -
  • Has Compactor -
  • Has Dishwasher -
  • Has Disposal -
  • Has Double Paned Windows -
  • Has Fire Place -
  • Has Hardwood Floors -
  • Has Heating Unit -
  • Has Hot Water Heater -
  • Has Intercom -
  • Has Microwave -
  • Has Outside Air -
  • Has Patio Balcony -
  • Has Refrigerator -
  • Has Security Alarm -
  • Has Skylights -
  • Has Smoke Detector -
  • Has Sprinklers -
  • Has Stove -
  • Has Vaulted Ceilings -
  • Has Vents To Outside -
  • Has Wall To Wall Carpet -
  • Has Washer Dryer -
  • Has Washer Dryer Hookup -
  • Has Windows That Open -

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Assessments

  • Is AC Included -
  • Is Cable TV Included -
  • Is Cooking Gas Included -
  • Is Electricity Included -
  • Is Heat Included -
  • Is Hot Water Included -
  • Is Satellite TV Included -
  • Is Water Included -


Heating And Airconditioning

  • Central -
  • HVAC -
  • Other Cool -
  • Window Sleeve Zoneline -
  • Other Cool Description -
  • Base Board -
  • Electric -
  • Forced Air -
  • Gas -
  • Oil -
  • Other Heat -
  • Radiant -
  • Radiator -
  • Space Zoneline -
  • Other Heat Description -


Parking

  • Deeded Parking Description -
  • Has Car Wash -
  • Has Guest Parking -
  • Has Indoor Parking -
  • Has Tenant Parking -
  • Is Attended -
  • Is Heated -
  • Most Recent Sale - 0.0000
  • Oversized Vehicles Allowed -
  • Rent Self Per Year - 3840.0000
  • Rent Valet Per Year - 5520.0000


Security Features

  • Has Alarms On Units -
  • Has Keyed Stairwells -
  • Has a Locked Lobby -
  • Has Non Duplicate Keys -
  • Has Smoke Detector -
  • Has Sprinklers -
  • Has Twenty Four Hour Doorman -
  • Has Twenty Four Hour Guard -
  • Has Video Monitors -
  • Has CO Detectors -
  • Other -


Building Policies

  • Board Can Refuse Sale -
  • Board Can Refuse Sale In Days - 30
  • Board Must Approve Sale -
  • Board Must Approve Sale In Days - 30
  • Cap On Rentals Percent - 0
  • Cats NOT Allowed -
  • Cats Limitations -
  • Commercial Office NOT Allowed -
  • Dogs NOT Allowed -
  • Dogs Limitations -
  • For Rent Sale Sign NOT Allowed -
  • Hardwood Floors NOT Allowed -
  • Has Cap On Number Of Rentals -
  • Has Minimum Lease Period -
  • Home Office NOT Allowed -
  • Minimum Lease Period In Months - 12
  • Open House By Realtor NOT Allowed -
  • Rentals NOT Allowed -
  • Tenants Interviewed In Person -
  • Water Furniture NOT Allowed -

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Currently Available Units

  • Address
  • Bed
  • Bath
  • Price

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Recently Sold Units

  • Address
  • Bed
  • Bath
  • Price

Unit Details

  • Average Price Per Square Foot - 637.4723
  • Number of Commercial Units - 0
  • Number of Residential Units - 260
  • Number of Residential Units Occupied By Non Owner - 4
  • Number of Residential Units Occupied By Owner - 256
  • Number of Residential Units Sold Last Year - 9
  • Number of One Bedroom Units - 0
  • Range Of Units Per Floor - 7
  • Number of Studio Units - 0
  • Number of Three Bedroom Units - 170
  • Total Number of Units - 260
  • Number of Two Bedroom Units - 90

Streeterville Photos - See all Chicago Photos

  • Chicago Real Estate Streeterville Building
  • Chicago Real Estate Streeterville Building
  • Chicago Real Estate Streeterville Building
  • Chicago Real Estate Streeterville Building
  • Chicago Real Estate Streeterville Building
  • Chicago Real Estate Streeterville Building
  • Chicago Real Estate Streeterville Building
  • Chicago Real Estate Streeterville Building
  • Chicago Real Estate Streeterville Building
  • Chicago Real Estate Streeterville Building
  • Chicago Real Estate Streeterville Building
  • Chicago Real Estate Streeterville Building

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180 E. Pearson Real Estate Floorplans

*Click the thumbnail to see a larger image.

  • Chicago Condo Building Floorplans
    F Tier
  • Chicago Condo Building Floorplans
    A Tier
  • Chicago Condo Building Floorplans
    E Tier*
  • Chicago Condo Building Floorplans
    B Tier
  • Chicago Condo Building Floorplans
    C Tier

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180 E. Pearson Sales Statistics and Market Data

Market Data

Prices of units currently on the market may be higher or lower than these medians. Check with a Dream Town agent.
* Indicates no units of this type were reported closed during the 12-month period

An * after name of unit type indicates that the Median Sales Price was estimated by using the average MSP per square.

Unit Type BRs BAs SqFt Median Sale $ Avg Mnth Assmt Avg Market Time
F Tier 2 2.0 1775 $900,000 $1,348 224 Day(s)
5801 Tier* 4 4.5 5663 $3,610,006 $0 0 Day(s)
6301 Tier* 5 7.0 6000 $3,824,834 $0 0 Day(s)
A Tier 4 4.5 3320 $2,500,000 $2,705 4 Day(s)
E Tier* 2 2.5 2268 $1,445,787 $0 0 Day(s)
B Tier 3 3.5 2754 $1,200,000 $2,157 144 Day(s)
C Tier 3 3.0 2975 $2,300,000 $2,273 449 Day(s)

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Chicago Schools Near 180 E. Pearson

Type Name District $/Student Stdnts/Tchr Enrollment
Public Grade Manierre 299 $5,749 24 810
Public High Clemente 299 $7,903 14 2005
Private High Archbishop Quigley Prep Seminary 0 $0 8 214
Private Grade St Joseph Elementary 0 $0 10 140
Public Grade Ogden Elementary 299 $5,474 18 556
Public Grade Lafayette 299 $7,627 18 792
Public Jr High Schiller 299 $7,043 18 373
Private Grade Catherine Cook 0 $0 7 210
Public Grade Truth, Sojourner 0 $6,811 22 560
Public Grade Franklin Fine Arts 299 $8,315 16 362
Priv. Grade & High The Latin School Of Chicago 0 $0 9 1030
Public Grade Byrd Elem Community Academy 299 $9,236 15 423
Public High Payton College Prep 299 $11,922 11 533
Public Grade Chopin 299 $6,898 16 571
Public Grade Jenner Academy Of the Arts 299 $7,247 16 577
Public Grade Salazar Bilingual Education Center 299 $6,216 18 365
Public Grade South Loop 299 $6,641 20 413
Private Grade Lake Shore Preparatory 0 $0 6 264
Pre School Kindercare $

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More Information About 180 E. Pearson, Chicago, IL 60611

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Water Tower Place is a striking development offering units with a number of different layouts and an average of 2268 square feet of living space. The various floorplans include anywhere from 1 to 3+ bedrooms with an average master bedroom size of 208 square feet. Typically, the kitchens are 130 square feet, providing plenty of space to cook dinner for the family, or whip up a feast to entertain friends at your new home. And speaking of entertaining, the living rooms in this building are designed with up to 308 square feet of floor space-enough to host small get-togethers, or just lounge around on your own in wide open privacy.


No matter where you live, there are some essential amenities that, in this day and age, we just expect to have. Other features are an added bonus that make the city lifestyle that much sweeter. Water Tower Place incorporates the necessities with a touch of luxury from the rooftop aspects to handy building services to the critical elements back in your private abode. Luxury amenities or not, sometimes the most important factor in purchasing a new home is whether or not your four-legged family member can move in with you. This residential building is pet friendly, so start scoping out the perfect new spot for your furry friend's water bowl.


In addition to the building basics, you probably want to know a bit about how much can you expect to pay in annual assessments and taxes. Well, the average assessments for this sought-after Chicago residence are $1,791 per month, on top of taxes that typically cost $20,810 per year. And just to help you weigh out the nuts and bolts of purchasing a piece of real estate here, as opposed to some other building, we've compiled the most up-to-date data to suffice a comparison.


The price per square foot for property at 180 E. Pearson is $969, with an average size of 2,268 square feet. The standard length of time a unit in this building stays on the market (between listing and closing) is around 60 days. There are currently few 1-bedroom residences available in Water Tower Place, with an average listing price around $2,199,000.


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Explore The Real Estate Around 180 E. Pearson, Chicago, IL 60611

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Information is deemed reliable but not guaranteed.
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