161 E Chicago Avenue #40DE, Chicago IL 60611
$899,000

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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.

Features & Information

Key Details

  • List Price $899,000
  • Property Taxes $17,267
  • Assessments/HOA $2,840
  • Assessments/HOA frequency Monthly
  • Assessments/HOA Fee Includes Air Conditioning, Water, Insurance, Doorman, TV/Cable, Exercise Facilities, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Internet
  • Square Feet 0
  • Year Built 1985
  • Listing Market Time 40
  • Status Contingent

Rooms

  • Total Rooms 6
  • Number of Bedrooms 3
  • Number of Bathrooms 3
  • Primary Bedroom

  • Room Size 15X19
  • Floor Level Main
  • Flooring Carpet
  • Primary Bathroom Full,Whirlpool & Sep Shwr
  • Bedroom 2

  • Room Size 16X12
  • Floor Level Main
  • Flooring Carpet
  • Bedroom 3

  • Room Size 15X20
  • Floor Level Main
  • Flooring Hardwood
  • Living Room

  • Room Size 17X24
  • Floor Level Main
  • Flooring Hardwood
  • Dining Room

  • Room Size 15X11
  • Floor Level Main
  • Flooring Hardwood
  • Kitchen

  • Room Size 9X20
  • Floor Level Main
  • Flooring Ceramic Tile

Additional Rooms

  • Gallery

  • Room Size 7X22
  • Floor Level Main
  • Flooring Hardwood
  • Walk In Closet

  • Room Size 6X15
  • Floor Level Main
  • Flooring Carpet
  • Laundry

  • Room Size 5X5
  • Floor Level Main

Interior Features

  • Appliances

  • Appliances Included Double Oven, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Cooktop, Electric Oven
  • Heating & Cooling

  • Heating Type Electric
  • Air Conditioning Central Air, Zoned
  • Fireplace

  • # of Fireplaces 0

Exterior Features

  • Parking

  • # of Cars 2

Building Information

  • Number of Units 252
  • Age of Building 41-50 Years
  • Exposure South,West,City,Lake/Water
  • Pets

  • Pets Allowed? Cats OK, Dogs OK, Number Limit

Location

  • County Cook
  • Township North Chicago
  • Corporate Limits Chicago
  • Directions to Property Chicago Avenue, East Of Michigan Avenue
  • Schools

  • Elementary School District 299
  • Junior High District 299
  • High School District 299
  • Property Taxes

  • Tax 17267.02
  • Tax Year 2024
  • Tax Exemptions Homeowner,Senior
  • Parcel Identification Number 17102000681127

Listed by Caroline Druker for Baird & Warner | Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 8/10/2026 4:02 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Explore Streeterville

Flanked on one side by the crowded sidewalks of Michigan Avenue and the wide open waters of Lake Michigan on the other, Streeterville is home some of the biggest attractions and most visited sites in Chicago. Shop the Magnificent Mile, ride the Ferris wheel at Navy Pier, get culture at the Museum of Contemporary Art and enjoy the vistas from the 94th-floor Observatory at the John Hancock Center, all within a few blocks from your front door. Residents like the architectural grandeur of this small, near north side Chicago neighborhood which also includes iconoclastic landmarks like the ornate Tribune Tower and the Water Tower Place. For living space, towering condominium high-rises are the norm, offering homeowners a high-end lifestyle with a view. Giving up the height but keeping the luxury, three- and four-story brown- and graystones make up the rest of Streeterville real estate. Needless to say, the neighborhood has the best shopping in Chicago with its Mag Mile retailers and flagship department stores. The Streeterville cuisine is just as sought-after, boasting reservation-required restaurants and more casual, family-friendly joints.

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