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  • $2,450,000

    111 E Chestnut St #Phab, Chicago, IL 60611

    3beds
    2,600sqft
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    Condominium, Single Family Residence
    Built in 1972
    -- sqft lot
    $-- Zestimate®
    $942/sqft
    $2,341/mo HOA

    What's special

    Immersive cinematic experienceSony oled displaysIntelligent kohler systemsDesigner lighting installationsPatterned marble mosaic entrywayCalacatta michelangelo marble slabsCustom millwork
    Introducing an extraordinary, rarely offered penthouse at 111 E Chestnut Street, PH-AB-an expansive top-floor residence spanning 2,600 square feet of meticulously designed living space, perfectly positioned in the heart of Chicago's Gold Coast. Defined by 31 floor-to-ceiling windows and featuring the tallest ceiling heights in the building, the residence captures unobstructed panoramic views to the west, north, and east. From sunrise over Lake Michigan to dramatic sunset cityscapes, the home is filled with natural light and breathtaking perspectives throughout the day. The property has undergone a complete, no-expense-spared gut renovation, taking more than 18 months to thoughtfully design and execute in collaboration with a renowned designer. The result is a residence that blends modern technology with timeless European design influences. The interiors begin with Legno Studio white oak chevron flooring, leading into a dramatic living space designed to evoke the feel of a Parisian salon, anchored by custom millwork, antique mirror accents, and a custom marble fireplace imported from Paris. Designer lighting fixtures, including Arteriors installations, highlight the architectural details throughout the home. At the heart of the residence is a stunning chef's kitchen featuring custom white oak cabinetry by Guilded Design, a sculptural island with reeded detailing, and Calacatta Michelangelo marble slabs. The kitchen is fully equipped with a professional appliance suite including Sub-Zero, Wolf, and Miele appliances, such as a Miele built-in coffee system, steam oven, refrigeration, and induction cooking, designed for both everyday living and elevated entertaining. A second Miele freezer is attached for added convenience. Marble appears throughout the home in remarkable ways from the patterned marble mosaic entryway to the spa-inspired primary bath clad in Calacatta Gold marble slabs, complete with heated floors, steam shower, soaking tub, Dornbracht fixtures, dual vanity and intelligent Kohler systems that elevate the everyday experience into something truly luxurious. A striking glass-enclosed wine room framed in iron provides a dramatic focal point while offering collector-level storage. One of the home's most distinctive architectural moments is the arched entry door leading into the private theater lounge. Inspired by historic arches found in Alexandria, Egypt that traditionally served as entrances to loggias, it creates a sense of passage into a completely different atmosphere. Inside, the theater, features a speakeasy-inspired lounge with a custom bar and immersive cinematic experience. The entertainment experience is powered by a reference-level sound system featuring Bowers & Wilkins speakers, REL subwoofers, and professional amplification paired with Sony OLED displays, delivering exceptional audio and visual performance. The residence is also fully integrated with a whole-home Savant smart system, allowing seamless control of lighting, audio, climate, entertainment, and shading directly from your phone or tablet. Custom lighting scenes transform the home from daytime living to evening entertaining or full cinema mode. Additional bespoke elements include custom walk-in closets with sweeping city views, built-in cabinetry throughout the residence, designer lighting installations, integrated garment care systems, and thoughtfully designed storage spaces that maintain the home's clean architectural lines. The current floor plan is configured as a spacious 3-bedroom residence with 3 full bathrooms, that can easily be converted to a 4th bedroom if desired, offering flexibility for future owners. The offering includes 3 prime second-floor parking spaces. The residence is presented at $2,450,000, reflecting over $1.4M invested in its complete transformation. A complete list of renovations, finishes, floor plan and design details can be provided. This is truly a rare and one-of-a-kind penthouse.
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    Zillow last checked:

    Listed by:

    Vilgert Vincenzo Kostaqi 312-804-6600,

    Coldwell Banker Realty

    Source: MRED as distributed by MLS GRID,MLS#: 12599950MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 3
      Rooms
      • Room types: Foyer
      Primary bedroom
      • Features: Flooring (Carpet), Window Treatments (Shades), Bathroom (Full)
      • Level: Main
      • Area: 345 Square Feet
      • Dimensions: 23X15
      Bedroom 2
      • Features: Flooring (Carpet), Window Treatments (Shades)
      • Level: Main
      • Area: 225 Square Feet
      • Dimensions: 15X15
      Bedroom 3
      • Features: Flooring (Hardwood)
      • Level: Main
      • Area: 196 Square Feet
      • Dimensions: 14X14
      Dining room
      • Features: Flooring (Hardwood), Window Treatments (Shades)
      • Level: Main
      • Area: 210 Square Feet
      • Dimensions: 14X15
      Family room
      • Features: Flooring (Hardwood), Window Treatments (Shades)
      • Level: Main
      • Area: 210 Square Feet
      • Dimensions: 15X14
      Foyer
      • Features: Flooring (Marble)
      • Level: Main
      • Area: 120 Square Feet
      • Dimensions: 08X15
      Kitchen
      • Features: Kitchen (Eating Area-Table Space, Galley, Island), Flooring (Marble), Window Treatments (Shades)
      • Level: Main
      • Area: 140 Square Feet
      • Dimensions: 14X10
      Laundry
      • Features: Flooring (Marble)
      • Level: Main
      • Area: 50 Square Feet
      • Dimensions: 05X10
      Living room
      • Features: Flooring (Hardwood), Window Treatments (Shades)
      • Level: Main
      • Area: 240 Square Feet
      • Dimensions: 16X15
      Heating
      • Electric, Radiant Floor
      Cooling
      • Wall Unit(s)
      Appliances
      • Included: Range, Microwave, Dishwasher, Refrigerator, High End Refrigerator, Washer, Dryer, Disposal
      • Laundry: Washer Hookup
      Features
      • Wet Bar, Theatre Room, Storage, Built-in Features, Walk-In Closet(s), High Ceilings, Special Millwork
      • Flooring: Hardwood
      • Basement: None
      • Common walls with other units/homes: End Unit
      Interior area
      • Total structure area: 0
      • Total interior livable area: 2,600 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 3
      • Parking features: Yes, Deeded, Attached, Garage
      • Attached garage spaces: 3
      Accessibility
      • Accessibility features: No Disability Access
      Features
      • Has view: Yes
      • View description: Front of Property
      • Has water view: Yes
      • Water view: Front of Property
      Details
      • Additional parcels included: 17032250781437
      • Parcel number: 17032250781436
      • Special conditions: List Broker Must Accompany

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condominium, Single Family Residence
      Materials
      • Concrete
      Condition
      • New construction: No
      • Year built: 1972
      • Major remodel year: 2025

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Lake Michigan

      Community & HOA

      HOA
      • Has HOA: Yes
      • Amenities included: Bike Room/Bike Trails, Door Person, Coin Laundry, Elevator in Residence, Exercise Room, Storage, On Site Manager/Engineer, Party Room, Sundeck, Pool, Receiving Room, Sauna, Service Elevator(s), Valet/Cleaner, Business Center, Laundry, Elevator(s), Patio
      • Services included: Water, Parking, Insurance, Doorman, Cable TV, Clubhouse, Exercise Facilities, Exterior Maintenance, Lawn Care, Scavenger
      • HOA fee: $2,341 monthly
      Location
      • Region: Chicago

      Financial & listing details

      • Price per square foot: $942/sqft
      • Tax assessed value: $352,110
      • Annual tax amount: $21,405
      • Ownership: Condo

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        8/25/2023Sold$620,000+46.6%$238/sqft
        Source: @Properties sold #11814122_60611_35C Report a problem
        5/23/2023Sold$422,800-23.8%$163/sqft
        Source: @Properties sold #11749073_60611_49H Report a problem
        12/22/2022Sold$555,000-3.5%$213/sqft
        Source: @Properties sold #11431646_60611_23A Report a problem
        6/15/2022Sold$575,000-5%$221/sqft
        Source: @Properties sold #11166456_60611_16K Report a problem
        2/1/2022Sold$605,000-10%$233/sqft
        Source: @Properties sold #11196057_60611_54C Report a problem
        11/22/2021Sold$672,500+104.7%$259/sqft
        Source: @Properties sold #11212739_60611_26K Report a problem
        8/29/2011Sold$328,500-10.2%$126/sqft
        Source: Public Record Report a problem
        7/12/2005Sold$366,000+7%$141/sqft
        Source: Public Record Report a problem
        1/29/2002Sold$342,000+127.5%$132/sqft
        Source: Public Record Report a problem
        9/5/1997Sold$150,333$58/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024-- $35,211 +6.7%
        2023$6,961 +2.6%$32,990
        2022$6,785 +2.3%$32,990
        2021$6,634 -9.8%$32,990 -0.1%
        2020$7,355 +2.2%$33,017 -7.8%
        2019$7,198 +1.7%$35,828
        2018$7,077 +8.1%$35,828 +17.8%
        2017$6,547 +7.5%$30,413
        2016$6,091 +9.3%$30,413
        2015$5,573 +14.5%$30,413 +16%
        2014$4,866 +2%$26,228
        2013$4,770 -9.4%$26,228 -10.6%
        2012$5,267 +3.8%$29,352 -6.2%
        2011$5,073 -0.4%$31,308
        2010$5,095 -0.8%$31,308 -5%
        2009$5,138 +10.7%$32,947 +1.9%
        2008$4,640 +1%$32,348
        2007$4,594 -1.1%$32,348
        2006$4,644 -7.1%$32,348 +5.7%
        2005$4,999 +1%$30,591
        2004$4,948 +2.2%$30,591
        2003$4,841 +18.5%$30,591 +34.5%
        2002$4,085 +13.9%$22,738
        2001$3,587 +4.2%$22,738
        2000$3,442 -10.6%$22,738 +14.2%
        1999$3,852 $19,916

        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Streeterville

        Getting around

        99 / 100
        Walker's Paradise
        92 / 100
        Rider's Paradise
        81 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: 299

        Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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