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A private home in the sky, with room to gather and space to retreat. Across two B-tier levels at Olympia Centre, approximately 4,500 square feet unfold with sweeping city and lake views, generous space for entertaining and inviting places to unwind, all complemented by the ease of full-service high-rise living. Designed by Patrizio Fradiani of Studio F Design and fully renovated in 2011, this five-bedroom, 4.1-bath residence pairs distinctive architecture with considered finishes. Its sculptural staircase, with a graceful curve and smooth architectural surround, makes an unforgettable focal point as it connects the two levels. The 28th floor welcomes you with south and east exposures that fill the living and dining areas with natural light. A dramatic statement light anchors the dining space, while the expansive living room offers a gracious setting for entertaining or quiet evenings at home. The kitchen is both polished and practical, with Poliform cabinetry, Silestone counters, a generous island, pantry, reverse osmosis water system and a top-tier appliance suite. Nearby, a custom temperature-controlled wine room makes a striking design feature. A den, powder room and ensuite bedroom that can also serve as an office complete this level. On the 27th floor, a sunlit lounge framed by city views offers a more intimate place to relax. The primary suite feels like a private retreat, with a 14-foot Poliform walk-in closet and a Carrara marble bath featuring a steam shower, soaking tub and double vanity. Three additional bedrooms, two full baths, a laundry room and mudroom provide comfort and flexibility. A separate 27B entry adds convenience and privacy. Thoughtful details continue throughout, including hardwood floors, Italian glass and steel doors, walnut shelving, refinished window benches and custom closets by Poliform and Closets by Design. Two large storage cages, one on each level, provide valuable additional space. Olympia Centre's full-service amenities include door staff, an indoor pool, two fitness centers, a sauna, a common roof deck, party room, dry cleaner, bike storage and on-site management. Leased garage parking is available. Across from the Museum of Contemporary Art and moments from Michigan Avenue, the lakefront, nearby parks and celebrated dining, the home places the best of Streeterville just outside your door. Distinctive in design and generous in scale, this exceptional residence offers a singular way to experience Chicago from above.

Highlights

  • Residential
  • Condominium
  • Built in 1985
  • $4,220/mo HOA
  • 2 Car Garage
  • 7 days on Market

  • Bedrooms
    5
  • Bathrooms
    4 full · 1 half
  • Year Built
    1985
  • Stories
    64.0
  • Garage Spaces
    2.0
  • Parking Features
    Attached, Garage, Leased
  • Living Area
    4476.0
  • Interior Features
    Walk-In Closet(s), Storage, Entrance Foyer, Built-in Features
  • Appliances
    Dryer, Dishwasher, Refrigerator, Washer, Range, Disposal, Freezer, Double Oven, Range Hood, Wine Refrigerator
  • Flooring
    Hardwood
  • Cooling
    Central Air
  • Heating
    Baseboard, Electric
  • Basement
    None

  • View
    Water
  • Water
    Public


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Frequently Asked Questions

How do I schedule a tour of 161 E Chicago Ave #28 27 B?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 161 E Chicago Ave #28 27 B.

They know residentials in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 161 E Chicago Ave #28 27 B?

Click Ask a Question to talk with our team. You already know it is a 5 bed, 4 bath, listed for $2,800,000. We can talk through recent upgrades, potential seller motivation, how this condominium compares to others in Chicago, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for 161 E Chicago Ave #28 27 B?

With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 161 E Chicago Ave #28 27 B at around $18,240. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 161 E Chicago Ave #28 27 B?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Cook County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 161 E Chicago Ave #28 27 B?

In most cases, yes. Whether 161 E Chicago Ave #28 27 B is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Chicago's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 161 E Chicago Ave #28 27 B?

We can handle that for you. Our preferred local agent specializes in residentials in Chicago and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

What is the price per square foot for this home?

This home is listed at $2,800,000 with 4,476 sqft of space—that comes out to approximately $626 per square foot.

How long has this property been on the market?

161 E Chicago Ave #28 27 B was listed on November 03, 2026, which means it's been on the market for 7 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

When was this house built?

This home was built in 1985, making it approximately 41 years old.

What schools are assigned to this property?

Based on MLS info, this home is zoned for:

  • Elementary: Ogden Elementary
  • Middle: Ogden Elementary
  • High: Wells Community Academy Senior H

Want to see how these schools compare? Check out our Cook County School Guide to see ratings, reviews, and more for the schools in the area.

What are the property taxes for 161 E Chicago Ave #28 27 B?

The most recent public record shows annual property taxes for 161 E Chicago Ave #28 27 B were approximately $27,666. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.

Is there an HOA fee for this property, and what does it cover?

This home has an HOA fee of $4,220 paid monthly.

This covers access to community features including: Fitness Center, Storage, Party Room, Spa/Hot Tub, Service Elevator(s), Indoor Pool.

Is 161 E Chicago Ave #28 27 B still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

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Listing information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. Copyright 2026, Midwest Real Estate Data (MRED). All rights reserved.

Last Updated: November 10, 2026 at 06:34PM | Source: Midwest Real Estate Data (MRED) | MLS#: 12790787