180 E Pearson Street # 5201
Chicago, IL, 60611 $ 1,995,000
Bedrooms3 Baths3.0 Sq 2,754 Monthly Estimate*
$ 12,446
for $1,995,000 with 3 bedrooms and 3 full baths. This 2,754 square foot condo was built in 1975.
Don't miss this impeccably reimagined residence, gutted to concrete slabs and converted to an architect-redesigned floorplan with increased usable area, optimized flow, and maximized lake, year-round sunset and "carpet of lights" city views from every room, capped off with premium finishes selected by a Five-Diamond Four Seasons Hotels designer. This is a true three-bedroom, three-bathroom residence, replete with storage space & each bedroom offering a private en-suite full bath adorned in marble, enhanced by computer-controlled radiant heated flooring and computerized Toto washlets for elevated comfort for you and your guests. The original ceiling-based heating system has been removed from all rooms and replaced with state-of-the-art Runtal radiant heaters. The expansive master suite features dual walk-in closets and a lavish, spa-inspired bath featuring a deep soaking chromatherapy jetted tub, oversized rain shower with integrated, lighted fogless mirror, Bowers & Wilkins speaker system, heated towel bar and floor-to-ceiling marble finishes for a truly indulgent retreat. The chef's kitchen is a functional culinary showpiece, outfitted with top-of-the-line Miele appliances, including an induction cooktop, combi-steam oven, warming drawer, dual dishwashers, downdraft system, and 48" Sub-Zero refrigerator. Custom built cabinetry is complemented by a spacious walk-in pantry with generous storage. Both the kitchen and laundry room feature sleek quartz countertops for effortless maintenance. The laundry area features Electrolux appliances, includes generous storage, and the exceptionally rare convenience of an in-unit trash chute. Enjoy an open-concept layout enhanced by thoughtfully placed pocket doors providing flexible separation without compromising space or flow. Computer-controlled motorized shades & sheers, capable of synchronizing with sunrise and sunsets, rare 9-foot ceilings in a building with such an ultra-prime location, and wide-plank 6-inch white oak flooring underscore the residence's elevated, design-forward aesthetic. This residence is outfitted with Cat 6 wiring throughout for maximum network reliability & speed, hospital-grade electrical outlets and leading-edge Insteon home automation systems. Indulge in resort-style living with direct access to the on-site Ritz Carlton Club fitness center, pool and spa, with in-unit room service available at the touch of a button for those times when you don't feel like cooking or going out at all. An on-site, heated private garage, completely separate from public parking areas, with self and valet parking options (EV charging options available), make winters melt away. Pets are welcome in this building, with the added perk of a dog park located 1 block away. Last but not least, due to the very strong association reserve, The Residences at Water Tower enjoys impressively low assessments for a property of this caliber. Also available turnkey furnished.
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FeaturesGeneralLiving Area 2754
Sewer Public Sewer
Heating Electric Forced Air Radiant Floor
Cooling Central Air
Possession Closing
Appliances Double Oven Microwave Dishwasher High End Refrigerator Freezer Washer Dryer Disposal Wine Refrigerator Cooktop Oven Down Draft Electric Cooktop Electric Oven
HOA Fee 2041
Garage Spaces 2
Association Fee Includes Air Conditioning Water Insurance Doorman TV/Cable Exterior Maintenance Snow Removal Internet
Construction Materials Marble/Granite
Pets Allowed Cats OK Dogs OK
Year Built 1975
Electric Circuit Breakers
Township North Chicago
Unit Number 5201
Tax Year 2023
Ownership Condo
Community Features Park
Assoc Fee Paid Per Monthly
County Cook
New Construction N
Property Type Residential Attached Single
Association Amenities Bike Room/Bike Trails Door Person Elevator(s) Storage Health Club On Site Manager/Engineer Park Indoor Pool Receiving Room Restaurant Service Elevator(s) Valet/Cleaner
Total Rooms 7
Full Baths 3
Status Pending
Directions Michigan Ave to Pearson St Head East on Pearson.
City Chicago
High School District 299
MLS Area CHI - Near North Side
Elementary School Ogden Elementary
Tax Annual Amount 29746
Middle/Junior High School Ogden Elementary
Additional Parcels Y/N N
Standard Status Pending
Middle/Junior School District 299
Elementary School District 299
Sub Type Condo
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InteriorInterior Amenities Storage Walk-In Closet(s) Bookcases High Ceilings Special Millwork Doorman Lobby Pantry
Basement None
Flooring Hardwood Carpet
Total Stories 73
Half Baths 0
Laundry Features Main Level Washer Hookup Electric Dryer Hookup In Unit
Total Bedrooms 3
Room Type Foyer Walk In Closet Storage Pantry Eating Area
Total Baths 3
Bedrooms Possible 3
Bathroom Whirlpool Separate Shower Double Sink Bidet Soaking Tub
Total Number of Units 260
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ExteriorParking Features Concrete Heated Garage Yes Attached Garage
Water Source Lake Michigan Public
Total Parking 2
Lot Dimensions COMMON
Waterfront Y/N N
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* Excluded FeaturesAffordability Calculator
- Monthly Principal & Interest
- $12,446
- Monthly Property Taxes
- $2,479
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCondo listings in Chicago, IL
Average List Price $614,996
Percent of Sale Price 69%
About Chicago, IL 2,755,380 Population
-4% Since 2002
$ 53,088 Median Income
36.07 Median Age
25% Households with Children
Trends Information provided by ATTOM Data Solutions.
2641063 Elementary School
2641063 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 9/26/2025 | $1,995,000 | -11.33% | Price Down |
| 9/10/2025 | $2,250,000 | -4.26% | Price Down |
| 7/18/2025 | $2,350,000 | | Listed Price |