111 E Chestnut Street # PH-AB
Chicago, IL, 60611 $ 2,450,000
Bedrooms3 Baths3.0 Sq 2,600 Monthly Estimate*
$ 15,085
for $2,450,000 with 3 bedrooms and 3 full baths. This 2,600 square foot condo was built in 1972.
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. 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 a prime second-floor parking space, along with the option to acquire an additional tandem space (for two cars). 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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FeaturesGeneralLiving Area 2600
Sewer Public Sewer
Heating Electric Radiant Floor
Cooling Wall Unit(s)
Possession Closing
Appliances Range Microwave Dishwasher Refrigerator High End Refrigerator Washer Dryer Disposal
HOA Fee 2341
Garage Spaces 1
Association Fee Includes Water Parking Insurance Doorman TV/Cable Clubhouse Exercise Facilities Exterior Maintenance Lawn Care Scavenger
Construction Materials Concrete
Pets Allowed Cats OK Dogs OK Number Limit Size Limit
Year Built 1972
Township North Chicago
Unit Number PH-AB
Tax Year 2024
Ownership Condo
Additional Parcels Description 17032250781437
Assoc Fee Paid Per Monthly
County Cook
New Construction N
Property Type Residential Attached Single
Association Amenities Bike Room/Bike Trails Door Person Coin Laundry Elevator(s) Exercise Room Storage On Site Manager/Engineer Party Room Sundeck Pool Receiving Room Sauna Service Elevator(s) Valet/Cleaner Business Cente
Total Rooms 7
Full Baths 3
Status New
Directions N Mich Ave to Chestnut one way west on Chestnut to 111 East Across from Ditka's
City Chicago
High School District 299
MLS Area CHI - Near North Side
Tax Annual Amount 21405.26
Additional Parcels Y/N Y
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
Sub Type Condo
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InteriorInterior Amenities Wet Bar Theatre Room Storage Built-in Features Walk-In Closet(s) High Ceilings Special Millwork
Basement None
Flooring Hardwood
Total Stories 57
Half Baths 0
Laundry Features Washer Hookup
Total Bedrooms 3
Room Type Foyer
Total Baths 3
Bedrooms Possible 3
Bathroom Whirlpool Separate Shower Steam Shower Double Sink Bidet Full Body Spray Shower Soaking Tub
Total Number of Units 444
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ExteriorParking Features Yes Deeded Attached Garage
Water Source Lake Michigan
Total Parking 1
Lot Dimensions COMMON
Waterfront Y/N N
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* Excluded FeaturesList ByColdwell Banker RealtyBroker
vilgert.kostaqi@cbrealty.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $15,085
- Monthly Property Taxes
- $1,784
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% 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 $630,333
Percent of Sale Price 74%
About Chicago, IL 2,755,380 Population
-4% Since 2002
$ 53,088 Median Income
36.07 Median Age
25% Households with Children
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566059 Elementary School
566846 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 3/24/2026 | $2,450,000 | | Listed Price |