118 E ERIE Street # 16B
Chicago, IL, 60611 $ 1,050,000
Bedrooms2 Baths2.0 Sq 1,505 Monthly Estimate*
$ 6,630
for $1,050,000 with 2 bedrooms and 2 full baths. This 1,505 square foot condo was built in 2014.
Wake up above Michigan Avenue, where the energy of Chicago's iconic Magnificent Mile unfolds outside your windows and every detail of home has been thoughtfully considered within. This exceptional 2 bedroom, 2 bath residence at The Ritz-Carlton Residences is a sophisticated retreat for those who appreciate quality, impeccable service, and a life that feels effortlessly elevated. Equally suited as a full time residence or elegant in town property, this home has been professionally designed with an exceptional eye for detail. Loads of after market upgrades include rich wall coverings, custom built-ins, draperies and shades, and pristine hardwood floors, creating a sense of understated luxury throughout. The primary suite is a private sanctuary, complete with a lovely appointed bath featuring a custom built in vanity. The generous king sized guest suite is a comfortable and private space for overnight guests. Breathtaking views with morning sunrises overlooking Michigan Avenue and the city offering an ever changing backdrop that is quintessentially Chicago. Beyond the residence, The Ritz-Carlton experience is defined by service that anticipates your needs. The concierge is at your disposal to arrange restaurant reservations, travel, transportation, dry cleaning and the countless details that make daily life easier. Need groceries put away? Consider it handled. Want a cocktail delivered to your door? Your butler is ready. The goal is simple: to make life feel effortless. The private amenities are equally exceptional and are included in the monthly assessment. Enjoy a made to order bowl of popcorn in the building's private theater, maintain your routine in a fitness center designed to accommodate personal training, or retreat to the steam facilities and relaxation room for a private massage. Valet service adds another layer of convenience, from washing your car to putting air in your tires. At The Ritz-Carlton Residences, luxury is not simply about beautiful surroundings. It is about having the freedom to enjoy them. It is knowing that the details are being handled, the service is personal, and your time is your own. You deserve to live beautifully.
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FeaturesGeneralLiving Area 1505
Sewer Public Sewer
Heating Natural Gas Forced Air Steam
Cooling Central Air
Possession Closing
Roof Asphalt
Appliances Range Microwave Dishwasher Refrigerator Washer Dryer Disposal
HOA Fee 2363
Garage Spaces 1
Association Fee Includes Heat Air Conditioning Water Insurance Security Doorman TV/Cable Exercise Facilities Exterior Maintenance Scavenger Snow Removal Other Internet
Construction Materials Concrete
Pets Allowed Cats OK Dogs OK
Year Built 2014
Electric Circuit Breakers
Township North Chicago
Unit Number 16B
Tax Year 2024
Ownership Condo
Assoc Fee Paid Per Monthly
County Cook
New Construction N
Property Type Residential Attached Single
Association Amenities Bike Room/Bike Trails Door Person Elevator in Residence Exercise Room Storage On Site Manager/Engineer Party Room Receiving Room Service Elevator(s) Steam Room Valet/Cleaner
Total Rooms 6
Full Baths 2
Status New
Directions Corner of North Michigan Avenue and Erie
City Chicago
High School District 299
MLS Area CHI - Near North Side
Tax Annual Amount 15669
Additional Parcels Y/N N
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
Sub Type Condo
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InteriorInterior Amenities Storage Walk-In Closet(s)
Basement None
Flooring Hardwood
Total Fireplaces 0
Total Stories 40
Half Baths 0
Laundry Features Washer Hookup
Total Bedrooms 2
Room Type Den
Total Baths 2
Bedrooms Possible 2
Bathroom Separate Shower Soaking Tub
Total Number of Units 86
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ExteriorExterior Amenities Balcony
Parking Features Heated Garage Yes Garage Owned Attached Garage
Lot Features Corner Lot
Water Source Lake Michigan Public
Total Parking 1
Foundation Details Concrete Perimeter
Lot Dimensions COMMON
Waterfront Y/N N
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* Excluded FeaturesList ByJameson Sotheby's Intl RealtyBroker
kbloom@jamesonsir.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $6,630
- Monthly Property Taxes
- $1,306
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% 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 $628,043
Percent of Sale Price 40%
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.
566059 Elementary School
566846 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 8/11/2026 | $1,050,000 | | Listed Price |