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  5. 161 E Chicago Ave
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161 E Chicago Ave

161 E Chicago Ave, Chicago, IL, 60611

YEAR BUILT

1986

# STORIES

69

# TOTAL UNITS

167

UNIT SIZE RANGE

640-6,770 sqft

Description

Olympia Centre, located at 161 E Chicago Ave, sits in the heart of the Magnificent Mile neighborhood. This high-rise building has 69 stories and contains 166 condominium units. Built in 1986, the building shapes the skyline with its sleek design. The site showcases panoramic views of Lake Michigan and the vibrant Chicago skyline. Unit sizes in Olympia Centre range from 640 to 6,770 square feet. Buyers can find 1, 2, 3, or 4-bedroom units. Prices for these condos range from $2,839,000 to $4,100,000. The average closed price over the past year stands at $796,786, with a price per square foot of $413. The lowest sold price in the last 12 months was about $330,000. This building offers a variety of amenities to enhance daily living. Residents enjoy 24-hour building staff and concierge service. Features include a private indoor pool, fitness center, spa, and multiple lounge areas. Outdoor spaces like a sun deck and park provide leisure options. Each unit boasts floor-to-ceiling windows, high ceilings, and large balconies. Nearby, McDougal Family Foundation serves as a public school option. For dining, places like Gino's East Pizza or VPC Pizza Management LLC offer local favorites. The area includes easy access to high-end retail, museums, and parks, which enrich the neighborhood experience. With an average days on the market of 139, buyers often consider this building for its prime location and upscale offerings. The proximity to Lake Michigan and the scenic views make Olympia Centre a desirable place to call home. This building combines urban living with stunning vistas, making it a unique choice for anyone looking to invest in Chicago real estate.

Building ImageMLS ID #12572621
Building ImageMLS ID #12572621
Building Image
Building ImageView Listing

161 E Chicago Ave

161 E Chicago Ave, Chicago, IL, 60611

YEAR BUILT

1986

# STORIES

69

# TOTAL UNITS

167

UNIT SIZE RANGE

640-6,770 sqft

Description

Olympia Centre, located at 161 E Chicago Ave, sits in the heart of the Magnificent Mile neighborhood. This high-rise building has 69 stories and contains 166 condominium units. Built in 1986, the building shapes the skyline with its sleek design. The site showcases panoramic views of Lake Michigan and the vibrant Chicago skyline. Unit sizes in Olympia Centre range from 640 to 6,770 square feet. Buyers can find 1, 2, 3, or 4-bedroom units. Prices for these condos range from $2,839,000 to $4,100,000. The average closed price over the past year stands at $796,786, with a price per square foot of $413. The lowest sold price in the last 12 months was about $330,000. This building offers a variety of amenities to enhance daily living. Residents enjoy 24-hour building staff and concierge service. Features include a private indoor pool, fitness center, spa, and multiple lounge areas. Outdoor spaces like a sun deck and park provide leisure options. Each unit boasts floor-to-ceiling windows, high ceilings, and large balconies. Nearby, McDougal Family Foundation serves as a public school option. For dining, places like Gino's East Pizza or VPC Pizza Management LLC offer local favorites. The area includes easy access to high-end retail, museums, and parks, which enrich the neighborhood experience. With an average days on the market of 139, buyers often consider this building for its prime location and upscale offerings. The proximity to Lake Michigan and the scenic views make Olympia Centre a desirable place to call home. This building combines urban living with stunning vistas, making it a unique choice for anyone looking to invest in Chicago real estate.

Next

Description

Olympia Centre, located at 161 E Chicago Ave, sits in the heart of the Magnificent Mile neighborhood. This high-rise building has 69 stories and contains 166 condominium units. Built in 1986, the building shapes the skyline with its sleek design. The site showcases panoramic views of Lake Michigan and the vibrant Chicago skyline. Unit sizes in Olympia Centre range from 640 to 6,770 square feet. Buyers can find 1, 2, 3, or 4-bedroom units. Prices for these condos range from $2,839,000 to $4,100,000. The average closed price over the past year stands at $796,786, with a price per square foot of $413. The lowest sold price in the last 12 months was about $330,000. This building offers a variety of amenities to enhance daily living. Residents enjoy 24-hour building staff and concierge service. Features include a private indoor pool, fitness center, spa, and multiple lounge areas. Outdoor spaces like a sun deck and park provide leisure options. Each unit boasts floor-to-ceiling windows, high ceilings, and large balconies. Nearby, McDougal Family Foundation serves as a public school option. For dining, places like Gino's East Pizza or VPC Pizza Management LLC offer local favorites. The area includes easy access to high-end retail, museums, and parks, which enrich the neighborhood experience. With an average days on the market of 139, buyers often consider this building for its prime location and upscale offerings. The proximity to Lake Michigan and the scenic views make Olympia Centre a desirable place to call home. This building combines urban living with stunning vistas, making it a unique choice for anyone looking to invest in Chicago real estate.

161 E Chicago Ave Key Stats Last 12 months

Avg. Listed Price$915,447($440/Sqft.)

Avg. Sale Price$879,424($423/Sqft.)
Year over year list priceUp Arrow10.94%

Year over year sale priceUp Arrow 13.41%
Total Listings20 Listed

Total sold26 Sold
Average Days on Market137 days

Average HOA fees per sqft$2 /monthly
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Key Stats

Year over year list priceUp Arrow10.94%

Year over year sale priceUp Arrow13.41%
Total Listings20 Listed

Total sold26 Sold
Average Days on Market137 days

Average HOA fees per sqft$2 /monthly

Glen Gardens Estate Availability & Demand

Unit Availability

High
High availability buildings list units frequently.

Unit Availability helps to understand how often units in a particular building are listed for sale as compared with the neighborhood average. Units are rarely listed in buildings with low availability.

Unit Demand

Medium
Units in high-demand buildings sell quicker.

Unit Demand is a measure of quickly units in a particular building sell as compared with other buildings in the neighborhood. Units in high-demand buildings sell more quickly.

For Sale 0 For Sale

161 E Chicago Ave Inventory & Sale History

UnitSize (sqft)BedsBathsDays On MarketDateStatusPrice
Unit 60M1-N260M1-N2538234892026-02-09
MLS#: 12505097
Closed$2,700,000
Unit 58J4K158J4K14500341722018-12-03
MLS#: 09984853
Closed$2,839,000
Unit 62R162R16770343962008-02-08
MLS#: 06374518
Closed$4,100,000
Unit 58J4K1
58J4K1

3 Beds

4 Baths

4500 sqft


DateStatusPrice
2018-12-03Closed$2,839,000
MLS#: 09984853
Days On Market172
Unit 60M1-N2
60M1-N2

3 Beds

4 Baths

5382 sqft


DateStatusPrice
2026-02-09Closed$2,700,000
MLS#: 12505097
Days On Market89
Unit 62R1
62R1

3 Beds

4 Baths

6770 sqft


DateStatusPrice
2008-02-08Closed$4,100,000
MLS#: 06374518
Days On Market396
View Complete Unit Listing HistorySource By: MRED

Amenities

Living at 161 E Chicago Ave isn’t just about having a roof over your head; it’s about embracing a lifestyle filled with conveniences! Imagine basking in the luxury of a private indoor pool or unwinding in the sauna after a long day. The building features a health club for those fitness enthusiasts, alongside a spa and hot tub for perfect relaxation. You’ll also find a party room ideal for social gatherings and a bike room for those who love to cycle through the city. Additional amenities such as valet service, laundry facilities, and on-site dining make life here not only easy but also enjoyable.

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Amenities Description

Living at 161 E Chicago Ave isn’t just about having a roof over your head; it’s about embracing a lifestyle filled with conveniences! Imagine basking in the luxury of a private indoor pool or unwinding in the sauna after a long day. The building features a health club for those fitness enthusiasts, alongside a spa and hot tub for perfect relaxation. You’ll also find a party room ideal for social gatherings and a bike room for those who love to cycle through the city. Additional amenities such as valet service, laundry facilities, and on-site dining make life here not only easy but also enjoyable.

Parking
Parking
Locker
Locker
Concierge
Concierge
Elevator(s)
Elevator(s)
Check Icon
Central AC
Central AC
Pool
Pool
Fitness Center
Fitness Center
Check Icon
Visitors Parking
Visitors Parking
Next

Amenities

Elevator(s)

Elevator(s)

Exercise Room

Exercise Room

Health Club

Health Club

Private Indoor Pool

Private Indoor Pool

Indoor Pool

Indoor Pool

Door Person

Door Person

Security

Security

Security Door Lock(s)

Security Door Lock(s)

Laundry

Laundry

Coin Laundry

Coin Laundry

Private Laundry Hkup

Private Laundry Hkup

Sundeck

Sundeck

Patio

Patio

Receiving Room

Receiving Room

Spa/Hot Tub

Spa/Hot Tub

Steam Room

Steam Room

Sauna

Sauna

Bike Room/Bike Trails

Bike Room/Bike Trails

Party Room

Party Room

Restaurant

Restaurant

Storage

Storage

Service Elevator(s)

Service Elevator(s)

Valet

Valet

Policies

If you’re a pet owner or thinking about becoming one, you’ll be pleased to learn that this building allows cats and dogs, with certain policies in place. Additional pet rent is applicable, and size limits may apply, so it's best to check on those specifics as you're planning your move. Understanding the building's policies can help you feel more settled, knowing that you can enjoy life with your furry companions by your side.

Next

Amenities Description

If you’re a pet owner or thinking about becoming one, you’ll be pleased to learn that this building allows cats and dogs, with certain policies in place. Additional pet rent is applicable, and size limits may apply, so it's best to check on those specifics as you're planning your move. Understanding the building's policies can help you feel more settled, knowing that you can enjoy life with your furry companions by your side.

Pet Allowed
Check
Pet Allowed
BBQ Permitted
BBQ Permitted
Sublet Allowed
Sublet Allowed
Short-term Rental Allowed
Short-term Rental Allowed

Compare with Buildings in the Neighbourhood (Last 12 Months)

Compare building's average price/sq. ft. and HOA fees/sq. ft. to buildings nearby

Building NameAvg price per square footAVG HOA FEE per square foot (Monthly)
161 E Chicago Ave$423/sqft.$2 /sqft.
161 E Chicago Ave$407/sqft.$2 /sqft.
Olympia Centre$411/sqft.$2 /sqft.
777 North Michigan$295/sqft.$2 /sqft.
777 N Michigan Ave$284/sqft.$2 /sqft.
180 E Pearson St$618/sqft.$2 /sqft.

Nearby Schools

161 E Chicago Ave is located in a school-accessible area of Streeterville, Chicago. Nearby schools within a 2-mile radius simplify daily schedules. Families benefit from convenient education access. This location promotes a balanced and family-friendly lifestyle.

Ogden Elementary School

D+
Public|Grades KG–8
24 W Walton St|0.39 miles away

Salazar Elementary Bilingual Center

C-
Public|Grades PK–8
160 W Wendell St|0.65 miles away

Cornerstone Academy

--
Private|Grades 9–12
1111 N Wells St St...|0.7 miles away

Payton College Preparatory High School

A+
Public|Grades 9–12
1034 N Wells St|0.71 miles away

Gems World Academy Chicago

--
Private|Grades PK–11
350 E South Water ...|0.75 miles away

Immaculate Conception School

--
Private|Grades PK–8
363 W Hill St|0.85 miles away
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Schools

arrow rightWhat to know about schoolsarrow right
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Description

161 E Chicago Ave is located in a school-accessible area of Streeterville, Chicago. Nearby schools within a 2-mile radius simplify daily schedules. Families benefit from convenient education access. This location promotes a balanced and family-friendly lifestyle.

Ogden Elementary School

D+
Public|Grades KG–8
24 W Walton St|Less than 1 Mile Away

Salazar Elementary Bilingual Center

C-
Public|Grades PK–8
160 W Wendell St|Less than 1 Mile Away

Cornerstone Academy

--
Private|Grades 9–12
1111 N Wells St St...|Less than 1 Mile Away

Payton College Preparatory High School

A+
Public|Grades 9–12
1034 N Wells St|Less than 1 Mile Away

Gems World Academy Chicago

--
Private|Grades PK–11
350 E South Water ...|Less than 1 Mile Away

Immaculate Conception School

--
Private|Grades PK–8
363 W Hill St|Less than 1 Mile Away

Franklin Elementary Fine Arts Center

C
Public|Grades KG–8
225 W Evergreen Av...|Less than 1 Mile Away

Yccs-Innovations of Arts Integr High School

--
Public|Grades 9–12
17 N State St|Less than 1 Mile Away

Catherine Cook School

--
Private|Grades PK–8
226 W Schiller St|1.01 Miles Away

Latin School of Chicago Lower

--
Private|Grades PK–12
1531 N Dearborn Pk...|1.01 Miles Away

Noble St Charter-Muchin College Preparatory

A+
Public|Grades 9–12
1 N State St|1.01 Miles Away

Lincoln Park Preschool and Kindergarten

--
Private|Grades PK–KG
108 W Germania Pl|1.06 Miles Away

Manierre Elementary School

F
Public|Grades PK–8
1420 N Hudson Ave|1.17 Miles Away

Intrinsic 2 Charter High School

--
Public|Grades 9–12
79 W Monroe St Ste...|1.18 Miles Away

Skinner North Elementary School

A
Public|Grades KG–8
640 W Scott St|1.25 Miles Away

Jenner Elementary Academy of the Arts

--
Public|Grades PK–8
|1.34 Miles Away

Skinner Elementary School

A
Public|Grades PK–5
111 S Throop St|1.35 Miles Away

Cics - Quest North Campus

F
Public|Grades 9–12
1443 N Ogden Ave|1.36 Miles Away

Noble St Charter-the Noble Academy

A
Public|Grades 9–12
1443 N Ogden Ave|1.37 Miles Away

Lasalle Elementary Language Academy

B+
Public|Grades KG–8
1734 N Orleans St|1.40 Miles Away

Urban Preparatory West Charter School

--
Public|Grades 9–12
425 S Wabash Ave|1.41 Miles Away

Fusion Academy Lp: Chicago- Lincoln Park

--
Private|Grades 6–12
1440 N Dayton St S...|1.57 Miles Away

Frances Xavier Warde School

--
Private|Grades PK–8
120 S Desplaines S...|1.59 Miles Away

Gce Lab School

--
Private|Grades 9–12
1535 N Dayton St|1.59 Miles Away

Jones College Preparatory High School

A
Public|Grades 9–12
700 S State St|1.62 Miles Away

Newberry Elementary Math & Science Academy

B-
Public|Grades PK–8
700 W Willow St|1.69 Miles Away

South Loop Montessori School

--
Private|Grades PK–3
47 W Polk St Ste G...|1.75 Miles Away

Ogden Intermediate High School

A
Public|Grades 9–12
1250 W Erie St|1.83 Miles Away

Lincoln Park High School

B+
Public|Grades 9–12
2001 N Orchard St|1.94 Miles Away

Noble St Charter Rauner College Preparatory

A
Public|Grades 9–12
1337 W Ohio St|1.99 Miles Away

Transit

161 E Chicago Ave offers strong public transit access in Streeterville, Chicago, with multiple transportation options located within a 2-mile radius. Nearby Bus, Metro, Rail allow residents to move efficiently across the city without relying on a car. This transit-oriented location supports daily commuting, errands, and weekend travel. Excellent connectivity adds convenience and long-term livability to the neighborhood.

1100 S Columbus (Pedestrian Underpass)

1.89 miles away|37 min walk

1700 N Halsted

1.67 miles away|32 min walk

1900 N Halsted

1.86 miles away|36 min walk

300 W Division

0.85 miles away|17 min walk

311 W Division

0.82 miles away|16 min walk

320 N LaSalle

0.75 miles away|15 min walk
Next

Transit

arrow rightWhat to know about transitarrow right
Next

Description

161 E Chicago Ave offers strong public transit access in Streeterville, Chicago, with multiple transportation options located within a 2-mile radius. Nearby Bus, Metro, Rail allow residents to move efficiently across the city without relying on a car. This transit-oriented location supports daily commuting, errands, and weekend travel. Excellent connectivity adds convenience and long-term livability to the neighborhood.

1100 S Columbus (Pedestrian Underpass)

1.89 miles away|37 min walk

1700 N Halsted

1.67 miles away|32 min walk

1900 N Halsted

1.86 miles away|36 min walk

300 W Division

0.85 miles away|17 min walk

311 W Division

0.82 miles away|16 min walk

320 N LaSalle

0.75 miles away|15 min walk

321 N LaSalle

0.74 miles away|15 min walk

333 S Franklin Street (Chicago)

1.49 miles away|29 min walk

350 S. Clark Street (Chicago)

1.39 miles away|27 min walk

530 W Grand

1.08 miles away|21 min walk

700 W Chicago

1.19 miles away|23 min walk

Adams & Canal

1.46 miles away|28 min walk

Adams & Clark

1.26 miles away|25 min walk

Adams & State

1.21 miles away|24 min walk

Adams & S. Wacker

1.38 miles away|27 min walk

Adams & Wabash

1.19 miles away|23 min walk

Adams/Wabash

1.2 miles away|23 min walk

Adams & Wells

1.32 miles away|26 min walk

AM Michigan & Randolph (Chicago)

0.84 miles away|17 min walk

Armitage & Clark

1.64 miles away|32 min walk

Armitage & Cleveland

1.75 miles away|34 min walk

Armitage & Halsted

1.97 miles away|38 min walk

Armitage & Larrabee

1.82 miles away|35 min walk

Armitage & Lincoln/Sedgwick

1.7 miles away|33 min walk

Armitage & Orchard

1.9 miles away|37 min walk

Balbo & Columbus

1.62 miles away|32 min walk

Balbo & Michigan

1.62 miles away|32 min walk

Balbo & State

1.64 miles away|32 min walk

Canal & Madison

1.32 miles away|26 min walk

Canal & Randolph

1.21 miles away|24 min walk

Canal & Randolph/Washington

1.25 miles away|24 min walk

Chestnut & Lake Shore Drive

0.27 miles away|6 min walk

Chestnut & Mies Van Der Rohe

0.12 miles away|3 min walk

Chicago (Blue)

1.65 miles away|32 min walk

Chicago-Blue

1.65 miles away|32 min walk

Chicago-Brown

0.66 miles away|13 min walk

Chicago (Brown/Purple)

0.66 miles away|13 min walk

Chicago & Clark

0.4 miles away|8 min walk

Chicago & Elizabeth

1.88 miles away|36 min walk

Chicago & Fairbanks

0.14 miles away|3 min walk

Chicago & Franklin (Brown line)

0.64 miles away|13 min walk

Chicago & Halsted

1.24 miles away|24 min walk

Chicago & Hudson

0.86 miles away|17 min walk

Chicago & Larrabee

1 miles away|20 min walk

Chicago & LaSalle

0.5 miles away|10 min walk

Chicago & Michigan

0.07 miles away|2 min walk

Chicago & Mies Van Der Rohe

0.06 miles away|2 min walk

Chicago & Milwaukee (Blue Line)

1.65 miles away|32 min walk

Chicago OTC

1.34 miles away|26 min walk

Chicago & Racine

1.77 miles away|34 min walk

The Neighbourhood: Streeterville

Streeterville sits on the Near North Side of Chicago near Lake Michigan. Navy Pier hosts the Centennial Wheel and a small amusement area. Chicago Children's Museum sits at Navy Pier and draws many families. Oak Street Beach offers sand, views, and lake access. Millennium Park displays public art like Cloud Gate and offers green space. The Chicago Riverwalk provides walking paths and boat access. Restaurants like Giordano's and Eataly serve pizza and Italian food to locals and visitors. Joe's Seafood and RPM Seafood serve seafood. Bars such as Howl at the Moon and the Signature Room at the 95th offer nightlife and city views. CTA Red Line trains and CTA buses move riders through the area. The Chicago Water Taxi connects Navy Pier to stops along the river. Metra trains provide commuter service to downtown stations. Small shops and offices fill many blocks and provide daily needs. Parks and paths attract joggers, tourists, and workers in warm months. This district shows a mix of high-rise apartments, hotels, and tourist venues. Data shows that the most common age group falls between 25 to 29 years old and that one-person households make up the largest share of residents.

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Neighbourhood Description

Streeterville sits on the Near North Side of Chicago near Lake Michigan. Navy Pier hosts the Centennial Wheel and a small amusement area. Chicago Children's Museum sits at Navy Pier and draws many families. Oak Street Beach offers sand, views, and lake access. Millennium Park displays public art like Cloud Gate and offers green space. The Chicago Riverwalk provides walking paths and boat access. Restaurants like Giordano's and Eataly serve pizza and Italian food to locals and visitors. Joe's Seafood and RPM Seafood serve seafood. Bars such as Howl at the Moon and the Signature Room at the 95th offer nightlife and city views. CTA Red Line trains and CTA buses move riders through the area. The Chicago Water Taxi connects Navy Pier to stops along the river. Metra trains provide commuter service to downtown stations. Small shops and offices fill many blocks and provide daily needs. Parks and paths attract joggers, tourists, and workers in warm months. This district shows a mix of high-rise apartments, hotels, and tourist venues. Data shows that the most common age group falls between 25 to 29 years old and that one-person households make up the largest share of residents.

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161 E Chicago Ave Demographics

This neighborhood indicates a good mix of people which makes it a good place for families. About 4.94% are children aged 0–14, 33.73% are young adults between 15–29, 25.79% are adults aged 30–44, 14.51% are in the 45–59 range and 21.03% are seniors aged 60 and above. Commuting options are also varying where 30.16% of residents relying on walking, while others prefer public transit around 21.84%, driving around 21.58%, biking around 1.84%, allowing residents to choose travel modes that best fit their daily routines. Most homes in the area are with 62.54% of units are rented and 37.46% are owner occupied. The neighborhood offers different household types. About 6.37% are single family homes and 0.46% are multi family units. Around 59.1% are single-person households, while 40.9% are multi person households. This mix works well for families, roommates, and individuals. Education levels in the neighborhood vary widely where 43.24% of residents have bachelor’s degrees. Around 4.18% have high school or college education. Another 2.03% hold diplomas while 42.15% have completed postgraduate studies. The remaining are 8.39% with other types of qualifications.

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Demographics Description

This neighborhood indicates a good mix of people which makes it a good place for families. About 4.94% are children aged 0–14, 33.73% are young adults between 15–29, 25.79% are adults aged 30–44, 14.51% are in the 45–59 range and 21.03% are seniors aged 60 and above. Commuting options are also varying where 30.16% of residents relying on walking, while others prefer public transit around 21.84%, driving around 21.58%, biking around 1.84%, allowing residents to choose travel modes that best fit their daily routines. Most homes in the area are with 62.54% of units are rented and 37.46% are owner occupied. The neighborhood offers different household types. About 6.37% are single family homes and 0.46% are multi family units. Around 59.1% are single-person households, while 40.9% are multi person households. This mix works well for families, roommates, and individuals. Education levels in the neighborhood vary widely where 43.24% of residents have bachelor’s degrees. Around 4.18% have high school or college education. Another 2.03% hold diplomas while 42.15% have completed postgraduate studies. The remaining are 8.39% with other types of qualifications.

Age Demographics

0–14 Years

4.94%

15–29 Years

33.73%

30–44 Years

25.79%

45–59 Years

14.51%

60+ Years

21.03%

Commute

21.84%

Transit

30.16%

Walk

21.58%

Drive

1.84%

Bike

Housing Ownership

37.46%

Owner Occupied

62.54%

Rental Units

Household Types

Single Family
6.37%
Multi Family
0.46%
Single Person
59.1%
Multi Person
40.9%

Average Income

Household:$11,776,784.11 /yr

Individual:$11,579,660.39 /yr

Education

Bachelors Degree43.24%
High School College4.18%
Diploma2.03%
Post Graduate42.15%
Others8.39%
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Education

Diploma2.03%
Post Graduate42.15%
Others8.39%
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  2. /Chicago, IL
  3. /
    161 E Chicago Ave
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Berkshire Hathaway Starck Real Estate

Paul Ambrogio

Serving Chicago and all of Northern IL

13300 IL RT 47

Huntley, Illinois 60142

PhoneICon847-668-3774
EmailIConpaul@illinoispropertysearch.com
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