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  5. 55 East Erie Condominiums
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55 East Erie Condominiums

55 E Erie Street, Chicago, IL, 60611

YEAR BUILT

2004

# STORIES

58

# TOTAL UNITS

257

UNIT SIZE RANGE

4,300-4,400 sqft

Description

The 55 East Erie Condominiums stand tall on the corner of Erie Street and State Street in Chicago. This high-rise was built in 2004 and consists of 58 stories with 257 units. The modern design includes a range of unit sizes from 4,300 to 4,400 square feet. Prices for these units vary, with recent sales falling between $4,100,000 and $4,250,000. The average price per square foot is about $531. Over the last year, the average closed price was around $1,232,929. It may take about 82 days for a unit to sell in this building. Several amenities enhance life at 55 East Erie. The building includes a private indoor pool, spa, workout room, and a sauna. Residents also enjoy a boat dock for those who love being near the water. A sundeck and party room provide added spaces for relaxation and gatherings. The area is bustling with options. E Leaven Food Company and Unos are popular dining spots nearby. For grocery shopping, Trader Joe's is just a short distance away. This easy access to dining and shopping options contributes to a lively neighborhood. With its impressive views and modern features, this building provides a unique urban living experience. The building's waterfront location near Lake Michigan promotes outdoor activities. Life here combines convenience, relaxation, and community in one vibrant setting.

Building ImageMLS ID #12310530
Building ImageMLS ID #12310530
Building ImageView Listing

55 East Erie Condominiums

55 E Erie Street, Chicago, IL, 60611

YEAR BUILT

2004

# STORIES

58

# TOTAL UNITS

257

UNIT SIZE RANGE

4,300-4,400 sqft

Description

The 55 East Erie Condominiums stand tall on the corner of Erie Street and State Street in Chicago. This high-rise was built in 2004 and consists of 58 stories with 257 units. The modern design includes a range of unit sizes from 4,300 to 4,400 square feet. Prices for these units vary, with recent sales falling between $4,100,000 and $4,250,000. The average price per square foot is about $531. Over the last year, the average closed price was around $1,232,929. It may take about 82 days for a unit to sell in this building. Several amenities enhance life at 55 East Erie. The building includes a private indoor pool, spa, workout room, and a sauna. Residents also enjoy a boat dock for those who love being near the water. A sundeck and party room provide added spaces for relaxation and gatherings. The area is bustling with options. E Leaven Food Company and Unos are popular dining spots nearby. For grocery shopping, Trader Joe's is just a short distance away. This easy access to dining and shopping options contributes to a lively neighborhood. With its impressive views and modern features, this building provides a unique urban living experience. The building's waterfront location near Lake Michigan promotes outdoor activities. Life here combines convenience, relaxation, and community in one vibrant setting.

Next

Description

The 55 East Erie Condominiums stand tall on the corner of Erie Street and State Street in Chicago. This high-rise was built in 2004 and consists of 58 stories with 257 units. The modern design includes a range of unit sizes from 4,300 to 4,400 square feet. Prices for these units vary, with recent sales falling between $4,100,000 and $4,250,000. The average price per square foot is about $531. Over the last year, the average closed price was around $1,232,929. It may take about 82 days for a unit to sell in this building. Several amenities enhance life at 55 East Erie. The building includes a private indoor pool, spa, workout room, and a sauna. Residents also enjoy a boat dock for those who love being near the water. A sundeck and party room provide added spaces for relaxation and gatherings. The area is bustling with options. E Leaven Food Company and Unos are popular dining spots nearby. For grocery shopping, Trader Joe's is just a short distance away. This easy access to dining and shopping options contributes to a lively neighborhood. With its impressive views and modern features, this building provides a unique urban living experience. The building's waterfront location near Lake Michigan promotes outdoor activities. Life here combines convenience, relaxation, and community in one vibrant setting.

55 East Erie Condominiums Key Stats Last 12 months

Avg. Listed Price$1,617,488($589/Sqft.)

Avg. Sale Price$1,232,929($531/Sqft.)
Year over year list priceUp Arrow39.64%

Year over year sale priceUp Arrow 21.65%
Total Listings8 Listed

Total sold7 Sold
Average Days on Market82 days

Average HOA fees per sqft$2 /monthly
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Key Stats

Year over year list priceUp Arrow39.64%

Year over year sale priceUp Arrow21.65%
Total Listings8 Listed

Total sold7 Sold
Average Days on Market82 days

Average HOA fees per sqft$2 /monthly

Glen Gardens Estate Availability & Demand

Unit Availability

Low
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

Low
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

55 East Erie Condominiums Inventory & Sale History

UnitSize (sqft)BedsBathsDays On MarketDateStatusPrice
Unit 54015401420034982014-08-05
MLS#: 08598822
Closed$4,250,000
Unit 510251024165341132008-10-10
MLS#: 06934027
Closed$4,100,000
Unit 510251024165341082007-09-19
MLS#: 06537324
Closed$3,825,000
Unit 5102
5102

3 Beds

4 Baths

4165 sqft


DateStatusPrice
2008-10-10Closed$4,100,000
MLS#: 06934027
Days On Market113
Unit 5102
5102

3 Beds

4 Baths

4165 sqft


DateStatusPrice
2007-09-19Closed$3,825,000
MLS#: 06537324
Days On Market108
Unit 5401
5401

3 Beds

4 Baths

4200 sqft


DateStatusPrice
2014-08-05Closed$4,250,000
MLS#: 08598822
Days On Market98
View Complete Unit Listing HistorySource By: MRED

Amenities

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

Water View

Water View

Elevator(s)

Elevator(s)

Exercise Room

Exercise Room

Health Club

Health Club

In Ground Pool

In Ground Pool

Private Indoor Pool

Private Indoor Pool

Indoor Pool

Indoor Pool

Door Person

Door Person

Security

Security

Security Door Lock(s)

Security Door Lock(s)

Coin Laundry

Coin Laundry

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

Storage

Storage

Service Elevator(s)

Service Elevator(s)

Balcony

Balcony

Policies

When investing in a condo, understanding the building's policies can make all the difference. At 55 East Erie, certain guidelines ensure a harmonious community. While there is a size limit and deposit required, both cats and dogs are welcome, allowing you to bring your furry friends along in your new abode. A number limit is enforced to maintain a serene living environment.

Next

Amenities Description

When investing in a condo, understanding the building's policies can make all the difference. At 55 East Erie, certain guidelines ensure a harmonious community. While there is a size limit and deposit required, both cats and dogs are welcome, allowing you to bring your furry friends along in your new abode. A number limit is enforced to maintain a serene living environment.

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)
55 East Erie Condominiums$531/sqft.$2 /sqft.
55 E Erie St$512/sqft.$2 /sqft.
The Pinnacle$525/sqft.$2 /sqft.
21 E Huron St$556/sqft.$2 /sqft.
30 E Huron St$399/sqft.$2 /sqft.
30 East Huron Private Residences$400/sqft.$2 /sqft.

Nearby Schools

55 East Erie Condominiums is located in a school-accessible area of River North, 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|0.46 miles away

Gems World Academy Chicago

--
Private|Grades PK–11
350 E South Water ...|0.65 miles away

Salazar Elementary Bilingual Center

C-
Public|Grades PK–8
160 W Wendell St|0.67 miles away

Payton College Preparatory High School

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

Cornerstone Academy

--
Private|Grades 9–12
1111 N Wells St St...|0.73 miles away

Yccs-Innovations of Arts Integr High School

--
Public|Grades 9–12
17 N State St|0.78 miles away
Next

Schools

arrow rightWhat to know about schoolsarrow right
Next

Description

55 East Erie Condominiums is located in a school-accessible area of River North, 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

Gems World Academy Chicago

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

Salazar Elementary Bilingual Center

C-
Public|Grades PK–8
160 W Wendell 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

Cornerstone Academy

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

Noble St Charter-Muchin College Preparatory

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

Immaculate Conception School

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

Intrinsic 2 Charter High School

--
Public|Grades 9–12
79 W Monroe St Ste...|Less than 1 Mile Away

Franklin Elementary Fine Arts Center

C
Public|Grades KG–8
225 W Evergreen Av...|1.01 Miles Away

Catherine Cook School

--
Private|Grades PK–8
226 W Schiller St|1.08 Miles Away

Latin School of Chicago Lower

--
Private|Grades PK–12
1531 N Dearborn Pk...|1.16 Miles Away

Lincoln Park Preschool and Kindergarten

--
Private|Grades PK–KG
108 W Germania Pl|1.19 Miles Away

Urban Preparatory West Charter School

--
Public|Grades 9–12
425 S Wabash Ave|1.21 Miles Away

Manierre Elementary School

F
Public|Grades PK–8
1420 N Hudson Ave|1.21 Miles Away

Skinner North Elementary School

A
Public|Grades KG–8
640 W Scott St|1.23 Miles Away

Jenner Elementary Academy of the Arts

--
Public|Grades PK–8
|1.29 Miles Away

Frances Xavier Warde School

--
Private|Grades PK–8
120 S Desplaines S...|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|1.35 Miles Away

Noble St Charter-the Noble Academy

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

Jones College Preparatory High School

A
Public|Grades 9–12
700 S State St|1.41 Miles Away

Lasalle Elementary Language Academy

B+
Public|Grades KG–8
1734 N Orleans St|1.50 Miles Away

South Loop Montessori School

--
Private|Grades PK–3
47 W Polk St Ste G...|1.54 Miles Away

Fusion Academy Lp: Chicago- Lincoln Park

--
Private|Grades 6–12
1440 N Dayton St S...|1.55 Miles Away

Gce Lab School

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

Ogden Intermediate High School

A
Public|Grades 9–12
1250 W Erie St|1.67 Miles Away

Newberry Elementary Math & Science Academy

B-
Public|Grades PK–8
700 W Willow St|1.74 Miles Away

Noble St Charter Rauner College Preparatory

A
Public|Grades 9–12
1337 W Ohio St|1.82 Miles Away

South Loop Elementary School

B
Public|Grades PK–8
1212 S Plymouth Ct|1.88 Miles Away

Intercultural Montessori Language School

--
Private|Grades PK–8
114 S Racine Ave|1.90 Miles Away

Montessori Academy of Chicago

--
Private|Grades PK–8
1335 W Randolph St|1.90 Miles Away

Noble St Charter-Noble Campus

A+
Public|Grades 9–12
1010 N Noble St|1.94 Miles Away

Noble St Charter-Golder College Preparatory

A
Public|Grades 9–12
1454 W Superior St|1.98 Miles Away

Transit

Located in a transit-friendly area of Chicago, 55 East Erie Condominiums provides easy access to nearby public transportation. Within a 2-mile radius, Bus, Metro support smooth and efficient travel. Reliable transit connectivity improves commuting experiences. This location promotes accessibility and urban convenience.

1100 S Columbus (Pedestrian Underpass)

1.72 miles away|33 min walk

1700 N Halsted

1.69 miles away|33 min walk

1900 N Halsted

1.91 miles away|37 min walk

300 W Division

0.88 miles away|17 min walk

311 W Division

0.85 miles away|17 min walk

320 N LaSalle

0.51 miles away|10 min walk
Next

Transit

arrow rightWhat to know about transitarrow right
Next

Description

Located in a transit-friendly area of Chicago, 55 East Erie Condominiums provides easy access to nearby public transportation. Within a 2-mile radius, Bus, Metro support smooth and efficient travel. Reliable transit connectivity improves commuting experiences. This location promotes accessibility and urban convenience.

1100 S Columbus (Pedestrian Underpass)

1.72 miles away|33 min walk

1700 N Halsted

1.69 miles away|33 min walk

1900 N Halsted

1.91 miles away|37 min walk

300 W Division

0.88 miles away|17 min walk

311 W Division

0.85 miles away|17 min walk

320 N LaSalle

0.51 miles away|10 min walk

321 N LaSalle

0.49 miles away|10 min walk

327 W Roosevelt

1.89 miles away|37 min walk

333 S Franklin Street (Chicago)

1.25 miles away|24 min walk

350 S. Clark Street (Chicago)

1.16 miles away|23 min walk

530 W Grand

0.88 miles away|17 min walk

700 W Chicago

1.05 miles away|21 min walk

900 W Harrison

1.8 miles away|35 min walk

Adams & Canal

1.22 miles away|24 min walk

Adams & Clark

1.03 miles away|20 min walk

Adams & State

1 miles away|20 min walk

Adams & S. Wacker

1.14 miles away|22 min walk

Adams & Wabash

0.99 miles away|19 min walk

Adams/Wabash

0.99 miles away|20 min walk

Adams & Wells

1.08 miles away|21 min walk

AM Michigan & Randolph (Chicago)

0.65 miles away|13 min walk

Armitage & Clark

1.77 miles away|34 min walk

Armitage & Cleveland

1.85 miles away|36 min walk

Armitage & Larrabee

1.91 miles away|37 min walk

Armitage & Lincoln/Sedgwick

1.81 miles away|35 min walk

Armitage & Orchard

1.97 miles away|38 min walk

Balbo & Columbus

1.45 miles away|28 min walk

Balbo & Michigan

1.43 miles away|28 min walk

Balbo & State

1.43 miles away|28 min walk

Canal & Madison

1.07 miles away|21 min walk

Canal & Randolph

0.96 miles away|19 min walk

Canal & Randolph/Washington

1.01 miles away|20 min walk

Chestnut & Lake Shore Drive

0.51 miles away|10 min walk

Chestnut & Mies Van Der Rohe

0.36 miles away|7 min walk

Chicago & Bishop

1.97 miles away|38 min walk

Chicago (Blue)

1.51 miles away|29 min walk

Chicago-Blue

1.51 miles away|29 min walk

Chicago-Brown

0.54 miles away|11 min walk

Chicago (Brown/Purple)

0.54 miles away|11 min walk

Chicago & Clark

0.31 miles away|6 min walk

Chicago & Elizabeth

1.73 miles away|34 min walk

Chicago & Fairbanks

0.35 miles away|7 min walk

Chicago & Franklin (Brown line)

0.52 miles away|11 min walk

Chicago & Greenview

2 miles away|39 min walk

Chicago & Halsted

1.1 miles away|22 min walk

Chicago & Hudson

0.73 miles away|14 min walk

Chicago & Larrabee

0.87 miles away|17 min walk

Chicago & LaSalle

0.4 miles away|8 min walk

Chicago & Michigan

0.21 miles away|4 min walk

Chicago & Mies Van Der Rohe

0.29 miles away|6 min walk

The Neighbourhood: River North

River North sits near the north branch of the Chicago River and the Loop. Navy Pier draws visitors with rides, the Centennial Wheel, and seasonal fairs. Chicago Riverwalk offers paths, public art, and river access for people. Millennium Park gives open green space and public art for visitors. Merchandise Mart anchors parts of the district with showrooms and events. Restaurants like The Dearborn, Joe's Seafood, and Sushi-san serve varied menus. Bars such as Three Dots and a Dash and Howl at the Moon host late night crowds. Galleries and design shops populate many low rise buildings along the streets. Office towers bring workers who use nearby lunch spots and coffee shops. CTA buses connect this district to other city parts and to the Red Line. Merchandise Mart station links the Brown and Purple Line trains with the area. Walkers use river paths and bridges to move between retail and parks. Parking garages and bike lanes change how people reach venues and offices. Many hotels and event spaces support tourism and business travel. Data shows that the most common age group falls between 25 to 29 years old. Households with 1 person make up the largest part of the local population.

Next

Neighbourhood Description

River North sits near the north branch of the Chicago River and the Loop. Navy Pier draws visitors with rides, the Centennial Wheel, and seasonal fairs. Chicago Riverwalk offers paths, public art, and river access for people. Millennium Park gives open green space and public art for visitors. Merchandise Mart anchors parts of the district with showrooms and events. Restaurants like The Dearborn, Joe's Seafood, and Sushi-san serve varied menus. Bars such as Three Dots and a Dash and Howl at the Moon host late night crowds. Galleries and design shops populate many low rise buildings along the streets. Office towers bring workers who use nearby lunch spots and coffee shops. CTA buses connect this district to other city parts and to the Red Line. Merchandise Mart station links the Brown and Purple Line trains with the area. Walkers use river paths and bridges to move between retail and parks. Parking garages and bike lanes change how people reach venues and offices. Many hotels and event spaces support tourism and business travel. Data shows that the most common age group falls between 25 to 29 years old. Households with 1 person make up the largest part of the local population.

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55 East Erie Condominiums Demographics

This neighborhood indicates a good mix of people which makes it a good place for families. About 4.96% are children aged 0–14, 33.9% are young adults between 15–29, 26.77% are adults aged 30–44, 14.44% are in the 45–59 range and 19.94% are seniors aged 60 and above. Commuting options are also varying where 31.5% of residents relying on walking, while others prefer public transit around 20.71%, driving around 21.36%, biking around 1.75%, allowing residents to choose travel modes that best fit their daily routines. Most homes in the area are with 63.14% of units are rented and 36.86% are owner occupied. The neighborhood offers different household types. About 6.33% are single family homes and 0.45% are multi family units. Around 58.92% are single-person households, while 41.08% are multi person households. This mix works well for families, roommates, and individuals. Education levels in the neighborhood vary widely where 43.46% of residents have bachelor’s degrees. Around 4.09% have high school or college education. Another 2.04% hold diplomas while 42.22% have completed postgraduate studies. The remaining are 8.19% 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 4.96% are children aged 0–14, 33.9% are young adults between 15–29, 26.77% are adults aged 30–44, 14.44% are in the 45–59 range and 19.94% are seniors aged 60 and above. Commuting options are also varying where 31.5% of residents relying on walking, while others prefer public transit around 20.71%, driving around 21.36%, biking around 1.75%, allowing residents to choose travel modes that best fit their daily routines. Most homes in the area are with 63.14% of units are rented and 36.86% are owner occupied. The neighborhood offers different household types. About 6.33% are single family homes and 0.45% are multi family units. Around 58.92% are single-person households, while 41.08% are multi person households. This mix works well for families, roommates, and individuals. Education levels in the neighborhood vary widely where 43.46% of residents have bachelor’s degrees. Around 4.09% have high school or college education. Another 2.04% hold diplomas while 42.22% have completed postgraduate studies. The remaining are 8.19% with other types of qualifications.

Age Demographics

0–14 Years

4.96%

15–29 Years

33.9%

30–44 Years

26.77%

45–59 Years

14.44%

60+ Years

19.94%

Commute

20.71%

Transit

31.5%

Walk

21.36%

Drive

1.75%

Bike

Housing Ownership

36.86%

Owner Occupied

63.14%

Rental Units

Household Types

Single Family
6.33%
Multi Family
0.45%
Single Person
58.92%
Multi Person
41.08%

Average Income

Household:$11,943,480.7 /yr

Individual:$11,620,747.39 /yr

Education

Bachelors Degree43.46%
High School College4.09%
Diploma2.04%
Post Graduate42.22%
Others8.19%
Next

Education

Diploma2.04%
Post Graduate42.22%
Others8.19%
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  2. /Chicago, IL
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    55 East Erie Condominiums
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Huntley, Illinois 60142

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