Masterpiece Transformation in the Sky: A 2-Bedroom in Olympia Center at 161 E. Chicago in Streeterville
This 2-bedroom in Olympia Center at 161 E. Chicago in Streeterville came on the market in June 2025.
Olympia Center was built in 1985 and was, at the time, one of the top luxury buildings in Streeterville/River North. It has 292 units and attached rental parking.
It is a full amenity building with the following features:
- Sundeck
- Party room
- Exercise room
- Indoor pool
- Whirlpool
- Sauna
- On-site management
- Maintenance staff
- Engineering staff
- Full time concierge
- 3 door staff each shift
- Dogs allowed
The listing says this unit is a masterpiece transformation. It has undergone a “complete 2025 total renovation from the concrete and the studs.”
It’s a corner unit with South and East views which includes Lake Michigan, Navy Pier and the southern skyline’s high rises.
The listing calls it a 3/3 unit but it is also listed as a 2/2.5. Prior to the transformation, it was a 2-bedroom. The old “breakfast room” is now a “den.”
The den has no closet, however.
The third bathroom is a full bathroom now. A walk-in-shower was added to the half bath location.
The unit has 7″ white oak hardwood floors throughout.
It has all new single panel doors with black door hardware.
There is a primary suite with a walk-in-closet and an en suite bathroom with a floating dual vanity with LED lit mirror and a LEIVI toilet with electric bidet.
The listing goes into a LOT of details about each bathroom, which I’m leaving out.
There is an open kitchen with wood and white cabinets, an “enormous” island with custom waterfall edge, 1.25 inch Quartzite counter tops, custom gold hardware, a stainless steel Bosch appliance package with French door refrigerator with ice/water dispenser.
It has a stove hood.
The unit has the features buyers look for including central air and a laundry room with a full size stackable washer/dryer and a storage cabinet. Parking is available in the building.
There is no private outdoor space.
Olympia Center is above the Neiman Marcus on Michigan Avenue. It is near the shops and restaurants of Michigan Avenue, Streeterville and River North as well as numerous bus lines.
There are currently 13 units for sale in the building.
Buyers love “new.”
This unit has come on the market at $1,195,029.
Did this renovation get the finishes right for this building and price point?
Nicholas Colagiovanni at Baird & Warner has the listing. See the pictures and floor plan here.
Unit #53B: 2 bedrooms, 2.5 bathrooms, 2154 square feet
- I can’t find an original sale back in 1987
- Sold in December 2024 for $580,000
- Currently listed at $1,195,029
- Assessments of $2179 a month (includes a/c, doorman, cable, exercise room, pool, exterior maintenance)
- Taxes of $18,494
- Central Air
- Full-size stackable washer/dryer
- Parking is rental in the building
- Bedroom #1: 20×15
- Bedroom #2: 17×11
- Den/Bedroom #3?: 11×11
- Living room: 20×17
- Kitchen: 18×9
- Dining room: 14×15
- Foyer: 5×10
- Walk-in-closet: 5×5
- Laundry: 5×4









