Chicago · Cook County · IL
Homes for sale in
Residences at River East.
- Active listings
- 0
- Median list
- $550K
- Avg time on market
- 15 days
- Sold · last year
- 13
Active listings
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About the community
A full-amenity condominium tower in the heart of River East.
The Residences at River East, also marketed as River East Center, is a high-rise condominium tower at 512 N McClurg Court in the River East pocket of Streeterville on Chicago's Near North Side. Completed around 2001 and designed by the Chicago firm DeStefano and Partners, the tower rises 58 floors and contains roughly 620 condominium residences. It shares a base with an adjacent hotel and an AMC movie theater, sits on the main branch of the Chicago River with the Riverwalk running alongside, and puts residents within a short walk of the Magnificent Mile, Navy Pier, and the lakefront.
At a glance
58-floor tower
A high-rise of roughly 620 condominium residences, completed around 2001, designed by DeStefano and Partners.
24-hour door staff
Full-time door staff and on-site management, with a fitness center, sundeck with grills, party and conference rooms, extra storage, and a bike room.
Shops and theater at the base
The River East complex at the base adds an AMC movie theater, dining, and shops, with an adjacent hotel.
Riverwalk and lakefront
On the main branch of the Chicago River with the Riverwalk alongside, a short walk from Navy Pier and Ohio Street Beach.
Steps to the Mag Mile
Magnificent Mile shopping is a few blocks west, with Northwestern's downtown campuses nearby.
Chicago Public Schools
Served by CPS, with Ogden International commonly cited nearby. Confirm the attendance boundary by address with the CPS locator.
What’s close
The Residences at River East sit at 512 N McClurg Court in the River East pocket of Streeterville, between Navy Pier and Michigan Avenue.
- Building amenities
- 24-hour door staff, a fitness center, a sundeck with grills, party and conference rooms, extra storage, a bike room, and heated indoor parking.
- Dining and shopping
- The AMC theater, dining, and shops at the base, with the Magnificent Mile a few blocks west.
- Lakefront
- Navy Pier, Ohio Street Beach, and the lakefront are a short walk east toward Lake Michigan.
- Schools
- Chicago Public Schools, with Ogden International commonly cited nearby. Confirm the attendance boundary by exact address with CPS.
- Transit and highway
- The Ohio Street and Grand Avenue feeder ramps reach Lake Shore Drive quickly, with CTA bus service through Streeterville and rail a short ride west.
- Healthcare
- Northwestern Memorial Hospital and the Northwestern downtown campuses are within Streeterville, a short walk or ride away.
What it’s actually like to live here
Living at River East puts you in one of the most connected spots in downtown Chicago. From the base of the tower you can walk to a movie, grab dinner, reach the Magnificent Mile, or be on the lakefront at Ohio Street Beach and Navy Pier within minutes, all without crossing a major arterial. The Riverwalk runs right along the complex, and the tower's angled massing gives many residences long lake and skyline views. For a professional at Northwestern's medical campus, a commuter who wants Lake Shore Drive access, or a buyer who wants a lock-and-leave downtown base with a doorman and full amenities, the location is hard to beat.
The building's scale is part of the appeal and part of the tradeoff. With roughly 620 units it lives like a small vertical neighborhood: elevators, door staff, and shared amenities keep things convenient, but a tower this size means elevator waits at peak times and more turnover of neighbors and renters than a boutique building. The studio and smaller one-bedroom stock also makes this a common entry point into downtown ownership and a popular rental building, which some owner-occupants like for liquidity and others weigh when they want a quieter, all-resident feel.
The honest tradeoffs of high-rise Streeterville life apply here as everywhere in the district: you are trading square footage and a yard for walkability, views, and services. Street-level congestion around Navy Pier and the Mag Mile peaks with tourism and events, parking is a paid amenity rather than a driveway, and dense downtown living means noise and crowds are part of the deal. Monthly assessments reflect running a large, full-service high-rise, and Cook County property taxes are billed separately per unit. For buyers who value being in the middle of everything over space and quiet, River East is a strong fit.
The questions buyers actually ask
Residences at River East FAQ
The questions I get most from buyers shopping Residences at River East. If yours isn't here, text 224-385-8779, same-day reply.
- What does the HOA actually cover?
- Monthly assessments vary by unit size, floor, and view, as is normal for a large full-amenity high-rise. In a doorman tower of this type they typically fold in the 24-hour door staff and management, water, common-area heating and cooling, building insurance, amenity upkeep, and reserve contributions, with the resident usually responsible for in-unit electric. Confirm the exact figure and what it covers from the current disclosure for a specific unit. Parking is generally deeded or rented separately.
- What are property taxes like?
- Roughly $5,000 – $12,000 per year, depending on home size and value. Cook County assessor records are the source of truth. Happy to pull a specific bill on any home you're considering.
- When was Residences at River East built?
- DeStefano and Partners (architect) built the community between 1999 and 2002. DeStefano and Partners (architect) stopped new construction in 2002, so every sale today is a resale.
- What's the typical closing timeline?
- 45 to 90 days from accepted offer to keys. Cash deals can close in two weeks. Conventional financing is usually closer to 90.
- Is the Residences at River East the same as River East Center?
- Yes. The condominium tower at 512 N McClurg Court is marketed under both names. River East Center also describes the larger mixed-use complex, with a hotel, AMC theater, and retail, that the tower shares a base with.
- When was it built and how big is it?
- The tower was completed around 2001. It rises 58 floors and holds roughly 620 condominium residences, designed by the Chicago firm DeStefano and Partners.
- What kinds of units are in the building?
- Floor plans run from studios through three bedrooms, with a large share of one and two bedroom homes. Many units feature floor-to-ceiling windows and lake or city views thanks to the tower's angled design. Finishes vary by unit.
- What amenities does the building offer?
- Expect 24-hour door staff, a fitness center, a sundeck with grills, party and conference rooms, extra storage, a bike room, and heated indoor parking, which is usually separate. It is pet friendly, and the shared base adds an AMC theater, a hotel, shops, and dining. Confirm any specific amenity, such as a pool, with the association.
- What are the monthly assessments and property taxes like?
- Assessments vary by unit and typically cover door staff, water, building insurance, common-area systems, amenities, and reserves, with residents paying their own in-unit electric. Cook County property taxes are billed separately per unit. Confirm both the exact assessment and the current tax bill for the specific unit you are considering.
- What do units cost and how is the market right now?
- Pricing and market activity move constantly, so this page pulls those figures live. See the Market snapshot on this page for current list prices, days on market, and inventory in the building rather than a static number.
- Who is the real estate agent for Residences at River East?
- Joe Keegan is the local licensed Illinois real estate broker who covers Residences at River East in Chicago, IL through Subdiview, a neighborhood-first home search for the Chicago suburbs and collar counties. Joe prices and negotiates from the live MRED sold comps for Residences at River East specifically, not national averages, and can help you buy or sell here. Reach Joe at 224-385-8779 or joe@joekeeganhomes.com.
Your local agent
Joe knows Residences at River East
Most agents will list anything. I focus on the places I actually know, and the things that move value here don't show up in the MLS write-up: which streets and buildings hold demand, what the HOA or assessments really cover, how the comps read once you account for condition and location, and where buyers consistently want to be.
When you're ready to tour or list, you want someone who has read the last 50 closed comps in this specific market, not a national average, and can tell you what they actually mean for your price. That's how I work. Text or call any time, and I'll give you a real take, not a brochure.
- Licensed Illinois broker
- Comp-driven pricing
- Chicago specialist
- Honest local market take
- Brokerocity
Market snapshot
Residences at River East, by the numbers
Live MRED data, refreshed daily. The numbers below tell you what this market is doing today, not what Zillow's algorithm thinks it might be doing six weeks from now.
Typical list price
$550,000
Typical sale price · last 90 days
$222,000
Avg time on market
15 days
Sold in the last year
13
This representation is based in whole or in part on data supplied by Midwest Real Estate Data, LLC for the period August 1, 2025 through August 1, 2026. Midwest Real Estate Data, LLC does not guarantee nor is it in any way responsible for its accuracy. Data maintained by Midwest Real Estate Data LLC may not reflect all real estate activity in the market.
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