We Love Duplex Up Penthouses With 33 Foot Cathedral Ceilings: 1444 N. Orleans in Old Town

 

This 3 bedroom penthouse in Royalton Towers at 1444 N. Orleans in Old Town has been on and off the market since September 2010.

It is a north east corner unit with 33 foot cathedral ceilings in the living room.

Two of the bedrooms are on the main floor with the third on the second floor.

At 2200 square feet, the unit also has a family room and an office.

The kitchen has cherry cabinets and stainless steel appliances.

It has central air, washer/dryer in the unit and not just one, but two, coveted parking spaces.

The penthouse is listed $81,000 under the 2006 purchase price but is still listed for more than the 2004 price.

What price will it take to sell this unit?

Andy Salemi at Regal Realtors has the listing. See the pictures here.

Unit 9I: 3 bedrooms, 2 baths, 2 car parking, 2200 square feet

  • Sold in August 2004 for $550,000
  • Sold in October 2006 for $750,000
  • Originally listed in September 2010
  • Currently listed at $669,000 (parking included)
  • Assessments of $618 a month (includes doorman)
  • Taxes of $10604
  • Central Air
  • Washer/Dryer in the unit
  • Bedroom #1: 17×11 (second floor)
  • Bedroom #2: 12×12 (main floor)
  • Bedroom #3: 10×10 (main floor)
  • Family room: 12×11 (main floor)
  • Office: 12×11 (second floor)

15 Responses to “We Love Duplex Up Penthouses With 33 Foot Cathedral Ceilings: 1444 N. Orleans in Old Town”

  1. Can you please note that this is really a two bedroom. Bedrooms that are not completely walled off, but instead are only 3 quarters the way up or have a curtain are really just open spaces with a bed. There is zero privacy with this set up.

    Also, how is this neighborhood holding up with the new cha residents in the parkside of old town now at Division and Clybourn?

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  2. I’m less appalled with an open 3rd bedroom than with an open master. Make it a guest room or office or den or whatever.

    $200k appreciation in 2 years? Yeah, that is totally normal….no bubble there…

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  3. 500’s sounds right

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  4. While I like the unit and its “lake views” (hahaha yea whatever) It is literally across the street from the mashall field homes, I know the entrance of this building isn’t on the same side (its on the el side, woo hoo) but I wouldn’t want to live here for that price, yeah maybe around 450-500k sure but not almost 700k no way jose

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  5. We love the smell of horse manure in the morning and the sight rusted old El tracks for $669,000.

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  6. too big to fail on March 15th, 2012 at 9:10 am

    market’s heating up!!! buy now or be priced out forever guys!!!!!

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  7. High 500s for this one. Also that assessment seems high as well for just a doorman.

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  8. The unit is nice and a couple of blocks away is a great area, but the immediate area sucks. If this sells above $500K I would be very surprised.

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  9. This particular street might be my least favorite strip of Old Town. El on one side (a really sllloooowww moving el, too), public housing on the other and a horse stable on the block to boot. That price seems nuts, especially with the bedroom situation.

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  10. This is not a pretty area of Old Town. I’ve been in units before at this location. The views were nice, but I just couldn’t get over the immediate area. As mentioned before, to the West is Marshall apartments along with a more beat up section of Sedgwick. To the East is the brown line which isn’t ever going away and also not nice. To the South – Noble Horse.

    For properties around the same age – take a look at Old Town Square say on Scott just West of Wells street. Look at how much nicer the immediate area is. Its not just establishments. Its the fact that trees are planted, the sidewalk isn’t broken, nice fencing, etc.

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  11. boi_in_boystown on March 15th, 2012 at 11:59 am

    Does that classic toilet look really odd next to such contemporary fixtures in the bathroom to anyone else or is it just me?

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  12. “how is this neighborhood holding up with the new cha residents in the parkside of old town now at Division and Clybourn?”

    Parkside at Old Town has basically no effect on this location. The cha residents there are a rounding error.

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  13. “Parkside at Old Town has basically no effect on this location. The cha residents there are a rounding error.”

    Right and they only let in the responsible ones.

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  14. “The cha residents there are a rounding erro”

    LOL

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  15. “This is not a pretty area of Old Town. I’ve been in units before at this location. The views were nice, but I just couldn’t get over the immediate area. As mentioned before, to the West is Marshall apartments along with a more beat up section of Sedgwick. To the East is the brown line which isn’t ever going away and also not nice. To the South – Noble Horse. Absolutely agree with this assessment, this area is dismal, with cars parked haphazardly under the El tracks and is not friendly at night.

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