We love city terraces: Penthouse at 375 W. Erie

I’m a sucker for a great downtown terrace.  I admit it.  When an interesting one comes on the market, I’m the first one to “ah” over the pictures- especially if it’s landscaped.

A penthouse loft at 375 W. Erie in River North was just listed with a private 1000 square foot terrace.  Check out these pictures and think of summer.

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Unit #610: 2 bedrooms, 2 baths, 1800 square feet

  • Sold in April 2003 for $560,000
  • Currently listed for $680,000 (plus $35,000 for parking)
  • Assessments of $511 a month
  • 11 foot high ceilings
  • Skylights

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Prudential Preferred has the listing.  You can also see more at this Craigslist ad.

10 Responses to “We love city terraces: Penthouse at 375 W. Erie”

  1. I love them, too. How much do you suppose it costs to hire someone to maintain such a terrace garden? (Because god knows I wouldn’t have the interest, let alone the skills. I’d just want to loll up there with my cat.)

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  2. RiverNorthLiving on January 30th, 2008 at 1:31 pm

    Actually the owner does all the gardening with her finance, its a pretty rare find to get an 1125sf Private Roof Garden anywhere in Chicago let alone walking distance to the loop. There is another Penthouse at The Contemporaine that is a 3000sf Bonsai Garden. It is professionally maintained by a once a week gardener. I believe Linda Markus @ Koenig & Strey has the listing for $3.9MIL – RNL

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  3. Thanks for the info RiverNorthLiving.

    We actually chattered about the penthouse at the Contemporaine a few months back. The last I looked I think they had taken it off the market but I’m assuming it will be coming back on shortly.

    If you do a search of the site you’ll see pictures for that great terrace.

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  4. Sabrina, Obviously someone else loves city terraces just as much! This one is under contract…

    PEND 375 W Erie St 517 Chicago 8008 $525,000

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  5. $525k = fair value (not a steal though even w/terrace). IMHO.

    Obviously, seller must have had to get out at any price and unable to wait ’til spring/summer selling season.

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  6. unit 610 is the one Sabrina wrote about… Does 517 have a terrace, too?

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  7. Kenworthey, Yes you are correct. Unit #517 has a 336 sq.ft. private terrace

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  8. Price on this has dropped to $625K (though in some places it says $655K), parking still separate and $35K.

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  9. Thanks for the update on this unit, Kenworthey. It’s interesting to watch it. It was priced too high originally (obviously.)

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