2-Bedroom Duplex Up Loft Has Reduced $125,000 Since September: 360 W. Illinois In River North
We last chattered about this 2-bedroom duplex up loft in The Sexton at 360 W. Illinois in River North in October 2012.
See our prior chatter here.
In the fall, many of you thought it was overpriced for the condition of the unit.
Back then, it was listed at $549,000 but it has since been reduced to $450,000, including a $49,000 reduction just this week.
If you remember, it has high timber ceilings, exposed brick and large industrial windows.
The loft has one bedroom on the main level and the second bedroom on the second level, along with a private terrace.
It looks like this unit still has the original kitchen from when these were converted, with black appliances and “corian-like” counter tops.
The unit faces north.
The loft has all the other features buyers look for including central air, washer/dryer in the unit and garage parking.
Has the price come down far enough where someone will now bite?
Barbara Sapstein at Baird & Warner still has the listing. See the pictures here.
Unit #626: 2 bedrooms, 2 baths, no square footage listed, duplex
- Sold in February 2000 for $320,000
- Originally listed in September 2012 for $575,000
- Reduced
- Was listed in October 2012 for $549,000 (parking included)
- Reduced
- Currently listed at $450,000 (parking included)
- Assessments of $675 a month (includes doorman)
- Taxes of $5753
- Chandelier excluded
- Central Air
- Washer/Dryer in the unit
- Bedroom #1: 22×13 (second floor)
- Bedroom #2: 11×12 (main floor)
toured this unit, it’s pretty tight and the second br is open. The stairs to the top master br are pretty steep and would not work well for older people. The main selling point of the unit is the nice balcony, but with new construction getting set across the street the views will be blocked / lots of construction noise for the next year or so.
I’m kind of tired of lofts in River North. And lofts in general.
That realtor has an interesting take on Blue Steel.
^
+LOL
thanks for making me spit out my coffee
honestly, why are realtors allowing posts with hollywood lights? it’s such an easy fix and makes a bathroom look infinitely better! ugh!
Close price on the place starts with “$3”.