We Love Brick and Timber 1-Bedroom Lofts in River North: 420 W. Grand

420 w grand

This 1-bedroom loft in 420 W. Grand in River North just came on the market.

With all the high rise development, many people forget that much of River North was just a bunch of run-down warehouses until about 20 years ago.

This 1200 square foot south facing loft has the features that loft lovers look for including large industrial windows, tall timber ceilings and walls of exposed brick.

The kitchen has white cabinets, granite counter tops and stainless steel appliances.

The bedroom is fully enclosed.

There are two bathrooms in this unit and both are marble.  On a side note, an agent once told me that in many of these larger 1 bedroom/2 baths in the building that they used to be 2-bedroom units but the wall was removed to allow for the large living/dining area. I don’t know if that is true of this unit as well. But that’s how some of the 1-bedrooms ended up with 2 full baths.

It has central air, washer/dryer in the unit and garage parking is included.

This loft has come on the market $1500 above its 2007 price.

Are we already back to peak prices in River North?

Kelly Lynch at Koenig & Strey Real Living has the listing. See the pictures here.

Unit #4G: 1 bedroom, 2 baths, 1200 square feet

  • Sold in December 1993 for $181,000
  • Sold in July 1996 for $205,000
  • Sold in November 1998 for $225,500
  • Sold in April 2003 for $310,000
  • Sold in October 2007 for $387,500
  • Currently listed for $389,000
  • Assessments of $358 a month (includes water)
  • Taxes of $4372
  • Central Air
  • Washer/Dryer in the unit
  • Garage parking included
  • Bedroom : 17×14

 

 

4 Responses to “We Love Brick and Timber 1-Bedroom Lofts in River North: 420 W. Grand”

  1. Cool place. It needs less furniture to let the space breathe more, but either way it would make for some great parties…and noise complaints!

    For about the same asking price, you could get a generic 2/2 in River North of the same size that would make for a better investment/easier resale/easier rental. However, if you’re willing to spend this much on a snazzy 1bd bachelor pad loft, you’re probably not thinking about that. Apples to oranges.

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  2. Great 1BR. $325?

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  3. Not that impressive for the price.

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  4. I owned this exact unit from 96-98. I purchased it from the original owners. It was never a two bedroom, just a big one bedroom. I loved having 2 bathrooms…that way my guests would always have a nice, clean bathroom :)

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