We Still Love Penthouse Lofts With Terraces: 720 S. Dearborn in Printers Row

720 s dearborn approved

This 2-bedroom triplex penthouse loft in the Franklin Lofts at 720 S. Dearborn in Printers Row just came on the market.

But if it looks familiar, that’s because we chattered about it in 2011 and 2012. See our June 2011 chatter here.

The listing says it’s been “completely renovated.”

It still has exposed brick, but the finishes are now contemporary with dark wood floors and a modern staircase.

The kitchen is contemporary with wood cabinets, granite counter tops and stainless steel appliances.

One bedroom is on the main floor and the second bedroom is on the third level.

It has the features buyers look for with central air and washer/dryer in the unit but the building doesn’t have parking.

But its biggest selling point is the 10×20 private terrace with views of the Willis Tower.

It’s listed for $250,000 more than the 2013 selling price.

Will it get the premium now that it’s been renovated?

Nadine Ferrata at Coldwell Banker has the listing. See the pictures here.

Or see it in person at the Open House this Sunday, Sep 27 from 1-3 pm.

Unit PH2: 2 bedrooms, 2 baths, 1767 square feet, triplex

  • Sold in November 1990 for $275,000
  • Sold in September 1997 for $305,000
  • Sold in January 2000 for $385,000
  • Sold in August 2007 for $570,000
  • Sold in August 2013 for $400,000
  • Currently listed for $650,000
  • Assessments are now $1336 a month (they were $1258 in September 2012)- includes heat, a/c, water, gas, cable, exterior maintenance, snow removal)
  • Central Air
  • Washer/Dryer in the unit
  • No parking with this building
  • Bedroom #1: 16×12 (third floor)
  • Bedroom #2: 12×10 (main floor)
  • Living room/kitchen: main floor
  • Terrace: 10×20 (third floor)

 

5 Responses to “We Still Love Penthouse Lofts With Terraces: 720 S. Dearborn in Printers Row”

  1. not sure how someone “overlooks” the Sears tower

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    Rating: +4 (from 4 votes)
  2. Beautiful unit for the right buyer

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    Rating: +3 (from 5 votes)
  3. I wish there were shots of the actual terrace. Am I the only one who hates it when they cheap out with plain white registers rather than metal?

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    Rating: 0 (from 0 votes)
  4. Gaaa! They’ve stripped all the soul out of it. One less place to fantasize about…

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    Rating: 0 (from 0 votes)
  5. Sold for $617,500.

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    Rating: 0 (from 0 votes)

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