Kinzie Park Tower: 1500 SQ FT and Under $500k with Views To Boot

Kinzie Park Station is a gated community of townhouses and a highrise just west of the Chicago River.  When it was developed in 2000, it was in no-man’s land.

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Today, that’s not so true. And the views from the south facing units are pretty spectacular.

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One of the bonuses of the building, at 501 N. Clinton, is that due to its age, the two bedroom units actually have real space (no 1095 square foot two bedrooms here.)  But the units are slightly outdated now, with some of them having carpet throughout.

Space over wood floors?

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Unit #3005: 2 bedrooms, 2 baths, 1545 square feet, corner unit,largest 2 bedroom tier in the building

  • Sold in June 2001 for $380,000
  • Currently listed for $499,900 (parking extra?)
  • Listing says: “Priced to Sell”
  • Assessments of $764 a month
  • Prudential Preferred has the listing

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Unit #604: 2 bedrooms, 2 baths, smaller two bedroom unit but both bedrooms have windows

  • Sold in February 2001 for $255,000
  • Listed at $419,000 plus $30k for parking
  • Assessments of $554 a month plus $40 for parking
  • Koenig & Strey has the listing

The 05 tier has several units on the market.

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Unit #2705: 2 bedrooms, 2 baths, 1545 square feet

  • Sold in August 2001 for $546,000
  • Sold in May 2006 for $575,000
  • Currently listed for $570,000 plus $32k for parking
  • Assessments of $749 a month
  • Baird and Warner has the listing

Unit #2805: 2 bedrooms, 2 baths, 1545 square feet

  • Sold in August 2001 for $557,000
  • Sold in March 2002 for $610,000
  • Currently listed for $567,000 plus $32k for parking
  • Assessments of $770 a month
  • Baird and Warner has the listing

It looks like the 05 tier may have hit a price ceiling. Stay tuned.

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