Nearly a Year on the Market for this Millennium Park 2-Bedroom: 310 S. Michigan

310 s michigan #2 approved

This 2-bedroom in the Metropolitan Tower at 310 S. Michigan across from Millennium Park in the Loop originally came on the market in February 2015.

The unit has east views, which includes the Park and the Lake.

It has hardwood floors in the living and dining room.

The listing calls the kitchen “gourmet.” It has granite counter tops and stainless steel appliances.

Other than a single glass dining room table, without any chairs around it, there is no other furniture or staging in the unit.

There don’t even appear to be window treatments in the living room. There aren’t pictures of the other windows in the listing.

It has central air, washer/dryer in the unit and parking is $50,000 extra.

After a year on the market, should this unit be officially staged?

Or is it all about price?

Yelena Bernshtam at Continuum Real Estate has the listing. See the pictures here.

Unit #1405: 2 bedrooms, 2 baths, 1410 square feet

  • I can’t find a prior sales price.
  • Listed in February 2015 for $899,000
  • Reduced
  • Currently listed at $829,000 (parking is $50,000 extra)
  • Assessments of $976 a month (includes heat, a/c, cable, doorman, exercise room)
  • Taxes of $8693
  • Central Air
  • Washer/dryer in the unit
  • Bedroom #1: 11×17
  • Bedroom #2: 10×9

 

9 Responses to “Nearly a Year on the Market for this Millennium Park 2-Bedroom: 310 S. Michigan”

  1. It’s absurdly overpriced to the point where I think this listing might be a joke.

    VA:F [1.9.22_1171]
    Rating: +6 (from 8 votes)
  2. Given the selection among other 2BR units in the building, they seem to be looking for around a $300,000-400,000 view premium. It’s a nice view but not worth that kind of price.

    VA:F [1.9.22_1171]
    Rating: +2 (from 4 votes)
  3. overpriced – for $800k you would expect a lux condo. But it looks like a run of the mill condo with slighlty fancy home depot lights.

    VA:F [1.9.22_1171]
    Rating: +4 (from 6 votes)
  4. that last picture is a real gem… hahaha

    VA:F [1.9.22_1171]
    Rating: +1 (from 3 votes)
  5. That realtor is really earning her 3% with those photos.

    VA:F [1.9.22_1171]
    Rating: +5 (from 9 votes)
  6. It has “tendon” parking and a “Julian Balcony”. When you Google Julian Balcony you get hits for Julian Assange speaking from a balcony. Gosh learn the lingo and have someone proofread your ads.

    Some agents also think that “radiant” heat means radiator heat, not the case here though.

    This is a such a beautiful building but I think the converison to condos was not done well. This place is priced way too high.

    VA:F [1.9.22_1171]
    Rating: +6 (from 8 votes)
  7. As far as I can tell, it could languish another year on the market with the great work the realtor is doing with the marketing and pricing it!

    VA:F [1.9.22_1171]
    Rating: +2 (from 2 votes)
  8. 1401 seems FAR nicer for $30k less. The price is a big problem, but staging probably would help too…

    VA:F [1.9.22_1171]
    Rating: +1 (from 1 vote)
  9. Bluestreak it is unbelievable how many listings by so-called “professional” realtors contain typos and incorrect terms. Anyone considering hiring an agent to sell their property need only review current listings to weed out dozens of incompetent potential selkers.

    VA:F [1.9.22_1171]
    Rating: +1 (from 1 vote)

Leave a Reply