Will Skybridge Become the Hottest Building in the West Loop? 737 W. Washington

737 w washington

This 2-bedroom in Skybridge at 737 W. Washington in the West Loop just came on the market.

Skybridge was built in 2003 and has 237 units. It won a bunch of design awards at the time of its construction.

It is the tallest building in the West Loop. The East side has views of the entire Loop while the west has views out to the suburbs.

This unit has east facing, or downtown city, views.

It has Brazilian hardwood floors in the living/dining area and carpeted bedrooms.

The kitchen has white cabinets and white appliances but it doesn’t look like there are granite counter tops.

It has all the features buyers look for including central air, washer/dryer in the unit and garage parking is included.

This building has a Whole Foods in its base and the Mariano’s is just across the street. You can stroll to the hot Fulton Market restaurants or Greek Town as well as Randolph Street.

With McDonald’s moving its corporate headquarters just a few blocks away, and very few high rises in this neighborhood, is Skybridge destined to become one of the West Loop’s hottest buildings?

Peter Fotopoulos at Dream Town has the listing. See the pictures here.

Unit #1704: 2 bedrooms, 2 baths, 1328 square feet

  • Sold in July 2003 for $350,000 (included the parking)
  • Sold in October 2004 for $365,000 (included the parking)
  • Sold in June 2008 for $424,000 – per Redfin (I couldn’t find this sale in the public records)
  • Currently listed at $499,000 (includes the parking)
  • Assessments of $641 a month (includes heat, a/c, parking, doorman, cable, exercise room, exterior maintenance, lawn service, scavenger, snow removal)
  • Taxes of $4580
  • Central Air
  • Washer/Dryer in the unit
  • Bedroom #1: 22×17
  • Bedroom #2: 15×11

12 Responses to “Will Skybridge Become the Hottest Building in the West Loop? 737 W. Washington”

  1. Ick. How do you have a 1,300+ sq. foot 2BR with hardly any living/common space? Reduce the size of the gigantic master bedroom, master bath, and walk-in closet and make more living area.

    This place is set up for empty nesters who have a spare bedroom for when their grown kids visit, and they still have tons of space to get privacy. But those types of buyers head to River North, not the West Loop.

    And that kitchen – ugh. Obviously nothing has been updated since this was built.

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  2. Luis_Carruthers on June 27th, 2016 at 12:01 pm

    don’t see the increase in value from ’08 sale at 424k. agree, could use more living space. If I occupied unit, I wouldn’t put the dining table in there, but I don’t host dinner parties either.

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  3. I have a friend who rented at the Skybridge until last year and faced east like this unit. He told me that The noise level from the expressway while sitting on the balcony is unbelievably loud. He still liked to sit on the balcony. I have to think that he knocked some time off of his life by breathing all those unseen expressway fumes.

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  4. It’s kind of an odd building—with both pro’s and con’s. I looked at a unit there a couple years ago.

    Pros: Architecture is very interesting/award winning, including the “bridge” on each floor that connects the 2 parts of the building, and the “trellis” up on the roof. Location is amazing for convenience, Views of the loop are great & building is mostly unobstructed in all directions

    Cons: You definitely don’t get a neighborhood feel. The quality of materials used in the building feel middle tier, but many units have gotten upgraded. West facing windows are small (and give kind of a cheap look in my opinion, though good for efficiency). Lobby is minimal.

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  5. “Ick. How do you have a 1,300+ sq. foot 2BR with hardly any living/common space? ”

    Even smaller 2br –
    https://www.redfin.com/IL/Chicago/60-E-Monroe-St-60603/unit-1706/home/45508262

    People are getting desperate to call their shoeboxes a 2 bedroom unit.

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  6. This building is really convenient for those people working in the loop – and I acknowledge that the ever improving fulton market area is a closeby walk as well, but man, is this particular part of the west loop dreary. No neighborhood whatsoever.

    I toured the building itself a few months ago and found that the upkeep was below average for how high the assessments are…cracks in a lot of the drywall and common areas, and all over the rooftop area. The lobby views from the elevator were great though.

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  7. The area has blown up and values have skyrocketed. RD659 just east of here has shown solid appreciation as well. I like this design and location slightly better.

    Looked closely at this building over the years. Could have bought the penthouse at one point but felt it was too small. Recently it was in Crains and the eventual owner finished it nicely. The “01” units were spectacular. They were three bedrooms that faced east north and west. The layout was fantastic and the light was amazing. They are the prime units and should be in demand in the years ahead.

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  8. This will go instantly. A young couple will buy this at ask. In three years, it will be listed again with a baby crib in the second bedroom.

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  9. I remember all the bear market geniuses on here bashing RD659 as they were firesale selling units, those buyers did alright huh

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  10. “bashing RD659 as they were firesale selling units”

    Taking a quick look at it, the folks who bought from the bulk-sale buyer did really well, others who bought a little bit before that did pretty well.

    Some of the bashing was based on the developer proposing selling a bunch of units to a mental health (or something) organization, and the effects of that.

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  11. I just sold my 2br 2ba unit in that building last week. #3107. I lived there for 5 years. There is a huge facade project going as well as a project to reseal the windows. The highway noise loud on the lower floors…it wasnt bad on mine. I had about 20 clients come see it…mostly younger couples or single young professionals.

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  12. West Loop hi-riser on June 30th, 2016 at 4:34 pm

    Someone must think these units are worth the money for the location, at least. A 1375 SF 2/2 unit in the building just sold for $510K on Redfin, which on a per SF basis is more than some Streeterville hi-rises with lake views go for of the same general size. That proposed 94-unit building on Jefferson and Fulton would be a lot more appealing once it’s up but that’s aimed at more of a 1% crowd than the niche this building fits.

    There’s another hi-rise four blocks from there at Jefferson and Monroe, but it’s closer to the core Loop and Union Station than 737 is and the two’s generally are more like in the $350-$425K space (but without the panoramic city views). Part of the same neighborhood if you like walking over an expressway ramp bridge, though. I agree that the stretch of Halsted between Monroe and almost-Randolph is pretty desolate and feels more sketchy than it probably really is due to the random drifting homeless guy.

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