This extra-large 1-bedroom on the 74th floor in Trump Tower at 401 N. Wabash in River North has been on the market nearly a year, since January 2016.
At 1314 square feet, the unit also has an extra 8×10 den.
The unit has 10 foot ceilings and floor-to-ceiling windows with south and west views.
It has Brazilian cherry floors.
The kitchen has Snaidero cabinets, granite counter tops and Miele, Wolf and Subzero appliances.
The listing says it has a spa-like master bath.
The unit has central air, washer/dryer in the unit and garage parking is available in the building.
You also get use of all the amenities in the hotel portion of the building.
There are 486 units in the building with 41 condo units currently on the market.
But will the election of Donald Trump to the presidency put a damper on sales in the building?
Bloomberg recently wrote about Trump buildings, worldwide, being the possible targets of terrorist attacks.
Who pays to protect them?
“They’re landmark targets,” he said. “You suddenly have a normal crowded place that becomes a high risk place. Most of the properties will be in places where you can’t get people away.”
Colin Clarke, a terrorism expert at the Rand Corporation, added, “Al-Qaeda is into symbolic attacks. Then you have the added bonus of having Trump’s name slapped on these buildings and all his divisive rhetoric on Muslims.”
While Trump’s U.S. properties face a heightened risk — New York City police are now a full-time presence outside Trump Towers in Manhattan — the overseas buildings pose the thorniest problem. For one, Trump doesn’t own his foreign properties outright, apart from three golf courses in remote parts of Ireland and Scotland. In other cities, real estate developers pay him a licensing fee to use his name and have responsibility for arranging security independently of Trump.
Additionally, DNAInfo has reported on an idea to float gold pig balloons in the Chicago River which would obscure the Trump name on the side of the building.
A Chicago architect wants to hide the massive Trump Tower sign with a row of strategically placed flying golden pigs, a display aimed at providing “visual relief to the citizens of Chicago.”
The idea, a self-described “folly” from Jeffrey Roberts at Chicago-based New World Design Ltd., isn’t part of a formal proposal, but his renderings of “flying pig” balloons tethered to the Chicago River aim to address Chicago’s objections to the tower’s 20-foot-tall letters, which were in place long before the real estate mogul was a contender for the presidency.
See the artist renderings of the pigs at this link.
There’s no plan to actually go through with this but it is one of many ideas that have been thrown around about Trump Tower Chicago in recent weeks.
Are all these issues a distraction for buyers or will they be a non-event in a few months after Trump takes office?
Lina Shah at Coldwell Banker has the listing. See the pictures here.
Unit #74G: 1 bedroom, 1.5 baths, 1314 square feet
- Sold in April 2013 for $680,000 (no parking included)
- Originally listed in January 2016 for $1,050,000 (no parking)
- Currently still listed for $1,050,000 (no parking)
- Assessments of $1042 a month (includes a/c, gas, doorman, cable/internet, exercise room, pool, exterior maintenance, scavenger, snow removal)
- Taxes of $15,834
- Central Air
- Washer/dryer in the unit
- Bedroom: 14×16
- Den: 8×10