Silver Tower 3-Bedroom Duplex with Terrace Returns at a Lower Price: 303 W. Ohio

 

303 w ohio #2

This 3-bedroom duplex in the Silver Tower at 303 W. Ohio in River North just came on the market.

But most of you will probably remember it from last year when we chattered about it in April 2016.

Back then, it was listed for about double what they had paid for the unit just 6 years before.

We wondered if they’d get the price. See our chatter here.

They didn’t.

It never sold and has now returned to the market.

The new listing calls it “River North meets Santa Monica.”

A Northeast corner unit, it has 13 foot ceilings on the main level of this unit and a 1000 square foot lighted and covered terrace with a 25 foot high ceiling and city views.

The Modani outdoor furniture, Weber grill and outdoor television appear to still be included in the sale.

There’s also a deeded storage corridor on that level.

The main floor of this unit includes the living/dining room and kitchen and study.

It’s not clear from the new listing where the bedrooms are located. In the old listing, the master suite was on the second floor and the two other bedrooms on the main level. The new listing puts all three on the second floor.

The unit has a smart home upgraded thermostat and Bluetooth lighting system.

The kitchen has dark wood cabinets, granite counter tops and stainless steel appliances.

There’s central air, washer/dryer in the unit and 2 side-by-side deeded parking spaces are available. The prior listing said the parking was $70,000.

This unit has come back on the market reduced $249,999 to $1.15 million.

Will the new price get the sale done?

Keith Wikey at BerkshireHathaway KoenigRubloff now has the listing. See the pictures here.

Unit #1201: 3 bedrooms, 2.5 baths, duplex, now 1910 square feet (was 1800 square feet last year)

  • Sold in January 2010 for $720,500 (included 2 parking spaces)
  • Sold in July 2014 for $815,000 (included 2 parking spaces)
  • Was listed in April 2016 for $1,399,999 (2 parking spaces are $70,000 extra) = $1,469,999
  • Withdrawn in June 2016
  • Re-listed in March 2017 for $1.15 million (2 parking spaces available- still $70,000?)
  • Assessments now $1012 a month (they were $927 a month last year) (includes doorman, cable, exercise room, lawn care, scavenger, snow removal)
  • Taxes now $12,357 (they were $8890 last year)
  • Central Air
  • Washer/Dryer in the unit
  • Outdoor furniture, Weber grill and outdoor television still included in the sale?
  • Bedroom #1: 12×14 (second floor)
  • Bedroom #2: 12×10 (main level or second floor?)
  • Bedroom #3: 12×9 (main level or second floor?)
  • Study: 7×7 (main level)
  • Covered terrace: 22×41

20 Responses to “Silver Tower 3-Bedroom Duplex with Terrace Returns at a Lower Price: 303 W. Ohio”

  1. what are the rules when listing square footage?

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  2. It’s starting to look more like richchatter around here- Sabrina, would you mind giving some love to the proletariat? The last 19 properties you’ve posted have a mean listing price of $765k. I realize the more expensive properties generate more buzz and generally look nicer but after the 10th 500k+ listing in a row I don’t even bother looking. Just a thought.

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  3. Those cherry stairs don’t match the rest of the flooring…

    As you can see on the windows of the ‘crib room’ living this close to the el and the feeder makes this awful soot and crap go everywhere, that terrace has got to be a nightmare to clean off.

    Well that and the noise would be deafening even 12 stories up due to the way the outside space was made as an enclosure

    Not sure what they did to gain 110 sqft though, maybe including the walls this time? Parking spaces? lol

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  4. This listing and the photos are a major improvement over the last one but the unit still blows for 8.5 months out of the year. Still over-priced by about $200K/

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  5. “Those cherry stairs don’t match the rest of the flooring…”

    Trying to figure out what they did here. Based on the pictures in the previous listing, the current owner either replaced or refinished the main floor flooring. Then then added wood floors to the second floor which was carpet. The second floor wood floors don’t seem to match the main floor but matches the stairs. Why wouldn’t they keep the floors consistent?

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  6. Lumber liquidators had a clearance sale

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  7. More high end property please!

    This place is awful, but that outdoor space is off the hook.

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  8. The doors opening up to the balcony seems so inviting until you live there and realize that it’s so windy all your papers fly over, dust gets in, etc. And while balconies are nice, they just aren’t usable most of the year in this climate.

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  9. Ha! “Richchatter” is right! Perhaps this is a symptom of primarily focusing on the small percentage of the Chicago land area that comprises the “GreenZone.” I appreciate it when this blog also gets out into the real neighborhoods more.

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  10. Thanks, Juiceman.

    It’s not that I don’t mind the Green Zone properties/area, but there are still plenty of GZ places that are under $300k and still somewhat affordable for middle class buyers, though it seems to be getting more out of reach every week.

    I tend to be more interested in properties I can afford and I have a feeling not many here are grossing $300k+/year to comfortably afford most of these higher end homes. I still love this blog and appreciate the work Sabrina puts in, but a little diversity in price would be nice.

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  11. “Richchatter”. LOL.

    Too often, blogs, news paper articles, etc. would rather focus on the extraordinary than the just plain ordinary. Sort of like those fashion articles where the shoes cost $900, socks cost $55, the pants are $345, the belt is $39.99 and the shirt is $189. Plain ordinary does not generate buzz and excitement. While portraying a story of a Millenial who uses a skateboard to his corporate corner office where he designs an Android app that will fetch him a cool billion dollars will generate more clicks and discussion.

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  12. “the belt is $39.99”

    Um, that’s not terribly expensive. Unless you feel the need to have 3 dozen belts.

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  13. Basic shoe: http://www.neimanmarcus.com/TOM-FORD-Gianni-Cap-Toe-Lace-Up-Shoe-Black/prod174970016/p.prod?eVar4

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  14. This will sell.

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  15. Relisted for 1.150

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  16. Except for the views and the outdoor space, this place is STILL seriously mediocre 8.5 months out of the year!

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  17. I don’t think these people are remotely interested in selling, they are just keeping a line in the water in case some chump should happen along.

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  18. Closed for 1,150,000

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  19. wow, I am shocked

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  20. Lawd. Please tell me that price at least included the parking!?

    You know the saying about a fool and their money….

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