Not Rich But Want to Live in Streeterville? A 2-Bedroom Under $300K at 222 E. Pearson

222 e pearson

This 2-bedroom in Pearson on the Park at 222 E. Pearson in Streeterville recently came on the market.

This building was originally apartments but was converted to condos in 2005. It has 220 units with valet parking.

This unit is a corner, north and west, unit with the original conversion finishes.

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

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

This building is near the Northwestern Medical campus, the Northwestern Medical and Law schools, and is just east of the Mag Mile.

At just $299,900, is this a deal?

Carrie McCormick at @Properties has the listing. See the pictures here.

Unit #909: 2 bedrooms, 1 bath, no square footage listed

  • Sold in June 2010 for $252,500
  • Currently listed for $299,900 (includes parking)
  • Assessments of $758 a month (includes heat, a/c, cable, Internet, doorman, fitness room, exterior maintenance, lawn care and scavenger)
  • Taxes of $5187
  • Central Air
  • Washer/dryer in the unit
  • Bedroom #1: 16×13
  • Bedroom #2: 14×8

9 Responses to “Not Rich But Want to Live in Streeterville? A 2-Bedroom Under $300K at 222 E. Pearson”

  1. I lived in this building for a summer – it is very nice and great location. This seems like a very good deal given the moderate assessments, nice finishes and parking.

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    Rating: +5 (from 7 votes)
  2. I mean even if I was rich I wouldn’t want to live in streeterville… but this seems like a pretty good deal to me – it has everything but a second bathroom

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    Rating: 0 (from 4 votes)
  3. i am surprised that a 2005 built building still has those individual heating units by the windows.

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    Rating: -3 (from 3 votes)
  4. “a 2005 built building”

    Condo conversion in ’05 of a much older building.

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    Rating: +5 (from 5 votes)
  5. I think in the current market this is a great deal for the location and price. assessments are kind of high, but that’s pretty typical of streeterville / gold coast.

    Maybe some nicer furniture/fixtures and this could make look a lot better – that taxi cab frame in the bedroom is a piece from Ikea i literally had in my college dorm as a senior.

    Jon – are the ceilings as low as they look?

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  6. This would be a good deal for a parent with a kid at northwestern law. Let them live there, and then you have an in town.

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    Rating: +4 (from 4 votes)
  7. Jon – are the ceilings as low as they look?

    They weren’t lofty, but they didn’t seem low or anything. Just unremarkable in height, I guess.

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  8. “Maybe some nicer furniture/fixtures and this could make look a lot better”

    That all looks like rental furniture, so yeah, for sure. Was most likely “staged” for cheap.

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    Rating: +1 (from 1 vote)
  9. Great location. Building is a deal.

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