Looking For Move-In Ready? A Big 1-Bedroom at 57 E. Delaware in the Gold Coast
This large 1-bedroom in The Bristol at 57 E. Delaware in the Gold Coast recently came on the market.
The Bristol was built in 2000 and has 178 units along with a parking garage.
It’s a full service building with an indoor pool and was considered one of the top luxury buildings when it was built 17 years ago.
Many of the units still have their original finishes, but not this one, which was renovated.
The 1135 square foot corner unit, with South and West views, has new wide plank hardwood floors as well as a built-in media/storage unit along one wall.
There’s now a custom kitchen has dark cabinets with stainless steel appliances, quartz counter tops with full height backsplash and a waterfall island with seating.
There are motorized window treatments.
The unit also has a unique sliding door that leads into the bedroom.
It has a new powder room and washer/dryer.
The unit has central air and parking is included in the price.
Does the Bristol still have its old luxury cache in a crowded luxury market?
Patricia Papatheodore at Baird & Warner has the listing. See the pictures here.
Unit #2101: 1 bedroom, 1.5 baths, 1135 square feet
- Sold in July 2000 for $371,000
- Sold in June 2005 for $370,000 (included the parking)
- Currently listed for $659,000 (includes the parking)
- Assessments of $774 a month (includes doorman, cable, exercise room, indoor pool, exterior maintenance, scavenger, snow removal)
- Taxes of $7663
- Central Air
- Washer/dryer in the unit
- Bedroom: 14×13
- Living room: 24×19
- Kitchen: 9×9
Just an FYI, there are 5 other 1 bed 1.5 bath units in this building for sale, ranging from $425,000 to $455,000. Most are not as “updated” as this unit; however, they give a buyer a chance to get in at a lower price and do the updates themselves over time.
So, in other words, this place is severely overpriced.
I mean it is a massive hassle to renovate a condo, I’m sure even more so in a gold coast Home owners association building but still, did they even do 100k of work to this place?
on a side note, I really hope that awful barn door trend dies quickly… my god what a stupid fad
“awful barn door trend”
you hate all surface mounted sliding doors, or just the ones that scream ‘barn’ like these?
Is something like this:
http://www.eclisse.eu/Products/Surface-Mounted-Sliding-Door-system
equally objectionable to Sonies?
I like the sliding mounted doors, especially if they are made out of reclaimed wood.
I think this place is overpriced. I would rather be east of Michigan Ave. I would take the place from yesterday and fix it up to my liking before I would purchase this place. At least the place from yesterday had a small balcony.
“you hate all surface mounted sliding doors, or just the ones that scream ‘barn’ like these?”
I hate the ‘fake reclaimed wood’ bullshit they are peddling… that one you linked looks ok I guess. I can’t really tell since they painted it, although I don’t really like that big track overhead… if you’re going to do that do a pocket door (which I’m also not the biggest fan of) but still way cleaner than this stupid stupid stupid reclaimed wood barn door hipster bullshit they are seling now at places like home depot and menards…
I hate the barn door/reclaimed wood look as well, but I believe pocket door installation can be pricey. A sliding barn door is a more cost effective option, right?
I have a reclaimed wood dining table and I love it. It’s unsealed though, so I have to cover it up when I have guests who are actually going to use it for eating. I also worry that the cleaning lady is going to put polish on it one day. I love looking at it though. I would be sad if it turned out to be fake. Does anyone know if the Restoration Hardware reclaimed wood tables are fake?
oh god the thought of one rogue glass of ice water ruining my table would kill me
“pocket door installation can be pricey”
Yep, since it involves removing studs and reframing the wall. And they can be hard to adjust/re-track if anything goes wrong after install.
Surface mount sliding door is stupid simple to install, and there’s nothing hidden to adjust.
If there is a light switch on either side of the pocket door, and there always seems to be, the wall needs to be nearly double thick. That’s more than removing studs and reframing the wall, a second wall has to be built next to the existing wall.
A high quality pocket door is far nicer than a surface sliding door. And it feels natural to operate from either side.
“Most are not as “updated” as this unit; however, they give a buyer a chance to get in at a lower price and do the updates themselves over time.”
Who wants to do a full scale rehab in a condo building themselves?
Eh. Yuck. Would take months and be awful.
I’d rather just move in and enjoy life.
You’d seriously rather just move in and overpay by 100-150K and lose out on the opportunity to do things to your liking? Wow.
“lose out on the opportunity to do things to your liking”
Well, in the event that what was done *is* to one’s liking, it not crazy.
It’s the whole premise of every reno-flipper ever, of course.
You’d seriously rather just move in and overpay by 100-150K and lose out on the opportunity to do things to your liking? Wow.
Yes. This IS to my liking. It’s beautiful and completely move-in-able. And I don’t have to waste 6 months to a year of my life dealing with the condo board, contractors, looking at finishes etc.
3101 just went under contract. It was on the low side of the price range, around 425-430K and needed work. Smart buyer
I like this building. Is this building as nice as the Fordham?
“Is this building as nice as the Fordham?”
Scott, why do you consider The Fordham to be “nice”?
If we knew that, then we could offer an opinion.
Both are considered “luxury” buildings. The Bristol was one of the first “luxury” buildings of the boom era. So the units are a bit older now.
The Fordham was originally built as an apartment building but condos were booming so they never rented it out and converted it immediately. The Pinnacle next door was built after the success of the sales in the Fordham.
In my opinion, a lot of the Fordham units now need upgrades to the kitchen and baths.
Sabrina,
I have been looking for a second home in Chicago. The newer condos are $$$. I keep my eye on the Pinnacle, Fordham, and Bristol. I mostly want a gym and in unit W/D. Other bldgs that I’d consider are 600 N. Fairbanks and 65 E Delaware. I’d like a good location too. Ideally there would be a grocery store nearby. 340 on the Park is my favorite building, but desirable units are too pricey for me.
I am in no rush.
“I keep my eye on the Pinnacle, Fordham, and Bristol. I mostly want a gym and in unit W/D.”
All three of those buildings are now considered “older” luxury buildings. Nothing wrong with that. People buy for location and views etc. At least you know what you’re getting with an older building.