Get a 3-Bedroom with a 615 Sq Foot Private Terrace in River North: 435 W. Erie

This 3-bedroom at Erie Center Lofts in 435 W. Erie in River North came on the market in July 2018.

Erie Center has a brick and timber loft building along with a next door high rise. It has 124 units and a heated parking garage.

The listing says it was “renovated in 2017.”

It has new wide plank floors, custom trim and millwork including a built-in banquette and bookcases.

The unit has designer lighting.

The kitchen has what looks like black cabinets, quartz counter tops, a subway tile backsplash, brass hardware and stainless steel appliances.

The master suite has an en suite bathroom with a cast iron soaking tub, heated floors and a double vanity.

This unit also has 3 full baths, whereas most 3 bedroom units have either 2 or 2.5 baths.

For those who love outdoor space, this 7th floor property has a 615 square foot private terrace.

The listing says it’s in the Ogden Elementary school district.

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

The unit has come on the market for $281,000 more than the 2014 sale, at $799,000.

I’m not sure, however, it’s the same square footage as the prior sale.

Is $800,000 the expected price for a 3-bedroom in River North now?

Conor Scanlon at Jameson Sotheby’s has the listing. See the pictures here.

Unit #708: 3 bedrooms, 3 baths, 1550 square feet

  • Sold in February 1999 for $270,000
  • Sold in May 2001 for $384,000
  • Sold in August 2004 for $430,000
  • Sold in April 2010 for $475,000
  • Sold in June 2014 for $518,000
  • Currently listed for $799,000 (garage parking included)
  • Assessments of $801 a month (includes heat, a/c, parking, doorman, exercise room, exterior maintenance, lawn care, scavenger, snow removal)
  • Taxes of $8451
  • Central Air
  • Washer/dryer in the unit
  • Bedroom #1: 17×13
  • Bedroom #2: 14×11
  • Bedroom #3: 11×10
  • Terrace: 41×15

 

8 Responses to “Get a 3-Bedroom with a 615 Sq Foot Private Terrace in River North: 435 W. Erie”

  1. Lotta nice furniture in there for someone with kids… my hair would fall out trying to keep the kids from destroying all of it lol

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  2. Random thoughts:

    1) That’s a really small living/dining area for a 3 bedroom. Not much room for a family.
    2) This reminds me of 90% of the house tours on apartment therapy.
    3) Is that a dark stain or black paint on the kitchen cabinets? (assuming it’s a stain b/c you can see the grain, but maybe it’s a bad paint job and/or some trend I am unaware of).
    4) I love the terrace, but it affords no privacy.
    5) Without the (very nice) furniture/accessories, this is kind of bland.
    6) I am a huge fan of using a black accent wall to “hide” the tv.
    7) Light wood floors are starting to grow on me.

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  3. Wow I would feel like I’m being watched at all times on that terrace as you are literally surrounded by highrise condos…

    As noted that living area is very weak. How do you even watch TV… turn either your neck or the couch every time?

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  4. Black wall while good in theory looks terrible with the roller marks

    Looks like Oak that was ebonized

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  5. Sorry- but for some reason today’s crib never posted.

    We’ll have to chatter about it tomorrow.

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  6. Reduced to 749K

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  7. Closed for $700,000

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  8. Thanks David, that’s a pretty nice gain for the seller.

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