South Loop 2/2 With Marble Wall Reduces $69,000: 100 E. 14th
This 2-bedroom in 1400 Museum Park at 100 E. 14th Street in the South Loop came on the market in March 2019.
Built in 2008, at the height of the housing bubble, 1400 Museum Park has 260 units and a parking garage.
It’s a full service building with a doorman and pool.
We chattered about this “lower penthouse” back in March as it has been renovated with a lot of unique features.
See our chatter here.
If you recall, the kitchen has white Breaker solid wood cabinetry, stainless steel appliances, “exotic” granite counter tops along with a raised bar.
The listing says there is a marble wall “front to back” and marble feature wall in both bedrooms (is that what’s on the walls and columns?)
The master bathroom walls have oversized porcelain tiles and a 1? linear border at eye level.
It has the features buyers look for including central air, washer/dryer in the unit and parking is available for $35,000.
Since March this unit has been reduced $69,000 to $699,888.
Some of you thought it was overpriced in March. Will this reduced price get a sale?
Timothy Rhoten at Red Carpet Investment Group still has the listing. See the pictures here.
Unit #3106: 2 bedrooms, 2 baths, 1300 square feet
- Sold in August 2008 for $462,000 (included the parking)
- Sold in May 2014 for $505,000 (included the parking)
- Sold in August 2018 for $587,000 (included the parking)
- Listed in March 2019 at $768,888 (parking is extra)
- Reduced several times
- Currently listed at $699,888 (plus $35,000 for the parking)
- Assessment of $645 a month (includes heat, a/c, doorman, clubhouse, exercise room, pool, exterior maintenance, lawn care, scavenger, snow removal, Internet)
- Taxes of $7587
- Central Air
- Washer/dryer in the unit
- Bedroom #1: 13×11
- Bedroom #2: 12×11
- Foyer: 7×7
Ewww, way over the top…
how much is it going to cost to take out all that tile and repair the walls?
WHY WHY WHY all the wall tile. Sorry seller, no one is going to pay a premium for your horrendous design choices.
does the owner own a tile outlet store or something? this place is crazy
This is what i don’t get:
there is still carpet in the bedrooms.
if you’re putting in this much tile and stone, you go all the way, right? I can understand the mental or physical issues that make it so having hard surfaces everywhere is preferred, but leaving the two bedrooms with carpet is contra that, so it’s just really weird.
In a flat or down market they wanted a 35% one year premium? I assume they spent some money but still. 150k is enough to gut rehab a unit at this price point.