Get a 3-Bedroom River North Duplex Penthouse for Just $1 Million: 600 N. Kingsbury

This 3-bedroom duplex penthouse at Park Place at 600 N. Kingsbury in River North came on the market in March 2019.

Park Place was built in 2002 and has 163 units and garage parking. It’s a full amenity building with doormen, an outdoor pool and an exercise room.

The listing says this penthouse has had a “gut rehab” which took 1.5 years to complete.

It has new electric, plumbing and sprinklers.

The 2-story living room has a floating staircase and custom electric floor-to-ceiling Kravet drapes.

There is an Italian Arrital kitchen with porcelain counter tops, a floating Italian hood, and Subzero, Dacor and Wolf appliances.

Two of the three bedrooms are on the main level in a split floor plan, including the master suite which has heated Italian porcelain bathroom floors and what the listing says is a “designer” fireplace.

The third bedroom is on the second floor and has been opened up to the lower level with a wall of sapphire glass.

This is a rare 3-bedroom condo that also has three full bathrooms. Here, the third bathroom is on the second level.

It also looks like you access the 24×12 private rooftop with city views from the second floor as well, but this is a unique layout which doesn’t actually overlook the outdoor space. It appears to be completely separate from the rest of the unit.

This penthouse has the other features buyers look for including central air, washer/dryer in the unit and 2 extra large parking spaces are available for $35,000 each.

This unit was originally listed in March 2019 for $1.2 million and has been reduced to $1 million.

Given that buyers love “new”, why isn’t this selling?

Eugene Fu at @Properties has the listing. It is agent owned. You can see the pictures and floor plan here.

Unit #1906: 3 bedrooms, 3 baths, 2200 square feet, duplex

  • Sold in January 2004 for $700,000 (included 2 parking spaces)
  • Lis pendens filed in July 2008
  • Bank owned in March 2011
  • Sold from the bank in March 2012 for $335,000 (included the parking)
  • Originally listed in March 2019 for $1.2 million
  • Reduced
  • Currently listed at $1 million (plus $70,000 for 2-car parking)
  • Assessments of $1657 a month (includes air conditioning, gas, doorman, exercise room, pool, exterior maintenance)
  • Taxes of $17,784
  • Central Air
  • Washer/dryer in the unit
  • Fireplace in the master bedroom
  • Bedroom #1: 20×12 (main level)
  • Bedroom #2: 16×10 (main level)
  • Bedroom #3: 13×14 (second floor)
  • Kitchen: 12×10 (main level)
  • Living/dining: 26×23 (main level)
  • Walk-in-closet: 9×6 (main level)
  • Deck: 24×12 (second level)

 

14 Responses to “Get a 3-Bedroom River North Duplex Penthouse for Just $1 Million: 600 N. Kingsbury”

  1. It’s a pricey unit in a mediocre building, that’s why it is taking a while to sell

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    Rating: +8 (from 10 votes)
  2. Seems nice. Not a bad deal buying just after a fresh remodel.

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    Rating: +3 (from 3 votes)
  3. Not a three bed. Two bed with a nice home office that can be used for the occasional overnight guest. No closet in said home office.

    How on earth do you access your private outdoor space?

    I like the location. Decent finishes. Still staring at your toilet or having your head near your toilet while soaking in your master tub. That isn’t a million dollar feature in my book 🙂

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    Rating: +1 (from 7 votes)
  4. Guessing $950k sale including parking since it’s in an average building and it’s not a true 3 bedroom.

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    Rating: +3 (from 3 votes)
  5. Same question as The Cat: How is outdoor space accessed? There must be somewhere to get to it from the unit, right?

    The outdoor space is great, but as always, I’m reminded that outdoor space in Chicago is only useful four or at best five months of the year.

    Agree that this is a mediocre building and an expensive unit. Kind of like the penthouse we discussed at 200 N. Dearborn earlier this year. But the views here are outstanding.

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    Rating: +1 (from 1 vote)
  6. $335 from the bank in 2012 that’s well after the depth of the recession and real estate was recovering. I wander how bad of condition it was in.

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    Rating: +4 (from 6 votes)
  7. “outdoor space in Chicago is only useful four or at best five months of the year”

    There’s a thing called a “jacket” and another thing called a “hoodie”. Should try them out sometime.

    *IF* the outdoor space is easy to access, there are many days where it is usable 9 months out of the year (Mid-Dec to Mid-March being the months where you cannot expect a nice day to be outside–and even then, most years, there are a few), but, yes, the good days are far more frequent in 5 of those months than the other 3.

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    Rating: +7 (from 9 votes)
  8. Thanks for setting me straight again, anon. I can always count on you.

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    Rating: +1 (from 7 votes)
  9. I suppose you’re one to keep the heat at 78 in the winter, and the a/c all the way down to 73 in the summer, like Mike HG’s (?? not double checking) stereotypical librul energy wast … I mean 2000 year old man.

    I really don’t understand anyone (who is in generally good health) and who apparently likes living in Chicago, who thinks it’s only nice outside for 4 to 5 months of the year here. Sure, there are crappy days every month of the year, and January and February are 90%+ crap, but c’mon.

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    Rating: +2 (from 8 votes)
  10. If you look at an aerial view the private roof terraces are accessed from a common walkway. In other words, not directly from the units….

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    Rating: +4 (from 4 votes)
  11. “I really don’t understand anyone (who is in generally good health) and who apparently likes living in Chicago, who thinks it’s only nice outside for 4 to 5 months of the year here. Sure, there are crappy days every month of the year, and January and February are 90%+ crap, but c’mon.”

    This!

    The worst season is winter and only January and February because we’re all into the holiday season in December. March can stink because we’re sick of January and February.

    Why is spring considered “bad” in Chicago? It’s spring. It’s not supposed to suddenly be 80 degrees in April but every year lots of people want it to be so therefore it’s “bad” in Chicago.

    Fall is gorgeous. And the summers rock. That’s 6 months right there NOT only 4 to 5 months.

    People are nuts.

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    Rating: +6 (from 6 votes)
  12. “$335 from the bank in 2012 that’s well after the depth of the recession and real estate was recovering.”

    2012 was the bottom in Chicago but no one knew it yet. Tons of foreclosures still going on. This fits right in with the timeline.

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    Rating: +2 (from 2 votes)
  13. I anxiously await the annual late april/may bitching about the terrible weather. This winter is gonna be a doozy!

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    Rating: +3 (from 3 votes)
  14. “This winter is gonna be a doozy!”

    Why do you say that? I haven’t heard anything about the long range winter forecast.

    But without a doubt Chicagoans will be bitching about the weather in April and May. That is an annual tradition (usually).

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    Rating: 0 (from 0 votes)

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