A Custom Built Home in the Sky: 200 N. Dearborn in the Loop
This 3-bedroom unit at 200 N. Dearborn in the Loop was originally two units that were combined into one big 1800 square foot unit.
Although the building was built in 1989, and was apartments until recently, you might not know it when you’re inside this home.
Forget the standard cherry cabinets and granite counter tops. The kitchen is completely custom to look like antique furniture.
The floors are antique wide plank red oak. The 3 bathrooms have unique marble and glass tile.
The unit has also been reduced by $601,000 since August.
And the listing says the seller is “motivated.”
Is this now a deal for this original home?
Kim Olson at Baird & Warner has the listing. See the pictures here.
Unit #3801: 3 bedrooms, 3 baths, 1800 square feet
- I couldn’t find an original sales price but two units combined
- Originally listed in August 2009 for $1.25 million
- Reduced several times
- Currently listed for $649,000
- Assessments of $1020 a month (includes heat, AC, doorman, pool, cable)
- Taxes are “new”
- Washer/Dryer in the unit
- Central Air
- 2 parking spaces available
Love this place – I wonder where the desperation stems from?
And I say that I love this place with the caveat that I ordinarily like contemporary, so that’s a compliment.
The seller must be apoplectic. This is another example of someone creating a home which was customized to just their taste – and that’s fine – that’s what you should do – as long as you are going to live there a really long time. But then, when it’s time to sell, people are shocked to find out that no one else shares their taste and they can’t get back what they put into it. In fact, it’s a negative because someone else is going to have to rip out their touches.
You often see this where people create the Louis XIV look.
STAY AWAY, AMERICAN INVSCO. Every building they’re involved becomes a foreclosure tower. The management here sucks and if you’re going to spend that much money there are much better choices in the area for your money! Building is old! Elevators suck! They’ve been saying they’ll upgrade this and that ever since they took over but they havent.
Flatscreen TV in every room–including the bathroom!!–kinda break up the look, dontchathink?
how do you get a SW lake view? and why three pictures of that crazy mirror? nice looking place but i wouldn’t touch american invsco
The designer should have his/her license revoked. That’s the ugliest place ever!
Looks like there isn’t much actual space to “live” unless you just love the couch.
this place is way over-designed and leaves verry little space to actually live in.
You can see the quality and expense of the kitchen finishes but they are just so off-putting when put together. Its so intense and lacks cohesion.
Its evident throughout this place that the design lacked restraint, focus, or clear direction.
“why three pictures of that crazy mirror”
Well, it is a *really* expensive mirror.
I second (or third or whatever) the “stay away from Invsco buildings” thing.
Stay away. Even without figuring in the American Invsco factor, it’s a bad building. It is a poorly constructed building designed for low to moderate priced rentals. Putting the seller’s taste aside, the unit is overly improved for the quality of the building.
I don’t think that this unit that that bad, it’s a little overdone, but when the bar is set by the 2015 fullerton unit, this place is merely tacky.
1) are those murphys beds? Why are they set back?
2) tv in the bathroom is too much.
3) x-mas tree is a nice touch, you gotta admit, that does look pretty cool
4) the kitchen is obviously never used because why get grease/oil/splatterings over the nice stuff,
5) this is most definitely the wrong building to do this design in. i think that’s the bigger issue with this unit, rather than the design itself (Which like i said is merely tacky, but not too overthetop). this design in a different building would command a much better price. This unit is in the loop business district, not the gold coast or streeterville where it belongs. mcdonald’s and burrito buggy is across the street for goodness sakes.
Good god am I the only one that thinks that antique wood everywhere looks like shit? It would cost a hundred K just to get the ugly shit out of this house! Oh and invsco? 1.25 million for this place? HAHAHAHA no.
“Well, it is a *really* expensive mirror.”
and wouldnt the owners take the mirror with them? so the relevance of the three pictures of it in the listing means…….?
now a 3/3 fully decked out, remote controled solar blinds and wired up the wazoooo for only 650k how is this not a deal?
i like this place except for the fact it was done in an american invsco building. $350 per sq ft seems reasonable. could it go lower? perhaps a touch. laughable when they listed this at $1.25mm – trump style on a per sq ft basis.
The place is too nice for the building. No one who spends that kind of money wants INVSCO owners as neighbors. If you are going to spend $1.2 on a place, it is going to be in a building that is full of $1.2 million places, not former rental units and wannabe RE investors.
“If you are going to spend $1.2 on a place, it is going to be in a building that is full of $1.2 million places”
Well, yeah, but that’s a big part of why it’s now listed for $650, right?
yeah… that is what I meant.
“And the listing says the seller is “motivated.””
i wonder…maybe the two units separately each cost 350k and the custom reno at minimum cost 150k (i am low balling figures here)
look as though the seller is gonna take one where the sun dont shine
I’m missing the fridge here and can’t figure out what they did with it. One of those new-fangled hidden things perhaps?
For those kinds of people looking for over-styled places on minimalist budgets is this a deal at 649? (and yes the 1+ M is rediculous but in the past now)
Bad interior/bad design. A parody.
This kind of reminds me of the $600k+ Uptown condos and the $500k Humbolt Park houses. Wrong neighborhood/building for a luxury home. The main problem with this building is that it started as a mid/low end rental tower and was then converted by the worst condo converter in town.
With space like this, a very nice condo could have been created if not for the extremely gaudy decor.
this place stinkis of “Gracious Living!”, and not in a good way.
Did they PhotoShop that Xmas tree into the living room? gah.
Where’s the refrigerator hiding in that kitchen, as well? I think it was a stylistic blunder to try to shoehorn “antique” decor into a clearly minimal modernist space. Just un-remuddling this space will cost a pretty penny.
I have seen this unit in April, I thought they are crazy to have that price, I told the listing agent since I knew them, but since they want to take the listing, they did not care about the price is sky high. Even with the discount, I do not think they could sell. Maybe after another $100,000 deduction.
They did not need to bother with a refrigarator. The great news is that the designer also converted the 2 car parking area…….into a barn for thier chickens and cows! Now that is commitment to the country look. Yeeeech! The spouse that wanted this look should have just moved to Barrington instead of trying to build Barrington downtown.
Good luck ya’all. See ya at the next barn raising party. Next time let’s do it outstde 294
$100/sf foot max for this or any other unit in 200 n dearborn. American Invsco owners/principals/employees/etc… are far worse than any wall street robber barren that ever walked the face of this earth
Okay, yahoos. The reason for the three pictures of the mirror? Last pic shows the inlaid circular floor design in front of the mirror, the 2nd to last picture shows a nice reflection view, and the first mirror pic also shows a nice reflection view, different angle. And you see the X-Mas tree peeking, too. I can see no designers are looking at this home—it’s gorgeous and top-quality. The bathrooms are also beautifully done and certainly not over the top. For every lousy comment I see about the interior, I’d love to see YOUR home. And no, I don’t know the owners and I’m not the designer. Quit nit picking about flat screen TV’s everywhere, etc. So what? Focus on the bones of this unit, not the accessories the stager staged (but Christmas is wonderful touch!). The staging doesn’t take away from the beautiful touches throughout, and for the most part, enhances it.