Looking for the Concrete Modern Look in River North? A 2/2 at 630 N. Franklin

630 n franklin approved

This 2-bedroom at 630 N. Franklin in River North came on the market in December 2016.

Built in 2005, it has 165 units.

It was built with exposed concrete ceilings and walls as part of the aesthetic.

This unit has 10 foot concrete ceilings and some exposed concrete walls along with wood floors in the living room and kitchen.

There’s a south facing balcony off the bedroom.

The master suite, which has an attached bathroom, has a south facing window.

The second bedroom doesn’t have a window.

The kitchen has maple cabinets, granite counter tops and stainless steel appliances along with an island.

There’s central air, washer/dryer in the unit and parking in the heated garage is $25,000 extra.

This is not a doorman building.

This unit was originally listed in December for $424,900 and has been reduced. But it’s unclear if the old price included the parking or not.

The unit is now listed for $399,900 plus the parking at $25,000.

This building is right in the heart of the River North nightlife.

At 1065 square feet, is this affordable modern living in the heart of one of the hottest areas of the city?

Ross Failla at Failla Realty has the listing. See the pictures here.

Unit #901: 2 bedrooms, 2 baths, 1065 square feet

  • Sold in November 2005 for $309,500 (included the parking)
  • Sold in April 2009 for $330,000 (included the parking)
  • Sold in August 2015 for $352,500 (included the parking)
  • Originally listed in December 2016 for $424,900 (not sure if this included the parking)
  • Reduced
  • Currently listed for $399,900 (plus $25,000 for the parking)
  • Assessments of $419 a month (includes heat, gas, cable, Internet, security system, exterior maintenance, scavenger, and snow removal)
  • Taxes of $5479
  • Central Air
  • Washer/Dryer in the unit
  • Bedroom #1: 14×11
  • Bedroom #2: 13×10
  • Living room: 15×14
  • Kitchen: 14×11

 

Love the All Concrete Look? A 2/2 in 235 W. Van Buren in the Loop

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This 2-bedroom on the 22nd floor at 235 W. Van Buren in the Loop just came on the market.

Built in 2009 just as the housing bust was hitting, this is an enormous building with 714 units and a parking garage.

This unit has exposed concrete walls and a 10 foot ceiling.

The kitchen is open to the living and dining room and has euro cabinets, stainless steel appliances and granite counter tops.

It has hardwood flooring.

Only one of the two bedrooms has a window.

This unit has central air, washer/dryer in the unit and parking is $35,000 extra. The listing says it is 16 feet wide, instead of the normal 8 foot wide space.

You can walk to everything in the loop from this location and they are about to begin a big renovation construction project on the Willis Tower, just up the street, which will bring new restaurants.

Additionally, the new Riverline development is being built just south of this building.

Is the modern concrete look still “in”?

Kyle Jamicich at Coldwell Banker has the listing. See the pictures here.

Unit #2216: 2 bedrooms, 2 baths, no square footage listed

  • Sold in August 2011 for $312,000 (included the parking)
  • Currently listed at $340,000 (plus $35,000 for the extra wide parking space)
  • Assessments of $450 a month (includes heat, a/c, gas, cable, doorman, exterior maintenance, lawn care, scavenger, snow removal)
  • Taxes of $5241
  • Central Air
  • Washer/Dryer in the unit
  • Bedroom #1: 12×10
  • Bedroom #2: 11×10

 

Not Everything is Selling in a Week: A 3-Bedroom at 2650 N. Lakeview in Lincoln Park

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This 3-bedroom on the 32nd floor in 2650 N. Lakeview in Lincoln Park just came on the market.

2650 N. Lakeview was built in 1973 and has 397 units.

It’s a full service building with a doorman, valet parking in a heated garage, 2 tennis courts, an indoor pool, a roof deck and a grocery store.

This is a southeast corner unit with views of Lincoln Park and downtown.

As you can see from the pictures, it hasn’t been renovated. There is carpet throughout.

There’s central air and no in-unit washer/dryer. There’s coin laundry in the building.

This building is pet and smoke free.

This unit originally came on the market 8 months ago, in June 2016 for $749,000.

It has been reduced $20,000 to $729,000 in that time.

Unit #2410, 10 floors underneath it but with hardwood floors, sold in July 2016 for $615,000.

With inventories at record lows, what will it take to sell this unit?

Louis Virgilio at American Realty Services has the listing. See the pictures here.

Unit #3210: 3 bedrooms, 2.5 baths, 1576 square feet

  • Sold in October 1992 for $320,000
  • Sold in June 1997 for $392,000
  • Originally listed in June 2016 for $749,000
  • Reduced
  • Re-listed in February 2017 for $729,000
  • Assessments of $1101 a month (includes heat, a/c, doorman, cable, exercise room, indoor pool, exterior maintenance, lawn care, scavenger, snow removal)
  • Taxes of $9095
  • Central Air
  • No washer/dryer in the unit (not sure it can be added)
  • Parking is valet for $160 a month
  • Bedroom #1: 12×17
  • Bedroom #2: 11×13
  • Bedroom #3: 11×12

 

 

Is Helmet Jahn’s 600 N. Fairbanks Still One of the Hottest Buildings in Streeterville?

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This 2-bedroom in 600 N. Fairbanks in Streeterville just came on the market.

Designed by Helmet Jahn, it was built in 2007 and has 210 units and a parking garage.

The building has won architecture awards and it sold out quickly despite being finished during the housing bust.

This unit has south and west views with 10 foot concrete ceilings.

One of the selling points about this building was that the units weren’t “finished.” Most have gray concrete ceilings and walls.

This unit has floor to ceiling windows.

The units had upgraded standard finishes when constructed. This property has marble and glass bathrooms.

The kitchen has Italian cabinets and luxury stainless steel appliances.

It has central air, washer/dryer in the unit and parking is $50,000 extra.

This building used to be one of the hottest in Streeterville. Does it still have the buzz?

Kimberly Becker at @Properties has the listing. See the pictures here.

Unit #1307: 2 bedrooms, 2 baths, 1185 square feet

  • Sold in November 2007 for $498,000 according to Redfin (included the parking)
  • Sold in April 2014 for $657,000 (included the parking)
  • Currently listed for $649,000 (plus $50,000 for parking)
  • Assessments of $611 a month (includes a/c, cable, Internet, pool, exterior maintenance, scavenger, snow removal, doorman and pool)
  • Taxes of $8315
  • Bedroom #1: 13×13
  • Bedroom #2: 12×14

 

Tired of Renting? A 1-Bedroom Duplex in the Heart of Old Town: 200 W. Menomonee

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This 1-bedroom duplex in the Williamsburg Gardens at 200 W. Menomonee in Old Town just came on the market.

The 4-story brick building was built in 1905 and has 15 units.

The unit has tiger oak floors and crown molding along with a unique carved closet door.

There is a half bath off the living room and a renovated full bath on the second floor.

The bedroom is on the second floor with a small sitting or office area.

The kitchen has white cabinets and the listing says there are new carrara quartz countertops, a marble backsplash and stainless steel appliances.

It has a washer/dryer in the unit but no central air. There are window units. There is also no parking but there’s rental parking in the neighborhood.

This unit is in the middle of the restaurants and shops of Old Town and near several forms of public transportation.

Is this perfect for someone tired of renting?

Laurie Popovich at Berkshire Hathaway KoenigRubloff has the listing. See the pictures here.

Unit #12: 1 bedroom, 1.5 baths, 933 square feet, duplex

  • Sold in July 1990 for $121,000
  • Sold in June 1992 for $160,000
  • Sold in June 2000 for $249,000
  • Sold in July 2004 for $337,000
  • Sold in December 2012 for $260,000
  • Sold in July 2015 for $315,000
  • Currently listed for $349,900
  • Assessments of $242 a month (includes exterior maintenance, scavenger and snow removal)
  • Listing says there are $55,000 in reserves
  • No rental restrictions in the building
  • Taxes of $4583
  • No central air- window units only
  • Washer/Dryer in the unit
  • No parking
  • Bedroom: 15×14 (second floor)

A Vintage 4-Bedroom at 434 W. Oakdale Returns With Full Renovation in East Lakeview

434 w oakdale approved

This vintage 4-bedroom at 434 W. Oakdale in East Lakeview came on the market last year in May 2016.

Built in 1891, the building has 4 units.

If it looks familiar, that’s because we last chattered about it in 2011 when it was priced near the 1996 price. Back then, the agent admitted it needed a new kitchen and baths.

See our prior chatter here where many of you thought it needed $150,000 to $200,000 in work.

The current owner  has done a complete “gut renovation.”

The vintage woodwork has all been painted white, including the coffered ceiling in the dining room.

The kitchen now has solid walnut cabinets, caesarstone countertops, a carrara marble backsplash and Wolf and Subzero appliances.

The bathrooms are now natural stone and the master bathroom has an oversized spa shower with heated flooring.

The living room’s wood burning fireplace has a Nublado marble surround.

There’s a private back deck and covered parking.

The unit also has central air and side-by-side washer/dryer.

In 2011, this was a 3-bedroom unit but it’s now a 4-bedroom unit as it looks like they closed off the room next to the living room with frosted sliding doors.

After it sold in 2011 for $410,000,  just $10,000 above the 1996 price, I asked if someone got a deal on this property.

Icarus said:

“I guess if you had to pay $400K to buy this in 1996, and that was pre-bubble, then I’ll agree with Chris that it is a fair price, but not a steal. Me thinks my $400K will be better spent elsewhere.”

Jenny said:

“Seems like a very fair price to me considering the square footage and included parking. I think it has been overpriced going back as far as 1989.”

You can see our chatter here.

Originally listed in May 2016 for $849,000, or 107% higher than the 2011 purchase price, this unit was reduced until it went under contract at $775,000.

It was then withdrawn, without closing.

It’s now listed at $749,000.

I’ll ask again:

Was the 2011 a deal for this amount of space and location?

And will this lower price get the deal done?

Jeff Lowe at Berkshire Hathaway KoenigRubloff now has the listing. See the pictures here.

Or you can see it in person at the Open House on Sunday, from 11 am to 1 pm.

Unit #2: 4 bedrooms, 3 baths, 2400 square feet, covered parking

  • Sold in May 1989 for $275,000
  • Sold in May 1991
  • Sold in September 1996 for $400,000
  • Sold in September 2005 for $675,000
  • Originally listed in April 2010 for $699,900
  • Reduced
  • Was listed in March 2011 as a “short sale” for $525,000
  • Reduced
  • Was listed in April 2011 for $499,900
  • Sold in October 2011 for $410,000
  • Originally listed in May 2016 for $849,000
  • Reduced
  • Under contract in November 2016 at $775,000
  • Withdrawn
  • Re-listed for $749,000
  • Assessments are still $389 (they were $389 a month in 2011)
  • Taxes are now $8890 (they were $9794 in 2011)
  • Central Air
  • Washer/Dryer in the unit
  • Bedroom #1: 14×14
  • Bedroom #2: 13×10
  • Bedroom #3: 14×13
  • Bedroom #4: 15×10
  • Dining room: 18×13
  • Laundry room: 8×4

How High Will Prices Go in 2017? A 2-Bedroom at 110 W. Superior in River North

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This 2-bedroom at 110 W. Superior in River North just came on the market.

110 W. Superior was a new construction building in 2009, during the bust, so it took some time to sell out the building, even though there are just 57 units.

This unit is a southwest corner unit with floor-to-ceiling windows which have electronic sun shades.

It also has custom lighting with remote control and ceiling speakers.

The kitchen has Snaidero cabinets, quartz counter tops and Subzero and Wolf appliances.

The bathrooms have Snaidero and Grohe fixtures.

It has central air, washer/dryer in the unit and garage parking is included.

This unit last sold in 2013. It has come back on the market 31.6% higher, at $825,000.

At 1325 square feet, that’s $623 a square foot.

That’s a new all-high for this unit.

How high will prices go in 2017?

David Wiencek at @Properties has the listing. See the pictures here.

Unit #1402: 2 bedrooms, 2 baths, 1325 square feet

  • Sold in July 2010 for $585,000 (included parking)
  • Sold in September 2013 for $627,000 (included parking)
  • Currently listed for $825,000 (parking included)
  • Assessments of $739 a month (includes parking, doorman, exercise room, exterior maintenance, lawn care, scavenger, snow removal)
  • Taxes of $9360
  • Dual HVAC system with Nest
  • Washer/Dryer in the unit
  • Bedroom #1: 13×12
  • Bedroom #2: 10×10

 

The Spring Buying Season is Here: A 2-Bedroom Loft at 616 W. Fulton in the Fulton Market

616 w fulton approved

This 2-bedroom brick and timber loft in the China Club Lofts at 616 W. Fulton in the Fulton Market neighborhood of the West Loop came on the market in January 2016.

The China Club Lofts were converted in the 1990s and has 112 units plus a heated parking garage.

When they were originally converted, this area was pretty sparse but there are now some of the cities best restaurants and the French Market not to mention the hottest area of the city, the Fulton Market area, just blocks away.

This loft has 14 foot ceilings and dark, diagonal wood floors.

The listing says it has a custom kitchen with quartz counter tops, stainless steel appliances and a glass backsplash.

Neither bedroom has full walls, which is common in many Chicago lofts.

The loft has central air, washer/dryer in the unit and garage parking is available for $15,000.

The spring buying season “officially” starts after the Super Bowl.

With warmer than normal weather, and no snow to be seen, will buyers be out even earlier  here in Chicago?

Pasquale Recchia at @Properties has the listing. See the pictures here.

Unit #302: 2 bedrooms, 2 baths, no square footage listed

  • Sold in December 1996 for $174,000 (included parking)
  • Sold in March 2001 for $292,000 (included parking)
  • Sold in August 2012 for $277,000 (included parking)
  • Currently listed for $469,000 (parking is $15,000 extra)
  • Assessments of $434 a month (includes doorman, cable, Internet, exercise room, exterior maintenance, lawn care, scavenger, snow removal)
  • Taxes of $5101
  • Central Air
  • Washer/dryer in the unit
  • Bedroom #1: 16×12
  • Bedroom #2: 10×10

Vintage Charm in the Heart of the Gold Coast: A Studio at 1255 N. State Parkway

1255 n state parkway better

This studio in The Churchill at 1255 N. State Parkway in the Gold Coast just came on the market.

The Churchill was built in 1926 and has 66 units.

This studio has southern exposure with high ceilings and moldings.

It has oak floors throughout, including the 8×8 dining room.

The kitchen has white cabinets, counter tops and appliances.

There’s no central air, just window a/c. There’s also no in-unit washer/dryer although some units in this building do have it in the unit.

There’s no parking with the building but there’s a rental lot across the street.

In the agent notes on Redfin, one agent wrote:

“Elevator modernization complete and completing roof deck project – major special assessment.”

If you have a budget under $200,000 but want a Gold Coast location, is this a good option?

Collin Wasiak at Berkshire Hathaway KoenigRubloff has the listing. See the pictures here.

Unit #4G: studio, no square footage listed

  • Sold in April 1997 for $55,000
  • Sold in August 1998 for $85,000
  • Sold in September 2002 for $140,000
  • Sold in July 2005 for $165,000
  • Sold in July 2008 for $182,000
  • Currently listed for $169,000
  • Assessments of $735 a month (includes heat, electric, gas, cable, doorman, exterior maintenance, lawn care, scavenger, snow removal)
  • Taxes of $2817
  • No central air- window units only
  • No in-unit washer/dryer
  • No parking. Rental parking available across the street.
  • Living room: 21×13
  • Dining room: 8×8
  • Kitchen: 8×7

A 2-Bedroom Duplex Loft Under $400,000 at 3151 N. Lincoln in West Lakeview

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This 2-bedroom duplex up loft at 3151 N. Lincoln in West Lakeview just came on the market.

This building has 52 concrete lofts with a heated parking garage.

It has exposed brick and ductwork along with industrial windows.

The living/dining and kitchen are on the main floor.

The kitchen has stainless steel appliances and granite counter tops.

The two bedrooms are on the second floor with a spiral staircase in the second bedroom that accesses the private rooftop deck.

It has central air, washer/dryer in the unit and the garage parking space is included.

The new huge Whole Foods is being built directly across the street, on Belmont and Ashland.

Properties listed under $400,000 with the features buyers look for (including parking) have been selling almost immediately due to tight inventory.

This loft is having an open house on Saturday. Will it be under contract before then?

Michael Andrikanich at @Properties has the listing. See the pictures here.

Or see it at the Open House on Saturday at 12 PM.

Unit #321: 2 bedrooms, 1.5 baths, duplex, 1400 square feet

  • Sold in April 1997 for $217,000
  • Sold in May 2000 for $300,000
  • Sold in April 2002 for $310,000
  • Sold in April 2007 for $333,000
  • Currently listed for $385,000 (includes parking)
  • Central Air
  • Washer/Dryer in the unit
  • Bedroom #1: 14×15 (second floor)
  • Bedroom #2: 14×15 (second floor)
  • Private rooftop deck