This 2-bedroom plus a den at River Place on the Park at 700 N. Larrabee in River North just came on the market.
Built in 2006, at the peak of the housing boom, the building has 220 units and sits on the Chicago River.
This is a Southeast corner unit with city views east of the John Hancock and southern views of the Chicago River and the Willis Tower/Loop.
It has 10 foot floor to ceiling windows with custom shades and a balcony.
The kitchen has cherry cabinets, black granite counter tops and stainless steel appliances.
There’s a slate fireplace.
It has all the features buyers look for including central air, washer/dryer in the unit and garage parking for $30,000 extra.
This is apparently the first sale since the original sale of this unit in 2006.
It is listed at $605,000, including the parking, or $175,000 more than the 2006 bubble price of $430,000.
Will this seller get the premium?
Michael Rosenblum at Berkshire Hathaway KoenigRubloff has the listing. See the pictures here.
Unit #1809: 2 bedrooms, 2 baths, den, 1245 square feet
- Sold in December 2006 for $430,000 (included the parking)
- Currently listed for $575,000 plus $30,000 for parking
- Assessments of $635 a month (includes heat, air conditioning, cable, doorman)
- Taxes of $6575
- Central Air
- Washer/Dryer in the unit
- Bedroom #1: 13×12
- Bedroom #2: 12×11
- Den: 8×8