A lot of people are eager to get into the latest new building in River North or Streeterville. But what about the buildings that were built in the last decade?
Some of them are in great locations right near the Mag Mile, restaurants and clubs.
630 N. State is one of them. The 27-story building was built in 2000 and has 178 units.
There are currently only five units on the market.
Unit #1008 is a two bedroom that includes the parking for under $500k. According to the older sales in the building, it would be around 2005/2006 pricing.
Unit #1008: 2 bedrooms, 2 baths, 1365 square feet
- Sold in July 2002 for $350,000
- Currently listed for $469,000 (parking included)
- Assessments of $787 a month
- Rubloff has the listing
Unit #1108, which is the same square footage and layout, sold for $456,500 in December 2005.
Is this a deal for the location?