5-Bedroom Gold Coast Penthouse with Terrace Reduces to $3.595 Million: 1320 N. State Parkway
This 5-bedroom vintage duplex penthouse in 1320 N. State Parkway in the Gold Coast came on the market in April 2024.
1320 N. State Parkway was designed by Robert S. De Goyler in 1927. It has 40 units and a brick and limestone façade. There’s no parking with the building.
It is a co-op building with a doorman, bike storage, a newly renovated exercise room, a communal courtyard with tables, grills and a garden, a new residents lounge and individual mail delivery to each apartment. It has an on-site manager and engineering staff. There’s also large private storage.
The listing says this penthouse has only had 3 owners in the last 99 years. It was apparently once the home of silent film icon Colleen Moore.
It has a dramatic 2-story living room with a wood burning fireplace, linenfold paneling and an ornamental plaster barrel vaulted ceiling.
The oversized windows open directly onto a “rare” 61-foot private terrace.
The dining room is also paneled and the listing says it can fit up to 20 guests.
There’s a sunroom and a rich paneled library with a gas fireplace and an original speakeasy-style bar concealed behind movable bookcases.
There’s also a playroom and an office.
The white eat-in kitchen has luxury stainless steel appliances and an island and opens to a family room with a beamed ceiling and gas fireplace.
There’s a temperature controlled wine closet.
Four of the five bedrooms are on the second floor, including the primary bedroom.
The primary bedroom has a gas fireplace, dual dressing rooms, and an en suite bathroom.
The unit has some of the features that buyers look for including dual laundry centers, central air, and there is valet parking available across the street for extra.
This building is near the shops and restaurants of the Gold Coast, Rush Street and Old Town. Oak Street Beach is also nearby as is Lincoln Park.
Originally listed in April 2024 for $4.35 million, it has been reduced twice and is now listed at $3.595 million.
The HOAs are $12,393 a month which includes all of the on-site staff including door staff, manager and engineers and the taxes.
At 7,750 square feet, is this a deal for the square footage?
Jenny Ames at Engel & Voelkers has the listing. See the pictures, video and floor plan here.
Unit #14-15CD: 5 bedrooms, 5 full baths, 2 half baths, 7750 square feet, duplex up, penthouse
- I can’t find the original price as it’s a co-op
- Only 3 owners since 1927
- Originally listed in April 2024 for $4.35 million
- Reduced twice
- Currently listed at $3.595 million
- Assessments of $12,393 a month (heat, gas, doorman, cable, exercise room, exterior maintenance, lawn care, scavenger, snow removal, Internet)
- Taxes are included in the assessment (it’s a co-op)
- Central Air
- Washer/dryer in the unit
- Valet parking is available to rent across the street
- 4 fireplaces (family room, wood burning in the living room, primary suite, library)
- Speakeasy-style bar hidden behind bookcases
- Temperature controlled wine closet
- Bedroom #1: 21×17 (second floor)
- Bedroom #2: 14×20 (second floor)
- Bedroom #3: 13×18 (second floor)
- Bedroom #4: 14×15 (second floor)
- Bedroom #5: 19×10 (main floor)
- Family room: 14×14 (main floor)
- Dining room: 29×17 (main floor)
- Kitchen: 14×17 (main floor)
- Living room: 29×16 (main floor)
- Breakfast room: 13×8 (main floor)
- Playroom: 27×11 (second floor)
- Sunroom: 10×19 (main floor)
- Walk-in-Closet: 8×12 (second floor)
- Library: 19×10 (main floor)
- Office: 15×8 (main floor)
- Deck: 8×11 (second floor)
- Terrace: 61×9 (main floor)

Great post. Love seeing places like this!
When I see places like this, I think: might as well move to NYC and just do it right. Chicago can’t pull of this lifestyle.