Best Deal in River North: Admiral’s Pointe

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It’s grown increasingly difficult to find any affordable two bedroom condos in River North.  Most now run well over $400,000.

But if you look around, you can find decent square footage for less.  Such has always been the case with Admiral’s Pointe at 645 N. Kingsbury.  Surrounded by more glamorous neighbors such as Kingsbury on the Park and Erie on the Park by world famous architects, Admiral’s Pointe seems out of place.  No one would say it was a feat of architectural brillance.  But if you look past the ugly facade, you might be surprised at what you find inside. 

And as an owner there, you’re walking your dog down the street the same as Erie on the Park residents, right?

Admiral’s Pointe was built in 2002 and has 171 units.  It wasn’t built as  “luxury” building.  That means many of the units were “average” and many had white appliances and corian countertops.  But you can still get a two bedroom for under $400,000 with hardwood if you look.

There are currently several two bedrooms under $400,000 on the market, but one is a foreclosure that is under contract (listed for $309,000).

Unit #1602: 2 bedroom, 2 bath, 1290 square feet

  • Currently listed for $375,000 plus $50,000 for parking for a side by side double parking spot
  • Sold in August 2003 for $350,000
  • The pictures above are Unit #1602
  • Elizabeth Lowis at Baird and Warner has the listing

Admiral’s Pointe is a good “starter” condo for 20 and 30-somethings who want the River North scene.

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