One Bedroom in Benjamin Marshall Classic on Lincoln Park

1550-n-state-parkway.jpg1550-n-state-parkway-_504-molding.jpg1550-n-state-parkway-_504-bathroom.jpg1550-n-state-parkway-_504-kitchen.jpg1550-n-state-parkway-_504-livingroom.jpg 

You don’t see many units come available in Benjamin Marshall’s classic building at 1550 N. State Parkway – which is actually on Lincoln Park in the Gold Coast.  There are only 28 units in the building.  Only three units have sold in the last three years.  A 6,000 square foot duplex is for sale for $3.999 million.

Even more rare is to have a one bedroom for sale.

Unit #504: 1 bedroom, 1 bath, 1100 square feet

  • Currently listed for $525,000

True vintage lovers may overlook the drawbacks such as no parking (leased nearby) and no in-unit laundry.  (Although it appears you may be able to install the washer/dryer.)  Assessments are also pricey at $1016 a month.

The listing says it has four exposures and true to the old vintage style it actually has a separate fullsized dining room.

Prudential Preferred has the listing.

[Editor’s Update: Some readers have informed me that this unit HAS sold recently.  I missed these prior sales due to the different spellings of the address.  Sorry! 

  • Previously sold for $255,000 in February 2006
  • Previously sold for $490,000 in February 2007

I’m assuming that seller #1 renovated the unit and flipped it to seller #2 in February of this year.  

So this unit should have also been listed as a Flipper Alert!  Still beautiful, but expensive, vintage.]

4 Responses to “One Bedroom in Benjamin Marshall Classic on Lincoln Park”

  1. streeterville realtor on September 24th, 2007 at 8:32 pm

    this sold for 255K in 2005. What a ripoff

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  2. How much do you think is worth it? I like but unsure how much to offer.

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  3. Streeterville Realtor on December 21st, 2008 at 7:20 pm

    Closed for 490K on 2/22/07

    and

    Closed for 515K on 5/12/08

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