An Almost New Ranquist 2-Bedroom with a Rooftop Deck: 2016 W. Rice in Ukrainian Village
This 2-bedroom in 2016 W. Rice in Ukrainian Village came on the market in May 2020.
This building is a Ranquist development and was constructed in 2019. It has 8 units and garage parking.
This unit is a simplex penthouse.
It has the modern finishes that Ranquist is known for.
There are light hardwood floors throughout giving it that California look.
The kitchen has custom white and black (or gray?) modern cabinets with Bosch and Thermador appliances along with a big kitchen island that seats 4.
There’s a master suite with a walk-in-closet and a spa style bath with Ann Sacks tile.
The unit has the modern floating bathroom vanities and white, black and gray motif that is popular right now.
If you like outdoor space, this unit has two spaces including a large 25×10 terrace off the living room/kitchen and a private 20×15 rooftop deck.
It has the finishes buyers look for including central air, washer/dryer in the unit and 1-car garage parking.
Originally bought in February of last year for $704,800, it has come back on the market at $724,900.
This building sold out quickly last year.
Will the first resale do the same?
Mark Icuss at Compass has the listing. See the pictures here.
Unit #301: 2 bedrooms, 2 baths, no square footage listed, simplex
- Sold in February 2019 for $704,800 (according to Redfin)
- Originally listed in May 2020 for $724,900
- Currently still listed at $724,900 (garage parking included)
- Assessments of $321 a month (includes scavenger, snow removal)
- Taxes are not listed
- Central Air
- Washer/dryer in the unit
- Bedroom #1: 16×12
- Bedroom #2: 10×12
- Living room: 17×18
- Dining room: 14×9
- Kitchen: 14×12
- Walk-in-closet: 6×6
- Terrace: 25×10
- Rooftop deck: 23×12
“ California look“ – LOFL
if you’re buying this it’s for the outdoor space.
While not a fan of the finishes, it looks pretty well done
having lived in a newly built ranquist property, the construction quality of their recent builds is pretty poor, basically CMKesque
perhaps this person is finding some of the really fun and expensive corners they cut
“having lived in a newly built ranquist property, the construction quality of their recent builds is pretty poor, basically CMKesque”
What areas we’re poor?
I at least gave them credit for having grilles over the windows
Curious, when there’s a decent-sized balcony on the same level as the living space — how often to people really use their private roof decks? Is it just a few times a year for parties, or do they go up there day-to-day? Anyone here regret spending extra for a largely unused roof deck?
The roof deck seems to be a key feature of this property. Why the heck didn’t they stage it?
“a designer kitchen”
Is that code for “incredibly awkward to actually cook in”? It does look nice, for what it is.
eh ok place if it was like 2017 and people were optimistc. Rather have a gorgeous house and land in Highland Park for that than be surrounded by nasty alleys.
Concrete/masonry/cinder separation or no thanks. Hearing your neighbors banging is for college dorms, not 700k units.
Interior is pretty attractive. I like the light, airy feel. I do wonder if that exterior stairway right outside has a lot of foot traffic. Wouldn’t want people to be looking in my windows so easily.
I wouldn’t personally pay this much for this location. Being on an alley with telephone poles also isn’t too appealing. But maybe if you love Ukranian Village…
“eh ok place if it was like 2017 and people were optimistc. Rather have a gorgeous house and land in Highland Park for that than be surrounded by nasty alleys.”
City living. Lots of alleys.
I wanted to post on something in Bucktown, Wicker Park or Ukrainian Village this week and had a hard time finding a property that wasn’t under contract. At all price points.
Those neighborhoods appear to be super hot right now. Or maybe it’s just the really low inventory, so it seems hot as there are 25% fewer properties than normal.
“The roof deck seems to be a key feature of this property. Why the heck didn’t they stage it?”
I was wondering the same thing. With nothing up there, it doesn’t seem very inviting.
“how often to people really use their private roof decks? Is it just a few times a year for parties, or do they go up there day-to-day? Anyone here regret spending extra for a largely unused roof deck?”
I think it depends on how it’s built out. If there is simply a deck up there with nothing else, then people don’t use them much. It gets blazing hot up there in the summer. You need some kind of shelter built in. A pergola or something similar.
But building out a rooftop deck actually costs money and most don’t spend on it. It’s also hard to keep plants, even flowers, alive on a rooftop deck with no shade or shelter. Again, the sun does them in.
Also depends on if there is electric and water up there. In a new build, you’d think they’d put it in.
“I do wonder if that exterior stairway right outside has a lot of foot traffic.”
It’s not on a major street, Dan #2. So it’s like any other Chicago neighborhood street. Those walking by are dog walkers. Some kids on their bikes. The Amazon delivery guy. That’s about it.
“I wanted to post on something in Bucktown”
how about this one that just came on the market.
https://www.redfin.com/IL/Chicago/2113-W-Shakespeare-Ave-60647/home/13357294
“how often to people really use their private roof decks? Is it just a few times a year for parties, or do they go up there day-to-day? Anyone here regret spending extra for a largely unused roof deck?”
8 months of the year, hardly, unless you let the dogs out or smoke cigs. If it involves stairs, forget it. People buy places with a fantasy their lives will be different, but nothing changes, no “parties” they never had. Good times are because of people, not decks.
This is a cool unit. NOt sure $700+ is worth it for 2 bd.
“eh ok place if it was like 2017 and people were optimistc. Rather have a gorgeous house and land in Highland Park for that than be surrounded by nasty alleys.”
Wow, Sabrina is going to be cranking up the propaganda, this very quote could represent the turning point. Could be. Still, the city is more interesting and more fulfilling of a life than the burbs. The city is never boring.
“Still, the city is more interesting and more fulfilling of a life than the burbs. The city is never boring.”
Disagree. Have you lived in the city these past few months? It is beyond boring. People take walks and comment on trees. It’s been pretty boring.
“how often to people really use their private roof decks? Is it just a few times a year for parties, or do they go up there day-to-day? Anyone here regret spending extra for a largely unused roof deck?””
I lived in a townhome complex that had rooftop decks, literally nobody used them except at night sometimes (too hot during the day) and some spent upwards of like $30-50k to “deck” them out completely
I used my front and side yard a million times more
“I lived in a townhome complex that had rooftop decks, literally nobody used them except at night sometimes (too hot during the day) and some spent upwards of like $30-50k to “deck” them out completely”
Thanks for checking in with your own experience Sonies. It gets a lot hotter than people realize, especially the ones that are just slabs of wood and nothing else. You really need to build a pergola, at a minimum. It all costs money and most people buying a $400,000 to $600,000 place just really don’t have the money to deck it out.
People hate to do renovations or spend money. And they don’t realize that it actually can cost up to $100,000 to deck out a deck. Lol. Even those big patios in high rises are rarely landscaped or decked out correctly because that costs a lot of money. They remain a big slab of concrete many times.
“People hate to do renovations or spend money. And they don’t realize that it actually can cost up to $100,000 to deck out a deck. Lol. Even those big patios in high rises are rarely landscaped or decked out correctly because that costs a lot of money. They remain a big slab of concrete many times.”
$100k? LOFL
Pro tip – you don’t need to start w/ a Napoleon grill, a built in pizza stove and Ultra Lux patio furniture.
A Weber Genesis or Traeger, a Pizza stone & Menards patio furniture are a start. Some cedar lumber and a weekends worth of worth labor and you’ve got a good start
“Menards patio furniture”
Some people here look down on deplorable businesses like Menards…
“$100k? LOFL”
Yep. Building out a structure on the rooftop is expensive. Also is adding landscaping that has proper water etc. I wasn’t even talking about the furniture, grills etc. although you could get an outdoor kitchen installed for that amount.
Redoing roofs, or outdoor spaces, in general, with a landscape architect/builder, is expensive.
A Taj Mahal of a garage on a standard lot costs roughly $200k. I know this because I’ve seen them built. That’s with it’s own HVAC, highest quality decking wood, lot line to lot line structure, new concrete pour foundation, custom iron staircases and railings throughout, gas lines for the built in gas grill. The patio furniture is extra; room and board has high quality but pricey
https://www.roomandboard.com/catalog/outdoor/all-lounge-seating
“A Taj Mahal of a garage on a standard lot costs roughly $200k.”
On a 25′ lot? That’s a contractor who is making enough to build one for himself, too!
And of course you need a new foundation, as a normal garage doesn’t have structural footings.
“Napoleon grill”
pfft, if you’re doing it big, go actually big–full Kalamazoo kitchen!
““A Taj Mahal of a garage on a standard lot costs roughly $200k.”
On a 25? lot? That’s a contractor who is making enough to build one for himself, too!
Says the guy who has never intimately been involved in the construction of a taj majal of a garage.
“I know this because I’ve seen them built.”
So have I.
And I’ve asked the guy writing the checks how much it cost, and had a reluctant response (had to convince him I wanted to know if it was remotely practical for *me*, not blab about how much $$ he has) of it being in the ballpark of half that.
also: how is “seeing them built” code for “intimately involved in the construction”?
“Some people here look down on deplorable businesses like Menards”
I hate them because they way they do business, they’re even shittier than Walmart
““Napoleon grill”
pfft, if you’re doing it big, go actually big–full Kalamazoo kitchen!”
I’m one of the poors and don’t hang around in that rarified air
“I think it depends on how it’s built out. If there is simply a deck up there with nothing else, then people don’t use them much.”
I completely agree with this. For the people that just put up a pergola and a sectional couch don’t use them that often. For those that have built-in kitchens, gas fireplaces, permanent shade, beautiful landscaping, etc., use them often.
“Yep. Building out a structure on the rooftop is expensive. Also is adding landscaping that has proper water etc. I wasn’t even talking about the furniture, grills etc. although you could get an outdoor kitchen installed for that amount.
Redoing roofs, or outdoor spaces, in general, with a landscape architect/builder, is expensive.”
JFC, can you not move the goalposts 1 time?
Yeah if you’re talking about structural modifications and re-doing the roofing you’re in that range, but that’s not what we were talking about, now is it? We were talking about existing roof top decks.
What kinda landscaping is expected in a 500-750k condo? Hell get one of these, problem solved – https://www.homedepot.com/p/Bloem-2-5-Gallon-Honey-Dew-Watering-Can-Plastic-Deluxe-DWC2-25/301861449?mtc=&cm_mmc=—&msclkid=9bb96202652217402bcd3ce1a3911239&gclid=CLfsqbvx_OkCFeiOxQIdYgADOQ&gclsrc=ds
Though you personally might not want to waddle up a flight of stairs to water a few planters, its completely doable. Hell get a rain barrel and a catchment system (Metal roofing and gutter) and you’d only have to waddle up a couple of times a year. Kill 2 birds with 1 stone – Shade and water
You are such a dolt.
Funny enough it was against HOA regulations to put a pergola up on your rooftop deck as it might block someone’s views lol
you couldn’t have anything up there, someone got in trouble for having a small tree on their rooftop deck in a built in planter box
so yeah nobody used them
“don’t hang around in that rarified air”
Nor I–I don’t think I’ve ever been in the presence of a K’zoo product at someone’s home.
But if I were going to spend $100k on spiffing up an existing gator deck, that’s where a lot of the $$ would go.
“you couldn’t have anything up there, someone got in trouble for having a small tree on their rooftop deck in a built in planter box”
That’s miles beyond stupid. Basically means they’ll only get used for sunbathing and smoking.
I have always thought that for a roof deck to get genuinely used, you need (at least) a wet bar and half bath on the same level–basically a cabana-sized and equipped space, rather than just a landing. The closer to a full rec room, the more likely it will be integral to use.
“We were talking about existing roof top decks.”
Yep. There’s a lot of “existing” decks that need real work including an outdoor kitchen, pergola, landscaping etc. KK asked if people use them. We all said they can get hot unless they’re built out.
Some developers build them out. For $700,000, I would have thought this developer would have done so- at least with some kind of outdoor kitchen.
That’s all we were talking about.
It’s expensive to have a true rooftop deck that people dream about. It costs a lot to build out. Most don’t do it even if they THINK they will spend the money after they buy the place.
Same reason that those units with “roof rights” never build the deck.
Even just landscaping is tremendously expensive. It’s hard to keep flowers alive on those decks. You need the help of a landscape architect.
I have a roofdeck and use it nearly every non-rainy day May-October (occasionally into November). I had my coffee on the deck this morning (wrapped in a blanket and wearing xmas-themed slipper socks — it’s cold out there today!)
Ours is pretty basic, but does have a large pergola-like structure that we put a shade sail over; that, along with a couple of umbrellas, provides a decent amount of shade. Without shade, it would be unbearable.
We have water and electric on the deck, but nothing fancy like a wet bar or outdoor kitchen.
The deck is pretty old (built 2001-2002), and we’ve gotten some estimates on the cost of replacing – with a shaded area, some planters and a small wet bar, you’re looking at $100k easily. If you want an outdoor kitchen and half bath, you could probably double that.
As for spending $100K to build out/trick out an existing deck – you’d probably get close to that if you needed to build a pergola, add lighting (damn, outdoor lighting is expensive!!), and put in a wet bar. But don’t underestimate the money it takes to make it comfortable. Even Menard’s furniture will set you back a couple grand.
I don’t exactly have a green thumb, but it’s really hard to get things to grow up there. The last several years, I’ve stuck to marigolds and lavender, with a small spice garden (my basil is NOT doing well this year).
I know I’ve posted before about all the decks I can see from mine and how they are virtually always empty. This year, with everyone stuck at home, they seem to be getting a little more use, but not nearly as much as I would’ve thought.
“That’s miles beyond stupid. Basically means they’ll only get used for sunbathing and smoking.”
yep, which when my neighbor across the way asked me if I was going to build mine out I kind of chuckled… they didn’t have a nice yard and side yard like mine so I get it, but I’m yeah not dropping 30-50k on something and not able to put up any sort of shade structure or kitchen or pretty much anything I want to do, god I fucking hate HOA’s
so nice to live without one now
“I have a roofdeck and use it nearly every non-rainy day May-October (occasionally into November). I had my coffee on the deck this morning (wrapped in a blanket and wearing xmas-themed slipper socks — it’s cold out there today!)
Ours is pretty basic, but does have a large pergola-like structure that we put a shade sail over; that, along with a couple of umbrellas, provides a decent amount of shade. Without shade, it would be unbearable.”
I had a roofdeck for years, and didn’t use it nearly as much as I expected to, but I did like it, basic as it was. You could see fireworks from a number of neighborhood displays, so it was a pleasant place for a 4th of July get together, and some other small parties involved it (it was accessible through an upstairs family room, although it had no built in wet bar). It was a nice place to have dinner in the evening when it was cooler (in the summer or fall). The roof itself was a wrap around with views of Wrigley (not close enough to see the games, of course) and the skyline, but it had no amenities at all, not even a pergola.
In the summers we sometimes would sunbathe for a while or read out there, and the nextdoor neighbors (the other half of the roof) grilled out there all the time and also had more parties out there, so some use them. The heat in the summer was definitely an issue, though, which is why we mainly used it in the mornings and evenings or for a short time.
I successfully container gardened up there, however, it’s definitely not impossible, although some summers it required watering tomatoes and some other veg twice a day. On balance I did like it, but for me it wasn’t worth the amount it likely added to the buying and selling amounts (although of course those evened out, so I can’t complain) — at least not if an alternative place still has some reasonable outdoor space. In my old building, however, the only other outdoor space we had (and that those without the roofdecks had) was a balcony off the master bedroom that looked over the parking lot, so the roofdeck was definitely preferable.
“It’s expensive to have a true rooftop deck that people dream about. It costs a lot to build out. Most don’t do it even if they THINK they will spend the money after they buy the place.“
No shit a “dream” RTD, is going to cost a ton, just like a dream house, dream car, dream boat, etc. but that doesn’t mean you can do something fully functional with out breaking the bank, to state otherwise is just foolishness.
And save the BS, you wern’t talking about a “dream” deck
“Some developers build them out. For $700,000, I would have thought this developer would have done so- at least with some kind of outdoor kitchen.“
LOFL for $700k?
I live in a manor house with outdoor space on all three main living levels, but it is our Roof deck that we could not live without. I have a huge veggie garden in raised beds, and we have super comfy furniture with umbrellas. It is ten degrees hotter four floors up, and the wind can sometimes be strong, but from May-November, that is where we LIVE. Same with our next door neighbors. It is the greatest joy packed with views and privacy…which is hard to come by in the city!
“I have a huge veggie garden in raised beds, and we have super comfy furniture with umbrellas.”
Sounds fantastic NONA. That’s the city life.
Is it a smaller roof deck then? I feel like the smaller ones that only fit a table and chair might be more usable than a huge slab of empty wood across the entire rooftop.
“I know I’ve posted before about all the decks I can see from mine and how they are virtually always empty. This year, with everyone stuck at home, they seem to be getting a little more use, but not nearly as much as I would’ve thought.”
Thanks for the insight Madeline.
Yeah- it’s not cheap to really deck them out. It’s WAY more expensive than most people assume depending on the size and age of the building. That’s why I’m surprised this new building didn’t already deck it out with everything. The time to do it is in the new build and many luxury buildings have done it. Maybe it was an upgrade for the original buyer, however, and they decided to pass.
https://www.redfin.com/IL/Chicago/1700-W-Division-St-60622/unit-4/home/12589588
Speaking of roof decks, this one seems pretty great, but it seems to be for sale perennially. I wonder what’s wrong with it.
“Speaking of roof decks, this one seems pretty great, but it seems to be for sale perennially. I wonder what’s wrong with it.”
It came on the market last September. Went under contract in February but fell out. Came back on but the pandemic was happening. Has now reduced a little bit.
It’s a million dollar property. There’s lots of new construction competition all over the neighborhood. Maybe not enough buyers at the million dollar level? The developers seem to think there is though.
https://www.redfin.com/IL/Chicago/1700-W-Division-St-60622/unit-4/home/12589588
Speaking of roof decks, this one seems pretty great, but it seems to be for sale perennially. I wonder what’s wrong with it.
I toured this place a month or two ago!
What’s wrong with it? It’s a fourth floor walk up for close to a mil. Had there been an elevator, I would’ve seriously considered it.
Other considerations: WPAC a block SE is a single story. If that lot were to be developed into any sort of high rise, there goes your view. And considering that the view is such a draw in this unit (unobstructed skyline view from the kitchen/great room area, as well as outside spaces), I’d be stressed about that possibility in perpetuity.
“I toured this place a month or two ago!
What’s wrong with it? It’s a fourth floor walk up for close to a mil. Had there been an elevator, I would’ve seriously considered it.”
No small building like this has an elevator. There’s no room for one. The only ones I’ve seen are in 6 to 8 unit buildings. And even then they don’t always have it. Also, the cost of an elevator in a small building is prohibitive, depending on the price points.
Views are never guaranteed in the city. No matter where you live.
Buyer beware.