Are Outdoor Kitchens a Must on Rooftop Terraces in 2019? 110 W. Superior in River North
This 3-bedroom in Superior 110 at 110 W. Superior in River North came on the market in April 2018.
Superior 110 is a boutique high rise built during the height of the boom in 2008.
It has 58 units and a parking garage, along with an exercise room and a doorman.
This is a half-floor unit with newly refinished hardwood floors, Lutron lighting, custom closets and motorized shades on the floor to ceiling windows.
The listing says the unit has had $225,000 in upgrades.
There are new bathrooms which have modern finishes.
The kitchen has modern white and gray cabinets, what looks like stone counter tops and luxury stainless steel appliances.
But what sets this unit apart is that it has not just one, but two large concrete decks that measure 1200 square feet.
One is off the living room and the other is off the master bedroom.
There has been new cedar paneling and cabinets installed as well as an outdoor kitchen and irrigated planters.
The unit has central air, washer/dryer in the unit and 2 garage parking spaces are included.
Originally listed in April 2018 at $1,525,000, it has been reduced $200,000 to $1,325,000.
It last sold in March 2016 for just $10,000 less at $1,315,000 without the outdoor terrace updates and other upgrades.
Is someone going to get a deal?
Katherine Malkin at Compass has the listing. See the pictures here.
Unit #703: 3 bedrooms, 2.5 baths, 2290 square feet
- Sold in November 2012 for $990,000 (included the 2 car parking)
- Sold in March 2016 for $1,315,000 (included the 2 car parking)
- Originally listed in April 2018 for $1,525,000
- Reduced
- Currently listed at $1,325,000 (includes 2 car parking)
- Assessments of $1,832 a month (includes doorman, exercise room)
- Taxes of $26,948
- Central Air
- Washer/dryer in the unit
- Bedroom #1: 16×16
- Bedroom #2: 15×12
- Bedroom #3: 16×10
- Terrace: 34×24
- Master bedroom terrace: 30×15
I’d rather have the deck as a single space.
Assume the green roof is maintained by the HOA. As a plus, you could let your hound relieve themselves without having to go to the dog run
I’d really like to see where the $225M went into.
Nice enough space. The biggest drawback, IMHO, is that there is no pool in this building.
Saw either this unit or maybe it was 701 in 2011. At the time it seemed like they were unfinished by the developer even though the project had been done for years. Definitely freaked me out about how building was finished as something clearly went wrong. Maybe money dried up and the developer walked? Don’t remember the details, though I would imagine that 7 years later, things are well sorted.
Blue windows don’t look blue from the inside, but I wasn’t a fan. Substantial outdoor space, which was completely unfinished then, is awesome and high on the unicorn list for the neighborhood.
I couldn’t live here (and not just because of the $1.3M pricetag), but I think it looks great and the outdoor space is amazing.
Surprised at the reduction, is this a sign of a weakening market, or did the buyer overpay in 2016? (could be both, I guess.)
I actually liked the bathrooms better before the reno — why do people hate bathtubs?
The paint and tiles in the bathroom are too specific, they need to neutralize the primary blues/yellows
Forget the unit itself, for a minute, and consider why the owners and their agent would put that hideous hulking big-screen TV right in the middle of the living room. Talk about a turn-off.
And no, I’m not crazy about the rest of the unit, either.
ACC posted “…At the time it seemed like they were unfinished by the developer even though the project had been done for years. Definitely freaked me out about how building was finished as something clearly went wrong. Maybe money dried up and the developer walked? Don’t remember the details…”
Iirc the worst possible thing went wrong re this development as it was getting underway. One co-developer died when he crashed his Ferrari in Crete IL. He was in his mid-30s but imo he was likely the primary money partner having taken over his family’s successful GC business. He & his co-developers were also doing two nearby developments on Superior at 150 & 101. Since the bubble was still expanding the surviving co-developers secured construction financing in ’07 iirc.
I was the original owner of the new condo. The green space is HOA maintained and NO you cannot let your dog run around.
My biggest beef with the place was the size of the master bedroom. It was small (smaller than the other units) just because of the way the outdoor space was laid out. The other complaint was that the Catholic Charities on certain days had “characters” hanging outside the building or trying to come in to use the facilities.
The construction quality was high end as were the other owners in the building. Heck, when I was there the Potbelly owner was in the penthouse living large.
What struck me as odd, was not that the unit itself was unfinished, but the parapet wall around the outdoor space wasn’t fully constructed. I remember the materials in sitting piles as they had been for years. I found that really strange since that wall is a common element and represented an aspect of original construction that just never got finished.
If that could slip through the punch list, what else did too? All of this makes more sense in light of your story about the developers.
I’m really surprised that such a cool unit with 2 parking spaces and significant outdoor space is less than $600/ft. This place is a deal.
Closed 1.215
Wow. $100,000 below the prior sales price and that’s before they put all that money into it. And then they had to pay the realtor too. Yikes.