Do You Love Private Rooftop Decks? A 3-Bedroom at 1426 N. Orleans in Old Town
This 3-bedroom in 1426 N. Orleans in Old Town came on the market in June 2015.
The building was constructed in 2001 and has just 18 units and a parking garage.
This penthouse unit has 10.5 foot ceilings.
The master suite has custom California Closets.
The kitchen has wood cabinets, stainless steel appliance and granite counter tops.
The listing says the third bedroom is currently being used as an office.
In addition to the east facing balcony that overlooks the Brown line El tracks, there is a private rooftop deck that has views of the entire downtown Chicago skyline.
Since June, this unit has been reduced $40,000 to $849,000.
Is this a deal for a 3-bedroom in the hot Old Town market?
Louise Study at Baird & Warner has the listing. See the pictures here.
Unit #602: 3 bedrooms, 2.5 baths, 2256 square feet
- Sold in July 2002 for $721,500
- Originally listed in June 2015 for $889,000
- Reduced
- Currently listed at $849,000 (includes 2 deeded garage spaces)
- Assessments of $640 a month (includes water, exercise room, exterior maintenance, scavenger, and snow removal)
- Taxes of $8607
- Central Air
- Side-by-side washer/dryer in the unit
- Private rooftop deck: 720 square feet
- Bedroom #1: 21×19
- Bedroom #2: 12×12
- Bedroom #3: 21×11
best of luck to the seller, lots of external obsolescence here in addition to not much in the way of updates.
It is really too bad that the developers that own those homes to the west chose to keep it section 8, the 30 year lease was up and they could have done the neighborhood a favor and tore them all down and built something amazing… instead they’re wasting 50 million bucks rehabbing those slums
The place seems well kept, but is looking a little long in the tooth for a property in this price range. The space is nice though. Large rooms. Even great room is huge. Legit 3 bedroom.
I’m sure being right across from the EL tracks doesn’t help despite nice city views.
Another one of those “Open Floorplan” houses. The more I look at these, the more I think this has to be a fad. Kitchen right in the living room, food smells will easily waft over to living area. “separation” of spaces just based on area rugs and placement of furniture. very lousy.
I wonder what’s so special about the foyer chandelier…
This will only sell to someone who doesn’t know the neighborhood well. A friend had an office about half a block away, at Schiller and Orleans. The crime rate, really crime wave, coming out of the nearby Marshall Field Apartments was unbelievable. Parked cars were broken into constantly. On the street, I was asked if I wanted to buy stolen electronics numerous times.
If the crime rate is a concern, this is not a good place to live.