Full Floor 4-Bedroom Vintage Penthouse with Parking: 707 W. Junior Terrace in Buena Park
This 4-bedroom penthouse in 707 W. Junior Terrace in Buena Park neighborhood of Uptown came on the market in November 2023. (I don’t have my own picture of this building yet. Sorry.)
Built in 1929, 707 W. Junior Terrace has just 15 units. There doesn’t appear to be any amenities or door staff.
This is a 2-story full floor penthouse.
The listing says it has 360 degree views of Montrose Harbor, Lake Michigan, sunsets and Lincoln Park through arched windows.
It has hardwood floors throughout and 12 foot ceilings.
The main floor has coffered wood ceilings in the living and dining rooms.
There’s a chef’s kitchen with black cabinets and a La Cornuce range.
The listing says the bathrooms are “updated.”
Three of the bedrooms are on the main level, including the primary bedroom.
The fourth bedroom is on the second floor along with a 1500 square foot private roof terrace.
This unit has the features buyers look for, and which are sometimes rare with vintage units, including washer/dryer in the unit and garage parking.
There’s shops and restaurants nearby in Buena Park, including a Dollop Coffee. The building is also near the Peace Garden.
Listed in November 2023 for $1,749,000, it is still listed at $1,749,000.
At 4,000 square feet, is this a single family home replacement?
Michael O’Connor at Dream Town Real Estate has the listing. See the pictures and floor plan here.
Unit #PH-12: 4 bedrooms, 3.5 baths, 4000 square feet, duplex penthouse
- Sold in January 1979 for $34,500
- Sold in July 1992 for $360,000
- Sold in February 2003 for $765,000
- Listed in November 2023 for $1.749 million
- Currently still listed at $1.749 million
- Assessments of $2950 a month (includes heat, gas, parking, exterior maintenance, lawn care, scavenger, snow removal)
- Taxes of $11,685
- Central Air/Space Pac
- Washer/dryer in the unit
- Garage parking included (in the building???)
- There’s a fireplace in the living room but not sure if it’s operating
- Bedroom #1: 22×14 (main floor)
- Bedroom #2: 23×20 (main floor)
- Bedroom #3: 12×11 (main floor)
- Bedroom #4: 34×23 (second floor)
- Living room: 28×27 (main floor)
- Kitchen: 17×27 (main floor)
- Laundry room: 4×3 (main floor)
- Deck: 30×50 (second floor)
I count two bedrooms–the maids room, and the two room monstrousity of a primary.
The upstairs terrace access room is large enough to be terrace access *and* a bedroom, but isn’t currently.
Tandem bedrooms are only one bedroom at anything close to the asking price. And, anyway, the anteroom doesn’t have a closet (furnace room don’t count at $1.75m).
I like it generally, and would like the location a lot if I had a boat. But other than the kitchen and maybe 3 of the baths, it looks like a $1.75m project condo in Uptown–the terrace alone is going to be what? $500k? to get right.
ps: HOA = $3k per month. For heat and reserves. I’m sure it’s justified, but still *ouch*.
Lots of potential and a very unique space. Great views
Agree w/tfo – this is a 2BR and really a 1BR + Guest BR
Layout of the 2BR MBR is ass backwards. I guess if you’re one of those people it could be a giant closet/dressing room. Too bad the FP is in that room
As is, its a killer 2BR party/entertaining pad
Based on Pergola pricing the exterior is $250 to bring up to snuff. I/S is what ever your heart desires
“But other than the kitchen and maybe 3 of the baths, it looks like a $1.75m project condo in Uptown–the terrace alone is going to be what? $500k? to get right.”
Don’t know on the terrace. It’s on top of a 100 year old building. It’s going to be expensive. Interior work seems like the bigger deal, to me.
Is the parking on-stie? If it is, that’s a big perk. It probably has the only parking space in the building.
“ps: HOA = $3k per month. For heat and reserves. I’m sure it’s justified, but still *ouch*.”
I can’t imagine the expense of maintaining a 100 year old building in this climate that close to the lake. You would need several million in reserves.
Previously featured 5th floor (full floor) unit:
https://cribchatter.com/own-this-3-bedroom-full-floor-vintage-beauty-707-w-junior-terrace-in-buena-park/
Sold in July 2006 for $690,000
Originally listed in February 2009 for $839,000
Finally sold Sep-13 for $450k
Re-sold Jun-21 for $615k.
Do people who can afford this really want to live in that location?
“Do people who can afford this really want to live in that location?”
Obv the SFHs on Hutchinson are quite different in potential buyer, but they are (i) in that location, and (ii) approximately the same for ‘affordability’, and do in fact sell when they come on the market.
I think it’s this location in this condition at this price. Think it’s a unicorn buyer at anything over (maybe) $1.2m, (maybe) $1.0m.
An amazing, one of a kind space. But seems more like a museum piece than somewhere to live. It’s going to take a while to find a buyer.
An amazing, one of a kind space. But seems more like a museum piece than somewhere to live. It’s going to take a while to find a buyer.
Cavernous and Confused!
The elegant arched windows and fireplace make me wonder what beautiful plasterwork they tore out in making this weird penthouse.
The clash of styles is what’s hard for me to take. It has some vintage features preserved, but also a modern loft feel with a Mediterranean style terrace. On top of the aforementioned layout issues of not many BRs, going to take someone unique who wants a place this big in this location. It is unique, I’ll give it that. But would MUCH rather have a large vintage (preserved) SFH nearby if I was targeting that area of the city to live. And with that HOA, you can get a pretty nice house for the same monthly cost.
“But would MUCH rather have a large vintage (preserved) SFH nearby if I was targeting that area of the city to live. And with that HOA, you can get a pretty nice house for the same monthly cost.”
A little further north, but almost the same monthly:
https://www.redfin.com/IL/Chicago/819-W-Castlewood-Ter-60640/home/13397890
Also laid out really for one BR to be use 24/7/365.
I don’t care for it, but everything is 100% move in ready, unlike the featured condo.
Some people don’t want to take care of a single family home. Others want everything on one level for mobility issues. Still others like “views.” And yet others want the security of being higher off the ground.
To each their own.
Thankfully, Chicago has a lot of difference housing types at all price points. You can pick your poison.
Reduced to $1.395m
Thats not HAWT(tm)
Substantial haircut. Think it needs to get down to $1.25MM to move
“Think it needs to get down to $1.25MM to move”
Now you’re just copying me.
“Thats not HAWT(tm)”
Oh, it’s red hot here in Chicago. Buyers better go in with first and best offer as there are likely going to be multiple offers on any updated and move-in ready properties.
The spring sizzle is here.
Dropped to $1.25m in March. No action.
Its so HAWT(tm), I got singed all the way out in E Ft Wayne