Get a 1,000 Sq Ft Terrace in Chicago’s Hottest Building: 9 W. Walton in the Gold Coast
This 2-bedroom in No. 9 Walton at 9 W. Walton in the Gold Coast came on the market in July 2020.
Built in 2017, this building has 66 units on 37 floors and an attached parking garage which is valet.
It is a full service building with doormen, a 2-story exercise room, indoor pool, sauna, steam room and 2 guest suites.
The building sold out quickly to a who’s who of Chicago including sports stars and billionaires. Several units have been flipped for a profit.
This is the first resale of this low floor 2-bedroom unit.
It has north and west views with 10-12 foot ceilings.
There are espresso stained walnut floors throughout with an open concept living/dining and kitchen.
The listing says it has an O’Brien/Harris kitchen with Bulthaup white cabinetry and Subzero, Wolf, and La Cornue appliances.
All bathrooms have heated floors.
But the star of the unit is the 1000 square foot private terrace that is on the west side of the unit. The brick wall next to the terrace appears to be the church next door.
The terrace has a hot tub, built-in seating and a separate grilling area.
The unit has central air, washer/dryer in the unit and one car valet parking is included.
Listed at $2.559 million, that is $209,000 above the 2018 sales price of $2.35 million.
Will it get the premium?
Eileen Brennan at Baird & Warner has the listing. See the pictures here.
Unit #404: 2 bedrooms, 3 baths, 1950 square feet
- Sold in September 2018 for $2.35 million
- Originally listed in July 2020 for $2.559 million
- Currently still listed at $2.559 million (includes one car valet parking)
- Assessments of $1213 a month (includes heat, a/c, doorman, exercise room, indoor pool, exterior maintenance, lawn care, scavenger, snow removal)
- Taxes of $37,786
- Central Air
- Washer/dryer in the unit
- Bedroom #1: 16×12
- Bedroom #2: 16×10
- Study: 12×10
- Living room: 17×13
- Dining room: 16×9
- Kitchen: 20×13
- Laundry room: 10×6
- Terrace: 49×19
Floor plan would be nice.
Other than location to me it doesn’t scream $2.5MM
Would want to know whats on the other side of the spandrel glass from the balcony
“Would want to know whats on the other side of the spandrel glass from the balcony”
Check out pic 22–the club room patio would appear to be at the top of the glass wall, and makes be think that is where the gym and pool are–what part is on the backside?–?? But that would make it an exterior wall, not a screen for mechanicals–which would be a big negative.
“But that would make it an exterior wall, not a screen for mechanicals–which would be a big negative.”
I believe that you are correct.
If so I’d really want to know where the pool & pool mechanical exhaust are located relative to this unit
Also who the hell stains walnut? It takes a special kinda idiot to do that.
absolutely fucking crack pipe pricing for Chicago, 2.5 million dollars and you don’t even have room for a 6 seater dining room table? lol
also that terrace sucks, you’re surrounded by brick walls, and it doesn’t seem like you’ll get any air flow or sunlight there
On another note I have the same exact hot tub they do though (mine may possibly be larger, can’t tell), not sure how they pull back the cover with it right against those pergola pillars there, mine needed like 2 feet of clearance to fold it back, maybe it folds straight up? lol dumb as whoever buys this overpriced cramped pad
“Also who the hell stains walnut? It takes a special kinda idiot to do that.”
Especially “expresso” stained according to the listing.
Building looks amazing and I like the outdoor space. But no way I’d pay this much to live on such a low floor. No privacy. No view.
Unit also sold (from developer) in April-18 for $1.805m.
“also that terrace sucks, you’re surrounded by brick walls, and it doesn’t seem like you’ll get any air flow or sunlight there”
The terrace is fantastic. Super private. Love the brick wall. Reminds me of being in New Orleans. Your own courtyard. Only one other balcony overlooks your space.
The hot tub, though. Ugh. Who uses those?
It’s a poor man’s pool.
“ The terrace is fantastic. Super private. Love the brick wall. Reminds me of being in New Orleans. Your own courtyard. Only one other balcony overlooks your space.”
Look at photo 30, there’s more than one. Additionally, as atfo pointed out you may/likely have the party room balcony above you.
I do like the heat lamps in the covered area, nice touch
I wouldn’t pay this type of money unless the property had land (backyard) or a killer view. I think they would have been better off chopping some of these low floors into smaller units at lower price points – not entry-level condo pricing but not in the millions…
Hard to say they would have been better off. I don’t think they had much trouble selling out.
NYC prices in Chicago? I’ll take a stunning limestone house in LP for 2.5M over this relatively small condo any day of the year.
“I’ll take a stunning limestone house in LP for 2.5M over this relatively small condo any day of the year.”
It’s the hottest building in the city for a reason. All of those buyers don’t want to buy the limestone house.
“I think they would have been better off chopping some of these low floors into smaller units at lower price points”
Duffer, this is what they did.
The low floors are the smallest and cheapest. This is an entry level unit into the building.
A higher floor, larger unit owned by one of the Cub players was just sold for $7 million.
“It’s the hottest building in the city for a reason. All of those buyers don’t want to buy the limestone house.”
What makes this building so special? I’m not seeing it.
“The hot tub, though. Ugh. Who uses those?
It’s a poor man’s pool.”
lol you’re such a troll
““It’s the hottest building in the city for a reason. All of those buyers don’t want to buy the limestone house.”
What makes this building so special? I’m not seeing it.”
Other than being surrounded by other UHNW individuals, agreed not seeing the draw
Here’s Rizzo’s place that recently sold – https://www.zillow.com/homedetails/9-W-Walton-St-APT-1901-Chicago-IL-60610/2086795512_zpid/
View and outdoor space blow and the interior doesn’t seem much different than a condo in the $1.5-2MM range
A $7MM condo shouldn’t have a TV over a FP or a Target shower curtain
“Rizzo’s place that recently sold”
Heyward’s. Rizzo doesn’t have the $200m contract to support that.
“interior doesn’t seem much different than a condo in the $1.5-2MM range”
It is a 5000+ sf unit; still, that only takes us to the $5m ballpark–the extra $2m is the question.
Pic #3 would indicate Heyward, not Rizzo.
“What makes this building so special? I’m not seeing it.”
You’re right. Nothing. Transient BS and finishes. Promoters did their job right however.
It’s Under Contract so people like the terrace
“It’s Under Contract so people like the terrace”
Wow. Sizzle. The building remains hot. Thanks for the update David.
It’s hard to get quick sales in the upper bracket with all the inventory on the market.
Closed, 2,350,000