Like a 5-Star Luxury Parisian Hotel in the Gold Coast: A Duplex at 40 W Schiller
This 2-bedroom duplex in 40 W. Schiller in the Gold Coast just came on the market.
40 W. Schiller was designed in 1923 by Andrew Rebori and has 19 units.
It has a shared, central courtyard.
The building has no parking.
The listing describes this unit as “reminiscent of a 5-star luxury Parisian hotel.”
It also says it has been “completely remodeled” and is designed by Lauren Buxbaum Gordon, a partner in Nate Berkus’ firm.
It is being sold furnished, but that is negotiable.
The unit has some unique features including the original Rebori staircase along with a skylight that illuminates the 2-story living room.
There’s a wood burning fireplace in the living room along with French windows.
The dining room has period built-ins.
The kitchen has black cabinets, stone counter tops, a white tile backsplash and “commercial grade” appliances.
Both bedrooms and the two bathrooms are on the second floor.
The primary bedroom is en suite.
There’s also a laundry room on the second floor which the listing says could be used as a third bedroom or an office.
The unit has zoned air conditioning but no parking.
Parking is available in the neighborhood.
This building is a co-op, so the taxes are included in the assessment.
Listed at $950,000, fully furnished, will this duplex get its price?
Sophia Worden at BerkshireHathaway HomeServices has the listing. See the pictures and floor plan here.
Unit #2D: 2 bedrooms, 2 baths, no square footage listed, duplex, co-op
- No price sales price as it’s a co-op
- Currently listed at $950,000
- Assessments of $1915 a month (includes heat, gas, taxes, exterior maintenance, lawn care, scavenger, snow removal)
- Taxes are included in the assessments
- Zoned A/C
- Washer/dryer in the unit
- No parking
- Wood burning fireplace
- Bedroom #1: 12×11 (second floor)
- Bedroom #2: 13×10 (second floor)
- Laundry room: 10×9 (second floor)
- Living room: 25×14 (main floor)
- Dining room: 15×12 (main floor)
- Kitchen: 14×10 (main floor)
- Walk-in-closet: 5×7 (second floor)
When I stay at a “5-star luxury Parisian hotel”, theres a bathroom on every floor
A closet to take your guests coats would be useful
Nice you can add a BR only to schlep your clothes to the coin-on
Looks like its geared to empty nesters/DINKs. For $1MM, you can do better
“It also says it has been “completely remodeled” and is designed by Lauren Buxbaum Gordon, a partner in Nate Berkus’ firm” – Nate Berkus is to interior design as Dr Phil is to psychiatry At this stage, he’s a low rent Joanna Gaines
Absolutely gorgeous place. Not digging the black bathroom. Also not a fan of co-op’s. Well done, a bit high on the list price, just a good unit anyone should love.
One knock on it, personally I need a bathroom on the main floor. After a brutal leg workout and walking 18 holes after, I can’t imagine relaxing on the couch with a few drinks and needing to take a whiz then realizing I got to go up stairs.
Agree with the prior comments. It’s definitely classy looking and might appeal to the right person as an in-town, but the space is just very tight: Not a lot of storage space (just the one big hallway closet, but no 1st floor closet and not much bedroom closet space for someone in this price bracket); Bathrooms are both very tight–with no counter space. But this is around $950/sq. ft for a place with no parking, no private outdoor space, not much view, etc. So, someone had better really like the stairs and the skylight!
Pretty, but so much function is lacking. The monthly carrying costs make it difficult to justify, particularly as just an in town.
I picture a young naive woman falling for this place. Funded by a trust fund set up by Daddy of course.
Is this the “new style”? black and gold?
Looks nice for pictures not sure how practical it is… this place is like 1100 sqft max, for almost a million bucks? I just don’t see it
For 1ML I don’t want to be hunting every day for street parking. Not a fan of the black & gold scheme, nor the $2K/mo Coop fee.
Looks to be about 1300ft. Buying it furnished and decorated is a huge plus. Quirks of space are offset by unique historic elements. You don’t get a closet or bathroom downstairs, but you have a double-height ceiling, gorgeous arched doorways, and a beautiful fireplace. $950k seems like they want all the money. I feel like $700-800k is more realistic especially considering the size and no parking.
“A closet to take your guests coats would be useful”
There is a door under the stairs; as it is not a half bath, it must be a coat closet.
I enjoy that the hall bath is so small that it gets a marble serving board rather than a sink, while the laundry is nearly as big as the bedrooms–I get the limitations of the exterior door but you’d think there is a better solution.
“I enjoy that the hall bath is so small that it gets a marble serving board rather than a sink, while the laundry is nearly as big as the bedrooms”
Laundry room and bathroom #2 should have been combined to create a luxurious spa bathroom for the high-maintenance gal who will inevitably move in. Big double-sink, impressive stand-alone tub, a water closet, and stackable laundry tucked into an additional closet.
“I picture a young naive woman falling for this place. Funded by a trust fund set up by Daddy of course.”
Does not work for her. Where is she going to put all her shopping? Turn the second bedroom into a closet? If so, where is her “office” where she works her “job”. The cheap KitchenAid and Cuisinart would never do when she takes up baking. And a keurig? Never in a million years.
This is an in-town for an older couple. I hate it.
It’s a beauty but I wonder what that fireplace looked like before that interior dreckerator got their hands on it. I also wonder what the original glass looked like. Other Rebori designs have many more whimsical details.
I agree with the previous comments. The person who can afford this most likely needs a place where they can age in place and with that stair and a lack of at least a powder room on the first floor, this has a truly limited buyer pool. I would have extend the floor over some of that open-to-below stair area in order to create a proper home office space / spot for some workout gear / and some storage. Does anyone know if this is the original floor plan or the result of some kind of a combo or carve-up?
“This is an in-town for an older couple.”
A million-dollar in-town for an older couple with no parking and all those stairs? Not a chance.
Even if the listing hadn’t mentioned it, I would have been able to tell this was designed by Nate Berkus or someone Nate-Berkus-adjacent. They sure do love that black and gold.
And I still think Nate Berkus sounds like a Chicago alderman, not a high-end designer.
$200k then $6500/mo for this? Thats hilarious.
“There is a door under the stairs; as it is not a half bath, it must be a coat closet.”
Nice catch, I was incorrect
(See Sabrina, this is the correct way to respond when you make an incorrect statment)
“$200k then $6500/mo for this? That’s hilarious.”
$5,500 because the taxes are in the assessment.
ick. that kitchen is horrible. Way to glossy black and such stark white. its blinding. painting all the trim black, black windows, its horrible.
Last sold in 2016 for 630k
https://www.redfin.com/IL/Chicago/40-W-Schiller-St-60610/unit-D2/home/18393390
Very classy and a decent deal, but too bad there’s no parking. Plenty of rental spaces in the area, though.
I love the classic look of this unit, especially the stairway. The laundry room is actually big enough to make into an office, and it has a window, which is a plus.
I’d take this anytime over one of the River North lofts always being posted on CC
“I’d take this anytime over one of the River North lofts always being posted on CC”
I know it seems most people want bland basic boring places with no soul or warmth. They just want it to look exactly the same as everything else.
“ick. that kitchen is horrible. Way to glossy black and such stark white. its blinding. painting all the trim black, black windows, its horrible”
Yeah it ain’t what I would pick, I am a seafoam green kitchen guy, but this units kitchen is way better than 90% of the places showcased on here.
Be unique
Last sold in 2016 for 630k
https://www.redfin.com/IL/Chicago/40-W-Schiller-St-60610/unit-D2/home/18393390
The 2016 design is so much more livable! Luxurious and classy without being pretentious.
The 2021 redesign appeared to just be a decorating change and didn’t really add much — perhaps even reduced the value of the place as the design is so taste specific and trendy.
So the “reno” literally just changed finishes . . . and on some items that were already high end (kitchen stove). It didn’t make it $320K more live-able, just more taste-specific. I don’t see them getting their money back plus a profit for polishing what was already a nice place. Wait for an “unrenovated” unit to go on sale here LOL
This one sold in November for 542,500. They have the office/3rd bedroom instead of the large laundry room and a galley kitchen and older finishes.
https://www.redfin.com/IL/Chicago/40-W-Schiller-St-60610/unit-2B/home/18965203
“They have the office/3rd bedroom instead of the large laundry room and a galley kitchen and older finishes.”
The biggest difference is it doesn’t have the 2-story living room–the extra bedroom is in that airspace. The laundry room in this unit appears to be used for closet and ??–see the pick with the stacked laundry machines, and ‘back door’.
I like this place, but it compares rather poorly with other vintage apartments of the same type, duplexes with double height living rooms, whether you figure price per square foot, or HOA cost per square foot.
This unit is not a great deal for $995K. The square footage isn’t mentioned, because it’s small, but you can figure roughly 1,200 sq ft by adding together all the rooms, on the floor plan provided, and throwing in another 100 sq ft for the upstairs hallway. The price figures out to $791 per square foot, and the monthly HOA is $1.59, which is awfully steep for a courtyard walkup building with no private off-street parking, or doorman.
And it’s not even THAT pretty. The low ceiling in the living room is a disappointment.
By contrast, look at this drop-dead gorgeous unit at one of my favorite Chicago buildings (also a condo, not a coop), 20 E. Cedar. Yes, it’s $700K more, but, at $1,650,00 for a 3,080 sq ft 3 bed 3 bath with beautiful vintage details and a soaring living room ceiling, it is, on a per square foot basis, rather inexpensive, priced at $535 per square ft, with monthly HOA at $.64 (yes, 64 cents) per sq ft., which is quite reasonable for a high rise.
https://www.realtor.com/realestateandhomes-detail/20-E-Cedar-St-Apt-4A_Chicago_IL_60611_M82439-76206
This duplex is under contract.
Closed for 850K 8/23/21
Thanks for the update David.
People love “new.”
nice haircut
“nice haircut”
Huh?
This is a nice price for one of these. Kudos to the sellers. Co-ops, without parking, can take years to sell. But not this one in a hot market.
“This is a nice price for one of these. Kudos to the sellers. Co-ops, without parking, can take years to sell. But not this one in a hot market.”
So a $100k hair cut is nbd now?