New Construction 3-Bedroom in 1550 on the Park in Old Town: 1550 N. Clark
This 3-bedroom in 1550 on the Park at 1550 N. Clark in Old Town came on the market in March 2020.
1550 on the Park was built in 2020 and has 32 units and attached garage parking. It overlooks Lincoln Park and the Chicago History Museum.
The building has 24-hour door staff, a fitness centers, lounge, business center and individual storage.
This unit has 3809 square feet with a family room and den along with 3-bedrooms.
It has floor-to-ceiling windows and hardwood floors.
The listing says this building is built with the “highest caliber of craftsmanship” including a “state of the art”, chef-inspired O’Brien Harris kitchen with Wolf and Subzero appliance package.
The unit has “spa-inspired” baths.
It has central air, washer/dryer in the unit, and indoor self-parking with direct access to the unit, which is available for extra cost.
The unit has an oversized private terrace with Lincoln Park and lake views.
This building is near the shops and restaurants of Old Town, Lincoln Park and the Gold Coast.
Listed at $2.4 million, is this an alternative to the large downtown high rise condo buildings?
Chezi Rafaeli at Coldwell Banker has the listing. See the pictures and floor plan here.
Unit #503: 3 bedrooms, 3.5 baths, 3809 square feet
- New Construction
- Originally listed in March 2020
- Currently listed at $2.4 million
- Assessments of $2336 a month (includes heat, a/c, gas, doorman, exercise room, exterior maintenance, scavenger, snow removal)
- Taxes are “new”
- Central Air
- Washer/dryer in the unit
- Garage parking available
- Bedroom #1: 17×16
- Bedroom #2: 13×14
- Bedroom #3: 14×12
- Family room: 22×17
- Kitchen: 17×11
- Living room: 33×16
- Den: 11×16
- Walk-in-Closet: 17×11
- Laundry room: 12×9
- Porch: 32×8
Nice place, well laid out, finishes are boring, but appropriate, $/sf seems reasonable
The scenic view of the gas station is a dealbreaker
Same developer partnership as Tribune–CIM & Golub.
Speaking of–what are they saying at the Tribune sales office about the apartment tower? Anything?
I can’t believe they built luxury condos here. Kiddie Corner to a gas station, and on loud and (pollution) smelly North Ave.
The building is a nice improvement to the corner, but I think the developer overestimated the level of interest that these units would generate for Latin families.
“The scenic view of the gas station is a dealbreaker”
That should soon be going away with a replacement of not only that gas station, but the BP, the old Treasure Island and the Walgreens by a star architect:
https://blockclubchicago.org/2021/09/30/old-town-developers-tap-world-class-architect-to-design-projects-in-the-neighborhood/
“Kiddie Corner to a gas station”
That Shell is potentially on the chopping block as part of the Moody Church redevelopment project (separate from the Moody Bible JDL-“North Union” project):
https://preservationchicago.org/2021/10/25/threatened-mega-development-endangers-archway-standard-oil-station-stanley-tigerman-walgreens-north-federal-savings-bank-building-and-moody-bible-church-campus/
Also, this block of North east of LaSalle is pretty calm except for Latin School traffic.
the only 2 structures that are really worth saving mentioned in the Preservation Chicago article are the original Romanesque church (which I am 100% positive this will be saved) and the Federal Savings Bank…
I like the ‘archway’ gas station, but, still, it’s a gas station… the Tigerman Walgreens is trash…
It may sound snarky to say, but $2.4 million to live across from a gas station may not be money well spent.
Also, this block of North east of LaSalle is pretty calm except for Latin School traffic.
Clark has both the 36 and 22 buses and there’s bus route on North Avenue. Lots of buses here.
Also, the “views” they show to the west are likely to change as anon(tfo) has said. Developers have already said they are going to redevelop the Walgreens on Wells/North Avenue corner and the same developers also have the old Treasure Island site. They should build a high rise on the Treasure Island site. No reason not to (or at least a mid-rise with 20 stories).
I’m also not surprised if they build on that gas station site as well as it’s a huge lot. Would be great for the neighborhood to have density there.
“The building is a nice improvement to the corner, but I think the developer overestimated the level of interest that these units would generate for Latin families.”
Was that REALLY the draw anonny?
Who in the hell wants to live directly across from their kid’s school? Talk about a really narrow world.
Sure, there have been some who have moved into the Gold Coast, a few blocks away, so their kids can walk over to Latin. But right across the street where you stare at it every day of your life?
That being said, they DID build these large enough to be designed for families.
Beautiful unit but the location is kinda brutal for that price point.
“ Who in the hell wants to live directly across from their kid’s school? Talk about a really narrow world.”
People who live in the Chicago Gold Coast where crime is on the rise. People who want to allow their kids a certain degree of autonomy. People who want their kids to be able to participate in sports and other activities in the evenings and not have to worry about transportation.
“Sure, there have been some who have moved into the Gold Coast, a few blocks away, so their kids can walk over to Latin. But right across the street where you stare at it every day of your life?
That being said, they DID build these large enough to be designed for families.”
So you think it was intended for families to stare at every day of their life (and incur the related traffic), AND they have to shuttle their kids to another school?
Super overpriced.
“So you think it was intended for families to stare at every day of their life (and incur the related traffic), AND they have to shuttle their kids to another school?”
Yes.
This is one of the first modern luxury apartments I’ve seen, that I really love. As for the dismal scenery across the street, I have no doubt that that gas station will not be there much longer, and that more luxury development will go up on its site in not long.
Note that the baths boast large, comfortable casement tubs instead of the horrid free-standing tubs with their high, thin sides that make it difficult to enter and exit them safely. Methinks people are tiring of fixtures and fittings where basic comfort and utility are sacrificed for the sake of style.
nice enough, I guess. What else can you do to a modernist box though to make it different from anything else? Maybe they should have made the ceilings higher for $2.4 million?