A Printer’s Row 2-Bedroom Penthouse Loft with Rooftop Deck for $599,000: 161 W. Harrison

This 2-bedroom penthouse triplex loft in Market Square Lofts at 161 W. Harrison in Printer’s Row came on the market in May 2023. I don’t have a picture of this building but it’s the short brick building next to the Vetro in the picture above.

Built in 1905 as the Patton Building, the 12 story building was originally in the printing business and then apparently became a printing warehouse.

It was converted into 80 loft condos in 1997 and became the Market Square Lofts. It is one of the few Printer’s Row loft buildings that has attached garage parking.

The building has a shared rooftop deck, small party room and door staff.

This loft has 15 foot ceilings on the main level with exposed duct work and oversized windows.

Both bedrooms are on the main floor although the second bedroom is currently being used as a dining room and is not enclosed. It has a walk-in-closet.

The primary bedroom is fully enclosed and has a window along with a walk-in-closet and ensuite granite bath with a double vanity, separate shower and Jacuzzi tub.

The kitchen has Schroek cabinets with pull out shelves and a pantry with Viking and Subzero appliances.

There is a separate laundry room on the main floor with side-by-side washer/dryer.

There’s an office on the second floor.

The third level has the family room with a wet bar and a half bath, along with skylights, which leads out to a 400 square foot private rooftop Trex deck. You can see a hose in the pictures so there must be irrigation. And there is electricity as there are lights on the side of the building in the night time pictures.

The rooftop deck has city views.

It appears the top floor was added to the building during the loft conversion.

The loft has features that buyers look for including central air and garage parking is available for $20,000.

Listed at $599,000 for 1800 square feet, is this a deal for all the space?

Susan Dickman at Berkshire Hathaway HomeServices has the listing. See the pictures and floor plan here.

Unit #1203: 2 bedrooms, 2.5 baths, triplex, 1800 square feet, penthouse, loft

  • Sold in September 1998 for $295,000
  • Sold in March 2001 for $410,000
  • Sold in October 2003 for $527,500
  • Originally listed in May 2023 for $599,000
  • Currently still listed at $599,000 (garage parking is $20,000 extra)
  • Assessments of $926 a month (includes heat, a/c, gas, doorman, cable, exterior maintenance, Internet, snow removal)
  • Taxes of $6899
  • Central Air
  • Side-by-side washer/dryer in the unit
  • Double sided fireplace in the living room/primary bedroom
  • Bedroom #1: 10×19 (main level)
  • Bedroom #2: 10×12 (main level)
  • Office: 15×9 (second level)
  • Foyer: 4×12 (main level)
  • Living room: 15×23 (main level)
  • Kitchen: 11×14 (main level)
  • Laundry: 4×7 (main level)
  • Family room: 15×24 (third level)
  • Deck: 15×10 (third level)

 

A Full Gut 1-Bedroom Remodel in Benjamin Marshall’s 49 E. Cedar in the Gold Coast

This 1-bedroom in 49 E. Cedar in the Gold Coast came on the market in June 2023.

Built in 1909, this is a boutique building with 3 units that was designed by Benjamin Marshall. There’s a plaque on the front of the building.

We have never chattered about this building before. When I walked by it a few years ago, I snapped a picture after reading the plaque, but I thought it must be apartments.

Not many vintage features remain with this unit. The listing says it has had a “full gut remodel.”

It has hardwood floors throughout.

It had a full kitchen remodel in 2017 which has white cabinets, open shelving, stainless steel appliances, stone counter tops and a peninsula with seating for 3. The listing says the appliances are new as of 2022.

The unit also had a bath remodel in 2017 which has a walk-in-shower (no tub).

The other renovations include:

  • Electrical rewiring in 2017
  • Plumbing in 2018
  • W/D replacement in 2019
  • Custom walk-in-closet in 2020
  • New A/C in 2022

It has features buyers look for including space pac cooling and washer/dryer in the unit. There’s no parking but it’s available for lease next door at 33 Cedar.

This building is near the shops and restaurants of the Gold Coast, Rush Street, Mag Mile and Oak Street Beach.

Listed in June 2023 at $319,900, would this make a good in-town?

Grace Sergio and Meghan Luffred at @Properties Christie’s have the listing. See the pictures here. Sorry, no floor plan.

Unit #1: 1 bedroom, 1 bath, 740 square feet

  • Sold in December 1991 for $70,000
  • Sold in September 2004 for $284,000
  • Sold in June 2014 for $319,000
  • Sold in January 2015 for $285,000
  • Currently listed at $319,900
  • Assessments of $351 a month (includes heat, exterior maintenance, lawn care, scavenger, snow removal)
  • Taxes of $1,710
  • Space pac cooling
  • Washer/dryer in the unit
  • No parking but rental available at 33 Cedar
  • Bedroom: 8×16
  • Living/dining room: 19×29
  • Kitchen: 9×9

Get a 3-Bedroom Townhouse with a 2-Car Garage for $900K: 849 W. Ohio in River West

This 3-bedroom townhouse in Via Como at 849 W. Ohio in River West came on the market in May 2023.

Built in 2002, Via Como is 34 townhouses with 2-car garages. The picture above is a picture of the general community, not of this particular townhouse.

The listing says this is the largest floor plan in the development.

It also says it wasn’t “lipsticked for sale” but has been remodeled throughout.

There is an office on the main floor flanked by glass walls, ceiling speakers and the security command center of the home.

There’s also a full bath and access to the 2 car garage.

The first floor has the living/dining room along with the kitchen. It has wide plank oak floors, ceiling moldings with nest smoke and climate system and a home speaker system along with individual wi-fi boosters on each level.

The kitchen has natural wood cabinets and an island with seating for 3. It has luxury appliances including Miele, Bosch and Dacor with double ovens, double quartz counter tops, an integrated fridge, a wine fridge and an exhaust fan that vents out.

There’s a balcony off the kitchen with space for a grill.

The third floor has 2 bedrooms, including the primary, and 2 full baths which have double quartz countertops, radiant heat, towel warmers, rain shower heads and body sprays.

The fourth floor has skylights and a bonus room which could be a workout room, an office or another bedroom. It has a powder room and leads to a deck with city views.

The townhouse has central air.

It is near shops, restaurants and public transportation, which the listing says includes:

“The Dawson, La Scarola, Piccolo Sogno, Stax Cafe, Iguana Cafe, The Pearl Club, BLVDier clothing store, Salon 833, Starbucks, and multiple car washes | WalkScore 92 | TransitScore 808 | BikeScore 94 | 12-minute Lyft, 14-minute L ride, or an 18-minute cycle to The Loop | Divvy station around the corner on Milwaukee Ave | 0.2 mi to the Blue Line | The 56/65 bus lines are at the end of the street on Grand Ave and Milwaukee Ave”

It’s also about a 10 minute walk over to Fulton Market.

Originally listed on May 30, 2023 at $950,000, it has been reduced $50,000 to $900,000.

Are the 7% rates hitting the upper bracket properties again like they did last year?

John Grafft at Compass has the listing. See the pictures and floor plan here.

Unit #2W: 3 bedrooms, 3.5 baths, townhouse, 2300 square feet (listing says it’s 2.5 baths but floor plan says otherwise so I’m listing it as 3.5 baths)

  • Sold in May 2003 for $484,000
  • Originally listed in May 2023 for $950,000
  • Reduced
  • Currently listed at $900,000
  • Assessments of $284 a month (includes exterior maintenance and snow removal)
  • Taxes of $14,211
  • Central Air
  • Fireplace
  • Bedroom #1: 14×15 (third floor)
  • Bedroom #2: 10×11 (third floor)
  • Bedroom #3: 10×10 (main floor)
  • Bonus room: 14×13 (fourth floor)
  • Living/dining room: 17×26 (second floor)
  • Kitchen: 17×13 (second floor)
  • Foyer: 6×11 (main floor)
  • Laundry: 3×4 (second floor)
  • Balcony: 11×3 (second floor)
  • Deck: 15×12 (fourth floor)

Expertly Renovated 2-Bedroom Duplex Loft Returns in the Fulton House: 345 N. Canal

This 2-bedroom duplex brick loft in the Fulton House at 345 N. Canal in River West came on the market in May 2023.

Built in 1903, Fulton House was original an old cold storage warehouse.

It was converted to apartments in the 1970s by star architect Harry Weese and then was converted into condos in the 1990s. There are 104 units.  However, it’s also a live-work building where businesses can operate.

It has 24/7 door staff but no garage parking and a common deck overlooking the Chicago River. There is valet parking across the street at the River Bend building. It does not have other amenities like an exercise room.

If this unit looks familiar, that’s because we last chattered about it in 2017 when it had last been renovated in 2012. Listed at $725,000, some of you (surprise, surprise) thought it was overpriced.

You can see that chatter here.

The listing now says it has been “expertly renovated.”

If you recall, the unit has some unique features including the building’s famous barrel vaulted ceilings, but it also has 20 foot ceilings in the dining room and white washed exposed brick walls.

There looks to be dark hardwood floors on both floors.

The first floor is open concept with the living room, dining room and kitchen. There’s also a fully enclosed bedroom and a full bath.

The kitchen has white cabinets, a large island with new quartz countertops and new Wolf and Samsung appliances.

The primary bedroom is on the second floor and has an industrial window that overlooks the dining room.

There’s a full bath on the second floor and big closets.

The listing also says there is a bedroom that is open and being used as an office space on the second floor, but the listing on the MLS is a 2/2, not a 3/2.

The second floor also has the unique round porthole type windows that are found in the Fulton House and the whitewashed exposed brick.

The unit has outdoor space with a balcony off the living room.

It has the features buyers look for including an in-unit washer/dryer and the listing says there is “new central air” although there are wall units in the pictures. Valet parking is available next door.

The listing says this building is steps to the East Bank Club, Gibsons Italia, Starbucks and all the shops and restaurants of River West, River North and the West Loop. Developers continue to build new apartment buildings west of the River in this neighborhood.

This loft sold in May 2019 for $700,000. It has come back on the market at $1 million.

Buyers love “new.”

Will the renovation help it get a quick sale?

Alexa Hara and Guido Piunti at @Properties Christie’s has the listing. See the pictures and floor plan here.

Unit #1402: 2 bedrooms, 2 baths, 2367 square feet, duplex loft

  • Sold in November 1990 for $230,000
  • Sold in July 1998 for $367,500
  • Bank owned in December 2009
  • Sold in June 2012 for $180,000
  • Sold in May 2019 for $700,000
  • Originally listed in May 2023 for $1,000,000
  • Currently still listed at $1,000,000
  • Assessments are still $1335 a month, same as December 2017 (includes heat, doorman, exterior maintenance, scavenger, snow removal, Internet)
  • Taxes are now $11,743 (they were $7619 in December 2017)
  • “New” Central Air (but some rooms also have wall units)
  • Washer/dryer in the unit
  • Valet parking is available
  • Bedroom #1: 22×17 (second floor)
  • Bedroom #2: 15×12 (main floor)
  • Den: 21×11 (second floor)
  • Living/dining room combo: 30×19
  • Foyer: 12×9 (main floor)
  • Kitchen: 12×12 (main floor)
  • Laundry: 5×3 (second floor)
  • Balcony

 

 

Selling a 2-Bedroom Lincoln Park Townhouse 2 Years Later for $689K: 1005 W. Dickens

This 2-bedroom townhouse at 1005 W. Dickens in Lincoln Park came on the market in May 2023.

We have chattered about this townhouse before, in 2018. Like last time, the picture above is actually of the two townhouses next door with just a piece of 1005 on the far right of the picture.

This townhouse complex was built in 1985 and has 6 townhouses with garage parking. There is an HOA fee, but it’s just $200 annually.

You can see our 2018 chatter here.

If you recall, this townhouse has vaulted ceilings and skylights.

It has a gas fireplace and hardwood floors in the living room which is on the main floor.

The kitchen and dining room are down a small flight of stairs. The kitchen has wood cabinets, granite counter tops and stainless steel appliances. It is open to the dining room and leads to a private patio.

The second bedroom is on the second floor and has an adjacent bath.

The primary suite is on the third floor and takes up the entire floor. It has an en suite bathroom with marble finishes, dual vanities, glass enclosed shower and a “tranquil” soaking tub. There’s also a “sunny” deck off this level.

There’s a lower level which the listing says could be a family room, office, home gym or third bedroom.

The townhouse has central air, a full size LG stackable washer/dryer in the lower level and 1 car garage parking.

The listing says it is Airbnb licensed but doesn’t list any rental income ranges.

The listing also states all the updates:

“Additional updates include: sump pump and drain tile system (2020), Trex decking (2020), New Windows (2019), Refinished Hardwood floors and new baseboards (2020), Lower Level engineered hardwood (2020), Upgraded electrical switches and outlets (2020), New roof (2020).”

This townhouse is near Armitage shops and restaurants, the parks of Lincoln Park and top rated schools.

It came on the market for $689,000 but last sold in November 2021 for $650,000.

Will it get the premium over the 2021 sale given the low inventory in Lincoln Park?

Julie Roback and Jacqueline Czuprynski at Baird & Warner have the listing. See the pictures and floor plan here.

You can also go to the Open House on Sunday, June 4, 2023 from 12 PM to 3 PM.

1005 W. Dickens: 2 bedrooms, 2 baths, 1522 square feet, townhouse

  • Sold in February 1990 for $230,000
  • Sold in May 1991 for $235,000
  • Sold in July 1999 for $330,000
  • Sold in June 2006 for $510,000
  • Sold in August 2011 for $440,000
  • Sold in February 2019 for $505,000
  • Sold in November 2021 for $650,000
  • Originally listed in May 2023 for $689,000
  • Currently still listed at $689,000
  • There are now assessments of $200 annually (Previous listing in 2018 said no assessments)
  • Taxes are now $10,033 (they were $9,115 in 2018)
  • Central Air
  • Wood burning fireplace
  • Bedroom #1: 15×14 (third floor)
  • Bedroom #2: 15×10 (second floor)
  • Living room: 14×17 (main floor)
  • Kitchen: 7×14 (lower level)
  • Dining room: 9×12 (lower level)
  • Family room: 16×13 (lower level)
  • Terrace: 7×17 (third floor)
  • Deck: 16×14 (lower level)

3-Bedroom Corner Penthouse Reduces to $560,000: 1555 N. Sandburg Terrace in the Gold Coast

This top floor 3-bedroom in the Kilmer House at 1555 N. Sandburg Terrace in the Gold Coast (or Old Town) came on the market in June 2022.

Built in 1971, Kilmer House is part of Sandburg Village. It has 96 units and has a pool, sundeck, tennis courts and exercise room.

The building has a doorman and valet garage parking.

We last chattered about this unit 11 months ago, in July 2022. You can see our chatter here.

Last year, some of you were worried about the high HOAs.

It’s still available, although it was contingent in September 2022.

If you recall, this is a southeast corner, top floor, 3-bedroom with 1711 square feet and a recessed balcony. It has east facing picture windows from the living room, dining room and den.

The primary suite faces south and has a walk-in-closet and en suite bath with a separate shower and dual vanity.

The kitchen is “newer” with white cabinets, a white subway tile backsplash, silestone counter tops, stainless steel appliances and a dry bar with pantry cabinet storage.

The unit has the features that buyers look for including a walk-in mud room/laundry closet with a full size stackable washer/dryer and central air.

There’s valet parking available.

Kilmer House is located on the edge of the Gold Coast and Old Town with access to both neighborhoods and Lincoln Park.

Originally listed in June 2022 at $619,000, the unit has now been reduced by $59,000 to $560,000.

While the HOA has gone up since last year, the taxes have fallen.

Is this a deal for the square footage and location?

Megan Tirpak at @Properties Christie’s still has the listing. See the pictures and floor plan here.

Unit #602: 3 bedrooms, 2 baths, 1711 square feet

  • Sold in August 1996 for $172,000
  • Sold in March 2013 for $375,000
  • Sold in November 2016 for $500,000
  • Listed in June 2022 for $619,000
  • Under contract in September 2022
  • Re-listed in February 2023 for $619,000
  • Reduced twice
  • Currently listed at $560,000
  • Taxes are now $8982 (they were $10,115 last year)
  • Assessments are now $1525 a month (they were $1453 a month in July 2022)(includes heat, a/c, doorman, cable, exterior maintenance, lawn care, scavenger, snow removal)
  • Association includes doorman, pool, exercise room, tennis courts
  • Valet Parking (cost?)
  • Washer/dryer in the unit
  • Central Air
  • Bedroom #1: 13×15
  • Bedroom #2: 12×10
  • Bedroom #3: 10×11
  • Living room: 22×15
  • Dining room: 11×19
  • Kitchen: 11×8
  • Laundry room: 5×7
  • Walk-in-closet: 10×11
  • Foyer: 4×11
  • Balcony

Market Conditions: April 2023 Sales Fall 37.6% Year-Over-Year as Inventory Falls Again

The Illinois Association of Realtors is out with the April sales data. It remains at multi-year lows. Sales were at their lowest since April 2020 when the COVID pandemic spooked home buyers and sales ground to a halt.

From the IAR:

The city of Chicago saw a 37.6 percent year-over-year home sales decrease in April 2023 with 2,028 sales, down from 3,249 in April 2022.

The median price of a home in the city of Chicago in April 2023 was $340,000, down 8.1 percent compared to April 2022 when it was $370,000.

Here are the sales statistics for April since 2007:

  • 2007: 2419 sales
  • 2008: 1886 sales
  • 2009: 1407 sales
  • 2010: 1984 sales
  • 2011: 1466 sales
  • 2012: 1816 sales
  • 2013: 2392 sales
  • 2014: 2256 sales
  • 2015:  2435 sales
  • 2016: 2706 sales
  • 2017: 2647 sales
  • 2018: 2700 sales
  • 2019: 2595 sales
  • 2020: 2057 sales
  • 2021: 3360 sales
  • 2022: 3249 sales
  • 2023: 2028 sales

Here are the median prices:

  • 2007: $289,800
  • 2008: $300,000
  • 2009: $218,000
  • 2010: $225,000
  • 2011: $169,000
  • 2012: $182,000
  • 2013: $223,500
  • 2014: $250,000
  • 2015: $271,325
  • 2016: $286,000
  • 2017: $297,500
  • 2018: $307,500
  • 2019: $310,000
  • 2020: $338,000
  • 2021: $373,750
  • 2022: $370,000
  • 2023: $340,000

“The data year over year is showing a decline, which is unsurprising given the trends we’ve seen over the last few months. Low inventory, increased inflation and higher mortgage rates are affecting national real estate markets as well,” said Sarah Ware, president of the Chicago Association of REALTORS® and principal and designated managing broker for Ware Realty Group in Chicago. “However, we’re still seeing activity and opportunity for buyers and sellers who were intimidated by last year’s hectic pace.”

Inventory continues to fall.

Statewide, housing inventory fell 23.6% to 17,186 from 22,492 last year. In Chicago, it fell 25.1% to 5007 from 6687 last year.

However, days on the market were up 18.8% in Chicago to 38 days from 32 days last year.

The median sales price mix was also interesting in the quarter. Overall, it dropped 8.1%, or $30,000, to $340,000. But single family home prices were down 15.7% to $295,000 while condo median sales price was up 0.3% to $380,000.

Single family home sales fell 31% in April to 722 while condos were down 40.7% to 1306.

Reminder: median sales price is about the mix.

The average 30-year fixed rate mortgage was 6.34% in April 2023 versus 6.54% in March 2023. Last year, it averaged 4.98% after the Fed started raising rates in March 2022 and rates quickly spiked.

In the next several months, we’re going to start to loop last year’s slowdown as mortgage rates rose. We could even see rising year-over-year sales later this summer as a result.

But will that mean that the housing market is “back”?

Or is the lack of inventory the real challenge to get sales to turn around?

Illinois’ statewide home sales and available housing inventory fall during April [Illinois Association of Realtors, Press Release, by Bill Kozar, May 18, 2023]

 

Renovated Gold Coast 2/2 with a Big Private Terrace: 1310 N. Ritchie Court

This 2-bedroom in Ritchie Tower at 1310 N. Ritchie Court in the Gold Coast came on the market in May 2023.

Ritchie Tower was built in 1963 and has 100 units with an attached parking garage.

It has 24/7 door staff, an exercise room, onsite management, an outdoor pool, and a landscaped terrace with grills and tables.

I don’t think we’ve ever chattered about this building before.

This unit has been “professionally designed and renovated.”

It has porcelain tile floors throughout the majority of the unit, except for the primary bedroom which has carpeting.

The “newly renovated” kitchen has new modern white cabinetry which extends into the dining room, waterfall quartzite countertops, a Fisher & Paykel refrigerator, a Bosch dishwasher, a stainless steel GE stove and additional freezer drawers.

The primary bedroom has a walk-in-closet and an en suite bathroom with a walk-in-shower with rain shower and handheld sprays along with a towel warmer.

The second bathroom had a deep soaking Kohler tub with Carrera marble tile.

There is LED lighting and California closets throughout.

But the big feature is the 30×21 private terrace that is accessed from the dining room and is partially covered. The listing says it has a water line for gardening and the patio furniture and grill are included in the sale.

The terrace has a door that leads to the outdoor pool and shared grill area with tables.

This unit has central air but no in-unit washer/dryer. There is a laundry room in the building. There’s no deeded parking but there is leased valet parking available in the building.

Pets are allowed up to 25 pounds.

This building is on a low traffic street in the Gold Coast, near the beach and the restaurants of Old Town and Rush/State/Division.

Listed at $650,000, that’s $175,000 above the 2014 sales price of $475,000.

Buyers love “new.”

Will they get their price?

Morgan Sage and Christian Chacon at Berkshire Hathaway HomeServices have the listing. See the pictures and floor plan here.

Unit #3A: 2 bedrooms, 2 baths, 1350 square feet

  • Sold in December 1998 for $310,000
  • Sold in March 2001 for $417,000
  • Sold in August 2014 for $475,000
  • Listed in May 2023 for $650,000
  • Assessments of $1401 a month (includes heat, a/c, doorman, cable, exercise room, outdoor pool, exterior maintenance, lawn care, scavenger, snow removal, Internet)
  • Taxes of $7510
  • Central Air
  • No washer/dryer in the unit- laundry room in the building
  • Valet parking in attached garage available (no price listed)
  • Bedroom #1: 16×12
  • Bedroom #2: 13×13
  • Living room: 20×18
  • Dining room: 11×10
  • Kitchen: 11×8
  • Foyer: 10×10
  • Walk-in-Closet: 8×7
  • Terrace: 30×21

Historic Coach House Set in a Private Garden: 1450 N. Dearborn in the Gold Coast

This 3-bedroom coach house at 1450 N. Dearborn in the Gold Coast came on the market in May 2023.

Built in 1890, it has 6 units and some garage parking. The coach house sits behind the vintage building in the picture above.

It has 3 levels of “single family living.”

The first floor has the foyer, a bedroom/office and a full bathroom.

The second floor has refinished herringbone hardwood floors in the living and dining rooms along with a marble fireplace.

The kitchen, which is also on the second floor, has been “fully renovated” with custom cabinetry and lighting, high-end granite counter tops, Viking appliances and a stone subway tile backsplash along with what looks like a beverage refrigerator.

The listing says both full bathrooms have also been remodeled and have marble tile floors.

The other two bedrooms are on the second floor including the primary bedroom, with room for a king bed, and which has a huge walk-in-closet.

The penthouse has a one-of-a-kind sunroom with a wet bar plus a private rooftop deck with composite decking and pergola, water and electricity.

The listing calls it “your personal oasis.”

This coach house has the features buyers look for including central air, washer/dryer in the lower level basement, along with storage and a utility sink, and 1 heated attached garage parking which is included (see the floor plan for more.)

This coach house is near Lincoln Park and the shops and restaurants of Old Town.

Listed at $879,000, is this a townhouse alternative?

Julie Busby and Pamela Moran at Compass have the listing. See the pictures and floor plan here.

Unit CH-SE: 3 bedrooms, 2 baths, no square footage listed, coach house

  • Sold in October 1990 for $400,000
  • Sold in February 1993 for $427,500
  • Sold in August 1997 for $413,500
  • Sold in June 2001 for $618,000
  • Sold in March 2003 for $650,000
  • Sold in May 2004 for $701,500
  • Currently listed for $879,000
  • Assessments of $527 a month (includes exterior maintenance, scavenger, snow removal)
  • Taxes of $7574
  • Central Air
  • Washer/dryer in the basement
  • Fireplace
  • Bedroom #1: 13×12 (second floor)
  • Bedroom #2: 12×12 (second floor)
  • Bedroom #3: 12×8 (main floor)
  • Living/dining combo: 20×19 (second floor)
  • Kitchen: 14×7 (second floor)
  • Walk-in-closet: 13×6 (second floor)
  • Sun room: 20×8 (third floor)
  • Foyer: 8×7 (main floor)
  • Laundry room: 25×9 (lower level)
  • Deck: 20×20 (third floor)

A 2-Bedroom West Loop Penthouse With Views for $979,999: 1301 W. Washington

This 2-bedroom corner penthouse in Washington Square at 1301 W. Washington in the West Loop came on the market in May 2023.

Washington Square was built in 1998 and has 45 units and attached heated garage parking.

It does not have door staff or other amenities. There is extra storage.

This corner duplex penthouse has unobstructed south and east exposures including of downtown and the Willis Tower.

It has 22 foot ceilings and radiant heated concrete floors.

The main floor has the living and dining rooms, a family room, the second bedroom and the kitchen along with the full bath.

There is also a balcony on the main level.

The kitchen is a “chef’s kitchen” with wood cabinets, luxury stainless steel appliances and a large peninsula with seating for 5.

There is a separate dining room which has a bar with a wine refrigerator.

The unit has a custom glass and walnut staircase that leads to the second level which has the primary suite and private, secluded 300 square foot terrace.

The primary suite has extra living space on the catwalk, a huge walk-in-closet and a “renovated” primary bath with a walk-in-shower and separate bath.

The unit has the features buyers look for including central air, side-by-side washer/dryer on the second floor and 2-car tandem heated garage parking which is included.

This building is near the shops and restaurants of both Randolph Street and Fulton Market.

Listed at $979,999, that’s $70,999 more than the 2021 sale of $909,000.

Will they get the premium two years later in the West Loop?

Bradley Dumes at Baird & Warner have the listing. See the pictures and floor plan here.

Unit #506: 2 bedrooms, 2 baths, duplex up, penthouse, no square footage listed

  • Sold in November 1999 for $420,000
  • Sold in August 2002 for $620,000
  • Bank owned in December 2010
  • Sold in June 2011 for $325,000
  • Sold in July 2016 for $750,000
  • Sold in March 2021 for $909,000
  • Currently listed at $979,999
  • Assessments of $1116 a month (includes heat, gas, security, cable, exterior maintenance, scavenger, snow removal, Internet)
  • Taxes of $13,578
  • Central Air
  • Side-by-side washer/dryer in the unit
  • Bedroom #1: 19×20 (second floor)
  • Bedroom #2: 11×12 (main floor)
  • Living room: 12×14 (main floor)
  • Dining room: 12×15 (main floor)
  • Kitchen: 13×10 (main floor)
  • Family room: 16×18 (main floor)
  • Den: 10×7 (main floor)
  • Walk-in-closet: 6×9 (second floor)
  • Laundry room: 5×4 (second floor)
  • Balcony: 12×7 (main floor)
  • Deck: 18×18 (second floor)