A River North 2/2 is Listed $29,500 Under the 2005 Sales Price: 200 W. Grand
This 2-bedroom in the Grand on Grand Condominiums at 200 W. Grand in River North came on the market in February 2023.
Built in 2004 during the housing bubble, Grand on Grand has 106 units and attached garage parking.
It has 24/7 door staff, a sundeck and fitness center.
This unit is a “rarely available” southwest tier with city views from floor-to-ceiling windows.
It has an open kitchen with white cabinets, granite counter tops, stainless steel appliances and a breakfast bar.
There’s a dining room with wood built-ins and a dry bar in the living room, with white cabinets.
The unit has a balcony off the living/dining room.
The primary suite has a walk-in-closet and en suite bath with double vanity and soaking tub and shower.
The listing says recent updates include hardwood floors, which are throughout the unit, including the bedrooms, window treatments, the dining room built-ins, fresh paint, refrigerator, microwave, ceiling fans and lights.
The unit has the features buyers look for including washer/dryer in the unit, central air and garage parking is available for $25,000 extra.
This building is near the shops and restaurants of River North, the riverwalk and public transportation.
Listed in February 2023 for $455,000, it has been reduced $25,000 to $420,000.
If you include the parking, it’s also $29,500 under the 2005 selling price of $484,500, which did include the garage parking space.
MikeHG has talked in the comments about being willing to “buy low” in River North, or the West Loop.
Are the prices in River North “low” enough right now? Is this unit a deal at $29,500 under the 2005 price?
Layching Quek at Redfin has the listing. See the pictures and floor plan here.
Unit #2003: 2 bedrooms, 2 baths, 1250 square feet
- Sold in December 2005 for $484,500 (included the parking)
- Sold in August 2013 for $442,000 (included the parking)
- Sold in June 2018 for $485,000 (included the parking)
- Originally listed in February 2023 for $455,000
- Reduced
- Currently listed at $420,000
- Assessments of $915 a month (includes heat, a/c, gas, doorman, cable, exercise room, exterior maintenance, scavenger, snow removal, Internet)
- Taxes of $8244
- Garage parking space is $25,000 extra
- Central Air
- Washer/dryer in the unit
- Bedroom #1: 13×18
- Bedroom #2: 10×13
- Living room: 14×12
- Dining room: 11×13
- Kitchen: 9×8
- Balcony