Get a 2/2 Corner Duplex Penthouse for $465,000: 400 W. Ontario in River North
This 2-bedroom corner duplex penthouse in 400 W. Ontario in River North came on the market in April 2023, but it has been on, and off, the market since September 2019.
We actually chattered about this unit when it was last on the market in February 2018. See our chatter here.
400 W. Ontario was built in 1923 and has 117 units and an attached parking garage.
The building has door staff, on-site management, a package room and an exercise room.
You may recall that this unit is marketed as a “penthouse” but it is on the top floor of the base of this building. That’s the part that was built in 1923. A tower was added in the recent decades on top of that older base.
This unit has loft features including exposed concrete ceilings, industrial windows and exposed brick walls.
It has north and west views.
It appears that both bedrooms have a window. The primary bedroom has a walk-in-closet.
One of the bathrooms has a double vanity (primary?).
The kitchen has gray cabinets, stainless steel appliances, granite counter tops and a breakfast bar or peninsula which may have room for seating.
This unit has the features that buyers look for including central air, washer/dryer in the unit and 2-car tandem parking is included.
This building is near the shops and restaurants of West River North.
Originally listed in September 2019 for $580,000, it was on and off the market for nearly 4 years and was withdrawn in April of last year.
Re-listed this April for $465,000, that is $55,000 under the 2018 sales price of $520,000.
Is this a deal?
Alberto Canaveral and Rosalba Salinas at A&R Realty have the listing. See the pictures here. Sorry no floor plan.
Unit #701: 2 bedrooms, 2 baths, 1550 square feet, duplex up
- Sold in July 2000 for $252,500 (included parking)
- Sold in April 2001 (no price listed)
- Sold in October 2012 for $380,000 (included parking)
- Sold in June 2015 for $410,000 (included parking)
- Sold in April 2018 for $520,000 (included parking)
- Originally listed in September 2019 for $580,000 (per Zillow)
- Withdrawn in April 2022
- Re-listed in April 2023 for $465,000 (includes tandem parking)
- Assessments are now $840 a month (they were $691 a month in February 2018) (includes doorman, cable, Internet, exercise room, exterior maintenance, lawn care, scavenger and snow removal)
- Taxes are now $9107 (they were $6527 in 2018)
- Central Air
- Washer/dryer in the unit
- Bedroom #1: 13×11 (main level)
- Bedroom #2: 14×10 (main level)
- Living room/dining room combo: 18×14 (main level)
- Kitchen: 15×8 (main level)
- Den: 14×12 (second level)
- Terrace: 14×12 (second level)