Get a 2-Bedroom Duplex Down Under the 2007 Price: 125 W. Oak in the Gold Coast
This 2-bedroom duplex down in the Oak Club at 125 W. Oak in the Gold Coast came on the market in March 2022.
Built in 1992, The Oak Club has 52 condos with a gated central courtyard. There is garage parking. I always assumed these were townhouses, given that some have attached garages, but this property is listed as a condo.
This unit has 1770 square feet on two levels.
The main level has the living room, dining room, half bath, kitchen and primary suite.
The second bedroom is on the lower level along with the laundry and access to the garage.
There is a fireplace in the living room.
The listing says the kitchen has been “updated” and has granite counter tops, a breakfast bar that seats 3, wood cabinets, stainless steel appliances.
There is a bar area with a wine refrigerator in the dining room.
The primary bedroom has an en suite bathroom with a walk-in-shower and separate tub along with 2 walk-in-closets, one of which was turned into a home office.
The lower level bedroom has a custom closet and en suite bath.
I don’t see any private outdoor space on the floor plan but the Oak Club is across the street from Washington Park, which is popular with neighborhood residents and is dog friendly.
This unit has the features buyers look for including central air, washer/dryer in the unit and private attached garage parking, which has storage.
The listing says there was a new furnace in 2021 and the association put on a new roof only “a few years ago.”
The listing also says: “Seller is providing a one year home warranty at closing.”
This complex is near the shops and restaurants of the Gold Coast and River North, near the Mag Mile, Oak Street Beach and other amenities.
Originally listed in March 2022 for $729,900, it has been reduced to $664,900. That is under the 2007 purchase price of $685,000.
Is this a deal?
Lauren Dayton and Burt Bhairoo at Jameson Sotheby’s have the listing. See the pictures and floor plan here.
Unit F: 2 bedrooms, 2.5 baths, 1770 square feet, duplex down
- Sold in October 1995 for $325,000
- Sold in May 1998 for $347,500
- Sold in May 2005 for $592,500
- Sold in August 2007 for $685,000
- Originally listed in March 2022 for $729,000
- Reduced several times
- Currently listed at $664,900
- Assessments of $602 a month (includes cable, exterior maintenance, lawn care, scavenger, snow removal, Internet)
- Taxes of $14,120
- Central Air
- Washer/dryer in the unit
- Fireplace
- Bedroom #1: 16×13 (main level)
- Bedroom #2: 16×15 ( lower level)
- Living room: 17×14 (main level)
- Dining room: 15×12 (main level)
- Kitchen: 13×10 (main level)
- Office: 7×5 (main level)
- Walk-in-closet: 7×5 (main level)
- Laundry room: 4×8 (lower level)