Connoisseurs of Design Needed for Gold Coast Vintage 2/2 Listed at $800,000: 73 E. Elm
This 2-bedroom in 73 E. Elm in the Gold Coast came on the market in September 2024.
73 E. Elm is a favorite of vintage lovers. It was designed by famed Chicago architects McNally & Quinn in 1928.
It’s a boutique elevator building with just 48 units. There is 24-hour door staff and a roof deck.
There’s no parking but it’s available at 30 E Elm or 1150 N. Lake Shore Drive for rent.
This listing says the seller’s spared no expense on this unit but it appears, from the pictures, that the renovations might have been done as far back as 2015 (see the listing summary and pictures for the 2015 and 2019 sales).
It has dark hardwood floors in the main living spaces and a formal entry foyer with arched doorways.
There is a decorative fireplace in the living room.
The kitchen is open to a family room and has custom white cabinets, Subzero and Wolf appliances and an island with seating for 3.
There are built-ins in the family room which includes a wine refrigerator and a desk with cabinets.
There are French doors to the primary suite which has a walk-in-closet and a Carrara marble bath with a walk-in-shower and double vanity.
There is a second full bath in the hallway.
The listing says the unit has new windows.
It has space pac air conditioning but there is no washer/dryer in the unit, nor does the building allow them. There is a “full service” laundry room in the building.
This building is near the shops and restaurants of the Gold Coast plus Oak Street Beach and Michigan Avenue. There are several bus lines nearby.
Listed at $800,000, that is $107,500 above the 2019 purchase price of $692,500.
Will this seller get the premium in this hot market?
Ryan Gossett and Omar Gonzalez at Compass have the listing. See the pictures and floor plan here.
Unit #4A: 2 bedrooms, 2 baths, 1600 square feet
- Sold in June 2007 for $440,000
- Sold in December 2009 for $660,000
- Sold in July 2012 for $642,500
- Sold in August 2015 for $685,000
- Sold in July 2019 for $692,500
- Originally listed in September 2024 for $800,000
- Currently still listed at $800,000
- Assessments of $2186 a month (includes doorman, cable, exterior maintenance, scavenger, snow removal)
- Taxes of $8787
- Space pac cooling
- No washer/dryer in the unit. Laundry room in the building
- No parking but available in the neighborhood
- Decorative fireplace
- Bedroom #1: 12×15
- Bedroom #2: 12×15
- Living room: 12×14
- Dining room: 10×14
- Foyer: 16×6
- Family room: 18×12
- Kitchen: 13×18
- Walk-in-closet: 6×7