Get a 1-Bedroom Plus Den Authentic Loft in the West Loop for $425,000: 1040 W. Adams

This 1-bedroom loft in No. Ten Lofts at 1040 W. Adams in the West Loop came on the market in September 2024.

Built in 1915, No. Ten Lofts was converted into 259 lofts in 2006 during the housing boom. It has an attached garage.

The building has door staff, a gym that was remodeled in 2022, an owners club room with gourmet kitchen, pool table and courtyard for grilling. There’s also a theater on the third floor with recliner chairs, a yoga studio and a business center.

This 1-bedroom loft has the features loft lovers look for including exposed brick walls, large industrial windows, exposed ductwork and 12-foot timber ceilings.

The listing says it has custom window treatments with southern and western exposures.

There are diagonal hardwood floors in the main living areas and “fresh carpeting” in the bedroom.

The loft has a bonus den/office off the kitchen (no door) with a window.

The kitchen, updated in 2018, is a “chef’s dream” with new white cabinets, quartz counter tops, stainless steel appliances, and a peninsula which appears to support chairs around it.

There’s no dining room.

The loft also has a “rare oasis” with a private 16×14 foot terrace. It is the only terrace on the floor.

The loft comes with the features that buyers look for including central air, washer/dryer in the unit and garage parking is available for $25,000.

This building is near Mary Bartelme Park, Mariano’s and Whole Foods, the McDonald’s HQ and the shops and restaurants on Randolph Street and Greek Town.

Listed at $400,000 plus $25,000 for parking, or $425,000, that would be a new high price point for this loft since the 2006 conversion.

Will the seller get the premium?

Kelly Angelopoulos at Jameson Sotheby’s has the listing. See the pictures and floor plan here.

Unit #502: 1 bedroom, 1 bath, 843 square feet, loft

  • Sold in March 2006 for $257,000 (appears to have included the parking)
  • Sold in March 2012 as a “short sale” for $229,000 (appears to have included the parking.) Also agreed to pay $5,000 in closing costs.
  • Sold in June 2017 for $365,000 (appears to have included the parking)
  • Listed in September 2024 for $400,000 (plus $25,000 for the parking)
  • Currently still listed for $400,000 (plus $25,000 for parking)
  • Assessments of $596 a month (includes doorman, cable, clubhouse, exercise room, exterior maintenance, scavenger, snow removal, bike room)
  • Taxes of $6746
  • Central Air
  • Washer/dryer in the unit
  • Deeded garage parking available for $25,000 extra
  • Bedroom: 12×14
  • Living room: 14×13
  • Kitchen: 14×9
  • Den: 8×6
  • Terrace: 16×14

 

Market Conditions: August Inventory Fell 7.1% YOY as Sales Fell to 13-Year Lows

The Illinois Association of Realtors is out with the August 2024 data.

The Chicago market remained extremely tight with inventory and sales falling again.

“The city of Chicago saw a 7.1 percent year-over-year home sales decrease in August 2024 with 2,083 sales, down from 2,242 in August 2023. The median price of a home in the city of Chicago in August 2024 was $355,000, an increase of 7.1 percent from August 2023 when the median price was $331,500.”

August sales since 2007:

  • August 2007: 2923 sales
  • August 2008: 2078 sales
  • August 2009: 1927 sales
  • August 2010: 1486 sales
  • August 2011: 1787 sales
  • August 2012: 2209 sales
  • August 2013: 2850 sales
  • August 2014: 2414 sales
  • August 2015: 2701 sales
  • August 2016: 2844 sales
  • August 2017: 2791 sales
  • August 2018: 2754 sales
  • August 2019: 2601 sales
  • August 2020: 2870 sales
  • August 2021: 2919 sales 
  • August 2022: 2354 sales
  • August 2023: 2242 sales
  • August 2024: 2083 sales

August Median Sales Price

  • August 2007: $305,000
  • August 2008: $297,500
  • August 2009: $229,900
  • August 2010: $200,000
  • August 2011: $192,500
  • August 2012: $200,000
  • August 2013: $245,000
  • August 2014: $269,500
  • August 2015: $271,000
  • August 2016: $271,000
  • August 2017: $284,000
  • August 2018: $280,000
  • August 2019: $289,900
  • August 2020: $335,000
  • August 2021: $335,000
  • August 2022: $315,000
  • August 2023: $331.500
  • August 2024: $355,000

“In August, a decrease in closed sales were reflective of Chicago’s limited inventory as sellers consider the balance of a fast selling and competitive buying market,” Erika Villegas, president of the Chicago Association of REALTORS® and broker and owner of RE/MAX In the Village said. “Work with your local REALTOR® and a lender so you can take action when the opportunity arises.”

Inventory is finally moving HIGHER statewide. Statewide, inventory rose 8% to 21,932 homes from 20,315 homes in August 2023.

Chicagoland is also seeing higher inventory as it rose 6.8% to 14,975 from 14,023 properties.

Only Chicago is still seeing declining inventory, where it fell 8.5% to 5,048 from 5,515 last year.

For multi-year comparisons:

Statewide Inventory:

  • 34,083 in August 2021
  • 29,084 in August 2022
  • 20,315 in August 2023 (down 30% year-over-year)
  • 21,932 in August 2024 (up 8% yoy)

Chicago Inventory:

  • 9,231 in August 2021
  • 7,999 in August 2022
  • 5,515 in August 2023 (down 30.9% year-over-year)
  • 5,048 in August 2024 (down another 8.5% yoy)

The 30-year fixed rate mortgage in August 2024 was 6.5%, down from 6.84% in July 2024 and down sharply from last year when it averaged 7.07%.

Do the mortgage rates even matter for home sales anymore when inventory is this low?

Illinois home sales fall while inventory and median prices rise in August [Illinois Association of Realtors, Press Release, September 19, 2024]

3-Bedroom Duplex Penthouse with a Patio Sanctuary: 400 E. Ohio in Streeterville

This 3-bedroom duplex penthouse at 400 E. Ohio in Streeterville came on the market in July 2024.

400 E. Ohio was built in 1982. It has 182 units and attached garage parking.

It has door staff, a pool, and exercise room along with an outdoor deck with sitting areas.

This penthouse is a true penthouse with “awe-inspiring” vistas of Lake Michigan and the City.

There are herringbone wood floors throughout.

On the first floor is the living room, dining room, kitchen, and two bedrooms.

The eat-in kitchen is “chef-inspired,” crafted by Culinablu, with an induction cook-top, Miele steam oven and convection oven along with a wine fridge.

One of the bedrooms on the first floor is en suite.

A 2-story circular staircase takes you up to the 50th floor where there is the family room and primary suite.

The primary suite has views, a walk-in-closet, and a “brand new” primary bath with a multi-spray shower.

There are also THREE wood burning fireplaces, one in the living room, one in the second floor family room and one in the primary suite.

Off the family room is a private, 350 square foot roof deck with city views and landscaping.

The unit has the features buyers look for including central air, washer/dryer in the unit and 3 garage parking spots are available for $50,000 each.

400 E. Ohio is in the middle of Streeterville, near Ohio Street Beach, the Whole Foods, the AMC, other shops and restaurants and with easy access to the Mag Mile and multiple bus lines.

Listed in July 2024 for $1.695 million, it’s still listed at $1.695 million. That’s a $470,000 premium over the 2021 sales price of $1.225 million, but it does have a new primary bathroom.

At 3300 square feet, is this a single family home alternative?

Steven Powers at Century 21 SGR has the listing. See the pictures and floor plan here.

Unit #4901: 3 bedrooms, 3 baths, 3300 square feet, duplex penthouse

  • Sold in October 1989 for $666,000
  • Sold in August 2008 for $700,000
  • Sold in June 2021 for $1.225 million
  • Originally listed in July 2024 for $1.695 million
  • Still listed at $1.695 million
  • Assessments of $2583 a month (includes doorman, pool, exterior maintenance, scavenger, snow removal)
  • Taxes of $17,867
  • Central Air
  • Washer/dryer in the unit
  • 3 garage spots available starting at $50,000 each
  • 3 wood burning fireplaces
  • Bedroom #1: 25×16 (second floor)
  • Bedroom #2: 17×12 (main floor)
  • Bedroom #3: 16×11 (main floor)
  • Living room: 22×24 (main floor)
  • Kitchen: 22×12 (main floor)
  • Dining room: 18×14 (main floor)
  • Family room: 24×22 (second floor)
  • Laundry: 8×3 (main floor)
  • Deck: 350 square feet (second floor)

3-Bedroom Lincoln Park Condo Lives Like a SFH for $1.099 Million: 1307 W. Wrightwood

This 3-bedroom duplex down in 1307 W. Wrightwood in Lincoln Park came on the market in September 2024.

Built in 2011, this condo complex has 19 units and attached heated garage parking. It’s an elevator building.

This unit has its own private entrance and the listing says it lives like a single family home.

The main floor has hardwood floors, the living room, dining room, kitchen and primary suite.

The kitchen is open to the dining and living rooms and has white cabinets with Bosch, Wolf and Subzero appliances, stone countertops and an island with seating for 3.

The primary suite has a large walk-in-closet and a white marble spa bath with steam shower, double vanities and a separate tub.

There’s a half bath on the main floor as well.

The other two bedrooms, a shared full bath, a second half bath, a family room and an office/playroom are on the lower level.

There’s also a mudroom on the lower level.

This unit has two outdoor spaces, a covered deck off the main level with a hard gas line, which leads to a brick patio in the private fenced yard, which wraps around the building.

The yard has “mature” landscaping and a chipping/putting green.

The unit has central air, a laundry room in the lower level and 1 attached heated garage space is included with a second attached space available to purchase.

The listing says it’s in the Oscar Mayer school district and close to 4 parks, Starbucks and the Avli restaurant.

Listed at $1.099 million, is this a single family home alternative for those who want to spend $1 million and want to live in Lincoln Park?

Jennifer Mills at Jameson Sotheby’s has the listing. See the pictures here (sorry no floor plan in the current listing but the 2017 listing has it.)

Unit #101: 3 bedrooms, 2 full baths, 2 half baths, duplex down, 2540 square feet

  • Sold in August 2012 for $850,000
  • Sold in September 2013 for $1.07 million
  • Sold in October 2017 for $975,000
  • Listed in September 2024 for $1.099 million
  • Assessments of $670 a month (includes exterior maintenance, lawn care, scavenger)
  • Taxes of $16,456
  • Central Air
  • Washer/dryer in the unit
  • 1 attached garage parking space included with a second one available to purchase
  • Bedroom #1: 13×12 (main floor)
  • Bedroom #2: 12×11 (lower level)
  • Bedroom #3: 12×12 (lower level)
  • Kitchen: 17×12 (main level)
  • Living room: 20×15 (main level)
  • Dining room: 18×11 (main level)
  • Family room: 28×19 (lower level)
  • Mud room: 6×5 (lower level)
  • Balcony: 15×7 (main level)

Get a 1-Bedroom with Custom Cabinets in the Gold Coast for $229,000: 20 E. Goethe

This 1-bedroom at 20 E. Goethe in the Gold Coast came on the market in August 2024.

20 E. Goethe is a boutique vintage building built in 1899. It has 38 units.

There is no door staff, nor parking, nor amenities. It does have an elevator.

This unit is located on the top floor, or penthouse, level.

It doesn’t have any of its vintage features such as crown molding.

But the unit does have hardwood floors throughout and 14-foot ceilings. The listing describes it as “bright and airy.”

The kitchen has white custom cabinets, stainless steel appliances, “luxe” lighting and faucets and what looks like stone countertops. It appears to have been updated since the prior sale in early 2024. See the prior listing pictures.

Even though the unit is just 648 square feet, it has a walk-in-closet.

There is no in-unit washer/dryer, the air conditioning is in window units and there is no parking but it’s available in the neighborhood.

This building is in the heart of the Gold Coast, near the RH 3Arts Cafe and the shops and restaurants on Division and State as well as in Old Town.

The listing says there are no rental restrictions and the building is investor friendly.

Listed in August for $239,000, it has been reduced $10,000 to $229,000. But this is still $64,000 above the April 2024 sales price of $165,000.

It has also come on the market as a rental for $2100 a month.

Will this seller be able to get the premium after the price reduction? Or will it be rented?

Audra Adomenas at Weichert Realtors Ambassador has the listing. See the pictures and floor plan here.

Unit #603: 1 bedroom, 1 bath, 648 square feet

  • Sold in August 1996 for $65,000
  • Sold in September 2001 for $133,500
  • Sold in February 2016 for $197,500
  • Sold in April 2024 for $165,000
  • Listed in August 2024 for $239,000
  • Reduced
  • Currently listed at $229,000
  • Also came on the market as a rental in September 2024 for $2100 a month
  • Assessments of $494 a month (includes heat, gas, exterior maintenance, scavenger, snow removal)
  • Taxes of $3765
  • No central air but window units
  • No washer/dryer in the unit. Coin laundry in the building.
  • No parking.
  • Bedroom #1: 14×8
  • Living room: 11×14
  • Kitchen: 7×10
  • Walk-in-closet: 6×5

Vintage 2-Bedroom with New York Lifestyle Reduces $19,000 at 415 W. Aldine in East Lakeview

This vintage 2-bedroom at 415 W. Aldine in East Lakeview came on the market in May 2024.

Built in 1927, 415 W. Aldine has 60 units.

It does not have door staff but has a clubhouse and a bike room. There is also leased parking attached to the building.

This unit still has some of its vintage features including a massive foyer measuring 8×18 with barrel vaulted ceilings, hardwood floors, extensive moldings and built-ins.

As is common in 1920s properties, it has a large formal dining room.

It has a fireplace in the living room, but it is decorative.

The chef’s kitchen has white cabinets and open shelving with stone countertops, limestone flooring and commercial grade appliances.

There’s also a butler’s pantry.

Both bedrooms are en suite but there is a door to the hallway from one of the bathrooms so you don’t have to walk through a bedroom to get to it.

There is space pac cooling.

The unit does not have washer/dryer in the unit. It is coin laundry in the building.

Parking is leased on site or is available to rent in the neighborhood.

However, why would you need a car?

The listing says it’s a “New York lifestyle” as it’s near the lake, the shops and restaurants on Broadway and Belmont and several bus lines.

Listed in May 2024 at $449,000, it went under contract but fell out. It was reduced $19,000 a few days ago to $430,000.

Will the reduction get the sale?

Brad Lippitz and Anne Killarney at Compass have the listing. See the pictures and floor plan here.

Unit #9D: 2 bedrooms, 2 baths, 1811 square feet

  • Sold in July 1991 for $109,000
  • Sold in September 1996 for $166,000
  • Sold in May 1999 for $194,000
  • Sold in May 2003 for $295,000
  • Sold in June 2005 for $335,000
  • Listed in May 2024 for $449,000
  • Under Contract in June 2024
  • Re-listed August 2024 at $449,000
  • Reduced 
  • Currently listed at $430,000
  • Assessments of $1254 a month (includes heat, cable, clubhouse, exterior maintenance, lawn care, scavenger, snow removal, Internet)
  • Taxes of $7124
  • No central air but space pac
  • No washer/dryer in the unit. Coin laundry in the building
  • No parking but rental available
  • Decorative fireplace
  • Bedroom #1: 12×17
  • Bedroom #2: 16×12
  • Living room: 22×17
  • Dining room: 13×20
  • Kitchen: 8×14
  • Foyer: 8×18

 

 

Pretty and Peaceful 2-Bedroom in East Lakeview for $374,700: 3600 N. Pine Grove

This 2-bedroom in Pine Grove Court at 3600 N. Pine Grove in East Lakeview came on the market in September 2024. (Sorry, no picture. Yikes!)

Built in 1926, this courtyard building has 55 units. It has a bike room and a rooftop deck. There is no parking with the building.

The listing says Pine Grove Court is one of the most beautiful courtyard buildings in East Lakeview and that is very true. That’s what makes it even more surprising that I don’t have a picture of it after all these years.

It’s the white brick building on the corner of Addison and Pine Grove.

This is a corner unit with tree top views.

The listing calls it “pretty and peaceful.”

It has north, east and south exposures.

It still has some of its vintage features including parquet wood floors in the living and dining rooms, a foyer, a separate dining room and a wood burning fireplace with built-ins in the living room.

The kitchen has been “recently remodeled.” The listing says the seller opened the wall to the dining room which created space for a breakfast bar that seats two.

It has white cabinets, new stainless steel appliances, black stone countertops, a white tile backsplash, a French farmhouse sink and a checkerboard floor.

Both bedrooms are carpeted (wonder what is underneath?).

The primary bedroom has a half bath. The listing says that the “owners can install a w/d in the closet behind the 1/2 bath.”

The unit does not have central air, but has window air conditioning units.

There is also no parking but it’s available for rent in the neighborhood. But who needs a car here?

From the listing:

“Easy access to Lincoln Park, Lake Shore Drive bike/jogging path, Belmont harbor & dog beach, Montrose beach, Whole Foods & Jewel, restaurants & nightlife on Broadway, Clark, & Halsted. Super convenient to lake shore drive, cta bus at corner & cta redline at Addison & Sheffield. Close to boys town & Wrigleyville too!”

Listed at $374,700, that is $59,700 above the 2022 sales price of $315,000.

It now has a remodeled kitchen and the blue carpet in the primary bedroom has been replaced.

Will they get the premium in this hot market?

Kim Kerbis and Vashti Araia at @properties Christie’s has the listing. See the pictures and floor plan here.

Unit #3A: 2 bedrooms, 1.5 baths, 1200 square feet

  • Sold in June 1992 for $123,000
  • Sold in September 1998 for $162,000
  • Sold in August 2022 for $315,000
  • Listed in September 2024 for $374,700
  • Assessments of $585 a month (includes heat, gas, cable, exterior maintenance, lawn care, scavenger, snow removal, Internet)
  • Taxes of $5198
  • No central air but window units
  • No washer/dryer in the unit (coin laundry in the building)- but listing says it can be added
  • No parking but available for lease nearby
  • Wood burning fireplace
  • Bedroom #1: 16×10
  • Bedroom #2: 12×1
  • Living room: 15×19
  • Dining room: 15×11
  • Kitchen: 15×8
  • Foyer: 7×4

Ultra-Sophisticated Old Town Townhouse with 2-Car Garage for $1.2 Million: 1610 N. Mohawk

This 3-bedroom townhouse at the Larrabee Commons at 1610 N. Mohawk in Old Town came on the market in September 2024. (Sorry, no picture. I don’t think we have chattered about this complex before, but here’s a picture of St. Michael Catholic Church which is nearby.)

Built in 1989, Larrabee Commons has 49 townhouses around a common interior landscaped courtyard.

It has an attached garage and the listing says it is in the Lincoln Elementary school district.

The listing calls this townhouse an “ultra-sophisticated” Lincoln Park home.

It has been fully renovated and has hardwood floors throughout.

The listing says it is an “urban retreat inspired by the elegance of the Palmolive Building.”

There is a double sided granite fireplace on the first floor.

It has a “designer” kitchen with custom cabinets, all high-end SubZero, Thermador and Fisher & Paykel appliances, quartzite countertops and a double dishwasher.

There’s a dining room and a half bath on the main floor.

All three bedrooms are on the second floor, including the primary suite which has an en suite bathroom that the listing calls a “sanctuary.” It has a separate shower, Jacuzzi tub and dual vanities.

There’s a second full bath on this level.

Worried about safety? The townhouse has a sophisticated alarm system.

It has the features buyers look for including central air, washer/dryer, skylights and rare 2-car attached garage parking.

There are two outdoor features including a main level brick paver patio and an oversized balcony off the living room.

The complex is in a prime location of Old Town as one can walk to the Old Town shops and restaurants, those in Lincoln Park on Armitage or Webster, and the shops and restaurants of North and Clybourn.

It’s near the Brown line subway stop at Sedgwick and bus lines.

Listed at $1.2 million, will this sell quickly and for over ask?

Laura England at Compass has the listing. See the pictures and floor plan here.

Unit #E: 3 bedrooms, 2.6 baths, 2800 square feet, townhouse

  • Sold in August 1996 for $360,000 (per Zillow)
  • Sold in April 2000 for $420,000 (per Zillow)
  • Currently listed at $1.2 million
  • Assessments of $830 a month (includes cable, exterior maintenance, lawn care, scavenger, snow removal)
  • Taxes of $18,147
  • Central Air
  • Washer/dryer
  • 2-car attached garage
  • Skylights
  • Double sided granite fireplace
  • Bedroom #1: 29×12 (second floor)
  • Bedroom #2: 11×10 (second floor)
  • Bedroom #3: 11×10 (second floor)
  • Living room: 26×17 (main floor)
  • Dining room: 13×12 (main floor)
  • Kitchen: 16×8 (main floor)
  • Breakfast room: 8×8 (main floor)
  • Foyer: 6×15 (main floor)
  • Family room: 13×12 (main floor)

 

Renovated 3-Bedroom River North Penthouse Reduces to $949,000: 600 N. Kingsbury

This 3-bedroom penthouse in Park Place at 600 N. Kingsbury in River North came on the market in May 2024.

But many of you might remember it from our last chatter in September 2019. It had recently been renovated at that time.

You can see our chatter here.

Park Place was built in 2002 and has 163 units and garage parking. It’s a full amenity building with doormen, an outdoor pool and an exercise room.

The 2020 listing said this penthouse had a “gut rehab” which took 1.5 years to complete.

It had new electric, plumbing and sprinklers.

The current listing said the fully renovated penthouse was “crafted by Chris George Interiors.”

If you recall, the 2-story living room has a floating staircase and custom electric floor-to-ceiling drapes.

There is an Italian Arrital kitchen with porcelain counter tops, a floating Italian hood, and Subzero, Dacor and Wolf appliances.

There are panoramic views of the park and Chicago River.

The primary bedroom is on the main floor and has a designer fireplace, an en suite bathroom which is a “spa-like oasis” with heated Italian porcelain floors, air jet tub with a Fantini waterfall tub filler, and a steam shower with body sprays.

There is another bedroom and full bath on the main floor and the third bedroom is on the second level.

In 2020, it was used as a den but in 2024, it appears to be an office/workout room.

This unit also has a 24×12 rooftop terrace with skyline views.

This penthouse has central air, washer/dryer in the unit and 2 extra large garage spaces.

This building is along the River, near a park and riverwalk, and is near the shops and restaurants of West River North.

It sold in May 2020, just 2 months after the start of the covid pandemic, when home sales had froze, and before things picked up. Originally listed in March 2019 for $1.2 million, it finally sold in May 2020 for $895,000.

Four years later, it was listed in May 2024 for $995,000 but has reduced to $949,000.

Buyers love “new.”

Why isn’t this selling?

Joanne Hudson and Forrest Hudson at Compass have the listing. See the pictures and floor plan here.

Unit #1906: 3 bedrooms, 3 baths, 2100 square feet, duplex, penthouse

  • Sold in January 2004 for $700,000 (included 2 parking spaces)
  • Lis pendens filed in July 2008
  • Bank owned in March 2011
  • Sold from the bank in March 2012 for $335,000 (included the parking)
  • Originally listed in March 2019 for $1.2 million
  • Reduced
  • Was listed in September 2019 at $1 million (plus $70,000 for 2-car parking)
  • Sold in May 2020 for $895,000
  • Originally listed in May 2024 for $995,000
  • Was under contract
  • Came back on and then was reduced
  • Currently still listed at $949,000
  • Assessments are now $1948 a month (was $1657 a month in September 2019) (includes air conditioning, gas, doorman, exercise room, pool, exterior maintenance)
  • Taxes are now $20,360 (they were $17,784 in 2019)
  • Central Air
  • Washer/dryer in the unit
  • 2 extra large garage parking spaces (included this time?)
  • Fireplace in the master bedroom
  • Bedroom #1: 18×16 (main level)
  • Bedroom #2: 16×10 (main level)
  • Bedroom #3: 15×18 (second floor)
  • Kitchen: 12×10 (main level)
  • Living room: 14×17 (main level)
  • Dining room: 11×12 (main level)
  • Walk-in-closet: 9×6 (main level)
  • Deck: 24×12 (second level)

3-Bedroom Dream Home in Benjamin Marshall Masterpiece at 999 N. Lake Shore Drive in the Gold Coast

This 3-bedroom in 999 N. Lake Shore Drive in the Gold Coast came on the market in June 2024. But it has been on, and off, the market since 2019.

Built in 1912, having been designed by Benjamin Marshall, 999 N. Lake Shore Drive is an iconic Chicago building overlooking Lake Michigan. It has just 27 units.

There’s no parking but there is valet available next door for rent. It has 24/7 door staff and there are storage rooms.

The building also has a new exercise room with Peloton and a common roof top terrace with a fire pit and Lynx grills.

The listing says this unit is a “dream home” and that it has been “renovated.”

It has many vintage features including crown moldings and ornate plaster detail ceilings.

The unit has a fireplace but I can’t tell if it’s wood burning or not (possibly?). It looks like a limestone mantle.

There’s a library and a family room and dining room combination.

The chef’s kitchen is a custom dream kitchen with “best-in-class” cream cabinetry, luxury appliances and stonework.

The primary suite has “sublime” water views with a large bath with separate bath tub and mammoth shower.

The two secondary bedrooms have en suite baths.

The unit has the features buyers look for including central air and washer/dryer in the unit. Leased valet parking is available next door.

This building is near several beaches, the lakefront trail and the shops and restaurants of Streeterville, the Gold Coast and the Mag Mile.

It is a co-op.

Originally listed in May 2019 for $2.685 million, it has been on and off the market since then and is now listed at $1.5 million.

Will this lower price finally produce a sale?

Timothy Salm at Jameson Sotheby’s has the listing. See the pictures and video here. There is no floor plan.

Unit #2A: 3 bedrooms, 3.5 baths, 4000 square feet, co-op

  • Sold in November 2011 for $1.45 million (according to Zillow)
  • Sold in October 2015 for $2.35 million (according to Zillow)
  • Originally listed in May 2019 for $2.685 million
  • On and off the market
  • Listed in June 2024 for $1.795 million
  • Reduced
  • Currently listed at $1.5 million
  • Assessments of $5,431 a month (includes heat, gas, doorman, cable, exterior maintenance, lawn care, scavenger, snow removal, Internet, manager/engineer)
  • Taxes of $26,130 (not included in the assessments?)
  • Central Air
  • Washer/dryer in the unit
  • Valet garage parking available next door
  • Fireplace (wood burning?)
  • Bedroom #1: 27×20
  • Bedroom #2: 27×13
  • Bedroom #3: 27×13
  • Kitchen: 20×22
  • Library: 15×11
  • Foyer: 7×20
  • Living room: 28×15
  • Sunroom: 14×12
  • Dining room: 21×14