3 1/2 Years Later and Trying Again to Sell the Luxury 2/2 in River North: 55 E. Erie
This 2-bedroom at 55 E. Erie, the popular luxury high rise in the Cathedral District of River North, has been on and off the market for 3 1/2 years.

We even chattered about it way, way back in November 2007.
See our November 2007 chatter here (but since this blog was very new at that time- there were, gasp, no comments to the post.)
We also chattered about it in February 2008 and some people actually commented. See the interior pictures here (it’s the second set of pics in the post).
In November 2007, the unit was priced at $779,000, including the parking, after it had been purchased in 2006 for $710,000.
Flash forward to 2011 and the unit is again available and was recently reduced another $17,500.
It is now listed, with parking, for $42,500 under the 2006 purchase price at $667,500.
This North facing unit actually has an entry foyer, which you rarely see in newer construction condo buildings.
It also has 9’6″ ceilings and hardwood floors throughout the living area.
The kitchen has finishes you would expect from new construction in that era, including granite counter tops and stainless steel appliances.
The bathrooms are marble.
55 E. Erie is a full service building with an indoor pool, doorman, sauna and exercise facility.
Nearly 4 years later, will this unit finally find a buyer?
Margaret Baczkowski at @Properties has the listing. See the pictures here.
Unit #2202: 2 bedrooms, 2 baths, 1407 square feet
- Sold in November 2003 for $581,900
- Sold in January 2006 for $710,000 (included the parking)
- Was listed in November 2007 for $729,000 (plus $50,000 for the parking)
- On and off the market
- Was listed in March 2011 for $642,500 (parking was extra)
- Reduced
- Currently listed for $625,000 (plus $42,500 for parking)
- Assessments of $668 a month (includes a/c, gas, doorman)
- Taxes of $9770
- Central Air
- Washer/Dryer in the unit
- Bedroom #1: 13×12
- Bedroom #2: 15×12
















