2-Bedroom with Millennium Park and Lake Views Reduces $100K: 340 E. Randolph
This corner 2-bedroom in 340 On the Park at 340 E. Randolph in Lakeshore East came on the market in February 2022.
340 On the Park was built in 2007 and has 344 units and an attached parking garage.
The building has extensive amenities including a 4000 square foot exercise room, a wintergarden, a 75 foot lap pool, sauna and steam room along with a club room. It also has 24/7 door staff.
This southeast corner unit has a split floor plan with floor-to-ceiling windows which the listing says has unobstructed views of the Lake, Monroe Harbor, Millennium Park and the skyline.
It has wood floors in the main living/dining/kitchen areas and carpet in the bedrooms.
Both bedrooms are en suite and there is a powder room for guests.
It has 2 large walk-in-closets.
The unit has what looks like the original kitchen from 2007 which prior listings said were Snaidero cabinets and stainless steel appliances.
It also has a Millennium Park facing balcony which appears to be accessed off the bedroom.
The unit has the features buyers look including washer/dryer in the unit, central air, and one heated garage parking space is included.
Originally listed in February 2022 for $1.4 million, a year later it has been reduced $100,000 to $1.3 million.
However, that’s still above the 2017 sales price of $1.065 million.
Sixteen years later, do the south facing units in 340 On the Park still get a premium for the views?
Naomi Wilkinson at Magellan Realty has the listing. See the pictures here (sorry, no floor plan.)
Unit #501: 2 bedrooms, 2.5 baths, 1681 square feet
- Sold in July 2008 for $1.05 million
- Sold in September 2017 for $1.065 million
- Originally listed in February 2022 for $1.4 million
- Reduced
- Currently listed at $1.3 million
- Assessments of $1129 a month (includes gas, doorman, cable, exercise room, pool, exterior maintenance, lawn care, scavenger, snow removal, Internet)
- Taxes of $21,513
- Central Air
- Washer/dryer in the unit
- 1 garage parking space included
- Bedroom #1: 13×17
- Bedroom #2: 13×12
- Living room: 17×14
- Dining room: 16×13
- Kitchen: 10×9
- Foyer: 9×7
- Laundry: 4×3











