Crib Chatter

The biggest story with Chicago housing in 2024 hasn’t been the slow sales, but the inventory decline. In July 2024, inventory dropped again, even as it rose statewide.

From the Illinois Association of Realtors:

The city of Chicago saw a 5.3 percent year-over-year home sales increase in July 2024 with 2,161 sales, up from 2,052 in July 2023. The median price of a home in the city of Chicago in July 2024 was $360,000, an increase of 5.9 percent from July 2023 when it was $340,000.

Here’s the July data since 1997 (thanks, once again, to G for the historic info):

• 1997: 1,694
• 1998: 2,139
• 1999: 2,186
• 2000: 2,013
• 2001: 2,410
• 2002: 2,661
• 2003: 3,105
• 2004: 3,429
• 2005: 3,487
• 2006: 3,088
• 2007: 2,819
• 2008: 2,200
• 2009: 2,040
• 2010: 1,631
• 2011: 1,666
• 2012: 2,088
• 2013: 2,902
• 2014: 2,725
• 2015: 3,082
• 2016: 2,780
• 2017: 2,698
• 2018: 2,803
• 2019: 2,708
• 2020: 2,793
• 2021: 3,350
• 2022: 2,481
• 2023: 2,052
• 2024: 2,161

While sales rose, they still remain near levels last seen in 2012 which was still during the housing bust.

“Closed sales and median sales price increased in July, which is indicative of the summer market,” Erika Villegas, president of the Chicago Association of REALTORS® and broker and owner of RE/MAX In the Village said. “Potential sellers should talk to a REALTOR® to determine the right time to get into the market.”

Statewide inventory was up 6.3% to 20,718 from 19,494 properties last year.

But in Chicago, it fell again, declining 8.5% to 4,955 properties from 5,415 homes in July 2023.

“Our housing market forecast highlights how sales activity and house prices are expected to decline in the coming months following typical seasonal trends,” said Geoff Smith, Executive Director, Institute for Housing Studies at DePaul University in Chicago.

“In July, inventories slightly increased statewide and in the Chicago Metro Area but declined in the City of Chicago. Inventories remained near historic lows and suggest that the market will continue to be highly competitive and challenging for homebuyers. Our forecast estimates that the coming three months will have slightly lower levels of sales activity, but higher prices compared to 2023.”

The Chicago inventory decline over the last 4 years:

• 2021: 9392
• 2022: 8238
• 2023: 5415
• 2024: 4955

Days on the market in Chicago remained unchanged at 28 days.

The 30-year fixed rate mortgage averaged 6.84%, down from 6.92% in June 2024 but at the same level as last July.

Median price was at new highs at $360,000 with single family homes up 11.9% to $350,000 and condos up 2.7% to $374,848.

The low inventory issue has apparently continued into August. Just taking a quick look at some of the GreenZone neighborhoods on Redfin (these are active properties only):

• Lincoln Park = 185
• Lakeview = 210
• Bucktown = 66
• River North = 345
• Streeterville = 317
• West Loop = 141
• Logan Square (now in the GreenZone?) = 119

Fall is usually when inventory falls. Will it set another new low later this year?

Illinois home sales, inventory and median prices increase in July [Illinois Association of Realtors, Press Release, August 22, 2024]

This 2-story penthouse at 2035 N. Orleans in Lincoln Park came on the market in July 2024.

Built in 2017, this boutique building has 10 units and attached garage parking. There is no door staff or other amenities.

This was the building where they kept the outer shell and built a modern building behind the walls.

You can see it on this side shot.

This penthouse has all of the living and dining on one floor.

It has a gallery with 22 foot ceilings with an iron and wire staircase with glass panels that leads to a huge rooftop deck with skyline views.

There are white oak floors throughout in the Chevron and straight patterns.

The unit has a 50 foot great room with floor to ceiling windows and a double sided gas fireplace between the living room and dining room.

The kitchen is “custom designed” with high-end Italian Ernestomeda cabinetry, top of the line appliances, Subzero refrigerator, Wolf 5-burner drop-in range, Miele dishwasher, and Subzero wine tower. It also has an island with waterfall edge and seating for four.

The kitchen has a walk-in-pantry with a dry bar with Subzero ice maker.

The primary suite has an Apparatus Cloud19 Chandelier and two tailor made closets. The en suite bathroom has a Bane Ultra freestanding tub, a steam shower and heated floors.

The other three bedrooms are also en suite.

There’s also a half bath on the main floor. But there’s no bathrooms on the second floor.

The top floor terraces have skyline and city views.

The listing says there is 2813 square feet of rooftop outdoor space constructed by Frasier Construction.

It is an “outdoor oasis” with custom landscaping, including planters with native Chicago wildflowers, a stone fountain, a custom outdoor kitchen with pergola, a sound system and infrared heaters.

This unit also has the features buyers look for including central air, washer/dryer in the unit and 3 side-by-side parking spaces, including one with electric charging and storage behind the spaces (see picture) for $50,000 each, with the EV space extra.

This building is in East Lincoln Park, near the Lincoln Park Zoo and nature walk, shops and restaurants, bus lines, and schools.

Listed at $4.7 million, that’s $1.15 million above the 2019 purchase price of $3.55 million.

Will the seller get the premium in this tight market?

Millie Rosenbloom at Baird & Warner has the listing. See the pictures and floor plan here.

Unit #PH-W: 4 bedrooms, 4.5 baths, 4406 square feet, duplex penthouse

• Sold in October 2019 for $3.55 million (per Redfin)
• Listed in July 2024 for $4.7 million
• Currently still listed at $4.7 million
• Assessments of $1845 a month (includes exterior maintenance, scavenger, snow removal)
• Taxes of $74,181
• Central Air
• Washer/dryer in the unit
• 3 car parking for $50,000 each with one EV spot being extra
• Double sided gas fireplace
• Pergola with outdoor kitchen
• Fountain
• Bedroom #1: 20×14 (main floor)
• Bedroom #2: 12×15 (main floor)
• Bedroom #3: 12×15 (main floor)
• Bedroom #4: 13×11 (main floor)
• Living room: 22×38
• Dining room: 22×14
• Kitchen: 15×20
• Foyer: 7×10
• Gallery: 22×6
• Loft: 8×10 (second floor)
• Laundry: 8×12 (main floor)
• Walk-in-closet: 11×12
• Terrace: 7×31 (main floor)
• Deck: 22×24 (second floor)
• Deck: 32×24 (second floor)

This 2-bedroom in The Pinnacle at 21 E. Huron in River North came on the market in August 2024.

Built in 2004, The Pinnacle was designed by Lucien Lagrange and has 213 units and attached garage parking.

It has 24/7 door staff, an exercise room, sundeck, indoor pool and “state of the art” dog run.

This unit is west facing and has floor-to-ceiling windows.

There are hardwood floors in the main living area, and den, with carpet in the bedrooms.

The unit has a gas fireplace in the living room.

The kitchen is open to the living/dining room. The listing calls it a “chef’s kitchen” with dark wood cabinets, Subzero, quartzite countertops and a marble backsplash. It has a breakfast bar.

The den looks to be a space next to the living room with no door or window but you could put a desk there.

The primary suite has a walk-in-closet and bath with dual vanities, soaking tub and a separate shower.

The second bedroom has a custom office space.

The balcony is off the living room.

This unit has the features buyers look for including central air, washer/dryer in the unit and heated garage parking is available for $44,000.

The Pinnacle is near the shops and restaurants of the Mag Mile, River North, the Trader Joe’s, the Whole Foods, and the Eataly. It is near multiple bus lines and El stops.

Listed at $699,900, that is just $87,900 above the original 2006 sales price of $612,000.

Is this a deal?

Akos Straub at Berkshire Hathaway HomeServices has the listing. See the pictures here (sorry, no floor plan).

Unit #1601: 2 bedrooms, 2 baths, 1332 square feet

• Sold in July 2006 for $612,000
• Originally listed in August 2024 for $699,900
• Currently still listed at $699,900
• Assessments of $1101 a month (includes heat, a/c, gas, cable, Internet, doorman, exercise room, pool, exterior maintenance)
• Taxes of $11,400
• Central Air
• Washer/dryer in the unit
• Heated garage parking space available for $44,000
• Gas fireplace
• Bedroom #1: 14×13
• Bedroom #2: 13×12
• Living room: 18×16
• Dining room: 16×7
• Kitchen: 13×9
• Den/Office: 11×9
• Balcony: 9×6

This 2-bedroom in the Lofthaus Lofts at 321 S. Sangamon in the West Loop came on the market in July 2024.

Built in 2004, the Lofthaus Lofts are new lofts, not a loft conversion from an older industrial building. There are 70 lofts and attached garage parking.

There is no door staff. Amenities include a bike room.

This loft is on the penthouse level and has 14-foot exposed concrete ceilings.

There are 7.5 inch “dogwood” engineered wood plank flooring throughout, including the bedrooms.

The kitchen has Shaker style white cabinets with black pulls, quartz countertops and a Jenn-Air stainless steel appliance set with a beverage cooler.

It also has a quartz island with a waterfall edge that seats 4 in the area designated a dining room in the floor plan.

There is a west facing balcony off the living room.

The primary suite which the listing says is “king-sized”, also faces west and is en suite.

The second bedroom is enclosed but has no window.

The bathrooms have custom floating vanities.

This unit has the features buyers look for including central air, a black stackable LG laundry in the unit and garage parking is available for an extra cost (not sure how much it is.)

The unit also has other features including “two specially designed 60-inch Pix Stix suspension lighting by lightology” and motorized Hunter Douglas shades.

This building is near the shops and restaurants of the West Loop including Greektown and Target and is a few blocks from the Mary Bartelme Park.

Originally listed in July 2024 for $638,000, it has been reduced to $595,000. However, I’m not sure if the first price included the parking as the current price does not.

Buyers love “new” and renovated properties.

Will the price cut get it done?

Arnell Cordero at Fulton Grace Realty has the listing. See the pictures and floor plan here. (No, the dog doesn’t come with the loft.)

Unit #903: 2 bedrooms, 2 baths, 1040 square feet, loft

• Sold in June 2004 for $339,000
• Sold in November 2008 for $335,000
• Sold in May 2016 for $460,000
• Sold in October 2021 for $488,000 (included the parking)
• Originally listed in July 2024 for $638,000
• Reduced
• Currently listed at $595,000
• Assessments of $485 a month (includes heat, air conditioning, gas, parking, lawn care, exterior maintenance, scavenger, snow removal)
• Taxes of $8218
• Central Air
• Washer/dryer in the unit
• Garage parking is extra (not sure how much- listed at $25k in the 2021 listing)
• Bedroom #1: 15×11
• Bedroom #2: 1010
• Kitchen: 13×5
• Dining room: 13×11
• Living room: 15×15
• Foyer: 11×6
• Balcony: 14×5

This 5-bedroom vintage home at 1520 N. Dearborn Parkway in the Gold Coast came on the market in September 2023.

Built in 1898, it’s on a 22×149 lot. It has an attached 3-car heated garage.

If it looks familiar, that’s because we chattered about it in 2019. Back then, it was listed at $4.95 million.

See our chatter here.

The listing says this house has a “new style” and a “new look.”

It says it has been “freshly painted white” in a total restoration and that “no detail has been overlooked.”

It has some of its original features including the original staircase and many vintage features such as stained glass windows, crown moldings  including massive ornate moldings in the living room, built-ins, and murals.

There are 3 gas fireplaces: one in the living room, one in the library and one in the primary suite.

It has an “updated” cook’s kitchen with wood cabinets and stainless steel appliances which leads to a family room that has a landscaped deck.

Five bedrooms are on the second and third floors. Two bedrooms are on the second floor, including the primary, and three are on the third floor.

There is no floor plan included so it’s unclear where the bathrooms are and if the primary has its own.

There’s also an office on the second floor.

The lower level has a family room, a wet bar, wine cellar, laundry room and mudroom.

The house has 4 HVAC systems, sprinklers and a security system with cameras.

In addition to the terrace off the first floor, there’s also a rooftop terrace.

The home has skylights.

The listing also says the light fixtures and sconces are excluded from the sale.

This house is near Lincoln Park, the shops and restaurants of Old Town and the North Avenue beach.

It has been on, and off, the market since 2017.

Re-listed in September 2023 at $3.995 million, that’s just $45,000 above the 2005 purchase price.

What will it take to finally sell this house?

Suzanne Gignilliat at @properties Christies has the listing. See the pictures here (sorry, no floor plan).

1520 N. Dearborn Parkway: 5 bedrooms, 4.5 baths, 7,065 square feet, single family home

• Sold in February 1983 for $520,000 (per Redfin)
• Sold in October 1999 for $2.5 million (per Redfin)
• Sold in May 2005 for $3.95 million
• On and off the market since 2017
• Originally listed in September 2023 for $3.995 million 
• Currently still listed at $3.995 million
• Taxes of $54,842
• Central Air
• 3-car attached heated garage
• Skylights
• 3 gas fireplaces
• Bedroom #1: 21×20 (second floor)
• Bedroom #2: 15×17 (second floor)
• Bedroom #3: 9×20 (third floor)
• Bedroom #4: 12×14 (third floor)
• Bedroom #5: 11×12 (third floor)
• Kitchen: 15×19 (main floor)
• Dining room: 15×17 (main floor)
• Office: 7×10 (second floor)
• Library: 17×17 (main floor)
• Living room: 13×23 (main floor)
• Foyer: 7×12 (main floor)
• Pantry: 9×5 (main floor)
• Walk-in-closet: 8×6 (second floor)
• Great room: 18×34 (lower level)
• Laundry: 11×18 (lower level)
• Deck: 20×12 (main floor)
• Terrace: 18×18 (second floor)

This 2-bedroom penthouse in 2846 N. Southport in West Lakeview came on the market in August 2024.

Built in 2001, this elevator building has 6 units and heated attached garage parking. There are no amenities and no door staff.

The unit has 10.5 foot ceilings and hardwood floors throughout, including in the bedrooms.

There are floor-to-ceiling windows in the living room with Juliette balconies.

It has an open concept living room, dining room and kitchen.

There are built-in bookcases and an entertainment center along with a fireplace in the living room.

The kitchen has white cabinets, black granite counter tops and backsplash, an island with seating for 2, stainless steel appliances and a beverage refrigerator.

The primary suite has an organized custom closet and an “updated” primary bath.

This penthouse has the features that buyers look for including central air, side-by-side washer/dryer in the unit and one heated garage space which is $15,000 extra.

The listing says it has “exclusive roof rights” and it also has a balcony off the back of the unit, accessed from the sliding door in the primary suite.

This building is near shops and restaurants on Diversey, Southport, Lincoln and Ashland and is just on the edge of the Lakeview/Lincoln Park border.

It’s near the Diversey bus.

The listing says it’s in the Burley school district.

Originally listed in August 2024 at $725,000, it has been reduced $25,000 to $700,000.

Is $700,000 the new price for a 1675 square foot 2/2 in this neighborhood?

Brendan Murphy and Taylor Nirchi at Jameson Sotheby’s have the listing. See the pictures here (sorry, no floor plan).

Unit #3S: 2 bedrooms, 2 baths, 1675 square feet, penthouse

• Sold in April 2002 for $487,500
• Sold in July 2015 for $545,000
• Sold in April 2018 for $580,000
• Originally listed in August 2024 for $725,000
• Reduced
• Currently listed at $700,000
• Assessments of $489 a month (includes exterior maintenance and scavenger)
• Taxes of $11,221
• Central Air
• Washer/dryer in the unit
• Heated garage parking is $15,000 extra
• Fireplace
• Exclusive roof rights
• Bedroom #1: 16×15
• Bedroom #2: 13×11
• Living room: 22×13
• Dining room: 17×12
• Kitchen: 17×13
• Balcony: 22×9

This 3-bedroom penthouse in Ritchie Tower at 1310 N. Ritchie Court in the Gold Coast came on the market in June 2024.

Ritchie Tower was built in 1963 and has 99 units with an attached parking garage.

It has 24/7 door staff, an exercise room, onsite management, an outdoor pool, and a landscaped terrace with grills and tables.

This unit is a true top floor penthouse with views of Lake Michigan, Lincoln Park and the city from floor-to-ceiling windows. It has north, west and east views.

It also has two private terraces which affords an iconic south skyline view of the Hancock.

This unit is a combined two units where they “knocked down walls” and “raised the ceilings” so they are now 9 feet.

It has 3000 square feet.

There are wide plank floors throughout and harlequin black and white marble floors in the foyer.

It has custom metal framed glass doors, designer lighting and 2 wood burning fireplaces with marble and metal surrounds.

There is a living room and dining room separate from the kitchen which overlooks the family room and an informal dining area.

The Chef’s kitchen has modern custom cabinets, marble countertops and backsplash, a peninsula with seating for 2 and high end appliances.

One of the two terraces is off the kitchen.

There is also a library area with built-in bookshelves and a butler’s pantry/bar with a beverage refrigerator and an additional dishwasher.

The unit has two large luxury bedroom suites on opposite sides of the unit with one having eastern views and the other western. They are both en suite.

The third bedroom is used as an office and has a metal French doors.

This unit has the features that buyers look for including washer/dryer in the unit, central air and leased valet parking is available in the building.

The building is in a low traffic area of the Gold Coast, near the beach and the restaurants at State/Rush and Division.

Listed in June 2024 at $1.95 million, it has been reduced $300,000 to $1.65 million.

Buyers love “new.”

Will the new price make the sale?

Kevin Snow at Berkshire Hathaway HomeServices has the listing. See the pictures and floor plan here.

Unit #30AD: 3 bedrooms, 3 baths, 3000 square feet, penthouse

• Unit 30D sold in January 2011 for $605,000
• Unit 30A sold in November 2013 for $687,000
• Originally listed in June 2024 for $1.95 million
• Reduced
• Currently listed at $1.65 million
• Assessments of $3,061 a month (includes heat, a/c, doorman, cable, exercise room, pool, exterior maintenance, lawn care, scavenger, snow removal)
• Taxes of $18,486
• Central Air
• Washer/dryer in the unit
• Leased valet parking available
• 2 wood burning fireplaces
• Beverage refrigerator
• Additional dishwasher
• Bedroom #1: 15×17
• Bedroom #2: 12×10
• Bedroom #3: 11×10
• Kitchen: 12×20
• Family room: 15×30
• Living room: 29×16
• Dining room: 19×10
• Foyer: 13×13
• Bar: 11×10
• Walk-in-closet: 18×5
• Balcony: 5×38
• Balcony: 16×7

This 4-bedroom vintage row house at 558 W. Fullerton Parkway in Lincoln Park came on the market in July 2024.

Built in 1889 on a 20×111 lot, this brick row house is in the Fullerton Parkway historic district.

The listing says it was “completely rebuilt and finished in 2024” with meticulous design, exquisite finishes and state-of-the-art technology.

It says the “owner spared no effort or expense.”

You enter on the main floor which has 11 foot ceilings and is open concept living and dining rooms.

It has white oak hardwood floors in a herringbone pattern, a vented fireplace and custom millwork and moldings that are done to look like the period of the house.

A “gourmet” kitchen is also on the main floor with white and black cabinets, gold finishes and top of the line appliances.

Off the kitchen is a blue stone paved patio with seating for 12 and a built-in grill, with landscaping, which leads to a slate roof portico with antique stained glass windows sourced from London.

3 of the 4 bedrooms are on the second floor including the primary. There are also 2 full baths.

The primary suite has an en suite bathroom with heated marble floors and a closet.

The listing says the lower level was “dug out” and now has 9 foot ceilings.

It has a family room, with a fireplace, a wet bar, a small, windowless office with a built-in desk, storage closets, a mudroom, a full bathroom and the fourth bedroom.

The lower level also has a private door to the front yard.

The house has central air and the side-by-side laundry is on the second floor with the bedrooms.

It also has parking behind the home, under the blue paved patio/portico, in the form of a 2-car carport (see the pictures).

This row home is in a prime part of Lincoln Park, near the shops and restaurants on Clark, near Lincoln Park and the Conservatory and Zoo. It’s also close to several bus lines.

Listed in July 2024 at $2.29 million, it has been reduced $140,000 to $2.15 million.

Buyers love “new.”

Will the price cut get it done?

Xun Del Sesto and Arthur Rothschild at Jameson Sotheby’s have the listing. See the pictures and floor plan here.

Or see it at the Open House on Saturday, Aug 17, 2024, from 11 am to 1 pm.

558 W. Fullerton Parkway: 4 bedrooms, 3.5 baths, no square footage listed, row house

• Sold in December 1987 for $296,000
• Sold in September 2000 for $638,000
• Listed in July 2024 for $2.29 million
• Reduced
• Currently listed at $2.15 million
• Taxes of $19,266
• Central Air
• 2-car carport
• Skylights
• 2 fireplaces
• Bedroom #1: 13×13 (second floor)
• Bedroom #2: 13×11 (second floor)
• Bedroom #3: 11×10 (second floor)
• Bedroom #4: 13×12 (lower level)
• Living room: 18×23 (main floor)
• Dining room: 18×11 (main floor)
• Kitchen: 13×17 (main floor)
• Family room: 15×19 (lower level)
• Office: 6×8 (lower level)
• Mudroom: 18×6 (lower level)
• Storage: 5×10 (lower level)
• Walk-in-closet: 9×5 (second floor)
• Laundry: 3×5 (second floor)
• Patio: 14×20 (main floor)

This 2-bedroom in the Parkshore Co-op at 1755 E. 55th in Hyde Park came on the market in July 2024.

Built in 1920, the Parkshore has 115 units in two addresses. It has a lot of the amenities of the big buildings of that time including a landscaped private garden and a hospitality suite.

It also has 24 hour door staff and an exercise room. It is pet friendly.

There’s no parking, but, if I recall correctly, there’s a rental lot next door but I think there is a wait list.

This building also has a laundry room as many units don’t have in-unit laundry.

This unit faces south over the gardens and has French doors which open to a private balcony, with lake views.

It has hardwood floors throughout but not a lot of other vintage features.

The kitchen has been “updated” with all new stainless steel appliances. It has wood cabinets.

The primary bedroom has an updated private bath.

This unit has some of the features buyers look for including central air and in-unit washer/dryer. There’s no parking.

The Parkshore is near the shops and restaurants of Hyde Park, the Museum of Science and Industry, Promontory Point, the University of Chicago, several bus routes and the Metra as well as Trader Joe’s and Whole Foods.

Listed in July 2024 at $325,000, it has been reduced $10,000 to $315,000.

At 1900 square feet, is this a deal?

(Reminder, co-ops include the real estate taxes in the monthly HOA).

Jeanne Spurlock at Berkshire Hathaway HomeServices has the listing. See the pictures here. (Sorry, no floor plan)

Unit #804: 2 bedrooms, 2 baths, 1900 square feet, co-op

• Sold in July 2012 for $227,500
• Originally listed in July 2024 for $325,000
• Reduced
• Currently listed at $315,000
• Assessments of $2284 a month (includes heat, doorman, exercise room, lawn care, scavenger, snow removal)
• Taxes included in assessments
• Central Air
• Washer/dryer in the unit
• No parking
• Bedroom #1: 11×16
• Bedroom #2: 11×16
• Living room: 15×23
• Kitchen: 10×8
• Dining room: 14×16

This 3-bedroom in The Carlyle at 1040 N. Lake Shore Drive in the Gold Coast came on the market in August 2024.

The Carlyle was built in 1964 and has 128 units. There are just 2 units per floor.

It’s a full service building overlooking the Lake with doormen, an exercise room, a top floor shared terrace and an indoor rooftop pool.

It has valet garage parking and parking for guests. The building does not allow rentals or pets.

We’ve chattered about this building in the past.

It has a luxury pedigree with famous homeowners.

The following is information from one of the chatterati in our 2017 chatter:

This building has:

1. Huge reserves
2. Protected amazing city and lake views
3. Three doorman on duty
4. Elegant Large Lobby
5. Valet Parking and a private driveway
6. A proper ballroom and professional kitchen (Both are finished being remodeled now)
7. No renters
8. Full gym
9. A package receiving room (packages are brought into your unit at your convenience)
10. Separate entrances and elevators for Tradesman

The listing calls this unit the “pinnacle of luxury.”

It faces the lake and has been fully renovated with over “$1 million in renovations” which spared no details.

It has an entry foyer which leads to an open living room with a fireplace, a dining room and kitchen.

There are engineered European white oak floors throughout.

The gourmet kitchen is a “chef’s dream” with what looks like modern wood cabinets, ceramic countertops and backsplash, with Subzero and Miele cooktop and ovens.

There is no island but instead a dining nook which leads out to the balcony which has views of the Lake from Oak Street Beach all the way to Lincoln Park.

The unit also has a wall of glass doors off the living room that encloses a family room with a built-in desk which the listing says could also be used for a home office or library.

There is a powder room.

The three bedrooms are en suite and the bathrooms have heated Terrazzo bathroom floors.

The primary suite has a walk-in-closet and an en suite bath with a soaking stub and separate shower.

It has the features that buyers look for including central air, a side-by-side washer/dryer in the unit and one valet garage parking spot is included.

This building is near Oak Street Beach and the shops and restaurants of the Mag Mile and Rush/State. It is also on several bus lines.

In recent years, we have mostly been chattering about older, unrenovated units in this building. Buyers love “new.”

Listed at $2.595 million, will this sell fast?

Millie Rosenbloom at Baird & Warner has the listing. See the pictures and floor plan here.

Unit #26D: 3 bedrooms, 3.5 baths, 3020 square feet

• Sold in August 2014 for $1.5 million
• Currently listed at $2.595 million
• Assessments of $4103 a month (includes parking, doorman, cable, exercise room, indoor pool, exterior maintenance, lawn care, scavenger, snow removal, Internet)
• Taxes of $29,702
• Central Air
• Washer/dryer in the unit
• Valet garage space included
• Guest parking available
• No pets
• No rentals
• Fireplace
• Bedroom #1: 18×22
• Bedroom #2: 14×12
• Bedroom #3: 22×13
• Living room: 25×18
• Kitchen: 19×9
• Dining room: 17×19
• Family room: 17×19
• Sitting room: 16×9
• Laundry: 8×8
• Walk-in-closet: 14×8
• Foyer: 8×10
• Pantry: 6×9
• Balcony: 8×20