Price Reduction and Still on the Market: 1429 N. Dearborn

I last chattered about this vintage condo at The Cordova at 1429 N. Dearborn in the Gold Coast in November 2007.

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It is still on the market and has been reduced by $35,000.

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1429-n-dearborn-_4n-bedroom.jpg

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Unit #4N: 2 bedrooms, 2 baths, 1700 square feet, 1 car parking

  • Sold in August 2003 for $575,000
  • Sold in January 2004 for $642,500
  • Listed in November 2007 for $725,000
  • Currently listed for $690,000
  • One outdoor parking space included
  • Assessment of $325 a month

There are also some new pictures with the listing.  Notice how the living room looks bigger if the picture is taken straight on- instead of from the side.

In November 2007:

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Now:

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Koenig & Strey has the listing.

2 Responses to “Price Reduction and Still on the Market: 1429 N. Dearborn”

  1. Looks like #3S is now on the market (@Prop, Mar 30 Trib ad for open house). KSGMAC lists #4N as being “under contract (pending)”.

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  2. Per CCRD, unit #4N sold for $655K. That is just below the price for #1N last summer and just above the price for #4N in 2004.

    If they’d priced it at $675K (or so) in November, they might have been able to save 6 months of carrying costs.

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