Private Roof Top Terrace in the Loop Sells: 208 W. Washington
We last chattered about this 2-bedroom penthouse duplex unit at 208 W. Washington in the Loop in March 2010.
See our prior chatter and pictures here.
It was one of a handful of penthouse units in this building which also have large rooftop terraces.
This unit had what looks to be the original kitchen, with black appliances.
It sold in July 2010 for $40,000 under the 2006 purchase price.
Brenda Mauldin at Baird & Warner had the listing.
Unit #2303: 2 bedrooms, 2.5 baths, 1615 square feet
- Sold in April 2002 for $524,000
- Sold in November 2005 for $455,000
- Sold in February 2006 for $505,000
- Was listed in March 2010 for $460,000 (plus $45,000 extra for tandem parking space)
- Sold in July 2010 for $465,000 (included the parking space)
- Assessments of $885 a month (includes heat, A/C, gas, cable and doorman)
- Taxes of $5840
- Central Air
- Washer/Dryer in the unit
- Duplex Up
- Bedroom #1: 15×14
- Bedroom #2: 14×12
someone got a GREAT deal – they should be EXTREMELY happy about this!
Hey, just pick up 2203 if you like it!
Been on sale almost a year. . .
LOL owned
“Hey, just pick up 2203 if you like it!”
It’s not a penthouse duplex, is it? because if it is… I might be very interested!
2208 is on the market as well. Seems like pretty high turnover for these penthouses. Here are the listings – both have nicer terraces than the one we talked about IMO (but they don’t look to be duplexes).
http://lucidrealty.com/homes-for-sale/Chicago_Loop/condos_townhomes/208-W-WASHINGTON-ST-unit-2208/
http://www.redfin.com/IL/Chicago/208-W-Washington-St-60606/unit-2203/home/12695725
Very high assessments for a place with no charm, IMO.
This is a one-off for sure. New owner = dumb money.
“New owner = dumb money”
\
What are you talking about?! Have you seen what is out there? There are a lot of cookie-cutter 2/2 condos out there (all b/w 350-500k in this area). This place is unique, and interesting. In this location, it is a pretty good deal.
Do a mental graph of the price history of this place…down up down up.
Very interesting.
“dated” a girl who lived here. Place is complete shit, paper thin walls/doors, shitty layout, all the apartments get very little natural light, the “bedroom” walls dont even go up to the ceiling and overall I hated the place whenever I visited.
“This place is unique, and interesting. In this location, it is a pretty good deal.”
No its not, its cookie cutter to the extreme. The quality of EVERYTHING in the place is cheap cheap cheap!
Wow, what finishes!
I like the terrace and I like the round windows in the bedroom. You could add some charm to this place with some work and a decent interior architect.
Nice port holes… Just what I wanted – to live in a 23 story high ship. Fugly to the max.
Price per sq. ft. is an average deal. Assessments are out of whack for the price/location. I’d think the typical buyer of something IN the loop would be looking for something smaller/cheaper. But then I’m not quite sure what a typical loop buyer is.
“But then I’m not quite sure what a typical loop buyer is.”
I think it’s someone that has never rented in the loop before and doesn’t realize what a desolate wasteland it ends up as and how little there is to do after hours but omg I’m downtown I can’t wait to tell my frat brothers from back in Iowa!!!1
Figuring 20% down (lol) and a 4.75% mortgage (who knows if this is even close), you’re looking at ~$3500/mo for a bland apartment with a really nice terrace in the loop. Pass.
“omg I’m downtown I can’t wait to tell my frat brothers from back in Iowa”
I was in a fraternity and do not believe the stereotypes portrayed on this site are accurate. Most of my fraternity brothers are respectful, responsible, honorable, decent productive citizens who contribute much more than most non-fraternity guys (especially to beer distributers, liquor associations, condom makers!!) – ok that last part was a joke
Just when you thought Clio couldn’t get any more complex…
Let me guess, you were a fiji at U of C? That’s not even really a guess.
“Let me guess, you were a fiji at U of C? That’s not even really a guess”
I was offered to pledge there but chose Psi-U – a more diverse and fun group of guys.
has anyone ever known anyone that lives in the loop?
Just curious… because I have not and I like to think that I get a round quite a bit and meet quite a few folk
“has anyone ever known anyone that lives in the loop?”
Does that include Millenium Park area places? Know a couple of empty nesters who live there.
“has anyone ever known anyone that lives in the loop?
Just curious… because I have not and I like to think that I get a round quite a bit and meet quite a few folk”
One of my best friend’s lived in this building for a few years.
does not include millenium park, nor streeterville, nor printers row… but THE LOOP
This has got me thinking… I work in Korea and the university provides an apartment. The taxes and assessments come out to about $250 a month. 100m2, three bedrooms (two of the bedrooms are really small, but that’s because they’re for the kids, they’re supposed to be small), apartment value about 200,000 USD.
The really strange thing about Chicago apartments is the doorman. Why not just get a dozen cameras, and touch-pad door access? This is what 99% of apartment buildings in Korea have, and labor is cheap here. A “doorman-eliminator package” service company could make good money in Chicago… I would get into it if I lived there any more.
“has anyone ever known anyone that lives in the loop?”
Yep – most of them are transplants and lawyers
I live in a building where there is one annoying person who keeps ragging about getting a doorman or a security guard… STILL after we just installed a pretty substantial surveillence system.
I can tell this person is a liberal because at every association meeting they are always talking about spending money to do this and that… and then complaining about all the renters and property values going down… I told this person if you want property values to remain where they are, increasing assessments by getting a doorman is not the way to go. Socialism is great until you run out of other people’s money… idiot
“I can tell this person is a liberal because at every association meeting they are always talking about spending money to do this and that… and then complaining about all the renters and property values going down…”
I have a friend who lives in a highrise condo with the same issues except the spenders have control over the board. Its a bit like the tragedy of the commons scenario in economics.
“The really strange thing about Chicago apartments is the doorman. ”
Chicago is a union city and its likely more about full employment than about efficiency or cost, here, too.
“does not include millenium park, nor streeterville, nor printers row… but THE LOOP”
Inside the *actual* loop (ie, the el), or Michigan to the river/Wacker, Congress to the river/Wacker? Because I know a few on Michigan, but no one who currently lives w/in the actual loop, tho a friend (consultant) did in the mid-90s.
I would live in Legacy if I could afford it. I’d rather commute to party on weekends than commute 5x/week to work if the pricing was similar. Unfortunately along with rent everything is more expensive downtown.
“Inside the *actual* loop (ie, the el), or Michigan to the river/Wacker, Congress to the river/Wacker? Because I know a few on Michigan, but no one who currently lives w/in the actual loop, tho a friend (consultant) did in the mid-90s.”
I’d cut it off at West of Michigan ave but not actually residences ON michigan ave, that’s a different animal IMO
River to the north, River to the west, and congress to the south. That’s what I would consider “the loop”
and Like I said, I haven’t known anyone that lives withing those borders, and Im sure a lot of it has to do with its more of a business district than a residential neighborhood but still
And bob, commuting does indeed blow and since moving to my pad in RN a year and a half ago I dont’ think I could ever live more than a mile from work ever again, its just too damn conveinent and stress-free. Well worth the added cost of rent IMO
My husband lived in the Loop for 6 months before we sold our house in MN and I moved to Chicago. It was incredibly dead at night and on the weekends and he/we struggled to find places to eat sometimes.
I like the loop at night/weekends. It’s oddly peaceful.
But, yeah, unless you have season opera ticks or think Ghost Bar is worth walking into more than once in your lifetime, you’ll struggle with the lack of things to do. Personally, I’ve always liked Plymoth and Brando’s, so that’s four things to do for the non Met/Uni club set.
I live in the actual loop, but in the theater district in the north-east corner of the loop. I wouldn’t actually want to live any further south and west, but around here, it’s not dead at night or on weekends – quite the contrary actually. Restaurants even stay open late, and I’m only 2 blocks away from being in River North, so I can walk to more attractions, including grocery stores, easily.
10 minute walk to work, every single El line right outside of my door, plenty of restaurants and shopping within an easy walk, close to the park and lake, great view…..I’ve been very happy here. The only downsides are tons of tourists and the lack of a taqueria within easy walking distance (Chipotle doesn’t count).
“lack of a taqueria within easy walking distance”
Taco & Burrito King at 811 W Jackson isn’t too far off. If you consider that a taqueria, that is.
811 W Jackson is a loooong hike from where I am in the north-east corner of the Loop. That’s like 15 blocks away, so it doesn’t quite qualify for “easy walking distance”. At that point, it’d probably be faster if I just hop on the Blue line and go 3 stops to the Pasadita corner at Ashland and Division. I was thinking more like 3-4 blocks away at most. Thanks though.
Came across this web page by accident and I find the criticisms of this part of the Loop rather absurd. Isolated wasteland? It’s only a couple of blocks in any direction to great restaurants, great shopping, Symphony Hall, theaters, civic opera, Daley Plaza, Millennium and Grant Park, art museum, Siskel film center (my favorite), and SO much more. One of the best CTA stops in the entire system is at Washington and Wells, there are tons of cabs driving by at all hours of day and night so you never have to call one, Union Station and Ogilvie are easy walking distance. I walk to work, as so most people in my building. I don’t even own a car, don’t want one. There’s a Hertz across the street open 7 days, also have those hourly rentals. This is an amazing part of the city, you’re in the middle of the action and yet not at the same time. It’s perfect.
LOL and in an update from 2010, I know know THREE yes THREE different people now that live in the loop!