Renovated Gold Coast 2/2 with a Big Private Terrace: 1310 N. Ritchie Court
This 2-bedroom in Ritchie Tower at 1310 N. Ritchie Court in the Gold Coast came on the market in May 2023.
Ritchie Tower was built in 1963 and has 100 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.
I don’t think we’ve ever chattered about this building before.
This unit has been “professionally designed and renovated.”
It has porcelain tile floors throughout the majority of the unit, except for the primary bedroom which has carpeting.
The “newly renovated” kitchen has new modern white cabinetry which extends into the dining room, waterfall quartzite countertops, a Fisher & Paykel refrigerator, a Bosch dishwasher, a stainless steel GE stove and additional freezer drawers.
The primary bedroom has a walk-in-closet and an en suite bathroom with a walk-in-shower with rain shower and handheld sprays along with a towel warmer.
The second bathroom had a deep soaking Kohler tub with Carrera marble tile.
There is LED lighting and California closets throughout.
But the big feature is the 30×21 private terrace that is accessed from the dining room and is partially covered. The listing says it has a water line for gardening and the patio furniture and grill are included in the sale.
The terrace has a door that leads to the outdoor pool and shared grill area with tables.
This unit has central air but no in-unit washer/dryer. There is a laundry room in the building. There’s no deeded parking but there is leased valet parking available in the building.
Pets are allowed up to 25 pounds.
This building is on a low traffic street in the Gold Coast, near the beach and the restaurants of Old Town and Rush/State/Division.
Listed at $650,000, that’s $175,000 above the 2014 sales price of $475,000.
Buyers love “new.”
Will they get their price?
Morgan Sage and Christian Chacon at Berkshire Hathaway HomeServices have the listing. See the pictures and floor plan here.
Unit #3A: 2 bedrooms, 2 baths, 1350 square feet
- Sold in December 1998 for $310,000
- Sold in March 2001 for $417,000
- Sold in August 2014 for $475,000
- Listed in May 2023 for $650,000
- Assessments of $1401 a month (includes heat, a/c, doorman, cable, exercise room, outdoor pool, exterior maintenance, lawn care, scavenger, snow removal, Internet)
- Taxes of $7510
- Central Air
- No washer/dryer in the unit- laundry room in the building
- Valet parking in attached garage available (no price listed)
- Bedroom #1: 16×12
- Bedroom #2: 13×13
- Living room: 20×18
- Dining room: 11×10
- Kitchen: 11×8
- Foyer: 10×10
- Walk-in-Closet: 8×7
- Terrace: 30×21
At least they made terrible choices when picking the tile to cover the unit. Sheesh.
Pretty cool. No w/d is a bummer. Good time to be showing a place with an outdoor pool.
Aug-14 + CPI = $605k.
I agree that the tile is … too much, but the unit overall is still easily 10% “nicer” (if you can deal with the tile) than it was in ’14–check the pix.
Mar-01 + CPI = $718k.
Is what we see in the ’14 listing work that was done just before the ’01 sale?? Otherwise, that seems crazy high, right?
“I agree that the tile is … too much, but the unit overall is still easily 10% “nicer” (if you can deal with the tile) than it was in ’14–check the pix.”
I love the tile. But it definitely won’t be to everyone’s tastes. Always a risk versus just putting in subway tile.
“At least they made terrible choices when picking the tile to cover the unit. Sheesh.”
The porcelain tile floors? These are those that look like hardwood. What’s so bad about them? These are used all over the south, especially in Florida.
With the exception of the workers that have to go downtown every day, I do not really understand the justification of paying a premium to live in Gold Coast in 2023. The area has seen little to no business growth in recent years. Boring restaurant scene. Michigan Avenue has lost its luster. The Division strip is just trashy. Oak Street and Ohio beaches are overcrowded.
“I do not really understand the justification of paying a premium to live in Gold Coast in 2023.”
Proximity to the park and lakefront path, and the conditions one encounters while accessing those amenities from, say, this building, are compelling for some folks. Want to play fetch with your dog or kid or grandkid on some grass? Stroll up a few very nice blocks. Easy, pleasant access to run/bike; having to run several high traffic/no-mansion east/west blocks through the city to access the path isn’t ideal. If there is a kid or grandkid in the picture, you’re barely a block from a nice playground. Sure, the walkable dining options aren’t the hippest in the city, but the V Triangle/Old Town are better than the vast majority of this entire country.
“Proximity to the park and lakefront path, and the conditions one encounters while accessing those amenities from, say, this building, are compelling for some folks. Want to play fetch with your dog or kid or grandkid on some grass? Stroll up a few very nice blocks. Easy, pleasant access to run/bike;
the walkable dining options aren’t the hippest in the city, ”
Seems like you could have all this in LP or Lakeview for less?
“With the exception of the workers that have to go downtown every day, I do not really understand the justification of paying a premium to live in Gold Coast in 2023.”
It’s not even that easy to get downtown. Lol.
Agreed KK. The neighborhood is somewhat boring. New restaurants are coming in on Division but it’s probably got another 10 years before it really turns over and those bars are gone. Left over from another era. GenZ doesn’t care about Division Street.
The only tile I hate more than this, is white subway tile.
Subway tile can go back to where it belongs, the trash heap of interior design
“It’s not even that easy to get downtown”
What counts as “easy” then?
“At least they made terrible choices when picking the tile to cover the unit. Sheesh.”
“The porcelain tile floors? These are those that look like hardwood. What’s so bad about them? These are used all over the south, especially in Florida.”
IMO if you want the look of hardwood, you should install hardwood floors. Everything else looks like a cheap imitation.
But we all know, opinions are like a$*holes; everyone has one. 🙂
The terrace is nice, but it’s probably jacking up the price quite a bit. Without the terrace, this place goes for $500,000 or so. No washer/drier, low floor, older building, etc.
“IMO if you want the look of hardwood, you should install hardwood floors. Everything else looks like a cheap imitation.”
Most are installing imitation these days. The luxury vinyl looks so good, and is waterproof and easier to maintain with kids and animals, that many people are installing it instead of hardwoods. We don’t see the porcelain tiles often in Chicago.
Don’t forget, in a humid environment, you really can’t do hardwoods. Chicago doesn’t have this problem like other cities though.
“What counts as “easy” then?”
Express buses. Subways. Walking.
“Most are installing imitation these days. The luxury vinyl looks so good, and is waterproof and easier to maintain with kids and animals, that many people are installing it instead of hardwoods. We don’t see the porcelain tiles often in Chicago.
Don’t forget, in a humid environment, you really can’t do hardwoods. Chicago doesn’t have this problem like other cities though.”
My problem with vinyl, even luxury vinyl, isn’t so much the look but the feeling of walking on it and the sound it makes when my dog walks across it. To me, it’s so clearly a cheap imitation.
“Most are installing imitation these days. The luxury vinyl looks so good, and is waterproof and easier to maintain with kids and animals, that many people are installing it instead of hardwoods. We don’t see the porcelain tiles often in Chicago.”
LVT looks cheap. I’ll give Armstrong, et al and their marketing teams a ton of credit for convincing folks that LVT is a lux product
My HW floors are > 100 years old. Probably need to refinish every 15 years Nets out to $300/year.
“LVT looks cheap.”
Not any longer. Can hardly tell the difference, in my opinion. They also hold up so much better than hardwoods. Of course, price is the real reason. Putting real hardwoods in an entire 2000 square foot house or condo versus luxury vinyl is such a big price difference. The rich will still put in real hardwoods but the middle class will not.
It reminds me of the porcelain countertops that people are now using instead of marble or quartz. It holds up well, doesn’t need much maintenance, doesn’t stain easily and is much cheaper.
“Can hardly tell the difference, in my opinion.”
LOL. Sure Jan
The lengths people will go to convince themselves of things that are not true…
“LOL. Sure Jan”
When you have kids and dogs, the luxury vinyl is great. You don’t have to agree JohnnyU. If you like hardwoods, great. Some people like the porcelain tile. There are a lot of options.
But they have made great strides in the luxury vinyl now. It’s not the 1970s vinyl flooring anymore.
“Express buses. Subways.”
No express buses from the GC to “downtown”.
CTA closed Clark/Divsion stop? And that happened since last Thursday?
“When you have kids and dogs, the luxury vinyl is great. You don’t have to agree JohnnyU. If you like hardwoods, great. Some people like the porcelain tile. There are a lot of options.
But they have made great strides in the luxury vinyl now. It’s not the 1970s vinyl flooring anymore.”
Keep trying to convince yourself of that.
Like I said, Armstong et al did a great job convincing rubes that its a lux product. I’m glad you like LVT, but telling people you can hardly tell the difference between LVT & HW lets me know your mindset.
Went 12 years with 2 labs and kids on Hardwood floors between finishes (Not including what the previous owners did)
“Can hardly tell the difference”
Between “real” hardwood and LVT? Or between engineered wood and LVT?
“Like I said, Armstong et al did a great job convincing rubes that its a lux product.”
Armstrong? Nope. Not who I would use.
Again, it’s really about price. Few can afford to put real hardwood floors down in 2000 square foot home or condo. Even in a 1200 square foot condo. The cost is enormous. Why not get waterproof and pet proof which looks great for half the price? That’s why all the designers are using it now. Flippers too.
“No express buses from the GC to “downtown”.”
No. Not that I know of. Do you know of any?
You are walking from this building all the way over to the Red Line now? Why? So many easier neighborhoods to live in if you work downtown/loop.
“Armstrong? Nope. Not who I would use.”
Might want to google “Et Al”
“Again, it’s really about price. Few can afford to put real hardwood floors down in 2000 square foot home or condo. Even in a 1200 square foot condo. The cost is enormous. Why not get waterproof and pet proof which looks great for half the price? That’s why all the designers are using it now. Flippers too.”
Its not about price, as these same places are putting in “high end” fixtures and appliances.
Designers and flippers are using it because Armstrong et al have convinced rubes that LVT is a lux product and they can save $$$ and its easier to install correctly Vs HW. Period
Like I said, hats off to their marketing departments.
LVT/P has its place – I’d potentially install it in a mudroom or laundry room. But in a focal point of a home >$500k NFW
“all the way over”
We’re back to .4 mile being “far”?
And we know there is “too close” to the el.
“ No express buses from the GC to “downtown” “
Of course there aren’t. Because at 1000 North you are literally 7 blocks from the river. Why would there be an express bus?
The non-express 156 and 151 will get you downtown in less than 15 mins during rush hour.
“Of course there aren’t. Because at 1000 North you are literally 7 blocks from the river. Why would there be an express bus?”
It’s 1.3 miles to Trump Tower from 1310 N. Ritchie. Google Maps tells me it will take me 27 minutes to walk it. That’s not even in the Loop.
Like I said, it’s not a great location if you’re working downtown. Young people prefer other neighborhoods.
“it’s not a great location if you’re working downtown.”
Which ones are an “easy commute” to “downtown”, please.
Would genuinely like to know.
“Young people prefer other neighborhoods.”
That seems like a different issue, and not one that would get much dispute here.
“That seems like a different issue, and not one that would get much dispute here.”
Commute sucks which is why my kids prefer other neighborhoods. Gotta get on a slow poke bus. They want express or walkable. Neither which is the case from the Gold Coast unless you happen to work in some parts of River North, I suppose.
“Which ones are an “easy commute” to “downtown”, please.”
Every one with an express bus. Just get on the express and zip downtown. Easy.
“Every one with an express bus. ”
So, Jeffrey Manor is an “easy commute” to downtown?
1:20 on the bus from 103d to Wacker is “easy”?