Crib Chatter

With all of the new construction buildings in Streeterville being priced at the nosebleed level, maybe you think you’re priced out of this “hot” neighborhood?

But you can still find deals out there.  One of them is at 211 E. Ohio, The Grand Ohio.  The Grand Ohio was an apartment building that was converted into condos about 7 years ago.  It is a massive building of 586 units which includes studios, 1, 2 and 3 bedroom units.

It has one of the most impressive fitness centers in the city, with an indoor basketball courts, a pool and tennis courts.  There’s no need to join a gym if you live there.

One of the few negatives about the building is that the units do not have in-unit laundry.  But there is one floor that does- the third floor “loft” units.  These used to be, apparently, offices that were converted into living space.  They have their own private elevator and recessed terraces (the other units in the building do not have balconies.)

A studio is currently on the market on the third floor.  What makes these units unique is that the 16 foot ceilings have allowed owners to “add” a bedroom level- basically turning a studio into a quasi-one bedroom unit.

Unit #314: studio (no square footage given but around 700 or so)

• Currently listed at $225,000
• Assessments are $320 a month
• Parking is available for $35,000
• The “lofted” bedroom measures 8 x 12 (and you can fit a bed up there)

Re/Max Edge has the listing. 

A two bedroom, two bath unit, Unit #308, is also on the market on the third floor, currently listed at $515,000 with 1500 square feet.  It is not duplexed.  Parking is extra.

The lofts at the Grand Ohio are an affordable alternative if you really want to be in the thick of things in Streeterville but are not quite yet at the “luxury” price point.