Crib Chatter

 

 

You rarely see large terraces downtown anymore- even on Penthouse units- as the new construction buildings are so tall and the price per square foot so high that developers would rather put more liveable space into a unit, then add on a large outdoor terrace.

But they have it all wrong.  The very epitomy of luxury is a downtown condo with the ability to create a gardeners paradise just outside your door.

In order to get the large terrace, many times you have to look outside of new construction to the older vintage units.

Such is the case with 220 E. Walton Unit #11E.  220 E Walton is a 19 unit vintage Gold Coast/Streeterville mid-rise.  From the listing:

Never Before On Market! Elaborate Vintage Penthouse W/ Over 2400 Sq. Ft. Of Outdoor Terrace Space! Expansive S,e, & W Views Of Both City & Lake! Spacious And Open Floorplan, Private Elevator Entrance W/Private Vestibule, Many Original Vintage Details*$443 Loan Special Assess. Effective Until 10 07 & $747.Special Assess. Effective Until 12/07* Totaling Mthly Assess. To $4761. * Creative Owner Financing Available

Yes- from the pictures it definitely looks like it has never been on the market. There are no pictures of the kitchen or baths so I shudder to think what those look like.

But you’d be buying it for the massive terrace anyway.  Clearly, that needs work as well (as it’s currently not landscaped) but with a little elbow grease, both the unit and the terrace could be spectacular.

Who doesn’t love those cool lions guarding the terrace?

220 E. Walton #11E: 3 bedrooms, 3.5 baths, 4500 square feet (2400 of it is the terrace), no parking

• Listed at $3.25 million

Mary Bennett of Koenig & Strey has the listing.