Views Week: City Lights from this Renovated Gold Coast 1-Bedroom at 1 E. Scott
This corner 1-bedroom on the 19th floor in 1 E. Scott in the Gold Coast came on the market in August 2022.
1 E. Scott was built in 1969 and has 240 units and attached leased garage parking.
It has 24-hour door staff, storage lockers, a laundry room and a rooftop outdoor pool with city views.
The listing says this unit was “fully renovated in 2020” and is “turn-key.”
It has vinyl flooring throughout.
The kitchen has modern white and wood cabinets with a peninsula that seats 2, white counter tops, a subway tile backsplash and stainless steel appliances.
It has a custom walk-in-closet.
The unit has central air, but there’s no washer/dryer in the unit. There’s rental parking in the building.
It has floor-to-ceiling windows with views south of the Gold Coast skyline including the John Hancock.
This building is on a tree-lined street in the heart of the Gold Coast but also just minutes from shops and restaurants on Rush/State/Division.
Listed at $300,000, is this the perfect 1-bedroom for lovers of city views?
Erin Deane at Baird & Warner has the listing. See the pictures here.
Unit #1904: 1 bedroom, 1 bath, no square footage listed
- I can’t find a sales price going back to 1985
- Currently listed at $300,000
- Assessments of $806 a month (includes doorman, cable, pool, exterior maintenance, scavenger, snow removal)
- Taxes of $4119
- Central Air
- No washer/dryer in the unit- but laundry room in the building
- Attached rental garage parking
- Bedroom: 15×10
- Living/dining: 22×17
- Kitchen: 11×9
- Foyer: 13×4
- Walk-in-closet: 7×7
Floorplan in the virtual tour link.
810 square feet, and it’s basically $3k/month (including cap on the DP).
You can rent a similar sized place at the Sinclair for basically $3k, and it comes with w/d in unit, a free zero-deductible home warranty and a free put option.
You would be, most likely, sacrificing the view.
Doesn’t one have to have a reasonable expectation of a 10 year hold for this to make financial sense?
This would be a good candidate for an airbnb, which I’m sure isn’t allowed…
Was listed for rent for $2k in 2920 (Guessing that was pre remodel)
Compared to the other 1BR for sale, this is nicer, but the kitchen IMO isnt worth a 25% premium
“This would be a good candidate for an airbnb, which I’m sure isn’t allowed…”
Thank goodness.
This remodeled 1-bedroom corner unit sold on Nov 9, 2022 for $285,000.
The Chatterati got it wrong again.
Who got what wrong on this one?
“Who got what wrong on this one?”
All the whining that it wouldn’t sell because it had no washer/dryer in the unit and blah, blah, blah.
So wrong. As normal. Chatterati is ALWAYS wrong. Lol. But at least you all have been consistent over the last 15 years.
I see measured responses up until your drunken ramblings
“All the whining that it wouldn’t sell”
I don’t see that anywhere. Here are the comments the public can see:
1. (me): it’s the same price as renting nearby; need to own for a while for buying to be a smart financial decision.
2. (sonies): would be a good rental
3. (JU): nicer than the competition, but maybe pricey.
I see no “whining”, no suggestion that it “wouldn’t sell”…are there comments you see that aren’t among the publicly viewable comments??
Still confused on this one…are there hidden comments?
“Still confused on this one…are there hidden comments?”
The whining. Always the whining on every post about how it will never sell “should stay a rental” or doesn’t have laundry so no one will want it.
LMFAO.
Chatterati has gotten it wrong for 15 years. I don’t expect any different now but I’m still amazed by the endless whining.
It sold for nearly full price. Nicely renovated and a corner unit with great views. Not everyone wants to rent.
“the whining on every post about how it will never sell ”
Where on this one? Which comment?
“should stay a rental”
Where on this one? Which comment?
“doesn’t have laundry so no one will want it”
Where on this one? Which comment?
This is some drunken gaslighting
LMFAO.