Vintage That’s Like New in the Gold Coast: A 2/2 at 73 E. Elm
This 2-bedroom in 73 E. Elm in the Gold Coast came on the market in July 2019.
Built in 1928, this building has 48 units, a rooftop deck and a doorman.
This 11th floor unit has many of its vintage features including a barrel vaulted ceiling in the entryway, dark parquet flooring, crown molding and arched doorways.
It has recessed lighting along with a 10 speaker ceiling system with Sono’s.
The kitchen is open to the dining room which the listing says can seat 10. It is currently being used as a family room, however.
The kitchen has white cabinets with Subzero, Wolf and Bosch appliances and Carrara marble counters.
The listing says both baths have been updated with marble and custom vanities.
The unit has Space Pak cooling but there’s no in-unit washer/dryer and no garage parking. It is rental in the neighborhood.
The listing also says that there are some views of the lake from the unit.
If you love vintage but want “new” is this property a good trade off?
Robin Phelps at @Properties has the listing. See the pictures here.
Unit #11A: 2 bedrooms, 2 baths, 1600 square feet
- Sold in July 1998 for $277,000
- Lis pendens filed in January 2007
- Looks like it sold from the bank in March 2009 for $361,500
- Sold in February 2011 for $620,000
- Sold in June 2016 for $670,000
- Originally listed in July 2019 (I couldn’t find the original list price)
- Currently listed at $699,000
- Assessments of $1781 a month (includes heat, doorman, cable, exterior maintenance, scavenger, snow removal and Internet)
- Taxes of $9914
- Space Pak cooling
- No in-unit washer/dryer. Coin laundry in the building.
- No parking. Rental is available in the neighborhood.
- Bedroom #1: 15×12
- Bedroom #2: 15×11
- Living room: 18×13
- Family room/dining room: 14×23
- Kitchen: 16×7
Pretty sure we have those same dining chairs. Was not a prudent choice with little kids.
I know there are sacrifices to make with vintage buildings, but for $700,000, I don’t think I should have to go to the basement and put a coin in the machine to do my laundry.
Also, why would someone open the kitchen to the DR in a vintage place? Part of the charm of vintage is the formal DR. I realize it might be considered a waste of space in today’s world, but at least leave it closed.
“Also, why would someone open the kitchen to the DR in a vintage place?”
Because it’s open to the dining and/or family room in most people’s homes now. Let’s be frank. Most don’t use their “dining rooms.” They eat at the island in the kitchen.
To me, this layout is much more marketable than when it was closed.
I also love separate formal dining rooms in traditional houses and units. But this unit originally had a long and dark galley kitchen that was 7 feet wide. This is a wonderful improvement.
Contingent as of 8/26.