Want a cool duplex loft in River North? There are some deals out there
Everything in this market right now seems to be about new, new, new. Re-sale units are languishing- even the nicer ones.
Lofts used to be the “in” condo to buy in River North but the shift has been made to the high rise. Maybe it’s time to reconsider the loft. You can get a two bedroom, two bath penthouse duplex at the Sexton Lofts at 360 W. Illinois for the bargain price of around $600,000 with the parking. The Sexton was converted in 1999 and has 252 units. The building is well run and has low assessments.
Several of these penthouse units have been on the market in recent months. Unit #606, a two bedroom, a two bath duplex with outdoor deck which is listed at $649,000 plus $35,000 for parking, is finally under contract after months on the market. It has assessments of only $680 a month A sister unit is also currently listed:
Unit #624: 2 bedroom, 2 bath, 2000 square feet, 300 square foot terrace with gas hook-up
- Was listed for $598,000 plus $35,000 for parking
- Currently listed for $588,000
- Sold in January 2005 for $487,500
- Pictures above are of Unit #624
Yes- it has black appliances which dates the unit. But it has lovely brick and a great terrace.
James Faircloth at Prudential Preferred has the listing.
Unit #620 is also on the market for $614,000. It too is a duplex penthouse unit with large outdoor terrace. Koenig & Strey has that listing.