We Love Authentic Lofts: 2-Bedroom Duplex in Printers Row: 720 S. Dearborn
This 2-bedroom duplex loft at 720 S. Dearborn in Printers Row has a unique loft layout.
The building is one of the street’s old printing factories and now has been converted into 57 lofts.
The loft has many authentic features including 12 foot high ceilings and exposed brick with a wide open first floor layout.
Both bedrooms are on the second floor.
The kitchen has custom cabinets and stainless steel appliances as well as granite counter tops.
As is common in many of the loft buildings in Printers Row, there is no deeded parking directly with the building. It is available for rent in the neighborhood or you can purchase a spot at 801 S. Plymouth.
The loft does have central air and in-unit washer/dryer, however.
The listing says the seller is motivated.
Tom Feddor at Castle Keepers Realty has the listing. See more pictures and a virtual tour here.
Unit #1006: 2 bedrooms, 1.5 baths, 1700 square feet
- Sold in July 2001 for $265,000
- Sold in December 2004 for $307,500
- Originally listed in June 2010 for $429,900
- Reduced
- Currently listed at $399,990
- Assessments of $923 a month (includes heat and a/c)
- Taxes of $4474
- Central Air
- Washer/Dryer in the unit
- No parking (rental or purchase in the neighborhood)
- Bedroom #1: 12×14
- Bedroom #2: 18×12
With killer assessments, no parking and being essentially a three room place, this will go for south of 300k. I’m just saying.
LOL hot tub time machine back to 2007 valuations.
blah
With several great examples of true lofts in this building alone and some of the only stock of nice true lofts in the city in 3-4 buildings around the neighborhood, this unit is so uninspiring. At least it has A/C, for some reason I thought 720 didn’t have it.
the ’04 price would probably get it done.
nice space but $399,900 is la-la land.
only 1.5 bath. high assessment in a low amenity building (no rooftop deck?, no workout room, no doorman). no parking option that doesn’t suck.
and this seller is “motivated”?
hope they’re motivated to hear offers in the $200’s.
“The listing says the seller is motivated.”
I wonder what the owner is motivated for exactly? Running a 5k? Getting a six-pack of abs? Reducing their BMI below a certain number?
There’s a studio in the Vetro for sale on craigslist that includes parking for $180,000. Seems to be the only unit for sale now.
I know the listing says that the assessments include “everything except electricity” but that is still awfully high for heat/a-c/garbage/water/cable if there are no other amenities. I wonder if they’re this high because they have to save up for some major repairs on the building.
Also, I think it’s misleading to list a parking price range in another building when there is no guarantee that you can find one.
This place is not worth $435k (including parking). I’d agree that the 2004 price is more realistic.
My friend lives in this building. These are true lofts and I know she got hammered with a huge special assessment a few years ago.
“Seems to be the only unit for sale now.”
Nopers. 1BR (without parking) short sale listed for 175k. MLS
07415463. Both are a rip vs. the auction values.
For a good laugh there’s also a fake penthouse (not top level) listed for 698.5k there which the investor bought for 353.5k back on 4/19 and is now trying to flip. We’ll see how that works out for them.
A simple redfin search of the address reveals these two listings. You can’t rely on craigslist.
It is 1700 sq. feet and only has 1.5 baths? I lived in 1100 sq. ft. and had two full baths.
The website made my brain bleed.
Motivated by what exactly? Insanity?!
Two years ago if I had suggested this place would ultimately have a value in the 200’s, 25 of you cribchatterers would have throw a brick at my head.
Today, that’s the consensus.
“Two years ago if I had suggested this place would ultimately have a value in the 200’s, 25 of you cribchatterers would have throw a brick at my head.
Today, that’s the consensus.”
No, hindsight is 20/20.
Looks like the master has no windows???
Also is this a good area?
Printers row lofts are the worst. Very high assessments – no parking – huge specials. And the list goes on. I would assume these units are all filled by bankers who don’t want to commute and don’t care what something costs compared to comparable units in other areas south and west loop.