Tuesday, December 08, 2015

Family wants "in-town" at Mies 330 West Diversey Parkway in Lakeview

330 and 340 W Diversey, Chicago IL 60657 designed by Mies van der Rohe and known as Commonwealth Plaza. Several tiers offer amazing south views over the parks and east to the lake.
Long time East Lakeview clients of ours now have two kids.  Their out of state family plans on long visits with the grandchildren so they've decided to invest in a second home.  They really liked the Mies designed building at 330 W Diversey Parkway in East Lakeview near the north end of Lincoln Park.

Commonwealth Plaza 330 W Diversey unit sales
Six of the 226 units have been recorded as sold in the MLS over the last 12 months.  There may have been a few "off-market" sales as well.  All six unit sales in the last 12 months have been two bedrooms, two bath units with a median price of about $328,500.  The assessments for these units average about $850.00/ month and include heat, AC, water, Internet, cable, maintenance and common building insurance.

The building consists of 226 units that are mostly two bedrooms and two bathrooms. There are a handful of studio apartments, three bedrooms and even combined four bedrooms units (made from combined units). The Mies designed building feature elevators, fitness room, outdoor pool, door person, valet garage parking ($200/ month).

The buildings sits on sprawling fantastic Lincoln Park and steps to the lakefront.
Five units are currently offered for sale at 330 W Diversey.  All the units are two bedrooms units priced from $259,000 for a 6th floor unit in need of renovations to $399,000 for a renovated 5th floor unit with pretty amazing south views over the parks.

Only one unit is pending sale. Unit 2605 is currently under contract asking $485,000.  The corner two beds, two baths home is fully renovated with outstanding views from very room.

Check out an old post from 2011 when we were looking at the building then.

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