Tuesday, September 20, 2016

River North three bedrooms condo sales in 2016, median price a stunning $800,000

An attractive block on West Huron at North LaSalle (All photos Eric Rojas, Broker, Kale Realty).
A client is looking for a three bedroom condo in River North.  They prefer a "non high-rise" building like the ones shown above.  Let's check out over-all three bedrooms condo sales in the happening hot River North neighborhood.

River North neighborhood sales area
46 River North three bedrooms condos have sold from January 1st to September 16th, 2016.  The median price of a three bedrooms condo is $800,000. 

The lowest sold three bedrooms condo thus far is at 208 West Kinzie Street, Unit 3, Chicago IL 60654 for $427,000. The rare foreclosure sale is a cool live/ work loft at over 1500 sq/ft has a $500.00 per month assessment and did not include parking.

The highest sold unit is 500 West Superior Unit 2305 for $2,275,000.  The modern 3600 sq/ft home in the sky includes two car parking.
River North is known for it's fantastic gallery and restaurant scene incorporated into industrial loft buildings.
Smaller River North Buildings
The stakes get a little higher if looking for a smaller building like our clients.  Only 15 three bedrooms units have sold in buildings under 40 units.  The median price is about $900,000. 

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