Tuesday, June 20, 2017

Viewing 60 East Monroe, the Legacy near Millennium Park

We recently viewed several units at The Legacy downtown to find the right tier and floor for our clients. Hopefully we'll get better weather and views the next time!
We've been working with a repeat client who has made the move to downtown from Lakeview.  They'd like to buy unit in the Loop specifically in a building with a pool, parking and units with a balcony. Of course 60 East Monroe, The Legacy, fits the bill.

Balcony view from the '03 tier on the 35th floor. We mainly focused on two bedrooms, two baths re-sale units. We looked at two of the remaining developer units (one is a three bedrooms floor plan but overlooked the top of a building with huge HVAC systems running).
Recent sales
Only a few of the developer units remain in the building. My understanding from the showings is they remaining units had never been rented out.

38 units closed at the Leagcy over the last 12 months.  The median price of condo is about $900,000.  The lowest priced sold condo in the last 12 months is 60 E Monroe St Unit 1806, Chicago, 60603 for $405,000. The re-sale unit has two bedrooms and one and one half baths.

The highest sold unit over the same period is 60 E Monroe St Unit 7102-01, Chicago, 60603 for $6,200,000.  The "full floor penthouse" was a developer owned unit at time of sale and features four bedrooms, five and one-half baths over 9500 square feet according to the @Properties listing.

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