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There are still 59 units remaining in 1720 South Michigan, CMK Companies‘ 33-story high-rise at 1720 S Michigan Ave in the South Loop. Sales for this building appear to be moving at a slow pace this spring, especially considering that only 55 units were available when Joe posted a sponsored article in February (four fewer than there are now).
Construction on the Brininstool + Lynch-designed building is nearing completion, and there are still one-, two- and three-bedroom units available. Fifteen furnished models are on display in the building, which is about 14 more than we tend to get at other buildings. Of the remaining units, there are still several one-bedrooms in the low $200s, including the two below.
The floor plan for unit 405 (below, at left), a 722 square-foot, one-bedroom condo with a small balcony, is listed at $215,900. At 692 square feet, unit 1807 (below, at right) is a bit smaller, and it lacks the balcony and “optional computer alcove or closet” from unit 405. With a listing price of $211,900, it’s also a bit less expensive. And being on the 18th floor, unit 1807 probably has much better views.
The units in 1720 South Michigan have 10-foot ceiling heights, and the bedrooms in both of these one-bedroom units are separated from the great rooms with partial-height walls.
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I would really like to see how a living room lays out in those places. That balcony & column kills the space. Unless you want your couch in your kitchen, I can’t see how this could lay out well.
I’m with Stokes… The layout is terrrible for having a living room. Especially in 405 if you opt for the island.
Wish someone could confirm the % rental and investors in these buildings. I had heard as high as 40%…and 59 units left? Wow.
For the plan on the right I can see a layout that KIND OF works, but it’s still lousy:
-You’d have to put your TV on the west wall (or left since we don’t know orientation).
-Your couch would have it’s back side toward the kitchen running parallel to the cabinets.
-A small table would sit to the right of the giant column.
That little chunk of space to the left of the column is just terrible! It’s totally wasted space, and right by the windows. Also, the column will majorly obstruct your view from anywhere in the unit. And since when is it alright with code to have a bedroom with no windows?!? I guess that’s why the partition is movable. These are really bad floorplans.
Oh, I see. The bedroom wall is “partial height”, not moveable. Even better.
No thank you!
I went and toured the “furnished” model homes a month ago. They really are going to have a hard time selling the remaining units. What looks like might work in plan clearly doesn’t in real life, especially those units with the optional island. Literally one of the two bedrooms had two ottomans UNDER the flatscreen TV in the family “area” for seating, to accomodate a dining table, that was all that fit. While I understand that this is a budget friendly building, but one of the models had resin patio furniture set up in a bedroom to make it look it like a den.
I think if they had reduced each floor by one unit (and made up for the price in the remaining units) the resulting spaces would have been much more liveable.
A shame too because it’s a well designed building from the exterior…even the lobby looked really nice. But boy, those units!
Brininstool + Lynch has done some wonderful work in the past. I have to think that some external pressure made these crazy units happen.
That or the fact they design as if funtion follows form.
Well, developers rule the world now don’t they…
But if architects ruled the world, all of our spaces would be beautiful and awe-inspring, but they would have structural problems and cost overruns.
If engineers ruled the world, all buildings would stand up to any structural stresses and be on budget, but would be so ugly we all wished they would fall down!
Did a look and see – SEE WHAT?????
The units are tiny – but then I guess that is what is all about – small space small price. My RE person said the bld at 1720 was all rentals – not sure.
Floor plans are bad – and I hear the newer place on VaBuren is even smaller – how is that possible?
The only good thing for the crowd that wants to rent is that you can barter on the rental price – the owner wants the renter to pay everthing -the mortgage the assessments and the RE tax but the renter needs to look at the space compare with other buildings then come in and low ball – after all why should the renter pay for the mistake the owner made in buying the unit in the first place.
The Investor days are gone – the banks are making sure of that.
Renters be smart – check around – don’t be stuck paying a high price for something that is not worth it. Who cares about the owners upgrades – a renter wants space and a building that has things to offer – pool/gym/grocery/storage.
I own a 1 bedroom unit at 1720 S Michigan and am incredibly happy with my unit!
My layout is similar to unit 405 noted above and is on a high floor facing east (just like the 07 tier noted above). The east lake views are amazing and of the best in the city! Furniture lays out perfectly, but if you are looking for a larger 1 bedroom they are available up to 740 square feet and feel very spacious!
The last time I checked there were only about 30 out of the 498 units remaining starting at $199,900, which is almost 94% sold!
When I looked at other buildings in the South Loop, similar units of the same size were priced much higher with assessments well above the $236 per month that I pay. My assessments include:
24 hour door man – They are so nice and very helpful;
Onsite management – The building is very well managed and management is always accessible. The maintenance staff is amazing and the building always looks clean;
Gas (cooking gas, heat, washer dryer);
Water
The only bills that aren’t included are electric (about $30 per month), phone (if you want a landline) and cable.
Overall, I love the building and the location and am very happy with my purchase!
Dawn,
Did you, in fact, purchase a unit?
In the interest of fairness, shouldn’t you have disclosed that you’re apparently also a sales consultant for CMK, the developer?
I dislike anyone playing our readers for fools, whether they’re cowardly, anonymous bashers or well-meaning representatives of the developer.
The next time out, do a better job of posting something that passes the smell test and doesn’t read like ad copy.
Feel free to correct me if I’ve misinterpreted here.
Sounds more like an email sent to a prospective buyer than a “comment”.
Kinda amusing though. Next time, don’t go over the top with it.
With all this discussion about Green buildings, LEED certification, etc. do they factor in for the Carbon Footprint calculation that some buildings are so cheap that they may be torn down in 20 or 30 years and have to be rebuilt with something nice?
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