Anyone interested in snatching up one of 30 W. Erie‘s four unsold condominiums will receive a couple perks with their purchase. Schillaci Birmingham Development has tacked two incentives onto the three-bedroom, 2.5-bath units, says broker Cary Eldridge of @properties. Buyers will now receive a parking spot (originally listed at $50,000) and $25,000 in upgrades including larger Sub-Zero refrigerators, six-burner stoves, stone countertops and wine fridges.
The half-floor condominiums are 2,300 to 2,800 square feet in size and run from $1.2 million to $1.6 million. The 20-unit building was designed by Hartshorne Plunkard Architecture. (We offered some observations about the execution of their design last fall.)
Had they built what they originally depicted on the beautiful rendering, they might not be giving so much away.
I would say that this does does not bode well for the HURON. Maybe those lovely old brick townhomes will be around for another decade or so….
$75,000 worth of incentives might catch someone’s attention on a $500,000 or less condo, but it’s a drop in the bucket for a $1.2 million and up place.
You mean those lovely old brick townhomes at STATE and Huron right?
I can hear those dozers coming, they’re comin’ down the street…….”
A MILLION AND A HALF and you only get a 3 bed apartment??!! hahahaahahha
If someone can afford 1.5 MILLION dollars to buy a 3 bed apartment, they are not going to sweat 50 thousand for a parking space. Anyone that can drop 1.5 for real estate probably can afford to hire a chauffer. Or atleast someone to stock their fridge for them.
huh,
Do your parents know you’re online?
What ahppen to the beautiful rendering that was shown in all the sales brochures? What the heak happened to this project, it turned out to be a huge dud! i would never guess this building housed million dollar homes!!
It’s called a bait and switch. Lucky buyers get to pass the FedexKinkos on the way up to half floor residence. This may be impacting the sales as well. Sort of embarrasing really.
Maybe they should offer double flush toilets as a free upgrade. WOOOHOOO!
not as embarasing as my grammer and spelling tho.
NYC pricing in downtown Chicago. This would be a great building for a law firm to purchase and lease a unit to every partner. Sort of like the movie The Advocate.
I’m waiting for an intelligent comment here from someone who could actually afford this building.
I’d bet that most of the buyers will be happy to see the FedEx Kinko’s. And that $75k in incentives can make the difference to some on a $1.2M purchase.
Too many of these comments add only one thing to the discussion: a clear indication that the commenters are out of their league.
Anyone who can afford to buy in this building can afford NOT to buy here. That kind of money can get you a MUCH nicer place elsewhere. Even places selling for half of the prices of units in this building will have fancy appliances.
Pete,
So tell us about some of the projects you like in this price range – oh, wait, you don’t like anything. Never h ave. Never will.
Joe,
It is not out of my league, thanks for prequalifying me, very sneaky.
Go to the development’s website and look at the rendering. If it looked like that, I would be all for it at list prices.
The developer’s website is STILL showing all of the wonderful detail cut from the building during “value engineering.” Where is that wonderfully detailed slate mansard roof reminiscent of classice Michigan Avenue buildings from the 1920’s and 30’s?
If I bought off of plans, I might be trying to round up my neighbors to sue the developer.
This is what happens when the developer who designed the building with the architect flips plans/permit to another developer prior to construction. The new developer then tries to recoup the money they overpaid the original developer and then you have a butchered design.
The City should really have a better way to hold developers accountable to build per approved plans.
We chose not to buy in the building because of the lack of an open kitchen layout. If I remmember correctly, the kitchen is hidden in the back and does not open up to a family room/living space – my wife did not want to be “holed up” in the kitchen by herself while we were entertaining guests. These units are very spacious though and it is nice to have all that space on one floor.
Sammy,
Thanks for your comment, it’s nice to hear from someone on the market. Did you end up buying in a high-rise – and if so, where?
We ended up buying at 150 W. Superior