Still plenty of availability at 600 North Fairbanks

Photo of 600 North Fairbanks, a Helmut Jahn-designed high-rise in Streeterville, Chicago. Photo by Michael KardasThere are a few obvious reasons to want to live in 600 North Fairbanks: It’s centrally located in Streeterville, north-facing units have unobstructed city views, and most of all, you get to tell your friends that you live in “a Jahn.”

That privilege comes at a price. As Trib architecture critic Blair Kamin explained in a column last January, buyers are required to treat their windows with off-white shades, the north and south sides lack operable windows, and, as Kamin put it, “in a small number of units, residents will have to draw the shades to obtain privacy while in the bathroom.”

It’s probably pure coincidence, but since Kamin’s column ran, 600 North Fairbanks has had a pretty slow go of it. In March, Patrick Rollens reported that five buyers had defaulted at closing, and since then the last eight unsold homes in the 229-unit building have remained on the market.

An MLS search today finds that the developer’s brokerage, Schatz Realty, still has listings for eight unsold homes. Most are in the penthouse level or on the upper floors, and most are priced right around $1 million. All of them have two bedrooms and two baths, and they’re priced from the $670s to $1.24 million.

There are also 14 condos listed by other brokerages, many of which are resales. Of those, three are one-bedroom / one-baths priced from the $390s to the $420s, and the rest are two-bedroom / two-baths priced from the $570s to the $990s. Eight rental units are also listed on the MLS at prices ranging from from $2,500 to $5,000 per month.

NewHomeNotebook:
Rate and review 600 North Fairbanks

Related posts:
Sales update>: Eight condos left at 600 North Fairbanks (July 8)
Several condos left at 600 North Fairbanks (March 4)
Buy a Lagrange if you don’t like it (Jan. 21)

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