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Duplex Loft With Vaulted Ceiling, Huge Roof Deck Asks $685K

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We all know the term 'penthouse' has become problematic, as if any unit within the top several floors of a high-rise warrants such recognition. The abuse is less rampant with smaller industrial loft conversions, given the obvious absurdity of declaring second and third-floor units penthouses. This West Loop concrete loft penthouse manifests the term's intended associations: top floor; large and open; and the beneficiary of a private roof deck. The barn-like interior features steel beams, balcony lofts, hanging lamps, fireplace, open kitchen, skylights, and sliding doors to the deck. The outside space boasts a built-in BBQ rig and some 700 square feet with city views. Monthly assessments are just $475, garage parking is included, and the initial ask of $685K is $40K below the 2003 sale price.
·Listing: 110 N Peoria St. #501 [Jameson Sotheby's]