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Ranquist Gets A Handle on 747 Clark, Units Hit the Market

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Earlier this month, Bob Ranquist and Belgravia Group paid $1.84M for the zombie property at 747 N Clark. The six-story eyesore topped out a few years ago before stalling out. Karen Ranquist confirmed with Curbed the awakening of the six-story skeletal form, in partnership with Seattle-based architects Miller Hull. Just yesterday, a third-floor listing went live on MLS — one of six full-floor condos. When offered for occupancy in late-November or December, the first floor unit will measure 2,000 square feet and the other five roughly 2,500 square feet. All will benefit from a 38-foot-wide floor plate. Ranquist notes that half of the units are already under contract and the remaining ones — 201, 301, and 601 — are asking between $1,150,800 and $1,225,800. Per the brochure, unit 201 has a large terrace (as does 701, now unavailable); the others have two balconies each; and all have media rooms and three bedrooms. Many will know Ranquist and Miller Hull from productive and adventurous collaborations around town: Urban Sandbox and 156 W Superior (around the corner from 747 Clark) come to mind. And each has their own portfolio in play.
·Listing: 747 N Clark Street #301 [Koenig & Strey]
·Developer to build six condos in River North [Crain's]