clock menu more-arrow no yes

Filed under:

Own this rehabbed River North penthouse for $4.49M

New, 5 comments

This spacious unit comes with all the bells and whistles of a luxury new construction

Though the 18-story condominium building at 400 W. Ontario has been around since 1999, this newly-listed penthouse unit on the tower’s top floor was the recent recipient of a full gut rehab. Accessed via a private elevator entrance, the four-bedroom home has all the built-in amenities and finishes of a high-end new construction and sports pretty spectacular views of River North.

If the 6,800 square feet of interior space isn’t quite roomy enough, the property also features a 2,400-square-foot wrap-around outdoor terrace that can be reached from multiple points within the unit. Also of note is the home’s absolutely cavernous walk-in closets. According to the listing, the largest features its own separate coffee bar — presumably to allow the future homeowner to sip macchiatos as they are dressed by servants.

After last selling for $2,000,000 in early 2015, this highly-upgraded property is currently seeking $4,490,000. Considering Chicago’s inventory-starved new condominium market, its not unreasonable that the recent renovations can support the home’s dramatic bump in value.