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Sold for $1,500,000
  • $1,500,000

    550 N Kingsbury St APT 401, Chicago, IL 60654

    5beds
    3,500sqft
    Condo
    Built in ----
    -- sqft lot
    $1,575,100 Zestimate®
    $429/sqft
    $7,989 Estimated rent

    Home value

    $1,575,100

    $1.40M - $1.78M

    $7,989/mo

    Zestimate® history
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    $8,829/mo

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    $8,829/mo

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    What's special

    Experience unparalleled luxury in this exclusive River North corner duplex up - a rare gem hitting the market for the first time in over 25 years! Spanning over 3500 square feet, this 5-bedroom, 4-bathroom home boasts a meticulously crafted design with exposed brick, a soaring 12' bead board, and reclaimed timber ceiling. As you step into the bright and spacious foyer, you'll be captivated by the open floor plan adorned with contemporary finishes, creating a warm and inviting ambiance. Natural light floods the space, complemented by custom rattan bamboo shades that allow you to tailor the atmosphere to your preference. The gourmet kitchen is a masterpiece, featuring sleek granite countertops, a vented Gaggenau cooktop, Thermador oven, Subzero refrigerator, Bosch dishwasher, and a central island with seating. The combined dining and living room area, complete with a gas fireplace, opens to a private balcony with breathtaking city and river views. The main floor hosts two large bedrooms and two full baths, including one with a dual vanity, heated floors, and ample storage. Upstairs, a lovely sitting area leads to three additional bedrooms and two more bathrooms, one enriched with a riverstone floor. The primary bedroom boasts a massive walk-through closet area. Indulge in the convenience of a built-in wet bar, mini wine fridge, dishwasher, hot water dispenser, water purifier, and a stackable Bosch washer and dryer on the upper floor. Two deeded indoor parking spaces and 480 square feet of storage across two units ensure seamless living. This pet-friendly River Bank Lofts building offers a 24/7 door staff, communal rooftop deck, art gallery lobby, exercise facilities, dry cleaners, and on-site management. Located in the esteemed Ogden Elementary School boundaries, it's steps away from dog parks and the East Bank Club. Seize the opportunity to reside in one of Chicago's most coveted neighborhoods, with easy access to fine dining, shopping, entertainment, and public transit options such as the CTA Brown & Purple Lines at Chicago Station. For frequent travelers, the CTA Blue Line at Grand Station provides a direct route to O'Hare. With convenient access to I-90 and Lake Shore Drive, this is your chance to elevate your lifestyle in the heart of luxury. Don't miss out!

    Zillow last checked:

    Source: @Properties sold,MLS#: 11967648

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Natural Gas
    Cooling
    • Central Air
    Interior area
    • Total structure area: 3,500
    • Total interior livable area: 3,500 sqft

    Property

    Features
    • On waterfront: Yes
    • Waterfront features: Waterfront
    • Frontage type: Waterfront
    Details
    • Parcel number: 17091260121005

    Construction

    Type & style
    • Home type: Condo
    Materials
    • Brick

    Community & HOA

    Location
    • Region: Chicago

    Financial & listing details

    • Price per square foot: $429/sqft
    • Tax assessed value: $785,760
    • Annual tax amount: $15,786
    • Date on market: 3/21/2024

    Price history

    DateEventPrice
    3/19/2024Sold$1,500,000+0.3%$429/sqft
    Source: MRED as distributed by MLS GRID #11967648 Report a problem
    3/1/2024Pending sale$1,495,000$427/sqft
    Source: MRED as distributed by MLS GRID #11967648 Report a problem
    2/9/2024Contingent$1,495,000$427/sqft
    Source: MRED as distributed by MLS GRID #11967648 Report a problem
    1/26/2024Listed for sale$1,495,000$427/sqft
    Source: MRED as distributed by MLS GRID #11967648 Report a problem
    1/26/2024Listing removed--
    Source: MRED as distributed by MLS GRID #11899111 Report a problem
    10/3/2023Price change$1,495,000-14.6%$427/sqft
    Source: MRED as distributed by MLS GRID #11899111 Report a problem
    6/27/2023Price change$1,750,000-12.5%$500/sqft
    Source: MRED as distributed by MLS GRID #11818006 Report a problem
    5/4/2023Listed for sale$2,000,000$571/sqft
    Source: MRED as distributed by MLS GRID #11774629 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$15,786 -10.2%$78,576 -5.7%
    2023$17,575 +2.6%$83,299
    2022$17,133 +2.3%$83,299
    2021$16,751 +8.1%$83,299 +19.7%
    2020$15,497 +2.1%$69,566 -7.9%
    2019$15,174 +1.7%$75,526
    2018$14,919 +10.8%$75,526 +20.7%
    2017$13,469 +7.5%$62,568
    2016$12,532 +9.3%$62,568
    2015$11,465 +14.5%$62,568 +15.9%
    2014$10,015 +2%$53,978
    2013$9,817 -6.4%$53,978 -7.7%
    2012$10,491 +12.1%$58,463 +1.3%
    2011$9,357 -0.4%$57,740
    2010$9,396 +4.4%$57,740
    2009$9,004 +12.5%$57,740 +3.5%
    2008$8,003 +1%$55,787
    2007$7,923 -1.1%$55,787
    2006$8,009 -10.1%$55,787 +2.4%
    2005$8,906 +1%$54,503
    2004$8,816 +2.2%$54,503
    2003$8,624 +14.2%$54,503 +29.7%
    2002$7,550 +3.8%$42,023
    2001$7,277 +20.9%$42,023
    2000$6,017 -0.7%$42,023 +34.2%
    1999$6,058 $31,321
    Find assessor info on the county website

    Neighborhood: River North

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,575,100
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,575,100