401 E Ontario is a terrific East Streeterville building, and I saw a terrific loft-like condo there last week that sold (twice) almost immediately.

The building was built in 1989, and 394 studios, 1,2, and 3 bedroom units are found on the 50 floors. It’s a full amenity building – get information on the amenities by selecting the links toward the bottom of this post.

It’s a gorgeous building in a fabulous location – views from units can be wonderful, however that wasn’t the point of this condo – it was the flexibility of space and high ceilings/windows that aren’t found in most Streeterville condos, combined with the beautiful finishes that make it a very special property.

This unit (note – it’s not my listing – I was representing the buyer) isn’t like most of the units in the building, but it enjoys the same amenities! My buyer passed on it, reluctantly, for personal reasons. We both loved it, though, and we aren’t surprised it was snapped up immediately.

Check out some of the photos here:

401 Ontario Streeterville condos

401 Ontario Streeterville condo for sale401 Ontario - Streeterville condos for sale

Lessons:

  • In this market, make sure you work with an agent who’s constantly on the prowl to find units that meet your needs.
  • Sign up for search alerts on agent websites so you have instant access to new listings the moment they become available.
  • Often, it’s not how much off the listing price that matters- it’s the value compared to other similar properties that have SOLD and how the property compares to your individual needs.
  • The appraisal must be high enough in price qualify for your loan, but that number isn’t derived from the listing price, either.

401 E Ontario Amenities:

Bike Storage
Club Room
Fitness Center, Sauna and Showers
June’s Dry Cleaning, Laundry and Package Service
Laundry Center
Other Retail Establishments In 401 East Ontario
Parking Garage
Storage Lockers
Sun Decks
Swimming Pool and Jacuzzi

Special Streeterville Condo Searches

Streeterville One Bedrooms for Sale – Select this link to find Streeterville 1 Bedrooms for sale TODAY!

Streeterville Two Bedrooms for Sale – Select this link to find Streeterville 2 Bedrooms for sale TODAY!

To have a special search created just for you, select this link and include your search parameters.

401 E Ontario Sales Analysis

Note:  some units include parking while others do not — check with your real estate agent or call Anne Rossley to get more information on sales at 401 E Ontario.
 
 UnitListedSoldSF$/SFDateMTBRBAEXP
ACTV2307$255,000800$318.7510/28/1213511N
ACTV2503$275,000800$343.752/10/133011N E
ACTV3206$277,900800$347.3811/10/1241611S
NEW303$375,0001200$312.503/4/13211N S
NEW1309$434,9001200$362.423/2/13722N E
PCHG3203$254,90002/28/134811
Pend4302$649,9001800$361.062/25/1314732S W
Pend3501$275,000900$305.562/17/131911N W
Pend4303$299,000775$385.812/24/132011N
CLSD2604$229,000$247,50002/13/124011S
CLSD2403$219,000$208,00004/23/12711N W
CLSD1108$245,000$259,000800$323.755/31/1217411S
CLSD2401$269,000$289,000875$330.296/1/1227611N W
CLSD2804$229,000$245,000800$306.256/14/125211S
CLSD601$235,000$241,250900$268.066/19/1231811N W
CLSD201$299,000$297,50007/9/124512N
CLSD4202$649,000$615,0001800$341.678/17/1216232N W
CLSD2603$239,000$255,000800$318.759/12/121611N E
CLSD606$230,000$230,000010/8/1215111S E W
CLSD710$205,000$220,000900$244.4410/19/125711E
CLSD1410$219,000$242,500010/30/127011E
CLSD506$200,000$199,000700$284.2911/19/1219311S E W
CLSD3201$274,500$267,000900$296.6712/20/12711N W
CLSD2505$245,000$245,000700$350.001/14/13311N
CLSD3404$279,000$267,000800$333.753/4/1317611S

 

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