List Price: $2.8 million
The Property: The view from this condo on the 54th floor of the Heritage, the 57-story tower immediately west of the Cultural Center, takes in Millennium Park, Grant Park, and Lake Michigan. Even on the stormy day when we shot our photos and video, the views were breathtaking. Despite that, John and Wendy Tinnon, who own this in-town apartment, have found that they and their relatives don’t use the place enough, so they have it on the market.
In 2006, the Tinnons bought about 1,800 square feet of raw space from the building’s developers and configured it the way they wanted it, with a very large living room, dining room, and bar combination facing east over the park and a huge, suburban-scale kitchen facing south and east. Three bedrooms, including the master, also look east, and a fourth looks south.
While the tower’s exterior looks contemporary, the couple went for an interior that suggests a pre-war or Art Deco city home, with fluted decorative moldings near the ceiling (they match the fluted bases of the hefty wood pillars that flank the foyer), large picture-frame wall moldings in the master bedroom, painted stenciling on the main rooms’ ceiling, and a wood-paneled bar area. But as their agent, Iris Ade, points out, the finishes can easily pivot to make the place feel contemporary; the wood panels on the bar and dining area, in particular, have a clean diamond grain pattern that suits a more modern design.
While it was intended as a weekend getaway, the condo can easily work as a full-time home. The kitchen is definitely not a “we always go out to eat when we’re in the city” kitchenette, but a large, nicely outfitted space that a serious cook would enjoy. The third bedroom is now used as a sitting room for the master—the two spaces are separated by pocket doors—but could be redeployed as a bedroom. There are three full baths and one partial, and two deeded parking spaces.
Price Points: The Tinnons initially listed the condo for sale in March at $3.1 million, not including the parking spaces. They later dropped the price and included the spaces. According to the Cook County Recorder of Deeds, they paid $2.547 million in 2006 for the raw condo space. Ade says that with their costs to design and complete the space, the Tinnons are now asking a few hundred thousand dollars less than their total investment on the condo.
2 weeks ago