200 North Dearborn Conversion Condos

200 North Dearborn is the latest apartment building to be converted to condominiums by developer American Invsco. The Chicago-based firm signed a contract earlier this year to purchase the 46-story building and begin converting its 309 units into individually-owned condo homes, actually making it the first such conversion of 2007, which has seen the downtown condo market cool off and the rental market heat up. It is probably the right time for 200 North Dearborn to undergo this transformation, as a little online digging will turn up current renters complaining about the structures deteriorating condition, its management, and a number of other issues. The building is in a great location, right in the heart of Chicago’s Theater District, and is surrounded by all the best the city has to offer. Assuming a quality conversion, 200 North could end up being a great place to live.

The plan is for 200 North Dearborn to offer a variety of studio, convertible, one-, and two-bedroom floor plans. Sizes range from 570 square feet on the small end to over 1200 square feet for the largest two-bedroom two-bath unit. While not the largest condos in Chicago, the homes here are still competitive and should be adequate, due to their open design. The homes will come packed with the most popular amenities, including hardwood floors, stainless steel appliances, private balconies, custom cabinets, ceramic bath tile, and many other luxurious finishes that will hopefully attract many buyers. The tower itself features outstanding city, lake, and river views, an indoor pool and fitness center, a party room and sundeck, a White Hen convenience store on the ground level, and an enclosed pedway that connects 200 North to a variety of retail shops and Loop office buildings. Many public transportation options are also steps away, making getting around the city a snap.

Project developer American Invsco has been in business since 1969 and has successfully designed and marketed more than 40,000 condos in 40 cities across the country, with an estimated value of over $4 billion. The firm’s aim is to provide an excellent homeownership experience that is pleasant, seamless, and completely informed. Hopefully, their magic touch can reverse some of the negative press the old 200 North Dearborn generated and will make the buildings’ new residents very happy. Anyone wishing to investigate living at 200 North Dearborn can fill out the form below to get more information about the homes here.

Mike O'Cull

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