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2405 W Iowa Street #402

Chicago, IL 60622
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Bed 3

Bed

Bath 2

Bath

SqFt1,433

Sqft

Better than new and hard to recreate at this price! This stunning penthouse residence at The Iowan combines the quality of luxury 2022 new construction with tens of thousands of dollars in thoughtful upgrades already completed for you. No need to wait months for new construction! Located in West Town, this sophisticated 3-bedroom, 2-bath penthouse offers the rare combination of an elevator building, two side-by-side garage parking spaces, and an expansive private rooftop deck with sweeping treetop and skyline views. Floor-to-ceiling windows flood the home with natural light, while the open-concept floor plan is perfect for both everyday living and entertaining. The chef's kitchen is beautifully appointed with Wolf and Sub-Zero appliances, an oversized island, custom pantry cabinet, and a d esigner backsplash that extends seamlessly from the countertops. Throughout the home, the owners elevated nearly every space with custom California Closets featuring Elfa systems, upgraded paint finishes, designer lighting, additional recessed lighting, motorized window shades in the living room and primary suite, custom window treatments throughout, an Ecobee smart thermostat, and a convenient keyless entry system. The luxurious primary suite feels like a private retreat with dual custom closets, additional linen and storage cabinetry, heated floors, a soaker tub and a spa-inspired steam shower. Even the secondary bedrooms have been enhanced with updated lighting and custom closet systems, a built-in safe in the guest room and charming wall molding to add designer character to the nursery. Outdoor living is just as impressive. The massive private rooftop deck is already equipped with a gas line for a fire pit, and both the rooftop deck and balcony have been professionally sealed for long-term durability. Two attached garage parking spaces are included and are accessed through their own garage door - making city parking a breeze. The association offers a dedicated bike rack in the garage for added convenience. The building itself has continued to improve since completion, the HOA recently updated the foyer with new flooring and fresh paint, while residents also enjoy annual exterior window washing. Perfectly situated in one of Chicago's most vibrant neighborhoods, you'll enjoy easy access to neighborhood favorites along Chicago Avenue, Division Street, and Milwaukee Avenue, including award-winning restaurants, coffee shops, breweries, boutiques, parks, and convenient public transportation. This is a rare opportunity to own a truly turnkey luxury penthouse where every detail has already been thoughtfully upgraded and offering a level of finish and functionality that's rarely found, even in brand-new construction.

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Detail Ic Property Details

Property Type : Residential

Price : $849,900

AD Id : 88551718

MLS Id : MRD12711917

Beds : 3

Living Area Size : 1,433

Year Built : 2022

Garage : 2

County : Cook

  • Map Map

Map

Feature Features

  • Bedroom Information

    Total Bedroom: 3 Room Types: Balcony/Porch/Lanai, Deck, Walk In Closet

    Bathroom Information

    Total Baths: 2 Full Baths: 2

    Room Information

    Rooms Total: 6

    Interior Features

    Walk-In Closet(s) Roof: Rubber Appliances: Range, Microwave, Dishwasher, High End Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Range Hood, Front Controls on Range/Cooktop, Gas Cooktop, Gas Oven, Humidifier Laundry Features: Main Level, Washer Hookup, Gas Dryer Hookup, In Unit, Laundry Closet

    Roofing Information

    Rubber
  • Flooring Information

    Flooring: Hardwood Construction Materials: Brick, Glass
  • Heating & Cooling

    Heating: Natural Gas Cooling: Central Air WaterSource: Lake Michigan, Public

  • Building Information

    Year Built: 2022
  • Exterior Features

    Balcony, Roof Deck Construction Materials: Brick, Glass

  • Lot Information

    Lot Dimensions: COMMON

    Property Information

    Property Type: Residential Sub Type: Attached Single Type Attached: Condo,Mid Rise (4-6 Stories),Penthouse

  • Listing Price Information

    Original List Price:$849900

  • Tax Information

    Annual Tax: $15254.28 Tax Year: 2024 Parcel Number: 16014300131014 Tax Exemption: None

  • Parking Information

    Total Parking: 2 Garage Door Opener, Heated Garage, Garage, Yes, Garage Owned, Attached Is Parking Included in Price: Yes

    Garage Information

    Garage Space: 2

    Homeowners Association Information

    Included Fees: Water, Insurance, Security, Exterior Maintenance, Scavenger, Snow Removal Included Amenities: Bike Room/Bike Trails, Elevator in Residence, Security Door Lock(s) HOA: $409.00 Monthly

  • School Information

    Elementary School: Chopin Elementary School Junior High School: Chopin Elementary School Senior High School: Clemente Community Academy Senio
  • Utility Information

    Sewer: Public Sewer Water Source: Lake Michigan, Public
  • Location Information

    City: Chicago Direction: Corner of Iowa and Western
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ByOwner last updated this listing 07/30/2026 @ 18:20

MLS: MRED #12711917 LISTED BY: Tabitha Murphy, Berkshire Hathaway HomeServices Chicago 708-848-5550 SOURCE: Midwest Real Estate Data LLC (MRED) (Listings courtesy of Midwest Real Estate Data LLC (MRED) as distributed by MLS GRID)

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