Helen and Larry bought their first home in 1967. A condominium built by Dunbar Builders on Lake Michigan. It was one of the first condominium buildings in Chicago. When the developers initially designed the two towers, they were to be 16 stories each. The first building sold so fast that by the time Helen and Larry decided to buy, the developers had almost doubled the height making the second tower 26 stories. The lowest available one-bedroom, facing south, was on the 18th floor and construction had not yet begun. Helen and Larry enjoyed the building's balconies, pool, and beach. They lived there the remainder of their lives.The first tower, which can be seen in the right corner of the photo, is were Bob Newhart was supposedly living in his 1970s TV Show.
A one bedroom, 900 square foot unit costs $24,300 in 1967. By 2007, the price had increased eight-fold. They made a good investment!
I have had SO many fond memories at 5855 Sheridan!
ReplyDelete-Colleen McIntyre Burke