Some sales are straightforward. Others require patience and a clear sense of the market. Residence 903 at the Fordham fell into the second category. It closed at $560,000, and the path to that number reflects both the realities of today’s buyer pool and the lasting appeal of this building at 25 East Superior.
The Fordham remains one of the class A condo buildings in Chicago’s Cathedral District. Its location, service, and reputation continue to set it apart, even as the River North market works through a slower period. But buyers today are prioritizing move-in-ready homes, and Residence 903 needed updating. The layout and structure were solid, yet the finishes showed their age. Most buyers saw a project rather than potential, which shaped the pace of the sale.
What ultimately helped this home find the right buyer was the strength of the building itself. The Fordham has a standing in River North that newer towers have not matched. Its amenities, scale, and long-term stability remain key reasons people look at 25 East Superior when searching for Chicago condos. Buyers familiar with the Cathedral District understand that it is one of the most established and reliable pockets of the neighborhood. With that context, a home needing work becomes an opportunity to personalize, rather than a hurdle.
This sale feels like a positive indicator for the River North market. When an original-condition residence in a building like the Fordham can sell at a fair number, it suggests buyers are reengaging and confidence is returning. The Fordham deserves to be viewed as a cornerstone property in the area, and moments like this help reinforce that presence.
Every home has its own trajectory. Some move quickly, others take time, and some require a layered approach. Residence 903 needed that extra attention, which is exactly what made the outcome meaningful for both the seller and the building.
If you are considering buying or selling at the Fordham or exploring condos in the Cathedral District and River North, I am always available to help you understand the market and identify the right opportunities.
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