*** NEW LOWER PRICE! *** Solid, nice-looking file cabinet that holds a ton! I am only getting rid of it because I’m purging and downsizing and don’t need this much storage now. IKEA doesn’t sell this model anymore, but I believe it cost about $400 new. It easily holds either letter or legal size folders - you just move the metal pieces inside the drawers to accommodate your needs. Full disclosure: I had this in a basement for awhile so there is some water damage on the very bottom section. (See photos) However, it has made it just fine through two moves since then so it seems to be in good structural shape, and is therefore just a minor aesthetic issue. Mostly I think you don’t notice it, but wanted to be up front. Besides that, it’s in good shape - just one ding on the second drawer down.