Trying to Sell a Custom 5-Bedroom Smith Park House for 49% More: 2435 W. Erie

2435-w-erie

This 5-bedroom single family home at 2435 W. Erie in the Smith Park neighborhood of West Town came on the market in June 2017.

But for those of you who have been long time readers, this house may look familiar.

We chattered about it all the way back in 2008 when it was newly constructed.

A blast from the past!

You can see our chatter here along with some interior pictures.

Built on a 30×125 lot in 2007, it has unique custom finishes including coffered ceilings, custom millwork and detailed moldings (see the pictures to see just how custom it is).

It has 2 wood burning fireplaces and radiant heated flooring on several floors.

There are 2 full laundry rooms.

The kitchen has custom raised panel cabinetry in antique glaze, oil rubbed bronze hardware and a 48′ Viking range.

The baths are described as “luxury” and there’s a full steam room.

There are two terraces and a deck over the garage.

The house also has a great room and a home theater room.

Old listings said the house was 5500 square feet but the current listing doesn’t have the square footage.

This house apparently never originally sold. It became bank owned either in 2009 or 2016 (both show up in the public record).

It was listed by the bank in August 2016 for $999,000 and sold last November for $867,000.

According to those listing pictures, the kitchen and baths were in place, along with the appliances. See that listing here.

The house came back on the market just 7 months later, in June 2017, for $1.299 million.

Is the market so hot that this home will be resold within a year for 49% more?

Karen Biazar at North Clybourn Group has the listing. See the current pictures here.

Or see it in person at the Open House on Sunday, Oct 22 from 1 – 2:30 PM.

2435 W. Erie: 5 bedrooms, 4.2 baths, no square footage listed (but it was listed at 5500 sq feet in old listings)

  • Former house sold in March 2004 for $345,000
  • Originally listed in July 2008 for $1.499 million
  • Doesn’t appear to have ever sold
  • Bank owned in either 2009 or 2016
  • Listed by the bank in August 2016 for $999,900
  • Sold in November 2016 for $867,000
  • Originally listed in June 2017 for $1.299 million
  • Still listed for $1.299 million
  • Taxes of $18,598
  • Central Air
  • 3-car garage
  • 2 wood burning fireplaces
  • Bedroom #1: 21×15 (second floor)
  • Bedroom #2: 12×12 (second floor)
  • Bedroom #3: 11×14 (second floor)
  • Bedroom #4: 19×14 (second floor)
  • Bedroom #5: 13×11 (lower level)- travertine flooring
  • Theater room: 19×16 (lower level)
  • Great room: 20×31 (lower level)
  • Family room: 21×15 (main level)

Get a 4-Bedroom Restored 1885 Gold Coast Mansion for Under $2.4 Million: 1404 N. LaSalle

1404 n lasalle

This 4-bedroom single family home at 1404 N. LaSalle in the Gold Coast/Old Town came on the market in May 2017.

Built in 1885, this limestone home is on a 20×99 lot yet still manages to have 3-car parking with a car turntable.

There are 5 fireplaces including an original one in the restored dining room which also has inlay patterned wood floors and a vintage chandelier.

The listing says the kitchen is a custom “chef’s kitchen” with Viking appliances, wet bar, an expansive marble island and an attached sun room which leads to a Trex deck.

Two bedrooms are on the second floor and both are en suite.

The master bedroom is on the third floor with tray ceilings, a spa bath and a cedar rooftop deck with a hot tub and outdoor fireplace.

The fourth bedroom is in the lower level along with a full bath and the family room.

The listing says the house is a “smart home” and has new lighting, wiring, plumbing, and surround sound.

It also says its in the Ogden and Lincoln Park High School school districts.

The house has been reduced $310,000 to $2,349,000.

LaSalle Drive in the Gold Coast/Old Town area is often overlooked by buyers.

Is this house a deal compared to new construction?

Steve McEwen at Coldwell Banker has the listing. See the pictures here.

1404 N. LaSalle Drive: 4 bedrooms, 4.5 baths, 5802 square feet

  • Sold in October 1997 for $297,500
  • Originally listed in May 2017 for $2,659,000
  • Reduced
  • Currently listed for $2,349,000
  • Taxes of $19,656
  • Central Air
  • 3-car garage parking with turntable
  • 5 fireplaces
  • Bedroom #1: 16×19 (third floor)
  • Bedroom #2: 15×19 (second floor)
  • Bedroom #3: 12×21 (second floor)
  • Bedroom #4: 12×19 (lower level)
  • Library: 14×15 (second floor)
  • Recreation Room: 16×30 (lower level)
  • Deck: 15×27 (third floor)

A Vintage 3-Bedroom With All the Modern Amenities: 517 W. Roscoe in East Lakeview

517 w roscoe #2

This 3-bedroom second floor unit at 517 W. Roscoe in East Lakeview came on the market in June 2017.

This complex was built in 1925 and has 9 units and rare garage parking behind the building.

It is larger than many single family homes at 2850 square feet and has vintage features such as an entry gallery that is 18 feet long and crown molding.

There’s a sun room that overlooks the tree tops, and a dining room.

All 3 bedrooms have bathrooms.

The kitchen has white cabinets and white appliances with what looks like granite counter tops.

There’s also an attached breakfast room.

The listing says there are “newer windows.”

Along with the garage parking, the unit includes the features of more modern buildings such as a washer/dryer in the unit and space pac cooling.

The listing says the unit is in the Nettlehorst school district.

Is this the ideal East Lakeview family home?

517 w roscoe #1

Brad Lippitz at BerkshireHathaway KoenigRubloff has the listing. See the pictures here.

Unit #2W: 3 bedrooms, 3 baths, 2850 square feet

  • Sold in December 1987 for $209,000
  • Sold in October 1991 for $250,000
  • Sold in July 1996 for $260,000
  • Sold in October 2001 for $550,000
  • Originally listed in June 2017 for $765,000
  • Reduced
  • Currently listed for $725,000
  • Assessments of $691 a month (includes heat, exterior maintenance, lawn care, scavenger and snow removal)
  • Taxes of $9697
  • Space pac cooling
  • Washer/dryer in the unit
  • Garage parking included
  • Fireplace
  • Bedroom #1: 16×12
  • Bedroom #2: 12×16
  • Bedroom #3: 14×16
  • Sunroom: 14×9
  • Breakfast room: 9×13
  • Gallery: 8×18

 

 

The $1 Million Condo at Buckingham and Halsted: 744 W. Buckingham in Lakeview

744 w buckingham

This 3-bedroom new construction condo at 744 W. Buckingham in Lakeview came on the market in March 2017.

It’s a 4-unit all-brick building with garage parking that was built by Ronan Builders.

The lot is 32.5 x 133.

This is a top floor unit with its own 69×28 private roof deck.

The unit has all the features and finishes you would expect out of 2017 new construction.

There is a custom trim/molding package.

The kitchen has custom cabinets, quartz or granite counter tops, and luxury appliances by Subzero, Bosch, Wolf and Kohler.

The bathrooms have Grohe, Kohler and Ann Sacks Tile Work.

Originally priced last March at $1,099,000, it has been reduced $94,000 to $1.05 million.

Is $1 million the new reality for new construction penthouse condos in East Lakeview?

Felicia Marinescu at Mod Realty has the listing. See the pictures here.

Unit #4: 3 bedrooms, 2.5 baths, 1900 square feet

  • New construction
  • Originally listed in March 2017 for $1,099,000
  • Reduced
  • Currently listed at $1.05 million
  • Assessments of $299 a month (includes electric, exterior maintenance, lawn care, scavenger, and snow removal)
  • Taxes are “new”
  • Central Air
  • Washer/Dryer in the unit
  • Bedroom #1: 15×14
  • Bedroom #2: 11×11
  • Bedroom #3: 11×11
  • Private deck: 69×28

 

Is This Your Dream River North Terrace? A 1-Bedroom at 100 E. Huron

100 e huron

This 1-bedroom in 100 E. Huron in River North just came on the market.

The building was constructed in 1991 and has commercial space on the first 10 floors as well as a rental parking garage.

The listing says this unit was “just renovated.”

It has custom oak floors throughout and crown molding.

The kitchen is “completely new” and has been opened to the living and dining rooms.

It has white cabinets, stainless steel appliances and white counter tops along with a breakfast bar.

There are French doors to the master bedroom where it also has a master bath that has also been renovated.

The unit also has a half bath.

It has upscale appliances by Bosch, FisherPaykel and Toto.

But the real selling point of this unit is the private 385 square foot west-facing terrace.

It is landscaped and has what looks to be wood decking, which even the building’s own terrace doesn’t have. It has plain concrete.

I believe there are only 2 terraces on this level and a few on one of the upper levels so outdoor space is rare in this building.

This unit has sold since 1993, which means it’s been 24 years since you could live here.

Will this be under contract today?

Helen Jaeger Roth at BerkshireHathaway KoenigRubloff has the listing. See the pictures here.

Unit #1107: 1 bedroom, 1.5 baths, 1045 square feet

  • Sold in January 1991 for $186,000
  • Sold in November 1993 for $258,000
  • Currently listed for $615,000
  • Assessments of $673 a month (includes heat, a/c, doorman, exercise room, pool, scavenger, cable)
  • Taxes of $6055
  • Parking is rental in the building
  • Central Air
  • Washer/Dryer in the unit
  • Bedroom: 12×17
  • Terrace: 10×38

 

Get a 3-Bedroom Townhouse in Lakeview for Under $450,000: 3900 N. Fremont

3900 n fremont complex

This 3-bedroom townhouse at 3900 N. Fremont in Lakeview came on the market in June 2017.

This complex was built in 1994 and has 21 units and garage parking.

This townhouse is 3 stories but just 1508 square feet.

The listing says it has gotten a new roof, carpeting and paint in 2017.

It also says there were new windows and doors installed in 2014.

The kitchen has maple cabinets, granite counter tops and stainless steel appliances.

Two of the bedrooms are on the second floor and the third, along with a den, are on the third floor.

There’s a 15×11 front terrace as well as an ADT security system.

It’s just a block from the Sheridan Red Line stop and 3 blocks north of Wrigley Field.

Three bedroom townhouses at this price in Lakeview are rare.

Why isn’t this selling?

3900 n fremont

Christine Welch at Baird & Warner has the listing. See the pictures here.

Unit #I: 3 bedrooms, 2 baths, 1508 square feet

  • Sold in April 1994 for $205,500
  • Sold in July 1997 for $257,000
  • Sold in September 2000 for $330,000
  • Sold in March 2007 for $435,000
  • Originally listed in June 2017 for $450,000
  • Reduced
  • Currently listed at $445,000 (includes parking)
  • Assessments of $150 a month (includes exterior maintenance, lawn care, scavenger and snow removal)
  • Taxes of $7885
  • Central Air
  • Bedroom #1: 15×11 (third floor)
  • Bedroom #2: 12×11 (second floor)
  • Bedroom #3: 12×9 (second floor)
  • Den: 15×8 (third floor)
  • Deck: 15×11

Get a 4-Bedroom East Lakeview Townhouse for Under $750,000: 3631 N. Pine Grove

3631 n pine grove

This 4-bedroom townhouse at 3631 N. Pine Grove in East Lakeview just came on the market.

This was built in 1978 and has 6 townhomes along with secure gated outdoor parking.

The listing says it has been renovated with oak floors, recessed lighting, solid core wood doors, wood baseboards and 2 HVAC units.

This townhouse has the floor plan buyers look for with townhouses.

3 out of the 4 bedrooms are on the second level, including the master bedroom which has its own bathroom with limestone counter tops and a marble shower.

The second and third bedrooms have skylights, instead of windows, and there is a second bathroom on the floor with a marble shower with a rain shower head.

The fourth bedroom is in the lower level where there is also a full bathroom.

There is a gas fireplace separating the living and dining rooms on the first floor and also in the lower level separating the family room and the fourth bedroom.

The lower level also has storage and a laundry room.

The kitchen has what looks like gray and black cabinets and luxury appliances including a Subzero refrigerator, a Viking stove and a Bosch dishwasher.

There’s also a half bath on the first floor, which means that there is a bathroom on every floor. That’s not common in most townhouse layouts.

The townhouse also has an outdoor patio in the front of the house measuring about 10×7.

Is this a better deal for the square footage and location, about a block from the lake, than a new construction duplex down?

Carole Cousin at @Properties has the listing. See the pictures here.

Unit #D: 4 bedrooms, 3.5 baths, 2700 square feet

  • Sold in September 2002 for $429,000
  • Currently listed for $749,900
  • Assessments of $268 a month (includes scavenger, snow removal)
  • Taxes of $7562
  • Central Air
  • Secure gated parking included
  • Bedroom #1: 17×13 (second floor)
  • Bedroom #2: 14×13 (second floor)
  • Bedroom #3: 12×12 (second floor)
  • Bedroom #4: 14×12 (lower level)
  • Family room: 19×11 (lower level)
  • Laundry room: 12×11 (lower level)
  • Patio: 10×7

 

Do You Get More for Your Money in a 1970s High Rise? 1313 N. Ritchie in the Gold Coast

1313 n ritchie

This 2-bedroom at 1313 N. Ritchie Ct in the Gold Coast recently came on the market.

This building was constructed in 1973 and has 143 units and a parking garage.

It’s a full amenity building with a doorman, exercise room and outdoor pool.

This is a corner unit which faces west.

It has hardwoods throughout and crown molding.

The kitchen is open to the living/dining room and has white cabinets, white appliances and granite counter tops along with a breakfast bar.

The second bedroom has French doors.

The listing says there are new heating/air conditioning units throughout the unit.

It has the features that buyers look for including washer/dryer in the unit and deeded parking is available for $55,000 extra.

The property also has a terrace with east, west and south views.

The 1970s buildings were routinely built with larger floor plans than what you’d see today. This unit is 1300 square feet, much larger than the 1100-1200 for a newer construction 2/2.

Can a 1970s high rise be a better deal than new construction?

Kimberly Gleeson at Baird & Warner has the listing. See the pictures here.

Unit #1401: 2 bedrooms, 2 baths, 1300 square feet

  • Sold in September 1996 for $296,500
  • Sold in April 2000 for $350,000
  • Sold in June 2004 for $399,000 (included the parking)
  • Currently listed at $490,000 (plus $55,000 for parking)
  • Assessments of $835 a month (includes doorman, cable, Internet, exercise room, outdoor pool, exterior maintenance, lawn care, scavenger and snow removal)
  • Taxes of $9417
  • No central air- but has wall units
  • Washer/dryer in the unit
  • Bedroom #1: 11×18
  • Bedroom #2: 11×13
  • Balcony: 8×7

7 Years Later, Mosaic Tiled Bathrooms Returns: 100 E. Huron in River North

100 e huron

This 2-bedroom corner unit in Chicago Place at 100 E. Huron in River North just came on the market.

Chicago Place was built in 1991 and has 204 units, rental parking in the building and commercial space in the base that used to be a shopping mall.

Thanks to the long-time reader who tipped me off that this unit had come back on the market, because we chattered about it the last time it was on the market in 2010.

It’s memorable.

All three bathrooms have unique tiled bathrooms, including flowers in one and paisley in the half bath.

The current listing only has pictures of one of the three bathrooms so it’s unclear if all three still look the same.

But you can see what the bathrooms looked like in 2010 here.

You can also read our prior chatter here where many of you were fans of the mosaic bathrooms, including the paisley tiled one.

If you recall, the unit is a southeast corner unit.

The kitchen has modern cabinets, stainless steel appliances and what looks like granite counter tops.

The living/dining and kitchen have granite floors while the bedrooms have walnut wood floors.

There’s now a custom wall unit in the living room.

It has all the features buyers look for including central air and washer/dryer in the unit. It has leased parking.

Will the unique mosaic baths attract buyers looking for something different?

Janet Jasmer at @Properties has the listing. See the pictures here.

Unit #1305: 2 bedrooms, 2.5 baths, 1515 square feet

  • Sold in December 1996 for $310,000
  • Was listed in February 2010 for $599,000
  • Sold in June 2010 for $520,000
  • Currently listed for $639,900
  • Assessments $1030 a month (they were $970 a month in Feb 2010) (includes heat, air conditioning, cable, doorman, indoor pool, exercise room, exterior maintenance, snow removal)
  • Taxes are now $8251 (they were also $8251 in 2010???)
  • Parking is valet/rental at $240 to $340 a month
  • Central Air
  • Washer/Dryer in the unit
  • Bedroom #1: 15×14
  • Bedroom #2: 15×12
  • Kitchen: 12×10

Want New in Streeterville? A Rehabbed 2-Bedroom at 211 E. Ohio

211 e ohio

This 2-bedroom in the Grand Ohio at 211 E. Ohio in Streeterville just came on the market.

The Grand Ohio was built in 1984 as apartments. It’s a full amenity building with 595 units, an indoor pool, a basketball court, tennis courts and an exercise room along with a parking garage.

It was converted into condos in 1999.

Most of the units don’t have washer/dryer in the unit, although there is a unique loft floor on the 5th floor that has them in the unit and a smattering of other units have it.

Apparently, the building now also allows you to put an all-in-one in (the washer/dryer combo).

This unit has had a “custom rehab” and now has light grey wood laminate flooring, contemporary lighting and custom closets.

The kitchen has quartz counter tops, Whirlpool stainless steel appliances, glass and Carrara marble backsplash and under-cabinet lighting.

The bathrooms have Carrara marble countertops and vessel sinks.

There’s a custom shoe closet and wardrobe lighting in the master bedroom.

It has wall unit cooling, rare washer/dryer in the unit and parking is $29,000 extra.

At $453,000 (including the parking) in a prime Streeterville location near restaurants, shops and the Mag Mile, is this a deal?

Shruti Srivastava at Coldwell Banker has the listing. See the pictures here.

Unit #618: 2 bedrooms, 2 baths, no square footage listed

  • Sold in September 2000 for $250,500
  • Sold in April 2002 for $252,000
  • Sold in July 2005 for $300,000
  • Sold in August 2009 for $303,000
  • Currently listed for $424,000 (parking is $29,000 extra)
  • Assessments of $635 a month (includes doorman, cable, Internet, exercise room, indoor pool, exterior maintenance, scavenger, snow removal)
  • Taxes of $4450
  • No central air- wall units only
  • Washer/dryer in the unit
  • Bedroom #1: 11×13
  • Bedroom #2: 10×11
  • Living room: 17×16
  • Kitchen: 9×10
  • Laundry: 6×4