A Vintage Row House With a Rare In-Law Unit: 121 W. Delaware Place in the Gold Coast

121 w delaware

This 4-bedroom vintage row house at 121 W. Delaware in the Gold Coast came on the market in September 2017.

Built in 1881, it is on a 21×52 lot.

The row house has many vintage features including 11’5″ ceilings on the first floor, hardwood floors, 4 fireplaces, including in the living room and the dining room, crown moldings, ceiling medallions and what looks like stained glass in some of the doors.

There’s a chef kitchen with white cabinets, stainless steel appliances and granite counter tops.

The listing says the dining area leads to a balcony for grilling (but doesn’t show the pictures of it.)

The master suite is on the second floor with closets, the master bathroom a study and an enclosed south-facing porch where the listing says you can have morning coffee (but, again, the pictures don’t actually show this room which is too bad because I want to see what that looks like.)

Two other bedrooms are on the third floor along with the laundry and a second kitchen, which enables you to bring food up to the private rooftop deck.

The rooftop deck has city views, irrigated flower and garden planters and a gazebo.

If you’re looking for an in-law unit or an apartment for a nanny, the lower level has a walk-out apartment with a separate entrance with 1-bedroom and bath along with a living room and dining space and its own kitchen.

The house has central air and while it doesn’t have parking, the listing says there are 3 deeded indoor garage parking spaces “nearby” included.

Is this the ideal set-up for those looking for an in-law unit but who also want the vintage flavor?

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

121 W. Delaware Place: 4 bedrooms, 3.5 baths, 3927 square feet

  • Hasn’t sold since 1988
  • Originally listed in September 2017 for $1.875 million
  • Currently still listed for $1.875 million
  • Taxes of $26,895
  • Central Air
  • 4 Fireplaces
  • 3 deeded indoor garage spaces included nearby
  • Bedroom #1: 13×16 (second floor)
  • Bedroom #2: 13×15 (third floor)
  • Bedroom #3: 12×13 (third floor)
  • Bedroom #4: 12×14 (basement)
  • Study: 7×11 (second floor)
  • Enclosed porch: 6×12 (second floor)
  • Second kitchen: 9×12 (third floor)

Are the Views Better on the South Side? 1201 S. Prairie in Museum Park

1201 s prairie

This 2-bedroom in The Grant at 1201 S. Prairie in the Museum Park neighborhood of the South Loop came on the market in September 2017.

Built in 2008, The Grant has 298 units and is a full amenity building with an indoor pool, gym and parking garage.

Some of you may recall that this building was one of three high rises that went bust in the Museum Park development during the Great Recession.

Related Midwest was brought in to renovate and sell the remaining units, which they did as the condo market improved from 2013 to 2015.

This unit has south and east city views from floor to ceiling windows on the 29th floor.

The kitchen is one of the kitchens that Related renovated using Snaidero modern gray and white cabinets, quartz counter tops and Subzero and Wolf appliances.

There’s a master suite with an organized closet and spa-like en suite bath with dual vanities.

The listing also describes a 8×6 den/office which is in what looks like a hallway off the kitchen.

This building is next to the One Museum Park high rise (on the east side) but it’s also next to the under construction mega-tower apartment building that will be at the corner of Michigan and Roosevelt Road (on the west side).

This unit was listed for $750,000 in September 2017 and was reduced to $700,000 plus $40,000 for parking.

If you love high rise views, is this unit a deal?

Leigh Marcus at @Properties has the listing. See the pictures here.

Unit #2905: 2 bedrooms, 2 baths, 1639 square feet

  • Sold in February 2014 for $689,000 (included the parking)
  • Originally listed in September 2017 for $750,000 (not sure if it included the parking)
  • Reduced
  • Currently listed for $700,000 (plus $40,000 for parking)
  • Assessments of $654 a month (includes doorman, cable, exterior maintenance, scavenger, snow removal, concierge, indoor pool, gym, sundeck, lounge with pool table, playroom, theater, dog run and grooming room)
  • Taxes of $11344
  • Central Air
  • Washer/Dryer in the unit
  • Bedroom #1: 14×13
  • Bedroom #2: 12×11
  • Den: 8×6

 

 

 

 

Is There Value in Older Condo Buildings? A 3-Bedroom at 55 W. Delaware in the Gold Coast

55 w delaware

This 3-bedroom in the Park Newberry at 55 W. Delaware in the Gold Coast came onto the market in September 2017.

This building was constructed in 1998 and has 182 units and a garage.

It’s a full service building with a doorman and an exercise room.

This is a southeast corner unit with wide plank custom hardwood floors.

The living room has a fireplace with a stone surround accent wall and a balcony.

The listing says the kitchen is “newly renovated” with 42″ custom cabinets, granite counter tops, stainless steel appliances, and a built-in breakfast table.

There’s a master suite with 2 custom closets, a marble bath, with heated floors and a steam shower.

There’s central air, in-unit washer/dryer and the garage parking is $55,000 extra.

When this building was first constructed, this was a more “fringe” area of the Gold Coast. But in recent years, a half dozen luxury condo buildings, including the soon to be completed No 9 Walton, have been built nearby.

This unit was originally listed for $1.145 million in September 2017 and has been reduced to $1.1 million, if you include the parking.

Is this unit a deal compared to the price points in nearby building like 30 W. Oak, No 9 Walton, the Elysian and 10 E. Delaware where the 3-bedroom units are all priced much higher?

Bari Levine at @Properties has the listing. See the pictures here.

Unit #606: 3 bedrooms, 2.5 baths, 2297 square feet

  • Sold in July 1998 for $408,000 (included the parking)
  • Originally listed in September 2017 for $1.145 million
  • Reduced
  • Currently listed for $1.045 million (plus $55,000 for parking)
  • Assessments of $1125 a month (includes heat, a/c, gas, doorman, cable, exercise room, exterior maintenance, lawn care, scavenger, snow removal)
  • Taxes of $14,294
  • Central Air
  • Washer/Dryer in the unit
  • Fireplace
  • Bedroom #1: 18×14
  • Bedroom #2: 15×11
  • Bedroom #3: 14×14
  • Family room: 13×10

Dreaming of a Rooftop Deck With a Waterfall and Fire Pits? 837 W. Newport in Lakeview

837 w newport

This top floor 2-bedroom at 837 W. Newport in Lakeview came on the market in May 2017.

This 3-unit building was a 2007-2008 gut rehab of a vintage building.

It has luxury finishes including dark stained hardwood floors and wainscoting.

The kitchen has 42″ dark stained cabinets, stainless steel Viking appliances and granite counter tops.

The master suite has a shower with rain, steam and body sprays.

There’s a deck at the back of the unit, which has the preferred layout of access without having to go through the master bedroom to get there.

There’s also a staircase to the second floor which has a den or a bonus space with a wet bar as well as a fully customized rooftop deck with fire pits, a waterfall, speakers, lighting, and several custom seating areas.

The unit has central air, washer/dryer in the unit and 1-car garage parking.

This property came on the market in May 2017 for $779,000 and has been reduced $80,000 to $699,000.

It is also available for rent, listed in September 2017 for $4300 a month but reduced to $3950 a month.

This unit has been listed for sale for 7 months.

With inventory at record lows, why isn’t this selling?

Christopher Mulka at @Properties has the listing. See the pictures and floor plan here.

Unit #3: 2 bedrooms, 2 baths, 1900 square feet

  • Sold in March 2008 for $672,500
  • Sold in July 2010 for $630,000
  • Originally listed in May 2017 for $779,000
  • Reduced
  • Currently listed for $699,000
  • OR you can rent it
  • Originally listed for rent in September 2017 for $4300 a month
  • Reduced
  • Currently listed for $3950 a month
  • Assessments of $180 a month (includes exterior maintenance)
  • Taxes of $10,987
  • Central Air
  • Washer/Dryer in the unit
  • Garage parking included
  • Wet bar
  • Private rooftop deck
  • Fire pits/waterfall on the rooftop deck
  • Bedroom #1: 14×14 (first floor)
  • Bedroom #2: 11×11 (first floor)
  • Bonus room/den: 11×20 (second floor)

9 Months on the Market for this Lincoln Park 2-Bedroom: 1300 W. Altgeld

1300 w altgeld #2

This 2-bedroom in Altgeld Court at 1300 W. Altgeld in Lincoln Park first came on the market in March 2017.

Converted into condos in 1991, it has 44 units and gated, outdoor parking.

This building is kind of a hybrid loft/condo mix.

The unit has high, industrial style ceilings with floor to ceiling windows, and some exposed brick.

The listing says this is a rare end unit with east, south and west exposures.

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

There’s a marble master bathroom.

I can’t tell from the pictures if there are windows in either bedroom. There are only pictures of one of the bedrooms and there are no windows shown in that shot.

There’s a second private entrance which leads to a 250 square foot private patio.

It has central air, washer/dryer in the unit and rare 2-car parking, which is gated.

This unit was listed in March 2017 for $579,000 and has been reduced $40,000 to $539,000 but still hasn’t sold.

With inventory near all time lows, why isn’t this selling?

Michelle Lezotte at @Properties has the listing. See the pictures here.

Unit #115: 2 bedrooms, 2.5 baths, no square footage listed

  • Sold in October 1991 for $191,000
  • Sold in June 1996 for $225,000
  • Sold in April 2000 for $325,000
  • Sold in September 2005 for $470,000
  • Originally listed in March 2017 for $579,000
  • Reduced
  • Currently listed at $539,000 (includes 2-car gated parking)
  • Assessments of $383 a month (includes exterior maintenance and scavenger)
  • Taxes of $7191
  • Central Air
  • Washer/dryer in the unit
  • Bedroom #1: 15×12
  • Bedroom #2: 12×11

 

A Rare 4-Bedroom Condo in the Heart of the Gold Coast: 1411 N. State Parkway

1411 n state parkway

This 4-bedroom at 1411 N. State Parkway in the Gold Coast came on the market in March 2017.

This 13 unit vintage mid-rise building is unique in the Gold Coast because it has an elevator.

This unit has a formal entry way, built-ins, crown molding and a wood burning fireplace.

There’s a gallery hallway.

The kitchen is “new” and has white custom cabinets, eat-in space and top end stainless steel appliances.

It has the much sought after 4 bedrooms with a master suite that has a bath and a separate sitting room.

There’s outdoor space in the form of a 15×6 terrace that overlooks State Parkway.

The unit has the other features buyers look for including parking, a real laundry room and space pak cooling.

The building doesn’t have a doorman but it does have a live-in engineer.

Listed in March 2017 for $1.825 million, it has been reduced $60,000 to $1.765 million.

4-bedroom condos are hard to find, especially with all the other features like parking.

This unit has been on the market 9 months now.

Even though overall inventory is at multi-year lows, are there too many luxury properties on the market?

Emily Sachs Wong from @Properties has the listing. See the pictures here.

Unit #2N: 4 bedrooms, 3 baths, 2700 square feet

  • Sold in March 1996 for $915,000
  • Sold in June 2013 for $1.35 million
  • Originally listed in March 2017 for $1.825 million
  • Reduced
  • Currently listed at $1.765 million (includes one parking space)
  • Assessments of $1959 a month (includes exterior maintenance, lawn care, scavenger, snow removal)
  • Taxes of $21,006
  • Space pak cooling
  • Washer/dryer in the unit
  • Wood burning fireplace
  • Elevator building
  • Bedroom #1: 17×15
  • Bedroom #2: 14×13
  • Bedroom #3: 14×11
  • Bedroom #4: 14×12
  • Sitting room: 13×11
  • Laundry room: 11×7
  • Terrace: 15×6

 

A Renovated Vintage 3-Bedroom With Park and Lake Views: 399 W. Fullerton in Lincoln Park

399 w fullerton approved

This 3-bedroom at 399 W. Fullerton Parkway in Lincoln Park came on the market in February 2017.

This building was constructed in 1927 and has just 32 units along with valet parking.

The listing says this 3-bedroom has been renovated.

It has herringbone hardwood floors in all the living and bedroom spaces.

There are vintage features including moldings, arched doorways and there’s a custom fireplace in the living room.

The kitchen has custom white cabinets, stainless steel counter tops, luxury appliances and heated Belgian limestone floors with an adjacent breakfast room and a butler’s pantry.

There’s a master suite with a spa bath that has a towel warmer.

And if you like custom closets, then check out the room-sized closet in the master suite.

The other two bedrooms also have en suite baths.

There’s a den and a half bath.

The unit appears to have space pak cooling. It also has a side-by-side washer/dryer in a 6×4 laundry room.

In addition to the valet parking, there’s also a gym and full staff.

This is a co-op but it’s unclear from the public listing if the taxes are included in the HOA.

Originally listed for $2.2 million, it has been reduced $450,000 to $1.75 million.

Buyers love move-in ready properties.

Why isn’t this selling?

Emily Sachs Wong at @Properties has the listing. See the pictures here.

Unit #11E: 3 bedrooms, 3.5 baths, 3300 square feet, co-op

  • No prior selling price since it’s a co-op
  • Originally listed in February 2017 for $2.2 million
  • Reduced
  • Currently listed for $1.75 million
  • Assessments of $2973 a month (includes heat, a/c, gas, doorman, cable, exterior maintenance, lawn care, scavenger, snow removal)
  • Taxes are $10,464 (included in monthly fee or not?)
  • Central air- but looks to be space pak
  • 1 car parking included (valet)
  • Washer/dryer in the unit
  • Fireplace
  • Bedroom #1: 20×13
  • Bedroom #2: 13×12
  • Bedroom #3: 11×10
  • Laundry room: 6×4
  • Den: 18×11
  • Walk-in closet: 19×10

Reductions on New Construction Luxury Lofts in the Loop: 223 W. Lake

223 w lake front door

These 8 new construction luxury lofts at 223 W. Lake in the Loop came on the market in June 2017.

We last chattered about them in July.

You can read our chatter here.

If you recall, this building was constructed in 1895.

These units have all the features that loft lovers look for including tall reclaimed wood ceilings, exposed brick walls and iron and glass double paned window as the El line runs right in front of the building.

These lofts are all 3 bedroom, 3.5 baths. There are 2 units per floor, one facing north (towards the El) and one facing south (towards office buildings).

The 2 penthouse units each have private rooftop terraces.

They have chef kitchens with white modern cabinets and stainless steel appliances.

The bathrooms are also in the modern style.

There are light wood floors throughout.

From pictures and the 3D tours, it appears that each of the bedrooms have windows, although it looks like they are all frosted for privacy.

Each loft has a private elevator entry. The building has a heated garage but no doorman.

This block of Lake contains several historic brick buildings, including one with a Chipotle on the first floor, as well as Monk’s Pub, one of the oldest restaurants in the loop.

223 w lake monks pub

It appears none of these lofts have sold.

But recently 5 of the 8 lofts saw price reductions  including the following:

  • Unit #4S: Originally $1.86 million but now reduced 10% to $1.674 million
  • Unit #3S: Originally 1.86 million but now reduced 10% to $1.674 million
  • Unit #3N: Originally $1,472,500 but now reduced 5% to $1.55 million
  • Unit #2S: Originally $1.7 million but now reduced 10% to $1.53 million
  • Unit #2N: Originally $1.48 million but now reduced 5% to $1,406,000

Neither of the penthouses nor #4N have been reduced.

  • Unit #PHN: Still $2.34 million
  • Unit #PHS: Still $2.34 million
  • Unit #4N: Still $1.82 million

By Thanksgiving, the market will be in holiday/winter mode where sales slow.

Will these price reductions get the job done before 2018?

223 w lake building

Helaine Cohen at Berkshire Hathaway KoenigRubloff is still handling all the listings. You can see pictures of the penthouse here.

Or you can see the 3D tour with floor plan here.

PH-N: 3 bedrooms, 3.5 baths, 2718 square feet

  • New construction
  • Originally listed in June 2017 for $2.34 million
  • Currently still listed at $2.34 million
  • Assessments of $679 a month (includes heat, A/C, scavenger, exterior maintenance and snow removal)
  • Taxes are “new”
  • 1 car heated garage included
  • Bedroom #1: 36×14
  • Bedroom #2: 26×14
  • Bedroom #3: 26×10
  • Rooftop Deck: 35×19

Rare Chance to Build “New” in East Lincoln Park: 2106 N. Hudson

2106 n hudson

This single family home at 2106 N. Hudson in East Lincoln Park recently came on the market (sorry about the bad picture).

Some might remember it if looking in Lincoln Park, as it was also listed early in 2017 and sold a month later, in February.

Built in 1886, it appears to have some kind of landmark designation.

From the prior listing, which called it a “writer’s cottage”:

“R5 zoning allows for SFH or multi-unit construction of over 6,000sf above grade. Landmarked facade eligible for property tax reduction w/ 8yr tax freeze to someone willing to invest at least $35,000 into the home. A tremendous opportunity for the right owner occupant or investor or developer to consider.”

It is on a 25×135 lot.

The current listing says “create your dream East Lincoln Park home.”

There are no interior pictures with the listing.

After being owned by the same family since 1993, it was listed in January 2017 for $799,900 and sold in February 2017 for $860,000.

It has now come back on the market for $1.2 million.

Are East Lincoln Park historic lots this hot that it can command this price increase less than a year later?

Emily Sachs Wong at @Properties has the listing. See the one picture here.

2106 N. Hudson: listing says 5/3.5 bath, 5000 square foot house could be built here

  • Owned by same owner since 1993
  • Listed in January 2017 for $799,900
  • Sold in February 2017 for $860,000
  • Currently listed for $1.2 million
  • Taxes are $13,381
  • 25×135 lot

$1 Million for This New Construction 3-Bedroom Condo at Diversey and Lincoln in Lakeview: 2800 N. Lincoln

2800 n lincoln

This 3-bedroom penthouse at 2800 N. Lincoln in Lakeview recently came on the market.

This is a new construction building by Noah Properties on what used to be a parking lot.

It’s on the corner of the 3 street intersection at Diversey, Racine and Lincoln in South Lakeview. Across the street is a Gino’s East pizzeria.

This is a 7 unit building, with 6 residential units and 1 commercial unit on the first floor, along with an indoor garage.

Each unit is a single floor 3-bedroom, 2 bath unit.

There’s an elevator with private entry into each unit.

This penthouse is 2100 square feet and also has a private rooftop deck with a wet bar and beverage cooler with 360 degree views of the city as the building just clears the buildings to the south.

The listing also says you can take the elevator directly from the garage up to the rooftop deck. I’m assuming that means there is no interior staircase to get up there. You have to hop into the elevator to get to the rooftop deck.

The developer has built a model unit, which has dark wide plank wood floors throughout along with floor to ceiling windows.

The kitchen has white modern cabinets and stone counter tops.

The master bath has a steam shower and body sprays along with heated floors.

The unit has a laundry room and a covered front terrace, measuring 19×13.

3 out of the 6 units are already under contract:

  • #4N: $1,009,900 under contract
  • #4S: $999,900
  • #3N: $959,900
  • #3S: $949,900
  • #2N: $909,900 under contract
  • #2S: $899,900 under contract

This building is in the Agassiz Elementary school district.

Is Lakeview now a neighborhood where only luxury housing will be built going forward?

And who is the target buyer of these units?

Melissa Govedarica at Sergio & Banks has the listing. See the pictures here.

Unit #4S: 3 bedrooms, 2 baths, 2100 square feet, penthouse

  • New construction
  • Currently listed for $999,900 (includes garage parking)
  • Assessments aren’t listed
  • Taxes are “new”
  • Bedroom #1: 14×13
  • Bedroom #2: 12×11
  • Bedroom #3: 13×12
  • Laundry room: 8×6
  • Utility room: 4×3
  • Terrace: 19×13
  • Balcony off master bedroom: 12×5
  • Rooftop deck: 35×17