A Unique Single Family Home-Like Penthouse in Printers Row: 714 S. Dearborn

720 s dearborn approved

This penthouse unit in the Rowe Building at 714 S. Dearborn in Printers Row just came on the market.

I don’t have a picture of this building but you can see it in the picture above on the right of 720 S. Dearborn with the outdoor fire escape.

The Rowe Building was built in 1891 and has 9 units.

While it is the top floor unit, it looks, and acts, more like a single family home as it was built on top of the existing brick loft building.

The 2-story unit has east, west and north exposures.

It has 4 outdoor spaces including a 400 square foot terrace. The listing says the decking has been removed to replace the roof.

The kitchen has wood cabinets and stainless steel appliances.

It has a second floor family room.

This duplex has central air and an in-unit washer/dryer (you can see it in the bedroom closet picture.)

There’s no parking with this building but you can rent a space for $210 a month at 711 S. Plymouth or you can purchase a space at 801 S. Plymouth for between $35,000 to $70,000.

This unit hasn’t changed hands in 16 years.

Is this a once-in-a-generation chance to get this unique property?

Thomas Feddor at Dearborn Street Realty has the listing. See the pictures and 3D tour here.

Unit #9-PH: 3 bedrooms, 2.5 baths, 2400 square feet, duplex

  • Sold in June 1991 for $392,000
  • Sold in October 2001 for $615,000
  • Currently listed for $1.25 million
  • Assessments of $950 a month (includes exterior maintenance, scavenger, snow removal)
  • Taxes of $9500
  • Central Air
  • Washer/Dryer in the unit
  • No parking
  • Can rent it nearby for $210 a month or buy at 801 S. Plymouth for $35,000 to $70,000
  • Bedroom #1: 15×14 (second floor)
  • Bedroom #2: 22×14 (second floor)
  • Bedroom #3: 22×14 (main floor)
  • Family room: 35×12

What Are Buyers Willing to Pay for that High Rise 2/2? 501 N. Clinton in West Town

501 n clinton

This 2-bedroom at the Kinzie Park Tower at 501 N. Clinton in West Town came on the market in September 2016.

This building was constructed in 2000 and has 208 units.

It is part of Kinzie Station, which also has townhouses.

At the time this development was built, this was no-man’s land west of the river. Now, the city has boomed all around it.

The listing says it’s a “current renovation” with 3/4″ dark oak flooring in the living/dining areas.

The kitchen has white cabinets, quartz countertops and stainless steel appliances.

The unit has views of the Loop high rises.

It has the features buyers look for including central air, washer/dryer in the unit and parking is available for $35,000.

Originally listed at $625,000 in September (I’m not sure if that included the parking), it has come back on the market in 2017 for $595,000 plus $35,000 for parking. That means it’s now listed for $630,000, which is $5,000 more than in 2016.

At 1285 square feet, is $600,000+ for a 2/2 in a 17 year old high rise the new Green Zone reality?

Harold Blum at Berkshire Hathaway KoenigRubloff has the listing. See the pictures here.

Or you can go to the Open House on Sunday, January 22 from 12 to 3 PM.

Unit #1904: 2 bedrooms, 2 baths, 1285 square feet

  • Sold in March 2001 for $311,000 (no parking listed)
  • Sold in May 2003 for $385,000 (included the parking)
  • Sold in September 2009 for $435,000 (included the parking)
  • Originally listed in September 2016 for $625,000 (not sure if it included the parking)
  • Withdrawn
  • Re-listed for $595,000 (plus $35,000 for parking) = $630,000
  • Assessments of $802 a month (includes heat, a/c, doorman, internet, cable, exercise room, pool, exterior maintenance, lawn care, scavenger and snow removal)
  • Taxes aren’t listed
  • Central Air
  • Washer/Dryer in the unit
  • Bedroom #1: 13×12
  • Bedroom #2: 11×11
  • Deck: 7×5

 

A 3-Bedroom 1930 Vintage Beauty in Indian Boundary Park: 2415 W. Lunt

2415 w lunt #2

This 3-bedroom vintage condo at 2415 W. Lunt in the Indian Boundary Park neighborhood of West Ridge originally came on the market in May 2016.

Built in 1930, the building has 6 units.

At 2,000 square feet, the unit is larger than many single family homes.

It has unique vintage features including vaulted beamed ceilings, coved moldings, arched doorways, and French doors.

The fireplace is decorative (which I think everyone would agree is obvious when looking at the pictures).

One of the baths has the original tile.

The kitchen has Corian counter tops, a tile backsplash and stainless steel appliances.

There’s no central air. It has window units.

There’s also no in-unit washer/dryer.

But the unit does have garage parking.

The property has been on and off the market since last May.

It is on the same block as the Indian Boundary Park and steps from Western Avenue with its restaurants, shops and buses.

It has been reduced $19,900 to $245,000 in that time.

The low inventory has meant market times have dropped.

But what will the 2017 market be for properties like this one that are outside the Green Zone?

Holly Bergren at Dream Town Realty has the listing. See the pictures here.

Unit #3E: 3 bedrooms, 2 baths, 2000 square feet

  • Sold in February 1989 for $125,000
  • Sold in September 2001 for $204,000
  • Sold in March 2009 for $280,000
  • Originally listed in May 2016 for $264,900
  • Reduced
  • Currently listed for $245,000 (includes garage parking)
  • Assessments of $450 a month (includes heat, exterior maintenance, scavenger and snow removal)
  • Taxes of $3479
  • No central air. Window units only.
  • No in-unit washer/dryer
  • Decorative fireplace
  • Bedroom #1: 17×13
  • Bedroom #2: 18×11
  • Bedroom #3: 12×9
  • Dining room: 17×12

 

 

Do You Love High Rise Views? A 2/2 on the 25th Floor in the Gold Coast: 1300 N. Astor

1300 n astor

This 2-bedroom in the Astor Tower at 1300 N. Astor in the Gold Coast just came on the market.

This Bertrand Goldberg high rise was built in 1963 and  has 71 units and a parking garage.

This building was originally the Astor Tower Hotel. The Beatles were just some of the famous people who stayed here in the 1960s.

This unit is on the 25th floor and has floor to ceiling East, West and South wraparound views of the Lake and downtown, including the John Hancock building.

Even the master bathroom has windows, including in the jumbo walk-in shower.

If the sun is too much for you, the unit has UV protection remote control blinds.

The listing says the unit has had a “total renovation” and now has maple 4 3/8 inch hardwood floors.

The kitchen has light wood cabinets and stainless steel appliances, including a wine refrigerator.

The second bedroom has a built-in queen size hidden Murphy bed with bookshelves.

There’s a 7.1 surround sound audio/video system.

It has central air, washer/dryer in the unit and 2-car tandem parking is $85,000 extra.

Is this a dream view for those who love living in high rises?

Ellen Collar at Coldwell Banker has the listing. See the pictures here.

Unit #25-AS: 2 bedrooms, 2 baths, 1400 square feet

  • Sold in September 2014 for $545,000 (I can’t tell if it included the parking or not)
  • Currently listed for $759,000 (parking is $85,000 for a 2-car tandem space)
  • Assessments of $1689 a month (includes heat, a/c, doorman, exterior maintenance, scavenger, and snow removal)
  • Taxes of $10,692
  • Central Air
  • Washer/Dryer in the unit
  • Bedroom #1: 18×13
  • Bedroom #2: 15×11 (has a queen size murphy bed)

 

 

Back to the 2006 Price in Lakeview? A Top Floor 3/3 at 814 W. Roscoe

814 w roscoe approved #1

This 3-bedroom top floor vintage unit at 814 W. Roscoe in Lakeview recently came on the market.

If it looks familiar that’s because we chattered about it several times from 2010 to 2013. See our September 2013 chatter here.

Converted into condos in 2006, the living/dining and kitchen area now has the popular open layout with what the listing calls a “chef’s kitchen” with 42″ cabinets, stainless steel appliances and granite counter tops.

It has 15-foot high ceilings, crown molding and the original fireplace.

The 3 bedrooms are also larger than what you might normally find in a vintage unit. It’s also unusual to find a vintage unit with 3 bathrooms. They usually just have 2.

The master bathroom is marble with a double vanity.

The property has the amenities buyers are looking for in this price range including central air, washer-dryer in the unit and 1-car outdoor parking.

This building appears to be a three-story walk-up without an elevator. It has 8 units.

This unit finally sold in January 2015 for $507,500.

Two years later, it has come back on the market for 16% more, just over the 2006 price, at $589,000.

Will it sell faster in this low inventory market?

Zachery Koran at @Properties has the listing. See the pictures here.

Unit #3W: 3 bedrooms, 3 baths, no square footage listed but listing says “over 2000 square feet”

  • Sold in August 2006 for $587,500
  • Originally listed in August 2010 for $589,000
  • Was listed in May 2013 at $549,000
  • Sold in January 2015 for $507,500
  • Currently listed for $589,000 (includes parking)
  • Assessments were $251 a month in 2013 and are still $251 a month (includes exterior maintenance and scavenger)
  • Taxes now $8491 (they were $8491 in September 2013 and $8044 in August 2010)
  • Central Air
  • Washer/Dryer in the unit
  • Parking included
  • Bedroom #1: 16×14
  • Bedroom #2: 11×14
  • Bedroom #3: 15×12

848 W Belden in Lincoln Park Is Back and You Still Have to Evict the Tenants

848 w belden

This historic 3-bedroom row house at 848 W. Belden in Lincoln Park came on the market in October 2016.

We chattered about it being one of the most bizarre listings ever to be on Crib Chatter – and there’s been a LOT of properties over the years.

You can see our chatter here.

What is so unusual about it?

Here’s the listing description:

THIS PROPERTY IS BEING SOLD OCCUPIED WITH ANY AND ALL CURRENT OCCUPANTS, IF ANY. NEITHER THE SELLER NOR THE LISTING BROKER CAN VERIFY THE EXISTENCE OF ANY LEASE AGREEMENT WITHER WRITTEN OR VERBAL NOR ANY RENTAL AMOUNT BEING PAID, DUE OR OWING. BEING SOLD IN AS IS CONDITION / NEW BUYERS ARE TO EVICT / CASH OFFERS ONLY / NO INSPECTIONS / DO NOT DISTURB OCCUPANTS. SEE AGENT REMARKS FOR OFFER SUBMISSION INSTRUCTIONS.

If you recall, these row houses were built between 1884 and 1889 and make up the McCormick Row House District.  They are found on both Fullerton and Belden as well as Chalmers Place, which is the secret street in between.

The picture above is of the second grouping on Belden which is numbered up to 858 W. Belden. 848 W. Belden would be on the far right of this group of row homes.

They were apparently originally built to provide rental income for the nearby McCormick Theological Seminary.

The row houses were designated Chicago Historic Landmarks in the 1970s.

There are 56 total homes. I also believe there’s a homeowners association with an assessment, although the listing for this row house says it is “fee simple” and doesn’t list any HOA fees.

These were built in the Queen Anne style. Some of them still contain their vintage features like crown moldings and fireplaces.

We don’t know what the inside of this one looks like because there are no interior pictures. You are buying it sight unseen.

Also, apparently, even though it was on the market last fall, the listing now says there are multiple offers.

Multiple offers: highest and best offers due 01-16 by 5 p. m.

The price has been reduced $273,300 since October and is now listed at $719,900.

In our last chatter, some of you thought a price around $700,000 would be a deal.

Currently, there are no other row houses on the market in the historic district. It no longer has any competition.

Will it sell this time?

And if there are multiple offers, will buyers now overbid?

Michael Olszewski at Area Wide Realty has the listing. See the listing here.

848 W. Belden: 3 bedrooms, 3.5 baths, 2904 square feet

  • Sold in July 1997 for $658,000
  • Lis pendens foreclosure filed in October 2009
  • Bank owned in January 2015
  • Was listed “as-is” in October 2016 for $993,200
  • Reduced
  • Now listed at $719,900
  • Cash only
  • Taxes of $14,157
  • Listing says no central air
  • Listing says 2-car parking
  • HOAs?
  • Bedroom #1: 19×14 (second floor)
  • Bedroom #2: 13×11 (second floor)
  • Bedroom #3: 12×10 (second floor)
  • Den: 12×11 (second floor)

How Quickly Should Properties Be Selling? A 2-Bedroom at 545 W. Aldine in East Lakeview

545-w-aldine-approved

This 2-bedroom at 545 W. Aldine in East Lakeview came on the market in September 2016.

The building has 34 units and was built in 2000.

It has two rare amenities for East Lakeview: an elevator and a heated garage.

The unit faces south and has hardwood floors.

The kitchen has granite counter tops and stainless steel appliances.

It was originally listed in September 2016 for $489,000 and was reduced in November to $479,000.

It has come back on the market at $459,000.

However, inventory is at multi-year lows. Even though it’s still the slower winter market, many properties are going under contract within days of listing.

Why isn’t this selling with inventory is so tight?

Brad Lippitz at Berkshire Hathaway KoenigRubloff has the listing. See the pictures here.

Unit #3F: 2 bedrooms, 2 baths, no square footage listed

  • The CCRD was down (again)- so I don’t know any of the prior sales prices (ever since the site moved to the new web address it’s been “down” about 80% of the time at night and on the weekends.)
  • Okay- it’s up again in the morning. Fantastic. Sold in October 1999 for $339,000
  • Originally listed in September 2016 for $489,000
  • Reduced in November 2016 for $479,000
  • Currently listed for $459,000 (includes garage parking)
  • Assessments of $461 a month (includes cable, exterior maintenance, lawn care, scavenger, and snow removal)
  • Taxes of $6790
  • Central Air
  • Washer/dryer in the unit
  • Bedroom #1: 16×11
  • Bedroom #2: 10×10

 

 

 

Is This the Perfect Pied-a-Terre? A 1-Bedroom at 100 E. Walton in the Gold Coast

100-e-walton

This 1-bedroom on the 19th floor at the Walton Colannade at 100 E. Walton in the Gold Coast recently came on the market.

Built in 1972, the building has 240 units.

The south facing unit has been completely renovated with 4 inch oak hardwood floors throughout and solid core doors.

The kitchen has 42 inch white shaker cabinets, GE stainless steel appliances, granite counter tops and a tile backsplash.

The listing says there is designer lighting throughout.

It has a washer/dryer in the unit and central air.

There is rental parking in the building.

It’s a full service building with a doorman, an outdoor rooftop pool, a party room and an exercise room.

This appears to have it all.

Is it the perfect Gold Coast pied-a-terre?

Deborah Ryder at American International Realty has the listing. See the pictures here.

Unit #19E: 1 bedroom, 1 bath, 700 square feet

  • Sold in April 1997 for $78,000
  • Sold in July 2014 for $240,000
  • Currently listed at $279,900
  • Assessments of $696 a month (includes heat, a/c, doorman, cable, pool, exterior maintenance, scavenger, snow removal)
  • Taxes of $3419
  • Central Air
  • Washer/Dryer in the unit
  • Parking is rental in the building
  • Bedroom: 12×10

 

Want a Loft in 2017? A 2/2 in a Boutique South Loop Building: 1421 S. Wabash

1421-s-wabash-2

This 2-bedroom loft in 1421 S. Wabash in the South Loop just came on the market.

It has 15 foot ceilings and exposed brick walls along with 3 exposures: north, west and south.

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

The loft has a front balcony as well as an enclosed back porch.

It comes with the features buyers look for including central air, washer/dryer in the unit and a heated garage space.

This loft is in the heart of the South Loop, just blocks from the Trader Joes, the Roosevelt Collection shopping and the Roosevelt El stop.

This is a small, 5 unit building. Units rarely come on the market.

This unit hasn’t been for sale in 12 years.

Will this sell fast?

Lauren Schuh at Jameson Sotheby’s has the listing. See the pictures here.

Unit #3W: 2 bedrooms, 2 baths, 1506 square feet

  • Sold in August 1999 for $251,000
  • Sold in November 2005 for $400,000
  • Currently listed for $514,900 (includes heated garage parking)
  • Assessments of $244 a month
  • Taxes of $7691
  • Central Air
  • Washer/Dryer in the unit
  • Bedroom #1: 11×18
  • Bedroom #2: 10×12
  • Enclosed porch: 13×10

Do You Want to Be a Landlord? A 3-Bedroom 2-flat at 1748 W. Cortland in Bucktown

1748-w-cortland

This 3-bedroom 2-flat at 1748 W. Cortland in Bucktown recently came on the market.

We chattered about this home the last time it was on the market and debated who the buyer would be of this kind of set-up. You can see our December 2011 chatter here.

Built in 1890, the old listing said it was custom built by renowned architect Joe Valerio.

The property, on a 24×125 lot, has a modern interior including a 2-story living room with a lofted bedroom.

The kitchen has white cabinets, white appliances and zinc counter tops.

There is a third floor master suite.

It also has a ground floor 1-bedroom rental with 11 foot ceilings and a kitchen.

The current listing says a door can be added to connect it to the main house.

The master bedroom is on the third floor with the second bedroom and a family room on the second level.

It has central air and a 2-car garage.

The listing says it’s in the Pulaski school district and it’s just a block to the 606.

This house took several years to sell the last time we chattered about it but the rental market has skyrocketed since then.

Will the fact that it has the 1-bedroom attached rental be a positive or a negative this time around?

There’s a floor plan listed this time around. If you can figure it out, please inform us.

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

1748 W. Cortland: 3 bedrooms, 2.5 baths, 2264 square feet, 2 car garage

  • Sold in March 1995 for $93,000
  • Lis pendens foreclosure filed in June 2010
  • Originally listed in July 2010 for $825,000
  • Reduced
  • Was listed in December 2011 at $799,000
  • Sold in January 2014 for $775,000 (according to Redfin because the CCRD is down AGAIN.)
  • Currently listed for $830,000
  • Also has a 1/1 rental on the first floor. The listing doesn’t indicate how much it rents for.
  • Taxes are now $9653 (they were $7563 in 2011)
  • Central Air
  • Bedroom #1: 18×13 (third floor)
  • Bedroom #2: 15×14 (main floor)
  • Bedroom #3: 16×15 (second floor)
  • Second kitchen: 11×6