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Trying To Sell The 3/3 Duplex Down 3 Years Later in Lakeview: 3709 N. Ashland

This 3-bedroom duplex down at 3709 N. Ashland in Lakeview came on the market in March 2012.

At 2800 square feet, it is larger than many townhouses in this price point in the neighborhood.

It has upgrades such as Brazilian cherry floors on the main level.

The kitchen is described as a “chef’s kitchen” with a Dacor oven/range and granite counter tops.

There is a lower level family room with 9 foot ceilings and 2 decks, including one over the garage.

Yes, it’s in the Blaine school district.

This unit last sold just 2 1/2 years ago.

It is listed $60,000 above the 2009 purchase price.

Will this seller be able to command a premium to the 2009 price?

Anne Rossley at Prudential Rubloff has the listing. See the pictures here.

Unit #1S: 3 bedrooms, 3 baths, 2800 square feet, duplex down, 1 car garage parking

  • Sold in December 2009 for $480,000
  • Originally listed in March 2012 for $540,000
  • Currently still listed at $540,000
  • Assessments of $244 a month
  • Taxes of $9298
  • Central Air
  • Washer/Dryer in the unit
  • Bedroom #1: 14×13 (main level)
  • Bedroom #2: 15×11 (main level)
  • Bedroom #3: 16×13 (lower level)
  • Family room: 30×16 (lower level)

Attention Investors: Get a 1-Bedroom in East Lakeview For Just $103,000: 626 W. Waveland

This 1-bedroom at 626 W. Waveland in East Lakeview has been on the market since September 2011.

It is bank owned.

In that time it has been reduced $37,000.

But it also appears to have been under contract at least twice- in February 2012 and in March 2012.

The listing says “This one will go fast.”

At 750 square feet, it has a wood burning fireplace and hardwood floors.

From the pictures, the kitchen appears intact and has white appliances and cherry cabinets.

It has in-unit washer/dryer but no central air and no parking (it is rental in the neighborhood.)

For an investor, is this now a deal?

Cynthia Gaffney at @Properties has the listing. See the pictures here.

Unit #2D: 1 bedroom, 1 bath, 750 square feet

  • Sold in November 1993 for $70,500
  • Sold in January 1999 for $98,500
  • Sold in May 2004 for $175,000
  • Sold in November 2006 for $195,500
  • Lis pendens foreclosure filed in March 2010
  • Bank owned in July 2011
  • Originally listed in September 2011 for $139,900
  • Reduced numerous times
  • Under contract in February 2012
  • Under contract in March 2012
  • Reduced
  • Currently listed at $102,900
  • Assessments of $299 a month (includes heat and cable)
  • Taxes of $2697
  • No central air – window units only
  • In-unit washer/dryer
  • No deeded parking- rental in the neighborhood
  • Bedroom: 15×12

 

Is It Now Cheaper To Buy Than To Rent This 2-Bedroom? 1245 W. George in Lakeview

We’ve been chattering a lot lately about the price differences between renting and owning.

This 2-bedroom at 1245 W. George in Lakeview recently came on the market.

It is 1100 square feet with high ceilings, exposed brick and hardwood floors.

The kitchen has granite counter tops, stainless steel appliances and 42″ maple cabinets.

It has the features buyers (and renters) look for including central air and washer/dryer in the unit.

The unit also has a highly coveted garage parking space (a plus in the winter.)

It is listed at just $275,000, which is the lowest priced 2-bedroom currently on the market in the building. The other units are listed at:

  1. Unit #303: $299,900
  2. Unit #403: $298,000

This unit has been available to rent for $2000 a month (according to an old rental listing.)

Is it a better deal to simply buy now instead of renting?

John Vossoughi at @Properties has the listing. See more pictures here.

Unit #302: 2 bedrooms, 1 bath, 1100 square feet

  • Sold in December 1998 for $222,000
  • Sold in September 2001 for $286,000
  • Sold in September 2006 for $355,000
  • Currently listed for $275,000 (garage parking included)
  • (It has been available to rent for $2000 a month)
  • Assessments of $295 a month
  • Taxes of $5265
  • Central Air
  • Washer/Dryer in the unit
  • Bedroom #1: 12×12
  • Bedroom #2: 11×9

Market Conditions: New Downtown Condo Sales Fall 40% Year Over Year in the First Quarter

1449 w summerdale

Live in the Heart of the Andersonville in this 3-Bedroom: 1449 W. Summerdale

6924 n tonty

Trying To Sell a 4-Bedroom SFH in Wildwood for 2 Years: 6924 N. Tonty

4050 n mango

Live Near the Park in a 4-Bedroom Bungalow For Under $260K: 4050 N. Mango in Portage Park

2421 n new england

Has 18 Years of Price Appreciation Been Wiped Out in Montclare? A 2-Bedroom Cottage at 2421 N. New England

1308 W. Addison

Itching To Live Close To Your Beloved Wrigley In a 2-Bedroom SFH Under $500K? 1308 W. Addison

Market Conditions: Is It a Sign of the Bottom That Investors Are Gobbling Up Chicago Area Foreclosures?

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