Custom Lincoln Park Mansion Sells 2 1/2 Years Later for $405K Less: 1728 N. Cleveland

Thanks to miumiu who pointed out that this newer construction 6-bedroom mansion at 1728 N. Cleveland in Lincoln Park had sold in January 2011.  (I missed this sale.)

1728-n-cleveland-approved.jpg

We chattered about this house several times as it came on the market less than 2 years after its original sale and was asking $464,000 more than the 2008 purchase price.

See our May 2010 chatter here.

It ended up selling for $405,500 under the 2008 purchase price.

The 6,500 square foot home had a limestone facade and in-ground watering system.

5 out of the 6 bedrooms were upstairs.

It also had all the upgrades you would expect from a new construction mansion home with a wine cellar and electric shades.

There was also a 2.5 car garage.

Jennifer Ames at Coldwell Banker had the listing.

1728 N. Cleveland: 6 bedrooms, 5.5 baths, 2.5 garage, 6500 square feet

  • Sold in August 2008 for $3,331,000
  • Was listed in February 2010 for $3,795,000
  • Reduced
  • Was listed in May 2010 for $3,595,000
  • Sold in January 2011 for $2,925,500
  • Taxes of $3394
  • Central Air

12 Responses to “Custom Lincoln Park Mansion Sells 2 1/2 Years Later for $405K Less: 1728 N. Cleveland”

  1. No love at all. From the linked thread:

    “anon (tfo) on March 29th, 2011 at 1:00 pm

    Sold for $2,925,500 on January 10.”

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  2. How are those taxes so low? This is what’s wrong with Chicago.

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  3. Wow. Now that’s an $870K reality check.

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  4. “How are those taxes so low?”

    Those were the taxes for 2008, before completion. 2009 taxes were $50,074.00

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  5. gringozecarioca on June 3rd, 2011 at 5:31 pm

    I get no pics from the link, then again if I were the buyer I’d probably ask them taken down right away. Looks like a nice home, house to the right looks even nicer.

    Well, I have been wondering what the big structure was that they were putting up in front of my place the past week. Appears a runway for tonights Fashion Rio, 250 meters from my window. Our mayor seems to be gettin it right!

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  6. Speaking of Miumiu, I haven’t seen her post today. Is it bambino time?!

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  7. “I get no pics from the link”

    Pix here: http://www.redfin.com/IL/Chicago/1728-N-Cleveland-Ave-60614/home/13346707

    They’re great because they include a couple of CC favorites: a crib and no coat closet by the front door. Must be a builder-grade specials that the owners needed to move out of to get the kids to the burbs.

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  8. gringozecarioca on June 4th, 2011 at 8:29 am

    “Must be a builder-grade specials that the owners needed to move out of to get the kids to the burbs.”

    Too heavy for my personal taste but nicely done. No one can call this builder grade.

    Linked to it was this http://www.redfin.com/IL/Chicago/1828-N-Orleans-St-60614/home/13344010 someone just went loony on the staircase. Very rare for me to say, but I have no idea if I like this place or not.

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  9. gringozecarioca on June 4th, 2011 at 8:54 am

    Nothin about 1828 even looks like a home with the exception of the kids room. Like one big giant office. Strange

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  10. “No one can call this builder grade.”

    Someone was dogging the Fairfield house for not having a coat closet near the front door, because *any* architect would have not allowee that to happen. So this house must not have had an architect involved.

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  11. This house was custom built with materials / items few know enough to even request let alone afford. I could reasonably say the PP is below replacement cost.

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  12. “This house was custom built with materials / items few know enough to even request let alone afford. I could reasonably say the PP is below replacement cost.”

    But their guests would just have to throw their coats on the floor, so who would want that?

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