Get a 2000 Square Foot 3-Bedroom For Under $425,000: 2007 W. Belmont in North Center

This top floor 3-bedroom at 2007 W. Belmont in North Center recently came on the market.

It is a short sale listed $68,100 below the 2006 price.

It has 2006 new construction upscale finishes such as crown molding, wainscotting and hardwood floors throughout.

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

It has 11 foot ceilings and two outdoor spaces.

The elevator building has 8 units.

At $424,900, is this even much of a deal?

Janet Crabb at Coldwell Banker has the listing. See the pictures here.

Unit #4W: 3 bedrooms, 2 baths, 2000 square feet

  • Sold in August 2006 for $493,000
  • Lis pendens foreclosure filed in March 2011
  • Currently listed as a “short sale” for $424,900 (parking appears to be included)
  • Assessments of $320 a month
  • Taxes of $7135
  • Central Air
  • Washer/Dryer in the unit
  • Bedroom #1: 25×18
  • Bedroom #2: 14×11
  • Bedroom #3: 15×12

27 Responses to “Get a 2000 Square Foot 3-Bedroom For Under $425,000: 2007 W. Belmont in North Center”

  1. Do we think those ceilings are really 11′ throughout?

    Also, that house you see in the view pic, that’s just north of Fellger–it’s been for sale (by owner, with a GIANT sign) since at least the early 90s–anyone have any idea what the deal there is?

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  2. I’d be more apt to characterize this as Roscoe Village or West Lakeview. YMMV

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  3. “characterize this as Roscoe Village or West Lakeview”

    South of Belmont = Not RV
    West of Ravenswood = Not W Lake View (altho, I guess, maybe West Lakeview, whatever Lakeview may be).

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  4. Dear developer, how did you deem it appropriate to have a master bedroom that is larger than the family/dining/kitchen room?

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  5. Everyone does seem to refer to Diversey to Belmont and Ashland to Damen as “West Lakeview.”

    I find it funny for the same reason anon does, it’s part of the larger comical fallout that comes from people trying to rewrite Chicago’s geography and Lake View into Lakeview. It’s not so much I really care about one or the other as they’re both widely used, it’s just funny to watch people struggle with the reality of the official community area being called Lake View, Lake View High School, the Lake View YMCA, etc. Proper names are proper names, after all.

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  6. 395 is likely a good price for this. Not a bad looking unit and that intersection is okay. Big plus with the black dog gelato opening soon

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  7. That kitchen looks just ugly. I’m sure it has some fancy glazed finish or something, but blah.

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  8. … I will say one thing, those assessments aren’t going to cover elevator repair and eventual replacement in the long haul. Nice proximity to both the little park across the street and Hamlin Park, and being across the street from the bus stop would make getting to and from the L (the area’s biggest shortcoming) tolerable.

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  9. “getting to and from the L (the area’s biggest shortcoming)”

    It’s right on the cusp–google sez 13 minute walk to Paulina stop. Okay on a nice day, bummer on nasty days, but having the bus alternative makes it better than mnay places of similar disatcne.

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  10. Anyone have an idea of what’s going on with this one?
    http://www.redfin.com/IL/Wilmette/1318-Isabella-St-60091/home/13773650

    It closed a few days ago for $800k and is now listed for $599. Huh?

    Thanks.

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  11. Would be a great unit with the kitchen walled off. Does every apartment have to have an “open” kitchen?

    Very nice place in nice area. I think $395K.

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  12. ‘Also, that house you see in the view pic, that’s just north of Fellger–it’s been for sale (by owner, with a GIANT sign) since at least the early 90s–anyone have any idea what the deal there is?’

    i live in this neighborhood also and have forever wondered about this house (and adjacent lot). would love to know what the deal is.

    this neighborhood is very difficult for someone who commutes downtown unless you want to drive:
    opt1: 15 min walk to brown line (paulina)
    opt2: damen bus to blue line (damen at north)
    opt3: belmont bus to red/brown line (belmont)

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  13. I like a big bedroom. Think that our master is is 20 x 16 and that seems large. What the heck would I do with 25 x 18? Reminds me of college where my intelligent roommate had the good sense to switch out the rooms. Our bedroom was quite large but the living room barely had room for a small couch and TV on a stand. (remember those old days with the big TV’s) He swapped the rooms out and we had a much better layout. Perhaps something could be done in this layout to add space to the LR at the expense of the huge master.

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  14. Let’s be honest, a west unit looks right into the next building. In essence that outdoor space is in a glorified gangway. Yuck!

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  15. To also address jeri, I can’t imagine anyone taking a Damen bus south to North to get the Blue line, that would take effin’ forever – 16 blocks of misery and woe due to the Fullerton/Elston/Damen crapola. You’d be better off going west 14 blocks and getting on at Kimball, especially as that way the train is much more pleasant and less packed to the gills.

    But the trip to the red line would be pretty tolerable, my wife did it for years, and that was before the days of Bus Tracker.

    “It’s right on the cusp–google sez 13 minute walk to Paulina stop. Okay on a nice day, bummer on nasty days, but having the bus alternative makes it better than mnay places of similar disatcne.”

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  16. Housing Bear on May 3rd, 2012 at 9:36 am

    i dont even need to click on the pictures, I would not live in this building. i’d pay 200k as an investment

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  17. “Let’s be honest, a west unit looks right into the next building. In essence that outdoor space is in a glorified gangway. Yuck!”

    Yes, sometimes people live close to each other in large cities.

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  18. “Anyone have an idea of what’s going on with this one?”

    Wrong website.

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  19. “Wrong website.”

    Got a linky to the right one?

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  20. “Anyone have an idea of what’s going on with this one?”

    The $800K sale (mls 07913200) included another 50×175 lot with a “studio type 1 bedroom rentable house” known as 1320 Isabella (PIN 05-34-306-013). My guess is that one will be torn down. 1318 Isabella is 05-34-306-014.

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  21. Last entry explains it – http://www.savewright.org/wright_chat/viewtopic.php?t=2698&postdays=0&postorder=asc&start=90&sid=aef0ae4d82255d282d327bfde7835806

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  22. “The $800K sale (mls 07913200) included another 50×175 lot with a “studio type 1 bedroom rentable house” known as 1320 Isabella (PIN 05-34-306-013). My guess is that one will be torn down. 1318 Isabella is 05-34-306-014.”

    That’s a shame. Not that I want to live there, but that looks like it was a nice big wooded lot for the main house. I’m sure the 1 bed “house” was prob a mess but could have made nice guest quarters after fixing up.

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  23. “Last entry explains it”

    Interesting. The prior entry indicates approval for the FLW related 1 bed cottage to be relocated to the same lot as the house for sale, but I guess no obligation to do that, and no mention of it in the listing. Still think it’s a shame about the lot.

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  24. “1 bed “house” was prob a mess”

    http://www.cookcountyassessor.com/Property_Search/Property_Large_Image.aspx?transfer_string1=http://www.cookcountyassessor.com/Property_Search/Property_Large_images_Output/05343060130000_AB.jpg

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  25. Am I crazy or iwas 424,900 a 2012 asking price and it’s currently asking 569K? Seems to be the case on Redfin

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  26. WTF I ended up on a 2012 post and thought it was new!!

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  27. when and what was G’s last post? he was probably the dude from magnetar that made all that money. no $hit he was the biggest bear of them all. he was packaging up the shitty loans and betting against them. he got all cocky after making his billions. he had access to that database because he was making it.

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