Looking For “New” In Roscoe Village? A 6-Bedroom Rehab At 1845 W. Newport
This 6-bedroom single family home at 1845 W. Newport in Roscoe Village has been on the market for 9 months.
It has been completely gut rehabbed with modern features.
The listing says it has a “chef’s kitchen” with white cabinets and stainless steel appliances.
3 of the bedrooms are on the second floor and 2 more are on the third floor. The sixth bedroom is in the lower level.
There’s a media room and skylights along with extensive millwork.
The 5000 square foot house is built on a 25×124 lot with a 2-car garage.
The house has been reduced $100,000 to $1.199 million since November 2011.
What will it take to sell this house?
Mario Greco at Prudential Rubloff has the listing. See the pictures here.
1845 W. Newport: 6 bedrooms, 4.5 baths, 5000 square feet, 2 car garage
- Sold in May 2010 for $450,000
- Originally listed in November 2011 for $1.299 million
- Reduced
- Currently listed at $1.199 million
- Taxes of $10,736
- Central Air
- Bedroom #1: 16×15 (second floor)
- Bedroom #2: 15×12 (second floor)
- Bedroom #3: 12×12 (second floor)
- Bedroom #4: 14×13 (third floor)
- Bedroom #5: 17×13 (third floor)
- Bedroom #6: 18×12 (lower level)
“Heirloom-caliber Brand New Complete Gut-renov 5000+ Sqft 6+bd/4.1 Ba”
Heirloom caliber, now that’s a new one.
Floorplate ~55×20 x 4 (giving full credit for 4th floor, with pitched roof) = ~4400.
Surprised MG didnt get the basement floor mopped before pix.
Garage does not suit rest of house.
Should have taken the expense to get the powerline run to the garage, and buried.
“Floorplate ~55×20 x 4 (giving full credit for 4th floor, with pitched roof) = ~4400.”
before typing that you forgot these words “sqft is just a number”
1 big family room with 6 bedrooms: might as well live on 1 floor in suburbia. I agree about the garage and power line overhead-mistake. $875,000.00 as a starting point
MCBOONDOGGLE!!!
“Floorplate ~55×20 x 4 (giving full credit for 4th floor, with pitched roof) = ~4400.”
You forgot to include the garage.
I think I’ll spend $1M to have a smaller living room than the one in my $350K condo!
“before typing that you forgot these words “sqft is just a number””
I’ll buy it for $600,000, bc that’s just a number, too.
“I think I’ll spend $1M to have a smaller living room than the one in my $350K condo!”
But, to be fair, you don’t also have a family room, media room and playroom. Nor do you have 3(!) walk in closets in your master bedrrom.
some of the finishes are questionable and the pics make the reno look sloppy.
I like that the media room and the living room is aparently lot line to lot line, and that they achieved this by incoprating the same technology as used in the TARDIS.
Two things it has going for it that you don’t see with brand new construction – there’s actually a yard, and it blends well with its neighbors. The LR / DR area does seem tight, especially since it’s squashed up next to that massive kitchen. Assuming the reno actually looks well-done in person, I’d guess it sells in the mid to upper 900s.
“Should have taken the expense to get the powerline run to the garage, and buried.”
what is involved in getting something like this done either before they break ground on new construction or on an existing property, say if you’re gonna replace or build a garage? One place we looked at and are probably gonna take a pass on has a powerline running from the alley to just above the groundfloor deck, just waiting for a young child to take the Darwin Test.
Where I’m from in the Chicagoland area, $1,000,000+ home with six bedrooms are ‘estates’ and they’re usually located on the north shore or the far NW suburbs that have the word ‘Barrington’ in their names. They’re not crammed onto city lots east of Asholeland.
The kitchen layout is excellent, perfect actually for a std. lot dwelling. Great job there. Who uses the “living room” anyway?
Icarus, my understanding is that it is pretty expensive to do this for an existing property but depends on the size of your yard, etc. I heard a rumor that a neighbor of ours paid $10k to do it, but I’m not sure how accurate that was.
Is the masonry facade original? I’ve said this many times, that Chicago’s “greystones” that everyone loves just have a limestone facade, that’s it. The sides are old Chicago brick. So, why haven’t any Mccrapbox builders just copied the greystone facade???? It boggles my mind.
PS The kitchen does need more accessible upper cabinet space however. I just love all the counter-space.
“the media room and the living room is aparently lot line to lot line”
Those are the N-S dimensions, on teh long axis of the house. The LR dimension includes the “combo” DR (who does that in a SFH?? even if effectively true).
“Is the masonry facade original?”
Streetview (Apr-09) makes it look like it (at least mostly) is.
http://www.redfin.com/IL/Barrington/1-Algonquin-Rd-60010/home/17789784
6 bedroom estate for the same price far, far from assland ave.
“I’ll buy it for $600,000, bc that’s just a number, too.”
I think thats what Jon said to MG and then MG stopped posting on here.
I do have a question. Has there ever been a MG property featured on here that didn’t have insanely inflated square footage?
“6 bedroom estate for the same price far, far from assland ave.”
yes with triple the property tax and even more azzhooole neighbors.
try again HD and make a apt comparison next time
“I heard a rumor that a neighbor of ours paid $10k to do it”
Definitely plausible; think it would mostly depend on the difficulty of digging the trench to run the line–if you have no garage slab (or tearing out to replace) each to get a trencher in and run conduit. If working around exising garage, etc, etc, then going to take a lot of labor.
“Should have taken the expense to get the powerline run to the garage, and buried.”
what are the benefits besides aesthetic and bad storm issues?
“yes with triple the property tax and even more azzhooole neighbors.”
taxes are only 2.5x.
And it’s on 5.7 acres, plus you can release the hounds. Don’t have to worry about no stinkin neighbooooors.
here you go Groove
http://www.sceg.com/NR/rdonlyres/465E6534-2FFB-4069-BF84-81465AEEF887/0/%20Undergroundvs.pdf,
HD — we know you like the ‘burbs now, but come on… way out in the exurbs? Why even bother commenting on city properties? Barrington McMansions are a whole different ball game. There are cornfields RIGHT there!!! And a giant Cabela’s… Also, omg, the energy bills for that pile…
“I heard a rumor that a neighbor of ours paid $10k to do it”
When I consider buying a $1,199,000 house, I do not find it comforting that the developer decided $10,000 was too expensive to bury the power line.
“taxes are only 2.5x. And it’s on 5.7 acres”
rounded up to cover lawncare expenses
” Icarus (August 29, 2012, 1:42 pm)
here you go Groove”
WTF instead of working on the wiki you have been studying googlefu under master anon(ufo)?
In general I like this place, though I wish it had the usual graystone treatment on the outside. But the living room is a joke. Why not just make it into a coat closet? At least that way it would be useful and not embarrassing.
I’m pretty traditional. I want big living and dining rooms. Small dens are OK, and if you need a place to spread out, a full finished basement is my preference.
“far, far from”
civilization too…
This place does suck but I think the “living room” should really be a “dinner party dining room” with a large long table instead of a couch.
My guess is that the real “living/family room” is in the basement, which blows
Assuming this place sells north of $1 mil, won’t its taxes go over 20k, making them fairly close to HD’s Barrington place?
The COMPARISON, my friends on Cribchatter, is only that 6 bedroom homes for $1,000,000 plus are usually ESTATES, not ugly renovated homes on smaller than standard lots (OK only by 25 sq feet though). They should have done something different with this house. Its just a series of disjointed rooms scattered all throughout the house, with some too big (like the basement rooms) And some too small (like the sitting room in the front of the house). It’s not a livable house like and estate in barrington, that’s all i’m trying to say. I can compare this property to – http://www.redfin.com/IL/Chicago/3942-N-Lowell-Ave-60641/home/13459089 with 7rambling bedrooms throughout the house making it feel disjointed and like maze – I’ve toured the home – and not nearly enough homeowners with large enough families.
(of note, my wife noticed that the kitchen granite and back-splash tile are identical to my own house so she was all happy about that).
“Assuming this place sells north of $1 mil, won’t its taxes go over 20k”
No. Even if it worked that directly (doesn’t), on this past year’s tax:AV ratio, they’d be about $15k at $100,000 AV.
“6 bedroom homes for $1,000,000 plus are usually ESTATES, not ugly renovated homes on smaller than standard lots ”
No, clearly they are ugly, unrenovated homes on (small) hobby farms in the neighborhood of that suburban paradise so ably parodied by our own question-mark sport coat man.
“of note, my wife noticed that the kitchen granite and back-splash tile are identical to my own house”
You’ve heard me bemoan the state of my kitchen, HD, particularly the countertops and backspash (we may have one of the only condos worth between $400-500k with formica). To borrow a phrase from a certain $2mm-liquid-non-GZ squatter, I hope that lording your superior kitchen counter surfaces over me has made you feel good.
Are flippers nowadays mostly cash heavy buyers? I didn’t know Banks were still offering “flipper friendly” loans.
How did the realtor and photographer not notice the foot tracks in the downstairs media room? That lets the whole world know that this was a pump n dump flip and nobody ever really lived there.
There is a new garage being built (about half complete and it’s been taking forever). I just wouldn’t want to be in between those two houses with my million $ home. Can you see in the photos how dumpy those backyards are? Two of the worst houses on the block.
“I think thats what Jon said to MG and then MG stopped posting on here.”
to magically summon him, you probably have to type out his full name spelled correctly
“to magically summon him, you probably have to type out his full name spelled correctly”
I thought it was more like:
“235 Van Buren” and (scam or overpriced)
Belgravia and (shyster or liar)
But I don’t have any idea what MG’s keywords are
depends on how you configure the Google Alert. Given his ego, I suspect just his name will do.
“But I don’t have any idea what MG’s keywords are”
Hey everybody, I do not deserve 5 thumbs down for my barrington 6 bedroom estate comparison. It’s perfectly acceptable to compare the two. Once again teh chatteratti has no idea what the hell they’re talking about.
p.s. the white granite is kashmir white and the backsplash is white/gray marble.
“Hey everybody, I do not deserve 5 thumbs down for my barrington 6 bedroom estate ”
HD is right. He deserves at least 20 thumbs down.
fuck you all, i’m never posting here again.
Every time I read these I leave with the impression that HD is a giant d-bag. His comments are always revolved around the greatness of suburbia. To each his own…..
No, HD is just a lemming.
I’m glad we’ve finally decided to crap on HD today… good times
“fuck you all, i’m never posting here again.”
Ask miumiu to come back when you see her.
But seriously, why is it ok for you to post a “comp” in the greater Bumble Hills area, but when clio mentions Oak Brook, there’s an outcry? Were I moving out of the city, and those towns were my only two choices, I’d find myself to DuPage right quick.
Dude, I hate the suburbs but Ive only lived out here for 1 year. I lived in the city my entire adult life. I’m commenting on the crappines of this house, not of the greatness of suburbia. I frequently comment on places I like even if the price sucks. You all suck. Give that 25 thumbs up your ashlands!!!!
homedelete (August 29, 2012, 5:01 pm)
fuck you all, i’m never posting here again.
Good – Beat it. Your comments add little value these days as your so out of touch on the market.
My comments lately have been better than ever especially since I’ve become familiar with construction and renovations and costs. I am not out of touch with the market, I understand that the GZ is not the only place in the world to live.
“My comments lately have been better than ever especially since I’ve become familiar with construction and renovations and costs. I am not out of touch with the market, I understand that the GZ is not the only place in the world to live.”
Exactly. Plenty of opportunities outside the GZ. I’ll start posting about them next week since most of the properties within the GZ are a yawn right now.
Sabrina: Thanks
Lunker: You’re too damn stupid to understand the value of something when you see it; like the loser who walks around the art institute and says ” I don’t like or understand art. YAWN.”
I second the idea of suburban listings. Take a look at the North Shore. You’ve done HP before. Why not again since the city market is a bore?
At least in the last 12 months I pulled the trigger and did a 6 figure renovation a property 2 miles outside of the city limits. I talk the talk but I walk the walk. And the PPSF of properties in my area have gone up substantially off of the winter’s lows – i may have timed *This* bottom perfectly. …. but no worries, there are plenty more false bottoms to come. ….
I second the north shore – work your way up evanston to lake bluff and back through deerfield, northbrook, glenview and skokie. Then the following week take a trip and do a handful of houses on the C&NW line (all within walking distance of the train stop) – norwood park, gladstone, des plaines, arl hts, barrington, crystal lake and harvard.
I also like the vacation properties angle. Green lake, lake Geneva, chain of lakes, door county, new buffalo etc
“I second the idea of suburban listings. Take a look at the North Shore. You’ve done HP before. Why not again since the city market is a bore?”
Because it’s a blog on the CHICAGO housing market. And once you start on the suburbs, there is no stopping it. Just look at HD’s list. There is like 10 towns listed there! Where does it stop? I do 10 towns in the western suburbs? Then 10 towns in the southern suburbs? Then go out to Woodstock? And Geneva and Clio’s St. Charles?
Ugh. No thanks.
BUT- I have been seeing quite a few vintage properties listed around the burbs on the cheap that I may try and cover. We’ll see. I haven’t been to the far west side in awhile so I’ll probably start there.
“I also like the vacation properties angle. Green lake, lake Geneva, chain of lakes, door county, new buffalo etc”
I don’t mind vacation properties, but there’s no way for me to get pics of these properties.
“And the PPSF of properties in my area have gone up substantially off of the winter’s lows – i may have timed *This* bottom perfectly.”
you nailed it, here is the Niles chart psf: http://www.cdn-redfin.com/stingray/do/region-chart-small/6/13652/MEDIAN_HOUSE_SQ_FT_BY_TIME.png
I like the Lake View, $1.2 million listing where HD analyzes the big 1st and 2nd mortgages, the ccrd info, and then the discussion of the owner’s careers/jobs. Those are most amusing threads.
“And Geneva and Clio’s St. Charles?”
My ears were burning……and speaking of which – where else can you get a BRAND NEW house on 7.5 acres for under 850k?!!! Or a 7.5 acre parcel for 275k?!!! Great deal!!!
http://www.redfin.com/IL/Saint-Charles/3N645-Ponderosa-Dr-60175/home/17970713
I did time niles’ bottom perfectly. Amazing how I do this stuff. Like clio, “I’m in the know”.
Except my suburban comp is an estate, not a hobby farms, and to me, estates have 6 real bedrooms or more, not six crammed rooms, some in the basement, called bedrooms on a 24 foot lot. Too much house on this lot. Give it four bedrooms and a huge basement playroom or media room instead. Too ridiculous.
Why do I keep getting thumbs down when I say this six bedroom property sucks? Its got six bedrooms only one of which is more than 13 feet wide, and it’s a million dollar house?? I’d rather see four larger bedrooms, or a different layout, or something. This is OVERKILL for this lot. Why won’t anyone admit this – becaues it’s in the GZ so it’s sacred? IT’s just stupid and it’s too much, too much, especially for the neighborhood. I tell you I seen one of these big 5000 sq feet houses on a standard lot and it’s just a labyrinth of rooms connected by hallways. One one real great room on the mail floor that has a small ‘sitting’ room enough for one couch, a kitchen, and a table. There rest of the house is just a series of little rooms, none of which are dedicated for any real purpose, this house is overkill, complete overkill the small lot, in my opinion. 5000 sq feeet is ALOT of finished space.
So does standard lawyer practice dictate that when you say: ““fuck you all, i’m never posting here again.”
that means post 8 more times? or does it vary by practice area?
“Why do I keep getting thumbs down when I say this six bedroom property sucks?”
Agreed, six bedrooms in the city should mean a 2flat 3+3. Stick to comp’s in the area, even with less BR’s…
http://www.redfin.com/IL/Chicago/3323-N-Bell-Ave-60618/home/13386477
Thank you for agreeing with my Chicago builder, that’s a much better property for the area. Better layout, better space, not quite so much like a labyrinth with long hallways and lots of small rooms. Big open rec room in basement.
Dont to a burb posting, it just brings out the worst people here. And all we do is get into the same argument that we get into on regular city postings.
I would rather have more postings in the city that are not just Lincoln Park, Lake View and lately West town. its a big big city and we rarely touch more than 5% of it.
the random beverly, peterson woods and edison park listings are nice but so much more city still to cover
“I seen one of these big 5000 sq feet houses on a standard lot”
This is NOWHERE CLOSE to 5000 sf of finished space. It’s about 4000.
Why not some properties in the wild 100’s?
” It’s about 4000″
you dont think less than 4000 considering stairways, closets, sloping ceiling ?
“[3323 Bell]’s a much better property for the area”
It’s about 15′ longer, too. If this place had it’s back wall taken off, and a 15′ addition put on, it would have bigger rooms, too.
Also, the only difference, bedroom count wise, is that this place has a 3d floor with 2 extra bedrooms. Otherwise, same bedroom layout.
“Why not some properties in the wild 100?s?”
This isn’t a website about cars, but here’s a nice property for the wil’ hunnets… 6 doors fo your 5 kids
http://tinyurl.com/9r5an96
“you dont think less than 4000 considering stairways, closets, sloping ceiling ?”
Closets count for sure, groove. Stair count for something. The sloped ceiling area counts for something, too. It’s ~4400 sf of floor area; asserting less than 4000 would require measuring everything.
“i’m never posting here again.””
A good lawyer would point out that there are at least 3 words in that sentence that have meanings which are vague enough to allow the sentence to be true AND and HD to continue to participate in the Crib Chatter community.
A BigLaw friend of mine recently told me of a fight with opposing council about transient vs. non-permanent. Cost the clients at least $50,000. But it mattered. Greatly.
In Mario Greco’s defense, isn’t the MLS data-entry field for square footage listed as “ASF:”?
that would be “approximate” sq. ft.
“Closets count for sure, groove. Stair count for something. The sloped ceiling area counts for something, too”
what about walls and fireplaces and built-ins? should that be added to the sqft.
yes they are usable but really take away to what we perceive as usable sqft.
“the MLS data-entry field for square footage listed as “ASF:”?”
I’m trying to figure out how 4200 is approximately 5000. Seems a poor approximation.
So, then: I will pay approximately $1.15 mm for this house. And by approximately $1.15 mm, I actually mean $600,000.
homedelete (August 29, 2012, 10:19 pm)
Sabrina: Thanks
Lunker: You’re too damn stupid to understand the value of something when you see it; like the loser who walks around the art institute and says ” I don’t like or understand art. YAWN.”
Oh and the gloves come off.
Groove77 (August 30, 2012, 9:05 am)
Dont to a burb posting, it just brings out the worst people here. And all we do is get into the same argument that we get into on regular city postings.
I would rather have more postings in the city that are not just Lincoln Park, Lake View and lately West town. its a big big city and we rarely touch more than 5% of it.
the random beverly, peterson woods and edison park listings are nice but so much more city still to cover
AGREED.
“to magically summon him, you probably have to type out his full name spelled correctly”
I thought it was more like:
“235 Van Buren” and (scam or overpriced)
Belgravia and (shyster or liar)
But I don’t have any idea what MG’s keywords are
Who is this MG you speak of? I thought those were Joe Zekas’ keywords… for example…
235 Van Buren is failing miserably. Their rent to own program is thinly veiled attempt to keep some cash flow because their condo sales have tanked. They think they can demand pre-2008 prices but they can’t. Time to wake up.
“Lunker: You’re too damn stupid to understand the value of something when you see it; like the loser who walks around the art institute and says ” I don’t like or understand art. YAWN.”
It depends. Walk around the Modern wing, and you’ll see flimsy high-priced Mccrapbox art, that takes little artistic skill, inflated in price, etc. It’s a metaphor for the GZ, also like the terrace on the new modern wing, obnoxiously called the “bluhm family terrace”…….an idiotic soulless concrete rectangle that belongs on top of a mccrapbox 6-pack building: http://bit.ly/PuoCdc This is progressive? think not.
couple things;
was this formerly a 2 or 3-flat, converted to a SFH?
That whole “electricity to the garage thing”… When I had my garage built in like ’04, I was told it was ILLEGAL to run electric above ground and it had to be trenched. So that’s how they did it. But it sure as hell didn’t cost me $10k. Where are these numbers coming from?
What’s with that room with the built-in bench/window seats? Is that in the basement? Why the heck didn’t they put some colorful cushions on that or something? Like someone else said, there are some really cheapo components here.
addendum;
looks like it was a multi-family, and the tax records still reflect that.
“But it sure as hell didn’t cost me $10k. Where are these numbers coming from?”
Not from the house to the garage, from the service pole to an aerial attahced to the garage, with a meter on the garage, and the supply line run underground to the box in the house. Which would then have a line running *back* to the garage.
oh.
well.
nevermind.
I dunno. I think this was some of HD’s best work!
I noticed the theme, HD:
– far from assland ave.
– You all suck. Give that 25 thumbs up your ashlands!!!!
– They’re not crammed onto city lots east of Asholeland.
– i may have timed *This* bottom perfectly. …. but no worries, there are plenty more false bottoms to come. ….
“Dude, I hate the suburbs but Ive only lived out here for 1 year.”
HD, this just makes me sad.
You spent all that time and angst to buy a house in the burbs and you hate it?
Was it worth the money you saved???
“Lunker: You’re too damn stupid to understand the value of something when you see it; like the loser who walks around the art institute and says ” I don’t like or understand art. YAWN.””
Uhhhh…I think that would be me, actually.
“You spent all that time and angst to buy a house in the burbs and you hate it?
Was it worth the money you saved???”
Yes it was worth the money and my family will be safer and the schools are better and I get more space, but it’s boring as hell and the nightlife sucks. That’s why I’ll have to go into the city for food/culture etc.
On a day to day basis, it’s really not all that different than living on the far NW side of teh city, because, for all practical purposes, it is the far NW side of the city butjust outside the city limits. NIles.
how’s life west of western, HD?
I’m surprised you’re still alive TBH
Sonies,
It’s not safe at all where I live, that’s why I keep looking at the barringtons.
http://www.chicagotribune.com/news/local/suburbs/park_ridge/chi-chicago-man-charged-with-stabbing-robbing-cab-driver-in-park-ridge-20120830,0,6490677.story
I hear that Sandwich doesn’t have much crime, that might be more up your alley
here you go, this place might also be well served as a bunker in case of the zombie apocalypse
http://www.redfin.com/IL/Plano/16505-Burr-Oak-Rd-60545/home/14245384
sonies, that burr ridge place is hideous on the outside, but the mid-century mod on the inside is FAB. I can’t say I’m a fan of the “designer” kitchen refurb, though. Doesn’t quite fit the MCM of the rest of the place. I wonder if this was an estate that was updated, or what.
its not burr ridge, its on burr oak road in Sandwich, IL (60miles SW of chicago)
Sonies – that place rocks! I’m having SPECTRE fantasies about it now. But that kitchen’s gotta go.
whats a SPECTRE fantasy
whats a SPECTRE fantasy
Special Executive for Counterintelligence Terrorism Revenge and Extortion.
Burr Ridge, Burr Oak Road, Sandwich, it’s all in Boofoo! 🙂
My brain isn’t working right lately….
I agree with more chicago area coverage, how about Canaryville (the yellow zone?)…
well we could always surge into the red zone…
http://cribchatter.com/?p=11360
Sonies- the red zone finally sold. Alas, another great listing bites the dust.
I wonder if the new owner will keep the, ah, interesting lower level? 😉
Heh heh only an appropriate comment when the TARDIS was mentioned earlier…