Some of you may remember the Tru-Lofts at 2525 N. Sheffield in Lincoln Park from the days of the housing boom as it was an apartment to condo conversion that took place in the spring of 2007.
The original listings for the units in 2007 said you could buy the unit “as is” or you could purchase one of the upgrade packages.
This 1-bedroom plus loft recently came on the market.
The listing says it has been “gut rehabbed” and that the kitchen has new cabinets, a tile backsplash, granite counter tops and stainless steel appliances. (upgrade package?)
The loft has exposed brick and a steel/metal ceiling.
Currently, the master bedroom is being used as a nursery and the second level loft is being used as the master bedroom.
It has central air, washer/dryer in the unit and one car parking is included.
Originally listed in early September 2012 for $289,000, it has already been reduced $14,100.
The loft is now listed $3,900 above the 2007 purchase price.
Given all that has happened in the housing market since this building was marketed and sold, will this loft still manage to re-sell for near the 2007 price?
Jenna Cody at @Properties has the listing. See the pictures here.
Unit #3F: 1 bedroom, 1 bath, no square footage listed
- Sold in May 2007 for $271,000
- Originally listed in September 2012 for $289,000
- Currently listed at $274,900 (parking included)
- Assessments of $151 a month
- Taxes of $4185
- Central Air
- Washer/Dryer in the unit
- Bedroom: 13×12
- Loft: 18×15