You Can Get A 3-Bedroom In Andersonville For Under $370K: 1512 W. Olive

In the boom, it would have been nearly impossible to get a 3-bedroom condo in the hot Andersonville neighborhood with parking for under $400,000.

But times have clearly changed.

This 3-bedroom in a vintage 3-flat at 1512 W. Olive came on the market in September 2012 listed at $369,900.

It has a newer kitchen with cherry cabinets, granite counter tops and stainless steel appliances.

There is travertine tile in the master bath.

The building was built in 1920 and has some vintage features such as a front sunroom.

The unit has the other features buyers look for including central air, washer/dryer in the unit, a back deck and parking.

It is listed for $36,600 under the 2005 purchase price.

Is this a deal for the space and the neighborhood or is this simply now the market in Andersonville?

Stephen Northey at Koenig & Strey Real Living has the listing. See the pictures here.

Or you can see it in person at the Open House on Sunday, November 4 from 1 pm-3pm.

Unit #2: 3 bedrooms, 2 baths, no square footage listed

  • Sold in July 2005 for $406,500
  • Originally listed in September 2012 for $369,900
  • Currently still listed at $369,900
  • Assessments of $213 a month
  • Taxes of $6614
  • Central Air
  • Washer/Dryer in the unit
  • Outdoor parking included
  • Bedroom #1: 10×14
  • Bedroom #2: 9×13
  • Bedroom #3: 9×12
  • Sunroom: 13×7

14 Responses to “You Can Get A 3-Bedroom In Andersonville For Under $370K: 1512 W. Olive”

  1. That place is ugly

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    Rating: -7 (from 13 votes)
  2. Nice looking unit with most of the vintage charm sucked out. And no photos of the 2nd and 3rd BR, which are very small. Would work well for a young family or a couple without kids. I like the location, too.

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    Rating: +2 (from 2 votes)
  3. That place is staged within an inch of its life. It’s so cheerfully bland it’s almost repellant. Or it could be that I’m just in a foul mood today.

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    Rating: +5 (from 5 votes)
  4. So bland, but a nice block and location. I wonder if years of renting it out had really been so hard on any charming vintage details that they couldn’t be saved in the rehab, or if the rehabber was going for suburban new-build styling on purpose.

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    Rating: -2 (from 2 votes)
  5. “And no photos of the 2nd and 3rd BR, which are very small.”

    Did you not get to photos 10 and 11?

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    Rating: +3 (from 3 votes)
  6. I’ll take another look. I guess I missed those.

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    Rating: -4 (from 4 votes)
  7. I see them now. That was dumb of me.

    I agree with others that the unit is a bit sterile. It’s a shame any vintage charm it may have had is gone. But it may have some potential. Although I like the location, as I said before, I’d prefer to be a few blocks further south, as Clark Street this far north in Andersonville was ruined by big box stores, fast-food chains and parking lots in the 60’s and 70’s. It must have been nice before that.

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    Rating: -4 (from 4 votes)
  8. 2nd floor=pass

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    Rating: -3 (from 3 votes)
  9. “Although I like the location, as I said before, I’d prefer to be a few blocks further south, as Clark Street this far north in Andersonville was ruined by big box stores”

    There is no big box anywhere near here. There is a Jewel right here though.

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  10. Jewel being the big box store. OK – it’s not Home Depot. But it has the same impact on the street.

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    Rating: -3 (from 3 votes)
  11. I’d prefer to be a few blocks further south, as Clark Street this far north in Andersonville was ruined by big box stores”

    That Jewel is not a big box and you said “ruined by big box stores” implying there are multiple big boxes. Broadway in Lake View between Diversey and Belmont is ruined by your criteria.

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  12. I’m surprised my comment got so much attention. All I meant to say was, Clark Street is nicer down by Foster and Balmoral than up here by Olive, because up at this point there are parking lots, fast-food restaurants and a large grocery store with a big parking lot.

    Broadway between Diversey and Lakeview has been made more unattractive in the last 20 years by ugly buildings like the one at Broadway and Surf, and by the huge vacant lot where the Dominick’s once was (though that site was pretty much an eyesore even when the grocery store and bank hadn’t yet burned down).

    It had been improving, especially after the McDonald’s just south of Belmont closed about 25 years ago.

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    Rating: 0 (from 2 votes)
  13. “Broadway between Diversey and Lakeview . . .”

    In light of your having grown up in that hood and owned your own unit on Lakevew, I’ll spare you the sort of “Broadway between Diversey and Lakeview?!” geographic scorn that would normally be heaped upon most other posters.

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    Rating: -1 (from 1 vote)
  14. Oops – I meant Broadway in Lakeview between Diversey and Belmont. I’m tired today.

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    Rating: -1 (from 1 vote)

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