Get A 6-Bedroom Vintage Single Family Home For Just $205,000 In East Garfield Park: 3418 W. Adams
This 6-bedroom vintage single family home at 3418 W. Adams recently came on the market.
It’s an estate sale and being sold “as-is.”
However, there is also a lis pendens foreclosure filed against the property.
Built in 1881, the house appears to be on an oversized lot (but I can’t tell the size from the listing) as it has a 4 car garage.
Many of the vintage features remain including the original oak wood foyer, walls and ceiling as well as the double stairway.
It has pocket doors, stained glass windows and 4 fireplaces.
From the listing pictures, there appears to be a lot of carpeting.
There’s also no central air.
Will someone restore this home to its former glory?
And at what price?
Eloise Beard at Realty Associates has the listing. See the pictures here.
3418 W. Adams: 6 bedrooms, 4 baths, 3839 square feet, 4 car garage
- Last sold before 1990
- Lis pendens foreclosure filed in June 2012
- Currently listed as an estate sale and being sold “as-is” for $205,000
- Taxes of $1242
- No central air
- 4 fireplaces
- Crystal chandeliers
- Bedroom #1: 14×20 (second floor)
- Bedroom #2: 10×13 (second floor)
- Bedroom #3: 11×14 (second floor)
- Bedroom #4: 12×14 (second floor)
- Bedroom #5: 10×11 (second floor)
- Bedroom #6: 12×14 (third floor)
- Family room: 12×15 (main floor)
- Library: 12×15 (main floor)
SCARY!
It’s a cryin’ shame what’s happened to these neighborhoods. This neighborhood is closer to the loop than north center, with nearby parks, lots of open space, an older but well built housing stock, close to highways and public transportation and for many years in the not too distant past, it was moderate density urban living at it’s finest. Now it looks like Detroit, and urban wasteland. It really is such a waste, to have all this prime real estate, so close to the city, be underused. Land like this outside a similar european city would be very expensive and fancy; but in america the suburbs are nice and the urban core is desolate.
I agree HD if I were younger and single I might take a chance on this one. Cannot do so under today’s circumstances. I read somewhere that Garfield Park and Jackson Park are the next likely areas that investors and pioneers will target. That might have been fodder to fill a newspaper but as you said, well built housing stock close to highways, public transportation and down town. What a shame.
For $200k+ in this area buyers would expect an already rehabbed building. Or heck, an altogether new(er) building…
http://www.redfin.com/IL/Chicago/3123-W-Washington-Blvd-60612/home/21879097
Not worth the hassle living in this area
Thats why its so frickin cheap, i’ve been around here before and would say the worst parts are south of roosevelt but it would be pretty hard to live here if you were a white yuppie, perhaps some hipster pioneers will try it but I doubt it
Beautiful facade, but unfortunately it has everything else going against it, mainly being in no man’s land. What do you think this place will actually go for?
ChiBuilder – that new multiunit building is a much better alternative if you’re going to invest in the area, especially if the bank lets it go around that price.
That 3123 W. Washington is the ultimate FAIL. They built monstrosity of a multi-unit, in a bad neighborhood, on block where there are plenty of vacant lots, to maximum the amount of money they could greedily take from their buyers. And of course, this stupid plan FAILED miserably.
Guess who made the loan for this ridiculous project Bridgeview Bank Group
and now they’re chasing the developer for a $500k confession of judgment
https://w3.courtlink.lexisnexis.com/cookcounty/Finddock.asp?DocketKey=CABA0L0AFBBEJ0LD
Anyone with two marbles in their head, even in 2006-2008 when this deal was first starting to be put together, could look and say “ridiculous new construction in a bad neighborhood?”
I agree with HD. It’s sad to see these beautiful houses fall apart.
It’s been a while since I’ve been able to tour gentrifying neighborhoods on a bike – it’s a lot tougher to spend lazy weekend afternoons biking and drinking around the town – but I think EGP is a long way from gentrification. This is an overhead view two blocks west of teh United Center:
http://binged.it/XhaSuR
There’s a lot of vacant lots and blight to be seen. In this market that sort of gentrification is too speculative. The next places to go is avondale and northwest up the blue line/milwaukee ave. And then slowly albany park, and irving park (western ave to pulaski) which is just filling in the gaps at this point. Old Irving, Jeff Park, etc is already NW side nice; and wicker park, logan, bucktown has been gentrified or gentrifying for years. Avondale from roughly the belmont stop to the addison stop is a nice enough area to gentrify without having to try too hard. I’ve also heard that Ukrainan village is pretty gentrifed these days despite being west of western, up until about the park
But once you get west of the humboldt park, the blight is pretty apparent, with vacant lots and run down homes
http://binged.it/UKwLvb
hd- madison street there isn’t like that anymore, there is a huge development of townhomes and condos there now you have to go way west of western to find empty space like that now
http://yochicago.com/2200-madisons-homes-without-owners/7460/
oh but nobody wants to live there LOL!
Sonies, why did you have to link to *that* site – DB will appear and start spouting nonsense! why let the genie out of the bottle!
If I had way more cash than I do, I would consider buying this place as a very long term investment. The neighborhood is blighted, but there are so many good points (transportation, park, some very nice housing stock among the vacant lots) that would support a rebound it is hard to believe it won’t come back at some point.
Come on, people. East Garfield Park was named the most up-and-coming neighborhood in Chicago … in 2007. http://images.businessweek.com/ss/07/03/0307_nabes/source/3.htm. Buy now or … actually, you’ll probably be able to buy cheaply in this neighborhood for quite a while.
yeah sorry hd- it was the only site discussing the area i was talking about
makes me want to cry. Can a gigantic brick manse like this one be moved? If only…
Looks like the basement bar was the most used and cared for room in the house.
“This neighborhood is closer to the loop than north center.”
I’ll divulge a secret….the CPL Manning branch is the best/closest library to the southern GZ to get museum passes. Yeah, that’s right….nobody in the hood checks them out.
From what I can tell, EGP is the most dangerous neighborhood in Chicago. I used to cover crime for a media outlet, many years ago, and this neighborhood was one that really scared me when I had to go cover something there. The police station on Harrison, not too far away, was the most fortress-like and unfriendly of the many stations I spent time in (and I worked at stations all over the South and West sides – my job was to monitor police reports and get info from cops on crimes).
If I were building a new SFH, I would consider buying this place for parts…
“makes me want to cry. Can a gigantic brick manse like this one be moved? If only…”
Anything can be done for a price. The greystone below on South Michigan Ave would be a good contender for relocating the facade. My guess is the cost is prohibitive since the demo would have to be done by masons.
http://gapersblock.com/demolished/2012/01/3639-s-michigan-ave.php
“From what I can tell, EGP is the most dangerous neighborhood in Chicago. ”
Roseland is up there too, Englewood maybe. Seems like a crazy place to voluntarily live.
Not all old buildings need to be saved, especially ugly frame worker’s cottages that need extensive and cost prohibitive; but that michigan ave building is so nice, it’s such a shame to watch these classic chicago buildings destroyed. But it’s been generations since these were built and once an area goes bad it’s not likely to gentrify anytime soon; and the invention of the automobile and the interstate destroyed that dream. Now we have nice suburban subdivisions with arterial streets and lots of traffic and frame 1970’s homes out there. ergh.
“Seems like a crazy place to voluntarily live.”
Lots have left and moved to the suburbs.
“Now we have nice suburban subdivisions with arterial streets and lots of traffic and frame 1970?s homes out there.”
Nice? That’s why so many suburbs are declining and getting violent crime unheard of in the past. Nice suburban high schools now have metal detectors. Seventies-vintage suburban crapshacks need new siding and roofs, lanscaping, new concrete driveways and walkways, new patios….they’re money pits, and the newcomers don’t have the funds, and the suburbs decline.
Time to bust out the murderdex
The Index is murders since 2008 per 10,000 population based on 2010 census for each of the 77 Community Areas. The murderless at the bottom include population as a tie-breaker.
28.89 West Garfield Park
27.43 Burnside
24.79 West Englewood
23.00 Greater Grand Crossing
21.60 Riverdale
20.48 Washington Park
20.23 Englewood
19.93 East Garfield Park
15.98 Humboldt Park
15.71 South Chicago
15.59 North Lawndale
So WGP is actually the worse of the two
Thanks, Sonies. Now I definitely feel better about EGP and will consider moving there.
well at least now I know where they film the new CBS tv show Elementary?
just noticed the timestamp on the listing photos are from 9/27/12 did it really take that long to get it listed?
“Seventies-vintage suburban crapshacks need new siding and roofs, lanscaping, new concrete driveways and walkways, new patios….they’re money pits, and the newcomers don’t have the funds, and the suburbs decline.”
I was talking with a client today who owns in the south burbs; house worth far less than owed on the mortgage and in need of repairs. Cost to fix is more than client can afford. The cost to fix the home and make it nice is probably more than the cost of the home itself, and it’s like that in a lot of neighborhoods, so they stay crappy. Sort of reminds me of san francisco. Housing was crazy expensive but many homes had the ‘years of deferred maintenance’ look. Peeling paint, cracked concrete, ramshackle roof – but it would sell for $700,000. The owners/buyers/sellers had no money to pay for major maintenance after paying for the mortgage!
I grew up in the burbs so I have this mental picture of what the ‘burbs’ shoudl look like, but that notion is going on 20 years old, and is confined to the NW burbs. over the yeras I’ve been around to various places and many suburbs don’t fit that NW suburban mold – like the near western suburbs, all the south suburbs, some of the more run down places out west, nw. Not everywhere can be as nice as where I live now.
HD – Nowhere could be as nice as you live now? Where are you? Lakefront property in Winnetka?
Sorry – HD – I read too quickly. You said, “Not everywhere.” Well, I hope you live on Winnetka lakefront property, anyway.
I’ve read that the vast majority of violence and murder victims are active in the drug trade. Or perhaps in a close relationship with the attacker.
So if you’re a yuppie who minds his own business and doesn’t get involved in drugs or drug dealers, you’re odds of being a violent crime victim here are just as low as in say Bucktown.
Agree?
Brad F — while there’s probably some truth to what you say, the fact that someone is shooting a gun at a rival drug dealer does not mean that said dealer is the only person who will be hit by the bullets. Yuppies and their property also make attractive robbery targets for the drug addicts who tend to be proximate to drug dealers. I’d be very surprised if a yuppie’s chances of being a victim are the same in EGP as Bucktown.
I don’t know Brad. I wouldn’t want to risk it. I am also not sure how the neighbors would take to having a snooty yuppie move in. I also wouldn’t feel safe walking around a neighborhood where masses of young men were just hanging out on the sidewalk. If I walk a few blocks south from where I live to Pilsen, I see masses of these young man just standing around. They make me nervous, so I never walk my dog south of my house.
You also run the risk when living in a gang-filled neighborhood of getting hit by a stray bullet.
Are you crazy? Most crime is committed as opportunity crimes. For example, look at that yuppie over there. Lets go rob him at gunpoint. I have clients who work for a trade show contractor with a warehouse on the west side and they’re getting robbed and mugged all time even for simple things like getting gas. Your re like a sitting duck in those bad neighborhoods. Talk to any cop a d they’ll tell you to stay the hell away. You don’t belong there. The well to do have avoided the bad areas of town since the dawn of civilization. There’s a reason for that and it’s not just misperceived danger, it’s real danger. You got no business in the hood and your’re a great target.
I take it the neighborhood is no longer Irish. 😉 We lived over there when I was born, I was baptized at Lady of Sorrows. My mother bought my Communion suit at Madigan’s at Madison and Crawford.
Wow – you must really be an Old Man. That neighborhood has been 100% black for decades.
well, in case anyone wants to really know…
I’ve lived across the street from this property going on 13 years now. In my opinion this is the best part of EGP, it’s mostly owner occupied by retired professionals. It’s also not the whitest, (that’s Carroll st) but there’s probably 15-20 white people on the two blocks between Homan and Central Park.
Homan and Monroe was a drug dealing corner, but that was put a stop to last year. The city put more cops over here and it seems to be maing a small difference.
There’s quite a few of us that bought @ 2000, with our fingers still crossed. It’s almost like rural living, with plenty of room for parking and multiple extra lots for farming or whatever, and you have to drive to town when you need supplies. Plus the neighbors don’t complain about the rooster crowing.
I forgot the white pastor down the street who has like a dozen towheaded children. So it’s more like 30 white people. But I do agree that it’s a young person’s game to try gentrifying this area, , it’s not a job for the chatterati here.
All right – I stand corrected by db. It’s not 100% black. But I’m guessing it’s 99% black.
Census says: 91% black; 3% white; 4% Hispanic.
db, thanks for the insight… not being very familiar with the area (more of a south sider) I had always thought that the area of EGP abutting the Conservatory was the nice area. Care to share anymore info/stories about your decade of residency? For all the reasons everyone previously mentioned (beautiful building stock, park proximity, transit proximity, CBD proximity, Eisenhower proximity, cheap) I have always been keen on the neighborhood, but have never heard from anyone living there.
I might buy it just for the 4 car garage.
“I grew up in the burbs so I have this mental picture of what the ‘burbs’ shoudl look like, but that notion is going on 20 years old, and is confined to the NW burbs. over the yeras I’ve been around to various places and many suburbs don’t fit that NW suburban mold – like the near western suburbs, all the south suburbs, some of the more run down places out west, nw. Not everywhere can be as nice as where I live now.”
Wow, blanket statement there! ALL the south suburbs? I mean, I know Orland is strip mall crazy but the hood I lived in was a nice little “Wisteria Lane,” type hood, and I live in Palos Park now and have a horse and the woods back up to my backyard with miles of trails.
Horses?! I would give serious thought to the suburbs if I could own a horse. Mitch, do you have your own stable or do you board the horse somewhere?
dude- where to start? I could write a novel, if only I could write. Trying to limit it to factors of interest for potential buyers is impossible, this isn’t about in unit W/D, and parking and granite counter tops, or school quality, proximity to bars and restaurants, or how much to tip the doorman at Xmas.
It is such a different world over here. The dangers are vastly overstated, but the annoyances are of a wholly different character. It’s chip bags on the lawn and garbage pulled out of cans in search of aluminum. It’s being pulled over by the cops for driving while white. It’s the ignorance and desperation to get high on display near the liquor stores.
This street, however, is great. And the featured property looks absolutely beautiful out my window right now.
As for the housing stock, the grandest homes are on Jackson, Adams, & Monroe, with some true manses on Washington. I’ve seen some of the best torn down, too much maintainance for the old person that lived there. Nearer the Conservatory, (it’s just the park that seperates me from it, but it’s a BIG park), it’s mostly 2 flat graystones and the worker cottages on Carroll where all the artists buy for cheap.
Jenny,
“Horses?! I would give serious thought to the suburbs if I could own a horse. Mitch, do you have your own stable or do you board the horse somewhere?”
Well, I wouldn’t call it a stable, more of a single stall kind of “horse barn” as a matter of fact the thing is made to look like a barn (it was here when we bought the house, the horse was a rescue, I thought, I have a place for it, the old girl needs a home…I had no clue about horses, she just likes to hang out in our yard and occasionally go for a ride.) Like I said, we have miles and miles of trails here in Palos Park, a very over looked place (and thank God, not THAT many McMansions!)
Off-topic alert…..but does anyone have a recommendation for a good real estate attorney?
Thanks!!
@benji. Rachell M. Horbenko
Attorney at Law
Licensed Real Estate Broker
7527 N. Seeley Avenue
Suite 1
Chicago, IL 60645
773.818.9054 office/cell
866.381.4238 efax
Twitter: http://www.twitter.com/rachellhorbenko
Facebook: Rachell Horbenko or The Law Office of Rachell M. Horbenko
“We lived over there when I was born, I was baptized at Lady of Sorrows.”
Oldman….. google: our lady of sorrows sheen
watch the video, when men were men…
PS look at the pic at precisely 4:28, when adults were adults, not like the perpetual adolescents and idiots, morons, and all around childish douche-bags around today.
“The police station on Harrison, not too far away, was the most fortress-like and unfriendly of the many stations I spent time in.”
Wow, that’s right. known as harrison & kedzie to the lawyers and the cops. Even parking in that police station parking lot and walking to the court rooms is sketchy! LOL, how many police stations in America are like that? ha ha
That nails it. What Chicago really needs is an “annoyance index,” it could include the chip bags, Dibs insanity, gutters being stolen, etc. I’ll know Avondale has turned when I can keep a downspout on my garage for more than 48 hours.
“It is such a different world over here. The dangers are vastly overstated, but the annoyances are of a wholly different character. It’s chip bags on the lawn and garbage pulled out of cans in search of aluminum. It’s being pulled over by the cops for driving while white. It’s the ignorance and desperation to get high on display near the liquor stores. “
Redflin tells me this is contingent so someone has decided to take a chance. Maybe the cousins of Pullman Hobo?