Rare Lincoln Park 2-Bedroom Coach House With Parking Still Available 2 1/2 Years Later: 2616 N. Orchard

We last chattered about this 2-bedroom coach house at 2616 N. Orchard in Lincoln Park in April 2010.

See our prior chatter here.

The discussion was dominated by a microwave apparently in a sink (not sure I see that in the current pictures however.)

I think this coach house has been under contract in the past but it has obviously never closed.

It is now a short sale and is being sold “as-is.”

The listing also says it “needs TLC.”

For those of you with Redfin accounts, check out the latest Redfin agents comments for more on how the property presents itself.

If you recall, this coach house has 2400 square feet on three levels.

Last time we chattered about it, it was a 3-bedroom but now it is a 2-bedroom with a loft.

It has a rare amenity for coach houses, however, which is parking. But according to the Redfin agent notes, a unit in the condo association in the front building also has one space in the coach house parking garage.

The coach house has a wood burning fireplace in the living room and a fireplace in the master suite, which also has cathedral ceilings and a skylight.

Two bedrooms are on the second floor and there is a loft on the third.

There are also multiple private decks and a patio.

The coach house has central air.

A lis pendens was filed in May 2010.

It was recently reduced another $25,000 to $425,000.

What price will finally sell this property?

Or will the bank take it back first?

Karen Pence at @Properties now has the listing. See the pictures here.

Unit #4: 2 bedrooms, 2.5 baths, 1.5 car garage, 2400 square feet, coach house

  • Sold in September 1989 for $576,000(typo? Should maybe be $376,000)
  • Sold in October 1999 for $448,000
  • Was listed in April 2010 for $598,000
  • Lis pendens filed in May 2010
  • Reduced numerous times
  • Currently listed as a “short sale” for $425,000
  • Assessments still $135 a month
  • Taxes are now $8287 (they were $7834 in April 2010)
  • Central Air
  • Wood burning fireplace
  • Bedroom #1: 15×13 (second floor)
  • Bedroom #2: 13×10 (second floor)
  • Loft: 12×9

 

8 Responses to “Rare Lincoln Park 2-Bedroom Coach House With Parking Still Available 2 1/2 Years Later: 2616 N. Orchard”

  1. I don’t *feel* the 2400 space in the photos.

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  2. Feels cramped, and the kitchen is pretty bad. Lots of money to put into the kitchen and the bathroom that’s shown.

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  3. “Sold in September 1989 for $576,000(typo? Should maybe be $376,000)”

    MLS had it sold 9/27/89 for $288,000.

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  4. I take property posting are gonna be rather slim this time of year?

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  5. The redfin agent notes are kind of telling on this one.

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  6. “The redfin agent notes are kind of telling on this one.”

    Assuming the notes are for the correct listing, see last paragraph:
    http://www.chicagonow.com/adventures-house-hunting/2012/11/voted-most-likely-to-become-a-realtor/

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  7. “I take property posting are gonna be rather slim this time of year?”

    Do you read the news?

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  8. I would be interested in what kind of animal urine the place smells like. Could make a big difference whether it can be fixed. Maybe this is Big Momma’s House and she had some issues with bladder control? Not a bad guess considering some of the decorating. “I’m not even wearing a clean pair of Granny panties.” Gotta love Martin Lawrence!

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