We last chattered about this 3-bedroom penthouse loft at 3133 N. Lakewood in Lakeview in June 2013.
See our previous chatter here.
At that time, it had come on the market for $110,000 more than its 2010 purchase price at $710,000.
Some of you thought it was overpriced.
It is still on the market and has reduced $55,000 to $645,000.
If you recall, it has 15-foot ceilings and walls of windows with southeast views of the city.
The loft doesn’t have any of the features you’d find in an older loft building such as walls of exposed brick (there is one wall of bricks in one of the bedrooms but it doesn’t look like it is original to the building.)
It has luxury finishes in the kitchen including Viking and Bosch appliances.
There is a 40 foot private deck, along with 1-car parking.
The loft has other features buyers look for including a full-sized laundry room and central air.
If a property in the GreenZone doesn’t go under contract within two weeks of listing, should it be reduced immediately?
Michael LaRocque at Present Value Realty still has the listing. See the pictures here.
Unit #PH-S: 3 bedrooms, 2 baths, 1600 square feet
- Sold in June 2008 for $600,000
- Sold in June 2010 for $600,000
- Was listed in June 2013 for $710,000
- Currently listed for $645,000
- Assessments of $289 a month
- Taxes of $6913
- Central Air
- Laundry room: 8×8
- Bedroom #1: 14×13
- Bedroom #2: 16×10
- Bedroom #3: 12×11