3041 n honore approved

2-Bedroom North Center Cottage Back On the Market 4 Years Later: 3041 N. Honore

Mar 21 • North Center, Single family homes • 1055 Views • 19 Comments

This 2-bedroom vintage cottage at 3041 N. Honore in North Center just came on the market.

If it looks familiar, it’s because we last chattered about it in 2010.

See our August 2010 chatter here.

When it sold that August, there was an interesting discussion in the comments about the overall market conditions and FHA loans.

Built in 1898 on a 15×118 lot, it has a fully enclosed backyard but no garage or parking as the house abuts the Metra tracks in the back.

The kitchen has white cabinets and white appliances with a tile backsplash.

The second floor has 2 bedrooms and a full bath with skylights.

The house has central air and a basement, but it’s unfinished.

The 2010 seller saw 22.5% appreciation on the 2003 purchase price despite the Great Recession.

This seller has listed it 17.8% above the 2010 price, at $444,000.

Is the market hot enough to support the price hike?

Nunzio Castellano at Coldwell Banker has the listing. See the pictures here.

3041 N. Honore: 2 bedrooms, 1.5 baths, 1092 square feet

  • Sold in February 1997 for $102,500
  • Sold in June 2003 for $310,000
  • Was listed in June 2010 for $379,900
  • Sold in August 2010 for $377,000
  • Currently listed for $444,000
  • Taxes now $6227 (they were $4446 in August 2010)
  • Central Air
  • No parking
  • Bedroom #1: 11×13 (second floor)
  • Bedroom #2: 10×13 (second floor)

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19 Responses to 2-Bedroom North Center Cottage Back On the Market 4 Years Later: 3041 N. Honore

  1. Ryan60657 says:

    “Built in 1898 on a 15×118 lot”

    The lot is only 15′ wide? Must be a typo.

  2. anon (tfo) says:

    “The lot is only 15? wide? Must be a typo.”

    Yeah, def 25′ here. There are some 18′ lots in row house spots closerto the loop.

  3. homedelete says:

    The first floor of this house is a whopping 660 sq ft. Plus the upstairs dormered bathrooms. Add in two dormered bedrooms up stairs and you get the whopping 1,092 sq feet. The yard looks SOOOO long because the foot of the house only goes back maybe 40-50 feet? The lot isn’t even a standard 25×125.

    $444,000? This is a tear down.

  4. anon (tfo) says:

    “$444,000? This is a tear down.”

    It was a tear down each of the 3 prior sales, too, but there’s only so much market for goofy $1m+ places like next door, which is the only way to justify a $400k lot.

    The posts supporting the beam shouldn’t be on ‘risers’ like that, even if they are adequately bolted in. Recipe for a big problem.

  5. Sabrina says:

    “It was a tear down each of the 3 prior sales, too, but there’s only so much market for goofy $1m+ places like next door, which is the only way to justify a $400k lot.”

    I would think it would be an AWFUL candidate for a teardown. There is NO parking. And unless you get the city to agree to front facing (which is very hard to get the city to agree to) no matter what they build here it would have NO PARKING.

  6. Sabrina says:

    “The lot is only 15? wide? Must be a typo.”

    Yeah- sorry, it’s 25×118.

  7. Sid V says:

    I wouldn’t pay 350K for this shack personally.

  8. CH says:

    tfo, is this nort center or north lanthrop?

  9. anon (tfo) says:

    “is this nort center or north lanthrop?”

    I say the black heart of NorthCostCo.

    Actually–by no conscious intent–drove past this weekend. There is another cottage two or three houses north with a for sale sign–but I can’t quickly find the listing.

    Also, the place to the left in Sabrina’s pic has a curbcut and street facing garage–along with a double lot. The two teardowns sold for $240 (in ’00) and $280 (in ’03).

    It’s also just up the street from this place: http://cribchatter.com/?p=8907 which apparently sold in Mar-11 for $1.375 and is now complete and apparently lived in.

  10. CH says:

    I saw that big 1.375 monster from the train a few months back. looks pretty cool. though does back up to the train.

  11. anon (tfo) says:

    “I saw that big 1.375 monster ”

    1.375 + at least tens (prob hundreds) of thousands to finish it.

  12. Sabrina says:

    “Also, the place to the left in Sabrina’s pic has a curbcut and street facing garage–along with a double lot.”

    Yes- a DOUBLE lot. I doubt the city would allow it with the single lot in this location.

    But what do I know? I saw a house in Lakeview go under contract almost immediately that backs up on a smaller than normal lot right on the Red/Purple line.

    Yeah- that’s how I want to spend all my days and nights- listening to the red line just a few feet from my windows.

  13. Sabrina says:

    “Is this nort center or north lanthrop?”

    There is no such thing as “north lanthrop” so I don’t know what you’re talking about. This is just a block south of Belmont. If it was on the east side of the train tracks, instead of the west, it would be considered Lakeview. If it was a little more to the west it would be Hamlin Park neighborhood of North Center.

  14. CH says:

    there is a north lantrop but you only know about it if you’ve got a bizarro memory of the comments people have made here over the years. it’s kind of like Mrs Ze’s hysterectomy

  15. anon (tfo) says:

    “there is a north lantrop but you only know about it if you’ve got a bizarro memory of the comments people have made here over the years.”

    Some have access to the source code for the CC wiki. Unfortunately, Icky has never gotten off his ass to get it running.

    Of course, it is fair to note that it is Lathrop, not Lanthrop. And to the extent that North Lathrop is recognized (kinda, but not really at all, like recognizing Russian Crimea) it is located entirely west of Damen, just like Lathrop. Like I said: this is NorthCostCo (or NW LincolnPark, or “steps from SoPoCo” or “convenient to the lava-hot Clybourn Corridor” or or or).

  16. CH says:

    icky better get movin bc my memory is fading fast.

    Whatever happened to G, I don’t think he’s posted since late 2012

  17. anon (tfo) says:

    “Whatever happened to G, I don’t think he’s posted since late 2012″

    Cashed out his post-crash bottom feeding in ’13 and moved south with Ze.

    It’s a theory, at least.

  18. Tony says:

    Here’s the best comp to date: http://www.redfin.com/IL/Chicago/3115-N-Honore-St-60657/home/13359712

    Abutts the rail and is a tiny footprint, albeit larger than the subject of this discussion.

  19. GMO says:

    The house is actually very charming. It’s a cute starter home. The yard is nice and the front porch is sweet. It’s good for a young couple before they have kids or with a toddler. The house can’t accommodate much more than that. As for the curb cut next door, all new builds in the city must have off street parking. So, the city has to give you a curb cut but they make it as small as possible and give you grief about trees. You have to pay for any tree that is being torn down irrespective of the horrible condition it may be in because the city doesn’t take care of the parkway trees.

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