Looking for a Buyer for this Vintage 2/2 in Andersonville: 1439 W. Catalpa

1439 w catalpa

This 2-bedroom at 1439 W. Catalpa in Andersonville came on the market in early July 2014.

However, the market time on the listing says 5 days because just recently it was withdrawn and re-listed for the exact same price.

It would seem to have everything going for it.

It’s the top unit with high ceilings and skylights.

The unit has 4 exposures thanks to the sunroom off the front of the building.

It has some of its vintage features intact including some crown moldings and exposed brick in the hallway.

The kitchen has maple cabinets, stainless steel appliances and granite counter tops.

It has the other features buyers look for including central air and a washer/dryer in the unit.

Not only does it have a parking space, it is garage parking (which would be welcome going into this upcoming winter.)

The unit has a prime Andersonville location, being just a half a block to all the shops and restaurants on Clark.

Andersonville was hot the last few years.

Has it cooled?

What will it take to sell this property?

Andre Nguyen at @Properties has the listing. See the pictures here.

Unit #3W: 2 bedrooms, 2 baths, 1590 square feet

  • Sold in July 1997 for $116,000
  • Sold in September 2004 for $337,500
  • Sold in August 2008 for $302,000
  • Originally listed in July 2014 for $325,000
  • Currently still listed at $325,000
  • Assessments of $390 a month (includes heat, water, electric)
  • Taxes of $3908
  • Central Air
  • Washer/Dryer in the unit
  • Garage parking
  • Bedroom #1: 18×11
  • Bedroom #2: 13×12
  • Sunroom: 11×11

15 Responses to “Looking for a Buyer for this Vintage 2/2 in Andersonville: 1439 W. Catalpa”

  1. “The unit has 4 exposures”

    So a unit that has a partly-notched in terrace has 3 exposures? Sure, it means the place catches a little early morning light for a longer part of the year, but … really?

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  2. Hooray – the old Crib Chatter is back!

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  3. Classic anon! Picking nits @ sabrina lol

    But I do agree, I wouldn’t say this has 4 exposures, thats a bit dramatic and like something a shady real estate person would do

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  4. “thats a bit dramatic and like something a shady real estate person would do”

    See, I stayed away from comparing Sabrina to shady realtards. You went there.

    I was posing a semi-serious question–does the mere existence of a single window (yeahyeah, this one has two) facing a direction = “exposure”?

    I think it’s like the “Lake Michigan View!!!” than you only get if you stand on the “Not a Step” step of an 8-foot ladder, on the balcony, and twist 120 deg to your left–Sure, the picture *was* taken from something you would own, but that’s not really a view.

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  5. Apparently what it will take is being featured on Crib Chatter, as it is under contract today.

    Also…WHAT? The old site is back? Are we getting the whole gang back together? This is awesome!! Where are stevo and groove and dz and bob and laura and blue lou and guitar murphy??!?

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  6. “But I do agree, I wouldn’t say this has 4 exposures, thats a bit dramatic and like something a shady real estate person would do”

    I go off of what it says in the listing and this listing says 4 exposures.

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  7. “Are we getting the whole gang back together?”

    Maybe some of them will feel a tremor in the housing world now that the original Crib Chatter is back and make an appearance. Wonders never cease.

    But some have been away for several years now. I wouldn’t hold my breath. I wish miu miu would come back though. We need more women on this site. We’re completely outnumbered.

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  8. Laura Louzader on August 26th, 2014 at 6:07 am

    I’ll be watching the “sold” listings to see the selling price for this property. I’m noticing many condos in Lakeview and Andersonville languishing on the market through the prime selling season, especially in the high-maintenance vintage high rises. Many have been on the market since late winter, and a number since late last year.

    The featured property is a very nice place- spacious, comfortable, nice room sizes, and enclosed parking which is a major plus- but not as attractive as many others of the same vintage in the same price range.

    If it could not sell at this price all summer, a price drop is in order. How about $275K? My feeling is that the runup in housing 2012-2013 is over, especially now that investors are pulling back. It has been noted by many housing observers that there was an extraordinarily high percentage of cash buyers, who are usually investors, who are now backing away because the deals are gone.

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  9. “My feeling is that the runup in housing 2012-2013 is over, especially now that investors are pulling back.”

    Yep. The price gains are done. And I’m also noticing quite a few properties (not just in the vintage highrises along the drive) lingering on the market. I’ve seen townhouses sitting there on the north side all summer long with no takers. Several of those have recently withdrawn from the market. Maybe they will try again in the fall? (but that means lowering the price- most likely.)

    The Chicago housing market has changed since last year. It’s gone cold again.

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  10. “this listing says 4 exposures”

    Which is typical puffery.

    As is the “1590”. The footprint of one-half of the building is about 1550–and that’s making no deduction for the central staircase, or the fact that the west side of th ebuilding has a 20’+ long notch inward (by ~5′ deep, so -100sf). So, the place is probably more like 1390.

    Still, I bet it goes for a bit over the ’08 price.

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  11. Love the “new-old” site, Sabrina. Thank you!

    Cribchatter meetup at Clio’s 1bd garden unit in East Garfield?

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  12. great to see the old format with the new math quiz.

    this place looks ok. wonder if BAZ is short for Basil

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  13. “at Clio’s 1bd garden unit in East Garfield?”

    Can we get there without being terrified on Western Avenue?

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  14. test.

    apparently 7-3 isn’t 4

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  15. The classic Cribchatter… looks great I might stop by more often!

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