Selling a 3-Bedroom Six Years Later in Ukrainian Village: 2408 W. Rice

2408 w rice

This 3-bedroom at 2408 W. Rice in the Ukrainian Village neighborhood of West Town recently came on the market.

This 12-unit building is on the corner of Rice and Western Avenue.

It was built in 2008-2009, just as the bust was hitting.

This unit is one of those on the curve, with a circular living room with floor to ceiling windows.

The kitchen has modern cabinets with wood and silver cabinets and stainless steel appliances.

The master bedroom has a spa-like bath.

It has the features buyers look for including central air, washer/dryer in the unit and parking is available for $25,000 extra.

It’s hard to believe that it’s now been 6 years since these units were originally on the market. We used to chatter about this building as being “new.”

With the parking included, this unit is listed for $66,000 more than the 2009 purchase price.

3-bedroom units are the most popular on the market right now.

Will this seller see the premium?

Leigh Marcus at @Properties has the listing. See the pictures here.

Unit #201: 3 bedrooms, 2 baths, 1800 square feet

  • Sold in March 2009 for $434,000 (included the parking)
  • Currently listed for $475,000 (plus $25,000 for the parking)
  • Assessments of $239 a month
  • Taxes of $4098
  • Central Air
  • Washer/Dryer in the unit
  • Bedroom #1: 15×12
  • Bedroom #2: 12×9
  • Bedroom #3: 11×10

 

8 Responses to “Selling a 3-Bedroom Six Years Later in Ukrainian Village: 2408 W. Rice”

  1. This block is wierd, the west of western part (bank & vet) is nicer than the east of western part (tattoo parlor and gas station)

    Good luck trying to get 500k for that place, while its nice, I would be surprised if this got over 450k

    VA:F [1.9.22_1171]
    Rating: -1 (from 1 vote)
  2. The broker advertises on those grocery separator things you put on the conveyor belt at check-out, at Mariano’s on Webster/Ashland. I bet that’s how he got the listing!

    VA:F [1.9.22_1171]
    Rating: +1 (from 7 votes)
  3. The pictures in the listing really show what a great view of Western you have from those floor to ceiling windows and balconies! Ick, Ick, Ick!!

    VA:F [1.9.22_1171]
    Rating: -1 (from 3 votes)
  4. Yes beautiful views of all the wierdos getting tattoos and transients hanging at the shell station

    VA:F [1.9.22_1171]
    Rating: -1 (from 3 votes)
  5. You could walk to the Western Ave. Metra stop. Think of the commute to the Loop! (or reverse commute to certain burbs).

    VA:F [1.9.22_1171]
    Rating: 0 (from 0 votes)
  6. Oops. I thought it was near Western and Grand, not Chicago Ave.

    VA:F [1.9.22_1171]
    Rating: 0 (from 2 votes)
  7. Google maps says .6mi (12min) walk to the Metra station. That certainly qualifies as “walkable” in my book. Or there’s the Western bus.

    VA:F [1.9.22_1171]
    Rating: +2 (from 2 votes)
  8. “The broker advertises on those grocery separator things you put on the conveyor belt at check-out, at Mariano’s on Webster/Ashland. I bet that’s how he got the listing!”

    Somehow I just can’t imagine Danny doing anything as mundane as shopping at Mariano’s.

    VA:F [1.9.22_1171]
    Rating: -1 (from 1 vote)

Leave a Reply