Now’s Your Chance to Buy in the Carl Street Studios: 155 W. Burton in Old Town

155 w burton

 

This 4-bedroom in the Carl Street Studios at 155 W. Burton in Old Town recently came on the market.

The Carl Street Studios is one of the most unique properties in Old Town.

Originally built as a mansion in the 1880s, it was converted into the “studios” in 1927. There are only 15 units.

Each one is unique with its own lay out.

This is one of the larger units with 5,000 square feet.

It has a dramatic two story stained glass window in the living room.

The unit has carved doors, built-ins and the mosaics that are famous in these units.

The kitchen is designed to fit in with the house with what looks like custom wood cabinets and stainless steel appliances.

It has a private 22×31 roof terrace and a library.

There are also 5 fireplaces.

While it has central air, there is no parking with this complex. The listing says there is 2-car parking a half a block away for $450 a month.

Will the hot market mean a quick sale for this unique property?

Mille Rosenbloom at Baird & Warner has the listing. See the pictures here.

Unit #7: 4 bedrooms, 4 baths, 5000 square feet

  • Sold in March 2003 for $1.8 million
  • Currently listed for $1.5 million
  • Assessments of $3676 a month (includes heat, water)
  • Taxes of $28,168
  • Central Air
  • Washer/Dryer in the unit
  • No parking- but 2 spots available a half a block away for $450 a month
  • 5 fireplaces
  • Bedroom #1: 11×19 (main floor)
  • Bedroom #2: 13×19 (third floor)
  • Bedroom #3: 18×11 (third floor)
  • Bedroom #4: 14×18 (third floor)
  • Library: 7×26

 

6 Responses to “Now’s Your Chance to Buy in the Carl Street Studios: 155 W. Burton in Old Town”

  1. I guess they’re idiots.

    “If you’re not selling for more, much, much more, then you are an idiot.”

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  2. I financed a unit in this building a couple of years ago. Getting a mortgage might be difficult as the building was considered non-warrantable then because one owner owned like five or six of the units. Banks don’t like it when one person / entity controls more than 10% of the development.

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  3. Holy mosaic tile batman! It’s definitely a cool and unique place with a nice outdoor area. The beautiful stained and leaded glass windows with the dramatic cathedral ceilings and old world woodwork seem to clash with all the tile, in my opinion. Is that a “thing” and I just missed it?

    Those assessments sound crazy to me, but surely that leads to some downward pressure on the list price (I’m sure that at least the HOA is “more, much, much more” than 2003! hahaha). Maybe it doesn’t make sense logically, but I personally wouldn’t like having a $12k/month housing expense and only ~$6k of that going towards my actual mortgage…

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  4. “I guess they’re idiots.”

    Or that 2003 price was INSANE. Or this isn’t really the GZ.

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  5. Maybe they can have a mosaic tile sale to help with the assessments. The no parking for that kind of money would turn me off completely. Plus no lake view. Who cares about the view of sandburg terrace. Pass.

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  6. Thanks for the look inside this property. I personally like that the street in front’s a pedestrian plaza, but I imagine that might not be terribly convenient for everyone.

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