The Bank Has Owned This Luxury Condo for 2 Years: 1711 W. Division in West Town

1711 w Division

This luxury 2-bedroom at 1711 W. Division in West Town just came on the market.

The 12-unit modern building was built in 2007 with contemporary finishes.

This unit has a 42×9 balcony.

The kitchen has white Arclinea cabinets with Subzero and Miele appliances.

The master bathroom has an oversized shower with floating teak bench.

The unit has espresso stained wood floors and custom window treatments.

It has central air, washer/dryer in the unit and 1-deeded parking space is included.

A lis pendens foreclosure was filed in May 2012 and the bank took this unit back in May 2013.

But the bank waited over 2 years to re-list it.

The unit has come back on the market for $109,000 more than the 2008 purchase price.

Will it get the premium?

Michael Battista at @Properties has the listing. See the pictures here.

Unit #202: 2 bedrooms, 2 baths, no square footage listed

  • Sold in May 2008 for $590,000 (included the parking)
  • Lis pendens foreclosure filed in May 2012
  • Bank owned in May 2013
  • Just listed for $699,000 (includes the parking)
  • Assessments of $350 a month (includes exterior maintenance)
  • Taxes of $8167
  • Central Air
  • Washer/Dryer hook-up in the unit
  • Bedroom #1: 18×12
  • Bedroom #2: 12×11

 

8 Responses to “The Bank Has Owned This Luxury Condo for 2 Years: 1711 W. Division in West Town”

  1. I like the frosted crapper door in the master bath, I’m sure with the light on in there thats not creepy at all

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  2. So is the toilet behind the frosted glass then, or is that the door to the master bedroom? I can’t tell from the reflection if there is a toilet in that picture.

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  3. Why would someone choose to live here over that place in Lakeview on Lincoln? You could buy two units in that building for the price of just this one.

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  4. Should be in the 500s. Yawn.

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  5. so many restaurants around, why even bother shopping and cooking?

    Overpriced, again agree with Sid V.

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  6. “Why would someone choose to live here over that place in Lakeview on Lincoln? You could buy two units in that building for the price of just this one.”

    The last place many people want to live is on Lincoln or in Lakeview. I think this shower is fabulous, I like the open concept, I love the built in’s in the closet, but the assessment is high for this no landscaping building.

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  7. “so many restaurants around, why even bother shopping and cooking?”

    after some millennial or late gen X spends all their money on this condo, they won’t have any money left to eat out or shop.

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  8. “after some millennial or late gen X spends all their money on this condo, they won’t have any money left to eat out or shop.”

    I thought the baby boomers were all selling their suburban homes and moving into the city? Aren’t they loaded? All they had to do was buy a house in 1990.

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