20 Foot Ceilings and City Views in Lincoln Park: A 2-Bedroom at 2343 N. Greenview

2343-n-greenview-approved

This 2-bedroom duplex at 2343 N. Greenview in West Lincoln Park came on the market in July 2015.

The listing says it is an “architect designer rehab”.

It has 20 foot ceilings in the living/dining/kitchen with dark espresso wood floors and south city views.

The listing says the kitchen has been “newly remodeled.” It has white cabinets, stainless steel appliances and granite counter tops.

There is just one bath but it is “newly remodeled” with 2 sinks.

Both bedrooms and a den are on the second floor.

This unit has central air and gated, secured parking is included. But it doesn’t appear to have in-unit laundry.

It has been listed for more than 75 days and been reduced $24,000.

Buyers love move-in ready properties. So why isn’t this selling?

Frank Mitrick at Real Tek Realty has the listing. See the pictures here.

Unit #212: 2 bedroom, 1 bath, 1400 square feet, duplex up

  • Sold in April 1993 for $170,000
  • Sold in June 1996 for $177,500
  • Originally listed in July 2015 for $359,000
  • Reduced
  • Currently listed at $335,000
  • Assessments of $255 a month (includes water, security system, exterior maintenance, scavenger, and snow removal)
  • Taxes of $4396
  • Central Air
  • No washer/dryer in the unit
  • Gated parking included
  • Bedroom #1: 18×18 (second floor)
  • Bedroom #2: 10×10 (second floor)
  • Den: 10×8 (second floor)

 

10 Responses to “20 Foot Ceilings and City Views in Lincoln Park: A 2-Bedroom at 2343 N. Greenview”

  1. Reminds me of my first apartment in Chicago….and has some of the same finishes including those railings on the loft area. Sure some things have been updated but still feels like a rental to me. Also I was willing to deal with it at 25 in a rental but not sure if I would have been willing to deal with it as an owner any older than 25…..running upstairs to use the bathroom all the time.

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  2. “So why isn’t this selling?”

    Because very little is selling these days in Chicago. The market is broken. Places are sitting for longer, and finally new listings appear to be far outstripping properties coming under contract. On the price front, Chicago prices dropped the most in July (well really an aggregate of May, June, July) than any other city:

    http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2015/09/chicago%20prices.jpg

    But the real-estate lobby was successful in getting the media to ignore these Seasonally Adjusted Numbers and instead report the NSA figures which were marginally up. Yay, everything is healthy! It’s amazing when you then see in the winter months that the media reports price-drops are due to seasonality, but ignore that same seasonality in the warmer months.

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  3. No in-unit washer/dryer and only one bathroom. Who could live like that?

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  4. “The listing says it is an “architect designer rehab”.”

    and they still used vertical blinds? designer should be fired.

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  5. Vertical blinds? Oh, the humanity!

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  6. I agree that vertical blinds are terrible in general but even more so for a designer.

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  7. @jenny CUSTOM Vertical binds even!

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  8. Is that walkway there just so you can go close the ( CUSTOM Vertical) blinds and maybe the windows??

    If so, that’s dumm.

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  9. wonder if its a code thang

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  10. I wonder why it is not under contract thus far. There has to be a problem somewhere. There isn’t any other reason for this property being unsold.

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