Just In Time for Santa, the Best Lincoln Park Deal of 2015: 1434 W. Wrightwood

1434 w wrightwood

This 2-bedroom townhouse in the Embassy Club at 1434 W. Wrightwood in West Lincoln Park just came on the market.

It is bank owned.

The listing says it is 1500 square feet.

The kitchen has white appliances and what looks to be intact cabinets.

The bathrooms also appear to be intact.

It’s being sold “as-is”.

There is central air and a 1-car attached garage.

This complex is kitty-corner from Wrightwood Park, which has an outdoor swimming pool, a children’s playground, and a running track.

Listed at just $394,900, a sales price under $400,000 would be a 2011-type price in this complex even though this is one of the smaller 2-bedroom townhouses.

The townhouses in the Embassy Club usually sell at $450,000+.

Is the bank underpricing it to spur a bidding war?

Linda O’Donnell at Re/Max Signature has the listing. See the pictures here.

By the way- I don’t know where Redfin is getting the prior sales listing information for this property because the public record doesn’t have the prior sales that Redfin has.

1434 W. Wrightwood: 2 bedrooms, 2.5 baths, 1500 square feet, 1 car attached garage

  • Sold in September 1993 for $341,500
  • Lis pendens foreclosure filed in August 2011
  • Bank owned in October 2015
  • Currently listed “as-is” for $394,900
  • Assessments of $418 a month (says it includes cable but with bank owned listings this isn’t always correct)
  • Taxes of $9275
  • Central Air
  • 2 fireplaces
  • Bedroom #1: 15×12
  • Bedroom #2: 14×11

 

10 Responses to “Just In Time for Santa, the Best Lincoln Park Deal of 2015: 1434 W. Wrightwood”

  1. Great deal, should sell quickly

    VA:F [1.9.22_1171]
    Rating: -3 (from 5 votes)
  2. clean that camera lens

    VA:F [1.9.22_1171]
    Rating: +4 (from 8 votes)
  3. This is an amazing deal for this complex. I’d be shocked if there wasn’t 10+ offers on it at this price.

    VN:F [1.9.22_1171]
    Rating: -2 (from 8 votes)
  4. “By the way- I don’t know where Redfin is getting the prior sales listing ”

    The address is the assessor’s address for half a dozen units; and RF has the incorrect parcel number, too. Since I presume RF pulls info semi-automatically, there just wasn’t a reality check.

    I also only see the ’93 deed, and the ’05 mortgage that was foreclosed on was for $500k, which was used to refi $397k in mortgages from ’04.

    VA:F [1.9.22_1171]
    Rating: 0 (from 2 votes)
  5. clean that camera lens

    Yeah, I mean, I get that it’s bank-owned and they’re not gonna spring for professional photos, but my 9-year-old niece can take better pictures with her phone, fer chrissakes.

    VA:F [1.9.22_1171]
    Rating: +1 (from 3 votes)
  6. ok for real I think the banks are doing the bad pictures for a reason… what reason I don’t know… but cman those are so almost comically bad

    VA:F [1.9.22_1171]
    Rating: 0 (from 2 votes)
  7. Looks like finished sq footage is 2,664, based on tax records.

    VA:F [1.9.22_1171]
    Rating: 0 (from 2 votes)
  8. Weird, two PIN #s referenced in the listing.

    Public Records at the bottom of the Redfin page lists this APN 14293022560000 and it comes up as fee simple Property Class: 2-95 with 2664 sq ft. But a different picture on the Cook County website.

    However at the top of the listing, This PIN: 14293023581007 is noted, which comes up as a condo Property Class: 2-99 with the correct picture on the County website.

    VA:F [1.9.22_1171]
    Rating: 0 (from 2 votes)
  9. The first pin is for 2613B N GREENVIEW which is basically due north of this. The addresses mismatch pins quite a bit in Embassy Club.

    VA:F [1.9.22_1171]
    Rating: 0 (from 2 votes)
  10. The bank doesn’t take the photos and has nothing to do with the accuracy of the listing – that’s all the listing agent.

    VA:F [1.9.22_1171]
    Rating: 0 (from 0 votes)

Leave a Reply