This 2-bedroom in Crilly Court at 1708 N. Wells in Old Town just came on the market.
We’ve chattered about this complex many times since it was converted from apartments into condos right at the peak of the boom in 2007.
Built in 1866, it has two fireplaces, crown molding and a deck off the back of the unit that overlooks the courtyard.
The units sold quickly originally and prices have never looked back as not only has the complex held its value, but it has gone up in price even during the dark times of 2011-2012.
The collection of buildings is right in the heart of Old Town, near restaurants, shops, transportation and Second City.
This 2-bedroom with den has come on the market after a full kitchen renovation.
The original kitchen was the old dark wood cabinets with dark granite counter tops. The unit now has white custom cabinets and a big kitchen island with Carrera counter tops.
There’s a built-in Leibherr refrigerator, a BlueStar range, a Bosch dishwasher and Restoration Hardware finishes.
The unit has a custom in-ceiling speaker system throughout and new lighting in each room.
If you recall, there are only 8 parking spots in the courtyard and those sold originally with the larger 3-bedroom units.
So this unit doesn’t have parking. It is leased in the neighborhood.
It does have the other features buyers look for, however, including central air and washer/dryer in the unit.
The unit is listed at $615,000 or $104,000 more than the 2013 sales price. This would be a new record sales price for a 2/2 unit on the Wells Street side of this complex.
Will it get the premium?
Phyllis Hall at Berkshire Hathaway KoenigRubloff has the listing. See the pictures here.
Unit #3: 2 bedrooms, 2 baths, 1520 square feet
- Sold in July 2007 for $461,000
- Sold in March 2013 for $511,000
- Currently listed for $615,000 (with a new kitchen)
- Assessments of $442 a month (includes exterior maintenance, lawn care, scavenger, snow removal)
- Taxes of $8214
- Central Air
- Washer/Dryer in the unit
- No parking- it’s leased in the neighborhood
- Bedroom #1: 12×17
- Bedroom #2: 11×13
- Family room: 10×15