A Loft House With a 40 Foot Indoor Lap Pool in Lakeview: 1225 W. George

1225-w-george

This 5-bedroom single family loft-like home at 1225 W. George in Lakeview came on the market in July 2016.

I believe this was an old warehouse as the 1997 seller was Culinary Foods Inc.

The listing says it was transformed into a single family home in 1999 by architect Larry Booth and has won architecture awards.

It is built on an irregular lot with 75 feet of frontage but measuring 75 x 102.4 x 87.99 x 56.4.

It has concrete beamed ceilings and concrete slab floors with radiant heat along with exposed brick walls.

The master suite has a private outdoor terrace and also looks into the 40 foot indoor lap pool.

The kitchen has luxury stainless steel appliances and seamless granite counter tops.

4 out of 5 bedrooms are on the second floor with the 5th bedroom actually a huge studio on the main level. The listing says it could be a playroom, a nanny’s room or a 5th bedroom. That studio also has a kitchenette.

It has a 2-car attached garage and air conditioning.

It listed at $3.995 million and has not done any reductions.

At this list price, it would make it one of the most expensive single family homes in this part of Lakeview.

Will they get the price?

Joanne Nemerovski at Berkshire Hathaway KoenigRubloff has the listing. See the pictures here.

1225 W. George: 5 bedrooms, 5.5 baths, 7400 square feet, 2 car garage

  • Sold in July 1997 for $114,500
  • Then renovated into a single family home in 1999
  • Originally listed in July 2016 for $3.995 million
  • Currently still listed for $3.995 million
  • Taxes of $35,492
  • Central Air
  • Studio with a kitchenette
  • Bedroom #1: 22×19 (second floor)
  • Bedroom #2: 16×13 (second floor)
  • Bedroom #3: 16×9 (second floor)
  • Bedroom #4: 23×13 (second floor)
  • Bedroom #5 (studio): 30×22 (main floor)

 

24 Responses to “A Loft House With a 40 Foot Indoor Lap Pool in Lakeview: 1225 W. George”

  1. Nice transformation, very cool place and I like the location. Unique certainly, but perhaps not 4 million bucks unique. With that lot size I am surprised it is only a two car garage, those who can afford that typically also have a lot of “toys”.

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  2. IM GETTING MY BIKINI OUT. LETS RAWK!!! WHO WANTS AN OLD STYLE LOLZ???

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  3. Shouldn’t the taxes be waaaaaaay higher? such bullshit

    rich fuckers don’t pay shit while people like me get reamed so that we can pay for people who aren’t working

    yay Illinois

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  4. Assessor’s site says estimated market value is $944,810.

    $4M seems too high, even with new SFH going for close to $2M in this area.

    Maybe the agent saw the insanely listed condo nearby that was on CC a few weeks ago:
    https://www.redfin.com/IL/Chicago/1348-W-Wellington-Ave-60657/unit-3/home/12771191

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  5. If you can write the office space off,

    No idea whats in the turret

    The lap pool with the operable window makes me believe that there are Humidity issues in the summer

    Is the SS backsplash not flat?

    The fireplace Rocks – not sure the finish but its great. Can see me cracking a few of Old Style tall boys with a couple of trixies, cranking out some Jan Terri

    Handrails dont meet code

    Wonder how much of this space you can claim as office?

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  6. “Assessor’s site says estimated market value is $944,810.”

    That would be maybe $18k in taxes. Must be two parcel numbers …[checking]…yeah, also 1229 W George, with an estimated MV of $1,018,310.

    $1.95m assessor’s value isn’t kookoo, given that it’s an unusual property.

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  7. Great looking place!

    Agree with Sonies on the taxes; I’m paying close to 3% annually (based on my purchase price 1-1/2 years ago in an area where property values haven’t gone up much). Just got my reassessment that shows an assessed value 45% higher! If my appeal doesn’t succeed, I could end up paying taxes 80% of this property’s, on a home worth less than 25% of this one’s price!

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  8. “I’m paying close to 3% annually (based on my purchase price 1-1/2 years ago”

    You must have gotten a really good deal!

    Taxes (15, pay 16) “should” be about 1.81% of assessor’s value. If your purchase price is 40% less than AMV, and then the AMV is going up 45% from that, you must’ve gotten a screaming deal (compared to “similar” properties).

    That, or there is some sort of crazy error in the assessor’s info about your property.

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  9. I’m jut grumpy that my property taxes went up by 30%. We don’t get any extra services and the police are slower than ever to respond. My friend called the police when she saw a woman being attacked at Montrose Beach and the police took 30 minutes to arrive. All they care about is getting their massive pensions.

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  10. “All they care about is getting their massive pensions.”

    yep I don’t mind paying taxes for services, however the services have gone to shit all so I can pay for some jerk to move to Florida

    If you move out of state they IL or Chicago should tax your pension disbursements, its total horse shit

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  11. The pool is a silly, smelly extravagance. Otherwise this place is awesome.

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  12. “If you move out of state they IL or Chicago should tax your pension disbursements”

    Unfortunately, federal law prohibits that:

    https://www.law.cornell.edu/uscode/text/4/114

    Even then, IL *still* should start taxing retirement income, with some reasonable exclusion (probably the SS max benefit, which would keep it partly indexed).

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  13. i was in the boundary waters a few years ago. the guy with the biggest boat driving in the non-motorboat lake had a big ole’ CFD sticker on the back of his truck. i pointed out to our guide that my tax dollars paid for that guys big pension to buy that boat and here he is acting like an ahole. the guides jaw dropped and said he had no idea that in big cities firemen earned enough to buy $100,000+ boats!

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  14. “he had no idea that in big cities firemen earned enough to buy $100,000+ boats!”

    And that’s the ones *without* good side businesses.

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  15. “All they care about is getting their massive pensions.”

    You can become a police officer. If it’s so wonderful and easy and they retire on easy street- please, by all means, do it.

    I hate the bitching when not a single one of you could even lift a fire hose let alone rescue anyone in a burning building.

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  16. “And that’s the ones *without* good side businesses.”

    Good for them. It must be hell to be a full time fireman, go out on their boats AND rue a “good side business” that makes money. How creative and innovative.

    Anyone who puts that much time into their endeavors deserves everything they get. Most people work 9 to 5, go home and watch television or surf the computer. They have no idea what it’s like to have 2 jobs.

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  17. i was in the boundary waters a few years ago. the guy with the biggest boat driving in the non-motorboat lake had a big ole’ CFD sticker on the back of his truck. i pointed out to our guide that my tax dollars paid for that guys big pension to buy that boat and here he is acting like an ahole. the guides jaw dropped and said he had no idea that in big cities firemen earned enough to buy $100,000+ boats!

    There are only 3 or 4 lakes where you can run unlimted HP motors in the BWCA. A $100k boat driving on a 25/10 hp lake aint going to happen.

    If the guy was driving on a non-motorized lake or was driving on a smaller HP lake there is a less than zero chance that the locals wouldn’t have called the multitude of LEO agencies and had him arrested and his boat impounded. Locals would have slashed his truck and trailer tires for good measure

    Guessing you were on Crane

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  18. We were on Farm Lake, one of four lakes as part of the White Iron Chain of Lakes. There are no motorized restrictions on three of the four lakes, except for South Farm lake, because it’s in the Boundary Waters, and it has a 25 hp limit in addition to requiring a permit. This guy obviously didn’t have a permit or a less than 25hp boat.

    To finish up the story, since you asked, the guy realized pretty quickly that he had entered a restricted area because the handful of people around on boats and on the dock were signaling him to get the heck out of there, which he did, he wasn’t like just hanging out in there. He was an ahole for not paying attention and cruising around South Farm Lake for a few minutes with a big ahole boat.

    Not too long later he docked and came over to my guide and I. The CFD boater didn’t quite apologize but just tried to explain that he didn’t know it was a restricted area. It’s was easily the nicest boat on the lake and was total overkill for a fishing boat.

    South Farm Lake isn’t the most boundary water of all the boundary water lakes, but our trip was only two nights with only a handful of small portages due a temporary disability of one of the members of our party, but regardless, it was still the boundary waters.

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  19. Oh yeah because getting a fireman job is so freakin easy in this city… give me a fucking break, you have to be related or have some serious clout to even be considered since its such a sweet, cushy job

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  20. I want this house. I love it but agree it is over-priced for sure. Taxes would have to triple if you were dumb enough to pay this ask.

    Swimmer here though – – that ain’t a lap pool. A lap pool should be at least 75 feet (25 yards). This is flip turn practice and pretty f’n dangerous flip turn practice since the bottom and walls don’t appear to have the standard markings. Hello heels smashing onto the lip of the pool!

    I still love it but would try to get some pretty fabulous jets installed at either end and turn it into a swimmers’ treadmill that two folks could use at once. :)

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  21. A gym acquaintance of mine was CFD. He retired early because his lungs were messed up from all the smoke he inhaled from all of the years of running into burning buildings. He started in the days before oxygen masks were the standard.

    Another acquaintance of mine is medically retired CPD. She got t-boned on her side while on a call. It was done by a private individual who failed to yield the right of way to the police car. She had surgery and has never been back to 100% since.

    Please, do go on some more about how cushy the CFD/CPD have it.

    I also find it ironic that there’s resentment for these retirees who did what they’re supposed to do in order to find success: work their asses off with a job and a side job. I mean, that’s the American dream, isn’t it? Work hard to get wealthy, or so I thought?

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  22. “Work hard to get wealthy, or so I thought?”

    The Chicago way – get a clout job, milk the government, get some on the job injuries and collect comp,then get a cushy retirement

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  23. Growing up in Edison Park most of my neighbors were CPD CFD or CPS. They all worked hard. Some had side businesses some did not. But most of them did not realize how well off they were becoming.

    With those great pensions and many companies moving toward 401k’s they were pulling way out of ahead of the pack. That extra income (in retirement) is the equivalent to the first housewives on the block with a fill time HOB and second income. It truly changes retirement.

    When my mother needed to move to a skilled care home there was a long application form. They wanted assets listed etc. Once they learned she was retired cps teacher they chased us to the short form.

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  24. Closed for 3.6 on 2/22

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