Is It a Buyers Market in Luxury Housing? 305 W. Fullerton Parkway in Lincoln Park

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This 4-bedroom in the Aztec at 305 W. Fullerton Parkway in Lincoln Park came on the market in September 2016.

The Aztec was built in 1916 and has 16 units with an elevator.

It fronts Lincoln Park and is also just steps away from the Lincoln Park Conservatory and the Lincoln Park Zoo.

This unit is one of the big grand units that would have been built at that time, with an entry foyer and a gallery.

The 4 bedrooms are all big and are all en suite, with one of them having a jack-and-jill bathroom.

The master suite has a large bathroom with heated floor, separate shower, a bubble jet tub and a custom walk-in closet.

The listing says the kitchen has been “rehabbed” with white cabinets and Viking and Subzero appliances.

This unit has features rarely found in vintage apartments including central air and washer/dryer in the unit.

The listing says there is a live-in engineer in the building and valet parking is available nearby for up to $290 a month.

Most of the new condo construction has been focused in the luxury market.

Is this one area of the market where there’s too much inventory, and not too little?

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Carol Ann Edwards-Nasser at @Properties has the listing. See the pictures here.

Unit #3E: 4 bedrooms, 3 baths, no square feet listed

  • The public records says it sold in February 1990 for $110,000 but it’s unclear if this is correct
  • Originally listed in September 2016 for $1.749 million
  • Currently still listed at $1.749 million
  • Assessments of $1453 a month (includes heat, gas, security system, exterior maintenance, lawn care, scavenger, snow removal)
  • Taxes of $18,000
  • Central Air
  • Washer/dryer in the unit
  • Nearby valet parking up to $290 a month
  • Bedroom #1: 18×14
  • Bedroom #2: 17×13
  • Bedroom #3: 20×13
  • Bedroom #4: 18×14
  • Gallery: 5×16
  • Laundry room: 9×9

 

12 Responses to “Is It a Buyers Market in Luxury Housing? 305 W. Fullerton Parkway in Lincoln Park”

  1. Nice unit and good location but I hate how all of the woodwork has been painted over. Lots of money for a place with no outdoor space and no included parking space either.

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  2. There is indeed a 9.1 month supply of condos above $1 MM in Lincoln Park. Like I said last night…it’s not just one real estate market.

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  3. I can’t believe the amount of $1 million plus homes for sale not just here in the city but all over the country like who da fuq is buying these?

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  4. Probably the same idiots who are willing to pay $3.25+ a sqft a month for rent right?

    As for the place, no deeded parking sucks ass and while the place itself is nice enough, I wouldn’t pay that much to have someone live above and below me. And the finishes are nice but I wouldn’t call them luxury… outdoor space isn’t that big of a deal, the park looks to be right across the street

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  5. for the price, i’d expect the other 2 bathrooms to be renovated as well. not sure why they wouldn’t do this as they look dated compared to the rest of the place.

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  6. I like it. But realistically, for a little bit more, you can easily find a single family home in the same price range in the area.

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    Rating: +4 (from 10 votes)
  7. “i’d expect the other 2 bathrooms to be renovated as well”

    I think that they have been, but that they chose really basic (compared to the master) finishes

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  8. what’s the square footage?

    where is the parking?

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  9. Interesting…I thought the only “Indian-named” residential buildings were the Narragansett and Powhatan in Hyde Park. Anyone know of any others?

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  10. sonies on October 26th, 2016 at 9:38 am
    I can’t believe the amount of $1 million plus homes for sale not just here in the city but all over the country like who da fuq is buying these?

    Gringo post-Big10-grad DINKs would be my guess.

    I uber-pooled with one of them yesterday. Northwestern Grad, works in HR for a big tech company downtown. Redfinned her Evanston mansion after she left and it sold for $1.4mm. Her engagement ring looked like it was worth about what I gross in one year. It made me very thankful that my girlfriend is Dutch!

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  11. “I uber-pooled with one of them yesterday. Northwestern Grad, works in HR for a big tech company downtown. Redfinned her Evanston mansion after she left and it sold for $1.4mm. Her engagement ring looked like it was worth about what I gross in one year. It made me very thankful that my girlfriend is Dutch!”

    really? the profile fits but why the heck would someone like that use uber pool? Maybe uberx, but uber pool? The saved couple bucks isn’t worth the hassle to me.

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  12. really? the profile fits but why the heck would someone like that use uber pool? Maybe uberx, but uber pool? The saved couple bucks isn’t worth the hassle to me.

    I was thinking the same thing afterward, seeing as how her time, per hour, would be worth a lot more than mine. But it was raining that night so there was a 2.5x uber surcharge. Makes it a pretty hefty fare from Gold Coast to Evanston. Rich people can be just as frugal (or penny wise, pound foolish) as us normal class folk.

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