This Foreclosed Lincoln Park Townhouse Has Been Reduced: 1009 W. Dickens

1003-w-dickens

This 1-bedroom townhouse at 1009 W. Dickens in Lincoln Park came on the market in October 2016.

It is bank owned and being sold “as-is.”

The picture above is of unit 1003 W. Dickens which we chattered about in 2012 when it was also bank owned. This is a group of 6 townhouses.

See that chatter here.

The listing says it “needs TLC.”

The kitchen, however, looks intact with white cabinets, granite counter tops and stainless steel appliances.

There are two bathrooms and the pictures also indicate that those are mostly intact.

It has central air and a 1-car garage.

The bedroom is on the third floor with a family room on the second floor.

There is also a basement.

This townhouse is just a block away from the Armitage brown line stop and all the shops and restaurants on that street.

Originally listed for $419,900, it has been reduced to $399,900.

Is this a deal?

Liam O’Brien at Robert Anthony Real Estate has the listing. See the pictures here.

1009 W. Dickens: 1 bedroom, 2 baths, 1222 square feet

  • Original sale was prior to 1992 but CCRD doesn’t have a sales price
  • Lis pendens foreclosure filed in February 2012
  • Bank owned in February 2016
  • Originally listed “as-is” in October 2016 for $419,900
  • Reduced
  • Currently listed at $399,900 (includes 1-car garage)
  • Assessments of $8 a month (or the listing says $100 yearly– although the other Dickens townhouse listing in 2012 said they were $100 a month. Who knows?)
  • Taxes of $6305
  • Central Air
  • Bedroom: 15×14 (third floor)
  • Family room: 15×10 (second floor)
  • Basement

4 Responses to “This Foreclosed Lincoln Park Townhouse Has Been Reduced: 1009 W. Dickens”

  1. yuck this place sucks, and reading that old chatter, amusing to say the least. Good reason why you don’t listen to permabear morons like G you can miss some good investment opportunities

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  2. I’m confused, who would have built a TH like this with only 1 BR? Did a previous owner open up a BR?

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  3. “I’m confused, who would have built a TH like this with only 1 BR? Did a previous owner open up a BR?”

    It’s unclear. Sometimes the bank’s realtors don’t always get it right.

    It could be that the second floor “family room” was originally a bedroom. But you’d have to go and take a look.

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  4. The kitchen is nice so it’s got that going. Maybe there were two bedrooms and it was opened up to make a big master suite. The HOA says $8 a month, which is inaccurate I assume. You have to be careful with buying into an association on a foreclosure as you usually have to pay 6 months of old dues.

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