Looking for a Massive Terrace? A 3-Bedroom Duplex at 1615 N. Wolcott in Bucktown

1615-n-wolcott

This 3-bedroom duplex up in the Urban Sandbox at 1615 N. Wolcott in Bucktown came on the market in September 2016.

The Urban Sandbox is an 8-unit mid-rise modern building originally marketed in 2007.

The architect was Miller Hull and in 2009 it won the Builder’s Choice Urban Infill Grand Award and Project of the Year.

See the architect’s website here.

It has an elevator and a heated garage.

This unit has 20 foot ceilings and floor to ceiling glass windows.

Two of the three bedrooms are on the main level along with the living room and kitchen.

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

The kitchen has Arclinea cabinets with Miele and Subzero appliances.

For those who love outdoor space, the unit has a 33×24 terrace with cedar decking, water and gas. The listing says it is also wired for sound.

It has central air, washer/dryer in the unit and it looks like up to 3 parking spaces can be purchased.

Originally listed for $1 million in September, this unit has been reduced $150,000 to $850,000.

This property is located in a prime Bucktown area,  near the shops and restaurants of Bucktown and Wicker Park as well as the Damen blue line stop.

With its prime location and 3-bedrooms, which is the preferred size for many buyers, why isn’t this selling?

Jason Finn at Baird & Warner has the listing. See the pictures here.

Unit #203: 3 bedrooms, 2 baths, duplex up, no square footage listed

  • Sold in April 2009 for $872,165 (according to Zillow because the county site was down again)
  • Originally listed in September 2016 for $1 million
  • Reduced
  • Currently listed for $850,000 (parking appears to be extra)
  • Assessments of $468 a month (includes exterior maintenance and scavenger)
  • Taxes of $9297
  • Central Air
  • Washer/Dryer in the unit
  • Bedroom #1: 15×14 (second floor)
  • Bedroom #2: 9×10 (main level)
  • Bedroom #3: 10×12 (main level)
  • Media room: 9×6 (second floor)
  • Family room: 33×24 (second floor)
  • Terrace: 33×24

9 Responses to “Looking for a Massive Terrace? A 3-Bedroom Duplex at 1615 N. Wolcott in Bucktown”

  1. I thought we talked about this one before, but turns out it was another unit, seems to be a lot of resales in this particular building, I wonder why… perhaps this location sucks?

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    Rating: +2 (from 2 votes)
  2. Does this unit face the rear? That’s a no go for a lot of buyers at this price point.

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    Rating: +1 (from 1 vote)
  3. The outside of this building is cool but the interior of this unit doesn’t meet expectations based on the exterior. The amazing terrace has no views (or at least not in the listing photos?) Pretty nice kitchen though. Some details, such as the laundry area, don’t seem very well designed IMHO….

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    Rating: +6 (from 6 votes)
  4. “The amazing terrace has no views (or at least not in the listing photos?)”

    What are you talking about? It has exactly the views one should expect from a gator deck–alley rats, and some restaurant dumpsters.

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    Rating: +7 (from 7 votes)
  5. “seems to be a lot of resales in this particular building, I wonder why… perhaps this location sucks?”

    Probably just the normal lifecycle of a condo buyer: live in the city for a years, squeeze out a couple kids, decide there isn’t enough space and then move to the suburbs for good school system.

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    Rating: +9 (from 9 votes)
  6. “Probably just the normal lifecycle of a condo buyer: live in the city for a years, squeeze out a couple kids, decide there isn’t enough space and then move to the suburbs for good school system.”

    At least these are 3-bedrooms.

    I don’t think living in a condo for 7 years is fast turnover though. The average number of years most Americans live in their homes is 7 years. That may change as mortgage rates rise but we’ll see.

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    Rating: +2 (from 2 votes)
  7. The description of the unit made me curious. I’ve liked the building and had to check out the listing. When I saw the photos I was underwhelmed. In my opinion it needed a much larger living area and bedrooms to meet that $1m threshold. And put a cool door over the laundry area. That should not be in the open.

    Decent finishes although what was cutting edge in 2007 and really fresh to the market now sadly looks somewhat dated. Good place, nice layout, will sell in the high 700’s before spring.

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    Rating: +3 (from 3 votes)
  8. “put a cool door over the laundry area”

    Hell, hang a curtain. Or a velvet Elvis. having them totally open–especially open to the two-story living area–is kookoo *at this price point*.

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    Rating: +1 (from 3 votes)
  9. love the “play set” randomly throw on the roof deck. for this price i’d rather buy a house period.

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    Rating: +2 (from 2 votes)

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