Get a 3-Bedroom SFH in the Old Town Triangle for Under $1 Million: 319 W. Eugenie

319 w eugenie

This 3-bedroom single family home at 319 W. Eugenie in Old Town recently came on the market.

Built in 1874, it is landmarked.

It has a smaller than standard Chicago lot of 24×103 but still manages to have a 2-car garage.

The listing describes this as an “Italianate cottage” with arched frames over the window, paired corbels and dentils at the roof eave.

The house has vaulted ceilings and skylights.

There’s a sunroom with a deck off the back and a lower level family room.

The master suite is also on the lower level and has a garden.

The kitchen has luxury stainless steel appliances.

The house has other features that buyers look for including central air.

Listed at $990,000, this is a short sale.

Given that duplex downs and townhomes in nearby GreenZone neighborhoods are now going for over $1 million, is this house a deal for its location in the Old Town Triangle?

Eileen Kelly at @Properties has the listing. See the pictures and the floor plan here.

319 W. Eugenie: 3 bedrooms, 2 baths, 1656 square feet

  • Sold in February 1995 for $465,000
  • Lis pendens filed in August 2007
  • Lis pendens foreclosure filed in August 2014
  • Currently listed as a “short sale” for $990,000
  • 2-car garage
  • Taxes of $13,693
  • Central Air
  • Bedroom #1: 15×11 (lower level)
  • Bedroom #2: 15×8 (main level)
  • Bedroom #3: 12×8 (lower level)
  • Family room: 24×12 (lower level)
  • Sun room: 11×11 (main level)
  • Laundry room: 13×7 (lower level)

 

13 Responses to “Get a 3-Bedroom SFH in the Old Town Triangle for Under $1 Million: 319 W. Eugenie”

  1. Did it take 7 years to evict the owners?

    The missing plam on the countertop is a nice touch.

    I’d expect a lot more for $1MM

    VA:F [1.9.22_1171]
    Rating: 0 (from 2 votes)
  2. Shouldn’t there be some kind of law against that kind of kitchen countertop in a place costing more than 200K?

    VA:F [1.9.22_1171]
    Rating: +3 (from 3 votes)
  3. I wonder why it’s priced so reasonably. This is the type of home I would buy if I had $1MM to spend. The location is fantastic.

    Replacing the counter tops would cost very little. I much prefer this style of house than the cold grays we are seeing in other similarly priced homes on this site.

    VA:F [1.9.22_1171]
    Rating: +5 (from 9 votes)
  4. I think I looked at this house when it was for sale in 1994. It was priced in the mid 300s.

    If I do have the right house, the lower level was dominated by a soda fountain with a counter and vinyl stools. The house was small and, other than the beautiful exterior, lacked the architectural details that I wanted, which I now understand makes sense as it was built as a workman’s cottage. The second bedroom was narrow, and in an odd location off the dining room. I wanted to love this house but the size, layout and the amount of work needed just didn’t work for me then.

    VA:F [1.9.22_1171]
    Rating: +4 (from 4 votes)
  5. Nice cute house. But, its a short-sale, which means its going to take a while to close. And since it is landmarked, it really has no value for potential future development? For better or worse you are stuck with the current layout (are additions? ie. 2nd floor or extensions allowed with landmarked property?).

    VA:F [1.9.22_1171]
    Rating: +3 (from 3 votes)
  6. “(are additions? ie. 2nd floor or extensions allowed with landmarked property?)”

    Typically (ie, you’re getting what you pay for this), the rule is no changes that can be “seen” from “the street”–what seen and street mean in this context is going to vary some, depending on the exact house, and the exact proposed addition.

    Little question that, from a preservation perspective, you could add 15′ to the back, maintaining the same roofline. Might have building/zoning code issues, but the OTT historic limits would allow that.

    VA:F [1.9.22_1171]
    Rating: +5 (from 5 votes)
  7. What is so special about this house that it has Landmark Status? Is landmarked status something someone applies for and it is granted permanently? Is there an ongoing benefit or just something that one owner was able to take advantage of and now future owners are screwed?

    VA:F [1.9.22_1171]
    Rating: +6 (from 6 votes)
  8. “What is so special about this house that it has Landmark Status?”

    Is a (basically) original house in the OTT historic district. That’s enough.

    VA:F [1.9.22_1171]
    Rating: +6 (from 10 votes)
  9. It’s truly LANDMARK!!!
    Jan Terri used this back in the 90’s for band practice and Old Style cold storage.
    Easily worth 2+Million at this point.
    GO CUBBIES!!! LOLZ!!!!!

    VA:F [1.9.22_1171]
    Rating: 0 (from 14 votes)
  10. I wouldn’t be super keen on sleeping down there in a city, but for people with no kids or just one kid, this is a pretty good deal for a SFH given the location.

    VA:F [1.9.22_1171]
    Rating: -5 (from 5 votes)
  11. I’m literally laughing out loud. No way.

    VA:F [1.9.22_1171]
    Rating: 0 (from 4 votes)
  12. Jenny, no idea what you’re talking about. This place is god awful.

    I wouldn’t pay 1 mil for a teardown, even in this location – which is what I’d consider this.

    VA:F [1.9.22_1171]
    Rating: 0 (from 6 votes)
  13. “I wouldn’t pay 1 mil for a teardown, even in this location – which is what I’d consider this.”

    Remember, you can’t tear it down.

    VN:F [1.9.22_1171]
    Rating: +7 (from 7 votes)

Leave a Reply