Trying to Sell a Custom 5-Bedroom Smith Park House for 49% More: 2435 W. Erie

2435-w-erie

This 5-bedroom single family home at 2435 W. Erie in the Smith Park neighborhood of West Town came on the market in June 2017.

But for those of you who have been long time readers, this house may look familiar.

We chattered about it all the way back in 2008 when it was newly constructed.

A blast from the past!

You can see our chatter here along with some interior pictures.

Built on a 30×125 lot in 2007, it has unique custom finishes including coffered ceilings, custom millwork and detailed moldings (see the pictures to see just how custom it is).

It has 2 wood burning fireplaces and radiant heated flooring on several floors.

There are 2 full laundry rooms.

The kitchen has custom raised panel cabinetry in antique glaze, oil rubbed bronze hardware and a 48′ Viking range.

The baths are described as “luxury” and there’s a full steam room.

There are two terraces and a deck over the garage.

The house also has a great room and a home theater room.

Old listings said the house was 5500 square feet but the current listing doesn’t have the square footage.

This house apparently never originally sold. It became bank owned either in 2009 or 2016 (both show up in the public record).

It was listed by the bank in August 2016 for $999,000 and sold last November for $867,000.

According to those listing pictures, the kitchen and baths were in place, along with the appliances. See that listing here.

The house came back on the market just 7 months later, in June 2017, for $1.299 million.

Is the market so hot that this home will be resold within a year for 49% more?

Karen Biazar at North Clybourn Group has the listing. See the current pictures here.

Or see it in person at the Open House on Sunday, Oct 22 from 1 – 2:30 PM.

2435 W. Erie: 5 bedrooms, 4.2 baths, no square footage listed (but it was listed at 5500 sq feet in old listings)

  • Former house sold in March 2004 for $345,000
  • Originally listed in July 2008 for $1.499 million
  • Doesn’t appear to have ever sold
  • Bank owned in either 2009 or 2016
  • Listed by the bank in August 2016 for $999,900
  • Sold in November 2016 for $867,000
  • Originally listed in June 2017 for $1.299 million
  • Still listed for $1.299 million
  • Taxes of $18,598
  • Central Air
  • 3-car garage
  • 2 wood burning fireplaces
  • Bedroom #1: 21×15 (second floor)
  • Bedroom #2: 12×12 (second floor)
  • Bedroom #3: 11×14 (second floor)
  • Bedroom #4: 19×14 (second floor)
  • Bedroom #5: 13×11 (lower level)- travertine flooring
  • Theater room: 19×16 (lower level)
  • Great room: 20×31 (lower level)
  • Family room: 21×15 (main level)

38 Responses to “Trying to Sell a Custom 5-Bedroom Smith Park House for 49% More: 2435 W. Erie”

  1. This is a very “unique” place. Some really nice details (rad. Heat, handrails, etc) and some down right terrible ones.

    Sponge paining is not Venetian plaster

    This is going to sit for a while

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  2. I see price reductions in this place’s future, it will sit indeed. The decor is generally a bit too over the top for me and I suspect many will agree.

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  3. I can’t see paying over $1 million for this, especially since it is west of the Western divide.

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  4. This place is a joke.

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  5. totally hideous.

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  6. Bad things were done to this house.

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    Rating: +2 (from 6 votes)
  7. I don’t know where you find these places, Sabrina. This house is horrific. Everything about it is fake. I don’t even know where to start. The only thing I like is the laundry room, although I could do without a refrigerator in the laundry room. Why is it even there?

    Also, I can’t imagine spending this kind of money to live so far west.

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  8. This house reminds me of Olive Garden. And now I’m hungry for some soup, salad, and breadsticks.

    Damn you, house!

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    Rating: +18 (from 24 votes)
  9. SCARFACE JAN TERRI LOLZ!!!!!!
    COME ON CUBBIES!!!!!!

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  10. This is why developers all build similar places with grey walls, white kitchens, etc. It sells to the masses. Finding that ‘needle in a haystack’ buyer for this place will take a long time.

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  11. haha this is 100% pure Sicilian design tastes… Is the neighborhood still Sicilian though? Or are millenials pedaling their fixies and drinking artisan coffee in this neighborhood now

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  12. Wow. I actually try not to comment on individual listings but I’m making an exception today. I’m actually laughing out loud here right now. I’m reminded of Oak Brook homes built during the 80s.

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  13. “Finding that ‘needle in a haystack’ buyer for this place will take a long time.”

    Thing is, whiteboxing this place would cost so much that it’s probably worth holding out for that buyer.

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  14. Would they rent it for events? I want to put on a Liberace costume and have bubble bath parties. E gad.

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  15. I actually like the look of the place. It wouldn’t be very hard to remove some of the columns/details that make this place look like a faux-greek McMansion. But, I would certainly not spend $1M+ to live in that neighborhood. Maybe $600k-$700k max.

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  16. This house should be a case study in architecture schools: “how much is too much flourish?” The answer is “this much”.

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  17. “But, I would certainly not spend $1M+ to live in that neighborhood.”

    The median household income in that small census tract is just over $61K, which is just a but lower than the 67-68K just east and West of Damen. It actually drops to 47K just east of Western. Just one block south of there Noah sold a new construction home for $1.35 MM just a few months ago.

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  18. You would be better off buying this one and updating the kitchen and perhaps the bathrooms

    https://www.redfin.com/IL/Chicago/2137-W-Haddon-Ave-60622/home/14106266

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  19. “better off buying this one”

    “3,000 Sq. Ft” hahahahahaha

    The featured property ain’t 5500, either, but it is pretty close to 2,000 additional usable sf, and is on a 30% bigger lot, the combination of which makes it “worth” at least $250k more, even if otherwise really comparable–which they aren’t.

    But the worst thing about the Ukie place is the parking lot next door. That sucks.

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  20. jeez helmet you’re like a fucking broken record that detracts from the enjoyment of this site. you must have 0 interpersonal skills in real life. you can’t go around talking like that in normal society.

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  21. How’s this guy not banned yet? He’s constantly dropping racist and antisemitism comments, JAP / that’s a slur

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  22. “How’s this guy not banned yet?”

    He’s been banned many, many times. And yes, we know he makes racist, homophobic, anti-Semitic, sexist, and every other “ist” comment that you could imagine. Just a really sad individual, obviously.

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  23. “This house reminds me of Olive Garden. And now I’m hungry for some soup, salad, and breadsticks.”

    Madeline: It DOES seem Italian, doesn’t it?

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  24. “How’s this guy not banned yet?”

    As offensive as this guy is I’m not in favor of banning anyone. I think it’s more effective to debate them, ask them to provide proof of their beliefs, point out what idiots they are. I think it’s enlightening to find out what these people believe. Otherwise we all retreat to our echo chambers and convince ourselves that everyone agrees with us.

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    Rating: +7 (from 11 votes)
  25. “Or are millenials pedaling their fixies and drinking artisan coffee in this neighborhood now”

    Spinning J Bakery, Rootstock Wine and Beer Bar, The Rookery…

    Looks like it’s pretty trendy near Smith Park and in East Humboldt Park these days.

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  26. I am getting a frustrated wanna be Russian Oligarch vibe.

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  27. while it’s just south of the hottest real estate neighborhood in chicago (Ukrainian Village), and almost all new construction single family homes go for well over 1m (2×2 condos are now clearing 600k), this place is really, really, poorly done.

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  28. Hideous would be a compliment for the exterior of this monstrosity.

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  29. “As offensive as this guy is I’m not in favor of banning anyone. I think it’s more effective to debate them, ask them to provide proof of their beliefs, point out what idiots they are. I think it’s enlightening to find out what these people believe. Otherwise we all retreat to our echo chambers and convince ourselves that everyone agrees with us.”

    I disagree with this. CC is hardly an echo chamber. But that doesn’t change the fact that I don’t need to hear from HH. He’s already made the same stupid argument – and it’s always the same argument – hundreds of time. Now granted for years I made the same argument – everything was overpriced – but I was ultimately proved correct and the only people I offended in the process were shills, which is OK. And like Sabrina said, I provide useful commentary into the Chicago real estate market. Like my comments about the million dollar property next to the alley behind sidetracks in boystown.

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  30. Regarding someone who constantly says the same thing: Even a broken clock is right twice a day. But in this case, the clock thinks it’s brilliant.

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  31. Soooooo, basically someone bought this house, took a lot better pictures, and then listed it for 49% more. Got it.

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  32. As I recall, Smith Park was being touted as the “next hot neighborhood” during the bubble years; it was thought that it would take the spill-over from Wicker Park and West Town after people got priced out of there. The big advantages seemed to be relative closeness to downtown and the Metra railroad station. But thanks to the recession the area never really got off the ground. It does have its charms, though, especially some cute restaurants and (if you’re Catholic) a lovely little church, Holy Rosary on Western/Ohio.

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  33. My first time posting,so please be gentle. 😉

    I grew up a couple of blocks east of Smith Field, as we old timers call it. Originally, the park was a quarry, then a city dump, finally a park. The WWII tank next to the swimming pool used to sit in the triangular patch at Grand and Western; it was moved around 1990, I think.

    The interior of this house doesn’t look Sicilian to me. My grandparents were from Sicily, and I toured the island back in ’78. Definitely overdone in some rooms.

    Most of the Italians/Sicilians moved out in the 80s, I think. Several of the mob guys are in jail (I know a few of them). Joey “The Clown” Lombardo, former mob chief, was an usher at Holy Rosary back in the 60s. He lived in half of a 3-flat across from Mitchell school. Not very glamorous.

    Holy Rosary was my parish, my parents were married there. The murals were painted after 1950, because they’re not in the wedding photos.

    I sold the 3-flat this year and made a nice chunk of change.

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  34. This place is hilarious, as is the original Ukrainian owner – you all should put the pin through the cook county recorder to see all the sovereign citizen nuttery he filed when the lender foreclosed on him.

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  35. “Several of the mob guys are in jail (I know a few of them). Joey “The Clown” Lombardo, former mob chief, was an usher at Holy Rosary back in the 60s. ”

    I have a passing familiarity with some of this mob stuff for various reasons. The best was to describe all of this is like the introduction at the beginning of the Sopranos. It starts out with Tony driving in a car across the bridge into jersey, through the city, into the suburbs, and ends with Tony pulling into his driveway on a 1 acre wooded lot in exurban Jersey. It’s a metaphor for the mob families moving on up and out of the city and trying to legitimize. That’s kind of how it is in Chicago. Long after the days of Al Capone many of them moved out to Elmwood Park and beyond. The reputed mob boss lives in a $2M River Forest for goodness sakes. Park Ridge even has mob connections http://www.thechicagosyndicate.com/2006/12/plumber-victim-of-dyslexic-mob-hit-man.html

    Moreover, Chicago never really had the ‘mob’ per se, it had the ‘outfit’ which was less based on family connections and more just a bunch of criminals with connections to the real mob. Sure a lot of them were Sicilian, or even just generally “Italian”, but many were Greek and so forth. And that outfit you hear about wasn’t just one outfit, it was like many different crews. Some of the members of the crews went ‘legit’ and their extended families live in the north and northwest suburbs, and their children went on to get college degrees from prestigious universities – just like Tony Soprano’s daughter on the show. It’s definitely an interesting case study. Most of the outfits have gone legit or appear legit which is why the family secrets trial put a bunch of geriatric guys in jail.

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  36. Most of the crew members I knew were Italian.

    One of them lived across the street from me several years ago. He’d shovel my sidewalks every time it snowed, but he was selling drugs too. The cops finally nailed him in a sting, I doubt if he’ll ever get out.

    There’s a tell-all book “Mob Cop” by Fred Pascente, that some might find interesting.

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  37. Karen – Interesting that the HR “murals” would not be part of the original church, considering its name. They depict all of the “mysteries” (events in the life of Christ and the Virgin Mary, for non-Catholic readers) covered by the prayers of the Rosary. When five additional “mysteries/events” were added to the original 15 by the Vatican several years ago, new paintings were added to the walls.

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  38. The murals could have been part of a remodeling project. The roof of the church has been raised. I have a program commemorating the 25th anniversary of the parish, and the cover features the original facade.

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