You Can Still Get a 2/2 With Parking in Southport for Under $400,000: 3500 N. Greenview
This 2-bedroom in 3500 N. Greenview in the Southport neighborhood of Lakeview recently came on the market.
It’s a high first floor unit in a vintage building which was converted into condos during the housing boom in 2005.
This is a corner unit with south and east exposures.
It has some “loft-like” features including exposed brick and exposed duct work.
There’s hardwood floors throughout and a separate formal dining room.
The kitchen has what looks to be maple cabinets, along with granite counter tops, stainless steel appliances and a breakfast bar.
The master suite has an en suite bath.
There’s a private back deck measuring 11×8.
The unit has the features buyers look for including central air, washer/dryer in the unit and exterior deeded parking.
Listed at $394,500, is this the last year you’ll be able to get a 2/2 with parking for under $400,000 in a hot neighborhood like Southport?
Theodora Jordan at @Properties has the listing. See the pictures here.
Unit #1: 2 bedrooms, 2 baths, no square footage listed
- Sold in February 2005 for $359,000
- Sold in October 2008 for $391,000
- Sold in May 2013 for $335,000
- Currently listed for $394,500 (includes exterior deeded parking)
- Assessments of $293 a month (includes parking, exterior maintenance, lawn care, scavenger and snow removal)
- Taxes of $4947
- Central Air
- Washer/dryer in the unit
- Bedroom #1: 12×10
- Bedroom #2: 10×10
- Living room: 32×13
- Kitchen: 15×11
- Deck: 11×8
12X10 Master bedroom, ouch. It’s just OK but it checks some boxes. Taxes seem low.
Decent looking place. Just needs some very minor updates to get the early 2000s funk off of it. I like that the living area is large enough for a legit dining room set.
I’ve always thought that this is such a pretty vintage building and thought that the units may have retained some original detail. I hate the “loft-like features,” which just don’t fit with a building of this era and rooms of this size. Fingers crossed that the new owner installs a fireplace mantel.
“Pottery Barn Perfect”
Who is the target market for that statement?
Doubt that this closes over the Oct-08 price. CPI sez it should be +13.9%, ie $434k (which is still lower that the Feb-05 price + CPI–$461k).
Interesting that Sabrina picks a property that really hasn’t appreciated a lot in what is a hot neighborhood. While anecdotal, this property certainly doesn’t support booming price increases.
“Interesting that Sabrina picks a property that really hasn’t appreciated a lot in what is a hot neighborhood. While anecdotal, this property certainly doesn’t support booming price increases.”
I recently returned to an old school Italian restaurant on 24th & Oakley and was reminded to suggest Sabrina consider posting some properties in new hot neighborhoods like that one (W West Pilsen?) or NE McKinley Pk.
and was reminded to suggest Sabrina consider posting some properties in new hot neighborhoods like that one (W West Pilsen?) or NE McKinley Pk.
Sabrina, are you still accepting listing recommendations at the email listed in the contact above?
Such care taken in every photo, only to leave the propane tank out for the deck shot?
24th and Oakley is Heart of Italy. NE McKinley Park is Mount Pleasant. The “golden triangle” in McKinley Park is west of Damen, south of Archer, between 35th and 37th.
“Such care taken in every photo, only to leave the propane tank out for the deck shot?”
I think a bigger issue is the view from the deck… into a solid brick wall. I know some people don’t think that having a good view adds any actual value, but can we agree that the view from this deck sucks?
JAN TERRI THINKS DECK VIEW IS PERFECTLY FINE, FOR HER TO POOP ON LOLZ!!!
THIS WILL MOVE FOR $350K TOPS, AND MAYBE THROW IN A KEGGER OF OLD STYLE!!! YEAHHHHHZ!!!!!!
GO BLACKHAWKS!!!
“24th and Oakley is Heart of Italy. NE McKinley Park is Mount Pleasant. The “golden triangle” in McKinley Park is west of Damen, south of Archer, between 35th and 37th.”
Thanks Juiceman. I’ve appreciated your previous insights re McKinley Pk neighborhood. The area I like is west of Damen, north of Archer, east of Western and south of I55’s frontage road. It’s got an unusual mix of bldgs & occupants. I see 70’s style raised ranches (which appear to be largely owned/occupied by Chinese immigrants), worker cottages, two flats etc.
My pleasure, Southbound. All of the neighborhood is quite nice (and nicely quiet). There are still some bangers in a couple pockets, including north of Archer. I call it the “golden triangle” because inside is 2 blocks or less to the park, and 2 blocks or less to the El, with a lot of nice housing stock.
Looks like this should be a great buy for some young couple. Price is pretty good considering it includes parking. Not crazy about it being on the first floor, though.
“Sabrina, are you still accepting listing recommendations at the email listed in the contact above?”
Sure.
“Interesting that Sabrina picks a property that really hasn’t appreciated a lot in what is a hot neighborhood.”
I was simply looking for 2/2s with parking under $400,000. There aren’t that many in Lakeview. Nor are that many in the Southport neighborhood.
Great price, and with some updates it won’t look as dated. A quick check of the area shows mostly $400k+ (with or without parking) in that neighborhood as well as Graceland West.
This unit is already under contract. A few negatives: The porch is virtually unusable as others have said – it faces a brick wall. For me, the big negatives are a 10 year special assessment of around $150 that wasn’t mentioned in the listing. It just began a few months ago. The other negative, and this one is huge for me, is that the master bedroom faces Cornelia and is only one floor up. Cornelia is surprisingly busy because it runs from the lake all the way past Ashland. It’s a nightmare during baseball season. The other thing about this building is that it’s ridiculously loud inside. I feel for the new owners. They better budget some serious cash for soundproofing. Otherwise, they are going to be completely miserable.