Price Reduction on the Manor House: 1021 W. Bryn Mawr
You can’t help but notice the Manor House at 1021 W. Bryn Mawr when you’re in Edgewater. Built in 1907, it now has 16 units.
I chattered about it in November 2007.
At the time, two units were for sale. Unit #3C, a 1600 square foot two bedroom, two bath that was listed for $349,000 which finally sold for $340,000.
Unit #3B is still on the market and has been reduced. It’s definitely not cookie-cutter.
Unit #3B: 3 bedrooms, 2 baths, with three different outdoor spaces
- Was listed in November 2007 for $539,000
- Currently listed for $499,000 included one heated parking space
- Assessments of $450 a month
- I can’t locate an original sales price
- Century 21 Sussex & Reilly has the listing
Cool place. Those stairs look dangerous though. So, if we all determined that noone should be buying houses per all of the analysis, why have this website at all? 😉 j/k. Love the site.
How well I know this place!
This buiding has quite a history. It was an unsuccessful conversion circa 1990, before which it had been slummified as the surrounding neighborhood deteriorated.
Now that Edgewater is once again a great neigbhorhood, the building has become moderately successful.
However, the units were badly rehabbed, and vary much from one unit to the next. The unit you show is a really unusual and attractive place, but the building as a whole is not in especially good condition. Moreover, there is no parking.
That staircase is dangerous and I believe it needs a railing to meet codes, though I’m not sure about that.
Given that three-bed units in Lakeview of comparable or higher quality are dropping under $500K, I think that $350K, at the most, is more like it for this place.
Does it come with a moat?
Laura: Why do the listings state that there is parking? Is it rental next door? Or a deeded space in a nearby building?
I would stage the unit with a bunch of men in animal hides, cooking meat over the fireplace. I’m trying to figure out if the unit is a good unique or a bad kind of unique. The kitchen (with no room for upper cabinets) is a real turn off though.
FYI, Bryn Mawr/ Kenmore and Winthop has a number of … how can I phrase this nicely… LOONEY BINS! “Buyer Beware”……. Legally the homes cannot force them to stay so they walkout allot. You will see them walking up and down Bryn Mawr.
It has to be in a nearby building, because this bldg has no parking.
More about this building- after it converted in the 90s, it flopped in the real estate bust of that time, and many low-quality tenants moved in, some with vouchers. This area was still “the pits” at that time. Many units stood vacant for long periods. There were frequent fires in the building.
The neighborhood made gigantic strides in the late 90s and is now a great,safe place;and these units started changing hands again, especially in the past few years.
I like the bldg, but I would want these places at substantially lower prices because they usually need much work.
The neighborhood made gigantic strides in the late 90s and is now a great,safe place;and these units started changing hands again, especially in the past few years.
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Laura, not to attack you, but that area is not safe. There are crazies walking around and drug dealers pitching dope from Lawrence all the way past Thorndale on both Kenmore and Winthrop. Just becareful.
Don’t worry, I’ve lived in the Edgewater-Rogers Park area for 11 years, and spend much time on foot.
I’m in Rogers Park, which definately has problems, but the area from Foster to Devon is clean and safe, even though the dope dealing still goes on. I walk the streets there frequently and have no problems.
The area from Lawrence to Foster is another story. For some reason I can only guess at, this area is more expensive than north of Foster, even though it is stuffed with people who are the worst social problems in the city. There are at least 11 extremely decrepit SRO hotels, that are populated by ex-convicts and pedophiles.
However, the area from Foster on north to Devon is reporting much lower crime rates that the areas to the north (RP) or south (Uptown).
Yet it is distinctly not Lakeview or Ravenswood and I expect the prices to drop substantially.
Whoa, just reduced – $399,000! This place needs someone who has a “vision” for the layout but it could be spectacular.