Short Sale at Riverbend Lofts: 2620 N. Clybourn Ave.
Two lofts are currently for sale in the Riverbend Lofts at 2620 N. Clybourn Avenue. I’m not sure exactly what neighborhood this is in- far west Lincoln Park? The “Clybourn Corridor”?
One is in short sale. One is not.
The building is an older “original” loft conversion from the mid-1990s.
Unit #205 is NOT a short sale.
Unit #205: 3 bedrooms, 2 baths, 1500 square feet, 1 parking spot
- I couldn’t find an original sales price but the most expensive unit to sell in the building was for $425,000 in January 2006 (there’s no unit number attached to the sale)
- Currently listed for $399,000 (one parking space included)
- Duplex
- Balcony and roof rights
- Assessments of $271 a month
- Baird & Warner has the listing
Unit #105 IS under short sale. Alas, there are no pictures available of the interiors (yet).
RIVERBEND LOFTS- REFRESHED & REJUVINATED HUGE 2STORY-TIMBER LOFT-LINCOLN PARK-EXPOSED BRICK-16FT CEIL-SS APPL-GRANITE CNTR & BRKFST ISLAND-HARDWOOD FLRS ON 1ST FL-ALL NEW KT CAB 16FT WOOD BURN FP – EAST WALL ALL WINDOWS-LRG PATIO+40X9 FT SIDE YARD! GREAT FOR PETS, KIDS OR PARTY.
MARBLE BTH W/STEAM SHOWER-THICK EXP. TIMBER-RECESSED LIGHTS – SHOWS VERY WELL.1 SPACE+VISTR+SHORT SALE- BEST DEAL IN AREA! AVIALBLE IMMED!
Unit #105: 2 bedrooms, 2 baths, 1800 square feet, 1 parking spot
- Sold in May 2002 for $318,500
- Sold in September 2005 for $376,000
- Currently listed for $338,000 (one parking spot included)
- Assessments of $213 a month
- Telesis Corp. has the listing
Is Unit #105 a deal?
“I’m not sure exactly what neighborhood this is in- far west Lincoln Park? The “Clybourn Corridor”?”
Lathrop Homes. Or maybe Costco. I don’t think two buildings make a neighborhood.
But seriously, the neighborhood high school is LPHS, and it’s not obviously in another neighborhood, so it’s in (far northwest) Lincoln Park.
Thanks anon. It is basically in the Costco parking lot, right? I took a look at the aerial view map, and thought that was Costco.
It looks like a pretty good deal, but the traffic problems around there would be enough to scare me off. There’s no quick way to the highway if you have to go near that Fullerton/Clybourn intersection.
338k for a 2/2 in LP with parking and reasonable assessments?
This is going to sell quick. Can’t wait for these short sales to start setting the new comps.
Looks like it is right off of the Aldi lot, with Dominicks across that lot, Costco a bit northwest, and Menards across the street. Lots of grocery options. Unbelievable traffic.
“basically in the Costco parking lot”
Right b/t Costco and Aldi. With the body shop as the immediate northern neighbor.
Traffic at Clybourn/Fullerton is nothing compared to Elston/Fullerton most times of most days. And that’s the only reasonable way to get to the Kennedy westbound. Eastbound’s pretty easy, using Diversey to Logan to Western entrance.
***338k for a 2/2 in LP with parking and reasonable assessments?
This is going to sell quick. Can’t wait for these short sales to start setting the new comps.***
I respectfully disagree. If you’re in the low-end looking for $338k place, you can’t get a loan….or you don’t have $30k cash saved for a DP.
If you can afford more, you’re not going to live here.
But then again, everyone has the right to spend their money however they want to.
Yep, right next the Aldi ..between the Aldi, Costco. right across from Menards and Taco Bell. Pavement city. Horrible traffic.
Public transportation around here is bad, really bad. The closest el stop is what Fullerton??? No thanks.
Sounds like you will save money on gas for grocery shopping if you live there. ha!
I’ll watch this building and see what develops.
Hah.
Totally not a deal.
338K for the short sale price? C’mon. If they tried $275-299K, that’d generate some interest. Anyone who bites at 338K is a sucker …
well, #105 looks to still be on the market, 63 days now, and the unit upstairs, #205 is languishing at 103 days, at $399k.
At what point can we call it that it won’t “sell quick”, Bob?