Forget “new”: Vintage Elegance at 3400 N. Lake Shore Drive
We’ve chattered about a lot of the 1920s and 1930s co-op and condominium buildings that line Lake Shore Drive on the North Side of the city.
3400 N. Lake Shore Drive in Lakeview is another of those buildings. Built in 1922, it has 49 units.
This 3-bedroom ground floor unit doesn’t have fantastic views, but it does have a magnificient vintage ceiling, central air, a laundry room and parking.
What more could you ask for?
Here’s the listing:
A UNIQUE, VERY SPECIAL SPACE W/ EUROPEAN ELEGANCE & CHARM! ORIG PART OF BLDG LOBBY, THIS RESIDENCE HAS AMAZING 13 FT CEILINGS, EXQUISITE WOOD WORK ACCENTS, GLORIOUS WINDOWS W/ BAYS LOOKING INTO BELMONT HARBOR.
RENOVATED CHERRY, GRANITE, STAINLESS KITCHEN, LG MASTER SUITE W/ RENOV BATH, LAUNDRY RM, DEEDED PARKING! TURNKEY CONDITION. WALK TO NETTLEHORST SCHOOL.
@Properties has the listing. See more pictures here.
Unit #GB: 3 bedrooms, 3 baths, 2000 square feet
- Sold in March 1999 for $302,000
- Sold in May 2001 for $459,000
- Sold in September 2006 for $585,000
- Currently listed for $696,000 (parking included)
- Assessments of $1542 a month
- Taxes of $11,116
- Central Air
- Laundry in the unit
Assessments are ridiculous.
This is an exceptional old place. I believe that price is not TOO far off. This is one of the few units that still has its original details and trim, and look at the ceiling height.
The main. is high, but it’s not so bad if it includes heat.
Great place for an affluent person (who unfortunately is not me)
It’s gorgeous. But taxes are insane, and assessments are worse–EVEN for a vintage building with doormen.
http://yochicago.com/today/quote-of-the-day/quote-of-the-day-those-nasty-aggressively-rude-real-estate-bloggers_7912/#comment-229691
“The skewering of fancy properties can be wicked fun – unless you’re the owner,” the article says, concluding that selling your home online can be “bad for your ego.”
Joe Zekas said:
“Most of what I see on real estate blogs that indulge this sort of thing is the have-nots bashing the haves. There’s nothing new in that.”
Ah, yes. The bitter renter arguement. There’s nothing new in that either.
Joe still on perceives the world as owners vs. non-owners. Not as cash flows, assets and liabilities.
If the owners trying to sell in this environment are his ‘haves’, count me in the other corner whistling dixie that I’m a ‘have not’. As in I ‘have not’ a huge illiquid liability that I need somoene to take off my hands.
Zekas’s new strategy for drumming up business on his site is to try to start a flame war with this one? I’m actually starting to feel sorry for the old man… He’s doing what he has to do to eat.
Nice place, but did anyone else notice that it looks to be on either an elevated first floor or street level? I don’t think I would pay $700K to live on anything that didn’t have a view.
Neat place. Not my style however.
Does YoChicago really have anything of value on thier site? Seems like a bunch of ads for developers and thats about it.
“did anyone else notice”
Anyone who read the posted listing did–it says it used to be part of the lobby.
Yo’s time has come and gone…. Joe has become bitter and downright hateful… I stopped wasting my time on Yo a while back.
I used to visit Yo regularly and comment regularly. I was shouted down for two years. Now I check it out once in the AM and once in the PM and don’t bother to comment. Not many people do comment anymore by the looks of it. Funny thing is, in the last 60 days Yo has been more prone to post bearish posts but since Joe so succesfully chased all the bears away no one comments. It seems like they’re trying to reel the bears back in by baiting them with these posts to increase traffic. Doesn’t seem to be working.
Joe Z is a delusional a-hole. If I were an advertiser I would NOT place ads there from his hostility to people and nasty tone.
“This is an exceptional old place. I believe that price is not TOO far off. This is one of the few units that still has its original details and trim, and look at the ceiling height.”
laura arent you the person who said that lofts were passing fads because they have high ceilings and no one would pay the heating costs. either you think high ceilings are passing fads or they aren’t. i understand if you dont like lofts just dont make up reasons for it. hater.
Does this big assessment include the heat? If it does, then the high ceilings don’t matter much.
As someone else said- this unit isn’t for those on a tight budget.
Decent unit, but it really feels like a lobby of a building. Not really something I would like. Also, couldn’t they have extended the era finished in the bedroom? It’s like walking from a lobby into a 2005 condo with boring white walls. and I hope that’s not the master bath on the realtors website. Small basin, weird mirror.
Yes, solo, I said that. But with this unit, we are talking about an exceptionally beautiful apartment that has much better insulation that the typical loft.
But this is an exceptional unit for an exceptional buyer.
As I said, this place is for an affluent person. Rich folk will always be able to use more resources than the rest of us. Large old apts with 14′ foot ceilings and maintenance expense to match are not for the middle income buyer earning $65K-$150K a year- the very people who have been snookered into lofts.
In consideration of my own finances, I’ve decided to leave high-maintenance dwellings to the rich, and I believe a lot of other middle-income folk who used to be loft buyers, will be doing the same going forward, as energy costs ratchet upward. Don’t count on the current cheap oil and gas prices holding.
im a “have” AND im bitter. wheres that put me?