A Classic 1894 Chicago Rowhouse: 956 W. Dickens in Lincoln Park
Many people dream of living in a quaint rowhouse like this one at 956 W. Dickens in Lincoln Park.
Built in 1894, the 4-bedroom unit has crown molding and 3 fireplaces, including one in the master bedroom.
The listing also says the kitchen and baths are updated.
The rowhouse has skylights, a small backyard and central air.
It has also been reduced by $67,900 since it was first listed in July.
Ron Goldstein at Prudential Rubloff has the listing. See the pictures and virtual tour here.
See the property website here.
If you want to check it out in person, there will be an Open House this Saturday, Oct 31, on Halloween, from 2-4 pm.
956 W. Dickens: 4 bedrooms, 3.5 baths, no square footage listed
- Sold in September 1977 for $22,000
- Sold in August 1999 for $403,500
- Originally listed in July 2009 for $817,900
- Reduced
- Currently listed at $750,000
- Taxes of $10,500
- OR you can rent it for $3300 a month
- Central Air
- No Parking
- Bedroom #1: 17×18
- Bedroom #2: 10×12
- Bedroom #3: 9×9
- Bedroom #4: 11×9 (lower level)
Let me think about this one. Tie up $150,000 and make monthly payments of around $4,600/mo or rent for $3,300/mo and invest my $150,000.
This is a tough decision.
I agree on the rent v. buy comment above.
I have a hard time accepting the $750K price tag on this when 3 of the rooms add up to 300 square feet. The area is nice, but an 18×100 lot seems pretty narrow to me as well (and it shows in the rooms). And, of course, as we love to debate, there’s no parking (FAIL!).
No parking, but of course you are right by the El. And by right by, it looks like 25 feet away from the tracks. So much for the serene backyard for grilling.
“it looks like 25 feet away from the tracks. So much for the serene backyard for grilling”
come on the tree cover will block you from the train view and just wear ear plugs.
Lincoln Park was pretty dumpy in 1977 – they got a deal.
Of course, people buying in Humboldt or Garfield Park these days think they’re going to repeat the same success in 3 years instead of 30.
“invest my $150,000”
Din Ding Ding
“Of course, people buying in Humboldt or Garfield Park these days think they’re going to repeat the same success in 3 years instead of 30.”
Well to be fair attempting to survive 3 years in Garfield Park likely detracts 30 years from your life expectancy.
Investing your $150,000 say last year and you might have lost much more in the market than in equity in this place.
How much does rental parking go for around here and how close would it be? You probably don’t need a car with the grocery store right there, but its a nice to have…
I was at an open house in the 900 block of Fullerton this past weekend and the realtor tried to us that the noise from the tracks will be diminshed by a sound barrier that is being constructed. Apparently, the CTA is putting up some “fencing” at track level on the outside tracks. My wife and I looked at each other and hyar rolled our eyes. Anyone who thinks you can block the sound of the el with a wall or fence at track level is either dumb or lying to you. This is why people (i.e. me) don’t trust realtors!
“This is why people (i.e. me) don’t trust realtors!”
Yeah, most used house hucksters are light on brains and heavy on greed.
“Apparently, the CTA is putting up some “fencing” at track level on the outside tracks”
Wow now that’s a blatant lie if I’ve ever heard one… and even if they did do that it would be pointless and not do a damn thing to the sound!
“CTA is putting up some “fencing” at track”
and where is the Cta going to get money from to do this? no chicago 2016 olympics, they are already cutting back services, and doing a fare hike soon (realized that 65 an older thing was rough on business).
who is this lying realtor, i would like to hand them a dollar then….
while I agree buying as an “investment” is often pretty futile, I have to agree that given the limpid state of the American (if not global) economy right now, it is hard for me to wonder what is really a safer bet in the long haul than something like this, with some staying power.
which isn’t to say it isn’t overpriced, mind you – more a feeling that the idea that “investing” always pays off might be sort of a “bubble psychosis” in and of itself.
It is, skeptic. But it won’t be US real estate that suffers the least of “investments,” no matter how ‘desirable’ the area. These will be the areas that are lucky to fall only to something approaching rental parity.
As for everywhere else, there will be a discount to owning over renting as the debt slavery becomes more and more obvious to the sheeple.
“chichow on October 29th, 2009 at 12:44 pm
Investing your $150,000 say last year and you might have lost much more in the market than in equity in this place.”
Even the retirement account that I started in late 2006 is back in the black, and I’m no investment baron.
L has nothing to do with it, it’s in LP. It has no parking, plain and simple. If you don’t want a row house, move on. If you want windows on the side of your home, move on. If you want a full lot, move on.
I’m surprised at how many bring the L into the equation when thousands of homes in the city are within a block of them, and thousands more near the highway and the metra. If you’ve never lived by them, can’t really comment. I’ve lived right on the Dan Ryan, across from a hotel in the Gold Coast, and now back up to the L, none of them that bad.
Really gotta find more legitimate reasons as to why a house isn’t “movable” or priced right.