The Non-Cookie Cutter Condo Sells in Lincoln Park: 1855 N. Halsted
We chattered about this unique 2-bedroom duplex at 1855 N. Halsted several times over the last few months including in September 2009 after it has recently been reduced.
See our prior chatter and pictures here.
In September, someone said it would sell for $450,000. Several others all thought it would sell quickly if priced in the mid-$500,000s.
It recently closed for $7500 over the 2007 purchase price.
Ron Knoll at Saffron Realty had the listing. Remember, Unit #1 was actually on the fourth floor.
Unit #1: 2 bedrooms, 2 baths, no square footage listed, 2 car parking
- Sold in March 1988 for $150,000
- Sold in January 1994 for $228,000
- Sold in January 2002 for $395,000
- Sold in June 2007 for $562,500
- Was listed in June 2009 for $635,000
- Reduced
- Was listed in September 2009 for $619,000
- Sold in November 2009 for $570,000
- Assessments of $429 a month
- Taxes of $5689
- Central Air
- Washer/Dryer in the unit
- Bedroom #1: 19×12
- Bedroom #2: 15×14
- Loft: 15×6
Im still digging the distressed sea-foam green kitchen! (groove’s kitchen my steal that idea)
i will now laugh at the selling price that is over the 2007 price…Ha Ha
Obviously the selling price is due to the proximity to the Store. Bob bought this place.
why so shocked it sold over the 07 price? I just sold my condo over the 05 price by $15k. Place is worth what someone will pay for it.
or maybe the proximity to the Manhandler
That stair is very photogenic. Wonder what it looks like in person. I too like the green kitchen!
Thumbs down on the euro-sized dishwasher, though.
Love that the losers who normally post here were wrong. Work harder instead of hanging out here so you can afford a place too.
This was the place with the lower ceiling height in the upstaris area. It just reminded me of that song “Short people got no reason to…” Maybe Minute Bull or Tom Cruise needed an in town pad.
Happy early Christmas to the sellers! They sure got a present with that sales price.
I think this supports the notion that unique places are selling better in this market. Standard developer finishes and cookie cutter places…not so much.
I will enjoy the most satisfying schadenfreude when you too lose your job and join the ranks of the 11.5% unemployed in the great state of IL desperately seeking work, any work.
“#ai on November 26th, 2009 at 10:28 am
Love that the losers who normally post here were wrong. Work harder instead of hanging out here so you can afford a place too.”
This sale shows that the market has yet to exhaust the supply of out-of-state kool-aid drinking LP trixies willing to overpay for their little piece of the post-Big 10 graduation dream.
LOL. If those 324,448 homes in Chicagoland would just “work harder” they wouldn’t be underwater on their mortgages. That’s 21% of mortgage holders according to Corelogic.
Buy now and be priced in forever.
I thought the top floor of this place was a $2M penthouse. In any event, I doubt this is a recent graduate (or parent of a recent graduate) buying at $570k.
For uncovered parking and ridiculously high assessments (for a 2/2), the seller here got a good deal.
“ai on November 26th, 2009 at 10:28 am
Love that the losers who normally post here were wrong. Work harder instead of hanging out here so you can afford a place too.”
naaaaahhh, its ok bro, i will work about the same (or maybe less) steal the design cues from the pictures and redo my kitchen, partially myself, this summer. when done i will then sit in my backyard with a cold one and be thankful i didnt spend 570k on a 1br condo in lincoln park.