We Love Private Rooftop Terraces: 800 W. Cornelia in Lakeview
This 3-bedroom duplex up unit at 800 W. Cornelia in the heart of Lakeview has many of the features of a single family home with the benefits of being a condo.
It is on the top floor of a 4-story elevator building and has its own 20×14 private terrace and balcony.
The master bedroom and family room are on the second level and have access to the terrace.
The property also has the rare amenity of 2-car parking, which is included in the price.
Kevin Tatum at Re/Max Edge has the listing. See more pictures here (warning- music).
Unit #408: 3 bedrooms, 2.5 baths, 1825 square feet
- Sold in November 2004 for $614,000
- Listed in October 2009 for $699,000
- Currently still listed for $699,000
- Assessments of $476 a month (includes cable)
- Taxes of $10,359
- Central Air
- Washer/Dryer in the unit
- Fireplace
- Family room: 14×13
This is a relisting. It was initially listed in May of 2008 and delisted in at the end of September 2008. Anyone have the 2008 price?
I like this place, but I thought the 2004 price was awfully steep and I can’t imagine it getting any more than that now.
I believe it would sell at $599K.
I won’t say that this is priced right, but it is a nice building. I have a friend who lives in one of the duplex ups like this one. The rooftops are nice, but they are all lined up so there’s not much privacy. Another friend of mine just sold a lower unit without much of a problem about 4 months ago. OK, I will comment on the price. Seems high.
Same agent listed it 5/6/08 for $729,000 reduced to $719,000 and listing cancelled 9/27/08.
what do you think of the abundance of random plants on the terrace jon?
“what do you think of the abundance of random plants on the terrace jon?”
Funny you should ask… I definitely like a more unified approach to things. When I got my place in 1999 I began accumulating things on my rooftop (heaters, planters, fountains, pots, clock/thermometer, propane torches, dining set, lawn chairs, hose reel, bubble machine (yea…), you get the idea) — and if there is one thing I could do over it would be to come up with a better, more simple plan. Zen is more.
Very nice unit. I’m not sure its going to sell at $699,000 but will guess that it is snatched up quickly if lowered to around 600k
I like this place, its 699k on the corner of halsted and corniela, and 3br around it are in the 440k-599k range
BUT
here you get 2 parking spots, its a “penthouse” or top floor, the kitchen is really not that bad, bedroom sizes are good and the rest of the place is nice.
Same agent sold a 3/2 at same address in 2006 for $850.
Talk about some buyers’ remorse.
Condo/Townhouse
800 W Cornelia
CHICAGO List $859,000
04/11/06
Sold $850,000
07/16/06 3 Bed
2 Bath
(Source – the listing agent’s website)
Those are some ridiculous taxes.
If I let them keep the chandler, will they drop the price?
“Those are some ridiculous taxes.”
Unit 400’s assessed value is *double*. This one is about average for the 4th floor units, excluding 400.
And that’s with the HO exemption, tho they didn’t get the maximum benefit.
“and if there is one thing I could do over it would be to come up with a better, more simple plan. Zen is more.”
I would agree with that. That’s kind of what I’m attempting but mostly out of necessity due to lack of space.
As a sidenote, How the heck did the stager make an 1825sqft place look so tiny, or is the layout in this place just that bad? Or did the realtor include the terrace in the sqfootage?
“Will someone in this market love it so much to pay through the nose for it? ”
I would have gone with “pay up the ass for it”
But yes, parking and driving in general in this hood is a nightmare.
Ah Hydrate. I forgot to mention that if you live in this building, you just tell the bouncer and you get to skip ahead of the line. That’s gotta be worth at least $25K.
“How the heck did the stager make an 1825sqft place look so tiny, or is the layout in this place just that bad?”
From what I recall, the units are very “stacked” in that there are no atrium spaces, just a – say 900 SF – place on top of another for 1800 SF. The “2” bedroom has a room that is open on top to the very small kitchen. More of a windowless study. It’s great to know people here if you plan to go to the Pride parade.
Just an FYI – I think this is actually a 2 bedroom unit. The realtor’s own description says that it is. I guess he’s trying to consider one of the other rooms as a potential bedroom… Kind of deceptive.
http://www.kevintatum.com/bin/web/real_estate/AR202734/EXTRA_LISTINGS/Chicago/1258584456.html?ZKEY=&acnt=AR202734&action=EXTRA_LISTINGS&inwindow=&hs_action=VIEW_DETAIL&listing_id=REAGAD40865877&start=0&grp=ALL
I, too, was wondering why it looked so small in the pics and couldn’t recall where this third “bedroom” was. The fact that someone bought a unit in this building in 2006 for $850K clearly left some of the owners in a delusional state.
“Just an FYI – I think this is actually a 2 bedroom unit. The realtor’s own description says that it is. I guess he’s trying to consider one of the other rooms as a potential bedroom… Kind of deceptive.”
so should we rename this blog from cribchatter to ‘Can you spot the crooked realtor’ blog or the ‘Logan Square’ blog?
I do think that we should have a REALTOR HALL OF SHAME on here…
Just looked on redfin too and it’s described there as a 3 bedroom but, funny, there’s no listing for the dimensions of that 3rd bedroom.
Sometimes I hope that realtors are just doing this as a side gig and not as a full time job so that they can say things like, “the pictures really suck but I was working (at my other job) all week and couldn’t get over there to take some new ones” or “2 bedroom, 3 bedroom, who cares? I’m so busy with my other job that I just put down 3 bedrooms!” “My listing is full of typos? I was so tired from pulling that all nighter at the [insert other work place]!” Sadly, this probably isn’t the case.
Well we certianly declared that the age of the 500k 2 bedroom condo are over, so what do we say to this place?
ROFLOLZ!
Here’s what the mls has for room sizes for #408:
Living Room: 28X14
Dining Room: COMBO
Kitchen: 18X13
Family Room: 14X13
Master Bedroom: 16X12
2nd Bedroom: 13X12
3rd Bedroom: 09X08
It looks like unit 401 is larger than 408. 2025 sf vs 1825 sf per MLS records. The assessor has it assessed 12% higher, too, which appears to confirm the size difference.
That $850,000 purchase of 401 in 7/06 happened thanks to 100% financing ($680K Bank United + $170K Nat’l City.) The previous owner paid $735,000 in 10/03.
Given the size difference, return to normal lending environment, price delines and loss of new-car smell; the current ask is nowhere near market value.
The good: I love that terrace off the master bedroom.
The eh: it’s definitely a stretch to consider that den a 3rd bedroom. Maybe you could do a crib and a rocker…? Or if you wanted to use it as a guest room, *maybe* one of those oversize chairs that folds into a twin from C & B…?
“That $850,000 purchase of 401 in 7/06 happened thanks to 100% financing ($680K Bank United + $170K Nat’l City.)”
Forgive my ignorance, but that means they put $0 down? How is that possible?
“Forgive my ignorance, but that means they put $0 down? How is that possible?”
“purchase of 401 in 7/06”
Also, note the lenders. There is a reason neither of them exist (as independent entities) anymore.
Hello all,
I am the listing agent for this property and have been reading, with interest and some giggles at the various comments regarding the listing. I have to admit that I appreciate one’s candor and honesty. However, I’m not a huge fan of this website because it appears that 99% of all the comments are negative, which makes me wonder about the name “Crib Chatter”. I believe I could come up with a better one.
Jon, I believe you have confused abbreviations with typos in the listing. As you are probably aware, we as Realtors only have a limited amount of space for copy/verbage, so the attempt is to call attention to the unique features of a specific property.
“”Same agent sold a 3/2 at same address in 2006 for $850.
Talk about some buyers’ remorse.
Condo/Townhouse
800 W Cornelia
CHICAGO List $859,000
04/11/06
Sold $850,000
07/16/06 3 Bed
2 Bath””
Jon, I think you meant to say $850,000 or $850k versus $850. And yes, I was the listing agent for that unit which sold at 99% of initial asking price in 56 days. Since I represented the Seller, we were both happy with the outcome. Do the current owners have buyers remorse? I’m not sure, but they still live there and love it.
I was also the listing agent for Unit 205, which sold in August of this year for $405,000. This represents a 97% of the final list price in 74 days. This unit is approximately 1076 square feet which represents $376.39 per square foot. Jon, based on your comments, you may know this client. If so, I encourage you to reach out to him and see if he was happy with our services. I can provide you with his contact number.
Also, Unit 308 just sold in October for $358,500 which was 1040 square feet which represents $344.71 per square foot.
So, if we take into account Unit 408 square footage, 1825 (and no this does not include the outdoor space, I do not know of any agent in their right mind who would do this) and based on the last two sales in the building, then conversatively we are looking at $360.55 per square foot, not to mention an additional $25k for a second parking space and the additional outdoor space…well you can do the math.
I do want to thank you and Groove77 for mentioning the misprint on the website as it pertained to the floorp plan, specifically the Den, which was converted to a 3rd Bedroom and contains a door, window/natural light and a closet. The dimensions are 09×08. Yes, its small and would not be used as master. It has since been corrected. My apologies. We work from a checklist make every attempt to pay close attention to the details. It is never our intention to mislead or misrepresent any of our listings. So, again thanks for pointing this out.
Jon regarding your comments directed specifically at my business:
“”Sometimes I hope that realtors are just doing this as a side gig and not as a full time job so that they can say things like, “the pictures really suck but I was working (at my other job) all week and couldn’t get over there to take some new ones” or “2 bedroom, 3 bedroom, who cares? I’m so busy with my other job that I just put down 3 bedrooms!” “My listing is full of typos? I was so tired from pulling that all nighter at the [insert other work place]!” Sadly, this probably isn’t the case.””
I extend an open invitation to you to meet and discuss how we conduct our business, i.e., mission statement, goal, marketing & pricing strategies, etc. I’ll even buy lunch and no, not at Chipotle. You can call me at (773) 677-1465 or send me an e-mail at kevin@kevintatum.com.
Oh…one last thing, if I may. Jon, Groove77 & Sonies are you paid employees of Crib Chatter? I would be curious if you be would be willing to identify yourself too, as I have.
I appreciate all the comments and if you would like to actually come and see the property in person, please let me know
and I’ll get you in.
Respectfully,
Kevin Tatum
got some free time while doing some laundry and the Wife and son are passed out after a long day at State Street windows and ChristKindl Market. (seriously daley centers tree looks so sad, kind of like the charlie brown tree)
Welcome Kevin,
Thank you for taking time to join the crib chatting, and Snaps for sticking up for your listing!
as for me i wouldnt mind if sabrina threw some $$$ my way. Papa needs a snow blower 🙂 i found this website doing research for a “in-town” at One Museum Park. Would read it at work, learned a lot from the people here and it also killed time or if i needed a brain break (it so entertaining too, where is westloopelo or steve H?). one day Bob went on a rant and i had to join and jump in. (i think it was this past july) and since then havent stopped, very addictive.
Also i would think sabrina would pay Professonal RE or more edjumkated people than silly ol me 🙂 i am supprised i havent been banned yet.
CribChatters here are a horrible jaded bunch, but re-read some old listings and old posts when you get free time and you will see why. or at least have some empathy for some of the locals here.
I do hope you stick around and contribute, as another perspective is edjumakational and entertaining.
ok gotta roll somebody needs to wash baby bottles
Agreed about the Christmas tree…The one in front of the Cheesecakefactory looks better.
Kevin, congrats on a nicely done website (though I could do without the music).
Rachel, I agree….music be gone. Done!
“Oh…one last thing, if I may. Jon, Groove77 & Sonies are you paid employees of Crib Chatter? I would be curious if you be would be willing to identify yourself too, as I have. ”
No, and no. But if you really really wanted to creepily find out who I was, and what I do you could. Although I have no idea why anyone would spend even 30 seconds doing such a pointless exercise. I am not a wealthy, nor very important person. I do own many leather bound books, and a small condominium however.
Kevin,
While you are not a fan of this website, at least you read with the same interest and giggles that we all probably do. You should note that my comments on your listing were both positive and negative. I noted that, based on my experience, it is a nice building and the rooftops are quite nice. (To answer another of your questions, I do not work for Crib Chatter).
I noted that the description on your website listed conflicting information regarding the number of bedrooms. While the error actually worked to the benefit of a potential seller in that there are actually 3 bedrooms (and we will not debate the merits of a den conversion), my point was simply that the information was incorrect and you acknowledged that and corrected it. Surely, your client appreciates that. So the ensuing rant regarding me and others proved to be a bit unnecessary. For example, calling me out for typing that the other penthouse unit sold for $850 when I should have said $850,000 or $850k elicited a giggle from me. I sincerely doubt that even the casual reader believed that it sold for $858,150 under the list price. But touche and I stand corrected.
The tangent that I embarked on after pointing out the 2 bedroom/3 bedroom inconsistency in your listing had little to do with you personally and more to do with the sort of issues we discuss regularly such as poor photos, questionable representations, and typos. Because the MLS apparently limits the space/information that you can convey, it seems all that much more important that it be impressive and accurate. Certainly you would agree that there are listings out there that are less than impressive. I do have one question and that is whether you are similarly constrained in the information that you provide on your website. While I certainly understand the MLS limitations, do realtors have to use the same cryptic style and abbreviations on their own websites? With regard to your listing, the photos are very nice and the information now seems to be correct.
Finally, as for your invitation for lunch to discuss your mission statement, goals, and marketing & pricing strategies, I’ll respectfully decline. I really just dabble in real estate as I’m fully employed in another sector. Crib Chatter and purely personal pursuits satiate my interest in the real estate world quite thoroughly. Like the others here, I think a first name basis is sufficient for our dealings. Besides, knowing all of the contributors here would destroy the shock and surprise of meeting if and when we begin having our annual Crib Chatter soiree.
As noted in my comments, I believe this is a nice building and the unit is well-appointed. I wish you the best in finding a buyer for your client.
Regards,
Jon
Rachel,
I try and avoid north of the river Michigan ave during the holidays, its a madness!!!!!
“The one in front of the Cheesecakefactory looks better”
“Kevin, congrats on a nicely done website ”
Kevin, sorry forgot to say Extra snaps on a the website and quality pictures. but why no floorplan, or did i miss it on there?
Jon and Sonies,
Dooodes it a free lunch and for some reason my brain is craving wishbone on lincoln (dont ask)…i will cover the tip
Groove, you do know there’s a wishbone west of downtown on washington st. right? (1000ish west)
Yes sonies,
been to brunch a few times at the one in west loop, back in 2005 i think when it was easy to find street parking in the west loop.
I think the last time i hit the one on lincoln was in 2007.
Yo Kevin. I’ll tell you my real name if you order me a pizza. I’d meet you for lunch but realtors usually make me lose my appetite.
Kevin i am still down for lunch!