11 Months Later, SFH With the Lush Garden Goes Under Contract: 1354 W. Webster in Lincoln Park
This 4-bedroom single family home at 1354 W. Webster in Lincoln Park is under contract after first coming on the market 11 months ago.
We’ve chattered about it several times including last October where we somehow discussed ARMs.
See our prior chatter here.
It hasn’t been reduced since we last chattered about it 6 months ago.
It seemed to have it all with 3 of the bedrooms located on the second floor, central air, a 2 car garage and lush gardens in the backyard that have even made an appearance in the Sheffield Garden Walk in years past.
Some of you predicted it would sell for around $700,000 while at least one of you predicted $575,000, due to its location.
We’ll soon see who was right.
Carol Duran at Prudential Rubloff has the listing. See the pictures here.
1354 W. Webster: 4 bedrooms, 3 baths, no square footage listed, 2 car garage
- Sold in August 1996 for $355,000
- Sold in June 1998 for $385,000
- Sold in May 2000 for $592,000
- Public records indicate it sold in 2003 but I can’t find a price
- Listed in April 2009 for $849,900
- Was still listed in June 2009 at $849,900
- Reduced
- Was listed in October 2009 at $799,000
- Currently still listed at $799,000
- Taxes of $9769
- Central Air
- Living room: 17×11
- Dining room: 11×10
- Office: 11×7
- Kitchen: 19×11
- Bedroom #1: 15×13
- Bedroom #2: 11×10
- Bedroom #3: 15×13
- Bedroom #4: 11×11
I’ve been following a few properties and I’ve see a lot of listings go to Contingent or Pending, and then just back to Active a few weeks later.
This still needs to get through inspection, apprasal, finaincing, and closing. Good luck to all involved.
it’s a charming property with loads of character, a welcome departure from the mcmansions with no soul that load lincoln park these days. i hope it sells soon to somebody who will appreciate it.
the prior prediction of $575 seems terribly low.
i’d much rather live here than the new construction condo development further east on webster that we discussed a few days ago.
I would never want to be so near to the wasteland that is Clybourn, but you’d never find such a nice 4BR in prime LP for the price.
Remember, this is next door to garbage dump.
Tom,
You know, I’ve noticed some data peculiarities that suggest about 15% of contracts fall through within a month. So about 3 days ago I started tracking about 950 deals to see what the real numbers are. Too soon to tell but there are so many gotchas out there…short sales where the lender can’t get an answer back soon enough, listing agent misrepresents the property (hard to believe, I know).
“Remember, this is next door to garbage dump.”
Please provide a link to an aerial photo of this “dump”.
There’s a ward garage around the corner, but there is no “dump” anywhere near and the (relatively near) transfer station is west of Clybourn/Ashland on Medill, behind the Wendy’s. And that’s **still** not a “dump”.
this place is next to a chicken factory.
yes, you can say anything you want here.
This place is next to the lake
“This place is next to the lake”
at least it’s not in River North–that epic fail of a neighborhood*, with all of its epic fail residents**. It’s have to be *in* a grabage dump to be worse than that.
* per Bob
** per Bob
Looks like $740k was the closing price. . .