This vintage 2 bedroom unit in The Eddystone at 421 W. Melrose in Lakeview just came on the market as a Fannie Mae property.
The building was completed in 1929, as the Depression was just beginning, and was really the last of the magestic vintage apartment buildings to be completed in that era. It was supposed to be two buildings originally, but the Depression intervened and the second building was dropped and never completed.
The listing for this unit says “close by Dec 31, 2010, seller will offer 3.5% seller credit.”
It has hardwood floors throughout and what looks to be the original crown molding.
The kitchen and baths look intact (from the pictures.) The kitchen has white appliances.
There is no central air, in-unit washer/dryer or parking.
But at 1600 square feet, is this a deal for the square footage and location?
Rakesh Parikh at Keller Williams Lincoln Park has the listing. See the pictures here.
Unit #8C: 2 bedrooms, 2 baths, 1600 square feet
- Sold in November 2004 for $342,500
- Fannie Mae owned in May 2010
- Currently listed for $256,500
- Assessments of $1043 a month (includes heat, gas, cable, doorman)
- Taxes of $4496
- No central air
- No in-unit washer/dryer
- No parking