You Can Have A 5-Bedroom Penthouse In Old Town For $1.995 Million: 1515 N. Wells

If you thought most properties on Wells Street in Old Town were smaller 1 and 2-bedroom units, think again.

This 5-bedroom south facing penthouse at 1515 N. Wells came on the market in November 2012.

At 3600 square feet, it has hardwood floors throughout along with an unusual “staff quarters” with a full bathroom and a separate entrance.

The kitchen has stainless steel appliances, with two ovens, and granite counter tops.

It also has custom finishes such as Tre Piu doors, Bisazza & Sicis tile, Marvin triple pane windows and custom drapery rods.

Parking won’t be a problem as the unit has 3 heated parking spaces.

Stairs won’t be a problem either as it’s all on one level.

What’s the market for a large unit in the middle of the Old Town restaurant and social scene?

Charles Heaver at Prudential Rubloff has the listing. See the pictures here.

Unit #6E: 5 bedrooms, 3.5 baths, 3600 square feet, 3 car parking

  • I couldn’t find a prior sales price. The building was built in 2001.
  • Originally listed in November 2012 for $1.995 million
  • Currently still listed at $1.995 million
  • Assessments of $1151 a month
  • Taxes of $17,714
  • Central Air
  • Washer/Dryer in the unit
  • Bedroom #1: 13×18
  • Bedroom #2: 10×14
  • Bedroom #3: 10×14
  • Bedroom #4: 11×14
  • Bedroom #5: 15×10

 

Who Will Buy The Frances J. Dawes Mansion? 503 W. Wrightwood In Lincoln Park

The Frances J. Dawes Mansion at 503 W. Wrightwood in Lincoln Park has been on the market since March 2011.

The French Provincial mansion was built in 1896 and is on an oversized 80×134 lot.

The listing says it has been restored to “perfection” by Botti Studio of Architectural Arts.

It is on the National Register of Historic Places.

Its vintage features include wood ceilings, stained glass and numerous fireplaces.

At $9.9 million its among the most expensive homes on the market in Chicago.

What kind of buyer will ultimately end up with this mansion?

And at what price?

Mary Bennett at Koenig & Strey Real Living has the listing. See the pictures here.

503 W. Wrightwood: 7 bedrooms, 7 baths, 2 half baths, 12000 square feet, 4 car garage

  • Sold in March 1997 for $1.66 million
  • Sold in April 2001 for $1.316 million
  • Bank owned in August 2004 (???)
  • Originally listed in March 2011 for $9.9 million
  • Currently still listed at $9.9 million
  • Taxes of $26,322
  • Space pak central air
  • Bedroom #1: 40×30 (third floor)
  • Bedroom #2: 26×16 (second floor)
  • Bedroom #3: 20×15 (second floor)
  • Bedroom #4: 20×17 (second floor)
  • Bedroom #5: 17×15 (second floor)
  • Bedroom #6: 20×10 (lower level)
  • Bedroom #7: 12×12 (third floor)

 

Live The Dream With This Full Floor Pinnacle Penthouse: 21 E. Huron In River North

This 3-bedroom penthouse at The Pinnacle at 21 E. Huron in River North came on the market in May 2012.

It is a full floor unit and has two 1000 square foot terraces and multiple balconies with city views.

The listing says it has exotic woods along with a 1500 bottle wine cellar.

The unit also has 3 garage spaces.

At $7.9 million, it is among the top 10 most expensive properties for sale in the city.

It is listed $2.804 million above the 2005 purchase price.

Will it get the premium over the 2005 price?

Timothy Salm at Jameson Sotheby’s has the listing. See the pictures here.

Unit #4501: 3 bedrooms, 3.5 baths, 6000 square feet

  • Sold in March 2005 for $5.096 million
  • Originally listed in May 2012 for $7.9 million
  • Currently still listed at $7.9 million
  • Assessments of $5208 a month (includes pool and doorman)
  • Taxes of $57724
  • Central Air
  • Bedroom #1: 20×16
  • Bedroom #2: 18×14
  • Bedroom #3: 20×13

Get A Turret In This 2-Bedroom Historic House In East Lakeview: 614 W. Surf

This 2-bedroom single family home with a turret at 614 W. Surf in East Lakeview came on the market in September 2012.

Built in 1889 on an irregular 131×20 lot, it has a 2-car garage and a third parking space.

It has exposed brick and skylights along with 3 wood burning fireplaces.

While it has 2 bedrooms on the second floor, it also has a loft den/office.

The kitchen is described as “gourmet” with white cabinets and Sub-Zero appliances.

There aren’t a lot of single family homes in this location.

What’s the market for a 2-bedroom single family home listed over $1 million?

Leila Keene at Baird & Warner has the listing. See the pictures here.

614 W. Surf: 2 bedrooms, 3 baths, no square footage listed, 2 car garage

  • Looks like it sold in 1997 but I couldn’t find a previous price
  • Lis pendens foreclosure filed in June 2011
  • Originally listed in September 2012 for $1.39 million
  • Reduced
  • Currently listed at $1.299 million
  • Taxes of $10,955
  • Central Air
  • Bedroom #1: 30×14 (second floor)
  • Bedroom #2: 15×15 (second floor)
  • Den/loft: 9×9 (second floor)

 

 

An East Lakeview Vintage 3-Bedroom With All The Bells And Whistles: 432 W. Oakdale

This 3-bedroom top-floor vintage unit in 432 W. Oakdale in East Lakeview just came on the market.

It appears to be a 3-unit building.

The property has crown molding and hardwood floors throughout.

It also has a private rooftop deck.

The listing says it has a new kitchen and baths. The kitchen has maple cabinets, granite counter tops and stainless steel appliances.

The unit has a south facing sunroom and a large family room.

It has all the bells and whistles that buyers look for, and which are unusual in vintage units, including central air, in-unit washer/dryer and garage parking.

It’s listed $129,000 above the 2006 price.

Will it be able to command the premium?

Jennifer Ames at Coldwell Banker has the listing. See the pictures here.

Unit #4: 3 bedrooms, 2 baths, 2500 square feet, 1 car garage

  • Sold in January 1996 for $175,000 (per Zillow as I couldn’t find the public record for this property)
  • Sold in January 2006 for $590,000 (per Zillow)
  • Currently listed for $719,000
  • Assessments of $380 a month
  • Taxes of $9233
  • Central Air
  • Washer/Dryer in the unit
  • Bedroom #1: 13×14
  • Bedroom #2: 9×12
  • Bedroom #3: 13×12
  • Family room: 22×15
  • Sunroom: 12×8

Crib Chatter Vacation Schedule Next Week: Luxury Week!

I’m going to be out of town enjoying myself on the slopes next week (some states have to have some snow, right?)

So that means it will be the Crib Chatter vacation schedule!

You know the drill by now. That means there will just be one post a day. Sorry. I know it’s boring but you have to admit, the housing market simply IS boring right now.

Hopefully that will be changing in just a few weeks.

But in the meantime, next week’s topic will be Mansions and Penthouses. You KNOW I love to chatter about those dream properties.

I’ll be checking in from the ski lodge but I hope everyone is on their best behavior with their comments while I’m gone. (I’m not going to name names.)

Also- some of you have sent me tips recently for which I am grateful. You all have your pulse on the market and you’re finding me interesting properties. I appreciate it!

Never fear, I’ll be covering some of those properties when I return.

Best wishes,

Sabrina

Unique Loop 3-Bedroom Duplex Penthouse Is Still Available: 6 E. Monroe

We last chattered about this 3-bedroom duplex penthouse in The Mentor Building at 6 E. Monroe in the Loop in August 2012.

See our prior chatter here.

At that time, it was listed as a short sale and was on the market for $225,100 under the 2008 price at $599,000.

It never sold and was recently re-listed on the market.

However, it’s no longer listed as a short sale in the public listing and it is now price $31,000 higher at $630,000.

Remember this kitchen?  No standard dark wood cabinets for this unit.

It has cherry wood mode cabinets, Miele appliances and granite counter tops.

The unit is duplex up and has vaulted ceilings and skylights on the second level.

All three bedrooms are also on the second floor.

It has north, east and south views.

The unit has in-unit washer/dryer and central air. Parking is available across the street at 8 W. Monroe for $30,000.

What price will it take to sell this unit in 2013?

Jenna Smith at Redfin still has the listing. See more pictures here.

Unit #1601: 3 bedrooms, 2.5 baths, 2664 square feet, duplex up

  • Sold in June 2003 for $660,000
  • Sold in March 2005 for $675,000
  • Sold in March 2008 for $825,000
  • Originally listed in May 2010 for $1 million
  • Reduced numerous times
  • Was listed in August 2012 as a “short sale” at $599,900
  • Re-listed recently for $630,000 (parking is $30,000 extra across the street at 8 W. Monroe)
  • Assessments of $1230 a month (includes heat, a/c, cable)
  • Taxes of $8415
  • Central Air
  • In-unit washer/dryer
  • Bedroom #1: 18×13 (second floor)
  • Bedroom #2: 11×13 (second floor)
  • Bedroom #3: 18×15 (second floor)
  • Den: 14×11 (main floor)

 

Who’s Buying The Stately Homes Of Sauganash? A 3-Bedroom Georgian At 6244 N. Kirkwood

This 3-bedroom Georgian Lannon Stone at 6244 N. Kirkwood in the Sauganash neighborhood of Forest Glen has been on the market since July 2012.

The listing says it’s located on one of the neighborhood’s signature “K” streets.

Built in 1949, the house is on an oversized irregular lot measuring 109×128.9×73.2×124 and has a rare attached 2.5 car garage.

It has several bay windows and 2 fireplaces.

There’s a first floor family room and 2 wet bars.

There’s also a recreation room in the basement.

Since July, the house has been reduced $70,000 to $829,000.

Who’s the target buyer for these larger homes in Sauganash?  And at what price will they be willing to buy?

Quin O’Brien at 4 Sale Realty has the listing. See the pictures here.

6244 N. Kirkwood: 3 bedrooms, 3 baths, 2238 square feet, 2.5 car garage

  • Sold before 1988
  • Originally listed in July 2012 for $899,000
  • Reduced
  • Currently listed at $829,000
  • Taxes of $10,066
  • Central Air
  • 2 fireplaces
  • 2 wet bars
  • Bedroom #1: 15×15 (second floor)
  • Bedroom #2: 12×20 (second floor)
  • Bedroom #3: 10×12 (second floor)
  • Recreation room: 24×15 (basement)
  • Family room: 9×36 (main floor)

What’s Going Under Contract In The East Village: A 3-Bedroom SFH At 1025 N. Paulina

We usually don’t chatter about properties already under contract but since Gary said all we talk about are the depressed properties I thought I’d showcase one that went under contract in just a few months in a popular neighborhood.

This 3-bedroom brick cottage at 1025 N. Paulina in the East Village neighborhood of West Town was built back on the 25×130 lot so it has an unusual big front yard.

However, it still has room for a rooftop deck and a 2-car garage.

It has cherry floors on the main floor.

The kitchen has white cabinets and appliances.

One bedroom is on the third floor with the other two on the second floor.

There’s a family room on the second floor but no basement.

Originally listed in September 2012 for $635,000, it was reduced $10,000 before it went under contract after just a few months on the market.

Are move-in ready single family homes in the East Village a no-brainer to sell quickly?

Scott Zelkin at @Properties has the listing. You can still see the interior pictures here.

1025 N. Paulina: 3 bedrooms, 2.5 baths, no square footage listed, 2 car garage

  • Sold in October 1995 for $80,000
  • Sold in April 1997 for $257,000
  • Sold in September 2003 for $572,500
  • Sold in May 2006 for $662,000
  • Originally listed in September 2012 for $635,000
  • Reduced
  • Currently listed at $625,000
  • Under contract
  • Taxes of $8837
  • Central Air
  • No basement
  • Bedroom #1: 15×16 (third floor)
  • Bedroom #2: 14×10 (second floor)
  • Bedroom #3: 14×8 (second floor)
  • Family room: 17×15 (second floor)

This “Fantastic Buy” Will Bring You “Joy And Happiness”: 1350 W. Fullerton in Lincoln Park

This 2-bedroom in the Altgeld Club at 1350 W. Fullerton in Lincoln Park came on the market in November 2012.

It is bank owned.

The listing says:

“This is a fantastic buy that will bring you joy and happiness. This delightful 2br-2bth 12′ ceilings will allow you to host the best parties.”

The building also apparently has a “working HOA.”

From the pictures, it appears the kitchen is intact (except that the refrigerator is missing) and that at least one of the bathrooms is intact.

It is a Fannie Mae Homepath property so you can buy it with just 3% down.

The unit has central air and garage parking. It doesn’t say anything about a washer/dryer in the unit but this building does have hook-ups in the units.

It has been reduced $24,500 since November and is now listed at the 2002 purchase price.

Is this a deal for a little bit of joy and happiness?

Nicholas Hansen at REO Plus LLC has the listing. See the pictures here.

Unit #403: 2 bedrooms, 2 baths, no square footage listed

  • Sold in June 1998 for $241,000
  • Sold in February 2002 for $344,000
  • Lis pendens foreclosure filed in November 2009
  • Bank owned in April 2012
  • Originally listed in November 2012 for $369,900
  • Reduced
  • Currently listed at $344,500 (parking included)
  • Assessments of $385 a month
  • Taxes of $4915
  • Central Air
  • Washer/Dryer hook-ups in the unit
  • Bedroom #1: 14×14
  • Bedroom #2: 10×9