We Love White Painted Hardwood Floors: 233 E. Walton in the Gold Coast

233 e walton

This 4-bedroom co-op at 233 E. Walton in the Gold Coast came on the market in April 2013.

The building was built in 1922 with 1 unit per floor. There are only 13 units in the building.

If you look closely enough at the listing pictures, you’ll realize that the floors in many of the rooms are hardwood floors painted white and/or gray and white.

The kitchen is also white with modern white cabinets and stainless steel appliances.

It is a family-sized home with a library and family room along with 1 fireplace.

There is space pak cooling and washer/dryer in the unit.

The listing says that there is “outdoor parking for day use.”

And before you scream about the assessment, it does include real estate taxes. And remember, there are only 13 units to maintain the common areas of this building.

Are painted wood floors the new trend?

Lisa Malkin at Baird & Warner has the listing. See the pictures here.

Unit #9: 4 bedrooms, 4 baths, library, co-op, no square footage listed

  • I don’t know the previous sales price because it’s a co-op
  • Originally listed in April 2013 for $2.995 million
  • Still listed at $2.995 million
  • Assessments of $5891 a month (includes real estate taxes, gas, doorman, cable)
  • Taxes of $24,603
  • Space pak cooling
  • Washer/dryer in the unit
  • Parking for day use
  • Bedroom #1: 18×16
  • Bedroom #2: 13×12
  • Bedroom #3: 19×13
  • Bedroom #4: 16×13
  • Family room: 18×16
  • Library: 19×13

 

Have You Ever Wanted To Paint Your Hardwood Floors? 3534 N. Lake Shore Drive in Lakeview

This 2-bedroom vintage unit at 3534 N. Lake Shore Drive in Lakeview just came on the market.

It is bank owned.

The building was built in 1924 so this unit has the pre-war features like tall ceilings, hardwood floors, crown molding, generous room sizes and a big entry foyer.

The kitchen has white cabinets and stainless steel appliances.

There are no pictures of the bathrooms.

But you’ll notice from the pictures that some of the hardwood floors are painted.

Would you be okay with painting your hardwood floors?

Ron Ehlers at Jameson Sotheby’s has the listing. See the pictures here.

Unit #12D: 2 bedrooms, 2 baths, 1500 square feet

  • Sold in June 1993 for $150,000
  • Sold in December 1995 for $160,000
  • Sold in September 2006 for $430,000
  • Lis pendens foreclosure filed in August 2010
  • Bank owned in April 2013
  • Currently listed for $299,000
  • Assessments of $894 a month (includes water, cable)
  • Taxes of $5036
  • No central air
  • Washer/Dryer hook-ups in the unit
  • No mention of parking
  • Bedroom #1: 14×14
  • Bedroom #2: 14×13

 

An Upgraded South Loop 2/2 Priced To Sell Quickly? 1464 S. Michigan

1464 s michigan approved

We haven’t chattered about The Marquee at 1464 S. Michigan in the South Loop in awhile.

The building started closings in 2008 just as the housing bust was beginning.

This 2-bedroom on the 7th floor recently came on the market.

This is one of the east facing corner units with the larger corner terrace.

It has hardwood floors in the main living area and an upgraded kitchen with stainless steel appliances, granite counter tops and a tile backsplash.

The unit has 10 foot ceilings, in-unit washer/dryer, central air and parking is included.

It has come on the market $22,000 under the 2008 purchase price.

Is this priced to sell quickly in a tight South Loop market?

Charles Gullett at Best Chicago Properties has the listing. See the pictures here.

Unit #704: 2 bedrooms, 2 baths, no square footage listed

  • Sold in May 2008 for $387,000 (included the parking)
  • Currently listed for $365,000
  • Assessments of $364 a month (includes gas, doorman)
  • Taxes of $4019
  • Central Air
  • Washer/Dryer in the unit
  • Parking included
  • Bedroom #1: 12×11
  • Bedroom #2: 10×9

 

Get a 2/2 in the South Loop for Under $275,000 With Parking: 1529 S. State

1529 s state

This 2-bedroom at 1529 S. State in the South Loop came on the market in mid-July of 2013.

It’s hard to believe that this building was built in 2001 so it’s now 12 years old. A lot of the high rises in the South Loop are no longer “new.”

This unit is a corner unit a Southeast exposure with some lake views.

It has hardwood floors in the living room and new carpet in the bedrooms.

The kitchen has maple cabinets, stainless steel appliances and granite counter tops.

It has the features buyers look for including central air, washer/dryer in the unit and garage parking which is included.

It was recently reduced $9,000 and is now listed $6,000 under the 2005 purchase price at $270,000.

Is this a good starter condo in this neighborhood?

Dawn Venit at Baird & Warner has the listing. See the pictures here.

Unit #14B: 2 bedrooms, 2 baths, no square footage listed

  • Sold in January 2002 for $252,000
  • Lis pendens filed in July 2003
  • Bank owned by March 2004
  • Sold in April 2005 for $276,000
  • Originally listed in July 2013 for $279,000
  • Reduced
  • Currently listed for $270,000
  • Assessments of $522 a month (includes gas, heat, a/c, cable, doorman)
  • Taxes of $3166
  • Central Air
  • Washer/Dryer in the unit
  • Parking included
  • Bedroom #1: 12×15
  • Bedroom #2: 10×12

7 Months Later, East Lakeview 3-Bedroom Coach House Still Available: 809 W. Oakdale

809 w oakdale

We last chattered about this 3-bedroom coach house in the Gaslight Village at 809 W. Oakdale in April 2013.

See our previous chatter here.

In April there was a lot of talk about the taxes being nearly $15,000 for a property in an attached building that is part of a condo association.

The coach house is still available and has been reduced another $70,000

As for the taxes, the listing now says: “Tax appeal won & reflects on 2nd installment. 8.5% reduction.”

If you recall, the previous listing for Coach House West said it “hasn’t been available for 40 years.”

It has a 2 story unique round living room.

It also has 2 fireplaces, skylights and a rooftop deck.

The coach house has other features buyers look for including central air, washer/dryer in the unit and a 2 car attached garage.

But the monthly assessment is $1450 a month (3 years ago Coach House East’s assessment was $1440 a month). This includes heat, gas and cable.

The current listing says “investors welcome to purchase and rent out the unit.”

Is this really a property that would appeal to a landlord?

What price will it take to finally sell this property?

Bill Doebel at Coldwell Banker now has the listing. See the pictures here.

Unit #CHW: 3 bedrooms, 2.5 baths, was 2000 square feet in April 2013 and now the listing says 2500 square feet, 2 car garage parking

  • Last sold 40 years ago
  • Originally listed in February 2013 for $599,000
  • Was listed in April 2013 for $499,000
  • Reduced
  • Currently listed for $429,000
  • Assessments of $1450 a month (includes gas, heat, cable)
  • Taxes now $15563 (they were $14860 in April 2013)
  • Central Air
  • Washer/Dryer in the unit
  • Rooftop deck
  • Bedroom #1: 17×17 (second floor)
  • Bedroom #2: 12×12 (second floor)
  • Bedroom #3: 12×12 (main floor)
  • Family room: 12×10 (main floor)

3-Bedroom Lakeview Loft Penthouse Reduces $55,000: 3133 N. Lakewood

3133 n lakewood

We last chattered about this 3-bedroom penthouse loft at 3133 N.  Lakewood in Lakeview in June 2013.

See our previous chatter here.

At that time, it had come on the market for $110,000 more than its 2010 purchase price at $710,000.

Some of you thought it was overpriced.

It is still on the market and has reduced $55,000 to $645,000.

If you recall, it has 15-foot ceilings and walls of windows with southeast views of the city.

The loft doesn’t have any of the features you’d find in an older loft building such as walls of exposed brick (there is one wall of bricks in one of the bedrooms but it doesn’t look like it is original to the building.)

It has luxury finishes in the kitchen including Viking and Bosch appliances.

There is a 40 foot private deck, along with 1-car parking.

The loft has other features buyers look for including a full-sized laundry room and central air.

If a property in the GreenZone doesn’t go under contract within two weeks of listing, should it be reduced immediately?

Michael LaRocque at Present Value Realty still has the listing. See the pictures here.

Unit #PH-S: 3 bedrooms, 2 baths, 1600 square feet

  • Sold in June 2008 for $600,000
  • Sold in June 2010 for $600,000
  • Was listed in June 2013 for $710,000
  • Reduced
  • Currently listed for $645,000
  • Assessments of $289 a month
  • Taxes of $6913
  • Central Air
  • Laundry room: 8×8
  • Bedroom #1: 14×13
  • Bedroom #2: 16×10
  • Bedroom #3: 12×11

“Modern Renovation” in the Middle of the Gold Coast: 1301 N. Dearborn Parkway

1301 n dearborn

This 2-bedroom in The Whitney at 1301 N. Dearborn Parkway in the Gold Coast just came on the market.

The listing calls it a “modern renovation.”

The kitchen has custom cabinets, quartz counter tops and stainless steel appliances.

The master bath has a floating vanity and large shower.

The corner unit has limestone floors in the foyer and wide plank hardwood floors along with crown molding.

It has all the other features that buyers look for including central air, washer/dryer in the unit and parking is included.

The Whitney was built in 1998.

This unit is listed for $859,500.

Is this the new price point for larger 2-bedroom units with “new” finishes in the Gold Coast?

Duane Shumaker at Prudential Rubloff has the listing. See the pictures here.

Unit #601: 2 bedrooms, 2.5 baths, 1787 square feet

  • Sold in June 1998 for $472,500
  • Sold in February 2000 for $545,000
  • Sold in July 2009 for $650,000
  • Currently listed for $859,500 (parking included)
  • Assessments of $1020 a month (includes A/C, gas, doorman, cable)
  • Taxes of $11927
  • Central Air
  • Washer/dryer in the unit
  • Bedroom #1: 17×15
  • Bedroom #2: 13×12
  • Laundry room: 6×5

Gold Coast 1-Bedroom Returns After Rehab: 40 E. Delaware

40 e delaware

We’ve chattered about this 1-bedroom at 40 E. Delaware in the Gold Coast before.

See our May 2011 chatter here.

Back then, the unit was listed as a short sale and had carpeting and what looked to be original finishes in the kitchen and bath.

It eventually went back to the bank which then sold it in November 2012.

The unit has come back on the market with hardwood floors, a new kitchen with dark wood cabinets, granite counter tops and stainless steel appliances, and a new vanity in the bathroom.

The unit has wall air conditioning and in-unit washer/dryer. There’s no parking but it’s available in the neighborhood to rent.

It has the same views as 2011, which look into the newly built Elysian.

Back in 2011 we chattered about this being a unit to buy for a child attending Loyola which has a law campus nearby.

But the unit could have been bought in the $100,000-$200,000 range back then.

Does it still make sense at this higher price of $219,000?

Gregory Eldridge at Streeterville Properties has the listing. See the pictures here.

Unit #404: 1 bedroom, 1 bath, no square footage listed

  • Sold in January 1997 for $105,000
  • Sold in February 2001 for $168,000
  • Sold in September 2001 for $185,000
  • Sold in December 2003 for $170,000
  • Sold in March 2005 for $194,500
  • Originally listed in July 2010 for $239,000
  • Reduced numerous times
  • Lis pendens foreclosure filed in February 2011
  • Was listed in March 2011 for $169,900
  • Was listed in May 2011 as a “short sale” for $129,900
  • Withdrawn
  • Bank owned
  • Listed in August 2012 for $181,900
  • Reduced
  • Sold in November 2012 for $127,000
  • Originally listed in May 2013 for $225,000
  • Reduced
  • Now listed for $219,000
  • Assessments now $525 a month (they were $481 a month in May 2011) (includes doorman, cable)
  • Listing offers to pay assessments for the first 6 months.
  • Taxes now $2704 (they were $2639 in May 2011)
  • Central Air
  • Washer/Dryer in the unit
  • Rental parking nearby
  • Bedroom #1: 11×13
  • Living room: 19×17
  • Kitchen: 10×7

Looking For a 1-Bedroom With Lincoln Park and Lake Views for Under $225,000? 2500 N. Lakeview

2500 n lakeview

This 1-bedroom in 2500 N. Lakeview in East Lincoln Park just came on the market.

At 900 square feet, it is east facing so it DOES have Lincoln Park and lake views.

Given that the building was built in 1974, the unit has some interesting features including teak herringbone cherry floors, crown molding and French doors.

The kitchen has maple cabinets, Corian counter tops and white appliances.

There are 2 wall air conditioning units and it also has in-unit washer/dryer. Parking is available to rent in the building for $155 a month.

This is a full-service building with a doorman, pool and exercise room.

Is this a deal for the location?

Heidie Maslo at Coldwell Banker has the listing. See the pictures here.

Unit #503: 1 bedroom, 1 bath, 900 square feet

  • Sold in June 1997 for $145,000
  • Currently listed for $219,000
  • Assessments of $594 a month (includes doorman, pool)
  • Taxes of $3384
  • No central air- wall units instead
  • In-unit washer/dryer
  • Parking available to rent in the building for $155 a month
  • Bedroom: 16×13

After 3 Years, Contemporary Penthouse Finally Sells: 919 N. Wolcott in West Town

919 n wolcott

We’ve been chattering about this 2-bedroom top floor unit in 919 N. Wolcott in West Town on and off since 2010.

See our May 2011 chatter here.

If you recall, this is a Ranquist development.

The unit had been converted from a 3-bedroom to a 2-bedroom but it also had two outdoor spaces including a private 9×15 terrace off the master bedroom and a large 11×26 terrace off the great room.

It also had a top of the line Arclinea kitchen with Miele and Gaggeneu appliances. The massive kitchen island also had a modern stainless steel counter top.

There were all the features you would expect from new construction including central air, an in-unit washer/dryer and parking.

Interestingly, we’ve chattered about this building before and specifically about the “sister” penthouse, Unit #301.  It had similar luxury finishes.

That unit sold in May 2010 for $675,000.

This unit came back on the market in May 2013 at $699,900 to test this hotter market.

It finally recently sold for $635,000.

Given what #301 sold for in 2010, and the market is now hotter, did someone get a deal?

Ivona Kutermankiewicz at Koenig & Strey Real Living had the listing. You can still see pictures here.

Unit #302: 2 bedrooms, 2 baths, no square footage listed, 2 car parking

  • Sold in March 2004 for $430,000
  • Sold in July 2008 for $707,500 (included the parking)
  • Originally listed in August 2010 for $700,000
  • Reduced
  • Was listed in December 2010 for $689,000 (plus $18,000 for parking)
  • Reduced
  • Was listed in May 2011 for $650,000 (plus $18,000 for parking)
  • Withdrawn
  • Originally listed in May 2013 for $699,900
  • Reduced
  • Sold in July 2013 for $635,000
  • Assessments of $334 a month (they were $284 a month in 2011)
  • Taxes now $7232 (they were $6959 in 2011)
  • Central Air
  • Washer/Dryer in the unit
  • Bedroom #1: 14×14
  • Bedroom #2: 10×12
  • Family room: 10×11