We first chattered about this 2-bedroom vintage duplex up in the courtyard building at 50 W. Schiller in the Gold Coast in November 2008 and then again in September 2011.
See our November 2008 chatter here.
See our September 2011 chatter here.
The price has dropped substantially during that time.
In 2011, it had been reduced from $679,000 to $595,000.
Some of you thought it would sell for under $500,000.
The unit is now listed at $485,000 and has a “motivated seller.”
If you’ll recall, back in 2008 the unit was described as feeling like Paris in the 1920s.
The current listing describes it as an “architectural gem.”
Built in 1923, it has 18-foot ceilings and the listing says a Ralph Lauren inspired kitchen with black cabinets and stainless steel appliances.
It has a wood burning fireplace and built-ins.
The unit has space pac cooling and a washer/dryer in the unit.
There is no deeded parking- but it is available next door for rent.
The assessments haven’t gone up since we last chattered about it in 2011. They apparently include the property taxes.
Just a reminder, the furniture and artwork (and yes- the animal head) will not be there when you move in.
Clio said in 2011 that if the price of this property went to $499,000 it was his. But, alas, it was listed at $499,000 in June of last year and still remains on the market.
Other units in this building have sold during the 5 years it has been on the market.
Will this duplex finally sell in 2013?
Helen Beller at Koenig & Strey Real Living still has the listing. See the pictures here.
Unit #2H: 2 bedrooms, 2 baths, 1500 square feet, duplex
- I couldn’t locate a prior sales price
- Was listed in November 2008 for $679,000
- Reduced several times
- Was listed in September 2011 for $595,000
- Currently listed for $485,000
- Assessments are still $1711 a month (includes taxes, gas, cable)- they were $1172 a month in the 2008 listing
- Taxes of $6444 (but apparently included in the monthly assessments)
- Space Pac cooling
- Washer/Dryer in the unit
- No parking
- Bedroom #1: 17×11 (second floor)
- Bedroom #2: 11×9 (second floor)