Flipper Alert: First Look at 1 E. 8th in the South Loop

It looks like closings have begun in 1 E. 8th, the 91-unit mid-rise building in the South Loop near the Printers Row neighborhood.

1-e-8th-_2.jpg

One 2-bedroom unit, Unit #708, has already come on the market. Here’s the listing:

New Construction END UNIT! Largest floor plan in a prime South Loop location! Split 2 bed/2bath condo highly upgraded! Floor-to-ceiling windows & high ceilings. Granite, S/S Appls, maple cabs, hardwd floors, Washer/dryer hook-ups, large private balcony w/ DAZZLING CITY VIEWS!

Steps to CTA, Loop, Lake, Target, Jewel, shopping & dining. Bldg Features- Xport Fitness, green roof, storage & low assessments! Parking $35K

Real-Tek Realty has the listing. See more pictures here (including the views of the Sears Tower.)

1-e-8th-_708-livingroom-_2.jpg

1-e-8th-_708-kitchen-_2.jpg

1-e-8th-_708-bathroom-_2.jpg

Unit #708: 2 bedrooms, 2 baths, 1100 square feet

  • I don’t have the original closing price yet
  • Currently listed for $395,000 plus $35k for parking
  • Assessments of $350 a month
  • Taxes are “new”

Selling 6 Months Later: 2110 W. Roscoe in Roscoe Village

We’ve chattered about how difficult it is to make money if you are selling a year or two after you bought a property.

But what about 6 months?

2110-w-roscoe.jpg

Such is the situation for the sellers of this 3-bedroom unit at 2110 W. Roscoe in Roscoe Village. It closed in January and was re-listed in June.

Here’s the listing:

BEAUTIFUL, HIGHLY UPGRADED THREE BEDROOM PENTHOUSE IN THE HEART OF ROSCOE VILLAGE. DARK HARDWOOD FLOORS THROUGHOUT, CROWN MOLDING, VERY UPGRADED KITCHEN CABINETRY W/GRANITE & JENN-AIR APPLS. ENORMOUS MASTER SUITE W/LARGE WALK-IN CLOSET, BATH W/SEPARATE SHOWER & TOILET. WIRED FOR SPEAKERS & PLASMA TV’S THROUGHOUT.

ROOF RIGHTS FOR LARGE DECK AND GARAGE PARKING INCLD. MEASUREMENTS DEEMED RELIABLE BUT NOT GUARANTEED.

2110-w-roscoe-_3-kitchen.jpg

2110-w-roscoe-_3-livingroom.jpg

Janet Jasmer at Jameson has the listing. See more pictures here.

Unit #3: 3 bedrooms, 2 baths, 1875 square feet

  • Sold in February 2005 for $535,000
  • Sold in January 2008 for $590,000
  • Originally listed in June 2008 for $625,000
  • Reduced
  • Currently listed at $609,000 (parking included)
  • Assessments of $199 a month
  • Taxes of $7719

A Single Family Home in Fulton Market: 1418 W. Fulton

When you think of trendy Fulton Market area and the West Loop, you think of loft condos not single family homes.

1418-w-fulton.jpg

This 6-bedroom house at 1418 W. Fulton might make you re-think your impression of that neighborhood.

Here’s the listing:

One of a kind gallery chic home w/6 bedrooms and a 3 car garage. Located in a serene yet stark urban setting in the Fulton Market district. Ultimate for entertaining! All open floorplan incl: commercial restaurant grade kitchen – 4 story atrium w/huge skylight and interior bridges.

Architectural concrete floors – ensuite spa like master w/endless closets. Huge rooftop deck w/hot tub- wet bar and the best views money can buy!

 1418-w-fulton-interior.jpg

1418-w-fulton-diningroom.jpg

Ed Hester at Dreamtown has the listing. See more pictures and the virtual tour here.

1418 W. Fulton: 6 bedrooms, 3 full, 2 half baths, 3 car garage

  • Prior sale looks to be in May 1998 for $181,500
  • Currently listed for $1,099,000
  • Taxes of $7,020
  • Hot tub!

A True Gold Coast Mansion: 1432 N. State Parkway

There are mansions and then there are “real” mansions like 1432 N. State Parkway in the Gold Coast.

1432-n-state-parkway-_2.jpg

No matter what anyone says about the “new” construction homes that have gone up during this housing boom, they aren’t building anything even close to a house like this one.

7 bedrooms, 6.5 baths and 9,000 square feet (which includes a carriage house).

Here’s the listing:

Elegant, Gold Coast estate on double lot with private, side driveway. Extra wide mansion is open on three sides; flooded with natural light from South, East, West exposures. 30-foot formal entry hall with mahogany wainscotting. Richly detailed, stately rooms. 10-ft + ceilings on all floors.

Expansive master suite, updated kitchen and baths. Brick carriage house with guest quarters. 9000 total square feet. Private courtyard, 2.5 car garage with carport.

1432-n-state-parkway-livingroom-_2.jpg

 1432-n-state-parkway-staircase-_2.jpg

Lindsey Stewart at Rubloff has the listing. See more pictures and a virtual tour here.

See the property’s website with more gorgeous pictures (including the kitchen) here.

1432 N. State Parkway: 7 bedrooms, 6.5 baths,  9000 square feet, 2.5 car parking

  • I couldn’t find a prior sales price going back to the 1980s
  • Currently listed for $7.25 million
  • Taxes of $45,163
  • Carriage house included

How Much For a River West Townhouse? 855 W. Erie

The listings on this complex in River West all say 855 N. Erie– but the public records list it as “west” erie.

Either way- this is a complex of townhouses on Erie that was built in 1997. Several are on the market.

855-w-erie-_2.jpg

What is the going rate for this location? Unit #123 has been reduced $30,000 in the last few months.

Here’s the listing:

SPACIOUS AND BRIGHT THREE LEVEL BRICK TOWNHOME IN AWESOME DOWNTOWN LOCATION. MAIN LEVEL FAMILY ROOM, OPEN LIVING ROOM/ DINING ROOM W/ STAINLESS KITCHEN & FIREPLACE ON 2D FLOOR, MASTER & 2D BED ON THIRD LEVEL, AND PRIVATE ROOFTOP WITH PRECISE & BEAUTIFUL SKYLINE VIEWS. WOW!

THREE FULL MARBLE BATHS AND ATTACHED GARAGE SPACE MAKE THIS RIVER WEST HOME A CANT MISS! BEST LOCATION IN WELL-MAINTAINED COMPLEX.

 855-w-erie-_123-kitchen.jpg

 855-w-erie-_123-livingroom-_2.jpg

@Properties has the listing. See more pictures and a virtual tour here.

Unit #123: 2 bedrooms, 3 baths, no square footage given, 1 car garage

  • Sold in January 2002 for $317,000
  • Originally listed in May 2008 for $469,900
  • Reduced
  • Currently listed at $439,900
  • Asssessments of $135 a month
  • Taxes of $3,634

Selling 3 Years Later in Lakeview: 815 W. Addison

With the Cubs in the playoffs, who wouldn’t want to live right down the street from the action? (Okay- not everyone would.)

815-w-addison.jpg

This 2-bedroom unit at 815 W. Addison, a 2005 rehab, has been on the market since March. It’s been reduced several times.

Here’s the listing:

LAKEVIEW/WRIGLEYVILLE REHAB. GREAT ATTENTION TO DETAILS! FEATURES INCLUDE: 42″ CHERRY CABINETS, 1.25″ GRANITE COUNTERS, STAINLESS APPLIANCES, HDWFLRS. THROUGHTOUT

STONE BATH, IN-UNIT LAUNDRY, CROWN MOULDINGS AND CONTROL HEAT/AIR WALK TO WRIGLEY FIELD, TRAINS, SHOPS AND RESTAURANTS. 4 BLOCKS FROM THE LAKE & RUNNING PATH!

No square footage is listed but from the room sizes, it is on the smaller size:

  • Living room: 13×13
  • Bedroom #1: 12×9
  • Bedroom #2: 10×10
  • Kitchen: 6×8

 815-w-addison-_1r-livingroom.jpg

815-w-addison-_1r-bedroom.jpg

Chad Duda at Prudential Preferred has the listing. See more pictures and a virtual tour here.

Unit #1R: 2 bedrooms, 1 bath

  • Sold in November 2005 for $260,000
  • Originally listed in March 2008 for $299,900
  • Reduced several times
  • Now listed at $282,900
  • Assessments of $280 a month
  • Taxes of $3,470
     

Old Town Without Parking? 240 W. Willow

240 W. Willow in Old Town is a total gut rehab of an 1873 Victorian.  It seems to have everything- except parking.

240-w-willow-_2.jpg

Will the lack of parking hurt this property at this price point?

Here’s the listing:

Fabulous historical restoration on Quaint St. in Old Town. Complete renovation/expansion of 1873 Folk Victorian single family to its original glory w/ today’s many amenities. Beautiful yard.

There is no parking on the property, which allows for a bigger yard! 95% of this home is all new, new owner can freeze tax’s! all Stainless Viking appliances, hardwood flrs throughout, ready to move in! 3 bedrooms up, 2.1 bths

I also can’t determine which floor the kitchen and living room are on. They appear to be on the lower level and the bedrooms on the upper floor.

240-w-willow-kitchen.jpg

240-w-willow-livingroom-_2.jpg

@Properties has the listing. See the other pictures (including the door for the lower level) here.

240 W. Willow: 3 bedrooms, 2.5 baths, no square footage listed

  • Currently listed for $1.199 million
  • Taxes are $8,192
  • Central Air
  • No parking

The Ultimate Loft is Reduced: 2436 W. Bloomingdale

Remember this fantastic loft with an indoor pool at 2436 W. Bloomingdale that we chattered about in May 2008?

2436-w-bloomingdale-loft-ceiling.jpg

It’s still on the market and has been reduced.

Here’s the listing:

Spectacular art lover’s loft-style single family home on a 50′ double lot with 7,640 square feet of living space, 23′ high bow-truss ceilings, exposed sandblasted heavy timber trusses, radiant heated concrete floors, fabulous chef’s kitchen with Scavolini cabinets, Thermador and Sub-Zero appliances, granite countertops and large breakfast island.

Private, landscaped glass enclosed outdoor courtyard with an “endless” swimming pool and radiant heated patio. Spacious penthouse with bar and roofdeck. Internet Wi-Fi. Attached four-car radiant heated garage. Privacy and much, much more.

2436-w-bloomingdale-pool.jpg 

Eudice Fogel at Rubloff has the listing. See more pictures and a virtual tour here.

2436 W. Bloomingdale: 6 bedrooms, 4.5 baths, 4 car parking, 7640 square feet

  • I couldn’t find an original price- but I don’t think it has sold before
  • Was listed in May 2008 for $2.495 million
  • Reduced
  • Currently listed for $2.25 million
  • Taxes are “new”

Trying to Sell for 2 Years: 1430 S. Michigan in the South Loop

We’re starting to see some properties with much longer market times.  This 2-bedroom penthouse unit at 1430 S. Michigan in the South Loop is one of those.

1430-s-michigan-_1.jpg

Originally listed in September 2006, it has been reduced $120,000 and is now a “short sale opportunity”.

Here’s the listing:

SHORT SALE OPPORTUNITY. Striking and unique Northwest penthouse right on Michigan Ave. Enjoy the outstanding city skyline views from your private 800 sqft. wrap around deck.

The outstanding finishes and unique location will convince you that this is the best value in South Loop. Floor to ceiling windows. 2 bed 2 baths anduot;garage parking included; Steps to Grant Park and Museum Campus. LET’S MAKE A DEAL!!

 1430-s-michigan-ph-_2-livingroom.jpg

1430-s-michigan-ph-_2-patio.jpg

Century 21 S.G.R. Inc. has the listing. See more pictures here.

Unit #PH #2: 2 bedrooms, 2 baths, 1400 square feet

  • I can’t find info as to what it last sold for- if anyone else can please fill us in
  • Originally listed in September 2006 for $599,900
  • Reduced
  • Withdrawn in April 2007 at $549,900
  • Re-listed in November 2007 for $529,900
  • Withdrawn in March 2008 at $529,900
  • Re-listed in March 2008 for $529,900
  • Reduced
  • Now listed as a  “short sale” at $479,900 (parking included)
  • Assessments of $400 a month
  • Taxes of $4,200

Can’t Sell? Auction it! 1634 N. Bissell in Lincoln Park

Sellers are trying new methods every day to move their properties. 1634 N. Bissell, Unit #D, in Lincoln Park is trying to auction off the property at the end of the month.

1634-n-bissell.jpg

The unit has been on the market, off and on, since September 2007.

Will an auction work?

Here’s the listing:

*AUCTION W/MIN BID 10/28 SEEE AGENT REMARKS*PENTHOUSE DUPLEX W/PRIVATE ENTRANCE. OPEN FLOORPLAN, HARDWOOD FLRS, LARGE COOK’S KITCHEN W/BUILT-IN DESK SPACE, SS APPLIANCES, 5-STAR STOVE, GRANITE COUNTERS, BAY WINDOWS IN LR & MASTER BDRM

HI CEILINGS, GAS FP, EXPOSED CHGO BRICK, LARGE ENSUITE BDRMS, 28X22′ PRIV ROOFTOP DECK W/WETBAR AREA. ATTACHED 1-CAR GARAGE, NEW(’06) GAS F/A FURNACE & C/A, CENTRAL FIRE & ALARM SYS.

The unit has been reduced $254,900 since it was first listed in 2007.

1634-n-bissell-_d-rooftop-deck.jpg

1634-n-bissell-_d-livingroom.jpg

Sheldon Good Brokerage, LLC has the listing. See more pictures here.

Unit #D: 2 bedrooms, 2.5 baths, 1 car parking, no square footage given

  • Sold in July 1996 for $265,500
  • Sold in November 2003 for $475,000
  • Originally listed in September 2007 for $649,900
  • Withdrawn in December 2007 at $629,000
  • Re-listed in March 2008 for $589,900
  • Withdrawn in May 2008 at $589,900
  • Re-listed in July 2008 for $559,000
  • Reduced
  • Now $395,000 – as a minimum bid at auction (parking included)
  • Assessments of $240 a month
  • Taxes of $5,888
  • Central air
  • Rooftop deck