It’s Back! An East Lakeview 4-Bedroom Duplex Up at 2948 N. Pine Grove

2948 n pine grove approved

This 4-bedroom duplex up at 2948 N. Pine Grove in East Lakeview was listed in May 2017.

Many of you may remember it from the bust years as we chattered about it several times including in 2013.

Back then, it had been on and off the market from August 2009 until 2011 and had reduced to $399,900. It was available to either buy or rent (for $2750 a month). It then came back on the market in 2013 and finally sold.

Back in 2013, some of you were concerned about the spiral staircase that led to the second floor.

You can see our 2013 chatter here.

That issue has been addressed as the listing says there is a “brand new custom staircase” and it’s NOT a spiral.

The listing also says there a remodeled kitchen on the main level which has white cabinets, a farmhouse sink and stainless steel appliances.

3 bedrooms are on the second floor along with a family room.

The fourth bedroom is on the main floor with the living room, dining room and kitchen.

While there’s no central air, there’s new space pak.

According to the listing, there’s a new front load washer/dryer.

There’s no parking with the unit.

The listing also points out its in the Nettlehorst school district.

Originally listed at $649,990, it has been reduced 4.9% to $599,000 since May.

With 4-bedrooms so rare, why isn’t this selling?

Curt Ratcliff at @Properties has the listing. See the pictures here.

Unit #2: 4 bedrooms, 2 baths, 2000 square feet, duplex up

  • Sold in May 1992 for $207,500
  • Sold in June 2000 for $318,000
  • Sold in July 2006 for $469,500
  • Originally listed in August 2009
  • Was listed in June 2010 for $475,000
  • Reduced several times
  • Was listed in January 2011 for $399,900
  • Withdrawn
  • Was re-listed in 2013 for $449,000
  • Sold in August 2013 for $406,000
  • Originally listed in May 2017 for $649,990
  • Reduced
  • Currently listed for $599,000
  • Assessments now $489 a month (they were $518 a month in 2013) includes heat, exterior maintenance, lawn care, scavenger, snow removal
  • Taxes now $9374 (they were $8422 in 2013 and $8104 in 2011)
  • No central air- space pak cooling
  • Washer/Dryer in the unit
  • No deeded parking- rental in the neighborhood
  • Bedroom #1: 16×12 (second floor)
  • Bedroom #2: 14×10 (second floor)
  • Bedroom #3: 12×8 (second floor)
  • Bedroom #4: 14×10 (main floor)
  • Family room: 15×12 (second floor)

When the Old Is Made New Again: A Streeterville 1960s 2-Bedroom at 201 E. Chestnut

201 e chestnut

This renovated 2-bedroom at 201 E. Chestnut in Streeterville recently came on the market.

The building was constructed in either 1961 or 1962, depending on which listing you look at, and has 120 units.

One unique feature is the extra large recessed terraces.

The terrace with this unit is 27×8 and is off both the living room and both bedrooms. All the terraces also have the unique criss-cross brick floors.

The listing says this unit has South and East/West views towards the park, the Museum of Contemporary Art and the Lake.

The listing also says it has been “completely renovated” with new electrical, a new furnace, new a/c and a new washer/dryer.

There are new solid oak hardwood floors.

The baths are new with floating vanities and quartz counter tops. Interestingly, there is also no bathtub in the unit as both baths have walk-in showers.

The kitchen has white shaker cabinets and quartz counter tops along with Kitchenaid designer stainless steel appliances.

The unit has the features today’s buyers look for including central air, washer/dryer in the unit and valet parking is available for $156 a month. (A steal for monthly parking in Streeterville?)

This unit is also a generous 1600 square feet, a far cry from the 1100-1200 square feet 2/2s that are new construction condos or apartments today.

Are renovated older units a deal?

Gail Spreen at Related Realty has the listing. See the pictures here.

Unit #22B: 2 bedrooms, 2 baths, 1600 square feet

  • Sold in January 1994 for $185,000
  • Sold in November 1996 for $235,000
  • Sold in May 2016 for $400,000
  • Currently listed for $499,900
  • Assessments of $915 a month (includes doorman, cable, exercise room, pool)
  • Taxes of $7262
  • Central Air
  • Washer/Dryer in the unit
  • Valet parking for $156 a month in the building
  • Bedroom #1: 12×16
  • Bedroom #2: 11×14

Live on Michigan Avenue for Under $260K: 910 S. Michigan in the South Loop

910 s michigan

This 1-bedroom in 910 S. Michigan in the South Loop just came on the market.

The building was constructed in 1913 and was converted into loft-like condos in 1998.

It has a parking garage, exercise room and a doorman.

This unit faces north, so it will not have light and views blocked by the new 74-story Helmut Jahn building called 1000M, which will be at 1000 S. Michigan, or just south of this building.

It has high ceilings and industrial windows along with a curved wall fireplace.

There are hardwood floors in the living room and kitchen.

The kitchen has white cabinets and stainless steel appliances along with an island.

Many of these units were built with small “sunrooms” with a sliding glass door to access them.

This unit has a 9×8 sunroom the listing says could be used for an office. While the bedroom doesn’t have a window, it does have a sliding glass door that leads out to the sunroom.

It has central air, washer/dryer in the unit and parking is available to buy in the building (but why would you need it in this location?)

At $254,000, this unit is listed at a fraction of the price that the new Helmet Jahn units will be listed at next door.

Is Chicago the last remaining big city real estate bargain in America?

Michael Murphy at Related has the listing. See the pictures here.

Unit #405: 1 bedroom, 1 bath, 875 square feet

  • Sold in February 1999 for $155,000
  • Sold in March 2000 for $187,500
  • Sold in March 2001 for $185,000
  • Sold in June 2008 for $225,000
  • Sold in May 2013 for $225,000
  • Currently listed for $254,000
  • Assessments of $252 a month (includes heat, a/c, cable, doorman, exercise room, exterior maintenance, scavenger)
  • Taxes of $2041
  • Central Air
  • Washer/Dryer in the unit
  • Parking available to purchase in the building
  • Bedroom: 14×9
  • Living room: 22×11
  • Sunroom: 9×8

Can the Old Be New Again? A Renovated 3-Bedroom at 247 E. Chestnut in Streeterville

247 e chestnut approved

This 3-bedroom in 247 E. Chestnut in Streeterville recently came on the market.

This is a complete gut renovation with new floors, doors, lighting, kitchen and bathrooms.

There are now dark wide plank floors throughout.

The kitchen has white cabinets, a backsplash, white countertops, stainless steel appliances and a kitchen island.

The bathrooms have subway tiles in the showers.

There’s a wine fridge in the unit but no washer/dryer. There’s coin laundry in the building.

Valet parking for $220 a month is also available.

There’s central air.

This building was constructed in 1963.

Can these old units get a new life through renovation?

Patrick Maliszewski at @Properties has the listing. See the pictures here.

Unit #1701: 3 bedrooms, 2 baths, no square footage listed

  • Sold in January 2017 for $355,000
  • Currently listed for $570,000
  • Assessments of $1376 a month (includes heat, a/c, gas, doorman, cable, exterior maintenance, scavenger)
  • Taxes of $5374
  • Central Air
  • No washer/dryer in the unit- coin laundry in the building
  • Valet parking for $220 a month
  • Bedroom #1: 17×15
  • Bedroom #2: 12×12
  • Bedroom #3: 9×10

Love Exposed Brick? A 1-Bedroom River North Loft: 375 W. Erie

375 w erie approved

This 1-bedroom loft at 375 W. Erie in River North recently came on the market.

It has 14 foot ceilings and several exposed brick walls along with exposed ductwork.

The loft is north facing with a balcony.

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

There’s washer/dryer in the unit, central air and parking is included.

But what’s happening to the ceiling?

This building has mostly timber ceilings but that’s not what this looks like. See the pictures to see what I’m talking about.

At $325,000, this loft is listed just $5,000 above the 2007 purchase price.

How is this loft missing out on all the price appreciation in River North since the bust?

Burt Fujishima at Coldwell Banker has the listing. See the pictures here.

Unit #504: 1 bedroom, 1 bath, 980 square feet

  • Sold in September 1997 for $175,800 (no parking included)
  • Sold in October 2001 for $265,000 (no parking included)
  • Sold in July 2007 for $320,000 (parking included)
  • Currently listed at $325,000 (parking included)
  • Assessments of $437 a month (includes heat, a/c, doorman, exercise room, exterior maintenance, lawn care, scavenger, snow removal)
  • Taxes of $4724
  • Central Air
  • Washer/Dryer in the unit
  • Fireplace
  • Bedroom: 12×12

 

 

 

How Valuable Are 4-Bedroom Condos? A Pre-War at 411 W. Briar in East Lakeview

411-w-briar-approved

This 4-bedroom at 411 W. Briar in East Lakeview came on the market in July 2017.

The pre-war building, at the corner of Briar and Sheridan, was constructed in 1914 and has 15 units.

There’s no parking with the building, as cars were not widely owned when it was built.

This unit has west and north exposures.

It has some of its vintage features including a wood burning fireplace, a 50 foot gallery with barreled ceilings, and crown molding.

It has a sunroom and a grand entry foyer.

The kitchen has recently been renovated by a professional designer. It has custom wood cabinets, marble countertops, a farm sink, and Liehberr, Wolf, and Miele appliances.

The master bedroom suite also has a gut renovated bathroom with marble finishes.

The listing says the second bathroom has also been renovated. Only the third one appears to have its older finishes.

The unit has hardwood floors throughout.

It has in-unit washer/dryer but no central air.

The listing also says its in the Nettlehorst school district.

Three bedroom condos have been in high demand as being family friendly.

Will this 4-bedroom unit sell quickly simply due to all of its bedrooms?

Steven Acoba at Keller Williams has the listing. See the pictures here.

Unit #D2: 4 bedrooms, 3 baths, 2600 square feet

  • Sold in September 1991 for $205,000
  • Sold in July 1998 for $325,000
  • Sold in August 2011 for $366,500
  • Currently listed for $699,000
  • Assessments of $1072 a month (includes heat, gas, security, cable, exterior maintenance, lawn care, scavenger, snow removal)
  • Taxes of $8463
  • No central air- window units only
  • Washer/dryer in the unit
  • No parking (but it’s available in the neighborhood)
  • Bedroom #1: 17×13
  • Bedroom #2: 14×14
  • Bedroom #3: 14×13
  • Bedroom #4: 10×9
  • Foyer: 13×11
  • Sunroom: 15×8
  • Gallery: 50×4

Ever Wonder What This Penthouse Looks Like? 431 W. Oakdale in East Lakeview

431 w oakdale #1

The penthouse at 431 W. Oakdale in East Lakeview came on the market in May 2017.

The building was constructed in 1928, just before the Great Depression, when a couple dozen of these luxury apartment buildings (there were no condos then) were being built.

Unit 15C and 15D were combined in the early 2000s.

It now has views in all directions, 2 gas fireplaces and 4000 square feet.

The elevator opens directly into the unit, which also sports a 28×7 barrel vaulted foyer.

The kitchen has dark wood cabinets and stainless steel appliances.

There’s also a separate wet bar/catering kitchen with wine fridges.

There’s also a master suite with a fireplace, a dressing room and a spa bath.

The unit has a den and a family room.

There’s steam heat and it’s unclear if it has central air. The listing says it does, but there’s a window a/c unit in what looks like the paneled den.

There’s also no in-unit washer/dryer or deeded parking.

Listed at just $244 a square foot, is that a deal for this neighborhood?

431 w oakdale #2

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

Unit #15CD: 3 bedrooms, 4 baths, 4000 square feet, penthouse

  • Sold in February 2005 for $1.287 million
  • Sold in March 2005 for $1,055,500
  • Originally listed in 2014
  • Re-listed in May 2017 at $975,000
  • Currently still listed at $975,000
  • Assessments of $1981 a month (includes steam heat, exercise room, exterior maintenance, lawn care, scavenger and snow removal)
  • Taxes of $12,463
  • Central Air??? (listing says it has it but there is a window a/c unit in the “den”)
  • No washer/dryer in the unit (coin laundry in the building)
  • No parking (rental parking nearby)
  • 2 gas fireplaces
  • Wet bar/catering kitchen with 2 wine fridges
  • Elevator opens directly into the unit
  • Gallery: 28×7
  • Bedroom #1: 18×21
  • Bedroom #2: 14×15
  • Bedroom #3: 14×15
  • Den: 19×13
  • Family room: 13×24

Looking for a 3-Bedroom in the Heart of Hot Division Street? 1901 W. Division in West Town

1901 w division

This 3-bedroom condo at 1901 W. Division in West Town just came on the market.

This is a 6-unit building that was constructed in 2003. It has an elevator and a heated garage.

This is a corner unit with hardwood floors throughout.

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

The master bath has been updated with marble countertops and a rain shower.

It has central air, washer/dryer in the unit and 1-car heated garage parking.

This unit is located on one of the hottest restaurant streets in West Town and is just a block and a half from the Division Blue Line stop.

Three bedroom condos have been in heavy demand.

This unit is listed for $660,000.

What are you willing to pay for 3-bedrooms in West Town?

Joshua Lipton at Jameson Sotheby’s has the listing. See the pictures here.

Unit #3N: 3 bedrooms, 2 baths, no square footage listed

  • Sold in April 2003 for $405,000
  • Sold in June 2006 for $550,000
  • Sold in February 2011 for $500,000
  • Currently listed for $660,000
  • Assessments of $280 a month (includes exterior maintenance, lawn care, scavenger)
  • Taxes of $10,660
  • Includes garage parking
  • Central Air
  • Washer/Dryer in the unit
  • This is an elevator building
  • Bedroom #1: 16×12
  • Bedroom #2: 12×10
  • Bedroom #3: 12×11

 

Do You Love Unique Exposed Brick Industrial Lofts? 2222 N. Racine in Lincoln Park

2222 N. Racine approved

This 3-bedroom loft triplex at 2222 N. Racine in Lincoln Park came on the market in September 2016.

This is a 16 unit industrial building. The units are more townhouse-like, than condo-like.

This unit has loft features including exposed brick, large windows and timber ceilings. The living room has 16 foot ceilings.

The listing says there’s a “chef’s kitchen” with Viking and Subzero appliances, stone counter tops and a wine cooler.

Two of the three bedrooms are on the second floor with the master suite on the third floor.

There’s also a secluded private deck off the master suite.

This loft has central air, washer/dryer in the unit and 1-car garage parking. Not all of the units in the building have the parking spot.

Originally listed in September 2016 for $724,900, it was under contract in March 2017 but came back on in April 2017.

It has now been reduced $49,900 to $675,000.

With new construction 3-bedrooms in Lincoln Park now selling for over $800,000, is this a deal for the square footage and location?

Mark Zipperer at Re/Max Edge has the listing. See the pictures here.

Unit #13: 3 bedrooms, 2.5 baths, 1800 square feet

  • Sold in May 1992 for $274,000
  • Sold in February 1994 for $305,000
  • Sold in April 1995 for $325,000
  • Sold in June 1998 for $380,000
  • Sold in May 2002 for $485,000
  • Sold in May 2011 for $565,000
  • Originally listed in September 2016 for $724,900
  • Reduced
  • Under contract but re-listed
  • Currently listed at $675,000 (includes 1-car garage parking)
  • Assessments of $264 a month (includes exterior maintenance, lawn care, scavenger, snow removal)
  • Taxes of $6737
  • Central Air
  • Washer/Dryer in the unit
  • Bedroom #1: 16×14 (third floor)
  • Bedroom #2: 18×13 (second floor)
  • Bedroom #3: 15×9 (second floor)

A Million Dollars Gets You This 4-Bedroom Duplex Up in Lakeview: 628 W. Briar Place

628 w briar

This 4-bedroom duplex up at 628 W. Briar Place in Lakeview came on the market in May 2017.

This graystone was constructed in 1936 and has 5 units.

The listing says this unit was completely gutted in 2015.

It still has some of its vintage features, however, including millwork, crown molding, hardwood floors with inlaids, and wood burning fireplaces with grand marble mantles.

3 of the bedrooms are on the second floor with the 4th on the main level.

The master suite is on the second floor and has 3 closets.

One of the bedrooms has a private terrace. There are two other outside spaces.

There’s also a family room on the main level along with the living room and kitchen.

The chef’s kitchen has cherry cabinets, Viking stainless steel appliances, granite countertops and an oversized island.

It has central air and laundry on the second floor. The unit also has 1 garage spot.

The listing says its in the Nettlehorst school district.

Since May, the property has been reduced $21,000 to $999,000.

Would you expect to pay a million dollars for 4-bedrooms in Lakeview now?

Leigh Marcus at @Properties has the listing. See the pictures here.

Or go to the Open House on Saturday, April 12, 2017 from 11 AM to 1 PM.

Unit PENT: 4 bedrooms, 3 baths, 3100 square feet

  • I couldn’t find any prior sales prices as the CCRD couldn’t find the PIN
  • Originally listed in May 2017 for $1,020,000
  • Reduced
  • Currently listed at $999,000 (includes 1-car garage parking)
  • Assessments of $202 a month (includes exterior maintenance, lawn care, scavenger, snow removal)
  • Taxes aren’t listed
  • Central Air
  • Washer/Dryer in the unit
  • Bedroom #1: 20×20 (fourth floor)
  • Bedroom #2: 18×12 (fourth floor)
  • Bedroom #3: 14×12 (fourth floor)
  • Bedroom #4: 12×11 (third floor)
  • Laundry room: 9×6 (fourth floor)
  • Family room: 20×19 (third floor)