2 1/2 Years Later, Trying To Get $70K More For This Old Town 2-Bedroom: 1407.5 N. Wells

This is the third time we’ve chattered about this 2-bedroom in the Gaslight Court complex at 1407.5 N. Wells in Old Town.

See our June 2010 chatter here.

It sold in 2009 and again in 2010.

In 2009, the square footage was listed at just 700 square feet.

The 2010 listing and this current listing don’t list the square footage, however.

The kitchen is the same as it was previously.

It has maple cabinets, white appliances and an island.

There’s no central air. It is window units only.

There also isn’t any parking with the unit, but it does have an in-unit washer/dryer.

It sold for $250,000 in September 2010.

The unit has come back on the market for $70,000 more than the 2010 purchase price.

Is the market hot enough for this kind of appreciation over the last 3 years?

Kenneth Beltran at D’aprile properties has the listing. See the pictures here.

Unit #3E: 2 bedrooms, 1 bath, approximately 700 square feet (according to the 2009 listing)

  • Sold in January 2002 for $190,000
  • Was listed in February 2009 for $256,000
  • Reduced
  • Was listed in April 2009 for $249,900
  • Sold in June 2009 for $235,000
  • Listed in June 2010 for $259,900
  • Sold in September 2010 for $250,000
  • Currently listed for $320,000
  • Assessments now $350 a month (they were $266 a month in 2010)
  • Taxes now $3678 (they were $2642)
  • No central air- window units only
  • In-unit Washer/dryer
  • No parking
  • Balcony
  • Bedroom #1: 11×11
  • Bedroom #2: 10×10
  • Living room: 19×13
  • Kitchen: 13×9

 

Get a 3-Bedroom Townhouse With a 2-Car Garage For Under $600K in North Center: 3157 N. Honore

This 3-bedroom townhouse at 3157 N. Honore in North Center came on the market in February.

These are selling fast as there is a sister 3-bedroom in the same complex with the same square footage that is already under contract.

You can see pictures of that one at 3147 N. Honore here for comparison.

This townhouse is bigger than your standard starter 2/2 townhouse.

At 2690 square feet, it has 4-levels of living which includes a private rooftop deck.

It has Brazilian cherry floors throughout.

The kitchen, which is on the second floor along with the living and dining rooms, has 42 inch cherry cabinets, granite counter tops and Viking appliances.

It also has the much sought after 2-car garage which is difficult to find in townhouses.

Since it was listed in February, it has reduced $10,000.

The sister unit which is under contract is listed at $594,900. This one is now listed at $589,900.

That is also $55,100 under the 2007 price.

Are townhouses the new “affordable” alternative to a single family home in the north side neighborhoods?

Charles Michalak at Broz Group Real Estate has the listing. See the pictures here.

3157 N. Honore #6: 3 bedrooms, 2.5 baths, 2690 square feet, 2 car garage

  • Sold in March 2007 for $645,000
  • Originally listed in February 2013 for $599,000
  • Reduced
  • Currently listed for $589,900
  • Assessments of $325 a month
  • Taxes of $11,318
  • Central Air
  • Bedroom #1: 15×14 (third floor)
  • Bedroom #2: 18×13 (fourth floor)
  • Bedroom #3: 18×13 (fourth floor)
  • Family room: 15×13 (main floor)
  • Living/dining/kitchen: (second floor)

 

The 3-Bedroom Bank Owned House That Just Won’t Sell: 3853 N. Keeler In Old Irving Park

Not everything is selling quickly. Case in point is this 3-bedroom single family home at 3853 N. Keeler in Old Irving Park.

It became bank owned in April 2012 and has been on and off the market since last August.

The house was built in 2006 on an extra large 62×124 lot.

It has a separate 3-car garage and central air.

From the listing pictures, the kitchen appears intact with stainless steel appliances and cherry cabinets.

It has some unique features including a 2-story atrium.

The house has been reduced $50,000 since last August to $729,900.

It is now listed $320,100 under the 2006 purchase price.

At what price will this house finally sell?

Angel Aguilar at Re/Max Fidelity has the listing. See the pictures here.

3853 N. Keeler: 3 bedrooms, 3.5 baths, no square footage listed, 3 car garage

  • Former house sold at $390,000
  • Sold in June 2006 for $1.05 million
  • Lis pendens foreclosure filed in July 2010
  • Bank owned in April 2012
  • Originally listed in August 2012 for $779,900
  • Reduced
  • Withdrawn in January 2013
  • Re-listed in March 2013 for $729,900
  • Taxes of $9025
  • Central Air
  • Bedroom #1: 19×13 (second floor)
  • Bedroom #2: 12×11 (second floor)
  • Bedroom #3: 12×12 (second floor)
  • Family room: 36×16 (lower level)
  • Office: 15×15 (lower level)

 

 

This 3-Bedroom Lakeview Townhouse Lists For 47% More Than The 2004 Price: 832 W. Wolfram

This 3-bedroom townhouse at 832 W. Wolfram in Lakeview recently came on the market.

The listing calls it a townhouse but as you can see from the picture above, it appears to be behind the house in the front. That’s the door to the right behind the house in front.

Is it a coach house?

The listing says there’s a monthly assessment but doesn’t list it.

It does have some unique features including exposed brick walls and arched doorways.

The property has ebony wood floors.

The kitchen has white cabinets and counter tops.

There is a double height living room.

There is no floor plan listed but it appears that two bedrooms are on the main level, the living/dining/kitchen on the second level and the master bedroom on the third floor.

There is no family room.

It has central air and a 1.5 car garage.

This townhouse is listed 47% higher than the 2004 price at $678,900.

Will it get the premium?

Douglas Smith at Prudential Rubloff has the listing. See the pictures here.

832 W. Wolfram: 3 bedrooms, 2.5 baths, no square footage listed, 1.5 car garage

  • Sold in October 1995 for $264,000
  • Sold in May 2004 for $463,000
  • Currently listed for $678,900
  • Assessments are ? (they are not listed but there appears to be a monthly assessment)
  • Taxes of $6732
  • Central Air
  • Bedroom #1: 16×12 (third floor)
  • Bedroom #2: 15×11 (main level)
  • Bedroom #3: 9×11 (main level)
  • Living/dining combo: 29×18

 

A Renovated 2/2 With Views Of the Lake and Harbor: 505 N. Lake Shore Drive In Streeterville

This 2-bedroom at Lake Point Tower at 505 N. Lake Shore Drive in Streeterville recently came on the market.

This is the building that many kids dream of living in someday as they drive past on their way to museums or Navy Pier.

Built in 1968, the 720 unit building has unobstructed city, lake and harbor views that stretch for miles.

But many of the units show their age.

The listing for this 2-bedroom says it has had a “stunning renovation.”

It now has porcelain slate tile floors throughout – even in the bedrooms.

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

The corner unit has a lot of windows but it also has motorized window treatments.

There is no central air but there is air conditioning through the wall units.

The unit also has an in-unit washer/dryer and parking is available for $85,000.

Lake Point Tower is a full service building with a doorman, a pool and an exercise room.

Will it take long to sell this move-in ready unit?

Bernadette Carter at Coldwell Banker has the listing. See the pictures here.

Unit #2407: 2 bedrooms, 2 baths, 1450 square feet

  • Sold in July 1989 for $251,500
  • Currently listed at $689,000 (parking is $85,000 extra)
  • Assessments of $895 a month (includes doorman, cable, pool)
  • Taxes of $7756
  • No central air- wall units only
  • In-unit washer/dryer
  • Bedroom #1: 20×11
  • Bedroom #2: 14×11

How Close To The El Could You Live? Part II: 3408 N. Bosworth In Southport

We last chattered about this 3-bedroom brick single family home at 3408 N. Bosworth in the Southport neighborhood of Lakeview in October 2010.

See our previous chatter here.

We had a very productive discussion about who would live near the El line tracks and at what price. (We also discussed the possibility of the El lines being buried underground. Dream on…)

This house originally came on the market in April 2010 for $749,000 which most of you thought was way too high. Several of you thought this would sell in the $300,000s. Some said they wouldn’t even pay $100,000 to live that close to the El.

If you recall, the house has most of the features buyers look for including central air and a 2 car garage.

Built in 1877 on a 25×125 lot, it has some of its original features including stained glass but also has been updated, including a new chef’s kitchen with Viking and Jennair appliances, white cabinets and granite counter tops.

2 of the 3 bedrooms are on the second floor and the property has an unfinished basement.

The house only has 1 bathroom however.

Before it was withdrawn from the market in 2010, this house was listed as low as $589,000.

Re-listed at a time when there’s very low inventory, will buyers now overlook the location?

Deborah Nick at Conlon now has the listing. See the pictures here.

3408 N. Bosworth: 3 bedrooms, 1 bath, no square footage listed, 2 car garage

  • Sold in February 1996 for $132,000
  • Sold in February 1997 for $170,000
  • Sold in June 2002 for $428,000
  • Sold in July 2005 for $569,000
  • Originally listed in April 2010 for $749,000
  • Reduced
  • Was listed in October 2010 for as low as $589,000
  • Withdrawn
  • Currently listed for $599,000
  • Taxes now $10,747 (they were $8523 in Ocotber 2010)
  • Central Air
  • Bedroom #1: 15×14 (second floor)
  • Bedroom #2: 14×10 (second floor)
  • Bedroom #3: 11×8 (main floor)
  • Living room: 23×12
  • Dining room: 12×12
  • Kitchen: 16×9
  • Mudroom: 9×6
  • Unfinished basement

 

Bought In The Bust But Selling This 2-Bedroom Duplex Loft In A Hot Market: 375 W. Erie In River North

This 2-bedroom duplex up loft at 375 W. Erie in River North just came on the market.

It is an authentic loft with exposed brick walls and exposed timber beams on the ceiling.

The main floor has the living/dining/kitchen and the second bedroom and bath.

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

The second level has the master suite complete with a large private terrace.

It has central air, washer/dryer in the unit and one parking space included, with a second one available for $30,000.

This loft last sold in December 2010 for $490,000 which included 2 parking spaces.

The only difference visible in the pictures between then and now is that the kitchen now has stainless appliances (they were black previously.)

If you include the second parking space, the unit is now listed for $609,000, or $119,000 more than 2010 purchase price.

Will this loft get the premium?

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

Unit #518: 2 bedrooms, 2 baths, 1800 square feet, duplex up

  • Sold in May 1998 for $336,500
  • Sold in November 2003 for $485,000 (included 2 parking spaces)
  • Sold in December 2010 for $490,000 (included 2 parking spaces)
  • Currently listed for $579,000 (includes 1 parking space with a second available for $30,000)
  • Assessments of $656 a month (includes doorman)
  • Taxes of $7078
  • Central Air
  • Washer/Dryer in the unit
  • Bedroom #1: 18×18 (second floor)
  • Bedroom #2: 13×12 (first floor)
  • Deck: 20×16

 

Vintage 3-Bedroom In Lincoln Park Sells For $99K Under The 2004 Price: 2233 N. Bissell

We last chattered about this 3-bedroom vintage unit at 2233 N. Bissell in Lincoln Park in November 2012.

See our prior chatter here.

It was listed at $425,000 but most of you thought it would sell closer to $400,000 because of the smaller room sizes.

The unit recently closed for $415,000.

If you recall, it was NOT on the El side of the street.

Built in 1891, it had many of its original features including original moldings, a wood burning fireplace with the original oak mantle, built-in hutches and pocket doors.

There was also a custom wall of bookcases.

The kitchen had white cabinets with wood counter tops and it looks like there were white appliances.

It had a washer/dryer in the unit and garage parking but no central air- there were window units only.

This unit is on the second floor of a 3-unit building.

It closed for $99,000 under the 2004 price.

Did someone get a deal?

Art Collazo at Jameson Sotheby’s had the listing. You can still see the pictures here.

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

  • Sold in November 2004 for $514,000
  • Originally listed in June 2012 for $475,000
  • Reduced several times
  • Was listed in November 2012 at $425,000 (garage parking included)
  • Sold in March 2013 for $415,000
  • Assessments of $250 a month
  • Taxes of $4335
  • No central air
  • Washer/dryer in the unit
  • Bedroom #1: 14×19
  • Bedroom #2: 12×9
  • Bedroom #3: 10×10
  • Den: 14×12

He Wants A Loft But She Wants Vintage Charm: A 2-Bedroom At 333 W. Hubbard In River North

This 2-bedroom loft in the Union Square Lofts at 333 W. Hubbard in River North just came on the market.

It’s a bit unusual because it has been upgraded with vintage features including crown molding and wainscotting in the bedrooms.

The bathrooms have been upgraded and the fireplace has a marble surround with built in bookcases on either side.

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

It appears that just one of the two bedrooms has a window.

This unit has some exposed brick and tall concrete ceilings with exposed ductwork.

The loft also has an in-unit washer/dryer and central air.

There’s no parking with the unit, but it’s sometimes available for rent in the building.

It’s listed $19,900 over the 2006 price.

Will it get the premium?

Richard Wright at Rowhouse Realtors has the listing. See the pictures here.

Unit #507: 2 bedrooms, 2 baths, 1207 square feet

  • Sold in April 1998 for $189,000
  • Sold in December 2005 for $345,000
  • Currently listed at $364,900
  • Assessments of $641 a month (includes heat, a/c, gas, doorman, cable)
  • Taxes of $5163
  • No parking
  • Central Air
  • Washer/Dryer in the unit
  • Bedroom #1: 14×11
  • Bedroom #2: 13×10

 

Lakeview Townhouse With “Magazine Caliber Renovation” Sells For $21K More Than List: 1246 W. Oakdale

We last chattered about this 3-bedroom townhouse at 1246 W. Oakdale in Lakeview in January 2013.

See our previous chatter here.

Some of you will remember it as the epic thread that included a debate (again) about the city versus the suburbs.

But those of you who did comment on the property thought it would sell fast and for close to the asking price of $699,000. A few expressed some reservations about the price only because it was in the Agassiz school district and not in Burley.

It DID sell quickly and for $21,000 over the list price at $720,000.

If you recall, the listing said it had a “magazine caliber renovation.”

For a townhouse, this one had a unique layout as it’s a front end unit that is 44 feet wide and has a southern exposure.

It had its own private front yard.

At 3000 square feet, it was also as large as many single family homes.

The kitchen had custom white cabinets and a 7 foot dark walnut island with granite counter tops and stainless steel appliances.

There was a first floor family room along with a big lower level great room.

The master bedroom was on the top floor along with a roof deck and the other two bedrooms are on the second floor.

This is a rare property that has sold for a significant premium over the 2005 price.

Is it a sign of things to come?

Keith Wilkey at Prudential Rubloff had the listing. You can still see the pictures here.

1246 W. Oakdale: 3 bedrooms, 2.5 baths, 3000 square feet, 1 car garage

  • Sold in July 2002 for $565,000
  • Sold in May 2005 for $630,000
  • Was listed in January 2013 for $699,000
  • Sold in March 2013 for $720,000
  • Assessments of $298 a month (includes snow removal)
  • Taxes of $9434
  • Central Air
  • Bedroom #1: 16×13 (third floor)
  • Bedroom #2: 15×10 (second floor)
  • Bedroom #3: 15×10 (second floor)
  • Family room: 17×12 (main floor)
  • Great room: 28×16 (lower level)