A Single Family Home at a Townhouse Price? 1926 W. Potomac in Wicker Park

1926-w-potomac

This 3-bedroom single family home at 1926 W. Potomac in Wicker Park came on the market in May 2016.

It went under contract in June, but came back on the market in July.

If it looks familiar to some long time readers, that’s because we chattered about it in June 2011.

To refresh your memory, the house had been on the market almost a year at that point and had reduced $100,000 under the 2006 purchase price.

See our chatter here.

The house never sold.

But that was then and this is a now, in an entirely different market.

Built in 1990 on a 24×132 lot, the listing doesn’t list the square footage but in 2011 it had 2564 square feet.

All 3 bedrooms are on the second floor with a den and a 300 square foot rooftop deck on the third floor.

It doesn’t have a basement but instead has a family room on the main level.

There are skylights and a 2-story atrium.

The kitchen has stainless steel appliances and granite counter tops.

The house has central air and the listing says the 2-car garage is attached.

It  is located just a few blocks from Wicker Park and is centrally located near the shops and restaurants of Division Street and those of Milwaukee/North Avenue and Damen.

This time around, it listed at $915,000 and has reduced $20,000 to $895,000.

Is this a good townhouse or duplex down alternative for those looking under $1 million in this neighborhood?

Eric Newman at @Properties has the listing yet again. See the pictures and the floor plan here.

1926 W. Potomac: 3 bedrooms, 2.5 baths, 2 car garage, no square footage listed (but 2011 listing says it is 2564 square feet)

  • Sold in August 2004 for $685,000
  • Sold in April 2006 for $900,000
  • Originally listed in July 2010 for $819,900
  • Reduced
  • Was listed in June 2011 for $799,900
  • Withdrawn without a sale
  • Originally listed in May 2016 for $915,000
  • Reduced to $899,000
  • Under Contract in June 2016
  • Re-listed in July 2016
  • Reduced
  • Currently listed at $895,000
  • Taxes are now $15,630 (they were $12,108 in 2011)
  •  Central Air
  • Roof top deck: 300 square feet
  • Bedroom #1: 18×13 (second floor)
  • Bedroom #2: 13×13 (second floor)
  • Bedroom #3: 13×13 (second floor)
  • Den: 17×15 (third floor)
  • Family room: 15×14 (main floor)

Because Everyone Loves a Good Turret: A 3-Bedroom at 6644 N. Sioux in Edgebrook

6644-n-sioux

This 3-bedroom English single family home at 6644 N. Sioux in Edgebrook recently came on the market.

Built in 1931, it is on an extra wide lot measuring 50×118.

It has a side driveway with a 2.5 car garage.

For those who love turrets (and who doesn’t?), it has a turreted entrance.

The listing says the kitchen was recently remodeled by Airoom with custom wood cabinets, Corian counter tops and new appliances.

There are two bedrooms and a bath up a half flight of stairs while the master bedroom with a full bath is on the third level.

There’s a family room off the dining room on the main level and a lower level recreation room.

The house has central air and a large cement patio.

It’s just a few blocks to the Edgebrook Metra station.

The listing also says it’s in the Edgebrook school district.

This house is near the North Branch Trail, which allows you to bike all the way north to the Chicago Botanical Garden in Glencoe. The new 2-mile extension south is due to open any day now.

Eventually, the plan is to have it hook up with the Lakefront Bicycle Path with one big route.

This house has come on the market at $649,000.

Is over $500,000 the reality for a 3/2 in this neighborhood now?

Jill Cunningham at @Properties has the listing. See the pictures here.

6644 N. Sioux: 3 bedrooms, 2 baths, no square footage listed

  • Sold in May 2004 for $500,000
  • Currently listed for $649,000
  • Taxes of $5967
  • Central Air
  • 2.5 car garage
  • Bedroom #1: 15×12 (third floor)
  • Bedroom #2: 14×12 (second floor)
  • Bedroom #3: 12×10 (second floor)

 

Looking for a Historic Wicker Park Italianate Mansion? 1356 N. Hoyne Is Still Available

1356-n-hoyne

Even with a red hot spring and summer selling season, there are still a few properties that didn’t sell and are still available.

We last chattered about this 5-bedroom Italianate mansion in the Wicker Park Historic District at 1356 N. Hoyne in June 2016.

See our chatter here.

If you recall, there’s no doubt about the home’s historical heritage as it was built in 1888.

The 6,000 square foot house is on an oversized lot of 44×150 and has a 3-car garage.

4 of the 5 bedrooms are on the second floor, including the master bedroom.

It has a lower level family room which is at grade level because of the stairs leading up to the front door. The lower level, in addition to a family room, has a mud room, a full bar and a guest room with bath.

There’s also a third floor recreation room which leads to a rooftop deck.

The kitchen has custom cabinets with luxury Subzero, Viking and Bosch appliances.

The house has been updated with all of the current amenities including central air, an outdoor irrigation system, and skylights.

Originally listed for $2.7 million in March 2016, it was reduced $200,000 to $2.5 million in May 2016.

But since May it hasn’t had any other reductions.

And there’s still no sale.

Is the over $2 million price point a difficult one in Chicago, even in the Green Zone?

Beth Gomez at Berkshire Hathaway KoenigRubloff still has the listing. See the pictures here.

1356 N. Hoyne: 5 bedrooms, 4.5 baths, 6000 square feet

  • Sold in July 1997 for $240,000
  • Sold in June 2004 for $675,000
  • Sold in September 2007 for $2.234 million
  • Originally listed in March 2016 for $2.7 million
  • Reduced in May 2016
  • Currently still listed at $2.5 million
  • Taxes of $18,088
  • Central Air
  • Gas fireplace
  • Rooftop deck
  • 3-car garage
  • Bedroom #1: 23×19 (second floor)
  • Bedroom #2: 14×12 (second floor)
  • Bedroom #3: 14×11 (second floor)
  • Bedroom #4: 13×11 (second floor)
  • Bedroom #5: 12×12 (third floor)
  • Recreation room: 29×16 (third floor)
  • Family room: 22×21 (lower level)

Is the Housing Market Slowing? A 2-Bedroom Loft at 3201 N. Ravenswood in Lakeview

3201-n-ravenswood

This 2-bedroom top floor loft at 3201 N. Ravenswood in Lakeview came on the market in July 2016.

It has the authentic features loft lovers look for including exposed brick walls and a timber ceiling.

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

The floors are stained a dark walnut.

It has a private roof deck that is accessible from inside the unit- through one of those bubble type hatches.

This loft has the other features buyers look for including central air, washer/dryer in the unit and outdoor parking is available for $15,000 extra.

Originally listed for $400,000 plus $15,000 for the parking in July, it recently was reduced $15,000 to $385,000.

The market was hot in the spring and early summer with multiple bids and properties flying off the shelf.

Inventory is still low for 2-bedroom lofts in Lakeview and Roscoe Village (as this is on the border of each.)

Has the market hit a rough patch this fall?

Or is this just the normal fall slowdown which feels worse because the spring was so hot?

Andre Nguyen at @Properties has the listing. See the pictures here.

Unit #302: 2 bedrooms, 1.5 baths, no square footage listed

  • Sold in November 1996 for $156,000
  • Sold in March 2003 for $258,000
  • Sold in May 2005 for $301,500
  • Sold in November 2013 for $332,000 (included the parking)
  • Originally listed in July 2016 for $400,000 (plus $15,000 for the parking)
  • Reduced
  • Currently listed for $385,000 (plus $15,000 for the parking)
  • Assessments of $216 a month (includes exterior maintenance and snow removal)
  • Taxes of $4923
  • Central Air
  • Washer/Dryer in the unit
  • Private rooftop deck
  • Bedroom #1: 13×11
  • Bedroom #2: 11×11

 

Life Outside the GreenZone in a 5-Bedroom Victorian in Old Norwood Park: 6084 N. Northcott

6084-n-northcott

This 5-bedroom Victorian at 6084 N. Northcott in Old Norwood Park recently came on the market.

For those who don’t know, Norwood Park is in the Northwest part of Chicago, 11 miles from the Loop, with the Old Norwood Park part of the neighborhood located north of the Kennedy expressway.

From the Encyclopedia of Chicago:

Prior to Norwood Park’s incorporation in 1874, the village had a country setting far away from the bustle of the city. Early developers hoped to create a resort, taking advantage of area woodlands and hills. The subdivision departed from the typical grid pattern, and instead, like Frederick Law Olmsted’s Riverside, platted winding roads alternating with rectangular streets. One of the historic streets with old Victorian houses, the Circle, is shaped in an oval.

Built in 1886, the house is on a wider than normal 50×120 lot on the Circle.

Most of the lots in Old Norwood Park which are on the Circle are bigger than the standard Chicago lot.

It has a side drive with a 2-car garage.

The listing says it has updated electric.

The house also has central air and two porches.

It has the preferred layout for the bedrooms with 4 out of the 5 on the second floor and the 5th on the main level.

One of the bathrooms has a claw foot tub.

The kitchen has yellow cabinets, a white refrigerator and dishwasher, and a stainless steel stove.

The house has hardwood floors throughout and some crown molding along with 1 fireplace.

It is located just a few blocks from the Norwood train station and the listing says the local school is Norwood Elementary.

Does this house have it all for someone looking in this neighborhood?

Lynn Pufpaf at Baird & Warner has the listing. See the pictures here.

6084 N. Northcott: 5 bedrooms, 2 baths, 2386 square feet

  • Sold in November 1999 for $405,000
  • Currently listed at $599,999
  • Taxes of $8076
  • Central Air
  • 2-car garage
  • Fireplace
  • Bedroom #1: 22×17 (second floor)
  • Bedroom #2: 15×12 (second floor)
  • Bedroom #3: 14×10 (second floor)
  • Bedroom #4: 10×10 (second floor)
  • Bedroom #5: 12×11 (main floor)
  • Den: 12×9 (second floor)

 

 

 

Iconic Building Week: A 3-Bedroom Penthouse in Lake Point Tower: 505 N. Lake Shore Drive

505-n-lake-shore-drive-approved

Some of you guessed what building would finish out this week of iconic Chicago high rises.

Could it be anything other than Lake Point Tower?

Lake Point Tower was built in 1968 and has 700 units. (What WAS it about the 1960s? 3 out of the 5 buildings this week were built in the 1960s.)

This 3-bedroom penthouse on the 68th floor at 505 N. Lake Shore Drive in Streeterville came on the market in April 2016.

It has north, south and east views, including stunning views of the Lake.

The unit has a foyer and the living room has a wet bar.

The kitchen has stainless steel appliances and granite counter tops.

The master bedroom has a huge en suite bathroom with a walk-in spa shower that looks like it could hold several people and a whirlpool tub.

It has an in-unit washer/dryer and wall air conditioning units. 2 parking spaces are available for purchase.

They certainly built high rises with amenities in 1968. With nothing much located nearby, residents were going to need them.

Building offers 5-star amenities: 24 hour doorman & staff. Private 2.5 acre outdoor park designed by internationally renowned landscape architect Alfred Caldwell. Outdoor pool, grills & playground. Indoor pool, spa, fitness ctr, squash/racquetball/basketball court, Cite Restaurant, Lake Point Market, dry cleaner, business center.

Originally listed at $2.39 million, this unit has been reduced to $2.345 million.

With all the new luxury building construction over the past few years, does Lake Point Tower still have the cache it once did?

Cynthia Tobisch at Jameson Sotheby’s has the listing. See the pictures here.

Unit #6806: 3 bedrooms, 3.5 baths, 3600 square feet

  • I couldn’t find a prior sales price
  • Originally listed in April 2016 for $2.39 million
  • Reduced
  • Currently listed at $2.345 million
  • Assessments of $2623 a month (includes doorman, cable, exercise room, pool, exterior maintenance, lawn care, scavenger, snow removal)
  • Taxes of $27067
  • No central air- wall units
  • Washer/Dryer in the unit
  • 2 car parking available for purchase
  • Bedroom #1: 25×14
  • Bedroom #2: 15×12
  • Bedroom #3: 17×12
  • Library: 17×13

 

 

 

Iconic Building Week: A 2/2 in Benjamin Marshall’s Pink Palace: 5555 N. Sheridan in Edgewater

5555-n-sherdian-2

This 2-bedroom unit in the Edgewater Beach Co-op Apartments at 5555 N. Sheridan in Edgewater came on the market in February 2016.

The Edgewater Beach Co-op was built in 1928 as a companion property to the older Edgewater Beach Hotel which was a resort with a Mediterranean flair on the Lake.

Designed by Benjamin Marshall it has 19 stories and 300 apartments.

The building is was put on the National Register of Historic Places in 1994.

It is often referred to as the Pink Palace due to its pinkish stucco exterior.

Everyone who drives north on Lake Shore Drive knows this building.

This unit is on the top floor of the building and has Lake Michigan views.

The listing says it has been “redone from top to bottom” including a custom kitchen with granite counter tops and stainless steel appliances.

There are hardwood floors throughout and all windows have been replaced.

The listing says it is one of the few units in the building with central air.

It doesn’t have a washer/dryer in the unit, there is coin laundry in the building, but there is leased, valet parking in the attached garage.

The building has an extensive list of amenities:

Amenities include a 60-ft heated indoor pool with adjacent party space; weight and exercise rooms; library; craft room; 2 acres of award-winning gardens; gazebo; an arcade of shops; heated indoor garage with adjacent bike rooms; guest apartments for rent on first floor; basement storage facilities; 3 passenger elevators and 8 freight elevators; and doormen and garage attendants 24/7.

The building requires 20% down.

And there are no dogs allowed.

Originally listed for $400,000, this has been reduced twice and is now $360,000.

Is it priced to sell?

Mike Paonessa at @Properties has the listing. See the pictures here.

Unit #1917: 2 bedrooms, 2 baths, no square footage listed

  • It’s a co-op so I don’t have the prior sales info
  • Originally listed in February 2016 for $400,000
  • Reduced twice
  • Currently listed at $360,000
  • Assessments of $1083 a month (includes real estate taxes, heat, doorman, cable, Internet, exercise room, pool, exterior maintenance, lawn care, scavenger, snow removal)
  • Taxes of $537
  • Central Air
  • No washer/dryer in the unit. Coin laundry in the building
  • Valet parking for $105 a month
  • Bedroom #1: 15×11
  • Bedroom #2: 20×11
  • Office: 5×4

 

 

Iconic Building Week: Life From the 85th Floor in Trump Tower: 401 N. Wabash

401-n-wabash-1

This 85th floor 3-bedroom in Trump Tower at 401 N. Wabash in River North came on the market in August 2016.

It has north, east and west views from its curved glass living room.

Because its near the top of the building, it has extra high 11 foot ceilings.

There are 3 fireplaces and an 8×6 laundry room.

The kitchen has luxury appliances including Miele, Subzero and Wolf.

All 3 bedrooms have en suite bathrooms.

There’s also a den.

The unit has central air and 2-car parking is included.

Trump Tower was finished in 2009 so it’s not even 10 years old.

Yet few would doubt that the building already has iconic status in Chicago.

Originally, locale real estate agents called the location of Trump Tower a “class A building in a class B location.”

But the Chicago River has become quite the scene since construction began with the addition of the Riverwalk, the development of Wolf Point and a flurry of new office towers further to the west.

When it was finished, Trump Tower was the fourth tallest building in the United States. It also still has the second highest residence in the world, dwarfed only by those in the Burj Khalifa.

It has 486 units and owners get the amenities of the hotel.

While this 85th floor unit is not the highest unit in the building currently on the market, as there is a $12.7 million 89th floor penthouse listed, at $4.3 million, it is a third of the price of that penthouse unit.

Is this a deal for a high floor with these views?

Chezi Rafaeli at Coldwell Banker has the listing. See the pictures here.

Unit #85A: 3 bedrooms, 3.5 baths, 3080 square feet

  • Sold in June 2009 for $2.517 million (included 2 car parking)
  • Currently listed for $4.3 million (includes 2 car parking)
  • Assessments of $3760 a month (includes gas, cable, doorman, exercise room, pool, exterior maintenance, lawn care, scavenger, snow removal)
  • Taxes of $51921
  • Central Air
  • Washer/Dryer in the unit
  • 3 fireplaces
  • Bedroom #1: 16×18
  • Bedroom #2: 14×16
  • Bedroom #3: 19×12
  • Den: 12×14
  • Laundry room: 8×5

 

Iconic Building Week: A Renovated 1-Bedroom in Marina City at 300 N. State in River North

300-n-state

This 1-bedroom in Marina City at 300 N. State in River North came on the market in August 2016.

Marina City was designed in 1959 by Bertrand Goldberg and completed construction in 1964.

Both towers have 65 stories. There’s also a marina on the river level.

Originally built as apartments, they were converted to condos in 1977.

The corn cob buildings have been the star of many movies and television shows not to mention television commercials.

However, their appearance also makes for a unique “pie shape” layout in the units.

This unit is on the 59th floor and has been completely renovated including removing walls from the original kitchen and opening it up to the living space.

The listing indicates it has north, east and west city views.

The kitchen has white cabinets, new counter tops, a kitchen island, stainless steel appliances and a tile backsplash.

It appears that there are new hardwood floors throughout.

The bathroom has also been renovated with a stand-up shower.

There’s no central air but there are wall units.

There’s also no in-unit washer/dryer and parking is leased in the 896 car parking garage.

The buildings, however, were in the news this summer for some issues with their balconies.

From DNAInfo:

An April 15, 2015, inspection resulted in building code violations including “failure to maintain the exterior walls of a building or structure” at 300 N. State St. It required a “comprehensive inspection of the building’s exterior,” city buildings department spokeswoman Mimi Simon said.

“The building’s management hired an engineering firm to conduct this examination, which found that all of the building’s facades and balconies need to be repaired or replaced to bring them up to code,” Simon said.

In March, the Marina Towers Condominum Association obtained a building permit to make more than $2.1 million in repairs to balconies at all elevations, public records show.

DKcondo, Marina City’s management company, did not respond to a request to be interviewed about the construction project.

Janiec offered vague details about the repairs, saying that it could take up to eight weeks to fix each affected balcony railing.

“Everything is a process. There are eight or nine steps to replace posts and certain grout takes a long time to cure,” Janiec said. “We are trying to get all the [repair] work done this year.”

Some residents, however, say they’ve been banned from balconies since October and they haven’t been given any guarantee the work will be finished this year.

Is a renovated Marina City unit a dream come true for a Millennial new to Chicago?

Dustin Harvey at Alto Realty has the listing. See the pictures here.

Unit #5918: 1 bedroom, 1 bath, 725 square feet

  • Sold in November 1991 for $15,500
  • Sold in October 2013 for $223,000 (per Redfin)
  • Originally listed in August 2016 for $293,500
  • Reduced
  • Currently listed for $288,000
  • Assessments of $539 a month (includes doorman, cable, clubhouse, exercise room, exterior maintenance, lawn care, scavenger, snow removal)
  • Taxes of $4133
  • No central air- wall units
  • No in-unit washer/dryer
  • Parking is leased in the 896 car parking garage
  • Bedroom: 12×14
  • Living room: 18×16
  • Kitchen: 10×12

Iconic Building Week: A 2-Bedroom in the John Hancock: 175 E. Delaware

175-e-delaware-approved

This 2-bedroom in the John Hancock Center at 175 E. Delaware in the Gold Coast came on the market in July 2016.

Built in 1969, the John Hancock has 700 units above commercial space and includes one of the highest residential units in the world.

This north facing unit has been renovated in the last 3 years.

At 1558 square feet, the prior listings said this is the largest 2/2 with den floor plan in the building.

It has red oak engineered wood flooring.

The kitchen has new St. Thomas custom cabinets, Arabian Nights granite countertops, a white subway tile backsplash and stainless steel appliances.

The bathrooms have new vanities.

It has a 9×8 “terrace” or den space with a window that vents (not all units have windows that vent, apparently.)

The unit has a Nest thermostat and in-unit washer/dryer. Parking is rental in the building.

According to the listing, the building has done a lot of upgrades recently.

The unit has 3 new a/c units, provided by the building, the parking garage was renovated, and the gym and indoor pool were also renovated this year (be sure to check out the picture of the indoor pool in the listing.)

This is a full amenity building with a supermarket.

There’s no doubt when you tell a Chicagoan you “live in the Hancock” they know exactly what you mean. No address required!

This unit originally listed for $599,000 in July and has been reduced $20,000 to $579,000.

Is this an affordable entry point for buyers who want views and the Gold Coast location?

Get ready for more “iconic” Chicago residential high rises all this week.

What do YOU consider to be the iconic residential buildings in the city?

Chime in now, or forever hold your peace.

And, by the way, it’s actually really hard to get a good picture of the outside of the John Hancock. It’s so massive you need to be further away. But then, if you are further away, you’d better have a really good camera in order to really capture it.

This is the best I could do with my crappy camera.

175-e-delaware-2

Martin Taradejna at Conlon has the listing. See the pictures here.

Unit #6304: 2 bedrooms, 2 baths, 1558 square feet

  • Sold in January 1981 for $200,000 (per Zillow)
  • Sold in March 2000 for $375,000
  • Sold in December 2013 for $435,000 (per Zillow)
  • Originally listed in July 2016 for $599,000
  • Reduced
  • Currently listed for $579,000
  • Assessments of $1121 a month (includes doorman, cable, exercise room, pool, scavenger)
  • Taxes of $8505
  • No central air. 3 wall units
  • Washer/Dryer in the unit
  • Parking is rental in the building from $295 to $325 a month
  • Bedroom #1: 16×27
  • Bedroom #2: 14×11
  • Terrace/den: 9×8