3-Bedroom Lincoln Park Loft Sells for $6500 Under the 2003 Price: 1735 W. Diversey
We last chattered about this 3-bedroom loft at the Regal Lofts at 1735 W. Diversey in Lincoln Park in July 2011.
See our prior chatter here.
Many of you liked the floorplan and loft features but several of you thought the kitchen and baths were dated.
You also didn’t like the Diversey location- with some of you mocking the location as not being “true” Lincoln Park.
After another $10,000 price reduction to $379,000, the loft sold in September 2011 for $372,500, or $6500 under the 2003 price.
If you recall the loft had 10.5 foot beamed ceilings and columns made from 100-year old Wisconsin timber.
It was the only loft on the market in the building at that time with the beamed ceilings still intact.
The northeast corner unit also had plenty of exposed brick.
The unit also had full ceilings heights on the bedrooms which is rare in most lofts.
The loft had an open kitchen with white appliances and what looked like stone counter tops of some kind.
It also had the amenities buyers are looking for including central air, washer/dryer in the unit and an added bonus of a 2-car tandem parking space included in the price.
Did someone get a deal or is this just the going rate for 3-bedroom lofts in West Lincoln Park now?
Terry Philips at Coldwell Banker had the listing. You can still see the interior pictures here.
Unit #321: 3 bedrooms, 2 baths, 1533 square feet
- Sold in January 2000 for $280,500
- Sold in November 2003 for $379,000
- Originally listed in May 2011 for $394,000
- Reduced
- Was listed in July 2011 for $389,000
- Reduced to $379,000
- Sold in September 2011 for $372,500
- Assessments of $409 a month
- Taxes of $5435
- Central Air
- Washer/Dryer in the unit
- 2 car outdoor tandem parking included
- Bedroom #1: 12×15
- Bedroom #2: 12×11
- Bedroom #3: 10×13
Count me as part of the crowd that did not know Lincoln Park went this far west. Where is a good link showing Chicago neighborhoods as defined by their borders?
http://www.cityofchicago.org/content/dam/city/depts/doit/general/GIS/Chicago_Maps/Community_Areas/CA_LINCOLN_PARK.pdf
Thanks Vlajos! This link is very helpful.
That’s a *community* map NOT a *neighborhood* map… big difference in quality and price.
The communities are the only ones truly defined by the City.
“The communities are the only ones truly defined by the City.”
And everything else is a “I know it when I see it”.
Who’s going to post the link to the neighborhood map that shows Lake View going all the way to IPR and the River? [preemptive debunking]
This is a really well managed and maintained building with a dog run (rare), fitness center, and gated guest parking. The units I’ve seen are are quite nice, especially the ones in the original/timber part of the building (not a lot of timber lofts in this area so that is even better). The location is good, too…not on top of everything but still close enough. I wouldn’t hesitate to take clients there.
“I wouldn’t hesitate to take clients there.”
As long as you give them a little history faq about the location…….
http://www.weirdchicago.com/sausage.html