3-Bedroom SFH Vintage on the Outside But Modern on the Inside: 1566 N. Hoyne in Wicker Park
This 3-bedroom vintage single family home at 1566 N. Hoyne in Wicker Park recently came on the market.
While the exterior of the home was built in 1891, the interior was a complete gut rehab in 2005.
The living room/dining room now has 18 foot cathedral ceilings and skylights.
The kitchen is open to the living space and has stainless steel appliances and granite counter tops.
You enter into the house on the second floor which is where the master bedroom, along with the kitchen/living/dining areas are located.
The other 2 bedrooms and the family room are on the “main” floor below.
The family room looks out on the landscaped backyard and large brick patio.
Built on a 24×150 lot, the house has central air and a 2-car garage.
The house is located just a block from the blue line stop at Damen as well as all the shops and restaurants of Bucktown and Wicker Park.
It is currently listed for $72,600 under the 2007 purchase price.
Is this house a deal for the location?
Jeff Lowe at Prudential Rubloff has the listing. See the pictures here.
1566 N. Hoyne: 3 bedrooms, 2.5 baths, no square footage listed, 2 car garage
- Sold in June 1991 for $62,000
- Sold in August 1998 for $250,000
- Bank owned in September 2002
- Sold in May 2003 for $355,000
- Sold in August 2005 for $720,000
- Sold in March 2007 for $772,500
- Currently listed for $699,900
- Taxes of $9338
- Central Air
- Bedroom #1: 15×12 (second floor)
- Bedroom #2: 12×12 (main floor- or lower level)
- Bedroom #3: 18×13 (main floor)
- Family room: 20×15 (main floor)
- Kitchen: 12×12 (second floor)
- Living/Dining room: 19×14 (second floor)
cute and reasonably priced but families have a huge issue with kids/parents on separate floors.
That is probably the main issue.
Feels backwards, looks like you enter into the kitchen/family room/dining then walk up the short staircase into the livingroom? Sexyparty fail.
I like it. Good location. layout is a bit of an obstacle, as well as the big building next door with a multitude of balconies over looking your yard. But overall, I like the clean, uncluttered style, well staged. 650
I think that this is slightly but not terribly overpriced. The location is great and the interior looks very nice. The layout is not ideal but not terrible and may appeal to some people. I’d like to see a floorplan. (I think that there are only two floors – the one you enter on and the one downstairs with all the bedrooms.) Some people won’t like having all the bedrooms downstairs (I would not).
I say $645k gets it done, as around $700-$750k you can start to get into newer construction in Bucktown and other nearby areas, and I don’t think that this is quite as desirable as those properties.
Wow – I guess I am in the minority here because I think that the place is overpriced by at least 100-125k.
I like the idea of bedrooms below (they appear to be at or above grade, not “basement” or english basement). The benefit is the cathedral ceilings and openness in the LR and kitchen/FR. I was a bit confused by floorplan, and I think the awkwardness here (for me) is that the Master BR and bath must be sandwiched in the middle between the two big open spaces that face the front (LR) & back (Kitchen/FR) of the house
You and I can agree on at least one thing, clio.
“#clio on March 8th, 2011 at 11:42 am
Wow – I guess I am in the minority here because I think that the place is overpriced by at least 100-125k.”
“and I think the awkwardness here (for me) is that the Master BR and bath must be sandwiched in the middle between the two big open spaces that face the front (LR) & back (Kitchen/FR) of the house”
After reviewing the pictures again I guess I think that the bedroom with the cow-print rug is in the back behind the kitchen on the main floor.
Its on a long lot too (24×150)…
I agree, though, that there are a bunch of bigger SFHs in the area (in Pulaski district even, if people care) with 3 full floors that are putting a ceiling on the price here. Not that far off North ave, and North isn’t quite as nice on that side of Damen. Seems like a reasonable value at 10-15% off list.
Ug – who thinks its a good idea to store wine above a refrigerator. Cute skirt in the closet though.
700,000
9338 taxes
DREAMING
really not feeling this at all stylistically. Nice to have that 150ft lot, but other than that kinda blah. Many nicer homes available at that price point imo.
I really like this place and think it is well done. I could see people paying 3500 a month to live in a place like this
/shrug
“who thinks its a good idea to store wine above a refrigerator”
because it’s impractical or it will affect the wine?
“because it’s impractical or it will affect the wine?”
The heat from the refrigerator is very bad for the wine.
Are you kidding?
“Cute skirt in the closet though.”
Besides the heat from the refrigerator, it is a bad idea to store wine high up where the hot air concentrates (it is lighter than cool air). That is why wines are kept at cellars.
“because it’s impractical or it will affect the wine?”
“I really like this place and think it is well done. I could see people paying 3500 a month to live in a place like this”
Agree. To do that, one must put down 20%, get a 5/1 mortgage, and (probably) under-allocate for repair/maintenance reserves.
Or buy it for ~$100k less.
anon with the homerun post
I wasn’t focused on the inconvenience. The heat from the refrigerator and the higher space does spoil the wine – even if its not expensive and consumed quickly, I still think its kind of gross to drink wine that’s warmer than room temperature.
And I was serious about the skirt…I noticed it far more than the closet space itself.
“And I was serious about the skirt…I noticed it far more than the closet space itself.”
more proof that there is a buyer for every property…. even mine:
http://www.redfin.com/IL/Saint-Charles/3N645-Ponderosa-Dr-60175/home/17970713
$650-675k, this area commands the numbers whether I like it or not. For the same money I would buy this…
http://www.redfin.com/IL/Chicago/1314-N-Oakley-Blvd-60622/home/14107203
Irregardless of the price, I would pass on this place for the sole reason of the beige brick monstrosity next door.
“For the same money I would buy this…”
Unimpeded view is nice. View of Clemente and Hospital across parking lot is notsonice.
Is the basement ceiling really that low, or are those pix just that bad?
after studying the pictures further, I realized my mistake–I thought the room adjoing Kitchen was the FR & open to back of house, but its really a Kitchen/LR–which makes this more like a condo feel (with duplex down), rather than a single family home feel. So the awkwardness isn’t just Bedrooms split between floors, but a FR on a different level from the kitchen.
“more proof that there is a buyer for every property…. even mine:
http://www.redfin.com/IL/Saint-Charles/3N645-Ponderosa-Dr-60175/home/17970713”
Your place was on (and off and on and off…) the market since September 11, 2008? Wow.
I think about 100K overpriced. Staged very well and looks crisp but I do not like the floorplan except if no family which limits its buying crowd.
“Unimpeded view is nice. View of Clemente and Hospital across parking lot is notsonice.”
Agreed. After living North of a huge apt building with little sunlight in the winters, the unobstructed light trumps the hospital view for me.
“Is the basement ceiling really that low, or are those pix just that bad?”
Probably the boxed in beam or duct work making it appear that way.
“Your place was on (and off and on and off…) the market since September 11, 2008? Wow.”
Yeah – it’s a rough market out there. I was the “knife-catcher” that bought in 2008 – thank God I paid 400k less than the previous owners in 2005 – but still, you can understand that the carrying costs, commissions, taxes over 2.5 years was enough to create a 70-90k loss (even though I sold for 40k more than I paid for it).
Great, then let’s not have any more of the “I haven’t lost money on RE” talk. Don’t even start with the paper loss nonsense…
“you can understand that the carrying costs, commissions, taxes over 2.5 years was enough to create a 70-90k loss:
“more proof that there is a buyer for every property…. even mine:
http://www.redfin.com/IL/Saint-Charles/3N645-Ponderosa-Dr-60175/home/17970713”
Do you know what the buyer is going to do with the place?
“Besides the heat from the refrigerator, it is a bad idea to store wine high up where the hot air concentrates (it is lighter than cool air). That is why wines are kept at cellars.”
we just installed a wine rack below a wall cabinet. I think it will be okay though since there is a window on either side and the A/C vent is close…and we drink it fast enough 😀
click on my Alias if anyone cares to see the pics
Maybe i missed the post,
but is no one talking about the looming apartment building next door.
really how private is that backyard when you have floors and floors of back porches casting shadows over your special bench that the realtor(tm) felt the need to highlight with its own picture.
Groove, you must realize that the location of the wine rack is far more important than the backyard’s privacy.
“Groove, you must realize that the location of the wine rack is far more important than the backyard’s privacy.”
LOL
Chris M,
could i get your professional opinion? When staging a home, is it better to have your garage beer fridge fully stocked with beer and its freezer with icy-pops or to have it empty?
“When staging a home, is it better to have your garage beer fridge fully stocked with beer and its freezer with icy-pops or to have it empty?”
Either is acceptable as long as the beer is an obscure microbrew and the icy-pops are all-natural with no artificial colors, flavors, or preservatives. This is what GZ buyers are looking for.
“icy-pops are all-natural with no artificial colors, flavors, or preservatives”
is that actually possible and do they exist? will i still cut the inside of my cheeks on the wrapper?
oh wait they will be packages in some reusable hemp-type of thing?
Chris, is half acre obscure enough? What If I only have an ice cube tray with hand squeezed juice and popsicle sticks in it becaus, jesus, of you buy your kid processed food you don’t love them…
“Chris, is half acre obscure enough? What If I only have an ice cube tray with hand squeezed juice and popsicle sticks in it becaus, jesus, of you buy your kid processed food you don’t love them…”
If this property was in Lincoln Park you might be able to get away with Half Acre, but this is Wicker Park…needs to be far more obscure to pass in this neighborhood. And homemade popsicles are even better.
Groove, see my comment.
Blue seems to be a popular color on the street.
@Icarus, I guess if you drink fast enough all locations are ok : )
Huh? I thought Wicker Park was home to PBR-loving hipsters who are into “irony,” etc. And go to Cans bar when feeling lime trying something “different.”
“Groove, see my comment.”
my bad wilson in my hyperbolic inflated outrage of the fact i dont own a wonderful bench like this house i must of missed your post.
My Bad 🙁
“What If I only have an ice cube tray with hand squeezed juice and popsicle sticks in it becaus, jesus, of you buy your kid processed food you don’t love them”
I guess i am evil and dont love anyone,
this morning i shoved a eggo waffle in my kids mug then i kicked his stuffed animals while laughing deeply evil the whole time.
*one one of those things is not true, its up to you to figure out which one.
I’m calling DCFS…
“I’m calling DCFS”
im sorry it was only one blueberry eggo. i will never do it again, promise.
i started my own wheat field and only use vinegar for pesticide, in about 5 months i will have enough grain to make two waffles and i will only use repurposed berries from animal remains.
“but this is Wicker Park…needs to be far more obscure to pass in this neighborhood.”
could the irony come full circle to the point it will be ironic to drink bottled water and MGD?
that’s better.
“that’s better.”
i aim to please. just like the Amish (the true hipsters)
“my bad wilson in my hyperbolic inflated outrage of the fact i dont own a wonderful bench like this house i must of missed your post.”
I’ll let it slide… this time…
Btw, I would totally sit on that bench.
“Btw, I would totally sit on that bench”
i will bring the lemonade