3 Years Later, We Still Love Big Rooftop Terraces: A 3-Bedroom Duplex Up At 800 W. Cornelia In Lakeview
We last chattered about this 3-bedroom penthouse duplex up at 800 W. Cornelia in Lakeview in December 2009.
See our prior chatter here.
Some of you may remember this unit because the realtor chimed in wondering if Groove, Jon and Sonies were paid by CribChatter (um…safe to say the answer to that would be “no.”)
But he did clear up the story behind the third bedroom which used to be a den but was closed off and has a closet so it now qualifies as a bedroom (was 9×8 in 2009 and is now 10×7.)
If you recall, the main living areas are on the first floor along with two of the bedrooms.
The kitchen has cherry cabinets, granite counter tops and stainless steel appliances.
The master bedroom and family room are on the second level along with a 26×15 terrace with city views.
There’s also a wet bar and the unit has 12 foot ceilings.
It’s an elevator building and it comes with the highly coveted 2-car garage parking.
It came on the market in September 2012 at $40,000 above the 2010 purchase price, or $695,000, but has since been reduced to $639,000.
Back in 2009, some of you thought it would sell in the high $500,000s or the low $600,000s.
Are you sticking by your predictions the second time around?
Or has the market changed your outlook even further since 2009-2010?
Kevin Tatum at @Properties again has the listing (be kind to him.) You can see the pictures here.
Unit #408: 3 bedrooms, 2.5 baths, there’s no square footage listed this time but in 2009 it was 1825 square feet
- Sold in November 2004 for $614,000
- Listed in October 2009 for $699,000
- Sold in May 2010 for $655,000
- Listed in September 2012 for $695,000
- Reduced several times
- Currently listed at $639,000
- Assessments are now $509 a month (they were $476 a month in December 2009) (includes cable)
- Taxes are now $9914 (they were $10,359 in 2009)
- Central Air
- Washer/Dryer in the unit
- Fireplace
- Bedroom #1: 16×13 (second floor)
- Bedroom #2: 12×11 (main floor)
- Bedroom #3: 10×7 (main floor- was 9×8 in prior listing in 2009)
- Family room: 16×13 (second floor)
- Terrace: 26×15
Well at least this realtor is trying
Not so convinced of the million dollar views though… I mean its basically ON North halsted street… and all its debauchery I guess worth something for entertainment value.
i am still waiting for my residual checks from sabrina all the way back to 2008. any lawyers want help a brother out i give you a 30% cut 😉
i still think Its a really nice place and i love the family room leading to the deck. considering you get 2 parking spots it a pretty good deal. why it hasnt sold i dont know? could be the market for on halsted properties is not that big?
I guess its fun to Party on that street just not fun to Live on it.
really like this place.
but the buyer pool shrinks when you really start to think about it…
you need the Cubs fan, just married, DINKs.
“you need the Cubs fan, just married, DINKs.”
Wait, Quinn signed a gay marriage law this morning?
Actually you need to be a Hydrate fan to buy this place.
Nice place though, but agree with PP tough sell right on Halsted. But I guess being up on the top floor might help?
The Septmeber list has this one chasing the market in the wrong direction. It would have been better to come onto the market with your best price first and it may have moved.
“i am still waiting for my residual checks from sabrina all the way back to 2008. any lawyers want help a brother out i give you a 30% cut”
You might have been better off w the free lunch (as if there were such a thing).
I guess the current seller now realizes how good kevin is at getting buyers to pay up…
Nice place but would be better on a side street. I love the deck.
No way would I live right there. It’s like Bourbon St. on the weekend, every weekend.
Well hello there sonies, Grove77 & Old_Hickory! Has it really been 3 years? We went under contract this evening. xxoo!
“We went under contract this evening. xxoo!”
This property is a case in point as to what is going on out there. This seller has to list for below the 2010 price to move it. That’s the reality I’m seeing everywhere.
But- price it “right” and it sells fast. Buyers still want a “deal” even if inventory is down. They are loath to pay more than what someone paid in the last 10 years (unless it’s been renovated.)
This is a wonderful deal for the money- a large 3 bed with extra entertainment space (the “family” room) on the 2nd level, in a newer elevator building in Lakeview with 2 garage spaces AND a large terrace- you cannot beat this for the price. I would really think that many families with one or two kids would prefer this to a SF house in the same area. You couldn’t begin to find a SF house around there that could approach this in appearance, amenity and common comfort, security, or convenience for anything like this price.
The SF house might not even have 2 parking spaces.
Directly across the street: “Hydrate Chicago – Chicago’s Premier Gay Night Club.”
There’s your market. On a side note, I was driving on the northside up to an NU football game last Fall, and there was a gay bar on the route named “Touché”. You have to give these fellas credit, they come up with some hilarious names for bars.
I used to live in that building until last April, and was the board president. 408 is high enough to get minimal street noise, and the master bedroom is actually on the 5th floor and set back by 20 feet from the building edge — no noise there at all. Plus, it’s not facing Halsted, you won’t hear Hydrate at all there.
Yes, it’s ideal for the person who likes going to the Halsted restaurants, culture, and clubs, no worries about drinking, you walk home. And if I say so myself, the building is very well run with good reserves.
Some of the best names of Lakeview gay bars that I remember from living in the neighborhood back in the day:
The Closet
The Manhole
Pickups and Deliveries
Manhole closed years back, but by far was the most notable for straight and gay. also think charlies and berlin have been around for ages too. there is also a sugar daddy place that was south of hydrate across addison that was around.
(sorry forgot the gay naming for sugar daddy)
If nothing else, bravo for quality photography!
It’s now contingent. Pretty nice place.