4-Bedroom Duplex Down Returns As A “Full Gut Rehab”: 1928 W. Diversey in West Lakeview
We’ve chattered about this 4-bedroom duplex down at 1928 W. Diversey in West Lakeview several times over the past 3 years most recently in January 2011.
See our prior chatter here.
Back then, the unit was in a short sale but time was of the “essence” because:
“MOLD IN LOWER LEVEL DUE TO RECENT WATER DAMAGE FROM SHORTED PUMP. NEW PUMP HAS BEEN INSTALLED. REMIDIATION ESTIMATE AVAILABLE. DAMAGE IS VERY RECENT.”
The unit never sold and went back to the bank in April 2012.
It was then sold in August 2012 for just $211,000.
You can see pictures of what the interiors looked like at the August sale here.
After a “full gut rehab” it has come back on the market listed at $399,900.
The cherry floors are no more. Everything is new.
The kitchen now has white cabinets, carrera marble counter tops, Bosch stainless steel appliances and a wine fridge in the island.
There is a spa master bath with body sprays.
Two of the bedrooms are on the main floor and two are on the lower level.
There is also a family room on the lower level.
It has central air, an in-unit washer/dryer and 2 car tandem parking is available for $20,000 extra.
Will this sell quickly since everything is “new”?
Lance Kirshner at @Properties now has the listing. See more pictures here.
OR you can see it in person at the Open House this Saturday November 17 from 11 am to 2 pm.
Unit #1W: 4 bedrooms, 3 baths, duplex down, 2200 square feet
- Sold in September 2006 for $515,000
- Lis pendens foreclosure filed in November 2009
- Originally listed in February 2010 for $474,000
- Reduced several times
- Was listed in March 2010 as a short sale for $439,900
- Reduced
- Was listed as a short sale in January 2011 at $324,000
- Burst pipe and mold in January 2011– remediation estimate available
- Bank owned in April 2012
- Sold in August 2012 for $211,000
- Currently listed at $399,900 (plus $20,000 for 2-car tandem parking)
- Assessments now $315 a month– the seller will pay assessments for 12 months
- Taxes now $8164 (were $7697 in January 2011)
- Central Air
- Washer/Dryer in the unit
- Bedroom #1: 15×12 (main level)
- Bedroom #2: 15×11 (main level)
- Bedroom #3: 12×11 (lower level)
- Bedroom #4: 14×10 (lower level)
Well, the new owner did a nice job on the remodel/finish selections
What? no “this far West you might as well be in Schuamburg” jokes. Has the Cribarati mellowed in time for the holidays.
I am the only one who really dislikes the @Properties listings/site?
This location sucks, unless you’re a traffic afficianado
Look at that huge bath shower. Those things are drafty and cold. You know what? I’ve having some remodeling done on my estate (bigger than Clio’s) so I decided to use one of the old-fashioned standard 5 ft. wide bath/shower/tub combo in a guest room. When you close the door and shower curtain on one those old fashioned setups, then when you get out of the hot shower the whole room is warm, the shower/tub area itself is nice and warm while you’re in there. Marble floors are freezing. Reminds me of my extensive travels in Italy and Provence. The bigger the master bath, and shower, the more drafty it is.
Nice upgrades but I’m not sure that a unit with 2 bedrooms in the basement located on Diversey has a massive appeal. Someone will like this enough to put out $375K including the parking.
I wish we could just tear all these things down and start over. This one is actually kind of nice, though. I think they can get close to 400k with the parking included.
Although once again, carrera marble as a kitchen counterop? WTF? WHY do people do this? If you like the marble look there are quartz countertops that come close. Only a pastry chef wants these countertops.
I like this place. Maybe not perfect for somebody who relies on the CTA, but I like the layout and finishings. $400k is asking alot though. It would sell quickly at $350k
I can’t believe this went for over 500K in 2006. Oy.
Not too bad, no great shakes but someone will pay $350k with parking for this. It’s not a bad location for north suburban commuters.
i’m always weary when i see a lack in the details. the kitchen needs a counter depth refrigerator and more importantly the wine fridge sticks out of the island. i don’t know why people (builders/developers/flippers) will go through the work in building out a brand new kitchen and not spend the extra few hundred dollars for the proper appliances. they spent the money on the cabinet side panels though. maybe people value the extra space in the refrigerator but i think it just looks bad.
“I can’t believe this went for over 500K in 2006.”
And the finishes are nicer now!
We lived a few blocks away when the traffic was lighter in the late 90s, and my wife could not have despised her drive to/from Northbrook any more.
Although you are tantalizingly close to the expressway as the crow flies, getting across the river and then Western sucks eggs.
“Not too bad, no great shakes but someone will pay $350k with parking for this. It’s not a bad location for north suburban commuters.”
I want those countertops!! Me, me! Probably not in conjunction with those cabinets, though, and I agree that the fridge should be counter-depth. Also, it has the dreaded over-the-stove microwave rather than a proper hood. I’m also curious as to whether there’s really enough space between the stove/fridge and the island — might be tight.
Not a bad price for that many bedrooms and (nice) baths; not a great location, though.
“Although you are tantalizingly close to the expressway as the crow flies, getting across the river and then Western sucks eggs.”
+1
I live west of here on Diversey and getting past both the Clyborn and Elston intersections is a real pain. Proximity to Lathrop Homes is also a downer. Wang Che part is pretty close and is very nice, though and Costco is right around the corner!
Off topic, but does anyone know what would account for the (apparent) shenanigans in the price history of this place: http://www.redfin.com/IL/Chicago/3510-N-Southport-Ave-60657/home/13382986 ?
Alley to Damen, South to Fullerton, right on Fullerton to Kennedy doesn’t seem too bad to me, maybe 5- 10 minutes, mostly waiting for traffic at Fullerton, Damen, Elston, but to each his own. It’s certainly a lot faster than getting to the Kennedy from most of Lincoln Park or Lakeview in the morning.
“mostly waiting for traffic at Fullerton, Damen, Elston”
That right there is the problem. That is an evil intersection.
Those counter tops will look like crap in no time. Marble is more porous than granite. Even onion skin stains marble. Actually, I think they look bad already with the off white cabinets.
“Off topic, but does anyone know what would account for the (apparent) shenanigans in the price history of this place”
It’s new construction and the PINs weren’t split, so everything shows up as one.
Those other sales would appear to be: Mar-11=Old building (here: http://www.urbanrealestate.com/property/3510-N-Southport-CHICAGO-IL-60657-3TANARJ6FRUTK.html ) and the two 2012 sales are of two of the new units.
“Although once again, carrera marble as a kitchen counterop? WTF?”
I’m not sure Chicago pick-up driver “carrara” marble is actually the real Carrara marble from Italy, But assuming it is, that’s a bad choice for a counter-top. Michaelangelo, Bernini et al chose “Carrara” marble from Liguria because it of its softness, which made it a great choice for carving beauty such as the Pietà and Ecstasy of Saint Teresa.
“That right there is the problem. That is an evil intersection.”
Sometimes there is traffic in the city. This isn’t a great location but to suggest its inaccessible to 90/94 is just false.
I didn’t suggest that – of course you can get to 90/94 from anywhere in the city if you want to badly enough. I just hate that intersection. I wish the city would find a way to redesign it, it’s truly terrible.
[mh] “I wish the city would find a way to redesign it, it’s truly terrible.”
They are.
http://www.flickr.com/photos/jamesbondsv/6726015177/
Oh hey, that’s cool – I’m not in that neighborhood much anymore but good to know.
““mostly waiting for traffic at Fullerton, Damen, Elston”
That right there is the problem. That is an evil intersection.”
And turning south on Damen from the alley directly north of the Clybourn intersection. I usually get gas at the Clark station right there and that turn is no picnic – and that’s not usually at rush hour. If I were headed north on the highway I’d probably go north to Belmont and get on there.
Hi! This is our project- SNS Realty Group- and I always appreciate reading everybody’s comments when our homes make in onto to Crib Chatter. If any of you would to see the unit first hand, note that we are having an open house today (Saturday) from 11:00 AM to 02:00 PM