$50K Reduction on this Lakeview Vintage Beauty: 630 W. Oakdale
We last chattered about this 2-bedroom vintage unit at 630 W. Oakdale in Lakeview in November 2008.
See the old chatter here.
On the market since July 2008, it has now seen a $50,000 reduction from its original listing price.
Here’s its history:
Unit #3E: 2 bedrooms, 2 baths, sunroom, 1600 square feet
- Sold in June 2000 for $370,000
- Sold in April 2003 for $455,000
- Originally listed for $599,000 in July 2008
- Reduced in August 2008 to $575,000
- Reduced again in late October 2008 to $560,000
- Was listed in November 2008 at $560,000 (includes 2 car parking)
- Reduced
- Currently listed for $549,000 (2 car parking included)
- Assessments of $150 a month
- Taxes of $5546
- Central air
- Fireplace
- Brian Loomis at Coldwell Banker still has the listing. See more pictures here.
Assesments are nice and low. Drop the price another 100k and it should sell.
I really like the sunroom but $550K for 2/2 is still outlandish. Assessments are still scary low… I’d at least wait until Chicago thaws out to make sure the boilers, etc aren’t going to explode right after purchase…
Assessments are low because they include nothing, no ammenities whatsoever. Taking this into account $150 a month for nothing is sort of expensive. This will sell at around 400k unless the seller is able to take it off the market. It won’t be worth 550k for years.
It looks to be a beautiful condo, but sadly the owners are just asking for too much money.
2000 price max.
How about the new listing (3bd) at 510 W Oakdale????????????