$75,000 Reduction on 2-Bedroom Lincoln Park Duplex Up Condo: 1020 W. Armitage

This 2-bedroom duplex up at 1020 W. Armitage in Lincoln Park came on the market in February 2020.

Built in 1995, this building has 8 units and attached parking. It doesn’t appear to have an elevator, however.

This unit is a duplex up penthouse.

The main level has the living room, dining room and kitchen, along with a fireplace and built-in bookcases.

The kitchen has white cabinets, granite counter tops and stainless steel appliances.

The second floor has both bedrooms, including the master suite, and both full bathrooms.

The third floor has an office which has built in cabinets and a wine refrigerator along with a private rooftop deck.

It has the features buyers look for including has central air, washer/dryer in the unit and a 1-car attached garage.

The property is just steps away from the Brown Line El stop and the shops and restaurants on Armitage.

Originally listed in February 2020 for $725,000, it has now been reduced $75,000 to $649,999.

Is this a deal?

Pamela Rueve at Jameson Sotheby’s has the listing. See the pictures here.

Unit #3A: 2 bedrooms, 2 baths, duplex up, no square footage listed

  • Sold in August 1996 for $260,000
  • Sold in October 1999 for $315,000
  • Sold in April 2006 for $515,000
  • Sold in August 2008 for $567,000
  • Sold in April 2015 for $590,000
  • Originally listed in February 2020 for $725,000
  • Reduced
  • Currently listed at $649,999 (includes 1-car garage)
  • Assessments of $369 a month (includes scavenger)
  • Taxes of $12,989
  • Central Air
  • Washer/dryer in the unit
  • Fireplace
  • Bedroom #1: 15×15 (second floor)
  • Bedroom #2: 15×11 (second floor)
  • Living/dining room combo: 28×15 (main floor)
  • Kitchen: 12×8 (main floor)
  • Office: 11×5 (third floor)
  • Rooftop deck: 18×13 (third floor)

 

 

10 Responses to “$75,000 Reduction on 2-Bedroom Lincoln Park Duplex Up Condo: 1020 W. Armitage”

  1. The appliances seem pretty low-end (that fridge with the black plastic handles!), so based on that I am guessing the current occupants have not done much in the way of improvements. The old laundry-inside-your-bath isn’t appealing either. Otherwise, cozy. I like that the bedrooms are up from the living area providing some noise attenuation from others in the building, but if my office space were also my happy hour space I would get nothing done.

    I have a rule that is never buy a condo over commercial space so I wouldn’t be interested in this regardless. Glad the seller is getting more realistic on price.

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  2. Holy Crackpipe pricing, the initial ask was nuts.

    I guess schlepping their offspring up to their “Penthouse” got old.

    9 pictures of a crappy deck?

    The blinds over the kitchen passthru are a classy touch

    At $4200/mo + coming up with the $120k DP, an apartment sounds a lot more attractive

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  3. That refrigerator is clearly on its last legs, OR was the cheapest SS replacement they could buy (maybe both).

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  4. Matt theCoffeeman on April 6th, 2020 at 1:23 pm

    I’ll give you 10 rolls of toilet paper for this. At the current exchange rate, that’s about what it’s worth.

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  5. Nice overall, but expensive for just two bedrooms. I think you have to think about how much you plan to use the outdoor space, because that’s probably accounting for a lot of the price premium.

    It’s nice that there’s a real dining room instead of one big combo LR/DR/kitchen. The fireplace is handsome, too. But for pete’s sake, get that damn TV off the wall above it!

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  6. These people are weird too….so I am staging a place but something happened to *some* of the drapes. Take the master bedroom — I’ve got enough drapes for one window. What do I do? I’ve got two windows.

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  7. the ceilings look super low–usually there’s at least an attempt at the photographic jujitsu they use to make 8 ft popcorn ceilings in a dark, garden apartment appear VAST!

    Overall, the staging sucks. Definitely not worth $650k.

    Also why no sq. footage? for $650k, size matters!

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  8. pricesensitive on April 7th, 2020 at 7:16 am

    Baths arent even rental grade anymore and maybe original. Kitchen is close behind. Big nope.

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  9. I’m not sure I get why there is a shade for the pass-through between the kitchen and dining room.

    And I agree with JohnnyU about the overabundance of deck photos.

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  10. “why there is a shade for the pass-through”

    my best guess would be so they can hide the kitchen mess during a party.

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