Vintage 3-Bedroom Lincoln Park Row House Returns in 2025: 554 W Fullerton Parkway
This vintage 3-bedroom row house at 554 W. Fullerton Parkway in Lincoln Park came on the market in January 2025.
If it looks familiar, that’s because we last chattered about it in 2023 and wondered if the 7% mortgage rates would impact the sale.
See our 2023 chatter here.
If you remember, it was built in 1886. It’s on a 20 x 101 sized lot and has a parking pad behind the row house with one parking space. It’s not gated.
This row house still has many vintage features including the original mahogany front door and staircase, 12 foot high ceilings, extensive crown molding, ceiling medallions and 3 original stone fireplaces.
There are also ebony hardwood floors throughout and a wet bar and dumb waiter.
The first floor is the kitchen, dining room, utility/laundry room and half bath. It has two separate entrances, both north and south.
The kitchen has white cabinets, what looks like stone counter tops, stainless steel appliances and an island with seating for one. It also leads to a back brick patio which is fenced in.
The second floor has the living room and family room, along with built-in bookcases, and the wet bar.
The third floor houses the three bedrooms. Two of those, including the primary, are en suite.
The row house has a front garden, in addition to the back bricked patio.
It has central air.
This property is in the heart of Lincoln Park, near the shops and restaurants of Lincoln Park, the lake front, beach and Lincoln Park Zoo and is on the famed Fullerton Parkway, with its historic homes.
It’s also near several bus lines.
Originally listed in July 2023 for $1,615,000, it was reduced before being withdrawn from the market in November 2023.
It has now come back listed at $1,397,500.
What is keeping this property from selling?
Is it the layout or the size? Or something else?
Maria Liancourt at Berkshire Hathaway HomeServices has the listing again. See the pictures and floor plan here.
554 W. Fullerton Parkway: 3 bedrooms, 2.5 baths, no square footage listed, row house
- Sold in April 1992 for $350,000
- Sold in November 2005 for $899,000
- Originally listed in February 2011 for $1.25 million
- Sold in December 2012 for $1.015 million
- Originally listed in July 2023 for $1,615,000
- Reduced
- Withdrawn in November 2023
- Re-listed in January 2025 for $1,397,500
- Taxes are now $17,143 (they were $16,339 in September 2023 and $11,991 in April 2011)
- Central Air
- One car parking onsite at the rear of the property
- 3 original fireplaces
- Bedroom #1: 14×12 (third floor)
- Bedroom #2: 14×12 (third floor)
- Bedroom #3: 8×7 (third floor)
- Living room: 18×12 (second floor)
- Family room: 14×12 (second floor)
- Wet Bar: 5×4 (second floor)
- Kitchen: 17×12 (main floor)
- Dining room: 15×12 (main floor)
- Utility/laundry room: 3×8 (main floor)
- Foyer: 6×8 (second floor)
2 primary bedrooms and a reasonable office upstairs and an otherwise … interesting … layout.
Very hard to find something (recently) in this area that has some intact interior vintage and on-site parking in a TH/SFH under $1.5m.
Previously featured, fully-reno’d, neighbor:
https://www.redfin.com/IL/Chicago/558-W-Fullerton-Pkwy-60614/home/13367034
Largely apples and oranges.
I refuse to consider it to be a third bedroom when that occupant would have to go through either the first or second bedroom to get to the bathroom.
Nice two bed plus office though.
Finally they’re getting realistic. As I said in the past, you basically are getting an Alta Vista-sized row house but in LP on a busy street. The LP location is negated by being on Fullerton, IMO. which is why it’s hard to justify a price 40% above what I’d pay on Alta Vista.
dan #2
you basically are getting an Alta Vista-sized row house but in LP on a busy street.
= = = = =
I also admire these row houses. I Stare at them.
I STARE at them while sitting in my idling car during the summer when coming off LSD and headed Midtown Athletic Club so yeah less desirable.
“basically are getting an Alta Vista-sized row house”
plus a usable backyard *and* a real parking pad, plus the space to expand like the 558 people did.
Am I choosing the featured unit over, eg, this one:
https://www.redfin.com/IL/Chicago/3839-N-Alta-Vista-Ter-60613/home/13382485
or this…
one:
https://www.redfin.com/IL/Chicago/3826-N-Alta-Vista-Ter-60613/home/13382543
Probably not.
But there are a lot of decent reasons to prefer the feature over those.
“ What is keeping this property from selling?”
$300k + $10k/mo
It’s a lot of money to spend if you have a family for a place that doesn’t function well for a family
The Kitchen is atrocious for a property > $1MM
The Ebony floors are terrible and a huge mistake for those that jumped on the bandwagon.
As a SFH guy, I’d go Condo over this