A 3-Bedroom Brick and Timber Loft for $479,900 in Lincoln Park: 1735 W. Diversey

This corner 3-bedroom loft in the Regal Lofts at 1735 W. Diversey in Lincoln Park came on the market in June 2022.

I don’t know when this building was built, but Regal Lofts was converted into condos in 2000. There are 107 units with both indoor and outdoor parking.

It’s an elevator building with no doorman. It has a fitness center, storage and a fenced dog park.

This is an authentic loft with 11 foot timber ceilings, timber structural beams and exposed brick walls.

It has diagonal hardwood floors in the main living/dining/kitchen and carpet in the bedrooms.

All 3 bedrooms are fully enclosed and have windows, which is rare for a loft.

The listing says the kitchen was renovated in 2018. It has white cabinets, a large island that can seat 5, quartz counter tops, custom backsplash and a double wall oven.

The primary suite has a walk-in-closet and a “spa-like” bath with separate shower and Jacuzzi tub.

This loft has the features buyers look for including central air and a full size front load washer/dryer in the unit. The listing says there is a new July 2022 HVAC.

One outdoor parking space is included in the price and there is an indoor garage space available for $30,000 extra. The listing indicates there are 107 units in the building but only 30 indoor garage spaces.

It has outdoor space with a large brick private patio with side yard off the living room.

This loft is located in West Lincoln Park, near the Ashland corridor and the Menards and Costco.

Listed in June 2022 at $519,900, it was under contract but has re-listed and reduced to $479,900.

Is this a deal for 3-bedrooms?

Mark Glusker and Jane Leslie Ehlert at Mark Allen Realty has the listing. See the pictures and floor plan here.

Unit #121: 3 bedrooms, 2 baths, 1600 square feet, loft

  • Sold in April 2000 for $278,000
  • Sold in September 2006 for $407,000
  • Sold in September 2009 for $270,000
  • Sold in October 2016 for $379,000
  • Originally listed in June 2022 for $519,900
  • Under contract
  • Re-listed
  • Reduced in July 2022 to $479,900 
  • Assessments of $529 a month (includes exercise room, scavenger, snow removal)
  • Taxes of $7807
  • Central Air
  • Washer/dryer in the unit
  • One outdoor parking space included
  • Indoor garage space available for $30,000
  • Fireplace
  • Bedroom #1: 22×12
  • Bedroom #2: 15×10
  • Bedroom #3: 14×10
  • Living/dining room combo: 22×17
  • Kitchen: 14×10
  • Walk-in-closet: 6×5
  • Deck: 28×8

29 Responses to “A 3-Bedroom Brick and Timber Loft for $479,900 in Lincoln Park: 1735 W. Diversey”

  1. “April 2000 for $278,000” + CPI = $480k.

    Don’t like that it’s ground floor, but otherwise pretty nice.

    If the room measurement are at all accurate, it’s under 1400, rather than 1600.

    laundry pic: (1) looks like the door won’t close, and (2) looks like the dryer is about to fall off.

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  2. “Don’t like that it’s ground floor, but otherwise pretty nice.”

    It has a big terrace which is a big selling point for me. More like a townhouse terrace.

    Also amazing to have two parking spots, even if one is outside.

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  3. “Don’t like that it’s ground floor, but otherwise pretty nice.”

    Agreed – Looks like most of the windows face Diversey, from a privacy standpoint would be nice to have them filmed.

    Looking at the previous sales pics, looks like the realator is ginning up the brightness

    $490k w/ parking

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  4. “It has a big terrace”

    The terrace is ~7′ deep, and right next to the driveway and abuts the sidewalk. It’s nice for what it is, but it’s not actually big, and it’s in a tough spot. It’s like a front yard next to an alley.

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  5. “ginning up the brightness”

    Does look like they added some lighting, and having the windows wide open plus the painted cabinets and new counters help, too.

    but the eerie lack of shadows (esp outside on what looks like a sunny day) does indicate some extra brightening.

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  6. “The terrace is ~7? deep, and right next to the driveway and abuts the sidewalk.”

    It’s bigger than any other balcony in this building except the rooftop units which don’t have authentic loft features as it was added on top of the building.

    People want outdoor space. It’s similar size to many townhouse outdoor spaces.

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  7. Pictures are fantastic on this unit. For all of those who are thinking of selling, THIS is how you do it.

    Hire this agent who clearly spends the money to use great real estate photographers (yes, there are good ones and they are worth the money.)

    Marketing is so important in real estate. You are selling the dream. I don’t understand why so many people don’t get this.

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  8. Yet somehow 221 listed a week earlier and already closed for $535k:

    https://www.redfin.com/IL/Chicago/1735-W-Diversey-Pkwy-60614/unit-221/home/12753668

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  9. “Pictures are fantastic on this unit. For all of those who are thinking of selling, THIS is how you do it.”

    Do what, confuse and disappoint potential buyers?

    Look, I get that want to paint as rosy of a picture as possible, but this is bordering on an obscene misrepresentation. It also fosters a “what else are they hiding” vibe.

    WTF is going on with the bathroom wall tiles, looks like there’s multiple (At least 2 maybe 3)

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  10. “WTF is going on with the bathroom wall tiles”

    If we assume that the difference bt the shower and the first two courses in the tub area is a camera/photoshop issue, rather than reality (compare 19 & 21, and they’re sort of close), I would guess that the original builder initially only put in the lower two courses in the tub area, and the upper courses were added later, either as an upgrade by the original builder or later.

    If the shower is actually different–I’d go with the same answer for the tub, and something happened with the shower requiring tile replacement.

    I bet it all looks closer to the same IRL.

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  11. “Marketing is so important in real estate. You are selling the dream. I don’t understand why so many people don’t get this.”

    Yes, but the backwards TP roll in pic 23 will haunt my dreams.

    I’m not usually a fan of the so-called lofts, but this place looks really nice.

    Ground level is a bummer, but these folks and the previous owners stayed pretty long, so perhaps it’s not so bad. Bottom-up blinds are probably the way to go.

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  12. “Yet somehow 221 listed a week earlier and already closed for $535k:

    https://www.redfin.com/IL/Chicago/1735-W-Diversey-Pkwy-60614/unit-221/home/12753668

    Unpossible!

    So a great photographer is worth -$26k?

    The previous 221 sales pics also seem to show that natual light isn’t optimal FWIW

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  13. Looks like there are some signs of brick efflorescence developing in multiple spots but especially close to the ceiling in the living room. 221 also shows signs of it. Could be a sign of water ingress. Definitely would want to make sure it’s been addressed since it can lead to brick crumbling and spalling.

    Not a expert but lived through a nightmare special assessment and remediation effort in my wood beam loft in printers row.

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  14. Call it West Lincoln Park, but it’s a bit too far west for me. Not really any great public transportation options here, and it’s not in a really interesting area. Once you get west of Ashland, a lot of the charm goes away.

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  15. #121 was under contract already too anon(tfo).

    But the market has slowed really quickly. You couldn’t afford to have your sale fall through this spring.

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  16. Odd that they didn’t include all 3 bedrooms in the listing photos.

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  17. “Odd that they didn’t include all 3 bedrooms in the listing photos.”

    click on the virtual tour link. floor plan with more photos.

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  18. “all 3 bedrooms”

    If you go to the virtual tour link in the listing details, it’s there.

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  19. “Once you get west of Ashland, a lot of the charm goes away.”

    Excluding homes facing Clybourne, I don’t see much difference in charm.

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  20. OK – maybe I should say west of Metra tracks off of Fullerton and Diversey.

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  21. I wonder if someone here could walk to the Clybourn Metra stop. Probably not. This location seems transit-lacking, and also raises the question as to why Metra is opening a new station at Peterson (which isn’t far from its Rogers Park or Ravenswood stops), but has no stops between Ravenswood and Clybourn (basically as if the L went from Lawrence to Armitage without a station). Makes no sense.

    I know someone who’d consider West Lincoln Park or West Lakeview but needs to take Metra to suburbs for work. Lack of a convenient Metra station (say around Belmont) makes this a difficult proposition.

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  22. “maybe I should say west of Metra tracks off of Fullerton and Diversey.”

    So…this place is ok? Being east of Metra?

    There are about 250 total units (excluding Lathrop Homes) in the LP community area west of Metra. Basically all of which are on diversey, or in the shadow of Menards, or both. Except the building in between Costco and Aldi, eg: https://www.redfin.com/IL/Chicago/2614-N-Clybourn-Ave-60614/unit-414/home/13358816

    Even east of Metra, there’s not a lot of there there after you knock out “on Ashland” and “on Clybourn” other than the Hartland/Norweta newer builds on and west of Paulina–and those are certainly nice enough homes and better than many other newer city developments, but there is a suburban feel to it.

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  23. “I wonder if someone here could walk to the Clybourn Metra stop.”

    I wouldn’t, at least not as a regular thing. It’s a mile and a half and involves crossing the decaying Ashland bridge and thru the Elston/Clybourn/Armitage intersection. Maybe after the Sterling Bay reconstruction of the Clybourn Metra and whatever gets done with the intersection, but not now, except in unusual circumstances.

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  24. If anyone is heading out to view this unit (or if you’re about to make an offer and hope to be moving into it in the near future), I can recommend a good Indian place out that way:

    https://theoven-lincoln.com/

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  25. Thanks, anon. Do you think having a metra stop at Belmont might make sense?

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  26. “Do you think having a metra stop at Belmont might make sense?”

    There was semi-serious discussion of one at Addison, before the condos (featured here a while back) were built on the car wash, and the triangle on Lincoln built into a park. Real missed opportunity, imo.

    I think that Belmont is space constrained enough that it would require taking out buildings on the south or closing the street on both sides on the north.

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  27. @anon – I’ve heard the story about the Addison station too, would have be a transfer station to the adjacent Brown Line but supposedly the developer who built those condos was connected and got a hold of the land before CTA/RTA/Metra could do the deal.

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  28. “I don’t know when this building was built”

    I’m going to give you a rabbit hole… Luetgert Sausage Factory. Part is the original factory, part is modern addition. Owner killed his wife, allegedly (later proven false) put her in the sausage. Ghost stories, the whole lot.

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  29. A Metra stop at Addison would have been great for, among other things, Cubs fans coming from the north suburbs who could then catch a bus to Wrigley. But apparently the folks who wanted a stop at Peterson won out; that’s where a new station is being constructed.

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