A 3-Bedroom Mid-Century East Lakeview Townhouse Returns: 414 W. Wellington
This 3-bedroom townhouse at 414 W. Wellington came on the market in May 2021.
Built in 1939, this townhouse complex has 10 units around a courtyard.
The listing calls it “mid-century.”
This townhouse has hardwood floors throughout, a wood burning fireplace and built-in bookshelves.
The listing says the kitchen has been recently renovated with custom white cabinets, quartz counter tops, mosaic backsplash, stainless steel Jenn Air appliances and a gas range with hood.
There’s a first floor updated powder room.
Two of the three bedrooms are on the second floor along with two en suite baths.
One of those bathrooms includes the side-by-side laundry.
The third bedroom is in the lower level, along with a family room, an office and the third full bathroom.
There’s also a unique sauna in the lower level along with storage.
The townhouse has central air and an exterior outdoor parking space (see pictures).
This townhouse sold just a few months ago, in February 2021 for $670,000.
It has come back on the market just $9,000 more at $679,000.
Will this sell quickly in this hot market?
Leslie Glazier at @Properties has the listing. See the pictures here. (The floor plan is available in the Feb 2021 listing).
You can also see it at the Open House on Saturday, May 29, from 11 am to 1 pm.
414 W. Wellington: 3 bedrooms, 3.5 baths, 2700 square feet, townhouse
- Sold in September 1981 for $125,000 (per Redfin)
- Sold in June 1983 for $135,000 (per Redfin)
- Sold in August 1993 for $250,000
- Sold in June 2009 for $508,500
- Sold in February 2021 for $670,000
- Currently listed for $679,000
- Assessments of $290 a month (includes exterior maintenance, lawn care, snow removal)
- Taxes of $11,785
- Central Air
- Wood burning fireplace
- Sauna
- Bedroom #1: 16×12 (second floor)
- Bedroom #2: 18×11 (second floor)
- Bedroom #3: 15×10 (lower level)
- Living room: 19×15 (main floor)
- Dining room: 11×10 (main floor)
- Kitchen: 12×9 (main floor)
- Office: 9×8 (lower level)
- Family room: 14×13 (lowe level)
- Laundry room: 11×9 (second floor)
Something funky going on. This one and the neighbor:
https://www.redfin.com/IL/Chicago/412-W-Wellington-Ave-60657/home/13373424
Were bought, with no mortgage, by the same Land Trust. The beneficial interest in the Land Trust was recently transferred.
Hmmmm.
“Sold in February 2021”
The definition of buyer’s regret.
“The definition of buyer’s regret.”
Current Seller is not the February buyer!
Interesting indeed Anon (tfo). Do you think they thought they could combine the units or rent the other / air bnb the other and found out they could not? Why sell for less than break-even when the transaction costs will kill ya.
Money laundering?
Unit is nice enough. I love the location. Laundry is in a weird spot but I guess better than schlepping it to the basement all the time…I have to believe that some a$$hat is always parking in your spot “just for a minute.”
We checked one of these back in 2001 or 2002 and I think the asking price was around $500,000. It’s a very nice complex. Well built and taken care of. Feels substantial.
This one has the advantage of parking being included, which is huge for this neighborhood, so that’s a big plus. However, I’m surprised to see just 2 BR upstairs. The one we looked at had 3 BR upstairs, if I remember correctly.
Having bedroom 3 in the basement is going to make this a harder sell for any family with small kids. They can share the upstairs one and eventually one can move to the basement when they’re older, I suppose. I have a friend who grew up in a home like this and got the basement to himself when he was 9.
This is a very nice place for the money. I always thought that this particular complex was the most attractive of that type, in that neighborhood.
I can assure you that no unauthorized person will park in your space for “just a minute”. I lived on that neighborhood for a decade, and during my time, private parking spaces were absolutely respected. You don’t DARE park in anyone’s private space, and its rightful occupant will usually promptly have your vehicle towed if you do, as the occasional fool who did from time to time, discovered.
You are absolutely right, Laura. I grew up near there.
One cold winter night, some unauthorized car ended up parked in my dad’s space.
He went out and poured grape juice all over the windshield so the owner would come back to frozen purple ice blocking any view forward out of the car. We all hoped he’d have to get it towed but we never found out.
Dan, I know how infuriating it is to have your private space appropriated. Came rolling into my building’s garage on one snowy night in St Louis a few decades ago, to find something with a half-dozen hood ornaments, parked in my space, at 1 AM. Had to park on the wash rack for the night, as it was too late to have the custodian call a tow truck, something only the landlord’s people could do.