A 3-Bedroom Penthouse With a 3 Decks in East Lincoln Park: 1940 N. Hudson

This 3-bedroom penthouse at 1940 N. Hudson in East Lincoln Park came on the market in March 2021.

Built in 1996, it has 3 units and garage parking.

The listing says it’s “extra wide.”

This unit is a duplex up with a 2-story living room with 20 foot vaulted ceilings.

The main floor features the living/dining room and kitchen along with 2 of the 3 bedrooms.

The listing describes the kitchen as a “chef’s kitchen” with white cabinets, quartz counter tops, a breakfast bar with seating for four, a beverage cooler and Viking, Miele, and Subzero appliances.

2 of the bedrooms are en suite.

The primary bedroom is on the second floor and has a walk-in-closet with built-ins as well as a “spa-like” bathroom with heated floors, a chandelier, a claw foot tub and dual marble vanity.

The second floor also has a family room that is open to the living room space.

The unit has 3 private outdoor spaces including decks off of 2 of the bedrooms.

It also has a rooftop/top floor deck which the listing says was “recently refinished with Azek composite deck flooring.”

The unit has central air, washer/dryer in the unit and 1-car garage parking.

It’s in the prestigious East Lincoln Park neighborhood, near the park and Zoo as well as shops and restaurants.

At 2930 square feet, is this a possible single family home replacement for someone who wants this location?

Julie Busby and Susan Panozzo at Compass have the listing. See the pictures here (sorry, no floor plan).

Unit #3: 3 bedrooms, 3 baths, 2930 square feet, duplex up, penthouse

  • I couldn’t find an original sales price going back to the 1990s
  • Sold in December 2009 for $850,000 (per Redfin)
  • Sold in June 2016 for $1,020,000
  • Sold in June 2017 for $1,252,500
  • Originally listed in March 2021 for $1.399 million
  • Still listed at $1.399 million
  • Taxes of $18,746
  • Assessments of $348 a month (includes exterior maintenance, lawn care, scavenger, snow removal)
  • Central Air
  • Washer/dryer in the unit
  • 1 car garage parking included
  • Fireplace
  • Bedroom #1: 19×15 (second floor)
  • Bedroom #2: 15×15 (main floor)
  • Bedroom #3: 12×11 (main floor)
  • Living room: 19×16 (main floor)
  • Dining room: 13×12 (main floor)
  • Kitchen: 12×11 (main floor)
  • Family room: 13×12 (second floor)
  • Laundry room: 6×9 (second floor)
  • Deck: 14×11 (main level)
  • Deck: 19×11 (second floor)
  • Deck: 19×11 (third floor)

 

13 Responses to “A 3-Bedroom Penthouse With a 3 Decks in East Lincoln Park: 1940 N. Hudson”

  1. Chef kitchen =/ micro hood. Looks like the current owners pulled and existing hood and put a microwave over the range

    Not a penthouse and I seriously doubt 3ksf

    Whomever stained the floor did a terrible job.

    Might be breaking even w/ improvements over 4 years – Feel the Sizzle ™

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  2. Personally I am divided when it comes to Vaulted ceilings. Visually nice, but I just would have the constant feeling of what else can the space be used for, a feeling of wasted space. Also when i get the monthly utility bill I would wonder how much the void is costing me.

    and why have a *feels like a SFh when you can buy a SFH for the same price like this one?

    https://www.redfin.com/IL/Chicago/552-W-Arlington-Pl-60614/home/13366516

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  3. The owners needed to accept that this was a unit built in the late 90s and adopt a more transitional style. That mod fireplace looks horrible with the 90s architecture. All of the mod wallpaper looks super out of place too.

    Should have hired a designer instead of allowing the wife to play HGTV.

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  4. Might be breaking even w/ improvements over 4 years

    Other than taking out the hood (WHY??) and covering the fireplace; the improvements consist of putting wallpaper in 2 of the baths, right?

    I liked the fireplace better before, but at least it’s sort of interesting and unique now.

    3 decks seems like a lot of outdoor space, but are you really going to use all 3?

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  5. “ Other than taking out the hood (WHY??) and covering the fireplace; the improvements consist of putting wallpaper in 2 of the baths, right?”

    New insert and re-doing the roof deck

    “ and why have a *feels like a SFh when you can buy a SFH for the same price like this one?”

    While the one you link to is a bit odd (with some nice finishes), I completely agree. Is there that much of a driver for living in LP today Vs late 80’s early 90’s?

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  6. The one Groove linked to has been on the market FOREVER. They really need to get less greedy if they want to sell given how much work it needs.
    The unit in question can literally be had for half the price with comparable finishes on the other side of North (why spend this is if the kids are going to private school anyways?), and occasionally un-renovated for way less than half this price (this floor plan is super common on both Cleveland and Mohawk between North and Division)…somehow everything is suddenly under contract though!
    https://www.redfin.com/IL/Chicago/1327-N-Mohawk-St-60610/unit-3/home/12770416
    As to why this over an actual SFH? My guess is travel. These folks “work hard play hard” and it is just less responsibility to own a condo and in theory safer to leave it unattended for weeks at a time while you go on your monthly / quarterly vacation.

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  7. “I couldn’t find an original sales price going back to the 1990s”

    Developer’s unit. ’09 sale is the first sale.

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  8. Imagine dropping 1.4 million on condo and then having to schlep your groceries up 3 flights of stairs. You can get a very nice SFH for 1.4 not too far from here.

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  9. “Imagine dropping 1.4 million on condo and then having to schlep your groceries up 3 flights of stairs. You can get a very nice SFH for 1.4 not too far from here.”

    Yes, SFH two blocks east…
    https://www.redfin.com/IL/Chicago/1949-N-Lincoln-Ave-60614/home/13346794
    (Contingent admittedly now.)

    Or this “townhouse” also two blocks east for $560k less that the subject condo:
    https://www.redfin.com/IL/Chicago/1933-N-Lincoln-Ave-60614/unit-3/home/104212986

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  10. Location is great, but I can’t imagine paying $1.4 million for any of the thousands of units like this one in cookie-cutter buildings constructed in the 1995-2005 era.

    I also think two-story living rooms are over-rated. It cuts out a lot of possible floor space, and never looks particularly “dramatic.” High ceilings make me nervous, anyway. I like feeling snug.

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  11. not feeling like walking on over

    is this split face block since it was built in the 90s?

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  12. “is this split face block ”

    streetview in redfin take you to the alley, and you get a nice view of the CMUs on the back of the building.

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  13. Vaulted ceilings remind me of trailers. I think the angles look hideous. Yet people get so excited about high ceilings. Give me 9 or 10 foot and I’ll be happy.

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