A 4-Bedroom Condo With a Wrap Around Garden: 432 W. Grant in East Lincoln Park
This 4-bedroom condo at 432 W. Grant in East Lincoln Park came on the market in September 2019.
Built in 2006, this building has 7 units and garage parking.
It doesn’t have amenities except for a rooftop deck and shared sports court.
This is a single floor condo with 4300 square feet and floor to ceiling windows.
The listing says the floor plan has been “masterfully reconfigured.”
The kitchen has wood cabinets, luxury stainless steel appliances and an island that seats 6.
It has 4 en suite bedrooms and the primary suite has a walk-in-closet.
The unit has a media room and a den.
It has private outdoor space with a wrap around garden with a seating and dining area.
The property has central air, washer/dryer in the unit and 3 car parking is included.
Originally listed in September 2019 at $4.3 million, it has been reduced to $3.499 million.
Is this a single family home alternative in this neighborhood?
Caryl Dillon at Compass has the listing. See the pictures and floor plan here.
Unit #1E: 4 bedrooms, 4.5 baths, 4300 square feet
- Sold in October 2009 for $2.275 million (per Zillow)
- Sold in June 2015 for $3.199 million (per Zillow)
- Originally listed in September 2019 for $4.3 million
- Reduced
- Currently listed at $3.499 million
- Assessments of $1708 a month (includes exterior maintenance, lawn care, scavenger, and snow removal)
- Taxes of $18,000
- Central Air
- Washer/Dryer in the unit
- 2 fireplaces
- 3 indoor parking spaces included
- Bedroom #1: 22×15
- Bedroom #2: 13×13
- Bedroom #3: 16×14
- Bedroom #4: 12×11
- Living room: 25×16
- Dining room: 25×17
- Kitchen: 26×19
- Media room: 16×11
- Office: 21×12
- Walk-in-closet: 11×9
- Laundry room: 10×7
- Terrace: 29×16
- Terrace: 95×12
I see nothing here that says “$1 million,” let alone $3 million. Very dark unit. Lots of rooms, some without windows. Ground floor. Fancy looking kitchen and nice side garden, but I wouldn’t want to live here.
“This 4-bedroom condo”
Incorrect. It’s a co-op.
If you don’t like the garden unit feel of this one, there’s another available:
https://www.redfin.com/IL/Chicago/432-W-Grant-Pl-60614/unit-2W/home/146965735
2E was featured in Crain’s in 2017.
Quite the “luxury week”. Assisted living facility yesterday, garden apartment today. It almost feels like I am not missing out on much as a non-multimillionaire.
Is there a reason property taxes are so low on these co-ops?
Hope this one shows up:
https://www.redfin.com/IL/Chicago/520-N-Armour-St-60642/home/14103374
“Is there a reason property taxes are so low on these co-ops?”
I think the co-op board handles most of the RE taxes but perhaps not all? I remember reading something about this years ago but don’t recall the details.
“I think the co-op board handles most of the RE taxes but perhaps not all?”
They *have to*. There is only a bill for the whole thing, that gets allocated among the owners of the entity that owns the building. There is *zero* ability to appeals one’s own property taxes in a co-op in Illinois.