A Historic Row House on the Park Gets a Full Renovation: 2704 N. Lakeview in Lincoln Park
This 6 bedroom vintage row house at 2704 N. Lakeview in East Lincoln Park came on the market in March 2018.
Built in 1914, it is one of 4 row homes on Lincoln Park designed by Dangler & Adler.
It’s 3-stories with a 4th floor set back that, according to an older listing, used to be a studio apartment.
This row house was sold in 2016 “as-is” and the listing said it hadn’t been lived in in years.
It has been completely renovated, including with an updated floor plan.
The row house has new Thermopane Low E windows, new copper plumbing and HVAC.
There’s now central air (just window units prior to the renovation) and a 3-car garage.
The property still has many of its vintage features including a living room with a huge skylight and moldings.
The row house has 4 fireplaces.
The kitchen has white and gray cabinets with 2 kitchen islands and luxury appliances.
There’s a breakfast room off the kitchen.
One bedroom is on the second floor, three are on the third floor, including the master bedroom, and two are on the fourth floor, where the old studio apartment used to be.
It has extra features such as a theater room and an exercise room on the main floor.
There’s no basement or lower level.
There’s no yard but there’s a terrace off the kitchen. But who needs a yard when Lincoln Park is across the street?
The bathrooms have all been renovated in the classic white and black motif.
Listed in March 2018 at $7.2 million, the row house has been reduced $815,000 to $6.385 million.
Is this a rare opportunity for vintage lovers in the luxury market or is the luxury market too crowded for this property to stand out?
Katherine Malkin at Compass Real Estate has the listing. See the pictures and floor plan here.
2704 N. Lakeview: 6 bedrooms, 5.5 baths, 10,018 square feet (includes the garage and terrace)
- Sold in November 2016 “as-is” for $1.8 million
- Renovated
- Originally listed in March 2018 for $7.2 million
- Reduced
- Currently listed at $6.385 million
- Taxes are $44,787 (they were $40,976 in 2016)
- Central Air
- 3-car garage
- 4 fireplaces
- Bedroom #1: 21×19 (third floor)
- Bedroom #2: 14×13 (third floor)
- Bedroom #3: 15×9 (third floor)
- Bedroom #4: 14×12 (fourth floor)
- Bedroom #5: 14×9 (fourth floor)
- Bedroom #6: 18×19 (second floor)
- Study: 12×11 (second floor)
- Family room: 28×20 (second floor)
- Terrace: 17×14 (second floor)
- Exercise room: 18×10 (main floor)
- Theater: 21×12 (main floor)
Looks more like a small art museum than a home. Are gold fixtures back? I don’t think so.
I’m sorry but I hate this reno. Check out the old pics. Obviously the kitchen needed an update but this place will look tired in a few years, if it doesn’t already.
https://www.redfin.com/IL/Chicago/2704-N-Lakeview-Ave-60614/home/13369165/mred-09346158.
LOL
This is vintage much like a 73 Vega
1. The market for $6M+ properties in Chicago is very small. This isn’t a typical “luxury market”-type property, which we often define as $1M+, it’s the ultra high end for Chicago.
2. Would it have killed them to not do everything “neutral” with grays, blacks, and whites? Wow, that place looks totally generic now despite some amazing architectural details. I understand that color palette is amenable to a larger pool of buyers, but blah. (Yes, I understand they used navy on the kitchen cabinets. That’s about the only use of color beyond the brass fixtures). With some interior design work, certainly can bring more excitement to the table, but I agree that it has totally lost its vintage feel.
3. Did they really choose to enhance the first five photos or so to make the gold stand out more? Why? Looks unnatural.
4. Not sure I’ve ever seen hand-drawn architectural renderings for rooms when a place is already complete. I understand that is their attempt at “staging” and I do like the artist’s techniques, but including those images is not very helpful to buyers and I’m not sure it helps the sale at all. I think virtual staging would have a better and more realistic outcome.
Nice large updated place with modern conveniences in a great location, so I’m sure there will be somebody interested in it at some point, but at that price, it may sit for quite a while and it has unfortunately been stripped of a lot of its historic charm.
Are gold fixtures back? I don’t think so.
Fixtures are probably brass, which has been trendy for a couple of years.
I actually love this. If I had a spare 7 mil laying around, I would buy it in a heartbeat. I would try to track down those vintage chandeliers from the previous listing, though. I also kind like the old kitchen!
What is the story on this place, though? Why unoccupied “for many years’?
Rodkin article about one of the neighbors:
http://www.chicagomag.com/Radar/Deal-Estate/November-2010/A-David-Adler-Designed-Home-in-Lincoln-Park/
Damn I want a drinking fountain in my house… this place is not vintage, but its still pretty baller… I would have no use for even 1/4 of this space but I’m sure some big ego will scoop this right up as its all new and greyed out.
It seems so dark! I don’t think it goes for anything close to ask. There are a couple of other “luxury” renovations happening very close (2700 N Lakeview).
I love vintage, but obviously most of the luxury (or super luxury) market isn’t for vintage.
I’d love to see photos of the place before the 2016 and am curious how much they put into it. I know it’s a lot of work, but personally I’d far rather (assuming I had $7 m available for my house purchase) spent the $1.8 m that the place sold for in 2016 and then detail it to my own preferences (which would be much more focused on preserving some of the vintage elements, I expect). So I wouldn’t call it a “rare opportunity for vintage lovers” — if you can spend $7 m, there are opportunities for you.
Is it a great old house in a great (although not my ideal) location, very close to the park? Yes. I can’t judge the market for properties going for that much, though, as it’s inherently limited and so driven by personal things.
Living at the Marlborough a while back, I seem to recall there being some sort of shelter housed in the property adjacent to this one (on the corner? or but maybe I’m mixing up corners). The folks who would be gathered outside of it never bothered us, but the finishes on this place don’t exactly scream “ideal for someone who pays over $6 million to live next to a shelter”.
Here are the photos from the 2016 sale….
https://www.redfin.com/IL/Chicago/2704-N-Lakeview-Ave-60614/home/13369165/mred-09346158
I personally liked the old look better and would have kept that and just changed out the bathrooms and kitchen.
@b – Did I see a painting of Svengoolie in the old pics?
“I personally liked the old look better and would have kept that and just changed out the bathrooms and kitchen.”
Do you think anyone spending over $5 million in Chicago today wants that dinky kitchen, even if you put in new cabinets etc.? Of course not.
Look at the size of the kitchen in the new multi-million dollar houses. They are huge, with massive islands. The kitchen has replaced the “den” or family room now.
The old kitchen is the breakfast room in the remodeled house. The old dining room is now the new kitchen. Aka, they got rid of the dining room but you could put it in that big skylight room (as the pictures show.)
“Living at the Marlborough a while back, I seem to recall there being some sort of shelter housed in the property adjacent to this one (on the corner? or but maybe I’m mixing up corners).”
You’re thinking of Thresholds. It’s moved. That building is being converted into 2 luxury row houses (and it’s part of the Adler designed group.) Those are for sale as well.
“this place is not vintage, but its still pretty baller…”
Why isn’t it vintage sonies? Because they remodeled it?
The moldings and some of the fireplaces are original. Probably couldn’t save much else given the state of it. All you have to do is look at the old pictures to see.
I really like the finishes, it’s all very current and on trend, it’s not really going to go out of style anytime quick. I particularly love the navy, white, with gold finishes in the kitchen. I’d take that in a heartbeat. The problem I have is the price, it’s listed at $635 a square foot. That’s really high. I know the cost of that black gridded glass shower 1/2 wall. I don’t know where these peeps are shopping but I found the exact same thing for $699. Full stop. They look to have used a top notch construction firm because it looks impeccable. There’s no need for those ridic renderings, save it for an appt. Having said all that, I think it’s overpriced. But they did a great job on the update. It’ll be a nice palette for the buyer. Clean, fresh, and crisp.
This is finally pending- but now listed at $5.25 million.
Did someone get a really good deal?
Stay tuned.
Closed for 4.750