A Vintage Lakeview 3-Bedroom with 2-Car Parking for $550,000: 725 W. Sheridan
This vintage 3-bedroom at 725 W. Sheridan in Lakeview came on the market in April 2022.
Built in 1927, 725 W. Sheridan is a courtyard elevator building with 52 units and outdoor parking behind the building.
The building has a laundry room but many units has washer/dryers.
This unit has a wall of windows which face the courtyard and white oak floors with walnut stain.
The kitchen is open to the living/dining room and has dark wood Omega soft close cabinets, and what looks like blue granite counter tops (per the prior listing) and a white kitchen island with white quartz countertops, a breakfast bar, stainless steel appliances, a pantry and a kitchen bar with wine fridge.
There appears to be a built in banquette in the dining room.
The primary suite has a walk-in-closet and a marble en suite bath with a large shower.
The unit has the features buyers look for including a laundry room in the unit with a utility sink and cabinets, “new” space pak cooling and 2 outdoor parking spaces are included.
There’s no outdoor space with this unit but it’s just a block to the lake front.
Listed at $550,000, is this a deal for a 3-bedroom unit in this popular neighborhood?
Austin Weiss at Keller Williams Infinity has the listing. See the pictures and floor plan here.
Unit #607: 3 bedrooms, 2 baths, 1650 square feet
- Sold in November 1998 for $165,000
- Sold in January 2005 for $380,000
- Sold in June 2006 for $345,000
- Sold in May 2017 for $436,000
- Listed in April 2022 for $550,000
- Currently still listed at $550,000
- Assessments of $618 a month (includes heat, gas, exterior maintenance, lawn care, scavenger, snow removal)
- Taxes of $6970
- Space pak cooling
- Washer/dryer in the unit
- 2 car outdoor parking included
- Bedroom #1: 18×18
- Bedroom #2: 17×17
- Bedroom #3: 16×10
- Living/dining room: 26×14
- Kitchen: 18×12
- Foyer: 11×10
- Laundry: 7×6
Outdoor parking sucks. It’s not the cold air. It’s the snow and ice. At least build a carport for the sake of others. We’ve all driven behind the garageless creatures that just let the shelves of snow on the tops of their cars blast everyone behind them.
“We’ve all driven behind the garageless creatures that just let the shelves of snow on the tops of their cars blast everyone behind them.”
you blame that on them being garage less? How about being lazy af.
FUGLY
Sellers are on crack looking for a 26% gain in 5 years
“We’ve all driven behind the garageless creatures that just let the shelves of snow on the tops of their cars blast everyone behind them.”
Occasionally guilty
“Sellers are on crack looking for a 26% gain in 5 years”
Once again, Chatters are clueless about the Chicago housing market. But would I expect anything less? No. These statements about what properties sell for have been mostly wrong since 2007.
There are just 9 three bedroom properties on the market at $550,000 or less in Lakeview with at least 1 parking space. There are only 2 properties with 2 spaces, including the one featured here on CribChatter.
Inventory is very low. Still a sellers market.
And these are legit 3 bedrooms, with windows.
Any chance to Chatter about this place?
https://www.zillow.com/homedetails/2550-N-Lakeview-Ave-UNIT-S3802-Chicago-IL-60614/126242510_zpid/
Interesting floor plan. Looks expansive. But the view right into other windows from most of the apartment is a turn-off for me. To have two spaces included is pretty much unheard of and probably could account for a decent portion of the value here.
I upvoted Johnny’s post because I’ve often been guilty of letting snow from my car blow into the car behind me. We mostly park outdoors in the winter and I rarely do a good job shoveling.
“There are just 9 three bedroom properties on the market at $550,000 or less in Lakeview with at least 1 parking space. There are only 2 properties with 2 spaces, including the one featured here on CribChatter.”
Once again, the owner of CC is clueless about the Chicago housing market. But would I expect anything less? No. Not even sobriety or consistency
This unicorn has been on the market for 2 weekends and hasnt sold
“This unicorn has been on the market for 2 weekends and hasnt sold”
Two weeks? The horror.
If you bothered to read Gary’s monthly updates JohnnyU, which you don’t because they don’t fit your bearish “Chicago is doomed” narrative, you’d see that 50% of all attached properties are selling in under 16 days.
Most of the properties we chatter about are chosen because they haven’t sold quickly. Many are still selling as soon as they come on the market. Inventory is that low.
When you are talking about 9 properties in all of Lakeview which has thousands of condo units, you KNOW it is really, really tight out there.
I’ve never seen anything like it in all of the years I’ve covered Chicago real estate.
Downtown has the most inventory but even downtown has buildings with nothing for sale which is very unusual in the spring market.