After More Than 2 Years On The Market, This Wildwood 4-Bedroom SFH Finally Sells: 6924 N. Tonty
We last chattered about this 4-bedroom single family home at 6924 N. Tonty in the Wildwood neighborhood of Forest Glen in May 2012.
See our prior chatter here.
We had a lively discussion on whether this part of the city is really “the city”.
As far as the house goes, several of you had been in it over the two years it was listed and said it had a strong cigarette smell.
But after being reduced about $200,000 to $498,000, some of you thought it wasn’t too far off the correct price.
The house finally sold in July 2012 for $448,000.
If you recall, the house was built in 1940 and is on an oversized lot of 45×151.
For those of you not familiar with Wildwood, it is in the Northwest corner of the city and has winding streets without curbs. A metra stop is nearby for the commute downtown.
The house had hardwood floors on the main floor along with arched doorways and a woodburning fireplace in the living room.
All four bedrooms were on the second floor.
There was also a lower level recreation room and a main floor family room.
The house had central air and a 1-car garage.
The kitchen had white appliances and what looks like original cabinets.
Is the final sales price of this property surprising given that homebuyers mainly want “new” and move-in ready?
Kathleen Nettleton at Re/Max 1st had the listing. You can still see the interior pictures here.
6924 N. Tonty: 4 bedrooms, 2.5 baths, 2262 square feet, 1 car garage
- Sold before 1986
- Originally listed in May 2010 for $689,900
- Reduced numerous times
- Was listed in May 2012 at $498,000
- Sold in July 2012 for $448,000
- Taxes of $5546
- Central Air
- Bedroom #1: 18×15 (second floor)
- Bedroom #2: 15×15 (second floor)
- Bedroom #3: 13×12 (second floor)
- Bedroom #4: 11×10 (second floor)
- Recreation room: 22×14 (lower level)
$75,000 or $100,000 would go a long way towards a reasonable rehab making this a $525k or $550k house. $250 psf is definitely high but not an unreasonable price for 2,262 of above ground finished space on a fairly large lot with some depth. The bathrooms look useable and the mechanical, based upon teh pics, The finished basement – in move-in condition – adds another 800 – 1000 sq ft of finish and is a bonus for the $250sq ft. Wildwood isn’t Skokie or Niles so $250 spf is still not unreasonable given this crazy market. Somebody got a nice home and after it’s rehabbed it’l look great.
60’s/70’s kitchen is the worst part of the house, but not horrible either. I think the price is a touch high (depends on final sale) but someone may have fallen in love with it.
Just a friendly FYI. There is a Rich Dad Poor Dad seminar coming to Chicago in September. I am pretty sure it’s free.
You can clear the place of cigarette odors by an airing, a thorough cleaning, and fresh paint. No big deal.
But you’re stuck with the low ceilings.
Cigarette odor doesnt just come out with an airing and paint , unfortunately
but the place is a solid “B” and a price closer to 400k-425 I think is fair
good luck to who bought
enjoy !!!
“Cigarette odor doesnt just come out with an airing and paint , unfortunately ”
She meant for normal people not for a spaz like you.
Was recently at a backyard BBQ nearby: all of us from the city were amazed at the depth/size of the person’s backyard (although I admit not normal size lot).
I saw the house in person. Someone got a fantastic deal. This house needs about 50-100K of work and after it is renovated, it could be worth the high 500s-low 600s. This is a great area. The house is on a huge lot and it has some curb appeal.
“Someone got a fantastic deal.”
Is it a “deal” or is this simply the market for a house in this neighborhood that hasn’t been updated?
Doesn’t it just mean that the days of the $600,000 unrenovated home in this neighborhood are gone?
I’m looking to get out of the corporate world and become something else and grow my own food and have chickens and this place looks great. I have a condo so who knows how long it would take to sell. The kitchen can be redone. Otherwise seems like a good deal. The new buyer is probably going to rehab a little.
“I’m looking to get out of the corporate world and become something else and grow my own food and have chickens and this place looks great”
Pure gold.