“Architect Designer Rehab” Still Available 5 Months Later: 2343 N. Greenview in Lincoln Park
This 2-bedroom duplex at 2343 N. Greenview in Lincoln Park came on the market in July 2015.
The listing says it is an “architect designer rehab”.
We last chattered about it in October and wondered why it wasn’t selling this fall as it was a remodeled property and those are in demand. See our chatter here.
If you recall, the unit has 20 foot ceilings in the living/dining/kitchen with dark espresso wood floors and south city views.
The listing says the kitchen has been “newly remodeled.” It has white cabinets, stainless steel appliances and granite counter tops.
There is just one bath but it is “newly remodeled” with 2 sinks.
Both bedrooms and a den are on the second floor.
This unit has central air and gated, secured parking is included. But it doesn’t appear to have in-unit laundry.
The property hasn’t been reduced since we last chattered about it in October. It has been listed at $335,000 the last 2 months.
With inventory at its lowest in years and demand still strong, especially near the DePaul neighborhood, why isn’t this finally selling?
Frank Mitrick at Real Tek Realty still has the listing. See the pictures here.
Unit #212: 2 bedroom, 1 bath, 1400 square feet, duplex up
- Sold in April 1993 for $170,000
- Sold in June 1996 for $177,500
- Originally listed in July 2015 for $359,000
- Reduced
- Was listed in October 2015 at $335,000
- Currently still listed at $335,000
- Assessments of $255 a month (includes water, security system, exterior maintenance, scavenger, and snow removal)
- Taxes of $4396
- Central Air
- No washer/dryer in the unit
- Gated parking included
- Bedroom #1: 18×18 (second floor)
- Bedroom #2: 10×10 (second floor)
- Den: 10×8 (second floor)
Well, it’s charmless (to me, at least) and rather expensive to heat, what with 20′ ceilings in the living room. Also, the lack of in unit laundry is a deal killer to many people. Can you have your own hook-ups installed? Is there room for them?
Still, it’s a nice,roomy,comfortable unit in a fine location, with reasonable taxes and HOA fees, and there are many buyers who love the style of the place. So I really don’t know why it languished for 5 months in summer and fall with no sale, unless housing really is beginning to slow down.
Is that master bedroom not-very-private or am I looking at these photos wrong? Looks like you get a door to close behind yourself in the tiny second bedroom but the master is open to the stair which is open to the rest of the unit?
I think this unit is nice enough though and I am baffled at why it isn’t selling for $335K – – has to be an issue with the sellers? With the association?
The cons are definitely big cons – – no in – unit laundry means living like a renter even though you own. That’s OK in places like NYC but that is out of market here (At least there is a central facility in the building but it is coin-op and not included in assessments). Also that 14 minute walk to the brown/red line = nearly an extra half hour daily to your commute if you work in the loop.
Still….I would have thought this was a good price. Not the best location in LP but a decent one and a decent price. Hmmmm.
Only 1 bath, an open master bedroom, no laundry and that weird second floor perhaps are the reasons this is sitting. I wonder if the bathroom is upstairs and guests have to go up and most likely see your bedroom or if it is downstairs and you have to go downstairs to shower every day.
Liz – until rather recently (turn of the millennium or so), plenty of upscale owners “lived like renters” with a common Laundromat in the building rather than individual in-unit machines. Of course in many if not most cases the hired help actually did the laundry chores! Retrofitting a vintage building for individual washers and dryers can be challenging on many levels, hence condo rehabs without in-unit laundries. Personally it’s no big deal for me to go to a common area to wash clothes; I’d rather have an extra closet for clothes rather than a stackable washer/dryer setup.
Closed for $327,500