Carl Street Studio 2 is Back on the Market at $1.095 million: 155 W. Burton Place in Old Town
This 4-bedroom duplex in the Carl Street Studios at 155 W. Burton Place in Old Town came on the market in February 2023 but had been on the market prior to the pandemic without ever selling.
The Carl Street Studios were built in 1880 as an original Victorian home and was converted into 13 condos by Edgar Miller and Sol Kogen in 1927. It’s a unique property that has a gated courtyard but no parking.
Studio 2 is one of the bigger units at 4000 square feet.
It has all of the unique features of a Edgar Miller property including mosaics, stained glass windows, art deco tiles, carved doors, arches, built-in seating, painted ceilings and parquet floors.
The kitchen has wood cabinets, stainless steel appliances including a double oven and an island with seating for 2. There’s also a breakfast room and a separate dining room.
The unit has 3 fireplaces. It looks like at least one is wood burning but others may be decorative.
It has a separate 745 square foot duplex studio that can be used as a guest suite or home office.
This unit has 2 full bathrooms and 2 half baths with 3 bedrooms.
It has a large private rooftop deck.
The unit has the features buyers look for including central air, washer/dryer in the unit but there is no parking with the building. There is parking available to rent in the neighborhood.
This building is near the shops and restaurants of Old Town and the Gold Coast.
Listed at $1.095 million, that’s $705,000 below the 2003 purchase price of $1.8 million.
Is this a deal?
Michael Horwitz and Charlie Cohen at Peak Realty have the listing. See the pictures here. Sorry, no floor plan.
Unit #2: 4 bedrooms, 2 full baths, 2 half baths, 4000 square feet, duplex
- Sold in March 2003 for $1.8 million
- Originally listed in February 2023 for $1.095 million
- Currently listed at $1.095 million
- Assessments of $2955 a month (includes heat, exterior maintenance, lawn care, scavenger)
- Taxes of $38,810
- Central Air/space pac
- Washer/dryer in the unit
- No parking
- 3 fireplaces- wood burning and decorative (?)
- Bedroom #1: 13×23 (second floor)
- Bedroom #2: 13×18 (second floor)
- Bedroom #3: 8×12 (second floor)
- Bedroom #4: 10×12
- Living room: 23×20 (main floor)
- Dining room: 18×16 (main floor)
- Sitting room: 14×11 (second floor)
- Kitchen: 13×13 (main floor)
- Study: 9×11 (second floor)
- Breakfast room: 19×10 (second floor)
- Deck: 23×32 (second floor)
This place is fabulous
Nice to see the owners didnt go full chud and start creating an “Open concept”, painting the woodwork, etc. Much respect to the owners for maintaining this gem. Would love to spend a day crawling around this place
The detail in something as mundane as the stair treads is spectacular.
Sad that some basic, boring 2/2 will sell for more
“The Carl Street Studios were built in 1880 as an original Victorian home and was converted into 13 condos by Edgar Miller and Sol Kogen in 1927.”
Anyone know the story with the “Edgar Miller 1988” glass piece?
Probably a small buyer pool given those assessments/taxes/lack of parking, but wow this place is cool.
This place is amazing. I love how the current owners have managed to keep the original woodwork, tile and stained glass.
However…
It would be borderline criminal to remove all that tile, but I would find all the multicolored tile EXTREMELY hard to live with. I think the very specific aesthetics of this place lead to an even smaller buyer pool (already small, as noted by anonny by virtue of the taxes/assessments/parking situation)
Amazing place that the owner is taking a bloodbath on. Assessments seem monstrous relative to the amenities and I wonder what the reserves are like.
Whoever owned this was serious about security – on the front door there are two deadbolts and two steel bars at the top and bottom.
“Assessments seem monstrous relative to the amenities and I wonder what the reserves are like.”
It’s 13 units that are 100 years old. It’s brick, old stained glass, old windows. What’s your upkeep costs on a 100 year old brick house?
Things have to be done like tuckpointing, roof and staircase repairs.
But a buyer should definitely be aware of the reserves, recent costs etc.
“Whoever owned this was serious about security – on the front door there are two deadbolts and two steel bars at the top and bottom.”
What was the neighborhood like in the 1950s-1980s?
Perfect pad for a wealthy Grateful Dead fan
“Probably a small buyer pool given those assessments/taxes/lack of parking, but wow this place is cool.”
You need a true Edgar Miller fan. And there are plenty of them but it’s still a small buyer pool, as you said, annony.
There is an entire organization devoted to Edgar Miller here in Chicago. They give tours of a bunch of the properties in Old Town and Lincoln Park including the Carl Street Studios. You can’t go inside though. Does anyone know if any of his properties have ever been on Open House Chicago?
https://www.edgarmiller.org/
“Anyone know the story with the “Edgar Miller 1988” glass piece?”
Miller died in ’93 and I think he did some work for the association late in life (iirc he had been living in Florida and returned towards the end of his life).
Thanks for the update FG. That’s incredible that he lived that long. What a legacy he left.
closed for 940K
Glad to see they finally got a buyer for this wonderful property.