Do Renovations Pay Off? A 2-Bedroom at 1155 W. Armitage in Lincoln Park
This corner 2-bedroom at 1155 W. Armitage in Lincoln Park came on the market in June 2018.
The building was constructed in 1995, has an elevator and a heated attached garage. It has 42 units.
According to the notes to the unit on Zillow, the building is doing some decorating on the hallways and lobby as well as negotiating a reduction in the cable bill with Comcast.
This unit has been completely renovated. The listing says “no expense spared” in the renovation.
The kitchen has been gutted from an enclosed galley kitchen to one that is open to the living/dining room and now has a breakfast bar.
It has white cabinets, stone counter tops and stainless steel appliances.
The unit has new hardwood floors throughout, new windows, a new fireplace, new mechanicals and a new washer/dryer.
The master suite bathroom has a double vanity and walk-in shower.
The unit has central air, a balcony and heated garage parking is included.
Originally listed at $625,000, it has been reduced to $599,900.
Do renovations pay off?
Brooke Vanderbok at @Properties has the listing. See the pictures here.
Unit #203: 2 bedrooms, 2 baths, no square footage listed
- Sold in January 1994 for $187,500
- Sold in April 2002 for $377,000
- Sold in October 2004 for $437,500
- Sold in August 2014 for $466,000
- Originally listed in June 2018 for $625,000
- Reduced
- Currently listed at $599,900 (includes garage parking)
- Assessments of $472 a month (includes cable, exterior maintenance, lawn care, scavenger, snow removal)
- Taxes of $7342
- Central Air
- Washer/dryer in the unit
- Bedroom #1: 14×12
- Bedroom #2: 12×10
- Foyer: 8×5
another grey’d out unit… fuck do I seriously need to paint my place grey to sell it? so stupid… Those pillars on the kitchen Island would really bother me and the living room looks really small, and why is that fireplace so high up! And then you put the TV over that? wut da heck
Expenses were definitely spared, otherwise custom dimension cabs would have been made and gone to the ceiling and not leaving a useless dust / knick nack space above and there would have been panel front appliances.
I personally would not want to be on a low floor at this corner and agree with sonies assessment of the TV/Fireplace. That is eventually going to hurt your neck. Otherwise it is ok…just overpriced and not particularly close to good transit.
Thought fireplace was fish tank on first look thru. Also, that kitchen backsplash…hard pass. That is my favorite color of hardwood floor though.
Not bad for the era. Open and airy, with a cheerful feeling in the main room. Great location. The bedrooms are really small, however.
Who wouldn’t want to live in the same building as Mancow!?!?
I beg you photographer, move items out of the picture. Just take the balcony planters off. Empty planters shouldn’t be the main focus of the balcony shot. Move the excercise bike out of the way. After you take the photo, you can put it back. Ditto all the pillows on the bed, just move them out of the photo. Roll up the cow rug and put it away. You are not having an estate sale, you are trying to sell a unit.