A Full Floor 3-Bedroom Penthouse for $965,000 in Lincoln Park: 2521 N. Ashland
This 3-bedroom full floor penthouse at 2521 N. Ashland in Lincoln Park came on the market in January 2023.
Built in 2012, 2521 N. Ashland is a brick building with 6 units and garage parking.
This unit has south facing floor-to-ceiling windows with 13-foot ceilings.
It has dark hardwood floors throughout, custom millwork in the living/dining room, tray ceilings, wainscoting and a fireplace in the living room.
The unit has a “gourmet” chef’s kitchen with full height white cabinets, marble counter tops and backsplash, a breakfast bar, high-end Dacor stainless steel appliances with double oven and new Bosch dishwasher and wine cooler.
The primary suite has a walk-in-closet and “spa-like” bath with steam shower with body sprays, soaking tub, double vanity and heated floors.
One of the other two bedrooms has its own private balcony.
The unit also has a newly finished, private 850 square foot deck where you can grill.
It also has a Nest thermostat, wet bar, and surround sound throughout the home and deck.
This unit has the features buyers look for including central air, washer/dryer in the unit and 2 heated garage parking spaces are included.
Listed at $965,000, that’s $55,000 higher than the 2021 sale.
Will this seller get the premium for this penthouse?
Oana Sirbu at Compass has the listing. See the pictures here (sorry, no floor plan).
Unit #3: 3 bedrooms, 2 baths, no square footage listed, penthouse
- Sold in January 2012 for $590,000
- Sold in July 2014 for $780,000
- Sold in May 2021 for $910,000
- Currently listed at $965,000
- Assessments of $209 a month (includes exterior maintenance, lawn care, scavenger, snow removal)
- Taxes of $10,993
- Central Air
- Washer/dryer in the unit
- 2-heated garage parking spaces included
- Fireplace
- Bedroom #1: 18×16
- Bedroom #2: 16×12
- Bedroom #3: 14×11
- Living/dining room: 24×16
- Kitchen: 16×11
- Walk-in-closet: 9×6
- Walk-in-closet: 8×5
- Balcony: 14×6
- Deck: 40×21
“Listed at $965,000, that’s $55,000 higher than the 2021 sale. Will this seller get the premium for this penthouse?”
Looks like they’re just trying to cover the broker fee/not lose money.
Love the windows in the hallway and the access to the deck.
I wouldn’t pay a million bucks to live on Ashland buy the unit is nice. Doubt they get the premium.
“Looks like they’re just trying to cover the broker fee/not lose money.”
Exactly, these costs must not count for reasons
HMAM Today = $6150
HMAM May 21 = $4675
Brutal
Hideous building. Trying to create some architectural interest was a noble idea, too bad they failed completely
Modern Farmhouse kitchens can die at anytime
Deck is nice
Layout is horrible, Master Suite should be downsized for more common space
Sabrina’s pic of the building is sooo much better than the listing pic.
“Sold in May 2021 for $910,000”
That’s actually not for this unit–that deed is for this place:
https://www.redfin.com/IL/Chicago/2508-N-Greenview-Ave-60614/unit-3/home/177089935
Someone royally screwed up the tax parcel numbers.
Last actual sale of this unit is July 2014 for $780,000 (+CPI = $971k)
“That’s actually not for this unit–that deed is for this place:”
Thanks anon(tfo). I was actually confused by that sale and it didn’t seem right to me but it was late so I didn’t investigate it like you did to find out what was going on.
Mystery solved.
There ARE mistakes in the CCRD data, for sure. Sometimes the wrong PIN number gets uploaded.
“I wouldn’t pay a million bucks to live on Ashland buy the unit is nice. Doubt they get the premium.”
I like Ashland here. It’s actually quite nice with the park just steps away (if I had to live on Ashland, as you said.) You can also walk down Wrightwood to go anywhere and that’s really pleasant as well.
I lost interest once I saw the address. Sorry.
Some nicer upgrades within the unit and sorry just calling UNIT 3 because it’s a sin to call a Unit 3 unit a penthouse
I was going to crib about this renovated vintage unit on the lake front but it went under contract. Originally listed in October of last year.
Gorgeous.
https://www.redfin.com/IL/Chicago/3800-Lake-Shore-Dr-60613/unit-12C/home/13379575
“call a Unit 3 unit”
Well, it is 3N+S, or 3A+B, or 301+302.
Which then made me wonder about:
“2521 N. Ashland is a brick building with 6 units”
What’s the 6th? looks like it should be: 2 duplex down, 2 sandwich simplexes and this. Checking the dec, it always was a 5 unit in a “6-flat” body.
Both the duplex downs last sold in 2018. Here is one of them:
https://www.redfin.com/IL/Chicago/2521-N-Ashland-Ave-60614/unit-1S/home/52637219
I was going to crib about this renovated vintage unit on the lake front but it went under contract. Originally listed in October of last year.
Gorgeous.
https://www.redfin.com/IL/Chicago/3800-Lake-Shore-Dr-60613/unit-12C/home/13379575
Cool place and nice to see not everyone in Chicago has no taste
The LR/DR Wall covering is awesome and the kitchen is really well done
Would love to see a floor plan
The skull wall covering is a bit aggressive
Something has changed in the Chicago housing market. Buyers have shown up in 2023.
I was going to crib on this 2/2 loft. It has been on the market since July 2022. Listed at $405,000. Reduced in August to $399,000.
Came back on the market this month as a “new” listing but also listed at $399,000. Under contract in a week.
https://www.zillow.com/homedetails/920-W-Sheridan-Rd-APT-202-Chicago-IL-60613/2145247898_zpid/
Did they paint the kitchen floors red or is that tile of some kind?
Very unique. I even love the blue kitchen. Nice to see it found a buyer even with all the color.
“What’s the 6th? looks like it should be: 2 duplex down, 2 sandwich simplexes and this. Checking the dec, it always was a 5 unit in a “6-flat” body.”
I was wondering the same thing anon(tfo) but since the listing said it was a 6 unit building, that’s what I put. But I was wondering where they stuck the 6th unit.
“said it was a 6 unit building”
5 units in a “6-flat”, makes some amount of sense, I guess.
I was going to crib about this renovated vintage unit on the lake front but it went under contract
Perhaps I am crazy but I think that the skull wallpaper is amazing! Some of the other wallpaper and finishes are a bit odd.
Reduced to $949,900 on Feb 15, contingent Mar 2.