Get a 2-Bedroom and Your Lake Views for Under $360,000: 3200 N. Lake Shore Drive
This corner 2-bedroom at Harbor House at 3200 N. Lake Shore Drive in Lakeview has direct views of Belmont Harbor and the lake.
Harbor House was built in 1966 and has 278 units.
It is a full amenity building with an indoor pool, exercise room and doorman.
But people buy in the building for the views and the location.
This unit was recently renovated with a completely new kitchen now opened to the dining area. The kitchen has stainless steel appliances, silestone counter tops, and full backsplash.
There are new brazilian cherry floors throughout the living area and a remodeled bath.
The unit has central air, washer/dryer in the unit and there is parking (although I can’t tell if this included with the unit or just available in the building.)
It also has outdoor space with an east facing balcony off the dining area.
Is this a deal?
Teri Rabai at @Properties has the listing. See the pictures here.
(If you are registered on redfin, you can see the 2008 “before” pictures- prior to the renovation- from the 2008 purchase.)
Unit #611: 2 bedrooms, 2 baths, no square footage listed
- Sold in March 2001 for $250,000
- Sold in October 2008 for $350,000
- Originally listed in August 2010 for $389,900
- Reduced
- Currently listed at $359,900
- Assessments of $826 a month (includes heat, gas, doorman, cable, pool)
- Taxes of $3086
- Central Air
- Washer/Dryer in the unit
- There is parking in the building- but I can’t tell if this is included with the unit or not.
- Bedroom #1: 15×11
- Bedroom #2: 13×12
- Living room: 14×10
- Dining room: 10×11
- Kitchen: 11×14
I could see this selling at around 2001 price, but definitely under 300k. Living in these areas are nice if you work on michigan ave cause then you can take one of the express buses that goes down LSD
2411 (needs total rehab) is in short sale, asking 284,900
so I don’t know…
it looks nice. if it has parking, i dont think $300k is out of the realm…
what is the parking situation? It does look nice but not at the current price
This place is staged very well. I like it more than I thought I would.
a “wise” man once told me (on cribchatter) that a view of the harbor is not a view of the lake.
Very dece. Don’t know if i could get over the 1970’s skeleton this place has though.
It’s priced right. Unit #911 just sold for $370,000 with slightly nicer finishes and 3 floors hihgher.
Just because some of you wouldn’t want to live in East Lakeview and ELP doesn’t mean that a seller, such as this one, should expect to get $70k less than they are asking! Or even $100k less!! There are some people that buy these 2/2s at pretty fair prices.
…Yes I will agree the “70’s skeleton” of this particular building is fugly though. But hey someone will buy this place and it will probably go for $300K+
Nice views interesting remodel hopefully they will find a buyer. Not at 389K though. Just don’t invite me over for dinner. I have lower back pains just looking at that kitchen table sitting on the ground. On the plus side my one year old daughter and 4 year old yellow lab would appreciate the gesture.
Lakeview condo/TH closings for Dec, Q4 & Year:
1988 61 195 780
1989 40 206 881
1990 40 173 851
1991 63 180 913
1992 89 236 1,144
1993 89 286 1,179
1994 56 217 1,126
1995 80 287 1,304
1996 87 268 1,458
1997 105 322 1,525
1998 144 377 1,791
1999 111 321 1,727
2000 116 398 1,863
2001 101 352 1,843
2002 164 437 2,138
2003 139 466 2,305
2004 177 524 2,453
2005 179 564 2,837
2006 123 401 2,529
2007 121 386 2,319
2008 80 245 1,785
2009 68 307 1,210
2010 60 176 1,180
I’ve been in the building because a friend rents there. Everyone with a 2 bedroom has views of the harbor and the lake (one bedrooms are on the back side of the building with west views only). I think they just said “harbor views” because some people like looking at the boats too rather than just the blank blue nothingness of the lake. I know from my friend that lives there that none of the units have parking included but it’s only like $150/month, which is really reasonable for lakeview. the extra window in the kitchen is nice, my friend’s unit doesn’t have that. makes the place look bigger.
p.s. LOL definitely worth checking out the “before” photos. They did a LOT of work. All the previous cabinets were Menard’s off the shelf, looks like, and vinyl kitchen floor with outdoor patio furniture inside? But the red satin bedspread, bow chicka wow wow.
G – interesting data – but can you provide your interpretation?
That Q4 stat is alarming. Major slow down Q4 over Q4. I’m happy my purchase time table is another 12-18 months…
Is it me or does the painting in the bedroom look like the painting from that movie “Seven”?
Nice rehab.
I had put more my personal preferences, but after taking a look at the pictures it is a really nice unit. If the building was FHA approved, I could see someone buying it close to asking, especially if it has parking.
I’m envision someone in their 20s who currently rents in the area doesnt have much money for downpayment(so hence the 3.5% FHA), but plans on renting out the other bedroom to make mortgage payments.
I have always despised the architecture of this building. The unit is nice but IMO a little too nice for the actual building to fetch competing sales. Just my opinion, but LSD has a lot of other options.
“G – interesting data – but can you provide your interpretation?”
Optimism during the bubble about the inevitable increase in housing affordability was warranted. A positive outcome is assured and underway. The negative effects of the bubble distortion will be with us a bit longer, but there is absolutely no reason to remain pessimistic about the return of housing affordability.
“a “wise” man once told me (on cribchatter) that a view of the harbor is not a view of the lake.”
hahaha yeah and there’s “no way you can see the lake from the 10th floor” this is on the 6th floor so I guess they are pretty screwed
This sucks that the person has to sell so soon after buying… I mean what happened? The bed in there appears to be for a 3+ year old… someone not tell someone that they were preggers? or did they think it wouldn’t be too bad raising an infant kid at lakeshore and belmont
“This sucks that the person has to sell so soon after buying… I mean what happened? The bed in there appears to be for a 3+ year old… someone not tell someone that they were preggers? or did they think it wouldn’t be too bad raising an infant kid at lakeshore and belmont”
Divorce.
I like this building and have been in it quite often (I know owners). Depending on the unit you get both East and West views, which is quite nice. I hate the assessments (and probably wouldn’t use the pool) and the garage has a waiting list or something IIRC.
I think this price is divorced from reality, though. 10K above the 2008 sale? Really? Have these folks been asleep for the last 4 years?
“I think this price is divorced from reality, though. 10K above the 2008 sale? Really? Have these folks been asleep for the last 4 years?”
They did the reno. Kitchen is new.
“They did the reno. Kitchen is new.”
So that adds what to the price? 10K? 20K? Where’s the discount for the market difference?
“divorce”
i’ll see this property on the REO list in about 2 years then
“They did the reno. Kitchen is new.”
it’s a nice unit, but to think you are going to get a premium bc you updated your condo with $10k in shit from IKEA, is pretty ridiculous.
$300k w/ parking.
I think this officially counts as a lake view because it is so close to the lake and not half a mile away. Nice place. I had friend who i’m pretty sure lived in this building and had big special assessment for windows couple years ago.
“hahaha yeah and there’s “no way you can see the lake from the 10th floor” this is on the 6th floor so I guess they are pretty screwed
This sucks that the person has to sell so soon after buying… I mean what happened? The bed in there appears to be for a 3+ year old… someone not tell someone that they were preggers? or did they think it wouldn’t be too bad raising an infant kid at lakeshore and belmont”
i can always count on sonies “getting me” 🙂
could be second unplanned (or poorly planned) little timmy on the way. and they learned their lesson from timmy #1 and the step down living room (i still want to say front room for condos)
“divorce”
pretty sad. they could have stayed in that place with one kid easy. just put some barb wire up on the balcony railings to keep him from getting over. that pool is nice and would have come in handy if you started to feel cooped up. and the park is just across the streets.
“I think this price is divorced from reality, though. 10K above the 2008 sale? Really? Have these folks been asleep for the last 4 years?”
Judging from the majority of conventional sale list prices, I would say 1/2 of the people selling have been asleep out there.
I still don’t understand why is it that people judge the value of a place based on what someone paid for it. Isn’t market value about what someone is willing to pay for a place?
I get this all the time with one of my properties I am trying to sell. I bought it as a foreclosure in 2008 for 550k, and put it back on the market at 599 (reduced from 699). People always tell my realtor that the price should be 449 because prices have decreased 20% in the area. Of course, they don’t realize that the previous sale was for 1 million in 2004. Why don’t they use this number?!! WHY? WHY? I tell you – it is psychological and stupid.
should have said “previously paid for it”
The owner has been active on npn – it’s a divorce situation – and they need to sell. However they apparently owe close to what they’d net at this price on the unit and do not have cash to bring to closing. Hope this one doesn’t end poorly.
Joe,
That is terrible. I don’t see this selling at the current ask.
Is it just me, or does the camerawork on the master bath seem to indicate that it is either
a) tiny
b) the renovation is not finished
“Hope this one doesn’t end poorly.”
oh it will, don’t worry
clio: well, if the fact that your purchase was a foreclosure was noted in the sales history, I’d agree with you that it doesn’t really help when coming up with a fair price.
But I guess I’ll answer your question with a question: if I’m looking at a property and I don’t use the price history for that property and comparable properties as a guide, how do I come up with a reasonable price? Assuming, of course, that we can agree that just because a seller is asking a particular price doesn’t make it reasonable.
bath seems to have old flooring and tiles
Tipster: If my friend’s unit is any indication, the master baths in this building are pretty small.
I totally agree with Clio, there can be so many factors that go into whether or not something is a good deal. I recently purchased a 3 unit in chicago with a vacant lot to it for 280k.
http://www.redfin.com/IL/Chicago/4647-N-Winthrop-Ave-60640/home/13394096
The previous seller bought it at 203k. Which at first made me apprehensive about paying 77k over his purchase 9 months ago. But the owner had bought it at an auction, and had to pay cash and then the 6% for realtors. At the end of the day he really didnt make much return on such a large cash investment and I feel like I got a great deal even though i was paying over the recent 1/09 sales price cause i was able to finance it with a 3.97 APR loan 30 yr fixed.
“People always tell my realtor that the price should be 449 because prices have decreased 20% in the area. Of course, they don’t realize that the previous sale was for 1 million in 2004. Why don’t they use this number?!! WHY? WHY? I tell you – it is psychological and stupid.”
Yes, it is. They should say the market has fallen over 40% based on your property. Is that the farm again?
“At the end of the day he really didnt make much return on such a large cash investment”
He held it for 9 months. With deducting $8k for 9 mos. property taxes, his gross return had an annual rate of just under 39%. If you consider that “not really much return”, please share some of your investment strategies.
my friend’s place is on the 7th floor (only one floor up from this one) and you can absolutely see a great view of the lake (and almost all the way down to navy pier, i watched fireworks from her place once). Anyone who says you can’t see the lake from teh 10th floor of a building right next to the lake must be looking in the wrong direction or have their eyes closed 😉 .
Oh, and yeah, the bathrooms are small. the master and the guest bath are almost the same size, the master is just a little longer. I’ve never understood why bathrooms need to be huge–do people hang out in there?
And yeah, also saw on NPN that this is a divorce situation. Too bad but it looks like they did about $50K of renovations and those are NOT ikea cabinets, i myself have ikea cabinets and those are much nicer. the floors are gorgeous too. and i wish i knew where they got that table.
nice building gescob! I hope you did your due diligence and investigated this fellow lurking in the shadows across the street?
http://maps.google.com/maps?hl=en&safe=off&client=firefox-a&q=4647+N+WINTHROP+Ave+chicago&ie=UTF8&hq=&hnear=4647+N+Winthrop+Ave,+Chicago,+Cook,+Illinois+60640&gl=us&ll=41.965904,-87.656007&spn=0.007914,0.015643&t=h&z=16&layer=c&cbll=41.966652,-87.657301&panoid=_9oo5Q3NdDJQVYuuKX-f9w&cbp=12,217.73,,2,4.02
G- I hope that your comments were just meant to poke fun at me and hopefully do not reflect what you really think. If I paid 1 dollar for a property today (because I bought it at auction) – does that mean it’s worth 60cents because prices have gone down 40%. Also, what if someone bought a property for 100k, put in 200k and listed it for 350k. The 200k put into the property is not disclosed – is that property worth only 60k? Don’t be silly – if you have a problem with me, keep it personal. Don’t bring real estate into it.
clio, yawn. Why bother with such ridiculous straw men? What if I just disagree with some of your real estate opinions? I couldn’t care less about the person attached to them.
So, that was the farm you mentioned. You said the 2004 purchase was for $1M. You have been unable to sell it for $599K, therefore, my comment that they should say the market has fallen over 40% based on your property is correct. Of course, they might want to consider other sales, too.
BTW, what happened to your “sale?” It’s still listed as active. Are you selling it pursuant to the land contract? The listing does say: “OWNER WILL CONSIDER CREATIVE FINANCIANING-PROPERTY EXCHANGE-TALK TO US!!! property trade, creative financing, seller financing, property exchange, assumable mortgage, lease option.” Nothing about an existing land contract, though.
The listing history is very amusing.
omg gescob i was just walking down that exact street a few weekends ago and thought, what a shit hole property!
seriously man that place is an eyesore, fix it up!
G- yeah, I got nervous about my contract sale and backed out of it. I don’t think the people had enough money to buy the place (even though their income was 200k and credit scores near 800).
The price changes (yes, I know – several) represented times when I started developing the land and renovating the house/barn – I have subsequently given up on that project because it would take me away from “cribchatter” for too long. However, at 599k, the place is a steal (seeing that it is 15 acres and zoned R1 (40,000 sq foot lots). Potentially, you could get 10 lots on the land (that is taking into account resevoir creation and open land requirements for a PUD). Someone could definitely make a million off of this property in the next 5 years – I just don’t have the time or patience.
gescob3, congratulations on your purchase – I sure you will be smiling widely in a few years when the place is worth upwards of 500k. Don’t listen to the detractors. It is easy to be a whiny second guessing piss-and-moan armchair quarterback – it is someone like you, however, that actually gets off of his ass, goes out there and makes a difference!!
“However, at 599k, the place is a steal.”
It wasn’t a steal when it was listed for $590K, then $566K then $555K when you bought it in 2008. Why is $599K a steal now?
@Clio:
If you think certain parts of Western Ave. are scary, then you really don’t want to be on/ around certain parts of Winthrop or Kenmore
G- it was a foreclosure and I was in a bidding war at that time. At closing, there were 3 parties that showed up to snatch up the property if I didn’t close. Because of some personal connections, I was able to get the property over the others. The property, if subdivided is worth 1.2-1.5 million. If not subdivided, but rehabbed, is worth 900-1 million. That is why it is “a steal” at 599k.
“If you think certain parts of Western Ave. are scary, then you really don’t want to be on/ around certain parts of Winthrop or Kenmore”
Don’t let reality get in the way chichow.
That said, $280k is a decent risk-adjusted price, assuming it passes rental code requirements as is.
anon, i agree with you that the property doesnt look nice from the outside. But it has tenants, and my guess is the next person who buys it will be a developer who tears down the building to make use of the 47 ft wide lot (2 pins) to build a bigger building. As such I don’t see any incentive to put any serious cash into the building.
But im definitely hoping for what Clio is saying selling it for 500k in two years. With my tenants more than paying my 1212 a month mortgage, and only putting about 20k down, its not expensive to hold onto.
anon, as far as I can tell it passes rental code requirements. I mean all the units were rented when i purchased it and continue to be.
chichow, and yeah it can be a rougher area. But its right by two train spots and LSD I think that has a certain sense of permancy that will be there in the future. Also if the neighborhood turns which is my hope with the outgoing alderman, i think clio is right about the value going to 500k.
“it is someone like you, however, that actually gets off of his ass, goes out there and makes a difference!!”
On this we agree, clio. Anyone who grabs a falling knife does make a difference in future taxpayers’ liability, given how the govt wants to spread out the banks’ losses.
“At closing, there were 3 parties that showed up to snatch up the property if I didn’t close. ”
Where were they when it was listed for months at $590K & $566K?
“But im definitely hoping for what Clio is saying selling it for 500k in two years.”
Possible, but 2 years is pretty optimistic. Winthrop/Kenmore has been trying to get better for … what? 40? … years now and still isn’t making too much progress. The departure of Helen *will* help, tho. Like I said, tho, decent risk-adjusted price, so long as there isn’t $50k in looming code compliance issues.
“Where were they when it was listed for months at $590K & $566K?”
They were waiting for the proverbial “knife” to fall – but let this be a lesson – if you wait to long, you will lose (and no, they did NOT win because they didn’t buy it – I still may redevelop the land when I find my motivation).
“I still may redevelop the land when I find my motivation”
Here’s your motivation–make enough $$ developing it that you don’t mind taking the loss on your in-town and buy elsewhere where you’ll be happy!! Happy like the people who get an opportunity to see teh lambo!!!
good idea, anon – I know you don’t believe me about the lamborghini but I am not kidding. That little car brings so many smiles to so many people, it is weird.
“They were waiting for the proverbial “knife” to fall – but let this be a lesson – if you wait to long, you will lose (and no, they did NOT win because they didn’t buy it – I still may redevelop the land when I find my motivation).”
You meant “stop falling,” right?
Listing History:
listed 6/21/2007 $1,295,000 then $1,195,000 then $1,050,000 cancelled 10/25/2007
listed 8/4/2007 $1,195,000 then $1,050,000 cancelled 10/25/2007
listed 10/31/2007 $899,900 then $799,900 then $749,000 cancelled 1/17/2008
listed 10/31/2007 $899,900 then $849,000 cancelled 1/4/2008
listed 1/17/2008 $749,900 then $689,000 cancelled 2/12/2008
listed 2/12/2008 $689,900 cancelled 3/7/2008
listed 3/31/2008 $590,000 then $566,700 then $555,400
“Bidding war” ensues, contract 7/9/2008
closed 8/5/2008 $530,000
listed 9/8/2008 $999,000 then $799,000 then $699,000 cancelled 3/17/2009
listed 3/17/2009 $599,000 cancelled 5/1/2009
listed 5/14/2009 $699,000 then $599,000 cancelled 7/15/2009
listed 8/25/2009 $649,000 cancelled 1/6/2010
listed 2/16/2010 $679,000 then $599,000 remains active
Belmont harbor is not comparable to the lake for dog swimming. As the water is stagnant it accumulates more contaminants, or so I am told by pet owners. Probably not nearly as bad as the river though.
“I know you don’t believe me about the lamborghini but I am not kidding. That little car brings so many smiles to so many people, it is weird.”
I’m actually neutral on the truth of it, but it does bring me joy to joke about it, so maybe some of it is rubbing off thru the intertubez.
“That little car brings so many smiles to so many people, it is weird”
it’s not the gallardo is it?! i assumed you had a murcielago..that car is not little by any means, size, power, pricetag..:D
“it’s not the gallardo is it?! i assumed you had a murcielago..that car is not little by any means, size, power, pricetag..:D”
Countach.
No, Riz, it’s a Rosso Vik Gallardo Spyder. You obviously haven’t been in its presence, because the overwhelming joy you would have felt would have been the highlight of your life!!
I’m not as big of a fan of Gallardo’s. It was an option when my old man was exotic shopping a few years ago. I feel that the murcielago just has so much more….presence. My neighbor back home has a gallardo spyder in orange. yech.
I don’t know Riz, the Murcielago looks like a big cockroach to me. My budge was under 300k so the Murcielago was out of the question.
G-
Thanks for the history on my farm. As you can see, it was listed for 1.295 million in 2007. That WAS the market . Take 50% off of that and you are still looking at 650k. Again, it is a steal at 599k. Any serious investor with cash to park would do VERY well with this place. It is surrounded by new construction (700-1 million when sold – now 600-800k). Think about it – you could put 10 lots on the land (per zoning and village rules).
Fair enough..The turnoff for the gallardo for my old man was the fact that audi manufactures it stateside – correct me if i’m wrong on that..the murci can definitely look insectlike at times, i’l give you that…all i know is i won’t be able to buy either any time soon, haha.
Riz, when you are ready, I will sell you my gallardo. It really is a spectacular car and looks much different in “rosso vik” and as a convertible (as opposed to lime green or orange).
“Thanks for the history on my farm. As you can see, it was listed for 1.295 million in 2007. That WAS the market .”
Apparently it wasn’t the market price for your particular unit as no transaction transferring ownership took place. It was your perception of what the market should’ve been in 2007 and as hindsight is indeed 20/20, it was an erroneous perception.
gallardo looks like a doorstop
“gallardo looks like a doorstop”
you look like a doorstop
Gallardo is the poor man’s Lambo (if that could be said). This is because on NSX message boards when there are people with an NSX & a real exotic, the real exotic is almost always the Gallardo.
ooooh burn
i have seen one cool gallardo in my life though, it was a white one and the dude must have had a ton of work done on the thing, it was a twin turbo and had the loudest frickin exhaust I have ever heard… I see it on Ontario st. taking off on the feeder on occasion, that thing is pretty bad arse… a red spyder? not so much but i’m sure it brings smiles to the dudes with mullets visiting from NW indiana that think a bmw is a nice car
“Gallardo is the poor man’s Lambo (if that could be said)”
ha ha ha – I don’t think any 300k car could be called a “poor man’s” car. That is as laughable as you and Sonies trying to talk about performance car. Why don’t you first buy a car (any type of car) before you start talking about other people’s rides.
hey hey. I drive a bmw guys. and my family lives in nw indiana, haha – let’s not hate, some of the clio bashing gets kinda crazy –
a rosso vik red gallardo spyder is a ridiculous car, and it will gauranteed turn heads everywhere. Yes, the murcielago is the more expensive, and faster choice – but clio stated that was out of his budget range so why hate on him for getting a high end gallardo..still a 250k+ car.. With that reasoning, might as well say no point in buying a 3 series, it’s a poor man’s bmw. no point in getting an E – class, it’s a poor man’s S class- and why get a regular bugatti veyron when you can buy the supersport? the regular veyron is then the poor man’s bugatti supersport.. come on.
“not so much but i’m sure it brings smiles to the dudes with mullets visiting from NW indiana that think a bmw is a nice car”
Dudes w/mullets think Cameros & Firebirds are nice cars. They think BMW’s are g__ and would probably think the lambo is a spaceship.
Bob, i don’t get it…so people that drive NSX’s and have gallardos = poor man’s exotics? I always thought NSX’s were lame but don’t get the reference. As a side note, I think Audi R8’s are beautiful cars – something i’d like to buy when i’m older.. is that a poor man’s gallardo? bummer.
actually clio im buying a car this summer
“ha ha ha – I don’t think any 300k car could be called a “poor man’s” car.”
Well maybe they were buying a used one.
80k to gain entrance to the Gallardo club–that’s almost Bimmer territory.
http://www.cars.com/go/search/detail.jsp?tracktype=usedcc&csDlId=&csDgId=&listingId=48605685&listingRecNum=0&criteria=sf1Dir%3DASC%26alMdId%3D21195%26mkId%3D20069%26stkTyp%3DU%26mdId%3D21195%26rd%3D100000%26crSrtFlds%3DstkTypId-feedSegId-mkId-mdId%26zc%3D60657%26rn%3D0%26PMmt%3D1-1-0%26stkTypId%3D28881%26sf1Nm%3Dprice%26alMkId%3D20069%26rpp%3D50%26feedSegId%3D28705&aff=national
Riz, we should get westloop in on this thread – i think he has an R8 and loves it – and thanks for keeping the discussion level-headed. Reading these posts it sounds like I am the 20 something year old and you are the 40 something year old!!!
“actually clio im buying a car this summer”
I’ll sell you my bentley – 2005 continental silver tempest color. 24000 miles – I will sell it for 75k (huge loss). It is my favorite car but I just don’t ever drive it (believe it or not, the car I drive the most is my 2000 black jeep grand cherokee with 82000 miles on it!!!).
ha make it 25k and you’ve got a deal
unless you want to do 0% seller financing for 30 years LOL
ehhh Bob,
that’s a 6 year old Gallardo with 35k miles, from a dealer called ‘killerz’ cars – i’d be real careful about that, haha.
clio, bentleys are better leased than bought i think – they depreciate so fast…we had a flying spur on lease a bit back and it was a great car, but would have been murder if we had bought it..it would pain my heart to sell that for 75k. ouch.
it’s funny you say that, the car my dad drives most is his 04′ Rx 330, haha.
Sonies, if you’re car shopping – a great car to pick up for 25k by summertime would be a 08 or newer 335i..Solid car at that pricepoint, should be sub 30k range by summer.
i think we’re going to get a VW Tiguan (aka poor man’s Q5/Touraeg)
need suv for our 2 dogs, need small suv for city
ahh, yeah, dogs and sedan don’t go together too well.
The tiguan is a really neat car, can’t say i can think of other small SUV’s in that range i like more.
sonies, I have a limited edition Jeep Wrangler Rubicon – lara croft tomb raider. It is the perfect city car. It has a hard top and soft top – they only made 1000 of them (it is #512). Per the Jeep dealer, only 2 were sold in Chicago and I got one of them. 2003 w/ 6000 miles on it. I paid 38k for it (10k over list) but will sell it for 20k. It really is a nice car.
I remember many years ago working with a guy in NY and we were all just BS’n about cars while things were slow. Me and someone else were arguing Ferraris vs Astons which really to me still is not arguable. Someone shoots in about the Lamborghini and my friend starts with a story about looking at one once when the dealer walked up to him and told him “no way, she is like a beautiful woman that is terrible in bed”
not a jeep rubicon fan (for chicago winters lol), thanks though clio 🙂
if you really want to get rid of your cars just take them to carmax they’ll cut you a check right there
Gringo, I don’t know, my lamborghini has been pretty good to me and a very fun car to drive. I think the reason lambos are so popular with stars/athletes is because there are no other cars that a young (youngish) guy can drive and not look like he is driving his father’s sports car. Ferraris and aston martin are older men’s cars. The R8 is a nice car but not in the same class (I would think the R8 is similar to the SL 500). Lamborghinis are here to stay!!!
sonies – holy crap – you are right!!! It DOES look like a doorstop. That is hilarious!!!
Never said it was going anywhere Clio…Glad to hear you enjoy it, cars are fun… remember having a poster of one in my dorm room. As for Ferraris, never thought of it as an old mans car, especially if you are an F1 fan, but I can say this, teenage girls love getting in them 🙂
The dec and q4 attached housing stats are bad news for already struggling realtors and mortgage brokers.
Do you have dec q4 y detached housing for lakeview?
“The property, if subdivided is worth 1.2-1.5 million. If not subdivided, but rehabbed, is worth 900-1 million. That is why it is “a steal” at 599k.”
wait, wait , wait, wait, wait, Clio are you not the one who babbles endlessly in tiresome disgust about the previous sale price not mattering and the market is what someone is willing to pay for it?
then with your OWN logic how is your farm a STEAL? even at 599k nobodys buying it even with your creative financing and land trades nobody is buying it.
so your farm is over priced and not worth 1mil plus because not previous purchase price, or 2007 valuations, or 2017 future price at 599k it it not selling means your market for it is actually below 549k.
groove
that was my point – previous sales prices don’t matter but if you are going to insist on using them, then my property would be considered a “steal”. My point has always been the same: using previous sales prices do NOT work.
That being said, the farm would be a GREAT place to raise little groove. He can get a “hands on” education about wildlife, hard work while still being close to an urban area. Win-win situation. Let me know if you want to put in an offer….
Honda CRVs are nice. I’m interested and seeing what Ford does with the 2011 redesigned Ford Escape hybrid.
I also like the Mercedes GLK.
“previous sales prices don’t matter but if you are going to insist on using them, then my property would be considered a “steal”. My point has always been the same: using previous sales prices do NOT work. ”
oops i reread and i got your point all wrong, my bad.
hey its early i still got sleep in my eyes 🙂
“Let me know if you want to put in an offer”
thanks but if i were to do a “farm” it wont be in illinois. if i am moving that far from chicago i am just gonna hightail it out of the state if not another country.
i also like the glk and escape but the escape hybrid is like 30k used and the GLK is like 33k used… i can get a new tiguan for like 26k with almost everything i’d want
“that was my point – previous sales prices don’t matter but if you are going to insist on using them, then my property would be considered a “steal”. My point has always been the same: using previous sales prices do NOT work.”
This quote attempted to make a different point:
“The property, if subdivided is worth 1.2-1.5 million. If not subdivided, but rehabbed, is worth 900-1 million. That is why it is “a steal” at 599k.”
That’s what’s funny.
“i can get a new tiguan for like 26k with almost everything i’d want”
hyundai tuscan, you can tank me later.
also one of my sons play dates mom got volvo xc60, dont know the price but it was sweet she let me drive it to target.
OK G – let me get this straight – you are driving to Target in someone elses volvo station wagon and you are laughing at ME about the pricing on my farm. You, my friend, need a mirror….
wait – my mistake – that was Groove that said it. sleep in my eyes as well. It is not so funny coming from groove – he isn’t as mean as you, G.
““The property, if subdivided is worth 1.2-1.5 million. If not subdivided, but rehabbed, is worth 900-1 million. That is why it is “a steal” at 599k.”
That’s what’s funny.”
What is so funny about it? This is how I made millions in the 90s/early 2000s in Boston – it can be done, has been done, and will again be done. What is your problem?
“hyundai tuscan”
That’s the Hyundai tuned by Ferrari, right?
“That’s the Hyundai tuned by Ferrari, right?”
nrad dyslexia got me niaga!
“Me and someone else were arguing Ferraris vs Astons which really to me still is not arguable.”
Only if you are an Anlgophile and/or have something against Italians.
“Tiguan (aka poor man’s Q5/Touraeg)”
Touraeg is poor man’s Q7. Q5 prob isn’t worth $10k more, if you’re looking to get a basic Tiguan, but if you start upgrading the Tiguan (like, getting the SEL), you should look as the Q5, too, bc it might work for 3k more.
“but if you start upgrading the Tiguan (like, getting the SEL), you should look as the Q5, too, bc it might work for 3k more.”
but why even spend that much cash just get a hyundai and use the rest of the cash for a awesome vacation and a shopping spree.
“but why even spend that much cash just get a hyundai”
Said the man with a thing for Jaguars.
“Said the man with a thing for Jaguars.”
dang your memory is good, and yes it was one r series jag, but i learned my lesson after a few repair bills.
so for sonies i am going for the “genius learn from others mistakes”
“hyundai tuscan, you can tank me later.”
Smaller interior than the CR-V or Escape, but about the same size as the VW. And if you are one of those people that like to see out of the vehicle you are driving, you probably shouldn’t be driving anything Hyundai has made recently.
“And if you are one of those people that like to see out of the vehicle you are driving, you probably shouldn’t be driving anything Hyundai has made recently”
1. you will be ok in any hyundai cuz it has the highest crash test ratings in its class and is on tops with the highway safety institute.
2. you will have extra cash for repairs, it all works out in the end.
no but seriuosly i haven taken the new hyundai’s for a ride. mine is almost a year old and i dont have any blind spot problems. and my hyundai before that had no blind spots either.
wife’s kia soul on the other hand needs bigger side mirrors.
“What is so funny about it? … What is your problem?”
No problem at all, your opinions are sometimes amusing to me. Thanks.
“wife’s kia soul on the other hand needs bigger side mirrors.”
That was probably intentional to get you to buy aftermarket parts. Isn’t that half the reason for the Soul’s existence–cheap-ish customization?
What about a Subaru? They all come standard with AWD
“That was probably intentional to get you to buy aftermarket parts. Isn’t that half the reason for the Soul’s existence–cheap-ish customization?”
that was their target market, but “cheap” aftermarket stuff is not really that cheap.
wife wanted to test drive it after their hamster commercials. she love the “thing” and at times would rather back my car out of the driveway to take hers. seen her do it this year when it was so cold. now that dedication.
btw i was really sick so i couldnt move the cars for her.
yeah if i was buying a SEL i’d just rather get the Benz GLK or Q5 at that price level… but i’m not, i’m getting a stripped down Tig S with 4wd and thats it. Unless i can find a good deal on a used one or something, only options I would “like” is a sunroof 4wd and black paint
Wife doesn’t like those tacky navigation consoles and I don’t really give a crap about leatherette seats or heated seats, chrome trim, fog lights, and don’t care about big rims and low profile tires (aka shell out more $$$ when you hit a pot hole) not worth the extra 5k+ in cost IMO
“Wife doesn’t like those tacky navigation consoles”
Who wants to pay $4k for something you can get for $200, and take with you when you travel? Blows my mind.
anon: me; I didn’t want to have to remember to bring the GPS with me on each trip to the car, and knew that we wouldn’t be diligent on removing mount + unit and storing in glove box each trip, thus leaving a target for a smash & grab in our lot. Of course, I bought a car used with nav built in, plus I liked the touch screen that I got.
If I had a garage it would have tipped my calculus. That said, I really liked the Tesla sedan’s large screen on the dash.
“Who wants to pay $4k for something you can get for $200, and take with you when you travel? Blows my mind.”
$4K is an exaggeration, no? I haven’t shopped recently. What’s the true increment for in-car? $2K? A little less? But agree it’s a big price difference, and harder/more expensive to upgrade map/hardware. But pros are non-trivial to me (as you can guess, I have in-car, but this was before standalone units became as cheap):
1. Bigger screen generally.
2. Better/easier integration, both physical attachment to car and integration with speaker.
3. Less concern about theft.
“That said, I really liked the Tesla sedan’s large screen on the dash.”
Well, when one is dropping $75k on a car, $4k is not so big a deal.
“Who wants to pay $4k for something you can get for $200, and take with you when you travel? Blows my mind.”
yeah but on some cars to get the harddrive for music you need to get the navi.
oh wait i can get a ipood nano for 199 and a garmin for 250 and the problem solved.
but i still need to buy the car mfg ipod cable to control it from my steering wheel.
it all trade offs i guess.
“$4K is an exaggeration, no? I haven’t shopped recently. What’s the true increment for in-car? $2K? A little less?”
Each of the last 3x I was looking it was north of $3k, albeit usually with other features, too (better stereo or trip computer or whatever).
“also one of my sons play dates mom got volvo xc60, dont know the price but it was sweet she let me drive it to target.”
the joys of parenthood…
and i’ll check out your hyundai groove, but i’m pretty tall so I doubt i’ll be comfy in a hyundai and the only one with 4wd is like 26k as well so i’ll stick with a ride made in deutchland probably 🙂
also
1) how often do I ‘really’ need navigation in Chicago
and
2) if I do actually need gps navigation (maybe .01% of the time?) i have it built into my phone
and 3) in the tiguan, the aux plug and hard drive come standard
“how often do I ‘really’ need navigation in Chicago”
If you’re visiting your friends who fled to Naperville, of course.
“If you’re visiting your friends who fled to Naperville, of course.”
naperville is easy, its those f’ers the fled to pingree grove and lockport or montgomery that will give problems. my phones gps is shyte for a signal in pingree grove.
“and i’ll check out your hyundai groove, but i’m pretty tall so I doubt i’ll be comfy in a hyundai”
i dont know about the suv or x-overs as i dont shop those (i am a car guy) but in both hyundai if your 6’2 you will be fine.
i wonder if the 26k for the hyundai is fully loaded, as when you get the limited its got everything in it.
its still worth a check out even if similarly priced
Just googled Pingree Grove, since I was sure Groove was making it up. Apparently it’s past Sleepy Hollow. Maybe Rip Van Winkle moved there looking for bigger bedroom sizes?
“If you’re visiting your friends who fled to Naperville, of course.”
I have basically disowned any friends who have moved west of western 😉
“Just googled Pingree Grove, since I was sure Groove was making it up. Apparently it’s past Sleepy Hollow. Maybe Rip Van Winkle moved there looking for bigger bedroom sizes?”
It’s funny the influence of Washington Irving–a lifelong NY’r, aside from time in Europe–has had on Chicago place names.
i’m 6’6″ groovester so who knows I have never been ‘comfortable’ in any car/truck really. I went to the hyundai “build one” website… you can’t get the stripped down version with 4wd, and the next level one up you can’t remove the nav system (2k) and it was like 26k. I’d love to get a car too but dogs and sedans don’t work so well, and volvos/subarus are for dorks!
Irving Park!
Nissan Murano works for my friend whose 6’4” and his wife 5’10”
“i’m 6?6? groovester”
you wont be comfortable in any car but a old Buick or yukon/escalade.
i have friend of the family who trains dogs he is rocking a chevy traverse and raves about it. they have that and older xl suburban but say now with the traverse its the #1 truck used with dogs for them.
dont know the cost of that chevy tho
no chevys no fords
yeah yeah they have supposedly “improved”
but after paying for so many transmissions never again!
i’ll check out the murano though good idea!
“but after paying for so many transmissions never again!”
i feel the same about VW’s i had a jetta when i was 18 and the thing was not built right.
since then i never trusted the germans
Buying a smaller SUV is always difficult. If you get the one you like, such as the Tiguan, and then get everything you want in it, you are already approaching or over 30K with taxes. At that point, I always think, well, for 6K-8K more, I can get a BMW X3, Mercedes GLK, Acura RDX, etc
“I can get a BMW X3”
isnt that a chick car?
You can totally rock it! 🙂 Just don’t get it in White!
i had a friend who worked for BMW and swore that the X3 was a total piece of poop because it is built by Magna Steyr in Austria
I like the tig because its one of the few VW’s that isn’t built in Mexico, its actually made in Germany
My friends tested all of the ones that you talked about and went with the Murano b/c of the head room, size, and price. They love it.
“I like the tig because its one of the few VW’s that isn’t built in Mexico, its actually made in Germany”
get the tig, because in the end bro you will be the one paying the car note for three years. and when you write that check you want to be happy stuffing it into the envelope (or clicking submit).
Buy an Enclave. You will not be disapointed. It’s Mrs. JP3’s ride and she loves it!
sorry dude i’m like half the age of someone who should be driving a Buick
“Buy an Enclave”
I love Enclave – it is especially fun on Friday nights. Underground is also fun – but moreso on Saturday.
Buick? haha good one jp3.
I never liked VWs before but have been looking for a small diesel sedan in a few years (torque is better than ponies for city drivin) and they’re about the only offering (335d not only costs more but has much more reg. maint). Might have to check that out but never wanted to conform to VW stereotypes though so I’m torn.
“Who wants to pay $4k for something you can get for $200, and take with you when you travel? Blows my mind.”
On in-car vs. add on navs: I paid for NAV in unit on mine only because it was the only one in the color I wanted. Don’t regret it for a minute. I think it was around $1.7k at the time these days its around $1.2k. I also got an integrated satellite radio as part of this. Less aggravation for entering trips or fumbling with removing it from the glovebox & setting it up on windshield. No worries about suction marks on windshield making car a target. Dumb car manuf. tries to sell nav upgrades each year for like $300 but I just laugh at that (I rarely go to areas w/new exurbs).
Enclave is indeed a good time… one of the few clubs I have been to in the last decade that I actually had a good time at LOL
“I love Enclave – it is especially fun on Friday nights. Underground is also fun – but moreso on Saturday.”
WHAT?! come on guys..Enclave is cool – if you’re from schaumburg. I can’t stand the crowd there. the underground is decent, but still not huge on it..I stick to more low key spots when i’m in river north.. I guess i outgrew the club scene in my late teens/early 20’s though, just don’t have the energy for it anymore.
What’s the deal with YBar and Crescendo? Anyone been to YBar, do they charge a cover? does YBar close and then people go over to Crscendo? what’s the deal there? tks
Riz,
what bars in RN do you hang out at (ie – what are the good places)?
hey Riz, ever go to the Shamrock Club?
best bar in river north IMO (being serious)
“I also got an integrated satellite radio as part of this.”
No way you pay out of pocket for satellite radio. I’m frankly a little surprised you have a car or that you paid extra for your favorite color.
“No way you pay out of pocket for satellite radio. I’m frankly a little surprised you have a car or that you paid extra for your favorite color.”
Heh. To give you some context I was working 90hr weeks when ol’ beater car died & didn’t really have a lot of time to wait for an exact match.
Clio, depends on the mood I guess –
in river north:
for mellow nights i have 2 favorites: Double A, and Curio. Double A is a speakeasy below Mercadito, and Curio is a speakeasy below Giltbar..I really like rebar at Trump too. (definitely not a speakeasy, haha ). Pre dinner i check out bernards bar at the elysian once in a while.
On a more social night i’ll be out at Sable’s bar ( amazing cocktails ), Hub 51, occasionally rockit, if it’s summer time perhaps the rooftop lounge at the Wit, market, or vertigo.
my favorite place in the city is probably still Violet Hour in wicker park..Amazing drinks and mellow atmosphere…there’s so many to list, wish i still had the free time i did a year ago!
sonies, can’t say i’ve been to shamrock..i’ll have to scope it out.
haha Riz its a total dive but the food is cheap and good and the bottled beer is ICE cold and cheap as well. Its an experience thats’ for sure… such a random crowd up in there I love it
Thanks Riz, I’ll have to check them out. I often go to Epic but it is too dark in there and, although, I have had great luck meeting people, I would probably be more comfortable in a quieter and lighter setting.
Hah nice shout out to Violet Hour. The Bluebird -> dinner -> Violet Hour night cap is a fav rotation of Mr. & Ms. Wicker. Bummer about Spring shutting down as that was a solid middle choice. I hope Taxim can attract the traffic back it once did as it is starting to seem dead and I don’t want to lose it.
Unless I end up moving out of the hood then I’ll be invested in the local businesses wherever they are. I’ve made decent friends of the proprietors around the area which makes me fiercely protective of my hood.
The Buick Enclave is the Mrs. car but every time it comes up I remind her that by way of the purchase she is supporting Mr. Tiger Woods (former) spokesman for infidelity and old man cars. This makes her laugh.
She wanted the third row seat thing and I was too cheap to buy her a Lexus or Mercedes. It is pretty nice but it just does not turn heads like the Lambo. Perhaps it will if I get out a chain saw and make it a convertible next spring.
anon.. u got me backwards… it’s the Aston Martin when put side to side with the Ferrari that doesn’t stack up. All British cars are crap. Anyone that buys a Jag or Rover is an idiot. Wife had a Rover, I cringe when I am reminded of that piece of crap.. Oh wait I have one here in Rio, but it’s a real Rover that i was always in love with but couldn’t buy in the states. Still leaks when it rains and things fall off it sometimes…
“anon.. u got me backwards”
You misread me, my friend. I was agreeing with you–unless one is a serious anglophile, or hates i-ties, one cannot doubt the Ferrari is the superior car.
whew.. i can rest at ease now knowing this. While we are completely off topic may I recommend Piranha 3d.. oh how i wish i saw this in the theaters in 3D.
“may I recommend Piranha 3d”
Staying way off topic, what 3d monitor are you running?
GringoZ,
i usually drive a range rover sport in the winter time and haven’t had any issues with it yet..i have heard that the big ones are a nightmare to maintain though.
lol…3d monitor in Rio.. things haven’t come that far that fast yet. Saw them for the first time last trip back to the US and have to admit I was impressed. Still wouldnt get one til they made a 3D viewing chip that can be implanted in my head. Pirated the movie on isohunt… burned it to DVD and watching on a projector I brought down from ABT in Chicago…
“Hah nice shout out to Violet Hour. The Bluebird -> dinner -> Violet Hour night cap is a fav rotation of Mr. & Ms. Wicker. Bummer about Spring shutting down as that was a solid middle choice. I hope Taxim can attract the traffic back it once did as it is starting to seem dead and I don’t want to lose it.”
Bluebird is a def favorite of mine – have you checked out Hot Chocolate? I’m assuming you have as it’s right next door. one of my favs for brunch or dessert..Taxim underwhelms me for some reason, not sure why..
though i like francesca’s, big star, and Rodan quite a bit. I used to spend most of my freetime in wicker park/bucktown when i was younger, still love it out there, but got tired of the hipster crowd after a while.
riz.. not only a nightmare but will depreciate to zero… every damn repair seemed to require an entire engine removal. $4 gasket.. $2,400 engine removal.. every freakin time…truth is the big ones have been so mommied out that the rear end clearance can barely clear a gravel driveway these days.
I’m holding out for a mass produced electric car. I’m guessing 2014.
Good luck Danny! Remember that the long term maintenance costs will be yet to be determined and as original buyers of that first mass produced electric car you will be the guinea pig.