Get a 3-Bedroom in the Mies Co-op For Under $300K: 860 N. Lake Shore Drive in the Gold Coast
This 3-bedroom corner unit in the Mies Van Der Rohe building at 860 N. Lake Shore Drive in the Gold Coast just came on the market.
This unit is in the Co-op of the two sister buildings (the other building is a condo.)
Built in 1951, this building has deeded parking which is available with this unit for an extra $50,000.
This unit is a southwest corner unit so it only has “some” lake views.
This is an estate sale.
Carpeted throughout, the kitchen has white cabinets and red and white checkerboard floors.
The two bathrooms also have unique tile work.
There is no central air (wall units only) and there is no washer/dryer in the unit.
Before everyone gets all huffy about the assessment, it includes “everything”- including taxes.
For you dog lovers, you’re out of luck as the building only allows cats.
Is this a deal for the location?
It is the cheapest 3-bedroom currently on the market in the building.
Robin Allotta at Conlon has the listing. See the pictures here.
Unit #8L: 3 bedrooms, 2 baths, 1600 square feet
- Because it’s a co-op I couldn’t find any prior sales price
- Currently listed as an “estate sale” for $299,000
- Assessments of $1994 a month (includes taxes, heat, doorman, cable)
- Taxes of $2223
- Parking is available for $50,000
- No central air- wall units only
- No dogs- cats only
- Bedroom #1: 17×11
- Bedroom #2: 12×9
- Bedroom #3: 14×11
I actually like the vintage detailing in the living room, with the right furniture you could really highlight it without it feeling super Mad Men. But the kitchen would have to go, and I’d want to at least consider updating the bathrooms. There is another 3 bed for sale with an assessment of $1601 that is without parking so I’d be interested to know why it’s so much more here. I think it will go, possibly within as little as $10k under ask.
No thanks.. with that monthly fee the place isn’t worth more then 100K. Think about it. if you bought a comparable unit with assesements of 750 you could add 270K to your mortgage and have the same cash flow and thats before tax deduction. Hope this fee is only temporary otherwise good luck.
Wow, kitchen and bath give me vertigo.
Looks like Checkers, that fast food joint.
I’d be concerned about the pain and suffering involved in updating this unit. Anyone know if the degree of difficulty is increased due to co-op structure?
Very cold and desolate in the winter (which is 8 months a year). I had a girlfriend that lived in the building and it always felt so sad and lonely (I think it was the combination of architectural style – minimalist – and location). Aside from that, the assm makes this place unaffordable and undesirable – why not just rent something similar for 2500-3000 – there are plenty of places of available.
Jennifer, this listing doesn’t break the assmt down for 8L, it appears that they included the parking assmt in order to get to the $1994. Here are what the other units for sale show for assmts:
#3J $299,500 assmt reported=$1480 (GEN ASSESS: $737.25; MTG LOAN $250.97; REAL ESTATE TAXES: $233.41; ALL UTILITIES: $259.16) (not incl: Parking space #58 for $50,000 w/$115 Month Assessment)
#3L $325,000 assmt reported=$1601 (GEN ASSESS: $797; REAL ESTATE TAXES: $252; MTG. LOAN $271; ALL UTILITIES INCL. ELEC. $280)
#3M $399,000 assmt reported=$1768 (ASSESSMENT: $880; BLDG MORTAGE: $299; MONTHLY REAL ESTATE TAXES: $278; ALL UTILITIES INCL ELECTRIC, CABLE, HEAT & A/C: $309)
#19J $399,000 assmt reported=$1947 (Parking Assessment – 115.00 Property Tax Assmt – 288.92 Mortgage Loan Assmt – 310.16 Utility Assmt – 320.81 General Assmt – 912.60)
#23L $425,000 assmt reported=$2,101 (Assessment $985.55, R.E. Tax $308.31, Utilities $388.24, Mortgage Loan $352.59. Parking assessment $115)
#19K $519,000 assmt reported=$2,230 (General assessment $1,024, Property tax $320, Utilities $403, Mortgage loan $366, parking $115)
#14M $549,000 assmt reported=$2,054 (GEN ASSESS: $1023; MTG LOAN INTEREST: $348; RE TAXES: $323; UTILITIES INCL ALL ELECTRIC, HEAT, A/C, BASIC CABLE: $359)
#21K $675,000 assmt reported=$2,317 (General assessment $1033, Taxes $323, Parking Space #44 $115, Loan Interest $369, Utilities $407)
The bldg has recently received an 8 year tax freeze for Landmark renovation work. It appears to be worth about a 25-30% discount to prior taxes.
#3J is available for rent for $2,500 with board approval of the tenant, of course.
I think that it will be a good option for some buyers! Needs updating in the kitchen and one bath unless you can find a 5 guys burgers worker that wants that look.
Seems like fairly low taxes for a 3 bedroom. Adding around $800 for assessments and utilities does not seem drastically out of line for a true three bedroom in that area
Good luck,
I recently bought an estate sale 3BR in a Meis building and just went through a complete gut rennovation (inc electric & plumbing). But unlike this unit, mine has an amazing view. Not a ton of people out there in the market for condo-rehab projects at this price point with these assmts. It takes a specific buyer.
In all fairness, the assmts are not bad considering what you get. Typically the staff at most Meis buildings are top notch and quite frankly if you want to live a in a great building in a great lakefront area, you have to pay for it. Otherwise go live in a 3-flat walk-up in Bucktown and argue over who cuts the grass.
My friend lives in this building. It’s nice except for the no-dogs rule. Also, one of the valets is a pervert and I won’t go to the garage without my friend coming with me when that guy is on duty.
pdubbs, did you buy in a co-op or condo?
I like the no dogs rule.
I don’t like this unit, however, even at this price. Too much renovation necessary, high assessments and no views. I also dislike the location, but that’s not the unit’s fault.
Pass.
btw, the cc pic above is 900 n, not 860
“frankly if you want to live a in a great building in a great lakefront area, you have to pay for it. Otherwise go live in a 3-flat walk-up in Bucktown and argue over who cuts the grass.”
This is true and the definition between luxury and more affordable housing. The ability to remove ownership hassles such as repairs and maintenance, costs money. You can rent in a downtown building for less perhaps, but not on the lake, with views and a three bedroom. Three bedrooms near the Fulton river district rent for over 5K. You have to live in a walk-up further north and off the lake to pay less.
You must have missed this from my earlier post: #3J is available for rent for $2,500 with board approval of the tenant, of course.
“I like the no dogs rule.”
Sure, there is a small subset of people who the ‘no dogs’ rule is actually going to appeal to.
To me though, it’s not just the fact that dogs aren’t allowed, it’s even more about what kind of people that rule is going to attract.
In my experience, people who “don’t like dogs” are some of the most miserable f’ing human beings on this planet. Generalization, of course, but I believe for the most part that it’s true.
Hey everyone,
Sorry to interrupt, but did anyone else see this: http://www.chicagotribune.com/business/ct-biz-0914-hardest-hit-20110914,0,157456.story
More tax payer dollars (up to $25k for homeowners) down the drain that will just delay the inevitable foreclosure of delinquent loans!
PDubbs, did you buy on Lakeview Ave?
I recall that at 880 LSD (and likely 860 too) elevator cabs are undersized, which further complicates already complicated construction staging, delivery, and debris removal. 900/910 LSD have larger cabs, but large deliveries (pianos, sofas, etc) still need to ride on top of cab on occasion – that’s how a friend finally delivered her three-cushion sofa.
Some of the units in this building have been gutted and rehabbed. I bet it cost a lot though.
I actually wouldn’t call this a luxury building. It’s nice, but it’s more the architectural features that attract people, not the luxury.
The elevators were re-done a few years back. Before that, they had rotary phones in them to use in case of an emergency. I loved those elevator rotary phones.
“In my experience, people who “don’t like dogs” are some of the most miserable f’ing human beings on this planet. Generalization, of course, but I believe for the most part that it’s true.”
Amen to that!!
nwzimmer:
I’m not a dog hater. I’d just prefer not to have them barking in the next apartment or jumping up on me in the elevator. Does that make me a miserable person?
cat people suck, assessments are in line with the price, as this would probably be a $500k place with $500 a month assessments if not a co-op
“I’m not a dog hater. I’d just prefer not to have them barking in the next apartment or jumping up on me in the elevator. Does that make me a miserable person?”
Fine people for loud dogs and rude owners who allow their dogs to jump on people. All dogs owners shouldn’t be punished.
It’s like kids, some are brats and push every god damn button on an elevator and others are polite. It’s too bad bratty kids can’t be banned or the parents can’t be fined.
23,000 dogs are executed each year in Chicago because they can’t find homes for them. So, while dogs aren’t for everyone, I hate when buildings have a no dogs rule. I have a friend who lives in one of those buildings and he didn’t think he’d care about the no dogs rule until he fell in love with a dog lover who owned two dogs and she could never spend the night–he had to go to her place all the time. It was kind of stressful. He said he regrets living in a no dog building because it really limited his options.
Seems okay at $299k, *including* the parking.
“More tax payer dollars (up to $25k for homeowners) down the drain that will just delay the inevitable foreclosure of delinquent loans!”
Let’s see, tax payer dollars go to the banks while kicking the can to slow the decline in order to sucker in more bagholders? Ya gotta love it!
You must have missed this from my earlier post: #3J is available for rent for $2,500 with board approval of the tenant, of course.
Yes, but do we know what condition its in and confirm its a 3 bedroom….I’m guessing pretty bad shape and right above the garbage dumpster… So I take it back, you can rent an unrenovated sh–hole, one or or two floors above street level, with no view but on the lake for less than this. So you can have the lake and downtown technically for the same price as a nice walk up further north and inland. Still, huge difference between renting 3J and owning a nicely renovated 3 bedroom in this building.
“I’d be concerned about the pain and suffering involved in updating this unit. Anyone know if the degree of difficulty is increased due to co-op structure?”
Hi Rick –
I live in a co-op. If you want to make structural improvements – plumbing, knocking down walls, electric, etc., you have to submit a request to the board for approval with architect’s plans and you have to use a licensed contractor. Anything cosmetic like painting does not require board approval. Also, we’re only allowed to do work between 9 – 5 on weekdays.
Our old downtown highrise allowed dogs and it was a nightmare. Most of the owners had no clue their dogs barked all day long, and because there was no green space directly outside the sidewalk was covered in dog pee each morning. I wouldn’t seek out a dog-free building but I would consider it a bonus.
If you price aggressively in this market, your unit will sell VERY fast. I know it sounds logical, but it is so true. Sellers need to get past the fact of losing money and think about it as “losing a headache”. Also, if they are in the market for another property, they can make it up on the “buy end”. I listed one of my properties on monday morning, had a showing on monday afternoon, and sold it tuesday morning to an all cash buyer. Sure, I lost about 100k (after commissions – god damn those realtors!!!) – but I hope to take the money I get from it and buy something else (or, just hang on to it). It feels AWFUL to lose that much money – it really does but my advice would be to not dwell on it – I started to think how many hours/weekends it took me to make that much money and I started to get really depressed. Not a good way to deal with it.
Actually, it is very similar to getting a divorce – you lose a shit load of money, it takes an emotional toll. The only great thing (and it IS a great thing) is that you are free. People who lose money like this should concentrate on the freedom and forget about the monetary loss.
(I actually am curious whether people who have been through a divorce are more able and willing to take losses on their real estate – I would assume that they would).
“Still, huge difference between renting 3J and owning a nicely renovated 3 bedroom in this building.”
Yes, and nobody argued otherwise. But it does seem to fall on the luxury side of your “definition between luxury and more affordable housing,” no?
“the check’s in the mail”
“real estate only goes up”
“I’ve been tested”
“buy now or be priced out forever”
“it won’t hurt”
“they can make it up on the buy end”
fwiw, you can find 3bdroom renovated rentals in these buildings in the 3k range. some with lake views some without. I lived a couple buildings down in a renovated 2bdroom with lakeviews for 2k/mo up until 09. parking was extra 1.5 benjamins
From Chris M’s article:
“The program is tailored to low- and moderate-income households that owe no more than $500,000 on their mortgages”
So crazy how much people were allowed to borrow according to income.
Incidentally, I was watching HGTV last night and TD Bank had several commercials pushing HELOCs.
Their catch-phrase:
“It could be one of the smartest, simplest ways to get the money you need to do the things you want.”
G – dwelling on one’s loss (which I have a feeling you do quite often) is the fastest way to continued failure. Do you think all the great people in the world never lost or failed? The key is to keep your head in the game and reposition yourself. You could be in a better situation in the future even by taking a loss right now.
Milkster I didn’t even catch that. Wow. How can a low-income household owe $500,000 on a mortgage? Ridiculous.
The elevator cabs in 860 are larger than in 880. 860’s freight elevator is actually quite large — about 3 times as big as 880’s.
The building does not feature a lot of amenities but does offer excellent service: 24 hour doorman and maintenance staff, as well as valet/concierge service for such things as dry cleaning, FedExing documents, etc. The engineering/maintenance staff repairs things in the apartments (faucets, toilets, etc.) for free where condo buildings would charge.
Jennifer: ” Wow. How can a low-income household owe $500,000 on a mortgage? Ridiculous.”
article: “The program is tailored to low- and moderate-income households that owe no more than $500,000 on their mortgages and have either a fixed-rate or adjustable-rate loan; annual household income must be at or below 120 percent of the area median income.”
AND: “It is aimed at Illinois residents whose incomes have fallen by at least 25 percent”
DuPage median income ~$73k * 1.2 = $87.6 / .75 = $116.8k
Lake median income ~$78k * 1.2 = $93.6 / .75 = $124.8k
So, it’s targeting “up to” folks who made $125k++ when they bought their house. Could *well* include many former two-income HH’s who have near income parity, and are now single-income, and the single income has lost all OT/Bonus/Incentive pay. So, your current $90k HH in Lake County may well have formerly been a $200k+ HH, when they bought a $625k house with a 20% down payment.
Yes, such situation will be the extremely rare exception (much more likely to have been a $125k income, now $90k, having bought a $500k house with $0 down), but they limits are not fantasy.
Still, think it should be tied to the conforming limit.
Milkster I didn’t even catch that. Wow. How can a low-income household owe $500,000 on a mortgage? Ridiculous.
If its a federal plan (just implemented in IL) I can see how a low =-income household can owe 500K on a mortgage…its called NYC.
It’s more likely the couple with the home in Bellwood who made $115k but now make $80 due to a job loss; and have two mortgages totaling $200k with 7.5% and 11% interest rates, respectively, up to their eyeballs in debt with car loans, student loans and credit cards.
Nope. In NYC the low-income working folks either bought a long time ago in affordable un-hip nabes before everything gentrified, or these days they rent because nothing’s affordable to buy anymore.
The low-income people who don’t work are on the cash-for-life plan with free NYCHA housing, food, medical, utilities, university for their multiple offspring and other assorted hand-outs.
“(I actually am curious whether people who have been through a divorce are more able and willing to take losses on their real estate – I would assume that they would).”
Interesting analogy between divorce and underwater property. I wrote a very large check rather than pay alimony for 7 years. It was a horrible financial decision but the finality and freedom were priceless (on both sides). I think that having done that once, I would be more willing to do it again, b/c it seemed to be the right decision in my circumstance. Of course, the complement to that is that I am also far less willing to incur that type of risk.
“In my experience, people who “don’t like dogs” are some of the most miserable f’ing human beings on this planet. Generalization, of course, but I believe for the most part that it’s true.”
Not liking dogs in a high rise does not equal not liking dogs. My husband has always dogs growing up and loves them, but thinks it is cruel to keep them in an apartment especially the big dogs. He thinks they should have at least a yard to play in. I am a cat person myself and why I like all beasts don’t know enough about dogs to make a judgement either way.
“cat people suck”
So not true. You are just jealous Sonies ; ) Everybody wants to be a cat:
http://www.youtube.com/watch?v=qNEraxj559Y
” I’m not a dog hater. I’d just prefer not to have them barking in the next apartment or jumping up on me in the elevator. Does that make me a miserable person?”
That sounds more like an issue with sound transmission between units, and is likely to be an issue not just with dog barking, but also whenever your neighbors decide to listen to music or watch a movie.
And since we’re talking about a condo that you buy, and not a crappy rental, then there should be more than sufficient insulation between units so that you don’t hear barking. But again, I’ve been amazed to hear what people put up with and think is acceptable, talking about spending 500k, 600k on a condo, but still having to hear people in the unit above them walking around, ect…
“Not liking dogs in a high rise does not equal not liking dogs. My husband has always dogs growing up and loves them, but thinks it is cruel to keep them in an apartment especially the big dogs. He thinks they should have at least a yard to play in. I am a cat person myself and why I like all beasts don’t know enough about dogs to make a judgement either way.”
Fair enough, however I will say that it’s a common misconception that all dogs need a lot of space. In fact even many large dog breeds can do just fine in a moderate 2-bedroom place; not all large breeds, but some do, as long as they get outside 2-3 times per day.
I would rather buy this 3 bedroom condo at lincoln park and do the remodeling – lower assessment, better view and great location:
http://www.redfin.com/IL/Chicago/1660-N-La-Salle-Dr-60614/unit-2201/home/13343772
OK, sure, a big dog doesn’t “need” a lot of space. But does that mean its happy living in a tiny apartment?
It is ridiculous that some people in my building have big dogs. One even has a rescued greyhound. It’s just not humane. A small dog is fine, but at that point you might as well just have a cat.
CH – Condo.
Annoy – Yes.
Rick – Same comments as Milkster.
I guess I don’t get the whole dog needing a yard thing. It really depends on the type of dog. In reality most big dogs, once they out grow puppyhood, are very lazy and do not need much more than a 30 minute walk each day. And my guess is that this is true for any size dog depending on the temperment and bred of the dog.
Always seems funny how people think an apartment is too small for a 120lb dog but 2+ 120 adults often live in apartments and appear to turn out just fine! Those adults just need to get the dog out of the house just as they do for themselves!
This one idiot who lives in I believe a 1 bedroom, had one obnoxious jumping huge (80lb+) puppy dog that the person couldn’t control, so what did that person do? Get another one! I want to punch that person for being an idiot every time I see them and I’m a dog person
“It is ridiculous that some people in my building have big dogs. One even has a rescued greyhound. It’s just not humane. A small dog is fine, but at that point you might as well just have a cat.”
Why must we be more humane to dogs and their living conditions than we are with our own. Sure – lots of people would love to live in 5,000 sqft homes just like lots of dogs would like to live on farms. Unfortunately, no matter if you are a dog or a human, you don’t always get what you want and you learn to adapt!
“You could be in a better situation in the future even by taking a loss right now.”
clio, you finally came to this conclusion after I’ve been preachin’ it here since the great decline began? Imagine if you had heeded the obvious signs earlier. Let me know when you unload more of your sunken treasures. It would be a contrary indicator that even chuk and I would agree on.
“the great decline”
I like that phrase. It sound the most imperial of all the terms to describe this time. I also like The Great Deleveraging but that sounds too technical, and the great recession understates the malaise, and the great depression has already been taken, and the GDII sounds stupid.
My hubby had German Shepherds. As I said I don’t know enough about dogs.
I imagine that at less than $200/sf this should go fast, inspite of the window units and aged decor (and lack of a real lake view). Contrary to Architect, the service elevator in this building is almost oversized and would not pose a problem to rehabbers.
Of course if you loved the landmarked architecture and were looking for a completely redone apartment with central air, in unit W/D, and unobstructed ocean liner views you might want to check out this unit:
http://www.redfin.com/IL/Chicago/880-N-Lake-Shore-Dr-60611/unit-23C-D/home/40041235
“This one idiot who lives in I believe a 1 bedroom, had one obnoxious jumping huge (80lb+) puppy dog that the person couldn’t control, so what did that person do? Get another one! I want to punch that person for being an idiot every time I see them and I’m a dog person”
we have friends like that and they now have a set of twins too. We went to their place and it is even filthier now more than ever and they asked us to remove our shoes! I was no way going to leave my shoes at the mercy of their dogs so put them on the counter top of course over some paper towel…lol
Having a dog depends on many factors. A big dog can work in a small condo. Lots of large dogs want to sleep all day. My 80lb lab/white never wanted much exercise after growing out of puppyhood. She’s 14.5 now and just wants to sleep all the time. Lots of small dogs can be extremely high energy. I think it’s best for condo dwellers to pick and adult dog that meets their energy requirements.
Also, lots of people send their dogs to day care during the day. They use up all their energy during the day and then you get a cuddly dog when you get home.
I used to really like these buildings…until my father and I toured a number of them just to see the layouts and quality of construction.
The original materials seem to be very low grade…for the one that was not updated. Even in the ones that were somewhat renovated, the new materials did not seem to fit with the aesthetic of the building. Strange units for sure.
1600 for a 3/2? That is spacious? From what I heard from the agents, the residents are well known for their ‘snobbish’ behavior and for that reason, it is nearly impossible to receive permission for any renovations involving moving or removing walls and floors.
As for dogs being allowed in buildings. it should not be an issue for the board to involved in. In my experience kids do far more damage than do dogs and we have to allow them in.
I have always had dogs (currently have 2 chow chows and one golden retriever, all rescues) and have always lived in some form of apartment (other than in Miami). My dogs have always had enough room…currently in a 3600+ sq ft unit and they don’t even go in two of the big rooms.
They do walk 3-4 times a day when they are not traveling with me to the job sites. One walk is a good brisk 10-15 block outing and they seem perfectly content with that set up. If I am not able to walk them, I use two teens in my building who love the dogs and are great with them.
Like kids, it is more about how the adults behave than how the children (dogs) behave and their attitude is reflected in them.
“Sure, I lost about 100k (after commissions – god damn those realtors!!!).”
I thought you owned an agency and your agents did not charge any commissions for you paying for their work space…or some odd arrangement like that?
I also thought that you NEVER lost any money in your RE transactions?
“they can make it up on the buy end”
This is an idiotic thought. Very few people are able to ‘make it up on the buy end’ once they realize their seemingly reduced unit needs updating / repair / replacement.
Very few ppl are making any money in RE these days. Even the best flippers / rehabbers. VERY FEW.
But then in your world there are SO MANY people who have money to purchase property.
i love Mies… but i don’t like hi-rise asst. Sorry would rather rent and use my money elsewhere. I can also go to Lincoln Park and get an amazing low-rise. The asst just kill you on hi-rises. Too crazy!
“….the residents are well known for their ’snobbish’ behavior and for that reason, it is nearly impossible to receive permission for any renovations involving moving or removing walls and floors.”
Walls can be placed almost anywhere, that is the beauty of these units, unless there is an electrical, plumbing, vent, chase that affects other units. Many residents are architects and are not snobby but have esthetic sensibilities that should be listened to. Removing floors should not be a problem, as the heat is in the ceiling.
Amongst the units currently listed for sale in this building, a couple have removed one of the kitchen walls, one has removed a bedroom wall completely and another has done it partially (which seems really bizarre as the bedroom is now open to the living area despite it being a 3 bed place). Most of them have added floor tile of one kind or another. The only room nobody seems to do anything with is the bathroom!
I’ve heard that one of the Mies buildings here, I think these two, don’t have actual service elevators and (this is old info, so it could have changed) the elevators reeked of dog urine….. Which may be why dogs are no longer allowed.
wow, there is a crap ton of place for sale in these buildings. that 23cd uni that roark posted is sweet. but 6cd is pretty nice too and about 1/2 the price
Dogs bite, bark and mess up peoples’ lawns.
Cats meow and purr, usually don’t bite (but may scratch unless declawed) and use litter boxes.
Which animal is more “evolved” for hi-rise apartment living?
FG, both buildings each have a service elevator with steel flooring, and given the fact that the buildings have been dog-free for over 30 years, your info is both seriously old and seriously flawed (if it was ever correct).
Westloopelo, as far as “it is nearly impossible to receive permission for any renovations involving moving or removing walls and floors”, you clearly did not look at the link I previously posted or many of the other units currently listed . In 860 units have been combined both horizontally and vertically, such that they bear little if any resemblance to the original design. At 880, up to 4 units have been combined to form a single dwelling.
Where do you live where peoples dogs are biting you?
In fact i’ve been bit about 10x more by friggin cats than dogs and I spend much less time around cats
My daughter was almost mauled by a dog at a family event in Grant Park a couple of years ago. I literally plucked her away as he went to sink his teeth. The dog probably weighed twice as much as her, and was walking loose next to it’s owner at this event full of little kids. She was scared of dogs for a really long time afterwards. We had to wait for the next elevator in our building if anyone brought one in while we were waiting.
Wow sounds like that owner is a total a-hole, sorry to hear about that!
I’ll have to find out which building it was – could have sworn it was these.
FG: Roarke is correct. Both buildings have proper service elevators and the buildings have strictly enforced the no-dogs policy for at least several decades.
Here’s a chance to start fresh for $249k:
http://www.redfin.com/IL/Chicago/860-N-Lake-Shore-Dr-60611/unit-19J/home/40106229
I think they will have a tough time getting that price.