Get a 3-Bedroom Townhouse in East Lakeview with Parking for $585,000: 3020 N. Waterloo
This 3-bedroom townhouse at 3020 N. Waterloo in East Lakeview came on the market in October 2023.
Built in 1979, this complex has 25 townhouses and outdoor assigned parking.
It has a landscaped shared courtyard.
The picture above is of several of the townhouses but not the specific one in this listing.
It has hardwood floors throughout and some exposed brick walls with floor to ceiling windows.
The first floor has the kitchen which is open to the living and dining rooms. There’s also a fireplace and a beamed, painted wood ceiling.
The kitchen has white cabinets, granite counter tops, a peninsula, stainless steel appliances and a separate dining room. In the listing, the dining room table is in the living room.
There is a private brick patio off the kitchen.
The second floor has a family room and the primary bedroom along with a full bathroom.
The third floor has two more bedrooms and another full bath.
The listing says the marble baths have been “updated” and the primary bathroom has a double sink, rain head shower, Grohe fixtures and whirlpool tub.
This townhouse has the features buyers look for including central air and a parking space is included. The listing says the mechanicals have been “updated.”
This complex is in the middle of the East Lakeview restaurant and shopping scene, yet remains tucked out of the way.
Listed at $585,000, and with mortgage rates at 8%, what are the calculations to listing now, or waiting until rates fall?
Matt Silver at Corcoran has the listing. See the pictures and floor plan here.
Unit #10: 3 bedrooms, 2 baths, 1630 square feet, townhouse
- Sold in April 2000 for $284,500
- Sold in August 2000 for $305,000
- Sold in January 2001 for $310,000
- Sold in July 2004 for $407,000
- Sold in April 2010 for $471,000
- Sold in July 2018 for $500,000
- Currently listed at $585,000
- Assessments of $249 a month (includes exterior maintenance, lawn care, scavenger, snow removal)
- Taxes of $9183
- Central Air
- Washer/dryer
- One outdoor parking space included
- Wood burning fireplace
- Skylights
- Bedroom #1: 15×15 (second floor)
- Bedroom #2: 15×14 (third floor)
- Bedroom #3: 13×11 (third floor)
- Loft: 15×11 (second floor)
- Living room: 19×12 (main floor)
- Dining room: 11×8 (main floor)
- Kitchen: 12×8 (main floor)
- Private patio
The cleaning supplies shelving on the patio…what are people thinking?
“The cleaning supplies shelving on the patio…what are people thinking?”
That’s one of the most insane pics I’ve seen on a listing in a long time. I’m almost inclined to think that it is intentional – it’s something that’s easily corrected, a way for a prospective buyer to think, “oh man, we’re getting a deal on this; the patio is going to be so killer once we remove all that junk.” Sort of like giving them an easy “win”, whereas things like a kitchen or whatever would entail spending considerable money and effort. That’s really the kindest and most generous theory I can muster as to why the seller would make such a decision and why the broker would support it.
The laundry room / utility room also scream “there isn’t enough room here”
“ That’s one of the most insane pics I’ve seen on a listing in a long time. I’m almost inclined to think that it is intentional – it’s something that’s easily corrected, a way for a prospective buyer to think, “oh man, we’re getting a deal on this; the patio is going to be so killer once we remove all that junk.” Sort of like giving them an easy “win”, whereas things like a kitchen or whatever would entail spending considerable money and effort. That’s really the kindest and most generous theory I can muster as to why the seller would make such a decision and why the broker would support it.”
Or they’re just lazy and/or incompetent
My favorite thing about this complex is that it sits at the intersection of Wellington and Waterloo. Back when I lived up there I chuckled everything I walked past.
“The laundry room / utility room also scream “there isn’t enough room here””
I was thinking that it eliminates any idea that there is enough storage space. Seems that the not-fully-closed closet doors say something similar.
A little tight on storage but I this place is a steal for that neighborhood. I am willing to admit that I might be more a fan of this type of townhome than most.
I used to live in this complex and outgrew it as my 3 kids got older but I continue to think these townhomes are an absolute steal for how large the bedrooms feel and the impossible quiet-but-in-the-middle-of-everything location.
“I used to live in this complex and outgrew it as my 3 kids got older but I continue to think these townhomes are an absolute steal for how large the bedrooms feel and the impossible quiet-but-in-the-middle-of-everything location.”
How helpful was it having a “loft” on that second floor that could be used as a family room? The living room seems tight to me. And many want a basement in a townhome which these don’t have.
I like the exterior. Price seems fair. Not a huge fan of any of the interior updates. The lack of storage is crazy but then again if I lived here one of the beds would be my office / gym and the other bed would be an office / guest room so it would feel a lot more spacious than it does for these folks.
@Sabrina We called it a “den” in our place, a couple of the units are actual lofts, and used it similarly to the pictures in this listing — we found it really helpful.
You’re absolutely right though that these places are not especially built for entertaining with the size of the living room / first floor common areas.
The “basement family room” functionality when we lived there was shared between the den and one of the bedrooms, but yes these just have a crawl space below and no basement.