Get a Logan Square 2-Flat for Just $81,000: 3515 W. Belden
This vintage 2-flat at 3515 W. Belden in Logan Square has been on the market since July 2010.
In that time, it has been reduced $78,000.
It is a short sale.
The two units are as follows:
- Unit #1: 2 bedrooms, 1 bath
- Unit #2: duplex up 4 bedrooms, 2 baths
Built on a 25×125 lot, it has an oversized garage and hardwood floors.
The property is now listed $14,000 under the 1992 purchase price.
Is this a steal? (if the bank is even open to offers around the list?)
Jose Campoverde at Re/Max Skyline has the listing. See the pictures here.
3515 W. Belden: 2-flat, 6 bedrooms, 3 baths, 3 car garage (oversized)
- Sold in May 1992 for $95,000
- Sold in April 2003 for $230,000
- Sold in March 2005 for $323,000
- Originally listed in July 2010 for $159,000
- Reduced several times
- Lis pendens foreclosure filed in October 2010
- Currently listed as a “short sale” for $81,000
- Taxes of $3645
- Gas heating
only if spongebob is included
WTF?
fugly.
This place looks like its straight out of Mexico City or perhaps Rio. Probably safer in those towns though
also LMAO at the aluminum foil stove vent with the (at least ) $5000 crotch rocket in the garage
“fugly.”
Um, it’s an $81k two-flat, that *might* be close to being code compliant. If you can gross $1500/month rent, it’s a very good deal even if you need to spend $40k on compliance upgrades.
$230k was too much and $323 was crazy, but this is cheap, unless its almost falling down. And that’s even assuming that this is one of the worst blocks in the immediate area.
Think one could get $600/$900 for the two units?
wow,
would like to know how many code violations this place has?
Why is there a lawn chair on the “roof” of the covered porch?
and it the garage missing a WALL?
if this passes code, health and safety standards, put in 100k and you have a great investment.
“Why is there a lawn chair on the “roof” of the covered porch?”
cuz mom doesn’t like when people smoke inside. duh.
“and it the garage missing a WALL?”
I heard from someone here that that is popular among the car mod set. It’s a feature, not a bug.
“I heard from someone here that that is popular among the car mod set. It’s a feature, not a bug.”
yes its basically so
1) you don’t have to talk to every jag that drives by in the alley while you’re trying to do something
and
2) so not every person driving by knows you have something nice in your garage
and
3) you can watch your kids playing in the yard while you do work
“cuz mom doesn’t like when people smoke inside. duh.”
do you really need to climb out the window for that!!!????? maybe thats why there is white rope there?
“I heard from someone here that that is popular among the car mod set. It’s a feature, not a bug.”
i dont think they use blue tarp for the door though.
of all of it the craziest thing is the covered patio was actually built with gutters that *might* drain into the sewers! why such detail there?
quite frankly I’m surprised this thingie hasn’t sold. multi-units are selling like johnny’s hotcakes all around the area. everyone wants to be a slum lord lately. Show up the first friday of every month knock knock knocking on the door looking for rent…
http://www.redfin.com/search#!lat=41.92153470803439&long=-87.7178692817688&market=chicago&open_house=2&sold_within_days=365&uipt=4&v=6&zoomLevel=16
I was actually looking at this listing this morning, but ruled out looking at it in person for 3 reasons:
– Too far from el (16 min walk to Logan and 19 mins to Cali)
– Frame, not brick
– I am not familiar with that part of Logan Square
I’ve heard that the area becomes rougher the further west you go and that Central Park Avenue is the DMZ. Can anyone who lives around here or is familiar with the area provide some insight please?
To me, with a good cleaning and some cosmetic fixes it seems this place would be drastically improved, although I would have a good inspector go through everything carefully.
Classic short-sale bait and switch tactic. No way the bank would take an offer at ask. The seller is definitely motivated to move the place as evidenced by the use of this tactic but funny enough its never their money on the line in situations like this.
Laura Louzader commented the other day how people took a chance on Southport in the 80s and reaped the benefit, which begs the questions:
1) was southport as “bad” as this part of Logan Square
2) how long would you have to wait until it turned around
Bob – look at my linky link above. I have doubts it is even worth the current ask.
Sold on 07/20/2010
$95,700
(last list price) 3537 W Belden Ave
CHICAGO, IL 60647
Sold on 03/03/2010
$62,500
(last list price) 2337 N Spaulding Ave
CHICAGO, IL 60647
Sold on 08/02/2010
$75,000
(last list price) 3753 W Lyndale St
CHICAGO, IL 60647
Sold on 05/04/2010
$120,000
(last list price) 2306 N Kimball Ave
Chicago, IL 60647
Logan Square is going to degentrify as the artists have to move back into their parents basement in whatever suburb of Chicagoland or other midwest city they hailed from. In boom times its hard enough being a creative person and making a living at it, in a bust like this I’d imagine it’s damn near impossible.
Milkster,
I have a greystone 2-flat in Logan Square, right off Kedzie Boulevard. I agree with your assessment of this property…it’s quite a hike from the Blue Line and, in general, the frame buildings haven’t aged well and most haven’t been rehabbed. The greystone facade buildings are the star of the neighborhood and are generally in the best shape, followed by the other brick construction properties. Lastly, it seems that the neighborhood is most desirable east of Central Park (if north of Fullerton) or east of Kimball (if south of Fullerton, as I mentioned the other day. The gang prescence in the neighborhood becomes more evident as you head west. However, I think the best properties in the neighborhood tend to be located within 1-2 blocks of Logan, Kedzie, or Palmer boulevards (with Bernard being the notable exception).
I have been a landlord in this ares for years and it never fails to amaze me how easy it is to find tenants. Hard working Latinos for the most part, and they would not object to this color pallette at all. Somebody will get a nice little investment here. Eventually, the value will be in the land on this one.
This part of Logan Square (and most of Logan Square) is lousy with places like this. If you have long-term renters there and get a decent return, it’s probably a good cash deal for someone who can make the numbers work. I’m guessing the two units might be good for $1200 in rent between them? Only costs are taxes, insurance and repairs, maybe average $10k a year, absolute worst case scenario? Better than 5% return at list price. Rents could be lower, though. Lots of pretty rich folks who’ve lived in Logan Square for their entire lives own several units like these. Probably lots of cash rent that doesn’t get reported, too, but you probably have to be fluent in Spanish or have a manager who is.
The pain of having to collect rent from someone who would rent a place like this is enough to make me pass on this one. Seriously – it is the biggest stress/pain not knowing if your tenants are going to make their rent payment each month. Also, renters tend to bring up problems with the unit/house just before rent is due (?in an attempt to quiet the owner). For me, I would like to see at LEAST a 10% return – remember your time is INCREDIBLY valuable and very few people factor this when calculating profit from an investment property.
“For me, I would like to see at LEAST a 10% return”
If total rent is $1200, then it’s above a 10% return at this price.
I must make my obligatory kitchen comment, and it’s clear that it has to be about the aluminum foil on and behind the range. Perhaps that’s the new stainless steel?!? It’s a visionary concept, as well as easy to maintain.
“The pain of having to collect rent from someone who would rent a place like this is enough to make me pass on this one. Seriously – it is the biggest stress/pain not knowing if your tenants are going to make their rent payment each month. Also, renters tend to bring up problems with the unit/house just before rent is due (?in an attempt to quiet the owner).”
True and supposedly ‘good’ neighborhoods with older units are subjected to this as well. I have a few friends renting a place and they tried to talk me into being one of the roommates. However I know them and I know one of them has trouble holding a steady job and parties a bit too much. Sure enough he’s falling behind on rent just like with the last place.
They’re good friends but no way could I live with them: one of them doesn’t feel the need to live up to his commitments and then the landlord tries to get the others to make up the difference (which, naturally, they don’t feel obliged to).
Mexico and S. America must really be bad if someone leaves the climates there to live like this. Amazing. God’s Middle Finger by Richard Grant is now bumped up on my must read list.
Also there is a huge difference between being a creative person and thinking of oneself as one. Sometimes I feel some of these pseudo artists should pay the visitors for the pain their exhibition causes them. It is hard to get the image of tasteless attempts at making art out of your head.
“In boom times its hard enough being a creative person and making a living at it, in a bust like this I’d imagine it’s damn near impossible.”
“Sometimes I feel some of these pseudo artists should pay the visitors for the pain their exhibition causes them.”
I haven’t been to too many galleries but I’ve heard from others they often feed you hors douvres and booze. Hence me and my friends are planning on going to a few just to get drunk for free and act like one of us might actually be in the market for any of that stuff even though we aren’t.
Heck yes I will drink that Stella, eat that bruschetta and act like I give a shit.
“They’re good friends but no way could I live with them: one of them doesn’t feel the need to live up to his commitments and then the landlord tries to get the others to make up the difference (which, naturally, they don’t feel obliged to).”
That is why I write into my lease that roommates are both jointly and severally liable for rent. I often insist that rent be paid with a single check. You could pay $2 and your roommate $1198-really that’s between the roommates and not my concern as the landlord. When I make it clear at eh get-go I don’t have any problems.
“That is why I write into my lease that roommates are both jointly and severally liable for rent. I often insist that rent be paid with a single check. You could pay $2 and your roommate $1198-really that’s between the roommates and not my concern as the landlord. When I make it clear at eh get-go I don’t have any problems.”
Same thought, but didn’t feel like getting into it even with Friday-Bob.
“That is why I write into my lease that roommates are both jointly and severally liable for rent.”
I haven’t read the lease but I think this landlord might’ve done that. What he probably failed to do was run the credit of each of the tenants–heck to my knowledge none of them have good credit, but the one guy coming up short probably has an eviction on there somewhere or at least would not have been able to get a good reference from prior landlords. If you have a pool of perfect tenants in this economy I commend you dahliachi–not many landlords do.
Icarus, I would not compare this part of Logan Square with Southport.
You see, Southport was never “bad”. It was a quiet, respectable, super-conservative “Archie Bunker” type blue collar neighborhood populated by unpretentious, clean, law abiding people that were the backbone of cities until they started clearing out for the burbs in the 60s and 70s, close on the heels of the white collar middle class. It was just dull and backward and un-trendy and kinda fugly, that’s all… a place to buy cheaply where you were safe on the streets at any hour and close to things. It is close to Lakeview, for example, and when E. Lakeview started getting expensive, it spilled over into the Southport area in the 90s.
Logan Square is a different kind of place as we know. I still don’t feel safe over there at all, even though many parts are very beautiful. But it’s nowhere near the lake and it has too many “problem” people living in it. It’s only advantage over far north neighborhoods is its proximity to downtown.
I’ll take W. Rogers Park or E. Rogers Park over Logan anytime.
Have to admit this two-flat is a great deal for somebody IF it can really be had for this low price.
“I haven’t read the lease but I think this landlord might’ve done that. What he probably failed to do was run the credit of each of the tenants–heck to my knowledge none of them have good credit, but the one guy coming up short probably has an eviction on there somewhere or at least would not have been able to get a good reference from prior landlords.”
Isn’t this a problem not just for that landlord but for your other friends too, if they have credit that they care about? I probably should be asking for more of a good tenant discount from my landlord.
“Logan Square is a different kind of place as we know. I still don’t feel safe over there at all, even though many parts are very beautiful.”
I don’t know what “a different kind of place” means, but the “better” parts of Logan (which this property is not but you are speaking more generally) is really pretty safe.
How about putting this into The CHA Housing Choice Voucher Program? You’d probably have to dump a few bucks into it to get approved but at least you’ll be getting 70% of your rent guranteed. That might be a good way to hang onto this property for 5 to 7 years and see if the hood turns around.
“The pain of having to collect rent from someone who would rent a place like this is enough to make me pass on this one.”
Just a guess, but I think that, when push comes to shove, you would have less trouble collecting rent from people who live in a place like this than you would people who live in higher-end units and know their rights better. I don’t know for sure, but my impression is that the folks I know of who own units like these are pretty quick to be pretty harsh on tenants who don’t pay their rent. For better or worse, the threat of reporting someone if they don’t pay you is probably pretty effective.
“Isn’t this a problem not just for that landlord but for your other friends too, if they have credit that they care about? I probably should be asking for more of a good tenant discount from my landlord.”
Yeah because everyone cares about their credit as much as anal CCers. I have friends of all incomes with poor credit. Yeah even six figure ones with bad credit. All it takes is a bad vice like online poker.
The better part of Logan Square would, I would think, include Logan and Kedzie Boulevards, which are very beautiful. I love those two streets and love the area around their intersection, but as it happens, there have been a number of shootings and muggings in that vicinity, close to the el station, in the past couple of years, and too many innocent citizens have been hurt, notably a 13-year-old girl who got caught in gang crossfire on her way home from school, crossing Logan Square.
The gang activity over there is dragging down the nabe just as it is the troubled north end of Rogers Park around Howard St, and Uptown around Wilson, Sheridan, Broadway, and Lawrence.
“It’s only advantage over far north neighborhoods is its proximity to downtown. I’ll take W. Rogers Park or E. Rogers Park over Logan anytime.”
I would also include Logan’s easy access to O’Hare, close proximity to popular neighborhoods, and superior dining and nightlife options as its other advantages over Rogers Park.
As far as safety, I’ve lived in both neighborhoods and feel that they are both edgy in their own regards. It just seems that Logan’s issues are more concentrated in the west 1/3 of the neighborhood while Rogers Park’s issues are more spread out.
You guys are all wrong wrong wrong.
1) The standard chicago lease makes all signers jointly and severely liable.
2) Landlords aren’t threatening to deport anybody. Like ICE is going to give two-s***ts if an illegal is not paying rent. IF you’re not paying rent, you get evicted.
3) Evictions take place on the 14th floor of the Daley Center. You file suit, two weeks later is court, the judge asks if the tenant is behind, if the answer is ‘yes’ then he gives the tenant a week to move. – the more fortunate tenants – those with section 8 legal aid rep – they get transferred to the jury room (1404) and the case goes on for months. but I would say that a large majority of evictions are resolved within a months time.
4) Few tenants actually enforce their rights. The ones who do are generally the pushy assho**s or the aspiring law students. 99% of the people don’t care if they got their $1.00 interest on their security deposit and they keep the place up so they get most of their deposit back.
5) Many landlords work out private arrangements with tenants to get them out. Like waiving back rent, or (illegal) threats to lock them out, etc. Many will move; only the obstinate or pushy or indignant or destitute tenants stay through the entire eviction process.
homedelete, I’m not saying how things should work out or what would happen if someone did get reported (you’re right, nothing), I’m saying that there are many people who don’t have any idea what the consequences would be if they didn’t pay their rent and are taken advantage of with respect to their actual rights as tenants because of it. It’s news to you that illegal immigrants get taken advantage of?
Roscoe Village was also the Archie Bunker type neighborhood. My neighbors when I lived there told me that they bought their 25×125 crapshack in 1978 for $22,000. BY 2004, the place was falling down, was in terrible disrepair and I don’t think they ever put a dime into it. They sold it in 2004 for $450,000 and bought brand new construction in some suburb out near their jobs. Today in its place is a cinderblock four flat (with a duplex down and a duplex up) in all it’s glory and no unit sold for less than $450,000. I’m sure this story was repeated all throughout chicagoland.
It’s hilarious now to see some old person trying to sell their crapshack a day late and a dollar short – at the 2006 price! this place is falling apart so it’s the ‘land value’. Talk about miserable timing. One crapshack in my area with a ridiculous asking price has a 70’s era condo on one side, and a 90’s era on the other, and a condo conversion from the 2000’s across the street. Of all the times to try to sell for ‘profit’ they chose 2009 to ask their ridiculous asking price. Talk about stupidity and obstinate.
From what I’ve seen and I’ve had some experience with illegal immigrants, is that I think most illegal immigrants know that any threats made by a landlord to report them are simply idle threats.
The illegals get taken advantage of in the sense that they live in these crapshack apartments in bad neighborhoods. The landlords are inattentive to the properties, but, then again, for the little rent they pay, they don’t really care. You get what you pay for and they know that.
“#JJJ on February 11th, 2011 at 5:15 pm
homedelete, I’m not saying how things should work out or what would happen if someone did get reported (you’re right, nothing), I’m saying that there are many people who don’t have any idea what the consequences would be if they didn’t pay their rent and are taken advantage of with respect to their actual rights as tenants because of it. It’s news to you that illegal immigrants get taken advantage of?”
“Roscoe Village was also the Archie Bunker type neighborhood.”
Um, no. The RV slipped in to being a gang infested dump. The reason that place was $22k in ’78 is that it was affirmatively undesirable in the late 70s early 80s. Turned around pretty quickly, but it was definitely bad(ish) for 15 or so years.
It’s hilarious now to see some old person trying to sell their crapshack a day late and a dollar short – Talk about stupidity and obstinate.”
In some cases its simply bad luck and poor timing.
Yup, I think for going through the torture it is the least they can do. Usually the best food is served though for invitation only ones or the ones you have to buy tickets for.
“Heck yes I will drink that Stella, eat that bruschetta and act like I give a shit.”
http://www.redfin.com/IL/Chicago/3712-N-Saint-Louis-Ave-60618/home/13454728
Day and a dollar too much
I don’t really know Logan Square well, however it seems to have a nice mix of people and stores and restaurants of different types and price ranges which I like. On the surface, I like the area and love the commute to O’Hare. However I’ve noticed that there are a lot of empty storefronts along Milwaukee Avenue. Is that a recent development with the recession? Was it better at one point? Or have things always been that way? I have no frame of reference.
When I was in town in January I had lunch with my boyfriend’s dad at Cafe Con Leche on Milwaukee at Spaulding. Cafe Con Leche had a nice crowd, but the whole time we were there, we watched the riff raff come and go into the McDonald’s across the street, just north of the Logan Square el. There was a permanent sign next to the door which said “no loitering or soliciting”. I’ve never seen that at McDonald’s before.
And what’s with the scariest Foot Locker in the world at Milwaukee and Diversey???
Do you think the neighborhood will get better or worse?
Bob, HD – where are you? Take a look at this:
http://www.chicagotribune.com/classified/realestate/apartments/ct-biz-0211-rent-chicago-20110211,0,6212936.story?obref=obinsite
Milwaukee Avenue north of the square hasn’t turned yet and still a bit run down…not much to do up there other to catch a $4 movie at the Logan. Milwaukee Avenue between California and Kedzie still has a fair number of vacant storefronts but a ton of places has opened up over the past few years, including Rocking Horse, Wasabi, Bonny’s, Whistler, Logan Square Kitchen, Revolution Brewing, Cafe Mustache, Cole’s, etc. I wouldn’t be surprised if that trend continues in the coming years.
Yeah, well, maybe Milwaukee will pick up, or maybe the LSNA will have their way and stem the “threat” to the community in the form of displacement from (ostensibly) hipsters and gentrifiers (aka non-Hispanics). This little article on what the LSNA is up to…
http://gapersblock.com/mechanics/2011/02/10/reflections-on-changing-times-in-logan-square-an-interview-with-neighborhood-activist-john-mcdermott/
This gives you an idea of why many call it “The People’s Republic of Logan Square”.
I wonder if we will be go back to crazy interest rates of eighties and huge price reduction for the housing market. I am starting to think we are still 20-30% away from the bottom:
http://www.nytimes.com/2011/02/12/business/12housing.html?_r=1&ref=us
yuppies are back!!!
http://finance.yahoo.com/news/The-Yuppies-Are-Back-dg-2914506094.html?x=0
Hi logansquarean –
I was hoping you would join Chris M and write in too 🙂
As far as the folks who are being pushed out go, I feel that if they enjoy living in the area, they should make a commitment to the community and buy their homes, pay property taxes and take a vested interest in their neighborhoods. Things are cheap enough now that everyone who is not underwater on a property can buy. They should just stop wasting their time protesting and buy. That’s the surest way not to get pushed out. This 2 family house which Sabrina has profiled is only 81K! It’s a bargain! If I didn’t stick out like a sore thumb in that area, I would buy it.
There are plenty of homes in the area west of Humboldt Park you can buy even cheaper for under 50K. Plenty around 20K. You can’t have your cake and eat it too, renting and simultaneously trying to prevent landlords from increasing rent because somehow you contribute to the local flavor.
I grew up in an immigrant family in Canada in the 1970s. The way all the ethnic groups approached homeownership back then is through a lot of sacrifice and hard work. There were no social programs. There was no government assistance. You’d get two friends or relative’s families who would team up, cobble together the down payment with everyone working two jobs, and buy a house together. After a year or so after the closing costs and some of the mortgage was paid down, one of the families would stay in the house and then the second family would buy another house with another relative and repeat the process. I don’t see why more people don’t take this approach now with prices so low.
Homedelete,
I have only once been able to evict a former renter after one month of non-payment.
The renters I have had the most problems with are with those with papers, those who know how to work the system.
I would not buy a frame in Logan for 100k when you may be able to buy brick 3-flat in better part of Logan Square for around 200k.
What happened to the White Castle over there? I went out for a craving about a year ago and couldn’t find it. I recall that it was on Milwaukee Ave. somewhere around Lazo Taco’s??
Re: gallery openings and free booze/food, I highly recommend 2nd Fridays in Pilsen. It’s especially nice in the summer, because a lot of the galleries/studios along Halsted have back gardens and occasionally will have outdoor installations.
#Dan on February 12th, 2011 at 2:53 pm
What happened to the White Castle over there? I went out for a craving about a year ago and couldn’t find it. I recall that it was on Milwaukee Ave. somewhere around Lazo Taco’s??
\
That was at Milwaukee and Armitage, and in its place now sits a Walgreen’s. It came up during that flurry of construction of banks and drugstores on every corner and empty lot. I think it’s been there probably like 5 years plus.
Margie’s is still there, though, but we tend to go to the Margie’s over on Montrose and the Ravenswood. The layout is better, and it’s cleaner, although the Armitage/Western is kinda idiosyncratic and retro in the extreme (maybe not in such a good way all the time).
“I would not buy a frame in Logan for 100k when you may be able to buy brick 3-flat in better part of Logan Square for around 200k.”
Can anyone dig up any listings for this unicorn?
Maybe the unicorn Milkster will find is a brick 2-flat with an illegal garden apartment, for around $200k?
A LEGAL 3 flat, probably not.
I agree 2-flat brick with garden unit.
Check out 2700 w block medill. 2713 w medill sold for 390k in early 08. There is basically same building across the street now for sale at 290k.
That is the better part of Logan Square, within block of blue line (citibank, logan bar and grill).
I could see some of those buildings going for as little as 200k in the next year or so.
Thank you, logansquarean and Humboldt1! Thank you and happy Valentine’s day to you both.
Humboldt1 –
Was it this house at 2710 W Medill? It was a short sale. It appears to be under contract already. But yes, I know that part of Logan Square and like it very much. Thank you for the tip.
http://www.redfin.com/IL/Chicago/2710-W-Medill-Ave-60647/home/13417291
I just happened upon this. Look at what’s for sale next door to the frame house for 81K. A greystone 2 family for 179K at 3519 W Belden. If anyone is interested, maybe you could aggressively lowball it:
http://www.redfin.com/IL/Chicago/3519-W-Belden-Ave-60647/unit-1/home/13418905
Looks to be in ok condition on the surface. However the challenges which come with that part of the neighborhood will be the same, of course. From Google Streetview, a couple of buildings east is a condo conversion which doesn’t look like it’s selling either.
Milkster,
It was 2710 w medill.
Do you think it will be able to buy one of those 2flats for $200K in the next 1-2 years?
What makes you think that these particular 2-flats will fall another 30% or more? Is it the fact that Medill is essentially a glorified alley?
Just looked at Google Maps and I guess Medill isn’t that bad over there…I was imagining the stretch west of Milwaukee that you can see from the El…basically just a bunch of garages backing up to it.
It’s fugly, but its brick…
http://www.redfin.com/IL/Chicago/3511-W-McLean-Ave-60647/home/13420384
This one looks like a winner…
http://www.redfin.com/IL/Chicago/3429-W-Cortland-St-60647/home/13417691
This one might work…
http://www.redfin.com/IL/Chicago/2421-N-Monticello-Ave-60647/home/13446961
All of these are outside of what I consider the desirable Logan Square areas. Logan Square is such a huge neighborhood I think the North and East parts will gentrify fully and the South and West parts will pretty much always have low income residents.
“Medill isn’t that bad over there”
It’s not that bad. A little near the post office, but not too bad. Less nice than north of Fullerton but cheaper too of course. Also a little to close to the train for my tastes, but it’s all about tradeoffs.
Hello, I live/own 2 doors down from this building and have lived here for 4 years and I am a working professional. The building is on a great street, lots of families and owners, no undesirable activity, lots of parking. It is a safe and short walk to the Logan Square Blue Line, I walk it a few times a week. Rent is consistently going up in this neighborhood (I rent a unit in my 2 flat) and many young upwardly mobile people are moving in. I have been in this building as well to check it out. Not in horrible condition, needs cosmetic work (as you can see), not sure what city violations there are. What do you expect for this price? A good buy for someone who wants to put a bit of work into it. If you want to pay a little more for less work, check out the listing for 3519 Belden (brick 2 flat).
Sold on 04/19/2011
$81,000
wow.