Get A Turret And a Private Roof Top Deck For Under $500K In East Lincoln Park: 353 W. Dickens
If this building at 353 W. Dickens in East Lincoln Park looks familiar, it’s because we chattered about the building in November 2012.
See our prior chatter here.
Back in November, it was a top floor unit with a “crow’s nest” which had a private roof top deck but few renovations. It was listed at $499,000 but was withdrawn from the market in February of this year.
It’s sister unit, #4W, just came on the market but it has a renovated interior.
The exposed brick has been painted white but it still has the 18 foot ceilings and turret.
It has custom moldings and wainscotting along with 2 wood burning fireplaces.
The listing calls the kitchen “gourmet.” It has white cabinets, granite counter tops and stainless steel appliances.
This unit also has a private roof top deck, central air and in-unit washer/dryer.
But it doesn’t have parking. That is rental in the neighborhood.
It has been on and off the market since February 2011. It appears to have been rented in February 2012 for $3000 a month.
The unit is now listed $81,000 under the 2009 price.
Is it priced to sell?
Sam Shaffer at Chicago Properties has the listing. See the pictures here.
Or see it in person at the Open House on Sunday March 10 from 1- 3 PM.
Unit #4W: 2 bedrooms, 2 baths, 1800 square feet
- Sold in July 1991 for $245,000
- Sold in July 2004 for $645,000
- Sold in May 2009 for $580,000
- Originally listed in February 2011 (I couldn’t find the list price)
- Was listed in July 2011 for $569,900
- Withdrawn
- Rented for $3000 a month in February 2012
- Currently listed for $499,000
- Assessments of $215 a month
- Taxes of $8284
- Central Air
- Washer/Dryer in the unit
- No parking- rental in the neighborhood only
- Private roof deck
- Bedroom #1: 15×14
- Bedroom #2: 20×12
Pictures show 3 bedrooms, sales copy call out 2 BR
Guessing this will be bid up
Sabrina: “I DID say it was previously listed in 2012. That’s all that matters for this market (unless it’s been on the market the entire 3 years.)”
???
“Pictures show 3 bedrooms, sales copy call out 2 BR”
I don’t see 3 bedrooms. I think you’re just faked out by the baby’s room with the fireplace. In the second picture of that same bedroom you can see the bed/crib. In the first you see the fireplace/dresser. Notice the rug is the same in both pictures.
“Pictures show 3 bedrooms, sales copy call out 2 BR”
Nope, there are two pictures of the second bedroom — one shows the crib and a bed, and the second photo shows the fireplace with changing table — same room.
“Sabrina: “I DID say it was previously listed in 2012. That’s all that matters for this market (unless it’s been on the market the entire 3 years.)””
They had this property on the market the last 3 years (including last year when they rented it out.) It’s relevant to the listing to see/know that it was rented last year when it never sold (and what it was rented for). So, yeah, I included all of the data I could find going back to 2011.
This is what I do on EVERY SINGLE POST I DO ON THIS SITE.
I really don’t understand your conspiracy anon(tfo).
Ok anon, let it go… lol
Is it me or does the RE agent look like shaggy from scooby do had to get a job in his parent RE firm?
lovely place and should sell in the 437k range
as always a floor plan could help
Nice place. It’s all about the parking.
I really like this place for someone with no kids, and no cars
“Ok anon, let it go… lol”
She made a mistake and won’t admit it, or there’s something else going on. I’m more than open to ‘just a mistake’, but claiming consistency when there isn’t is dodgy.
And “grow up”? Srsly? It’s a legit question, and she’s answering with a version of “It’s just a number”. “Originally listed” has a common meaning, just like “1800 square feet” does; re-listed, by the same private sellers, using the same agent, doesn’t fit within what I think of when I see “Originally listed”. We talk here about the de-list, re-list stratagies (or games) that realtors play, which includes de-listing over the winter. And sometimes it’s ‘relevant’ and other times it’s not. Like I said, her sandbox, so whatever, but the posted ‘explanation’ doesn’t hold water.
In this one, she sez: “They had this property on the market the last 3 years (including last year when they rented it out.) “, but the copy of the post sez: “Was listed in July 2011 for $569,900 ** Withdrawn”. They can’t both be correct. Either it was listed, *or* it was withdrawn. Which is it? Redfin sez it’s been over a year since it was last listed (which appears to be the rental listing), and that it was only previously listed for sale for 9 months in 2011–JUST LIKE the loft. Which is correct? “It’s just a date; shouldn’t matter to anyone”.
“I really like this place for someone with no kids, and no cars”
You could easily get away with no car in the particular location. Easy cabs, frequent buses as frequent as they are, biking is a cake if you want to avoid a lot of busy streets and zip car.
I’d have to to see the place in person but 1800sft is great in the location.
This place looks a lot better without the crow’s next and exposed brick, they should have dry-walled over it though instead of painting it, but whatever
I was in this property when it was on the market in 2009 (IIRC, the list price was ~$650k). My wife and I absolutely loved it – it was unique, spacious, sophisticated. The main room with 18 ft ceilings did, in our opinion, require a particularly astute designer/decorator to make it work. Unfortunately the place is just not conducive to kids, but it is AbFab.
Apologies, anon, for talking about the property. I now cede the floor to your incoherent caterwauling.
I googled the original MLS number — $599,000. It had one price change so based on Observer’s recollection of $650,000, I could be wrong but I’m guessing that it started at $650,000 in February of 2011 and then reduced to $599,000 in April of 2011.
http://old.urbanrealestate.com/property/353-W-Dickens-Unit-4W-CHICAGO-IL-60614-2W47XWQU32MZO.html
chicago remains one of the least expensive “nice” cities in which to live. If you were to show someone in New York, Boston, SF, LA, DC this listing, they would think that the realtor forgot the “1” in front of the “499,000”. The price for this space and location is unbelievable – I bet it will be under contract within a week.
Claerly I have way too much time on my hands but this piqued my curiosity. I googled the MLS numbers from Redfin and found old listings for everything except the original list price, which per Observer, I assumed was $650,000. Even if we take that off the table (as I couldn’t verify it), it’s an interesting case study for pricing.
Mar 5, 2013 Listed (New) $499,000 — MRED #08284070
Nov 10, 2011 Listed (New) $499,900 — MRED #07942469
Oct 7, 2011 Listed (New) $524,900 — MRED #07919960
Aug 18, 2011 Listed (New) $549,000 — MRED #07883961
May 31, 2011 Listed (New) $569,000 — MRED #07819798
Apr 29, 2011 Price Changed (Price Change) $599,000 — MRED #07740813
Feb 28, 2011 Listed (New) $650,000 (???) — MRED #07740813
“She made a mistake and won’t admit it, or there’s something else going on.”
dude – WHY SO SERIOUS?
“She made a mistake and won’t admit it, or there’s something else going on.”
so what you are saying is at least Joey Z will drop full disclosure when he does what he does. and if it was a mistake the own up to it but avoiding it is showing an assumption that arms-length connection (or full on shilling) needs to to have at minimum a mention?
The third alternative could be plain hard head stubbornness?
“chicago remains one of the least expensive “nice” cities in which to live. If you were to show someone in New York, Boston, SF, LA, DC this listing, they would think that the realtor forgot the “1? in front of the “499,000?. The price for this space and location is unbelievable – I bet it will be under contract within a week.”
that discount of missing the “1” in front of the 499k is because of the proximity of oakbrook and its inhabitants
Just to be clear, I recall it being $650k as the original list price in 2009 (before it sold for $580k), not 2011. Apologies for the confusion.
“The main room with 18 ft ceilings did, in our opinion, require a particularly astute designer/decorator to make it work”
easy tip to help soaring ceilings make the room cozier, is to paint the ceiling 3 shades lighter than the wall and not paint it white.
also common mistake to is to buy over sized art and furniture to accommodate. you want to do the opposite and get lower sitting couches and chairs but throw in a really tall book shelf (tall not wide) with a ladder to give a perspective of its grand size.
its really about drawing the eye to a spot and tricking the eye with the peripheral decor
No wonder you hate red painted walls, you really aren’t a fan of a pink ceiling…
“I don’t see 3 bedrooms. I think you’re just faked out by the baby’s room with the fireplace. In the second picture of that same bedroom you can see the bed/crib. In the first you see the fireplace/dresser. Notice the rug is the same in both pictures.”
Thanks – need a second up of coffee before posting
“She made a mistake and won’t admit it, or there’s something else going on. I’m more than open to ‘just a mistake’, but claiming consistency when there isn’t is dodgy. ”
So what are you theories on what else could be going on?
“We talk here about the de-list, re-list strategies (or games) that realtors play, which includes de-listing over the winter. And sometimes it’s ‘relevant’ and other times it’s not. Like I said, her sandbox, so whatever, but the posted ‘explanation’ doesn’t hold water.”
True though there are two basic assumptions with that:
1) we’re mostly ripping on the swarmy realtor or delusional owner that won’t adjust their asking price while simultaneously mustering a modicum of sympathy for the nice realtor dealing with said delusional owner, or the poor owner whom cannot adjust their price;
2) We also know that a property that has been on the market for a long time is like a guy/girl that has been single/not dating for a long time: there is a reason, sometimes it’s just that they haven’t found the right one, other times there’s something beneath the surface.
“No wonder you hate red painted walls, you really aren’t a fan of a pink ceiling…”
note to self: post pictures of dining room on blog so that Groove’s head can explode.
“No wonder you hate red painted walls, you really aren’t a fan of a pink ceiling”
sorry “shades” is the wrong wording
“note to self: post pictures of dining room on blog so that Groove’s head can explode.”
wait you have time to paint your kitchen yet the cc wiki still hasnt even got its first code written?
“True though there are two basic assumptions with that”
Which one applies to the loft?