Get Your 3,000 Sq. Foot Loft Here: 1728 N. Damen in Bucktown
There are lofts and then there are massive lofts.
This 3,000 square foot duplex down loft at 1728 N. Damen in Bucktown is what an authentic loft should be: huge open space.
Here’s the listing:
Live Lrg & Luxuriously In This 3000 Sq Ft Loft In One Of Bucktown’s Most Popular Bldgs. Renovated In 2004,this Unit Is Like No Other In The Bldg.
Perfect For A Live/Work Arrangement And Entertaining. 1st Flr Has 2000 Sq Ft W/High End Finishes,25′ Of Windows,wbfp,diag Hdwd Flrs. Lower Lvl Features 2nd Bdrm,off,lrg Fam Rm.$40k For 2 Deeded Pkg Spots
This particular unit has changed hands quite a few times in recent years. There are 43 units in the building with 3 units currently on the market. Unit #106 is the most expensive.
Unit #106: 2 bedrooms, 2 baths, 3000 square feet
- Sold in September 2003 for $405,000
- Sold in April 2004 for $420,000
- Sold in November 2005 for $550,000
- Currently listed for $599,900 (on a Craigslist post– the ad says 1 parking space included and a second is $20k but the listing says 2 spots for $40k.)
- Assessments of $770 a month
- Taxes of $8,260
- Coldwell Banker has the listing (see the virtual tour here– with several extra pictures)
I hope the assessments include heat because otherwise YIKES!
Nice enough rehab, although they put the floors in crooked.
no photos of the basement – maybe it’s window-less (basement on front foto) with low ceilings?
i’ve seen duplex down units get screwed with really high assessments and taxes because the developer bases it on SF when it’s convereted/built. Looks like the case here. maybe sorta a hard sell.
bubbleboi – the floors arent crooked. it’s a premium to install wood floors on an angle.
Assessments of $770 a month
Taxes of $8,260
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WOW And what are you getting for $1500 a month before Pincip and Intrst??
“WOW And what are you getting for $1500 a month before Pincip and Intrst??”
You get a sparsely funished $600,000 loft in Wicker Park.
BB: “no photos of the basement”
Where do you think the bedrooms are? Those are (I think obviously) on the lower level.
LOOKs like (from the mls) assessments include: “Heat, Air Conditioning, Water, Parking, Common Insurance, Exercise Facilities, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Other”
Heat and air DO help.
“assessments include: . . . Parking”
Think that means the taxes on the parking, too?
oh, and, interesting: this is the old Ludwig Drum Factory/Warehouse building . . . . http://www.ludwig-drums.com/history/
no, i would imagine that it means it only covers the parking assessments – not the parking taxes. but i can’t be sure. just going from the listing.
If the assessments include heat and A/C, now we’re talking turkey. That’s a good couple of hundred a month, right?
As for, um, “lawn care”… I hope they’re not paying the landscaper too much to maintain the side facing Damen.
This place is still on the market. Price is down to $510,000. Master BR is upstairs, other one is downstairs. Some light through glass block down there. Assessments are steep but do include heat, A/C, water and exercise room/common deck. Good space for someone who needs a workshop downstairs. It will move soon at that price.
**”It will move soon at that price.”**
Don’t get ahead of yourself now Tom. It isn’t 2005 anymore. A $510,000 ‘urban’ loft with $1,500 a month taxes and assessments has limited appeal if it can’t be flipped for a tidy profit every 12 months.
I’d offer 300k. Seriously. Ask the owner if he’d take that price Tom.