Have a Lot of Cars? 5 Indoor Parking Spaces Included: 111 S. Morgan in the West Loop
This 3-bedroom penthouse duplex-up at 111 S. Morgan in the West Loop recently came on the market.
At 2600 square feet, it has outdoor spaces on both floors.
The kitchen has what look like maple cabinets, stainless steel appliances and granite counter tops.
One bedroom is on the main floor with the other two on the second level.
There is also a 5×6 laundry room on the main floor.
But the real selling point of this penthouse are the FIVE indoor deeded parking spaces that are included in the price.
Are car enthusiasts the target market for this duplex?
Richard Lillie Jr. at Ascend Real Estate has the listing. See the pictures here.
Unit #906: 3 bedrooms, 3 baths, 2600 square feet, duplex up
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- I couldn’t find an original price
- Lis pendens foreclosure filed in October 2009
- Currently listed for $899,000
- Assessments of $1100 a month (includes cable, doorman)
- Taxes of $11,472
- 5 indoor parking spaces included
- Bedroom #1: 18×16 (second floor)
- Bedroom #2: 16×11 (main floor)
- Bedroom #3: 11×12 (second floor)
- Laundry room: 5×6 (main floor)
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What a dump. If the owner would clean up a bit and the realtor would take some pictures that don’t suggest that this is a foreclosure, they might have some interest. Nobody with 5 cars would live in these conditions. I’d rather live in my car.
As everyone here at CribChatter knows, pictures are SO important. I don’t understand why people don’t have them professionally taken. This is the #1 rule of real estate.
How much is it? Like $150- right?
Sabrina, it’s like $99 for pictures. I scratch my head every day about the realtors that people pick to sell their places. They have crappy photos, they don’t answer their phones, they aren’t the sharpest knives in the drawer, or they are just a-holes. I think some of it is that people feel compelled to use friends and relatives or someone they think “knows the neighborhood”, or someone who shows them meaningless statistics. Or maybe it’s the fact that there is no good way for the consumer to really know who’s a good realtor. It’s a mystery to me.
Crap all over the place, very personalized wall colors, and the focal point of the living room is a cold air return.
With 100% financing (I know, unrealistic) and 4.3%, the mortgage is about $4,500. Tack on another $2K for taxes as and assessment and you’re in for $6,500 per month. I don’t think I’d rent this place for $3,000 per month.
Redfin sez it was listed 6 months ago for $750k.
Is that a RF hiccup, or what?
Guess $900k properties don’t deserve anything better than smartphone shots — and the agent couldn’t even be bothered to wipe clean the lens. Why isn’t marketing a property this poorly a malpractice-like offense? I mean it’s a freaking $900k property! This isn’t some $50k rural dump that’s going to earn an agent less than $1000 commission…
“Guess $900k properties don’t deserve anything better than smartphone shots”
If it is correct that it was listed in March for $750k, it may be that the realtor is spending the appropriate time with what he deems to be a delusional seller.
“If it is correct that it was listed in March for $750k, it may be that the realtor is spending the appropriate time with what he deems to be a delusional seller.”
Then he/she should not have taken the listing. If you don’t think it’s worth your time why would you take it?
Those flip phone pictures are proof that the seller nor the realtor genuinely believe that this place will move for anything near ask. At least, borrow an iphone to take pictures.
Pretty sure that these were taken with an iphone…