Live Within a Block of Lincoln Park in a 2-Bedroom Rowhouse Condo: 319 W. Webster
Several of you were chattering about this 2-bedroom duplex “rowhouse condo” at 319 W. Webster in Lincoln Park on another thread.
It is just half a block from Lincoln Park, “steps” to the zoo, and near the restaurants and amenities on Clark.
The 2 bedrooms are on the main level with the living areas on the upper levels.
The kitchen has upscale finishes including a Viking stove and Miele dishwasher as well as granite counter tops. The listing says it also has solid oak doors and a balcony.
The unit has the features that buyers look for including in-unit washer/dryer, central air and a coveted parking space.
Although it doesn’t have the full 2 bathrooms (just 1.5 baths), will this unit still command over $400,000 because of its location?
Sharon Glickman at Baird & Warner has the listing. See the pictures here.
Unit #1: 2 bedrooms, 1.5 baths, no square footage listed, duplex up
- Sold in September 1999 for $340,000
- Sold in March 2004 for $399,000
- Listed in October 2011 for $449,000
- Currently still listed at $449,000 (includes parking)
- Assessments of $327 a month
- Taxes of $3349
- Central Air
- Washer/Dryer in the unit
- Bedroom #1: 10×16 (main level)
- Bedroom #2: 15×11 (main level)
a little too much vintage left in this guy, nice location though
Unless you own the whole rowhouse, who cares if it’s a “rowhouse” condo. A condo is a condo. And given that the first level is sunken (or at a minimum, street level), how is this a duplex up? It’s not.
nope, too creepy to be on the first floor and the kitchen is gross/dated. Cherry and granite are sooo 2007
Well, I think it looks nice enough for the price point.
Four responses already and not a comment about the crib? I’m shocked. Must be because it doesn’t have the child’s name in block letters on the wall.
@ chi-dad, I think the crib is not in use at all. There are no sheets/covers and there is nothing on the changing table.
Well shit, I think it’s a pretty nice unit 375-400 sounds reasonable.
I think it’s nice too.
This one’s tricky.
The location is hard to beat, it’s good sized, charming, has a deck and a garage space. It’s arguably nicer than the recently discussed atrium unit on Clark, and certainly nicer than the units at Grant and Clark and Belden and Clark (all of which were cheaper, though they all had at least two full baths).
Personally, I wouldn’t want to be at or near ground level (of course, that shouldn’t bother most of the SFHofiles on here who dream of having a home that’s accessible at or near the ground level), but I’d say that the main challenge is the bathrooms. One full plus a powder room is doable, and it’s vastly superior to a single bath (see, e.g., the place discussed yesterday), but a lot of folks need two full baths (many childless couples would, as would the one-child family who might otherwise like this place for the park/Lincoln attendance value).
The right two – and possibly even three – person family, who can live with the bathroom situation in exchange for everything else this place seems to offer, is out there. Recent comps (adjusted to reflect aspects of this place that are superior to the would-be comps, as well as the ground level and 1.5 bath downsides) would appear to make this place a reasonable bet at $425k(ish).
perfect for single Junior Leaguer still in husband-seeking mode.
Dow down another 200, China approaching a very hard landing and the eurozone about to not only break apart at the seams but the very center after failed german bond auction. 1999 price looks about right for 2012. Lower in 2013.
Bob, are you talking about a sprawling lakefront estate up on the north shore? Because the indicators you list simply aren’t material factors with respect to the subject property and the downpayment/savings/portfolio health of most potential buyers of the subject property.
I looked for comps, but couldn’t find any to support a LP 2/1.5 condo w/parking. Based on prior sale amount and date, I’d think it’s worth closer to $350,000 – which is still a stretch for the unit’s SF, shower count, and subgrade bedrooms. No basement; if those bedroom floors aren’t retrofitted w/radiant heat, then cold floors are to be expected.
umm where is the bath tub?
I would RENT this place in a heartbeat, cant say i would buy it
Architect: “I looked for comps, but couldn’t find any to support a LP 2/1.5 condo w/parking.”
Well, now there is a comp, because this place has sold.
“Well, now there is a comp, because this place has sold.”
Okay, it sold. Now we can start comping it to … oh, wait, we don’t know what it sold for. Not a very useful comp.
Word on the street is that it sold for a bit less than my predicted price, but far more than Architect’s. The upper end of Andy’s was closest, but as his range reached down near Architect’s territory, I fancy myself as having come in closest.
still WHERE IS THE BATH TUB?
” I fancy myself as having come in closest”
Don’t we follow Price Is Right rules around here?
You forced me to look–$410, sez RF.
“still WHERE IS THE BATH TUB?”
No tub, Groove. Just a shower, sink and toilet shared between the two bedrooms on the ground floor, with a powder room upstairs. There’s always the fountain over in the park.
“No tub, Groove. Just a shower, sink and toilet shared between the two bedrooms on the ground floor, with a powder room upstairs. There’s always the fountain over in the park.”
i still like the place to rent but if i was to buy i would need a bigger discount to ruin that nice bath to add a tub.
410k its a one to tough call considering its location, nice finishes, PARKING, and first floor oddity.
i am torn?
Groove, it sounds like you haven’t ruled out making a return to the traffic-jam that is LP. Do it! If you move back, I’ll even lend you one of my fleece vests.
If i end up working in the loop then i will revisit the idea and borrow your northface jacket.
I will need a running buddy, i run at night though.
“: i run at night though”:
yeah, I bet you do……