Looking for a 2-Bedroom Lincoln Park Loft Under $370K? 2750 N. Wayne
If you saw the recent episode of House Hunters with the Chicago couple looking for a 2/2 with a $400,000 budget, you would have recognized this loft building at 2750 N. Wayne in Lincoln Park.
The 2/2 on the episode actually just sold on December 1, but there is another 2/2 still listed, Unit L.
It is also a duplex up with the master bedroom on the second floor along with an 18×18 private deck.
The unit has concrete ceilings.
The kitchen has maple cabinets, granite counter tops and stainless steel appliances.
The loft has all the features buyers are looking for including central air and washer/dryer in the unit. 1 car indoor parking is included in the price and a second spot is available for an extra $25,000.
The loft featured on the House Hunters episode sold for $365,000. It was a short sale.
You can see the interiors in the video here.
The loft currently on the market, Unit L, is listed $25,000 above the 2002 price also at $365,000.
Is this a decent deal for a 2/2 with parking in this location or is this selling for under the 2002 price?
Stephanie Cutter at Coldwell Banker has the listing. See the pictures here.
Unit #L: 2 bedrooms, 2 baths, no square footage listed, duplex up
- Sold in April 2000 for $274,500
- Sold in April 2002 for $340,000
- Originally listed in October 2011 for $375,000
- Reduced
- Currently listed at $365,000 (includes one parking space; second available for an extra $25,000)
- Assessments of $274 a month
- Taxes of $5406
- Central Air
- Washer/Dryer in the unit
- Bedroom #1: 15×11 (second floor)
- Bedroom #2: 14×12 (main floor)
- Deck: 18×18 (second floor)
Yes, I saw that episode and didn’t like the other unit when they toured it. Which did they end up with? The Duplex Down with the “dream master shower?” The husband kept harking on the f-ing shower.
I think I like the layout of unit M more. This unit seems cramped and I don’t like the windows being up so high.
The kitchen looks dark and depressing. I couldn’t use it; I’d have to eat out every night.
Was that the episode where the unit looked into an alley, but if you peered out at a certain angle, you could see part of a tree? …and the guy was really excited about seeing part of a tree?
(It seems like there have been several episodes of Chicago House Hunters lately.)
Jenny,
That was the episode but I can’t remember which home they picked.
I don’t understand why people who aren’t wealthy enough to a beautiful old house are drawn to Lincoln Park. $365k for this? You could do better almost anywhere else in the city. Sure, I would love Lincoln Park if I could afford a grand old home, but I don’t understand why middle class people buy places like this at such a premium.
I haven’t looked at the interior photos, but with an exterior like this, and a dull location to boot, I don’t feel the need to.
I just watched this one on DVR a couple nights ago. They took the unit behind the Lakeview Funeral Home that had three flights of stairs and a shared deck that looked out on that ally.
Thanks EB!
Did this used to be an elementary school or something? Who would pay that much for this dump?
First thing I thought, Pete. Looks like a 1950’2 elementary school.
2 garage spaces and a very good neighborhood. I have to think that will entice someone. Interior is definitely depressing though. I’ll guess $327,500.
That master bedroom looks like it was replicated from some eastern european soviet era apartment building. Depressing.