Looking for New Record High Price in East Lakeview: A 5-Bedroom at 443 W. Aldine
This 5-bedroom top floor vintage unit at 443 W. Aldine in East Lakeview recently came on the market.
If it looks familiar, that’s because it was actually on the market for most of 2014 without selling.
It is a full floor unit in a 4-unit elevator building that was renovated into luxury condos in 2010-2011.
The kitchen has wood cabinets with commercial grade stainless steel appliances, granite counter tops and a kitchen island.
The baths are Carrera marble.
There’s a wood burning fireplace and crown molding along with modern features like central air and in-unit washer/dryer.
At 3600 square feet, it’s as big as some single family homes.
Being on the top floor it also has roof rights but nothing is built up there yet. The listing simply shows some renderings.
It has a 1-car garage plus one outdoor parking space.
Unit #2 in this building “sold before print” in June 2015 for $1.335 million.
This unit tried to get as much as $1.795 million in April 2014 but has come back on the market at $1.549 million.
We last chattered about this building in 2011 when it was just converted and many of you thought the prices being paid back then (around $1.4 million) were insane. See our chatter here.
That was 4 years ago. Prices have since moved even higher.
Will they get this even higher list price?
Steven Acoba at Keller Williams has the listing. See the pictures here.
Unit #4: 5 bedrooms, 3 baths, 3600 square feet, top floor
- Sold in February 2011 for $1.45 million (although I can’t find it in the public records- but this is what was on Cribchatter in 2011)
- Originally listed in April 2014 for $1.795 million
- Reduced
- Withdrawn in February 2015 for $1.495 million
- Re-listed in December 2015 for $1.549 million
- Assessments of $462 a month (includes parking, exterior maintenance, scavenger, snow removal)
- Taxes of $18091
- Central Air
- Washer/Dryer in the unit
- 1-car garage parking and 1 outdoor parking space
- Wood burning fireplace
- Bedroom #1: 14×19
- Bedroom #2: 14×14
- Bedroom #3: 14×13
- Bedroom #4: 14×13
- Bedroom #5: 15×19
- Gallery: 4×45
Lots of annoyances with the way that this is listed, but it’s obviously a very nice property. Style is definitely all over the place but not like you can’t fix it if you want. Taxes are obviously going up a bit from where they are. Some people won’t like the format with a small association, but it probably sells pretty quick this time. Only real problem is that you’re looking for a relatively specific buyer, and they may be just over where they need to be in price. 635 W. Briar 4 is more than 30% cheaper and has the styling that people are probably more used to. 630 W. Wellington 1E is more of a big nice standard condo but both the properties are a couple blocks west, which is more where people desire to be in this neighborhood, anonny will surely tell us.
I am curious about what unit 1 eventually went for…
Nice. Maybe if the boob tube weren’t hanging over the fireplace, it would have sold by now.
“I am curious about what unit 1 eventually went for…”
Looks like $355k, in Aug-11.
635 W. Briar 4 seems pretty dull in styling. This unit certainly has much nicer millwork and more attractive bathrooms.
I am sorry but ugh. Black paint. Trying to ride every trend instead of showcasing vintage elegance. Which is pretty much gone. Kitchen with red backsplash is horrendous. Sorry. Ugh.
“I am sorry but ugh. Black paint. Trying to ride every trend instead of showcasing vintage elegance.”
Black is in? I’ve seen very few truly black walls in Chicago, even in the high end.
Dark gray- yes. But even that is pretty rare. Most Chicagoans don’t have the guts to go dark.
“Most Chicagoans don’t have the guts to go dark.”
Or because it’s not practical. It’s dark enough during winter here that I don’t want or need dark rooms.
Sort of like how in warmer climates people have tile floors all throughout their homes, but in chicago, you’ll see it in the kitchen and bathroom only. It’s not practical to have cold tiles in your bedroom!
“I am sorry but ugh. Black paint.”
It looks to be a velvety wall covering to me. You can almost see a seem just to the left of the art work.
I kind of like it. It’s only in the entry foyer and not throughout the house.
Those roof photos are fake right? They cannot be serious. If they’ve been utilizing that roof as if a deck were actually on it and the roof springs a leak, the association should make them pay for it (and then some since water damage very rarely sticks to the area where the leak occurs).
“Those roof photos are fake right?”
Yes, very, very fake. The 2d one much more obviously than the first.
We were pretty amped about our “exclusive roof rights” in ELP when we were considering the place and for the early portion of our time living in it. Alas, we didn’t build anything, just as the previous owners hadn’t, nor did the other neighboring upper-floor units with such rights. I think our buyer was (understandably) jazzed too, but I doubt there’s a deck up there yet.
I lucked out with a house – -we had to rip the roof off anyway and decided to find a roofer who was willing to do the roof and the deck and still give us a warranty on the roof. How does one put a deck on an existing roof without either voiding the warranty on the roof or taking the risk that they will have to rip up all or a portion of their deck for repairs down the road?
“How does one put a deck on an existing roof without either voiding the warranty on the roof or taking the risk that they will have to rip up all or a portion of their deck for repairs”
You have to ‘float’ it, right? And then you still risk voiding the warranty.
And no matter what with a roof deck, if you need repairs, you need to rip up part of it.
I have a roof deck and I’m always surprised at how many people on our block have roof decks that they NEVER use. We are up there pretty much every night (that we’re home and it’s not raining) from early May through late October (this year, through mid-November), and we have friends over to BBQ most weekends. But all the neighbors’ roof decks are empty most of the time.
“Alas, we didn’t build anything, just as the previous owners hadn’t, nor did the other neighboring upper-floor units with such rights. I think our buyer was (understandably) jazzed too, but I doubt there’s a deck up there yet.”
There never is. That’s what’s so funny about “roof rights.” No one ever builds it.
You know why? Because when you’re confronted with the $50,000 bill to do so you basically say, “nah, don’t need that right now.”
I once looked at a loft in the west loop like 15 years ago. They had roof rights and they even got an architect to come in and draw up plans about what you could do and what it would look like. I never bought that loft.
10 years later, it came back on the market. Sure enough, there was still no deck up there. And the listing noted that there were “architect plans” for it. Lol. Were they the SAME plans? I don’t know but I’m betting they were.
At least this condo is at a price point where it’s possible the buyer might actually have the extra cash sitting around to do it. But who wants to? It’s the same as landscaping one of those super huge concrete terraces on high rise buildings. Could you spend $50,000 to have professional landscapers come in and make it all pretty? Sure. Will you? Nope.