Looking For That 3-Bedroom in East Lincoln Park for Under $600K? 2337 N. Commonwealth
This 3-bedroom top floor unit in the midrise vintage courtyard building at 2337 N. Commonwealth in East Lincoln Park just came on the market.
The building has an elevator, so it’s not a problem being on the 5th floor.
The listing says the unit has “lake views.”
It has the original hardwood floors and plaster moldings.
The kitchen has cherry cabinets and stainless steel appliances with a large kitchen island.
In the pictures, there is a smaller, two person, table and chairs in the kitchen but there is also another room which is open to the kitchen with draperies and a baby’s room.
Is this really an eat-in kitchen converted to a baby’s room? (and the third bedroom?)
There doesn’t appear to be a closet in the area designated as a third bedroom ( at least according to the floor plan in the listing.)
The unit has an in-unit washer/dryer but there is no central air (it is window units only) and there is no deeded parking. It is leased across the street.
The listing says this unit is in the Lincoln school district.
It is listed $19,900 above the 2006 purchase price.
Will it get the premium in this hot market for buyers looking in the Lincoln school district?
(And is this really just a 2-bedroom?)
Heather Hillebrand at Dream Town has the listing. You can see the pictures and the floorplan (yay!) here.
Unit #5E: 3 bedrooms, 2 baths, no square footage listed
- Sold in December 1990 for $190,000
- Sold in June 1996 for $212,000
- Sold in February 2006 for $555,000
- Currently listed at $574,900
- Assessments of $600 a month (includes heat, cable)
- Taxes of $6809
- No central air- window units
- Washer/Dryer in the unit
- Parking available for lease across the street
- Bedroom #1: 16×11
- Bedroom #2: 16×11
- Bedroom #3: 12×9
- Kitchen: 16×9
That is SO not a bedroom. I can understand why they’ve configured it that way with a kid (sort of — might have been better to move the office back there), but they’re actually doing themselves a huge disservice by marketing this as a three-bed. Anyone actually looking for/needing three bedrooms would be sorely disappointed.
Ha! There was a short sale in this building a couple years ago for mid $300’s I think? We chattered about it. I called and called the listing agent and never got a response but did talk to the building manager walking by one time. We loved the location and size, and the fact that it was in Lincoln school district. But no a/c, parking (I think you rent in the high rise across the street if I remember correctly?), outdoor space, or washer/dryer in that particular unit would have probably been deal breakers. To see this listed for $200K more is laughable.
I wish more realtors presented a unit like this. Whenever I don’t see floorplans and virtual tours, it makes me wonder if the realtor is either lazy or trying to trick buyers.
Is no parking still that much of a deal breaker for buyers? A lot of businesses deliver and there are zip cars for the places that don’t
I’m shocked that this unit is described as three bedrooms. The third “bedroom” is really a breakfast room, isn’t it? Off of and open to the kitchen. No closet either. Odd place for a full bath, too, a half bath would be more appropriate. It looks like “lake views” have been removed from the listing. So really it’s a 2/2 with a dining room and a breakfast room, 2 full baths but no master, and one of the baths is miles from the bedrooms. No parking, no AC, and apparently no views. Beautiful building though. IMO, $450k. I’m going to watch this one to see if I’m right. As I look at these properties I keep thinking that there are SO many nice properties out there. Buyers can do direct comparisons, anything which is overpriced and/or lacking features will not sell. This property is not unique right now. Maybe in a tight market it would be, but definitely not now.
Nice looking unit and great location. I like the fact that it’s sunny and light inside. However, no central air and no parking are issues, although the leased parking should be fairly simple across the street. And if it has lake views, why no photos of such?
An eat-in kitchen is not a bedroom. In realtor math, the two-bedroom house I grew up in was a 6-bedroom mansion.
The broker and seller are making a big mistake marketing it as a 3 bed. It should be marketed as a big two bed with a family room. They would do well to change the listing before it air-conditioning season begins.
Ha! There was a short sale in this building a couple years ago for mid $300?s I think? We chattered about it. I called and called the listing agent and never got a response but did talk to the building manager walking by one time. We loved the location and size, and the fact that it was in Lincoln school district. But no a/c, parking (I think you rent in the high rise across the street if I remember correctly?), outdoor space, or washer/dryer in that particular unit would have probably been deal breakers. To see this listed for $200K more is laughable.
Really? There was a home down the street from me that was a foreclosure. Decent American Four Square in need of some love. It sold for $230K. A similar home a few houses down sold about six months later for $550K.
“That is SO not a bedroom.”
Ok, even with the comments, I wasn’t expecting *that*. Put up some curtains to separate a portion of a room off, and call it a bedroom??? Seriously?
Sure, it was most likely originally a maids room, but reconfiguring the walls, and opening things up puts that into the past.
Should be marketed as a large 2 bed + den, or maybe switch that dining room into a bedroom?
You guys should see the two extra walk-in bedrooms my master bedroom has!
http://gizmodo.com/5992409/we-all-want-to-live-in-monacos-odeon-tower-but-were-all-too-poor
Is it just me, but for 330 million do you really want a slide in your pool like it was HD’s back yard above ground.
The floorplan–ouch. Gives me a headache because I want so badly to reconfigure rooms. Visitors must crowd into the living room, then shut the door in order to put coats in the closet because of the confined foyer space. Zigzag through the dining room to haul groceries into the kitchen. No ensuite bath for the master. Walk through three rooms to answer the baby’s cry at night.
“Third bedroom” was the former undersized maid’s room, which had it’s own small bathroom. Kitchen was gutted and combined with former maid’s room to create an eat-in kitchen. “Table area” is now baby’s nursery.
Put a crib in the breakfast nook and suddenly it’s a bedroom? LOL! Thankfully there is a floorplan or else lots of people wanting 3 actual bedrooms would waste their time and the reators’ times looking at this.
3/2 in the same building sold for $305,000 as a short sale.
http://www.redfin.com/IL/Chicago/2341-N-Commonwealth-Ave-60614/unit-2B/home/12557163
Was on the 2nd floor, and didn’t have a “view of the lake” (any bets on what this view actually looks like?); No in-unit w/d. Other non-short sale 2/2’s in this building trade around 320k…without “views of the lake”
I’d like to be kind, but anyone who would pay $550k for this is gonna need a lot more than a Lincoln school education to compensate for the feeble-mindedness they’re likely passing on to their kids…
The third bedroom behind the kitchen was a maid’s bedroom, which is typical of buildings of this vintage. As far as I’m concerned, it isn’t a real bedroom.
If you click on the virtual tour tab, it brings up a company Vis-Home, which seems to have reasonable pricing for its services, in the subject’s case less than $200? Did I get that right?