Mid-Century Modern in Old Town Tries Again: 235 W. Eugenie
We’ve chattered about this 2-bedroom unit in the mid-century modern building at 235 W. Eugenie in Old Town several times.
See our June 2009 chatter here.
Originally listed 2 years ago, it has returned to the market again.
It is now listed for $17,000 under the 2004 purchase price and has been reduced by $41,900 from its original listing price 2 years ago.
While it doesn’t have central air, the unit does have an in-unit washer/dryer and the very prime, for Old Town, outdoor parking space (which is included in the price.)
Nick Patterson at Kale Realty still has the listing. See the pictures here.
Unit #T-4: 2 bedrooms, 1.5 baths, no square footage listed
- Sold in August 2004 for $385,000
- Was listed in March 2008 for $409,900 (included a parking spot)
- Reduced
- Was listed in July 2008 for $404,900
- Withdrawn
- Was listed in June 2009 at $384,000 (parking spot included)
- Withdrawn
- Currently listed at $368,000 (parking spot included)
- Assessments of $194 a month
- Taxes of $3,850
- No Central Air- window units
- Washer/Dryer in the unit
- Living room: 21×13
- Kitchen: 16×9
- Bedroom #1: 15×13
- Bedroom #2: 10×8
Half a block from North Avenue Beach? That’s kind of an exaggeration…
Why can’t the agent even have a photo of the second bedroom?
A few hundred dollars on some beige paint, a few plants, candles and pictures would make this place look alot warmer than white brick walls. LOL at the 0.5 blocks from the beach. Inner LSD is half a block from the beach.
I thought prices in Lincoln Park and Old Town never go down? ….
What is this world coming to?
Is that a wood stove? I’m surprised it isn’t mentioned in the listing.
1/2 block from the beach:
I gues realtards are now treating distance like square footage; something that they only need to estimate-and by estimate, they just make up any number they feal like to make the property look better.
If the beach is 1/2 block away, the the Clyborn redline stop is only a block away.
Looking at the map that is on the listings own website this place is approximately 1/2 mile away (or 4 times as far as claimed).
“this place is approximately 1/2 mile away (or 4 times as far as claimed).”
8 times. based on 8 standard chicago blocks to a mile. Higher multiple if you use a smaller block.
ok it’s not 1/2 block from the beach.
seems reasonable with given the low assessments and taxes and including parking. taxes seem too low though. what could the parking rent for around here? although i can’t figure out where i would keep my stuff in the bathroom.
I think it goes for around $355,000. The correction is reaching properties that are not the best in class in the neighborhood and for a specific unit size (ie 2 bedroom, 1.5 bath). Good to see overall.
“I think it goes for around $355,000.”
If it does, and assuming a full 6 year hold, their total cost for the place will have been about $2800/month, before considering income tax effects or any maintenance/improvements. Pricey.
“although i can’t figure out where i would keep my stuff in the bathroom.”
Or the kitchen for that matter. This looks like a rental to me.
“Why can’t the agent even have a photo of the second bedroom?”
because the room’s too small?
This place is NARROW! Man, some anorexic trust fund hipster kid is the only thing that’s gonna save this place from lis pidens
Great location, sub-par space, BUT it has parking, which is rare at this price in this neighborhood. Somewhere within 10% of ask doesn’t seem like a terrible deal to me. Compare to the place in Crilly Court at $525k. Similar locations (I like this location better because it’s off Wells a little bit). Crilly Court is bigger and nicer, but this place has parking. With those factors in mind, a $160k discount seems reasonable.
You can call it whatever you like but there is no mid-century modern appeal here, certainly not in those six uninspired photos.
Also I had no idea that North avenue beach was right on Wells st…
This realtor should have his shilling license revoked
“Also I had no idea that North avenue beach was right on Wells st…”
And that the Loop extends to north of Chicago Ave (“1mile from Loop”)! You live in the Loop, Sonies!
Also says it’s 1 mile to the loop. It’s more than a mile to Chicago Ave. I don’t get why the realtor would lie (with exclamation points!) about things that are so clearly false. Why don’t they just say it has three bedrooms and a jacuzzi?
“Why don’t they just say it has three bedrooms and a jacuzzi?”
And, of course, it has three parking spaces, because you could rent two more “only steps away”.
Comes with speedboat!
“Comes with speedboat!”
“With deeded slip access mere steps* away”
*under 200,000 steps. I’m sure of it.
“You live in the Loop, Sonies!”
And i’m only a half a block from Michigan Ave!!!
(lol)
Kale offers an MLS flat fee service. I don’t have any insight to this particular listing, but I would bet this is really a FSBO with the agent on the listing solely due to MLS requirements(?).
I dig the look and the location.
I wonder why the owner keeps withdrawing and relisting. Why not just drop the price, even if its in increments?
I couldn’t imagine the stress of trying to sell a home and it taking over 2 years. I really feel for a lot of these people. It just sucks.
Pretty damn boring
It looks pretty nice in the old virtual tour;
http://tours4.vht.com/Viewer/PhotoGallery.aspx?ListingID=1155941&Style=jri
Second bedroom open to stairs/hallway. Don’t know if that’s original, but looks like it’d be easy to close off. It also looks like there are balconies at each end of the upper level.
I’m wondering why it hasn’t sold in the years its been on the market too.
Pretty crappy for mid 300’s. I thnk closer to $320K sells this.
After looking at Sheridan B’s link I’d like to amend my comment from before. It’s not the photos that are uninspiring, it’s the condo. If this place commands a small premium to rental parity, the in-unit washer and dryer are the reason.
I think 320k is too low for this place. I like the location of it better than the Crilly Court unit since I prefer to be walking to Wells vs. right on Wells.
The location is great. In a better economy, with parking here I can see the 2/1 going for 380k. I base this on knowing that newer nicer 2/2s were over 400k. I still think they can get 360k if the seller is not in a rush. If the seller is in a rush, then my guess is that it will be down to 340-350k.
At the risk of repeating previous comments and of stating the obvious…the location is absolutely wonderful.
Big drawbacks for me are the HVAC ‘system’. Electric baseboard resistance heat is hands-down the most expensive method of providing heat in a home. A/C is provided by 3 window units. I can’t see schlepping window units in and out when you’re paying this kind of coin.
If the HOA would allow the unit owner to install a ductless mini-split system (providing the layout of the interior space is conducive to good airflow) then one could have a nice little efficient pied a terre in a fab spot of the city.
Is this the development that has an inner courtyard with a swimming pool? I’ve inspected a couple units here and there are, as I recall, some expenses down the road. That’s to be expected in a 40 year old development I suppose.
They aren’t window units but through wall units – this building was well known for incorporating them better than typical at the time it was built. Electric heat is evil – at least in Chicago where it’s pricier than gas and buildings not that well insulated.