Modern Mansion Directly On Lincoln Park Goes Into Contract After 3 Years: 2474 N. Lakeview
Most of us have probably passed by the 3-bedroom modern mansion at 2474 N. Lakeview in Lincoln Park at some point.
It is one of the few single family homes that sits directly on Lincoln Park.
The home has been for sale for over three years.
In that time period it was reduced just $875,000.
It has finally gone under contract.
Designed in 1991 by architect Perry Jenke, the glass and steel home has a 42 foot high center atrium. The listing says it was designed to display an art collection.
This sale, if it is completed, would be among the most expensive properties to sell in the city in 2009. Is this a sign that the luxury market is re-awakening?
Gayle Tepper at Prudential Rubloff has the listing. See the pictures here.
2474 N. Lakeview: 3 bedrooms, 3.5 baths, no square footage listed, 2 car garage
- I couldn’t find an original sales price
- Originally listed in June 2006 for $6.575 million
- Reduced in July 2008 to $5.7 million
- Currently still listed at $5.7 million
- Under contract
- Taxes of $36,465
- Third floor terrace
Well if this isn’t motivation to strive for the $1MM/year pay grade, I don’t know what is. Beautiful house. No comment on price, as a comp would be difficult to find.
Oh come on, what a SH^^ hole. And those taxes? That’s quite the monthly nut. I wouldn’t pay over $300,000.00.
Threadjack: You guys with “(TFO)” after your login…what does it mean?
Looks very… sterile. The SFHs on Fullerton are more my taste.
Also, I believe TFO = The First One.
Having seen this house in person, it is grossly out of place for the neighborhood. All of the surrounding homes are traditional old architecture.
This house is in a totally different league than the relatively cookie-cutter $3 MM homes elsewhere in Lincoln Park/Depaul.
The lot (though irregularly shaped) is, I believe the equivalent of a double lot or more, is located on the Park & lake front; I think the land alone would be worth 3 or 4 million. Then you have a house with unique, high quality architecture and finishes.
The taxes actually look quite low for the value of the house (other $5 MM homes in the city can have taxes approaching $100K)
If someone bought it for under $5 MM, they got a pretty good price.
TFO Does mean the first one, meaning I was posting as Jason and then somebody else started posting as Jason, so I refer to myself as the first one because I was here first.
This is a great place, I really need to get a second job….
I thought TFO meant ‘the f’in original’ as if everyone with the same name afterward was a poseur.
But back to the house…nice place, too bad the new owner will also have to wait over 1200 days for a buyer when it comes time to sell.
I would soooo get laid if I lived there.
Pimptastic house, I wonder if the furniture is included?
HD-Or that too.
“Well if this isn’t motivation to strive for the $1MM/year pay grade, I don’t know what is.”
Absolutely. I’ve passed by this house frequently over the last two years and wondered when it would finally sell. Top quality for a top price, but worth every penny.
Besides reduce 875k, I wonder what else they had to do to get the job done?
Does this place come with a few kilos of booger sugar? Looks like a miami coke dealer’s crib. That being said, I like it!
“The lot (though irregularly shaped) is, I believe the equivalent of a double lot or more”
Listing sez “48 X 100 X 125 X 18” where std lot is 25 x 125, so I’d guess more like a lot and a half.
Just checked the assessor’s site–it says the house sits on three PIN lots totaling 4672 (/(25*125) = 1.495) and the house SF is listed as 7396, which excludes any basements.
*Booger sugar* LOL!
“too bad the new owner will also have to wait over 1200 days for a buyer when it comes time to sell.”
Yeah i’m sure they are real worried about selling the place…
People live in homes like these for decades and pass them down through generations. What a stupid thing to say!
I believe that this home originally hit the market 4 or 5 years ago at something like $11 million, at the same time the Wrigley Mansion next door was also listed sporting an eight-figure price.
Sonies you are the king of moronic, uninformed and juvenile comments. You never disappoint. This thread in particular.
Nice deflection, you’re comment was still retarded.
Generations, Sonies??
Retarded?
Come on you can do better than that. Are you posting from your iPod on the jr. high school playground?
“Sonies you are the king of moronic, uninformed and juvenile comments.”
Nah, Sonies isn’t more than a Duke. Perhaps only a Marquis.
“posting from your iPod ”
If he’s posting from his iPod, he’s a frickin’ technical genius, so I’d lay of the nerd, HD.
“Generations, Sonies??”
Yes, if you knew any rich people instead of dealing with BK retards all day you’d realize that I speak the truth in this instance.
iPhone, iPod, whatever….
“iPhone, iPod, whatever….”
Are you implying Sonies may have stolen Russ’ wife’s iPhone?
This place is all about uniqueness and LOCATION.
I have no clue if 5mil or 10mil is a good price for this? its all about how bad someone wants it.
I know modernist thing is everything is white/neutral but to me it just feels to instatutional and cold. I want my home to feel warm, welcoming, and peaceful.
I feel compelled to say it’s not too difficult to post from an iPod touch. I suppose it would depend on whether the playground had Wi-Fi.
“I feel compelled to say it’s not too difficult to post from an iPod touch. I suppose it would depend on whether the playground had Wi-Fi.”
i have posted on CC from an ipod touch once at starbuck waiting for my wife to finish shopping.
“I suppose it would depend on whether the playground had Wi-Fi.”
Given my experiences with open wifi around Chicago, I pretty safely presumed there wasn’t any. Altho I’m certain that someone will now point to some playground somewhere with a robust, open network.
Whatever happened to Perry the architect? Looks like he cribbed his house design directly from Ron Krueck at Krueck & Sexton firm, his former IIT professor, who was designing homes exactly like this one at that time. New owner will forever be explaining “No Krueck didn’t design house, somebody Jenke did”. Suspect it will be forever known as a Krueck house once removed.
wonder who bought it. hopefully D Wade or LBJ.
D-wade recently purchased a 3000sqft townhouse in River North (Kinzie Park) for $1.4 million… seems like a sweet deal
http://blogs.bulls.com/chicago_bulls_blog/2009/08/dwyane-wade-buys-14-million-chicago-townhouse.html
This listing began in June 2006 at $6.95M, not $6.575M. Prior to that, it was listed from Feb 2003 to Jan 2004 for $9M.
The security system on this house is sick, the front gate is designed to withstand a Scarface type attack as the value of the art in this house was worth way more than the real estate.
Having a couch in your bathroom is the new killing it.
Perry Jenke is a very talented architect. He left the architecture firm after designing this house for a much better paying job in a related area. He is in his own league as is Krueck.
“Having a couch in your bathroom is the new killing it.”
Well its just mean to have your bathroom attendant standing all day and night now isn’t it? 🙂
Also in the bathroom photo, what is that black screen thing on the right? Are those butt cheeks? lol
its a mold of a human backside.
hopefully those are D wade’s butt cheeks