Nearly two years on the market for Gold Coast 1 bedroom
When a condo in a good location is on the market for over 500 days, you would think you would start looking at the price as the reason it’s not selling. Or, to be blunt, it’s priced too high. Still, sellers remain stubborn thinking this is 2005 instead of 2007.
Take listing #106 in 20 E. Goethe. It is a smaller vintage building in the Gold Coast that has coin laundry, no parking and semi-smallish vintage units (some are remodeled, some are not.) It’s the type of building you would buy in for a 20-something daughter right out of college who wants to be in a good neighborhood.
- Original list price: $270,000
- Current list price: $255,000
The unit was listed for over a year at $270,000. Obviously, the owner isn’t too serious about selling.
It has an interesting duplex down into the master bedroom and second bath. I don’t know the square footage but it’s not huge. It’s not a horrible set-up if you don’t care if you can open your bedroom windows (being that they are in the basement of the building). There are no pictures of the bathrooms in the listing but the kitchen is redone. It is one of the few units with a washer/dryer and two bathrooms.
Again, there is no parking with the building but there is parking in the neighborhood.