New Construction 4-Bedroom SFH in the Old Town Triangle: 225 W. Menomonee
This vintage 4-bedroom single family home at 225 W. Menomonee in the Old Town Triangle came on the market in July 2021.
I don’t know when this home was built as the listing is calling it “new construction” in 2021 but the home is landmarked.
It’s on a 25 x 104 lot.
The listing says it has been “completely renovated.”
It has new water service and plumbing, new wiring and foam insulation.
The living room has a Carrera marble-clad gas fireplace.
There’s a skylight over the dining room and a custom staircase.
The house has a “chef’s kitchen” with white custom kitchen cabinets with European hardware, built-in lights, Subzero refrigerator, Wolf range, quartz countertops and a large island with seating.
There’s a bedroom on the main floor and a half bath.
The second floor has three bedrooms and 2 full baths.
The primary bedroom has an en suite bath with marble tile, skylight, and a double vanity.
The lower level has a family room with a wet bar, beverage center and custom cabinetry.
There are two laundry spaces and 2 furnaces/ac systems.
The house has a natural stone patio.
What it doesn’t have is parking. The listing says that there is parking available to rent at the Chicago History Museum or through private parties in the neighborhood.
This house is near the shops and restaurants of Old Town and Lincoln Park.
Listed in July 2021 at $2.295 million, it has been reduced to $2.095 million.
Is this a chance to get “new” in a landmarked home and historic neighborhood?
Ilya Pisarenko at Core Realty & Investments has the listing. See the pictures here.
225 W. Menomonee: 4 bedrooms, 2.5 baths, 3300 square feet, single family home
- Sold in January 2018 for $670,000
- Originally listed in July 2021 for $2.295 million
- Reduced
- Currently listed at $2.095 million
- Taxes of $11,138
- Central Air
- No parking. Rental available at the Chicago History Museum.
- Fireplace
- Bedroom #1: 21×17 (second floor)
- Bedroom #2: 12×11 (second floor)
- Bedroom #3: 21×12 (second floor)
- Bedroom #4: 11×10 (main floor)
- Living room/dining room: 21×20 (main floor)
- Kitchen: 15×10 (main floor)
- Family room: 21×21 (lower level)
- Laundry: 4×3 (second floor)
- utility room: 8×3 (lower level)
- Walk-in-closet: 8×5 (second floor)
Facade is nice and an improvement over the original.
Cheaped out not running the pavers all the way to the house.
That’s not walnut flooring
At $2MM, I’d lose a little of the back yard for a garage and roof deck
Perfect home for the most vanilla UMC couple in America
^there is no garage because there is no alley…
Thanks, that would make it a little more challenging
$2m, and no coat closet?
“$2m, and no coat closet?”
And with that four-seat dining table, $2m and no friends.
“$2m, and no coat closet?” I know that this kind of entry (open the front door and you’re in the living room) is typical for these cool old places, but I agree that they could have tried to do *something* to create some kind of entryway. Even a half-wall with a couple coat hooks would help.
Not surprised they’ve reduced the price – think it will need to go lower still.
Listing claims 1350/floor, but the building footprint is ~1300, tops. Seems likely that the basement footprint is about 500. Deduct the lightwell from the second floor, and this is pretty well under 3000 sf, which isn’t too bad an exaggeration, but the smaller number better fits the compact feel of the pix.
The formal entertaining space (living / dining room) is cramped and unimpressive for this price point.
Wow, this has to be a joke right? $2M for no parking & poor person siding?
You must REALLY want to live in the city to buy this. Take half the money and move to Andersonville and get a two car garage. Take another half away and move to the burbs and get 2x the space.
“move to the burbs and get 2x the space”
Where’s the $500k, 6000 sf, suburban house, recently renovated, with comparable finishes? Muncie?
“$2M for no parking & poor person siding?”
Is all siding “poor person” or is there a particular brand? Asking for a friend.
It’s all poor person siding when the front is nice brick and the rest is siding.
how the fuck are those taxes so cheap
“how the fuck are those taxes so cheap”
Poor person siding, obviously!
I like vanilla and though I do have some friends, I like this place. I wouldn’t buy it but it presents very well.
“how the fuck are those taxes so cheap”
“Sold in January 2018 for $670,000”
They are obv a little low even for that, so [checking]
Taxes were $19,440 for 2017. Still assessed as a 2-6 unit apartment.
Appealed in ’18, and got the (normal) huuuge reduction for a vacant, under construction, property –tax of $6,870. Went up to $11k for ’19 and ’20.
Current proposed AMV is $940,010–probably mainly bc it’s still assessed as a 2-6 unit.
“It’s all poor person siding when the front is nice brick and the rest is siding.”
I’ve seen several brand new houses going up like that around the city. The worst are the ones where they have brick front AND back, but hardie sides.
It is just possible here that the OTT preservationists required siding, to be more consistent with the original. I mostly appreciate what they do there, but sometimes it’s just dumb.
Poor person siding (now its official name) is totally acceptable in lower cost housing and areas where one exposure would not be suited for siding. However, when a house is trying to get more than $2 MM, I expect brick to extend throughout the entire exterior.
You could have https://www.redfin.com/IL/Chicago/27-W-15th-St-60605/unit-C/home/12763930 for half the price and brick on two sides.
“Where’s the $500k, 6000 sf, suburban house, recently renovated, with comparable finishes? Muncie?”
I was mostly referring to outside space and a large garage. 4,000sqft with better schools & safety can be found in many decent suburbs.
“Is all siding “poor person” or is there a particular brand? Asking for a friend.”
Yes, I feel non brick siding like that is nuts on a $2M place.
Here’s a few comp examples for families:
– My sister bought a SFH for $1.1M in Andersonville. All brick, 4 bedroom, 3.5 bath, very nice finishes, 2 car garage, etc. Not by choice, but okay value.
– Close buddy bought a place for $1M in Naperville, it’s enormous, 3 car, and few blocks from downtown Naperthrill with access to great schools. Will be great for a family.
– Another friend got a house in Darien Club (4k sqft) for under $600K, it’s about the same size as the Naperville one but at Darien prices in a very nice neighborhood.
“You could have [Dearborn Park] for half the price and brick on two sides.”
Or this with poor person siding for over 90% less:
https://www.redfin.com/IL/Chicago/630-W-Englewood-Ave-60621/home/25692205
And there’s space for a garage, and taxes are cheap!
“a house in Darien Club”
Yes, this:
https://www.redfin.com/IL/Darien/1633-Clare-Ct-60561/home/18010098
is huge and fairly cheap, but is a tragedy of late-90s builder grade finishes.
I want my kitchen and baths to be nicer than that, and from this century, please, in order to comp to this place.
This place is tiny. There’s nowhere to even put a dining room table, and the LR is squeezed. Not sure how they can justify this sort of asking price, despite the good location. I can’t believe someone would pay much above $1 million.
“This place is tiny.”
I just don’t understand the fireplace. It really takes up far too much room, unless there are structural components hidden behind the marble.
The original common brick is on the first floor. I’ve also seen plenty of houses where they’ve tried to add some old common brick to match and it looks like crap.
Relisted for $2,149,000
Sold in Sep-22 for $2.01m