Old Town 3-Bedroom SFH Restored to Perfection Reduces $130,000: 1836 N. Lincoln Park West
We last chattered about this historic 3-bedroom single family home at 1836 N. Lincoln Park West in Old Town in July 2013.
See our prior chatter here.
At that time, most of you were in love with the house but a few thought that it was overpriced at $1.729 million. An “Old Town bubble” was mentioned.
But at $1.5 million, some of you thought it would sell quickly.
6 weeks later, the house is still available and has just been reduced $130,000 to $1.599 million.
If you recall, it has an old pedigree. It was built in 1876 for Charles Wacker on a smaller than average Chicago lot of 28×110.
The house has a 1-car garage and a brick patio in the backyard.
The listing says it has been “restored to perfection” yet many of its vintage features remain including the original moldings, shutters, staircase and Tiffany stained glass windows.
It last sold in 2008 “as-is”, but back then it was a 4 bedroom with only 1.5 baths. It is now a 3-bedroom with 2.5 baths.
All 3 bedrooms are on the second floor and there’s now a master bathroom as well so it seems that the 4th bedroom was sacrificed for the bath.
The old listing said the home could be expanded to 5 bedrooms (probably by putting bedrooms in the basement.)
The kitchen has modern brown cabinets with stainless steel appliances and some kind of grey countertops (concrete or stone?).
The house has central air.
Is the size of the house the sticking point at this price?
The listing now simply says “home can be expanded.”
Daniel Pape at Hudson Parker Realty still has the listing. See the pictures here.
1836 N. Lincoln Park West: 3 bedrooms, 2.5 baths, no square footage listed, 1 car garage
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- Sold in July 2008 “as-is” for $950,000
- Was listed in July 2013 at $1.729 million
- Reduced
- Currently listed at $1.599 million
- Taxes of $15333
- Central Air
- Bedroom #1: 14×13 (second floor)
- Bedroom #2: 13×12 (second floor)
- Bedroom #3: 14×9 (second floor)
- Office: 9×8 (main floor)
- Family room: 17×15 (lower level)
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Getting into the ballpark now. I still say $1.3-1.5mm is final closing price.
Wow, the crack in the plaster in picture #22 is something special.
I’m not sure this home can be expanded that much in the rear. Maybe can add 300 square feet?
“I’m not sure this home can be expanded that much in the rear. Maybe can add 300 square feet?”
Big enough for a master bedroom on the 2d floor. But yeah, can’t imagine more than that.
Any chance a partial 3d floor is addable?
Nice location. What’s with the doors in the dining room? Parking situation is strange. Overpriced.
“I still say $1.3-1.5mm is final closing price”
Apparently, $1.522.