One of the Cheapest SFHs in Lakeview Reduces Another $20K: 3352 N. Marshfield
We’ve chattered about this 3-bedroom house at 3352 N. Marshfield in Lakeview several times since it came on the market in March 2011.
See our July 1, 2011 chatter here.
In July, the house had reduced $30,000 to $469,900 but most of you thought it was still overpriced.
Most of the guesses were around $375,000 being the actual selling point.
Since then, the house has reduced another $20,000 to $449,900.
If you recall, the house is steps to the Whole Foods, Wishbone and assorted other restaurants, bars and activities in the neighborhood.
The listing describes the property as a “unique 2-story contemporary” with an open loft like first floor layout.
The second story was added 19 years ago and that’s where all 3 bedrooms are located.
There are skylights.
One bathroom is on the first floor and one on the second.
Built on a 71×25×58 lot, it has a 1-car attached garage and central air.
Is everyone still sticking with $375,000?
James Miller at Direct Broker still has the listing. See the pictures here.
3352 N. Marshfield: 3 bedrooms, 2 baths, 1927 square feet, 1 car garage
- Sold in May 1992 for $98,500
- Was listed in March 2011 for $499,900
- Reduced
- Was listed in July 2011 at $469,900
- Reduced
- Currently listed at $449,900
- Taxes of $7861
- Central Air
- Bedroom #1: 16×12 (second floor)
- Bedroom #2: 13×10 (second floor)
- Bedroom #3: 10×8 (second floor)
Sabrina-Thanks I can do some last minute xmas shopping at this house’s garage sale.
350 at this point.
Terrible, short lot. 200K? maybe
And the award for most cluttered home featured on cribchatter goes to…
350k maybe.
“Terrible, short lot. 200K? maybe”
At $200k, as an open market offer, there’d be competing bids as a decent rental property.
^that’s a fair point. I was thinking this is a teardown, but perhaps not.
Is this “house” tenant-occupied? Degree of clutter and disorganization suggests occupant isn’t interesting in cooperating w sales effort. It’s an unfortunate property that probably would show much better as a white-painted empty shell.
I actually like this location – I like that intersection at Paulina, Roscoe, and Lincoln.
But this house is ugly! Clear the clutter and the interior would look “okay.”
But the outside – wow. I wonder if there is anything that can be to change the look of the outside? really in need of some “curb appeal”
“But the outside – wow. I wonder if there is anything that can be to change the look of the outside? really in need of some “curb appeal””
Bust out the glass block, maybe expand, and replace it with an actual picture window? Not sure on the cost and feasability.
A bar near me recently expanded their windows. Brick structure. Outstanding improvement.
Somebody loves the sofas in this place and wants to be sure we see them at every angle! Geez, not a single bath photo, and nothing of the deck. When are agents going to realize that people are making first cuts on properties based on the photos in the listing?
Looks like it used to have a store in the front.
Awesome location. Maybe it could have a store again?
Brick structure steps to the EL in a nice area.
“A bar near me recently expanded their windows. Brick structure. Outstanding improvement.”
Millie’s?
““unique 2-story contemporary””
Yeah but not in a good way.
“Bust out the glass block, maybe expand, and replace it with an actual picture window? Not sure on the cost and feasability.”
Probably the best way for an investor/rehabber to improve this.
Also they could take the tarp off of what is clearly a jacuzzi on the upstairs deck. Or even take some effort and photoshop the tarp out for those too lazy to take a pic.
It’s still a dump on the inside and it has no windows. I do t see much of a market for Pigpen’s stabb’n cabin over $250,000 and agree with most that $200,000 is probably the magic number.
200k…. Wow are you people in a Scrooge mood this week! Assuming that there are no structural defects that is nuts. While I agree that the place needs some work, modernization, and curb appeal improvements it is a far better option than almost any 200k condo in that area. If it went ANYWHERE near that number it would become the cash flow deal of the week.
Still think that it trades well above $250k.
“But the outside – wow. I wonder if there is anything that can be to change the look of the outside? really in need of some “curb appeal””
A few pricey, but relatively simple, modifications would make a huge improvement. Namely you’re going to be knocking out a lot of brick and probably adding some steel if you go big enough (unless the frontage used to be a garage as the lintel work might suggest, then its probably buried in there already)
Yeah curb appeal will help but I’d
1. Get the lr/dr/kit floor on one style
2. Modify the railings on that staircase and outdoor terrace
3. start over on the kitchen
4. Fix the baths. No photo means they must suck
Just clearing out the clutter would add $30-40K to everyone’s mindset. I mean, the owner couldn’t even take the duffle bag off the kitchen island? That said, this place looks dark. I could not live there without adding a couple windows and changing the front from block to clear glass. I am very curious about the bathrooms. I am thinking most likely scenario is someone pays around $250-260K and puts another $120K into it.