It’s Back: 3-Bedroom Southport Vintage Cottage Lists for $899K: 1338 W. Grace
This 3-bedroom cottage at 1338 W. Grace in Lakeview’s Southport corridor came on the market in December 2023.
Built in 1891, the house is on a smaller than standard lot measuring 58×40. It has no back alley but instead, has a side driveway which is accessed from the street.
If this house looks familiar, that’s because we last chattered about it last year, in November 2022 and, prior to that, in February 2020, just as the coronavirus pandemic was about to hit.
Back in 2020, the house came on the market in February and was under contract within just 5 days.
See our 2020 chatter here.
In 2022, it came on the market when rates were around 7%. It did not sell and was withdrawn from the market just one month later, in December 2022.
See our 2022 chatter here.
This house has hardwood floors on both the first and second floors.
The first floor has the kitchen, the living and dining rooms, a family room and a full bathroom.
If you recall, the kitchen has wood cabinets, white quartz counter tops, a breakfast bar, a white subway tile backsplash and stainless steel appliances.
There’s an enclosed porch off the kitchen that can be used as a mudroom.
The family room has a wood burning fireplace.
All three bedrooms are on the second floor along with one full bath.
The primary suite has a walk-in-closet and the front guest bath has a closet which has been converted into a work-from-home space with a desk.
The house has an unfinished basement with the “possibility” to add another full bathroom. There are architectural and engineering plans already drawn up and are “happy to be shared.”
The house has central air.
The listing also says a carport, or similar structure, could be added by the next owner. There are 3 off-street parking spaces available. In the 2020 listing, it said that you could make as much as $3,000 from renting out the spaces for Cubs games. In this new listing it says “earn some bonus cash renting any of your three parking spots for 80+ Wrigley events a year.”
The house is in the Blaine school system, which is just down the street.
It’s near all the shops and restaurants (Dairy Queen) of Southport and is just a few blocks from Wrigley Field.
The house is now listed at $899,000, which is $20,000 more than last year when it was listed at $879,000.
The inventory in Southport is extremely low. There are no other single family homes priced under $1 million in the neighborhood.
You CAN get a new construction 3-bedroom condo just a few blocks away on Byron, which is the same 2300 square feet.
1511 W. Byron is on the market for $1,099,500. You can see that listing here.
Rates are still over 7% one year later but inventory is even lower.
Will this sell quickly this month?
Brad Zibung at Compass has the listing again. See the pictures and floor plan here.
Or see it at the Open House this weekend on Saturday, December 9, from 1 to 2 PM.
1338 W. Grace: 3 bedrooms, 2 baths, 2300 square feet, single family home
- Sold in April 1993 for $206,500
- Sold in September 2001 for $547,000
- Sold in August 2016 for $630,000
- Was listed on Feb 19, 2020 for $825,000
- Under contract on Feb 24, 2020
- Sold in March 2020 for $795,000
- Was listed in November 2022 at $879,000
- Withdrawn in December 2022
- Currently listed at $899,000
- Taxes are now $12,254 (they were $13,492 last year and $12,992 in February 2020)
- 3-car driveway (no garage)
- Central Air
- Wood burning fireplace
- Bedroom #1: 16×12 (second floor)
- Bedroom #2: 17×11 (second floor)
- Bedroom #3: 15×12 (second floor)
- Den: 12×11 (main floor)
- Living room: 14×13 (main floor)
- Dining room: 16×14 (main floor)
- Kitchen: 13×11 (main floor)
- Family room: 26×13 (basement)
- Storage: 10×6 (basement)
- Walk-in-closet: 9×8 (second floor)
- Mudroom: 12×6 (main floor)