
Many of you will remember this 2-bedroom townhouse at 1732 N. Mohawk in Lincoln Park because we chattered about it several times in 2011.
We last asked if it would sell in 2011.
The answer was “no.”
See our December 2011 chatter here.
It was reduced down to $375,000 or $2,500 under the 2002 purchase price but then withdrawn.
Given that it was actually the back unit in this complex (and NOT the front one shown in the picture), some of you thought it would sell for closer to $325,000.
Some of you also theorized that the 2-bedroom market in the GZ was dead and wouldn’t recover for years.
But that was then and this is now.
The 1500 square foot townhouse came back on the market listed at $429,000, or $54,000 more, than 2 years ago.
The listing said, “won’t last long at this price.”
It went under contract nearly immediately.
You’ll recall that the townhouse has the living/kitchen area on the main floor, 2 bedrooms on the second level and then a den on the third level with skylights.
It also has a 300 square foot private rooftop deck on the third level.
There are hardwood floors on the main level and both bedrooms have new carpet.
The kitchen has maple cabinets, stainless steel appliances and granite counter tops.
Built in 1988, it has central air and 2-car tandem parking.
Is there really any doubt that all those accidental landlords should be listing their properties right now?


Long Barnes at Urban Domain now has the listing. See the pictures (again- as they’re the same pictures as the 2011 listing) here.
Unit #C: 2 bedrooms, 2.5 baths, den, 1500 square feet
- Sold in September 1992 for $208,500
- Sold in June 1994 for $218,500
- Sold in May 2000 for $306,000
- Sold in October 2002 for $377,500
- Sold in August 2005 for $499,000
- Sold in April 2006 for $499,000
- Originally listed in November 2009 for $519,000
- Reduced
- Was listed in April 2011 for $439,000
- Reduced
- Was listed in May 2011 for $435,000 (includes 2-car tandem parking)
- Reduced
- Was listed in August 2011 for $400,000 (includes 2-car tandem parking)
- Reduced
- Was listed in December 2011 for $375,000 (includes 2-car tandem parking)
- Withdrawn
- Recently re-listed at $429,000
- Under contract within days
- Assessments still $100 a month
- Taxes now $7321 (they were $6435 in December 2011)
- Central Air
- Private Roof Deck: 18×17
- Bedroom #1: 15×12 (second level)
- Bedroom #2: 11×10 (second level)
- Den: 11×10 (third level)