Crib Chatter

This vintage 2-bedroom at 3534 N. Lake Shore Drive in East Lakeview came on the market in June 2023.

Built in 1924, 3534 N. Lake Shore Drive was designed by Rissman and Hirschfeld and has 164 units. There are just 2 units per floor.

The building has an exercise room, a laundry room, two shared courtyards, a dry cleaner, a bike room and an on-site engineer/manager. There isn’t door staff or parking.

The listing says this unit has elegance and vintage charm.

It has many of its vintage features including hardwood floors, high ceilings, custom millwork, and arched doorways as well as a formal dining room.

The chef’s kitchen has custom dark cabinets, quartz counter tops, a stone-tile backsplash, floating shelves and Thermador stainless steel appliances.

The primary bedroom shares a bathroom with the second bedroom.

There’s also a small office.

It has some of the features buyers look for including washer/dryer in the unit but it doesn’t have central air or parking. The listing says there are four new portable A/C units purchased in 2020.

The listing also says this building is in the Nettlehorst school district. It’s near the shops and restaurants of East Lakeview, the lakefront trail and parks, and bus lines.

Listed in June 2023 for $474,900, that’s $49,900 above the 2021 sales price of $425,000.

Will this seller get the premium?

Darrell Scott at Compass has the listing. See the pictures and floor plan here.

Unit #2C: 2 bedrooms, 2 baths, 1800 square feet

• Sold in June 1990 for $143,000
• Sold in July 1993 for $160,000
• Sold in March 2013 for $290,000
• Sold in June 2016 for $380,000
• Sold in May 2020 for $390,000
• Sold in July 2021 for $425,000
• Listed in June 2023 for $474,900
• Currently listed at $474,900
• Assessments of $1289 a month (includes heat, gas, exercise room, exterior maintenance, lawn care, scavenger, snow removal, Internet)
• Taxes of $6549
• No central air but 4 portable A/C units
• Washer/dryer in the unit
• No parking
• Bedroom #1: 17×13
• Bedroom #2: 17×14
• Office: 15×7
• Living room: 24×15
• Dining room: 19×15
• Kitchen: 15×13
• Foyer: 19×7

This 3-bedroom at 2026 W. Pierce in Wicker Park came on the market in June 2023.

Built in 2001, 2026 W. Pierce has 8 units and “secured” parking.

This unit has 10-foot ceilings and bay windows that look out onto Pierce Street.

It has hardwood floors in the open concept living/dining/kitchen along with a gas fireplace.

The kitchen has been “updated” and has cherry wood cabinets with “new” quartz counters and backsplash, including a waterfall edge on the peninsula with seating for 5 and stainless steel appliances. It also has a massive walk-in pantry.

Both bathrooms have been “redone” with light grey marble so you “feel like you’re in a spa”.

The listing says the following have been replaced:

• New A/C and furnace in 2021
• New water heater in 2013 (it says 2013- did they mean 2023?)
• New washer/dryer in 2020
• New kitchen appliances in 2021

The primary suite has an en suite bathroom with a double vanity and a walk-in-shower. It has carpet.

The second bedroom has carpet but the third has french doors and hardwood floors.

This unit has the features that buyers look for including central air, washer/dryer in the unit and a “secured” parking spot is included.

It has two outdoor spaces, a front, (shared?) balcony that overlooks Pierce Street and a private balcony off the primary suite.

This building is just steps away from Six Corners and all the restaurants and shops there including Big Star, Stan’s Donuts, La Colombe Coffee and Foxtrot Market. Wicker Park is nearby as well as the Blue Line subway stop at Damen.

Listed at $599,000, will the sellers get their asking price?

Zoe Carne at @properties Christie’s has the listing. See the pictures and floor plan here.

Unit #6: 3 bedrooms, 2 baths, no square footage listed

• Sold in June 2001 for $349,000
• Sold in April 2004 for $412,000
• Sold in May 2007 for $465,000
• Sold in May 2012 for $395,000
• Sold in June 2018 for $500,000
• Listed in June 2023 for $599,000
• Currently still listed at $599,000
• Assessments of $251 a month (includes parking, exterior maintenance, lawn care, scavenger, snow removal)
• Taxes of $9258
• Central Air
• Washer/dryer in the unit
• Secured parking space included
• Gas fireplace
• Bedroom #1: 22×13
• Bedroom #2: 10×10
• Bedroom #3: 10×10
• Living/Dining room combo: 25×16
• Kitchen: 15×9
• Laundry room: 10×6
• Pantry
• Balcony: 10×6
• Deck: 10×6 (shared?)

This 2-bedroom penthouse in the Tower Residences at 680 N. Lake Shore Drive in Streeterville came on the market in July 2023.

680 N. Lake Shore Drive is a unique building.

According to Wikipedia, it was completed in 1926. it was originally called the American Furniture Mart and was the largest building in the world when finished.

It has a total of 415 units in 3 different condo associations: The Tower, The Lake and the South Residences.

The South Residences has 120 units, the Tower has 131 units, and the Lake, 264.

This is a full amenity building with an indoor pool, exercise room and 24-hour door staff. It has attached garage parking.

There is commercial space in the building as well as a shopping concourse with a restaurant, coffee shop, Walgreens, a bank and other amenities.

This unit is a full floor duplex in the tower with 360 degree lake and city views measuring 2850 square feet. It is also the penthouse.

A private elevator opens directly into the unit which has a 50 foot open living/dining room.

It has what looks like stone floors throughout the first floor living areas with carpet in the bedrooms.

The primary suite includes a walk-in-closet and en suite bathroom. The second bathroom is on the main floor. It appears that both bathrooms have walk-in-showers and that there is no bathtub.

There are motorized window treatments in the living space.

The kitchen has white (cream?) cabinets, stone counter tops, a double oven and custom front appliances.

This unit has the features buyers look for including central air, washer/dryer in the unit and there are 3 garage parking spaces for sale at $65,000 each.

This building is near the shops and restaurants of Streeterville, the lake front trail and Northwestern Hospital.

Listed at $1.19 million, that’s under the 2012 sales price of $1.24 million.

Is this a deal for a penthouse?

Michael Horwitz and Charlie Cohen at Peak Realty Chicago have the listing. See the pictures and floor plan here.

Unit #2900: 2 bedrooms, 2 baths, duplex, penthouse, 2850 square feet

• Sold in January 1990 for $732,000
• Sold in May 1998 for $748,000
• Sold in January 2005 for $1.03 million
• Sold in December 2012 for $1.24 million
• Listed in July 2023 for $1.19 million
• Assessments of $1306 a month (includes heat, a/c, doorman, cable, exercise room, indoor pool, exterior maintenance, lawn care, scavenger, snow removal, Internet)
• Taxes of $6636
• 3 garage parking spaces at $65,000 each (what are the assessments for the parking spaces?)
• Storage space
• Bedroom #1: 24×14 (second floor)
• Bedroom #2: 16×14 (main floor)
• Living room: 29×15 (main floor)
• Kitchen: 16×8 (main floor)
• Dining room: 16×12 (main floor)
• Foyer: 8×9 (main floor)
• Walk-in-closet: 13×9 (second floor)

This 3-bedroom duplex penthouse in The Marquee at 1464 S. Michigan in the South Loop came on the market in June 2023.

Built in 2007, The Marquee has 214 units and attached garage parking.

It has 24-hour doorstaff, an on-site engineer, fitness and exercise rooms, a bike room, dog run and theater room.

This unit has 2 living areas, the dining room and kitchen, along with a powder room, on the main floor.

The second floor has all three bedrooms and two full bathrooms along with the laundry.

The first floor has hardwood floors while the bedrooms have carpet.

The kitchen has white cabinets, granite counter tops, high end stainless steel appliances including an exhaust hood and a built-in Miele espresso machine. The listing says it has a massive island but it’s actually a breakfast bar that seats two.

There is a separate dining area.

The unit also has a massive wraparound terrace on the main level that runs the length of the unit with skyline, lake and sunset views.

On the second floor, the primary suite has floor to ceiling windows with views of the Willis Tower, a walk-in-closet with organizers, and en suite bathroom with double vanity, separate soaking tub, a walk-in-shower and Japanese toilet.

The other two bedrooms shares a full guest bathroom. I would note that 10 years ago, one of the Redfin agents noted in the listing notes that the third bedroom didn’t have a closet.

The unit has some unique features including high end electronic blinds in the living area and the primary bedroom controlled via control 4 app, August smart lock and smart lighting.

It has the features buyers look for including central air, washer/dryer in the unit and 2 side-by-side deeded parking spaces are available for $25,000 each, or $50,000.

Listed in June 2023 for $799,995, that’s nearly $150,000 above the 2019 sales price if you include the parking.

Will this penthouse get the premium?

Matthew Engle at Fulton Grace Realty has the listing. See the pictures and floor plan here.

Or see it at the Open House on Sunday, July 8, from 11 am to 1 pm.

Unit #2401: 3 bedrooms, 2.5 baths, duplex, penthouse, 2300 square feet

• Sold in October 2008 for $951,000 (included 2 parking spaces)
• Sold in September 2013 for $775,000 (included 2 parking spaces)
• Sold in February 2014 for $780,000 (included 2 parking spaces)
• Sold in September 2019 for $700,000 (included 2 parking spaces)
• Originally listed in June 2023 for $799,995 
• Currently still listed at $799,995 (plus 2 parking spaces for $50,000)
• Assessments of $1386 a month (includes heat, gas, doorman, exercise room, exterior maintenance, scavenger, snow removal)
• Taxes of $15445
• Central Air
• Washer/dryer in the unit
• Bedroom #1: 20×15 (second floor)
• Bedroom #2: 13×11 (second floor)
• Bedroom #3: 12×12 (second floor)
• Living room: 21×12 (main floor)
• Dining room: 22×13 (main floor)
• Family room: 12×10 (main floor)
• Foyer: 12×6 (main floor)
• Walk-in-closet: 11×8 (second floor)
• Terrace: 36×12
• Terrace: 33×7

It’s time to talk about the May sales data. It’s been trending the same for most of this year with sales down sharply year-over-year, median price coming down and inventory continuing to fall.

It was the slowest May since May 2020 which got hit as the market froze up when COVID hit and the lock downs started in March 2020. Before COVID, it was the slowest May since 2012, which was the bottom of the housing bust.

From the Illinois Association of Realtors:

The city of Chicago saw a 29.0 percent year-over-year home sales decrease in May 2023 with 2,397 sales, down from 3,374 in May 2022.

The median price of a home in the city of Chicago in May 2023 was $335,000, down 4.4 percent compared to May 2022 when it was $350,500.

May Sales:

• May 2008: 2119 sales
• May 2009: 1557 sales
• May 2010: 2057 sales
• May 2011: 1705 sales
• May 2012: 2037 sales
• May 2013: 2834 sales
• May 2014: 2453 sales
• May 2015: 2750 sales
• May 2016: 2980 sales
• May 2017: 3046 sales
• May 2018: 3047 sales
• May 2019: 2952 sales
• May 2020: 1701 sales
• May 2021: 3453 sales
• May 2022: 3374 sales
• May 2023: 2397 sales

Median Price Data:

• May 2008: $319,500
• May 2009: $225,000
• May 2010: $230,000
• May 2011: $190,000
• May 2012: $203,000
• May 2013: $234,000
• May 2014: $269,250
• May 2015: $281,000
• May 2016: $290,750
• May 2017: $305,600
• May 2018: $305,000
• May 2019: $315,000
• May 2020: $313,000
• May 2021: $350,000
• May 2022: $350,500
• May 2023: $335,000

“In May, we saw a tempering of the market compared to last month. An increase in closed sales compared to April is a sign of a summer market rife with opportunities,” said Sarah Ware, president of the Chicago Association of REALTORS® and principal and designated managing broker for Ware Realty Group in Chicago. “As always, eyes are on mortgage rates as they creep down.”

The average 30-year fixed rate mortgage was 6.43% up from April’s 6.34% and also up from May 2022 when it was 5.23%.

Across the state, inventory continues to remain tight. Statewide inventory fell 27.3% to 17,649 from 24,268 last year. That was the second lowest monthly average of homes for sale since 2008, which was when the IAR started keeping this data.

In Chicago, inventory fell 28% to 5125 homes from 7115 homes a year ago. For comparison purposes, in May 2019, before COVID, May inventory was 10,096, or nearly double 2023’s inventory.

“The number of home sales is significantly lower than at this time last year,” said Dr. Daniel McMillen, head of the Stuart Handler Department of Real Estate (SHDRE) at the University of Illinois at Chicago College of Business Administration.

“Interest rates remain high, and homeowners who bought their properties at a time of low interest rates are reluctant to move to a new home that would need to be financed at a much higher rate. Although we predict home prices to follow the usual seasonal pattern and peak in June, we predict the decline in prices to be lower in July and August than was the case in 2021 or 2022. Our forecasts indicate that the number of sales will remain at about their current levels in July and August.”

In Chicago, the sales decline was more pronounced in condos than single family homes. Condo sales fell 32.6% to 1546 while single family homes fell just 21.2% to 851.

Days on the market also rose 17.2% to 34 from 29 last year.

Mortgage rates have continues to trickle up in June, instead of down.

But do mortgage rates really even matter?

Or is it the lack of inventory that is truly driving this market?

Illinois statewide home sales and housing inventory fell in May [Illinois Association of Realtors, by Bill Kozar, Press Release, June 22, 2023]

This 3-bedroom townhouse in the Historic St Michael’s Gated Community at 1612 N. Saint Michaels Ct in Old Town came on the market in June 2023. (Picture is of the complex but not this specific townhouse)

Built in 1980, there are 14 townhouses that surround a landscaped courtyard and gardens. It appears to be a walled complex with gates. It has an underground garage and a common shared courtyard deck.

This townhouse is in the interior courtyard and the listing says it is a “hidden secret.”

It has been rehabbed to include an open and contemporary staircase.

The townhouse has exposed brick, including in the main floor powder room. There are hardwood floors throughout the main level.

It has two seating areas on the main floor which is open concept with the kitchen and dining room. There’s a small east facing balcony off the dining room and a Boulevard ventless fireplace.

The chef’s kitchen has black (gray?) cabinets with Wolf, Subzero and Bosch appliances from 2015. It has a huge island with granite counter tops and seating for four.

The second level has the three bedrooms. The primary suite has a professionally organized walk-in-closet and a netural bath with a double vanity and soaking tub.

The second and third bedroom/office have exposed brick and share a bath with a soaking tub/shower.

The third level is a private 30×18 roof deck with Cumaru hardwood tiles and downtown views.

This townhouse has central air and one garage parking space is included with a second one available for purchase in the underground garage. The listing says: “The Back stairs from the unit leads down to the garage. This is not an Elevator Building.”

I’m not sure which level you enter into this townhouse from. Is there a first and second floor? The listing says the living areas are on the third and fourth floors. There is no floor plan.

Listed at $849,000, will this townhouse be under contract by the weekend?

Kieran Conlon and Patrick Cullen at Compass have the listing. See the pictures here.

Or see it in person at the Open House on Saturday, July 1 from 12 pm to 2 pm.

1612 N. Saint Michaels Ct: 3 bedrooms, 2.5 baths, 1896 square feet, townhouse

• Sold in September 1987 for $280,000 (per Redfin)
• Sold in February 2002 for $510,000
• Listed in June 2023 at $849,900
• Assessments of $669 a month (includes exterior maintenance, lawn care, scavenger, snow removal)
• Taxes of $15,775
• Central Air
• One garage parking space included with second one available for purchase
• Additional storage cage: 5 x 3 x 8
• Ventless fireplace
• Bedroom #1: 18×15 (second floor)
• Bedroom #2: 15×11 (second floor)
• Bedroom #3: 11×10 (second floor)
• Living room: 18×17 (main floor)
• Dining room: 17×16 (main floor)
• Kitchen: 17×8 (main floor)
• Family room: 13×10 (main floor)
• Foyer: 9×7 (main floor)
• Walk-in-closet: 11×5 (second floor)
• Roof top deck: 30×18
• Balcony: (main floor)

This 3-bedroom in The Heritage at Millennium Park at 130 N. Garland in the Loop came on the market in February 2023.

Built in 2005, The Heritage has 356 units and attached garage parking. It’s a full amenity building with 24/7 door staff, an exercise room and one of the best indoor pools in the city.

There is also a shared rooftop terrace on the 26th floor.

The listing says this unit was “beautifully remodeled in 2022.” It has new wide plank custom stained wood floors throughout and panoramic 180 degree views of the lakefront park and city.

It has new electronic shades, designer Lightology lighting, and surround sound throughout.

The unit has a custom stone expanded gas fireplace with new built-ins in the living/dining room.

The kitchen has been “updated” with white cabinets, a double fitted pantry, a commercial grade refrigerator  plus breakfast area.

The primary suite has a remodeled bath with bespoke full wall stone tiles, quartz vanity soaking tube with stone deck plus large multi-spray Euro shower and new gold tone hardware, along with a fitted walk-in-closet.

The second bathroom has also been remodeled with designer stone and tile with gold tone hardware.

The powder room has also been remodeled.

The unit has the features buyers look for including central air, washer/dryer in the unit along with a storage area, and one garage parking space is included in the price and taxes.

All of the closets in the unit are fitted.

This unit has a covered balcony.

The Heritage was the catalyst that made living near Millennium Park cool. It’s near the Art Institute, the shops on south Michigan Avenue and State Street as well as the restaurants of Lakeshore East. It’s at the epicenter of public transportation with multiple bus and subway lines.

Listed in February 2023 for $1.35 million, it has reduced to $1.295 million.

But it sold in 2005 as new construction for $1.25 million.

Is this a deal for a fully remodeled 3-bedroom?

Patricia Young at @properties Christie’s has the listing. See the pictures here. You can also see the prior 2022 listing pictures on Redfin.

Unit #5304: 3 bedrooms, 2.5 baths, 2096 square feet

• Sold in December 2005 for $1.04 million
• Sold in December 2005 for $1.25 million
• Sold in March 2022 for $1.125 million
• Originally listed in February 2023 for $1.35 million
• Reduced
• Currently listed at $1.295 million
• Assessments of $1552 a month (includes a/c, gas, parking, doorman, cable, exercise room, pool, exterior maintenance, lawn care, scavenger, snow removal, internet)
• Taxes of $24,432
• Gas fireplace
• Bedroom #1: 17×12
• Bedroom #2: 16×13
• Bedroom $3: 15×12
• Living/dining room combo: 24×15
• Kitchen: 14×19
• Walk-in-closet
• Balcony

This 3-bedroom in 444 W. Oakdale in East Lakeview came on the market in June 2023. Sorry, I don’t have a picture of this building but I wanted to crib on it anyway.

I can’t find a date on the building but it is vintage and has 6 units. There is outdoor parking behind the building and basement storage.

This unit was recently sold in February 2023 “as-is.” From that listing:

NOTE: AS-IS sale. Photos have virtual editing and the remainder of the photos are of how the actual space shows currently. Condo needs bathroom, kitchen, electrical, plumbing updates & possible mechanical upgrades as age is unknown but currently are operational. No representations can be made as to viability of what operates correctly or not. No en-suite master bathroom. No private outdoor space. No dog building. 100% owner occupied, but rentals are permitted.

It has come back on the market with “coastal vibes meet vintage charm.”

The unit still has some of its vintage features including crown molding, a foyer, a separate dining room and millwork in the living and dining rooms.

There are hardwood floors throughout (originals?) and new arched doorways.

The living room has a sunroom with a bay window and an art deco chandelier along with vintage sconces and a “statement” electric fireplace with lime wash paint finish surround and built-ins.

The dining room has custom built-ins with a beverage refrigerator.

The kitchen has been gutted and now has cream cabinets with gold pulls, 2 pantry cabinets, veined quartz countertops, and a full quartz backsplash.

The listing says primary bedroom fits a king bed but like the original sale earlier this year, it still has a shared bath with the second bedroom. That bathroom has a walk-in-shower and a double vanity sink.

There’s a second bathroom that has a air jet tub, French Gold Kohler fixtures, custom green vanity with quartz top and pink tile surround in the bathtub.

There’s an office off the kitchen.

It also has some painted exposed brick walls.

This unit has the features buyers look for, which are rare in vintage units, including central air, washer/dryer in the unit and one outdoor on-site parking space.

But for those dog lovers, you’re out of luck. Still no dogs allowed.

There is also no outdoor space with this unit.

This building is in the Nettlehorst school district, is near the shops and restaurants of East Lakeview, is near several grocery stores and multiple bus lines as well as Lincoln Park and the lake front.

The February 2023 listing said this unit was rarely available. It was the first resale since at least 1990.

The unit sold in February 2023 for $417,500. It is listed for $332,500 more, at $750,000.

Will this seller get the premium?

Brooke Vanderbok at @properties Christie’s has the listing. See the pictures and floor plan here. And be sure to check out the February listing pictures as well.

Unit #1E: 3 bedrooms, 2 baths, 2400 square feet

• Sold sometime before 1990
• Sold in February 2023 for $417,500
• Currently listed for $750,000
• Assessments of $550 a month
• Taxes of $11943
• Central Air
• Washer/dryer in the unit
• Outdoor parking space included
• Electric fireplace
• Wine refrigerator
• Bedroom #1: 14×13
• Bedroom #2: 13×11
• Bedroom #3: 15×11
• Living room: 21×14
• Dining room: 20×14
• Sunroom: 13×10
• Kitchen: 20×10
• Foyer: 12×5
• Office: 17×8
• Laundry room: 7×4

This 2-bedroom in the Grand on Grand Condominiums at 200 W. Grand in River North came on the market in February 2023.

Built in 2004 during the housing bubble, Grand on Grand has 106 units and attached garage parking.

It has 24/7 door staff, a sundeck and fitness center.

This unit is a “rarely available” southwest tier with city views from floor-to-ceiling windows.

It has an open kitchen with white cabinets, granite counter tops, stainless steel appliances and a breakfast bar.

There’s a dining room with wood built-ins and a dry bar in the living room, with white cabinets.

The unit has a balcony off the living/dining room.

The primary suite has a walk-in-closet and en suite bath with double vanity and soaking tub and shower.

The listing says recent updates include hardwood floors, which are throughout the unit, including the bedrooms, window treatments, the dining room built-ins, fresh paint, refrigerator, microwave, ceiling fans and lights.

The unit has the features buyers look for including washer/dryer in the unit, central air and garage parking is available for $25,000 extra.

This building is near the shops and restaurants of River North, the riverwalk and public transportation.

Listed in February 2023 for $455,000, it has been reduced $25,000 to $420,000.

If you include the parking, it’s also $29,500 under the 2005 selling price of $484,500, which did include the garage parking space.

MikeHG has talked in the comments about being willing to “buy low” in River North, or the West Loop.

Are the prices in River North “low” enough right now? Is this unit a deal at $29,500 under the 2005 price?

Layching Quek at Redfin has the listing. See the pictures and floor plan here.

Unit #2003: 2 bedrooms, 2 baths, 1250 square feet

• Sold in December 2005 for $484,500 (included the parking)
• Sold in August 2013 for $442,000 (included the parking)
• Sold in June 2018 for $485,000 (included the parking)
• Originally listed in February 2023 for $455,000 
• Reduced
• Currently listed at $420,000
• Assessments of $915 a month (includes heat, a/c, gas, doorman, cable, exercise room, exterior maintenance, scavenger, snow removal, Internet)
• Taxes of $8244
• Garage parking space is $25,000 extra
• Central Air
• Washer/dryer in the unit
• Bedroom #1: 13×18
• Bedroom #2: 10×13
• Living room: 14×12
• Dining room: 11×13
• Kitchen: 9×8
• Balcony

This 2-bedroom penthouse at 158 W. Huron in the River North Art Gallery District came on the market in May 2023.

Built in 1890, 156 and 158 W. Huron has 14 units. There are no amenities or elevator. The listing calls the building one of the few historic brick buildings in River North.

This is a top floor unit and has south facing windows and skylights along with some exposed brick walls.

There are refinished oak hardwood floors throughout, including the bedrooms.

The listing says it is “move-in ready” and has been “freshly painted.”

It has a new gas fireplace in the living room.

The kitchen has been “newly updated” and has white cabinets, quartz countertops, a glass tile backsplash and stainless steel appliances.

There is an open concept dining room.

The listing says the primary suite has been “newly renovated” and has an en suite marble bathroom.

The second bathroom has a white vanity, quartz countertops and new fixtures.

It has a “huge” porch off the rear.

This unit has the features buyers look for including central air, there is a washer/dryer hook-up in the unit, and there is one exterior parking space included although the listing does not show any pictures.

The listing says the HVAC is new.

And if you don’t want to live in it, the listing says short term rentals and airbnb are allowed.

This building is near the shops and restaurants of River North, the Gold Coast, the Mag Mile and is near the Brown/Purple subway stop at Chicago as well as numerous bus lines.

Listed in May 2023 for $485,000, it has been reduced $10,000 to $475,000.

Does the fact that the building allows airbnb rentals make it more attractive to buyers, or less?

Lital Avnet at Jameson Sotheby’s has the listing. See the pictures here. Sorry, no floor plan.

Unit #4C: 2 bedrooms, 2 baths, no square footage listed, penthouse

• Sold in June 1992 for $163,000
• Sold in February 2001 for $262,000
• Sold in July 2003 for $329,000
• Sold in June 2020 for $455,000
• Originally listed in May 2023 for $485,000
• Reduced
• Currently listed at $475,000
• Assessments of $476 a month (includes exterior maintenance, scavenger, snow removal)
• Taxes of $9245
• Central Air
• Washer/dryer hook-up in the unit
• Exterior parking space included (on-site?)
• Gas fireplace
• Bedroom #1: 13×16
• Bedroom #2: 11×16
• Living room: 22×12
• Dining room: 11×01
• Kitchen: 10×9
• Walk-in-closet: 4×4
• Laundry: 4×6
• Balcony: 11×9