3/3 Duplex Down in Lakeview Still Available 4 Months Later: 3251 N. Racine

We last chattered about this 3 bedroom duplex down unit at 3251 N. Racine in Lakeview in August 2010.

3251-n-racine-approved.jpg

See our prior chatter and pictures here.

It has been reduced $15,000 in that time and is now listed $50,100 under the 2005 purchase price.

The kitchen has 42 inch maple cabinets, stainless steel appliances and granite counter tops.

2 out of the 3 bedrooms are on the main floor, with the third in the lower level.

It has central air, washer/dryer in the unit and deeded parking.

What will it take to sell this property?

3251-n-racine-_1-living-and-dining-combo-approved.jpg

3251-n-racine-_1-kitchen-approved.jpg

3251-n-racine-_1-family-room-approved.jpg

3251-n-racine-_1-bedroom-approved.jpg

Mark Pasquesi at Prudential Rubloff still has the listing. See more pictures here.

Unit #1: 3 bedrooms, 3 baths, 2200 square feet

  • Sold in August 1995 for $225,000
  • Sold in June 1999 for $320,000
  • Sold in September 2005 for $485,000
  • Originally listed in June 2010 for $459,900
  • Reduced
  • Was listed in August 2010 for $449,900 (parking included)
  • Reduced
  • Currently listed for $434,900
  • Assessments of $145 a month
  • Taxes of $6614
  • Central Air
  • Side-by-side washer/dryer in the unit
  • Bedroom #1: 15×12 (main level)
  • Bedroom #2: 13×11 (lower level)
  • Bedroom #3: 11×10 (main level)
  • Family room: 25×18 (lower level)

Nearly 3 Years Later and Now Bank Owned: 507 W. Aldine in Lakeview

We’ve been chattering about this 2-bedroom unit at 507 W. Aldine in East Lakeview for nearly 3 years.

507-w-aldine-approved.jpg

See our original chatter in February 2009 and pictures here.

In that time, it was a regular listing, then went to short sale, went into contract several times, dropped out of contract and now, finally, is a bank owned unit.

It is now listed $102,500 under the 2007 purchase price.

It has vintage features such as an entry foyer, a separate dining room and a wood burning fireplace.

It looks like the kitchen is still intact and still has the stainless steel appliances and granite counter tops.

The unit has an in-unit washer/dryer and deeded parking, which is rare for East Lakeview, but no central air (window units only.)

Is this finally a deal?

Saul Zenkevicius at Goodwill Realty Group has the listing. See the pictures here.

Unit#2B: 2 bedrooms, 2 baths, dining room, no square footage listed

  • Sold in May 1995 for $154,000
  • Sold in June 1998 for $199,000
  • Sold in April 2000 for $243,000
  • Sold in March 2007 for $379,000
  • Was listed in February 2009 for $410,000 (included the parking)
  • Reduced
  • Was listed in March 2009 for $399,900 (included the parking)
  • Reduced
  • Was listed in May 2009 for $375,000 (included the parking)
  • Reduced
  • Was listed as a short sale in June 2009 for $339,000
  • Under contract
  • Re-listed in September 2009 for $339,000
  • Under contract
  • Lis pendens foreclosure filed in December 2009
  • Re-listed in May 2010 for $325,000
  • Withdrawn in July 2010
  • Bank owned in September 2010
  • Currently listed for $276,500
  • Assessments of $362 a month (includes heat)
  • Taxes of $5365
  • No central air- only window units
  • In-unit Washer/Dryer
  • Wood-burning fireplace
  • Deeded parking included
  • Bedroom #1: 14×12
  • Bedroom #2: 12×11

3-Bedroom Lincoln Park Townhouse Sells For $88K Under 2008 Price: 2547 N. Greenview

We last chattered about this 3-bedroom 2200 square foot townhouse at 2547 N. Greenview in Lincoln Park in November 2010.

2547-n-greenview-approved.jpg

See our prior chatter here.

It has sold for $88,000 under the 2008 purchase price but for $19,500 more than the 2005 purchase price.

The townhouse was built in 1988 and had living space on 4 levels.

The living/kitchen combo were on the second floor, two bedrooms on the third floor, and the third bedroom on the fourth floor.

The kitchen had maple cabinets, stainless steel appliances and granite counter tops.

It also had 2-car parking.

Did someone get a deal for the square footage and the location across from Wrightwood Park?

Stephanie Cutter at Coldwell Banker had the listing.

2547 N. Greenview: 3 bedrooms, 2.5 baths, 2 car parking, 2200 square feet

  • Sold in August 1990 for $255,000
  • Sold in June 1994 for $386,250 (I wonder if this isn’t a typo in the public records and should be $286,250)
  • Sold in June 2001 for $394,000
  • Sold in May 2005 for $370,500
  • Sold in October 2008 for $478,000
  • Originally listed in May 2010 for $497,500
  • Reduced several times
  • Was listed in November 2010 at $399,000
  • Sold in December 2010 for $390,000
  • Assessments of $286 a month (includes cable)
  • Taxes of $6209
  • Central Air
  • Bedroom #1: 17×14 (third floor)
  • Bedroom #2: 17×10 (third floor)
  • Bedroom #3: 12×11 (fourth floor)
  • Family room: 17×11 (first floor)

Stephanie Cutter at Coldwell Banker has the listing. See the pictures and virtual tour here.

2547 N. Greenview: 3 bedrooms, 2.5 baths, 2 car parking, 2200 square feet

  • Sold in August 1990 for $255,000
  • Sold in June 1994 for $386,250 (I wonder if this isn’t a typo in the public records and should be $286,250)
  • Sold in June 2001 for $394,000
  • Sold in May 2005 for $370,500
  • Sold in October 2008 for $478,000
  • Originally listed in May 2010 for $497,500
  • Reduced several times
  • Currently listed at $399,000
  • Assessments of $286 a month (includes cable)
  • Taxes of $6209
  • Central Air
  • Bedroom #1: 17×14 (third floor)
  • Bedroom #2: 17×10 (third floor)
  • Bedroom #3: 12×11 (fourth floor)
  • Family room: 17×11 (first floor)

We Love 3-Bedroom Duplex Up Units With Private Roofdecks: 1043 W. School in Lakeview

This 3-bedroom loft-like duplex up at 1043 W. School in Lakeview was listed in October 2010.

Located in the School Street Lofts, the living area has vaulted ceilings.

There is also a large second floor 24×14 master suite while the other two bedrooms are on the main floor.

The unit has its own private roofdeck.

The kitchen has white cabinets, stainless steel appliances and granite counter tops.

It is listed for $17,500 under the 2002 purchase price.

Is this a deal for the location and square footage?

Amanda McMillan at Prudential Rubloff has the listing. See the pictures here.

Unit #306: 3 bedrooms, 2 baths, no square footage listed, 1 car parking

  • Sold in June 1997 for $320,000
  • Sold in December 2002 for $492,500
  • Originally listed in October 2010 for $475,000
  • Currently still listed for $475,000
  • Assessments of $372 a month
  • Taxes of $7955
  • Central Air
  • Washer/Dryer in the unit
  • Bedroom #1: 24×14 (second floor)
  • Bedroom #2: 12×10 (main floor)
  • Bedroom #3: 12×10 (main floor)

Live In a House in the Sky: 50 E. Chestnut in the Gold Coast

Never shovel snow again.

This 3-bedroom unit in the newer Gold Coast high rise at 50 E. Chestnut is a single family home in the sky.

50-e-chestnut-approved.jpg

There are only 34 units in the building and they are full floor units where the elevator opens directly into the unit.

This 3904 square feet unit has south, west, and east views and one of the two balconies looks directly onto the John Hancock building.

It also has luxury finishes in the kitchen and baths and 2-car deeded parking.

50-e-chestnut-_3001-foyer-approved.jpg

50-e-chestnut-_3001-living-room-approved.jpg

50-e-chestnut-_3001-kitchen-approved.jpg

50-e-chestnut-_3001-bathroom-approved.jpg

Joanne Nemerovski at Prudential Rubloff has the listing. See the pictures and virtual tour here.

Unit #3001: 3 bedrooms, 3.5 baths, 3904 square feet, 2 car parking

  • Sold in October 2007 for $2,929,500
  • Originally listed in July 2010
  • Currently listed for $3,495,999
  • Assessments of $2231 a month (includes heat, doorman)
  • Taxes of $32,534
  • Central Air
  • Washer/Dryer in the unit
  • Bedroom #1: 17×17
  • Bedroom #2: 14×11
  • Bedroom #3: 18×14

Just How Hot Is Andersonville Anyway? 1518 W. Olive

Andersonville is on everyone’s hot list these days as the Chicago Tribune just did a whole feature on the hidden charms of the neighborhood.

1518-w-olive-approved.jpg

This 2-bedroom unit at 1518 W. Olive is in the heart of the action.

The building was built in 1925 but the unit has modern amenities.

The kitchen has 42 inch maple cabinets, stainless steel appliances and granite counter tops.

One bathroom is slate and the other is marble.

There is a large 13×9 front terrace.

The unit has central air, washer/dryer in the unit and garage parking.

On the market since September 2010, it has been reduced $17,000 and is now listed for the 2005 purchase price.

Is this a deal?

Alexander Tzallas at Re/Max Signature has the listing. See the pictures here.

Unit #1E: 2 bedrooms, 2 baths, 1 car parking, no square footage listed

  • Sold in March 2002 for $300,000
  • Sold in February 2005 for $372,000
  • Originally listed in September 2010 for $389,000
  • Reduced
  • Currently listed for $372,000
  • Assessments of $333 a month
  • Taxes of $4693
  • Central Air
  • Washer/Dryer in the unit
  • Bedroom #1: 12×14
  • Bedroom #2: 10×10

A Unique 2/2 Penthouse in East Lincoln Park: 736 W. Schubert

This 2-bedroom penthouse unit at 736 W. Schubert in East Lincoln Park has been on the market since April 2010.

736-w-schubert-approved.jpg

It has been reduced $60,000 in that time and is now listed for $33,000 under the 2006 purchase price.

The unit is also listed for $6,000 under the 2002 purchase price.

At 1570 square feet, it has valuted ceilings in the living/dining room with exposed wood beams and skylights.

The kitchen has granite counter tops and stainless steel appliances.

The unit has marble baths.

It has two outdoor spaces: a front balcony and a back deck

Given that it’s listed under the 2002 purchase price, is this a deal?

Molly Johnson at Coldwell Banker has the listing. See the pictures here.

Unit #3: 2 bedrooms, 2 baths, 1570 square feet

  • Sold in August 2002 for $505,000
  • Sold in August 2006 for $532,000
  • Originally listed in April 2010 for $559,000
  • Reduced several times
  • Currently listed for $499,000 (parking included)
  • Assessments of $99 a month
  • Taxes of $7852
  • Central Air
  • Washer/Dyer in the unit
  • Bedroom #1: 15×14
  • Bedroom #2: 12×11

We Love Authentic Lofts Near Restaurants in the West Loop: 1000 W. Washington

It’s been over a year since we last chattered about a loft in 1000 W. Washington in the West Loop.

1000-w-washington-approved.jpg

This is a popular loft building because of its location across the street from the Wishbone restaurant and Harpo Studios not to mention the string of restaurants on Randolph Street.

It also is well known for its authentic lofts, many with unique layouts.

This 2-bedroom unit has timber ceilings and exposed brick along with large windows with city views.

The kitchen has cabinets by Aristokraft, granite counter tops, a slate backsplash and stainless steel appliances. The bathrooms are Kohler.

Deeded parking is included and it has central air and a washer/dryer in the unit.

Rodolfo Zavala at Keller Williams Gold Coast has the listing. See the pictures here.

Unit #334: 2 bedrooms, 2 baths, 1650 square feet

  • Sold in April 1996 for $206,000
  • Sold in April 1999 for $250,000
  • Sold in June 2002 for $320,000
  • Sold in March 2005 for $375,000
  • Originally listed in September 2010 for $524,900
  • Reduced
  • Currently listed for $514,900 (parking included)
  • Assessments of $591 a month (includes doorman, cable)
  • Taxes of $4723
  • Central Air
  • Washer/Dryer in the unit
  • Bedroom #1: 14×11
  • Bedroom #2: 15×11

Buy a Bank Owned House and Re-Sell Just Months Later: 1859 W. Ohio in West Town

This 3-bedroom brick single family home at 1859 W. Ohio in West Town recently came on the market and went under contract within days.

Last March, it had been bank owned.

Back then, the listing described the house as having 9 foot ceilings and marble in two of the baths.

But it also said:

“THIS HOME IS A REHABBERS DREAM. THIS HOME IS WITHOUT A KITCHEN AND WITHOUT 2 OF THE BATHROOMS.”

Listed for $245,000, the house sold just a month later, in April 2010, for $365,000.

I found an old listing with interior pictures for the house which you can see here.

The house is now listed for $354,000 more than the April 2010 purchase price.

The listing says it has “amazing curb appeal.”

The house has Brazilian cherry floors.

The kitchen has Brookhaven cabinets, a Thermadoor cooktop and Napoli hood with granite counter tops and stainless steel appliances.

The house, new construction in 2004, is on a 25×100 lot and has a two car garage.

This is the first property I’ve seen go under contract that fast in a long time.

Was this home simply priced right?

Neil Hackler at Chicago Real Estate Resources has the listing. See the pictures here.

1859 W. Ohio: 3 bedrooms, 3.5 baths, 1920 square feet, 2 car garage

  • Sold in December 2004 for $769,000
  • Sold in August 2005 for $870,000
  • Lis pendens foreclosure filed in January 2008
  • Bank owned in January 2010
  • Listed in March 2010 for $245,000
  • Sold in April 2010 for $365,000
  • Currently listed at $719,000
  • Under contract within days
  • Taxes of $8761
  • Central Air
  • Bedroom #1: 19×29
  • Bedroom #2: 13×18
  • Bedroom #3: 14×10

The Renovated Vintage Lincoln Square 5-Bedroom Home: 2174 W. Wilson

This 5-bedroom single family home at 2174 W. Wilson in Lincoln Square was apparently completely renovated in 2007.

2174-w-wilson-approved.jpg

Built in 1901 on a 37.5×125 lot, the house now has all the modern amenities such as a main floor family room/kitchen combination as well as a 28×12 lower level recreation room.

4 out of the 5 bedrooms are on the second floor.

The house also has a woodpaneled library.

The kitchen has stainless steel appliances and a big breakfast/dining bar.

This house is now listed $37,500 under the 2008 purchase price but it looks like a relocation company now owns the home.

Is this a deal?

Elizabeth Bleeker at Prudential Rubloff has the listing. See the photos here.

2174 W. Wilson: 5 bedrooms, 3.5 baths, 2 car garage, 5500 square feet

  • Sold in June 2005 for $600,000
  • Sold in July 2008 for $1,087,500
  • Sold in June 2010 for $1.155 million (according to public records- to relocation company)
  • Listed in June 2010 for $1,246,300
  • Reduced several times
  • Currently listed for $1,050,000
  • Taxes of $8732
  • Central Air
  • Bedroom #1: 18×17
  • Bedroom #2: 16×15
  • Bedroom #3: 12×11
  • Bedroom #4: 12×12
  • Bedroom #5: 15×12 (lower level)
  • Family room: 16×18 (main level)
  • Recreation room: 28×12 (lower level)