Bank Owned 2-Flat in Lakeview for a Bargain Price? 1462 W. Irving Park Road

This 2-flat 1904 greystone at 1462 W. Irving Park Road in Lakeview just came on the market.

It is bank owned.

The building has some of its vintage features intact, such as hardwood floors, fireplaces and built-ins.

There is no central air (window units) but there is a 2-car garage.

Each unit is 3 bedrooms and 1 bath.

From the pictures, it looks like the buyer will have to put some work into the building.

But at this price, is this a deal?

It is far cheaper than any single family home in the area. It is near the Irving Park Brown Line El stop and easily walkable to the Southport Corridor with its shops and restaurants.

Ayoub Rabah at Great Street Properties has the listing. See the pictures here.

1462 W. Irving Park Road: 6 bedrooms, 3 baths, 2 car parking

  • There is no original sales information but sometime before 1990
  • Bank owned as of October 2009
  • Currently listed for $384,900
  • Taxes of $10,056
  • 2 fireplaces
  • Unit #1: 3 bedrooms, 1 bath
  • Unit #2: 3 bedrooms, 1 bath

Nearly Back to the 2004 Price in Lincoln Park: 1616 N. Larrabee

We’ve chattered about this 2-bedroom fee simple townhome at 1616 N. Larrabee in Lincoln Park several times over the past year.

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See our September 2009 chatter here.

It is still available and is now listed just slightly over the 2004 purchase price.

If you recall, the townhouse has amazing outdoor space with a 900 square foot private patio.

It also has its own garage, all new hardwood floors throughout and a new roof as of 2006.

Is this property finally priced right?

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Eileen Brennan at Prudential Preferred still has the listing. See more pictures and a virtual tour here.

1616 N. Larrabee: 2 bedrooms, 2.5 baths, 1500 square feet

  • Sold in June 1992 for $240,000
  • Sold in October 1999 for $378,000
  • Sold in April 2004 for $505,000
  • Originally listed in September 2008 for $649,000
  • Reduced several times
  • Was listed in February 2009 at $609,000
  • Reduced
  • Was listed in April 2009 at $598,000
  • Reduced
  • Was listed in June 2009 for $569,000 
  • Reduced
  • Was listed in September 2009 for $540,000
  • Reduced
  • Currently listed for $510,000
  • No assessment – fee simple
  • Taxes of $7,767
  • 900 square foot patio
  • 1 car garage
  • Central Air

The Starter Home With Your Own Pool: 820 W. 33rd Place in Bridgeport

Bridgeport is the oldest neighborhood in Chicago and this 2-bedroom cottage bungalow at 820 W. 33rd Place reflects that as it was built in 1888.

It is on a larger than normal Chicago lot of 25×150 which allows for ample space in the backyard for an above ground pool and a 2-car garage.

The listing says the house has been remodeled with new windows, appliances and a 1-year old roof.

There is a full unfinished basement, a fenced in yard and pergo floors throughout.

The house also has central air.

The property has been reduced $10,000 since September.

Is this a good starter house?

William Sevening at Century 21 Galaxy Realty has the listing. See the pictures here.

820 W. 33rd Place: 2 bedroom, 1 bath, no square footage listed, 2 car garage

  • Sold in May 1991 for $74,500
  • Originally listed in September 2009 for $275,000
  • Reduced twice
  • Currently listed for $265,000
  • Taxes of $1162
  • Central Air
  • Pool
  • Bedroom #1: 11×9
  • Bedroom #2: 8×9
  • Living room: 15×12
  • Kitchen: 15×9
  • Eating area: 10×9
  • Unfinished basement

Modern and Truly “Green” in Old Town: 1322 N. Clybourn

This  new construction building at 1322 N. Clybourn apparently has leed silver certification and was awarded a 2009 good green design award.

This 3-bedroom unit, Unit #3N, has solar heating, bamboo floors and eco-paints, among other green features.

It also has a private terrace, luxury appliances in the kitchen and floor to ceiling windows.

It has been reduced by $70,000 since July 2009.

Robert John Anderson at Baird & Warner has the listing. See the pictures here.

Unit #3N: 3 bedrooms, 2 baths, 1800 square feet

  • New construction
  • Was listed in July 2009 for $499,000
  • Reduced several times
  • Currently listed for $429,000 (parking extra)
  • Assessments of $316 a month
  • Taxes of $2728
  • Central Air
  • Washer/Dryer in the Unit
  • Bedroom #1: 18×12
  • Bedroom #2: 13×11
  • Bedroom #3: 12×11

We Love Private Rooftop Terraces: 800 W. Cornelia in Lakeview

This 3-bedroom duplex up unit at 800 W. Cornelia in the heart of Lakeview has many of the features of a single family home with the benefits of being a condo.

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It is on the top floor of a 4-story elevator building and has its own 20×14 private terrace and balcony.

The master bedroom and family room are on the second level and have access to the terrace.

The property also has the rare amenity of 2-car parking, which is included in the price.

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Kevin Tatum at Re/Max Edge has the listing. See more pictures here (warning- music).

Unit #408: 3 bedrooms, 2.5 baths, 1825 square feet

  • Sold in November 2004 for $614,000
  • Listed in October 2009 for $699,000
  • Currently still listed for $699,000
  • Assessments of $476 a month (includes cable)
  • Taxes of $10,359
  • Central Air
  • Washer/Dryer in the unit
  • Fireplace
  • Family room: 14×13

Vintage Victorian Exterior Completely Restored: 2617 N. Central Park in Logan Square

“Affordable” single family homes appear to be popping up all over Logan Square these days like this 4-bedroom Victorian at 2617 N. Central Park.

The listing says the exterior has been completely restored with historic paint colors, clapboard siding, and copper gutters. There are also new windows and decks.

The interior appears to have much of the vintage woodwork still in place.

Three of the four bedrooms are on the second floor. There is a basement, but it’s unfinished.

While the house, which is on an oversized 30×125 lot, has a garage, it doesn’t have central air.

Jerry Magier at Coldwell Banker has the listing. See the pictures here.

2617 N. Central Park: 4 bedrooms, 2 baths, no square footage listed

  • Sold in December 1989 for $176,000
  • Sold in May 1992 for $122,000
  • Sold in May 2004 for $320,000
  • Currently listed for $349,900
  • Taxes of $4018
  • No central air
  • Garage
  • Bedroom #1: 16×12
  • Bedroom #2: 15×13
  • Bedroom #3: 21×8
  • Bedroom #4: 14×11 (main level)

A Rowhouse With Great Bones in Little Italy: 820 S. Bishop

This 5-bedroom brick rowhouse at 820 S. Bishop in Little Italy was built in 1873.

The listing says it needs updating. Yes, those look like green appliances in the kitchen.

But looking beyond that, the home has tall ceilings, bay windows, a fireplace in the living room and hardwood floors.

It also has central air and a 2-car garage.

Additionally, even though it’s a rowhouse, being a corner property, it is only attached on one side.

The rowhouse was recently reduced by $50,000.

Is this a good townhouse alternative?

Bob Satawake at Keller Williams Gold Coast has the listing. See the pictures here.

820 S. Bishop: 5 bedrooms, 2 baths, 2 car parking

  • I can’t find an original sale- same owner since 1991
  • Originally listed in June 2009 for $799,000
  • Reduced
  • Currently listed for $749,000
  • Taxes of $5008
  • Central Air
  • Bedroom #1: 21×18 (second floor)
  • Bedroom #2: 12×9 (second floor)
  • Bedroom #3: 19×8 (second floor)
  • Bedroom #4: 13×11 (lower level)
  • Bedroom #5: 10×7 (lower level)
  • Family room: 19×13 (lower level)

Logan Square New Construction SFH Reduces $22K: 1943 N. Albany

We last chattered about this 4-bedroom new construction single family home at 1943 N. Albany in Logan Square in early November 2009.

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See our prior chatter and pictures here (where it was decided this home is indeed in Logan Square and not Humboldt Park.)

It is being marketed as a “green” home.

Its finishes include granite, stone and recycled glass.

The listing also now says that the developer is offering $5,000 for appliances.

With all the buyers wanting “new”, is this house getting more attractive at this list price?

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Ron Knoll at Saffron Realty Group still has the listing. See more pictures here.

1943 N. Albany: 4 bedrooms, 4 baths, den, no square footage listed

  • Sold in July 2006 for $283,000
  • Sold in November 2007 in a judicial sale for $139,000
  • Sold in August 2008 for $175,000
  • Originally listed in April 2009 for $688,000
  • Reduced several times
  • Was listed in November 2009 for $550,000
  • Reduced
  • Currently listed for $528,000
  • Taxes are “new”
  • Central Air
  • Looks like there are 2 parking spaces with the house (not sure if it’s a garage or not.)

Bank Owned 3-Bedroom With City Views: 737 W. Washington in the West Loop

We’ve chattered about Skybridge, at 737 W. Washington, the award winning high rise right on the Kennedy Expressway in the West Loop several times before.

A 3-bedroom bank owned unit is on the market on the 17th floor that has western and southern “city views”. For those of you who think the downtown is the only great view- the west is spectacular at night.

This unit has generous room sizes, hardwood floors and, from the pictures, it appears the kitchen is intact with stainless steel appliances and granite counter tops.

It is currently listed for $149,100 under the 2004 purchase price.

Is this a deal at this price?

Arthur Cirignani at Chicago Realty Partners Ltd. has the listing. See the pictures here.

Unit #1708: 3 bedrooms, 2 baths, 1 car parking included, no square footage listed

  • Sold in September 2004 for $599,000
  • Lis pendens filed in July 2008
  • Bank owned as of September 2009
  • Assessments of $811 a month (includes heat and air conditioning)
  • Taxes of $7052
  • Central Air
  • Washer/Dryer in the unit
  • Bedroom #1: 24×15
  • Bedroom #2: 15×13
  • Bedroom #3: 14×11
  • Living room/dining: 25×14
  • Kitchen: 11×9

Cute As a Button Logan Square Single Family Home: 2527 W. Charleston

This 3-bedroom single family house at 2527 W. Charleston was built in 1888 in Logan Square/West Bucktown and has been on the market since July 2009.

It has now been reduced by $26,100.

The listing calls it a cottage.

It has hardwood floors throughout. The kitchen has white cabinets and wood counter tops alongside stainless steel appliances.

All 3 bedrooms are on the second level along with a 16×16 sunroom. The upstairs bedrooms also have unusual wide plank wood floors.

The house has central air and a garage.

It looks like there is a basement but it’s unfinished.

Peter Picchietti at Prudential Rubloff has the listing. See the pictures and a virtual tour here.

2527 W. Charleston: 3 bedrooms, 2.5 baths, 2 car garage, no square footage listed

  • Sold in April 2000 for $247,000
  • Sold in October 2006 for $512,000
  • Originally listed in July 2009 for $575,000
  • Reduced several times
  • Currently listed for $548,900
  • Taxes of $4334
  • Central Air
  • Bedroom #1: 13×12 (second level)
  • Bedroom #2: 10×10 (second level)
  • Bedroom #3: 11×10 (second level)
  • Living room: 15×13
  • Dining room: 15×12
  • Kitchen: 16×16
  • Sunroom: 16×16 (second level)
  • Unfinished basement