We Love Big Patios: 1616 N. Larrabee in Lincoln Park Reduces $80K

We’ve chattered about this townhouse at 1616 N. Larrabee in Lincoln Park several times since September 2008.

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See our April 2009 chatter and pictures here.

It has a 900-square foot patio as well as other outdoor space.  It also has its own private garage and no monthly assessments.

It has now been reduced $80,000 since September 2008.

Is this townhouse now priced to sell?

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Eileen Brennan at Prudential Preferred still has the listing. See more pictures 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
  • Currently listed for $569,000 
  • No assessment
  • Taxes of $7,360
  • 900 square foot patio
  • 1 car garage
  • Central Air

Moving Up to a Townhouse in the West Loop: 1137 W. Monroe

If you want more space but want to stay in the West Loop neighborhood, a townhouse is usually the property of choice for most move up buyers.

This townhouse in the Chelsea Townhomes development, at 1137 W. Monroe was built by Belgravia in 2006.

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It has 3 bedrooms, as well as 3 outdoor spaces, and a West Loop location near the shops and restaurants on Madison.

The townhouse is also listed below the 2007 purchase price and is the cheapest townhouse listed for sale in the development.

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Renee Yuditsky at Rubloff has the listing. See the virtual tour here.

See the property’s website here.

Or go see the property at the open house, Sunday June 21: 12-2 pm.

Unit #8: 3 bedrooms, 2.5 baths, no square footage listed, 2 car garage

  • Sold in September 2006 for $565,000
  • Sold in May 2007 for $627,500
  • Originally listed in April 2009 for $649,500
  • Reduced several times
  • Currently listed at $615,000
  • Assessments of $205 a month
  • Taxes of $7873
  • Central Air
  • Bedroom #1: 15×15
  • Bedroom #2: 13×12
  • Bedroom #3: 13×12
  • Family room: 17×12

Rare Single Family Home on Lake Shore Drive Still Available: 1258 N. Lake Shore Drive

The listing says that 1258 N. Lake Shore Drive in the Gold Coast is one of only 4 single family homes that still exist on Lake Shore Drive.

The house was built in 1895 and received a City of Chicago landmark designation in 1989.

It has four fireplaces and a huge rooftop terrace overlooking the lake.

It has also been reduced $900,000 since we last chattered about it in July 2008.

See our prior chatter and pictures here.

Mary Prendergast at Mary Prendergast Real Estate has the listing. See the pictures here (including one of the rooftop deck.)

1258 N. Lake Shore Drive: 4 bedrooms, 5.5 baths, no square footage given, 4 floors

  • I couldn’t find a prior sales price
  • Was listed in July 2008 for $5.8 million
  • Reduced in November 2008 to $4.9 million
  • Currently still listed at $4.9 million
  • Taxes of $16,992
  • Central Air
  • One parking spot in the rear of the house

Vintage Beauty on Humboldt Boulevard Closes: 2048 N. Humboldt

This American four square in Logan Square at 2048 N. Humboldt Boulevard needed some love but with its stained glass and wood floors it had good bones.

See our prior chatter and more pictures here.

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Reduced $300,000 from its original listing price a year ago, it recently closed $59,000 under the lowered list price.

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2048 N. Humboldt: 5 bedrooms, 2 baths, 2 half baths, 2 car garage, 4200 square feet

  • I couldn’t find a prior sales price
  • Was listed in June 2008 for $1,099,999
  • Withdrawn
  • Back on the market in March 2009 and listed for $799,000
  • Closed in June 2009 for $740,000
  • Taxes of $6,069
  • No central air- window units
  • Mario Greco at Rubloff had the listing.

Looking for Something Unique? 1855 N. Halsted in Lincoln Park

This 11-unit building at 1855 N. Halsted in Lincoln Park looks like it could have been newer construction in just the last few years but it actually is quite a bit older.

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A 2-bedroom duplex unit just came on the market with a unique layout and wood staircase.

The second bedroom and office are lofted.

Do you like a separate kitchen? This one is tucked away.

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Ron Knoll at Saffron Realty has the listing. See more pictures and a virtual tour here (be sure to check out the picture of the vintage elevator.)

Unit #1, according to the listing, is actually on the fourth floor.

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

  • Sold in March 1988 for $150,000
  • Sold in January 1994 for $228,000
  • Sold in January 2002 for $395,000
  • Sold in June 2007 for $562,500
  • Currently listed for $635,000
  • Assessments of $429 a month
  • Taxes of $5689
  • Central Air
  • Washer/Dryer in the unit
  • Bedroom #1: 19×12
  • Bedroom #2: 15×14
  • Loft: 15×6

Short Sale Alert in the Park Millennium: 222 N. Columbus in the East Loop

The Park Millennium at 222 N. Columbus in the East Loop (or the “New East Side” as some call it) was converted from apartments into condominiums near the height of the housing boom in the fall of 2005.

The high rise has 480 units. Current stats in the building:

  • 30 for sale
  • 23 for rent

Some units may be both for sale and for rent.

Stresses are appearing in the building as several units are now in short sale.

Unit #1708 is the cheapest 2/2 in the building. The listing says it can close in 90 days. 

The kitchen has maple cabinets, granite counter tops and white appliances. The unit also has carpet (no hardwood.)

It does, however, have an in-unit washer/dryer. Parking is available for lease in the building.

Michael Cuevas at Parkvue Realty has the listing. See the pictures here.

Unit #1708: 2 bedrooms, 2 baths, 1200 square feet

  • Sold in December 2005 for $441,000
  • Originally listed in May 2009 as a “short sale” for $359,900
  • Reduced several times
  • Currently listed at $319,900
  • Assessments of $664 a month (includes heat, air conditioning which is space pak and cable)
  • Taxes of $6450
  • In-unit washer/dryer
  • Parking is rental

The Lakeview Single Family Home for Under $500K: 1308 W. Addison

If your budget is under $500,000 and you want to live in the Southport neighborhood in Lakeview, apparently you aren’t limited to simply condos.

This small vintage single family home at 1308 W. Addison just came on the market as a condo alternative.

The house, built in 1893, has vaulted ceilings on the first floor, skylights and a partially finished basement. It also has a much sought after 2-car garage.

The listing says it is being sold in “as-is” condition.

Nancy Gardner at Coldwell Banker has the listing. See the pictures here.

1308 W. Addison: 2 bedrooms, 1.5 baths, no square footage listed, 2 car garage

  • Sold in April 1998 for $314,500
  • Currently listed for $499,000
  • Taxes of $7975
  • Central Air
  • Living room: 23×19
  • Dining room: 15×11
  • Kitchen: 11×8
  • Bedroom #1: 14×12
  • Bedroom #2: 13×12
  • Partially finished basement

A Vintage Cottage for Under $350K: 4209 N. Bernard in Irving Park

This 3-bedroom vintage home at 4209 N. Bernard in Irving Park is a classic starter house.

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Built in 1899, it has a stained glass hutch and, according to the listing, hardwood floors in the basement.

The kitchen has been remodeled and it has 2 baths.

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Becca Safranski at Saffron Realty has the listing. See the Craigslist post here.

See more pictures here.

4209 N. Bernard: 3 bedrooms, 2 baths, no square footage listed, 2 car garage

  • Sold in January 1988 for $45,000
  • Sold in July 2003 for $225,000
  • Currently listed for $344,900
  • Taxes of $3334
  • No central air- window units
  • Living room: 13×12
  • Dining room: 14×12
  • Kitchen: 12×10
  • Bedroom #1: 13×12
  • Bedroom #2: 11×7
  • Bedroom #3: 13×9

The Original Condition Condo: 1427 N. Leavitt in Wicker Park

If you yearn to remodel the kitchen and baths exactly to your specification, then this 3-bedroom vintage unit at 1427 N. Leavitt in Wicker Park might be for you.

No cherry cabinets, granite kitchen counter tops or marble bathroom floors found here.

The listing admits that the kitchen and baths need to be re-done but that it’s “priced accordingly.”

The unit has central air, an in-unit washer/dryer and 2 tandem parking spaces. It’s also within walking distance of both Bucktown and Wicker Park restaurants and shops.

Is this a deal even though it needs to be rehabbed?

Dennis Eng at Baird and Warner has the listing. See the pictures here.

Unit #2: 3 bedrooms, 2.5 baths, 1979 square feet, 2 car tandem parking

  • Sold in March 1997 for $151,000
  • Sold in October 2000 for $265,000
  • Originally listed in January 2009 for $399,000
  • Reduced several times
  • Currently listed at $359,000
  • Assessments of $75 a month
  • Taxes of $4111
  • Central Air
  • In-unit Washer/Dryer
  • Bedroom #1: 12×18
  • Bedroom #2: 10×12
  • Bedroom #3: 8×11
  • Den: 7×11

Is Southport the Most Expensive Neighborhood for Condos? 3506 N. Greenview

This 2-bedroom condo at 3506 N. Greenview in Southport is on the market at $350 a square foot.

It is a 2004 conversion in a 20 unit building and has 2-bedrooms, 1 bath for 1000 square feet.

On a per square foot basis, is Southport now the most expensive neighborhood for condos outside of downtown?

This unit has central air and an in-unit washer dryer but it has no parking. The listing says it has 42 inch kitchen cabinets and granite counter tops.

Terry Max at Century 21 M.B. Real Estate has the listing. See the pictures here.

Unit #2: 2 bedrooms, 1 bath, 1000 square feet

  • Sold in April 2005 for $318,500
  • Currently listed for $349,500
  • Assessments of $217 a month
  • Taxes of $3806
  • Central Air
  • In-unit washer/dryer
  • No parking
  • Bedroom #1: 12×9
  • Bedroom #2: 10×9
  • Living room: 23×12
  • Kitchen: 10×12