See The Cell’s Scoreboard From Your Garage Top Deck: 546 W. 33rd in Bridgeport
This 3-bedroom brick ranch at 546 W. 33rd in Bridgeport came on the market in May 2012.
It was built in 1972 on a standard 25×125 lot.
The listing says it was “renovated” 5 years ago.
The kitchen has maple cabinets, stainless steel appliances and granite counter tops.
It has a full basement with an oak wet bar, fireplace and jacuzzi tub.
All three bedrooms are on the main floor.
It also has a 2-car garage with a deck on top which the listing says has a view of the Comiskey Park (i.e. The Cell’s) scoreboard.
The house also has central air.
Now priced at $409,900 after a $10,000 reduction, is this a starter home in this neighborhood?
Suzanne Hamilton at RE Marketing Consultants has the listing. See the pictures here.
546 W. 33rd: 3 bedrooms, 2 baths, 1150 square feet, 2 car garage
- Sold in June 2004 for $330,000
- Sold in June 2007 for $340,000
- Originally listed at $419,900
- Reduced
- Currently listed at $409,900
- Taxes of $1344
- Central Air
- Bedroom #1: 10×13 (main level)
- Bedroom #2: 10×10 (main level)
- Bedroom #3: 10×10 (main level)
- Family room: 20×20 (lower level)
Is this listing a joke? I highly doubt the upgrades were worth $100k over the 2004 peak price.
I’ll admit I’m not a big fan of Bridgeport though, so this sort of price for a small ranch seems shocking. From the few people I’ve known from Bridgeport, it appears to be filled with uneducated, racist smokers who drive pick up trucks and conversion vans. I like that little enclave of homes in the western part of Bridgeport, but I read they were built by a political insider who cut corners everywhere possible.
“From the few people I’ve known from Bridgeport, it appears to be filled with uneducated, racist smokers who drive pick up trucks and conversion vans.”
I’ll play Joe Zekas: Sabrina, why do you tolerate anti-Bridgeportism and vile anti-white racism when spewed by a bigoted jappy b*tch that needs meds?
I was scrolling down and was like oh, maybe this is a well priced home that sabrina found, a 225k starter home! 400k for this is a joke!
Wow – Bridgeport is expensive!
Could McKinley Park serve as an alternative for somone wanting to live in Bridgeport?
with that second full kitchen in the basement, they’re either renting (illegally) the basement out, or it’s an “in-law” arrangement. But it’s still not worth $409. There aren’t many comps over there right now, but looks like there were some tear-downs turned into bigger properties recently. Says the last sale, at $340k ish was a “multiple property” sale, so this is WAY overpriced, if the $340k was for this plus something else, even if just an empty lot…
“uneducated, racist smokers who drive pick up trucks and conversion vans”
5 more for the list, Icarus.
” anti-white racism ”
Dude, she was talking about the Bridgeport branch of the kosher nostra. Didn’t you read the June newsletter?
Is this price a joke?
I used to live in Bridgeport and loved it. But come on! This thing seems to be over pirced by about $180k
2004 price seems high. They overimproved the property.
You guys aren’t accounting for the value of that kick ass blue marlin!
Come on over to McKinley Park. Much mellower and less dense than Bridgeport. Prices should be less, too.
And is there anything creepier than a basement hottub?
“Come on over to McKinley Park. Much mellower and less dense than Bridgeport.”
Does that mean the racists are better educated, smoke less or drive fuel efficient cars?
Chinese love to smoke and are notorious racists. They also are buying up this neighborhood.
Chinese are buying everything helmet. Change is constant and if you don’t change you’ll soon be left behind.
@Icarus, no, it means that there are a higher percentage of single homes occupying two lots or more, there are more single family homes versus two- or three-flats than the Bridgeport ratio, and it’s mostly residential.
“Chinese are buying everything helmet. Change is constant and if you don’t change you’ll soon be left behind.”
Watch out HD, Bob’ll accuse you of teaching your kid Mandarin.
To add to what Jenny said I was recently in Bridgeport walking south through residential to the arts center it was hot and around 1pm. I walked by a screaming obese white lady who apparently thought hysterically yelling profanities would accomplish something. It was just north of Bridgeport Village & I thought it must suck to have these white trash jerry Springer show guests near you to hear this if you plunk down the dough to live there.
But at least in Bridgeport village you get a nice newer riverfront (or near) house for your 450k.This listing is hilarious given its location & size.
(for those worried don’t–I was attending a drinking event at the art center not an art/cultural one).
“Chinese…are notorious racists.”
Can’t tell if danhofer means as a criticism or compliment.
“Chinese are buying everything helmet. Change is constant and if you don’t change you’ll soon be left behind.”
“Watch out HD, Bob’ll accuse you of teaching your kid Mandarin.”
Is there a good mandarin program in HDburb? Also, Bob, if you want to learn mandarin, my son’s tutor is v good.
Im old skool my kid is too going to learn latin
All of the dumb money is already committed. I used to work with a chinese guy who maybe made 70k and the wife 25k in service sector. Well they were newlyweds with twins & long story short she wears the pants & they bought a new luxury SUV & a NEW townhome down on 38th for 430k back in ’09 or ’10. Yeah good luck with that.. only bright side for them is its either Bridgeport/Chinatown or HK so they’re either staying put or lenders here wont have a shot collecting debts from someone abroad. Still just a jobloss & a paycheck away from distress..
“Chinese are buying everything helmet”
no they aren’t, they are too corrupt, stupid and poor to do that
Never understood Bridgeport’s attraction to upscale McMansion purchasers. Bridgeport proudly wears its hard-scrabble blue-collar working-class roots, and it’s weird to see white-collar professionals residing there. But suggest that everyone at least check out Alderman Burke’s fenced McMansion across from the large green lawn riverbank at NW corner of Bridgeport w/great view of industrial landscape. Truly an alternate universe of made guys.
Come on over to McKinley Park. Much mellower and less dense than Bridgeport.”
Does that mean the racists are better educated, smoke less or drive fuel efficient cars?
I suspect that by mellower it must mean they smoke different stuff.
BTW $356 per square foot says it all……. I can hear the buyers saying to their agents “this is nice but, lets go see the next house please!
If only you could put a Budweiser sign on that garage roof or build a skybox deck to host 200 person parties. Now then you would have an asset! Might I mention that up north in Wrigleyville that they might call it a depreciating asset. I’d suspect that given the constant hawking of rooftop seats on Groupon and other discount sites business has not been good. It sounds like the “rooftop partners” in Wrigley have passed their peak and are preparing for a drop in value equivalent to falling off the cliff. I keep hearing the Cubs say things like new scoreboard, ads, and ending some historical protections. That can only be bad news for the “rooftop Partners” until they come up with a higher than 7% share back to the Ricketts family.
“higher than 7% share ”
It’s 17% already (if that wasn’t a typo).
The fact that the Cubs are god awful this year might also have something to do with it. But yeah this tiny house is priced even above where it should be even if it were located in Wrigleyville.
anon – Good catch. It was not a typo I was wrong! Thought it was a measly 7% at least 17% WAS and I mean WAS better. Seems like the Rickett’s want some mo money from the “partners” in order to keep things the same.
http://articles.chicagotribune.com/2010-05-20/business/ct-biz-0521-wrigley-building–20100520_1_rooftop-businesses-ricketts-family-cubs-chairman-tom-ricketts
They even got involved in one rooftop in order to see what the “real numbers” looked like!
Suzanne researched this list price.
“Suzanne researched this list price.”
I enjoy that of Redfin’s 20 “comps”, only two are listed/sold above $275k. One is a Rojas listing that’s U/C at $375, having reduced from $429 in 5 weeks (and that I would take over this place every day). The other is really in Chinatown and has an extra 1.5 baths, and is 3 floors, so has better room sizes, and is asking $449; the only real relative downside is its proximity to the Ryan.
$410k ask price is insane in Bridgeport unless it’s a bona-fide McMansion. This is pretty far from that. Because nowadays you can get a newer much larger one, in a better location, for $400k.
MLS: 08106068.
Oh it’s not as near the Cell. But a few years ago there were newer bonifide McMansions even way nicer than the one I posted going for 450-540k brand new right near the Cell.
This posting is so comical because it’s obviously by an owner who lives in an alternate universe where people contemplating likely the largest purchasing decision of their life to date don’t comparison shop in the least.
There’s a bunch of other overpriced crap on the MLS in Bridgeport as well, houses similar to this with similar ridiculous ask prices. The listings cut ~10%, don’t sell & expire around 180 days, they disappear for six-twelve months, then re-appear to give them that “new” appearance on the MLS. As if the owner really believes that pricing of an asset worth hundreds of thousands of dollars is as simple as a middle/high school popularity contest.
This is going to be a very long, drawn out downturn if price discovery is still this disconnected.
“I enjoy that of Redfin’s 20 “comps”, only two are listed/sold above $275k. ”
I guess that makes this property unique and you can’t put a price tag on that. Or you can, and it’s in the $400’s.
“There’s a bunch of other overpriced crap on the MLS in Bridgeport as well, houses similar to this with similar ridiculous ask prices. ”
Perhaps this is where the agent, possible unfamiliar with the area, got the comps? I know closed sales are preferred to current listings so I wonder what recent sale activity in Bridgeport is like
I lived in bridgeport for awhile. you can’t smell it from here but when you go south of 35th and it’s just rained you can still smell the stockyard/blood smell. I think these 2 are the real comps.
http://www.redfin.com/IL/Chicago/936-W-34th-St-60608/home/14075782
http://www.redfin.com/IL/Chicago/3840-S-Lowe-Ave-60609/home/14073314
When you look at what is selling in bridgeport at the ~400K or even a little less mark you are talking about a totally different class of home – 2 story new construction, more like 3000 square feet.They may be crummy in their own way but they’re crummy in a much different way than a tiny 70s ranch.
http://www.redfin.com/IL/Chicago/839-W-33rd-St-60608/home/12885264
http://www.redfin.com/IL/Chicago/823-W-34th-Pl-60608/unit-1/home/14075213
http://www.redfin.com/IL/Chicago/3045-S-Farrell-St-60608/home/14079249
http://www.redfin.com/IL/Chicago/3230-S-Stewart-Ave-60616/home/18950334
First one was built in 2010 second one was sold to an idiot. In fact I’m betting FHA financing on that second one.