Selling 3 Years Later in Lakeview: 815 W. Addison
With the Cubs in the playoffs, who wouldn’t want to live right down the street from the action? (Okay- not everyone would.)
This 2-bedroom unit at 815 W. Addison, a 2005 rehab, has been on the market since March. It’s been reduced several times.
Here’s the listing:
LAKEVIEW/WRIGLEYVILLE REHAB. GREAT ATTENTION TO DETAILS! FEATURES INCLUDE: 42″ CHERRY CABINETS, 1.25″ GRANITE COUNTERS, STAINLESS APPLIANCES, HDWFLRS. THROUGHTOUT
STONE BATH, IN-UNIT LAUNDRY, CROWN MOULDINGS AND CONTROL HEAT/AIR WALK TO WRIGLEY FIELD, TRAINS, SHOPS AND RESTAURANTS. 4 BLOCKS FROM THE LAKE & RUNNING PATH!
No square footage is listed but from the room sizes, it is on the smaller size:
- Living room: 13×13
- Bedroom #1: 12×9
- Bedroom #2: 10×10
- Kitchen: 6×8
Chad Duda at Prudential Preferred has the listing. See more pictures and a virtual tour here.
Unit #1R: 2 bedrooms, 1 bath
- Sold in November 2005 for $260,000
- Originally listed in March 2008 for $299,900
- Reduced several times
- Now listed at $282,900
- Assessments of $280 a month
- Taxes of $3,470
Seems pretty mediocre to me. I have no idea what the price point should be for this area. 282K seems reasonable, but i’m sure later commentors will blast the asking price. probably rightfully so.
With $260K in 2005 $280K now isn’t that shocking — though I think it will easily still go down from there.
The big item (or lack thereof in this case) is parking. Some of the most difficult street parking in the city, particularly with the aforementioned baseball team down the street. It does not even mention if there is rental parking nearby.
That, as they say, is the rub.
Its Boystown, and I notice real estate prices are a bunch cheaper in that area.
that is a disgusting locationl. There is a gas station to the imeediate east, and the police station is immediately to the north. You can’t imagine the trash, noise and inconsiderate inebriation that people who live in this building have to put up with – both from Wrigely and from the gay bar strip on halsted. you’d litearlly have to pay me to live here.
otherwise the location is great.
oh, and the unit sux.
Bubbleboi, how do you really feel…
It’s probably “worth” $225k. It violates all of Stevo’s rules, so they should expect to lose money from an ’05 purchase.
bubbleboi–i’m “blown away” by your assertion that you wouldn’t want to live near a strip of gay bars. are you sure?
This isn’t quite at the “throwing in the towel” level, but close. I expect several areas to see REAL towel throwing as the summer buying season comes to a close. Of special note will be areas like the South Look/Museum Park area with too too many condos, too too many overvalued units, and at least two big buildings yet to even start closings.
This block of Addison has a tatty, shabby feel to it, and on game night, it’s impossible. You have to be a real Cubs fan to want to live here.
The apartment featured is small and boring. Why would anyone pay anywhere near the 2005 peak price for this, I’m at a loss to figure, let alone more.
$200K max.
$200K max.
$200k seems like a good price for a 2bedroom in Wrigleyville, no?