Staging New Construction: 1718 N. Clybourn in Lincoln Park
If you’ve gazed west out the window while on the Brown Line in Lincoln Park, you’ve seen this new construction 2-unit building at 1718 N. Clybourn, which sits just north of the Crate & Barrel (among other stores.)
The top floor 3-bedroom unit has been on the market since August 2007 and has been reduced $101,000.
It was also a part of the Coldwell Banker 10-Day Sale event.
Here’s the listing:
Classic Design, Fantastic Location, Solid Construction, and Sleek Modern Finishes give you the ultimate in Urban Elegance. Relax or Entertain on the 500+ square feet of private outdoor Terraces that have impressive City Views.
Other feature include wide plank Bamboo flooring throughout, 8 foot solid core Doors, built-in features, elegant lighting and much more. This unique duplex Penthouse shares building with just one other residential unit (also available). Indoor Parking available for purchase.
Will staging help sell this unit?
There is no square footage listed but here are the bedroom sizes:
- Bedroom #1: 13×13
- Bedroom #2: 12×9
- Bedroom #3: 12×10
Jeff Graves at Coldwell Banker has the listing. See more pictures here.
Unit #3: 3 bedrooms, 3 baths, no square footage listed, duplex
- Originally listed in August 2007 for $799,000
- Reduced
- Currently listed at $698,000 (parking is $30k extra)
- Assessments are $200 a month
- Taxes are “new”
They’ve been working on this building for a while. Still don’t have all of the windows in.
The pictures are of a unit in a different building (except for the city view pic take from the unit’s terrace).
Thanks for the info D. Interesting that they’re actively marketing the reduced price when they don’t have the windows in (it looked like they did from the El when I rode by, however, but I could be wrong). I’ll be watching it to see how it plays out.
most of the windows are in, but not all (a couple in the back, and a few on the ground floor). it is across the street from the EL, which is blocked by other buildings, other than the Midas a few units over.
Given houses in LP of this size list for 2.5MM, half of a big LP house doesn’t seem like a bad deal for 730k.
Ya, I looked at this place….builder is in distress….there have been mechanics lien placed again property.
my immediate instinct was stay away.
YMMV
This place is substantially more attractive than other new condos. I don’t quite believe $730K for it, or $698K, but it is beautiful.
How about $500K?
Developer is Centerstone. or should i say was….Centerstone filed for Chapter 7 last month. this project is probably now controlled by a lender. Also got sued by one of their hard money lenders for fraud a while back. http://www.chicagobusiness.com/cgi-bin/news.pl?id=28446 There have been a string of agents listing their properties one after another. to me the units seem really tiny
I unfortunatley live in one her Centerstones other developements. RUN RUN AWAY FAST. Under NO circumstance buy in this building. I don’t care if they discounted if from $700k to 50 bucks!!!!!