The East Lakeview Vintage 2/2 For Just $315,000: 427 W. Aldine
This 2-bedroom in Cortina Court, the courtyard building at 427 N. Aldine in East Lakeview, just came on the market.
We’ve been chattering about a lot of $500,000+ vintage units recently, but what about one that’s listed at $315,000?
Built in 1926, this high first floor unit has a formal entry, crown molding and several built-ins including a hutch and book cases.
It also has a stone carved fireplace mantel.
The kitchen has been remodeled and has white cabinets, marble counter tops and stainless steel appliances.
However, this unit is missing some of the features of the more expensive units including central air, washer/dryer in the unit and parking, which is leased in the neighborhood.
The unit is listed $20,000 under the 2008 purchase price.
Is this an entry level property for vintage lovers in this neighborhood?
Michael Frank at Keller Williams Preferred has the listing. See the pictures here.
Unit #1N: 2 bedrooms, 2 baths, no square footage
- Sold in April 1988 for $124,000
- Sold in August 2003 for $270,000
- Sold in April 2008 for $335,000
- Currently listed for $315,000
- Assessment of $424 a month (includes heat and cable)
- Taxes of $4517
- No central air
- No washer/dryer in the unit
- No parking (rental available in the neighborhood)
- Drapes excluded
- Bedroom #1: 14×10
- Bedroom #2: 14×10
- Dining room: 17×13
- Foyer: 9×8
Looks nice. The T.V. should be wall-mounted above that gray chair to the left of the fireplace. $300k seems reasonable, but it’s a small buyer pool. In unit w/d and parking, and to a lesser extent on vintage units, central air, are reasons to buy instead of rent a place.
Our very similar unit will be hitting the market soon and this is helping with pricing… Ours is above Addison so not in Nettlehorst (Greeley, which is getting better I’ve heard). We have the same gorgeous vintage style and even same assessments, but ours is top floor, has outdoor space, has a den AND a sunroom, and in unit w/d. If this is $315K I wonder what ours would be… $350? (We paid $380 and have put $45K into it)
If you click on the virtual tour they have a “smart floor plan”… ALL listings should have this! In it you can see a door connecting the bedroom to the kitchen. For late night snacking? Or maybe it was once a maids quarters meaning this was once a 1-bedroom? Also you can see that the master doesn’t actually have a closet, it uses a large hallway closet just outside the door.
kind of a killer for me without w/d…I wouldn’t buy a place without
http://www.redfin.com/IL/Chicago/433-W-Aldine-Ave-60657/unit-14/home/40386640
Looks to be the same building (contingent). $25K less and INCLUDES garage parking… yes it’s a short sale but still, I wonder how will this affect the subject property.
” I wonder what ours would be… $350? (We paid $380 and have put $45K into it)”
Be sure to send Sabrina the link and some photos and I’m sure she’ll feature it. I’m also certain the Chatarati will be more than happy to provide honest, uncensored feedback. 😀
I’m with Liz…i would never buy without a washer/dryer in unit.
No w/d? That’s brutal! Lovely space. That’s a pretty nice kitchen for the price point, and the living room and dining room live like a higher price point.
Nothing says you’ve made it like when you’re dragging your dirty laundry down the stairs to do it in the basement with a community washer/dryer
” I’m also certain the Chatarati will be more than happy to provide honest, uncensored feedback.”
Be careful, you might out urself
I truly don’t understand how people cope with using communal washer/dryers. I would probably just send my clothes out to be laundered if I lived in a place like this.
“I truly don’t understand how people cope with using communal washer/dryers. I would probably just send my clothes out to be laundered if I lived in a place like this.”
Bleach. Lots of bleach.
Is there anything preventing someone from installing a W/D? I suppose plumbing might not be set up for it. Too bad, as a lot of other units in this building do have W/D, so there’s no rule against it in the building.
Your butler can always do the laundry for you.
This is a great looking place and I think it may sell for close to ask. I love this area of Lakeview although it can be cold and windy in the winter in the summer it is absolutely gorgeous.
This is a beautiful apartment, and ought to sell close to ask. The assessment is reasonable and the taxes aren’t too horrible.
The lack of W/D needs to be addressed. This is something most people are dead set on when they buy, because hauling wash up and down the stairs to the basement coin wash is miserable. The only solution for this unit is to install the machines in the kitchen close to the sink, where the high pantry is now. There are no plumbing runs by any of the closets, so they’re out. The only other solutions are to give up the shower stall in the MB and install them there, which would mean the loss of a full bath, or store a portable wheeled washer/dryer in one of the closets and roll it to the sink or shower stall on laundry day. None of these solutions is ideal. I’d personally go with a kitchen installation if the association would allow it.
As if no w/d, A/c and parking weren’t enough, I just noticed. “Drapes excluded”
T.S.
let me know if u want to sell it off market and save yourself on a realtors commission and save me from indirectly paying that too. It would be a all cash deal with closing possible in 3-5 days.
Let me know
A washer/dryer are basic devices. Would you buy a condo without a toilet or with a communal toilet, like a dorm?
My grandpa lived in a high rise that didn’t allow washers in-unit because they worried that the pipes couldn’t handle the suds… the association outright banned them despite the exisistance of new, efficient models.
I also lived in a high-rise that banned W/Ds in units. No disposals either. Kind of a drag. But no communal toilets. That would be like living at the Abbott Hotel (on Belmont).
Reputable contractor please. For a kitchen job and possibly more. Thanks!
Anyone work with Walsh before?
“Anyone work with Walsh before?”
This Walsh??
http://www.walshgroup.com/
That’d be a biiiiig kitchen!
“Reputable contractor please. For a kitchen job and possibly more. Thanks!”
got a buddy who is a foreman and another buddy that works for them too. your best bet is to hire a few of the workers for a side weekend job pay under the table thing as anon(ufo) pointed out who their core customers are.
Thanks Groove, I know a guy who works for Walsh too, thats why I asked. Was thinking maybe he’d be able to help…
“Thanks Groove, I know a guy who works for Walsh too, thats why I asked. Was thinking maybe he’d be able to help”
yeah a weekend side job your guy would probably do, a big job then he will probably send you to a guy he knows.
if you look at it like this. a tile job=your guy, a full kitchen redo=contractor, a half bath=your guy, addition on back with a master & bath=contractor, porch/deck=your guy, finished basement with full on flood/seepage control=contractor, new flooring=your guy