The “Fugitive House” Is Back On The Market And Is Also Available To Rent: 336 W. Wisconsin In Lincoln Park
We’ve chattered about this 5-bedroom modern construction single family home at 336 W. Wisconsin in Lincoln Park several times in 2012.
See our July 2012 chatter here.
It’s commonly known as the “Fugitive House” because the movie, with Harrison Ford, was filmed in it.
It went under contract in August but then came back on the market a few weeks later.
The listing says “Nothing else compares!”
If you recall, it was built in 1981 on a larger than average Chicago lot of 32×126, it has a lot of features you don’t normally find in single family homes including a sauna, an elevator and an indoor pool.
It also has a 3 car garage.
The kitchen has white cabinets and a stainless steel refrigerator.
There are 3 master suites.
The house is still listed at $3.699 million.
But if you don’t want to buy it, perhaps you would like to rent it? It is currently available for $17,000 a month.
Since the rental market is so hot, will it be more successful at finding a tenant in 2012 versus a buyer?
Margaret Wilczek at Prudential Rubloff still has the listing. See the pictures here.
336 W. Wisconsin: 5 bedrooms, 5 baths, 6129 square feet, 3 car garage
- Sold sometime before 1994 (?)
- Originally listed in June 2011 for $3.95 million
- Reduced
- Was listed in March 2012 at $3.699 million
- Under contract briefly in August 2012
- Currently still listed at $3.699 million
- Taxes of $48,845
- OR you can rent it for $17,000 a month
- Central Air
- Sauna
- Elevator
- Indoor pool
- Bedroom #1: 15×19 (third floor)
- Bedroom #2: 12×22 (second floor)
- Bedroom #3: 13×16 (second floor)
- Bedroom #4: 13×14 (second floor)
- Bedroom #5: 14×18 (fourth floor)
- Family room: 17×20 (main floor)
LOL 17k a month? Even with your 5 investment banker bros scenario they’d have to pay 3400 each… LOL!
i still really like this house, wish I could afford something like it (except a few years more modern even though i frickin LOVE the 90’s)
I think the modern place on Sedgwick and Wisconsin was rented for around $10k. Its significantly smaller but has a more updated interior. I would think that implies around $12-15k in rent for this. The problem with this place is it would require significant child proofing for any family that would live here (which I think would be the target audience given the size and # of BRs) and that would be a large cost for a 1 yr rental. I would love to know why the previous contract fell through. I think this is in the historic district and is probably one of the newest homes you could buy in the OTT area. A comp would probably be:
http://www.redfin.com/IL/Chicago/1828-N-Orleans-St-60614/home/13344010
Which I think implies around $450 / sft = $2.8mm.
What’s so funny about “LOL 17k a month?”
The house is massive and needs updating. The additions over the years makes the house choppy upstairs but its an impressive home.
A wild out of the blue guess would probably be $600-750k to rehab the place since it has a pool, elevator etc.
wow that orleans house is hideous
Has any place in the city rented for that much?
“Has any place in the city rented for that much?”
I’m not sure. However for what they are asking and for what it will most likely sell for, upper 2 to low 3, it should rent for $17k +- 10%.
But, I’m not in this bracket so who knows and from a numbers stand point it makes sense to me. In my hood $4-5m homes rival this place so with updating I don’t see why this place couldn’t fetch upper 3’s to low 4’s. Wide lot, unique architecture, massive sqft and a lot “amenties” that require lots of hard to get permits already installed.
Sounds like a Manhattan rental price, not Chicago. Maybe it could swing $10,000 a month. That’s about the top price for a rental I’ve seen in Chicago. And if I wanted a sauna and indoor pool, I’d belong to a health club. It’s a lot cheaper.
Crib Chatters tend to forget that there are still a lot of wealthy individuals out there. That being said, those people are not going to rent this place for 17k. Just a guess.
In the current rental bubble, everything in Chicago can rent for Manhattan prices!
“Maybe it could swing $10,000 a month. That’s about the top price for a rental I’ve seen in Chicago.”
I believe the penthouse in my building is currently rented for $13k/mo. I don’t think they are *that* uncommon in River North/Gold Coast/Streeterville. Realtor.com lists 3 currently available in 60610 and 2 in 60614 (including this property). Certainly not the norm, but I don’t think this is that much of an outlier.
Please post the link to the rentals on realtor.com
60610: http://www.realtor.com/homesforrent/60610/price-9750-na
60614: http://www.realtor.com/homesforrent/60614/price-10000-na
That Orleans place is downright nasty. It may make an “okay” office building but not a home.
This “Fugitive” house is pretty cool… but I think it will take some unique person to rent it at $17K. Sports star or Rosie moving to Chicago type thing.
None of those rentals seem all that special. The Astor one looks nicest but there is no parking which is a killer. I like the Orleans house interior but it’s definitely “cold”. I’d rather have that than the dated modern of the Fugitive house.