The Half a Million Dollar Single Family Home in Edgewater Glen: 1347 W. Hood
What do you get for over a half a million dollars in Edgewater Glen?
This 3-bedroom 1903 Queen Anne at 1347 W. Hood has an extra wide 40×125 foot Chicago lot, which includes a side drive and garage.
It has hardwood floors throughout, vintage wood work, and stained glass.
The listing says the kitchen was gutted 4 years ago.
It has a partially finished basement with a bathroom.
But- the house also has no central air conditioning.
Mary Ellen Considine at Keller Williams Lincoln Square has the listing. See the pictures here.
1347 W. Hood: 3 bedrooms, 2.5 baths, 2462 square feet, garage
- Sold in May 1987 (public records don’t list the amount)
- Listed in September 2009 for $549,000
- Currently listed for $549,000
- Taxes of $7530
- No central air
- Bedroom #1: 16×12
- Bedroom #2: 13×12
- Bedroom #3: 12×12
“What do you get for over a half a million dollars in Edgewater Glen?”
It doesn’t get you Air conditioning! lol
If I were going to buy a SFH in Edgewater Glen it would be one of the newer ones built from that bankrupt developer for around the same price as this bungalow POS.
This is likely just another boomer counting on outsized appreciation for their retirement fund. No way this sells north of 430k at the bottom of the trough.
“Sold As-Is”
what 550k as is home in edgewater glen???????
“the kitchen was gutted 4 years ago.”
They gutted it and still installed a 20+ year out of date (other than the granite) kitchen? I’m sure someone here will like it, but I *really* don’t.
“this bungalow POS”
ps: Not a bungalow.
“ps: Not a bungalow.”
Fine but its bungalow sized.
edgewater glen (still just edgewater to me) that area has nice homes, and very well maintained too.
from what i can tell from the pictures is that enclosed porch, yes it was a porch at one time, wasnt torn down and redone, they slapped a bunch of windows and siding and called it a day.
That basement has some good ceiling height!!!
but no C/A is a deal breaker for me. I have to lug Window units in and out each season is a PITA and going forward my next place WILL have C/A and zoned heating. no more window units and radiators for this man
seems like a nice enough place. i guess the kitchen could be more modern but it looks functional. decent sqrft. not sure about this spot in edgewater. used to be hella sketchy but maybe it has improved. too bad the little bar on broadway with the 3 or 4 lane bowling alley was torn down a decade ago, but there is still the spiffed up hamiltons if you want to stare at college girls.
“hamiltons if you want to stare at college girls”
wow that brought back memories, hamiltons and Pump n Co.
3 words: Do Not Want.
The neighborhood is ugly, not much to do around there, and the house isn’t all that great either. the kitchen is terrible.
for the 550 – 650k arena i’d rather opt for a townhouse or smaller single family home in the lakeview area..there are definitely better options in this price range.
“the kitchen could be more modern but it looks functional”
Oh, no doubt it is better–functionally–than whetever was there before, but they *gutted* it in 2005.
Then the premium is for the wide lot? I can’t quite imagine the house footprint from the overhead photos; like 28’w x 35’l?
I imagine it might be nice to have a driveway and not have to come in through the alley…
“I imagine it might be nice to have a driveway and not have to come in through the alley”
i do love the driveway thing it is sweet and great view everyday coming home from work 🙂 the shoveling in the winter SUCKS 🙁
“but they *gutted* it in 2005”
anon,
why you hating on the kitchen reno? yeah i know the sad track lighting is rough, and the cabinet pulls are so 1980
as for me i am digging the white fridge (i hate SS appliances).
i guess you would hate my kitchen
C’mon guys . . . This is a pretty big house, on a 40ft wide lot, four blocks from the lake, in a decent neighborhood. It won’t sell at ask, but this price isn’t crazy. In fact, I would suggest this is the kind of property that would make sense to buy now.
Oh, wait . . . I forgot . . . anybody that tries to buy or sell property now is a moron that doesn’t realize the bubble has burst.
J,
you’re right about the lot and the house being 4 blocks from the lake. no offense to anybody, but i think the neighborhood is terrible. This price isn’t insane, but it’s just the fact for a similar price point you can get a much better location and home, minus the big lot.
Terrible neighborhood? Really? In what way is it terrible?
I suppose if you’re a single hipster it might not be your bag, but it has a lot going for it: quiet, family-friendly, close to the lake, the red line, LSD, and the Andersonville commercial corridor, low crime, decent housing stock, and relatively affordable.
Go buy another POS in Bucktown and enjoy your proximity to…well, the highway.
“why you hating on the kitchen reno? yeah i know the sad track lighting is rough, and the cabinet pulls are so 1980”
And the black and white tile. And SS range with the white fridge. And where’e the sink? Or the dishwasher? And what’s with the tile(?) in the corner–pantry? half-bath? stairs to basement? And why are the cabinets 3 inches from the ceiling (imagine cleaning that)? And why the 2 sizes of cabinet on the wall next to the odd corner?
“where’e the sink? Or the dishwasher?”
it looks like its on the other counter top (not the range counter top area) by the hallway
“And the black and white tile”
i love balck and white in the kitchen, 50’s diner style baby!
“And SS range with the white fridge”
that is a bad combo but Sears had a sale on that SS model in 2005 🙂
“And why are the cabinets 3 inches from the ceiling (imagine cleaning that)?”
wood was expensive in 2005?
“And why the 2 sizes of cabinet on the wall next to the odd corner?”
thats where the sink is!!!!!!
“thats where the sink is!!!!!!”
Okay, then where does that door lead?
And, if you’re doing 50’s diner style (baby!), granite is the wrong choice, the lighting is the wrong choice and the unmatched appliances are the wrong choice.
I’d be much more understanding if they had *not* gutted it. If you strip everything out and this is the best way to put it all back together, there’s something seriously wrong.
At least the house is festive, afterall that is one frightful looking kitchen!
I’d rather suck it up and move to Evanston. You’re practically there anyways.
I love Edgewater, but this house is way overpriced relative to incomes in this area. I’m familiar with the house and IMO it is an ugly dump, priced beyond the means of 90% of the population in this area.
It’s a nice,safe neighborhood with everything you need for day-to-day life within a two block walk. The neighbors are friendly, you have major grocery stores, hardware stores, some decent restaurants- try Broadway Cellar and Indie!- but it doesn’t have the bustle and amenity other, prime neighborhoods have.
The seller’s living in 2005. $500K is once more one helluva lot of money.
I think you’d be very surprised what SFH owners in this area make.
Very surprised.
The fact of the matter is that if you want to live in large SFH in a more exclusive neighborhood in Chicagoit’s going to cost some serious money. This home is a tad bit overpriced at $549,000 but I think as the price approaches $521,000, the magic number to get a conforming loan, this will sell …half a million dollars is still a lot of money Laura!
the residents of SFH in this hood make some money, ChrisM is right; IIRC Judge Lefkow lives or lived in this neighborhood.
It’s all a matter of perspective — when 40 x 125 is an “extra wide” lot, its like calling a 160 lb woman obese. If you look to any suburb, even inner ring ones like Evanston or Oak Park, that lot size would be VERY small for a $549k property. You can do better.
40 is extra wide, 25 is standard, and 50 is a double lot. 125 is a bit short though for the 40.
Comparing a city lot to a suburban lot is like comparing apples to oranges.
A double lot in the city is usually impressive; you need an acre in the ‘burbs to impress anyone out there. My buddy in Addison has lot that’s something like 200 by 300, it takes him half a day just to mow it.
I’m familiar with Judge Lefkow’s house, and it is not impressive. Not beautiful.
I know that incomes of 100K plus are commonplace but not $200K plus. Less than 3% of the population around here makes that.
And for THAT income, I’d want to live a bit more beautifully than a ratty old Victorian “farmhouse”-styled house. I’d hate to pay that kind of money for a house that makes my apartment look like Architectural Digest material compared.
Laura:
The buyers of this house are likely to be a professional COUPLE, so making $200k is relatively common for married professionals who is the target market.
My guess is the buyers are going to be a DINK Couple (or maybe have a very small child already) who are priced out of a decent houses in LV/LP or they may have to commute north but don’t want to leave the city. They may also be the type who don’t mind fixing up a place.
holy basement
A sibling lived in Edgewater-Glen in one of these 4-squares. Neighborhood is relatively quiet, but has certain quirks: Senn HS twice-daily cross-traffic, littering and shouting; little walking-distance retail or (non-Etheopian) restaurant choice other than uninspired Dominicks; gang problems at Thorndale El and at Thorndale Armory; neglected properties, etc.
Home prices are tend to be optimistically high for quality of building stock, and this house is a good example. Few houses are true professional quality renovations. I suspect this house is mostly in “original” condition, with exception of a amateur kitchen remodeling and a cheap paint job. Behind those painted walls are likely old electrical wiring, old plumbing pipes, deteriorated siding, old windows without weather-stripping or decent storm windows, little wall and roof insulation, older furnace, etc. These old frame four-square houses tend to need “to the studs” renovation to repair and replaced aged building elements.
Though Edgewater-Glen has some nice houses, it has plenty of “skip it” houses too. This one needs a full gut job.
ChrisM,
i’m not a single hipster, i’m more of a yuppie.
i’m just sick of people such as yourself giving credit to boring neighborhoods as being great.
i’ll take a home in any area of bucktown over edgewater pretty much any day of the week. unfortunately that would probably set me back closer to 700k. I’m just not a fan of edgewater…i think it’s an aesthetically boring, old, and relatively grimey neighborhood. say what you want about bucktown/wicker park, it’s full of vibrant restaurants, shopping, bars, and beautiful homes, as are lakeview and lincoln park. i don’t think edgewater holds a flame to it. home prices in the 2 areas are vastly different for a reason.
So. yeah. enjoy your proximity to loyola and Devon avenue. Also, if anything is a pos, it’s this house
. Also, i don’t think i’d be very surprised at what SFH owners in this area make at all. Seems like someone has their tighty wighties in a twist bc they may live around here.
ChrisM: “Go buy another POS in Bucktown and enjoy your proximity to…well, the highway.”
If you think that all that Bucktown has going for it is that it is close to the highway, well, then you’ve clearly never been to Bucktown. Or more likely, you are one of those people that goes to explore a neighborhood and eats lunch at Chipotle after hitting up Gap and Banana Republic. All in the context of defending Edgewater or whatever HOOD this is… Laughable.
I second what Riz says above.
Bucktown is miles from the lake. Some people care about that, some don’t. If you care about that, then you’ll probably prefer Edgewater. All the sniping about which hood is better is kind of stupid. People obviously choose different hoods for different reasons . . . beyond price.
I think Edgewater is a little rough around the edges . . . but I will never again live where I’m out of walking distance to the lake. If you share that personal preference, and you aren’t very wealthy, then Edgewater is one of the only places you can buy a single family.
I would personally consider buying this place (for the wide lot and the proximity to the lake) except that it’s kind of a weird spot. Look closely at the map: it’s four blocks to the lake, but you actually have to walk about eight blocks to get to public access. For me that’s the difference between a nightly stroll and a once a week walk.
A DINK couple making $150K can’t afford this without a huge downpayment. Never mind the $200K or so worth of work it needs.
This house would have easily sold for the listed price at the bubble peak, but times have changed. I doubt this place is FHA-qualified, and without that it is going to be very difficult to get it financed without a massive down payment.
I’ll take Andersonville’s commercial options over Bucktown’s 10 out of 10 times. But hey, that’s just me.
What I find personally amusing is those that intentionally ignore the single interesting geographical feature in pretty much the entire state of Illinois (the lakefront) and instead choose to live by the highway. Enjoy it. I wouldn’t.
I suppose Lakewood-Balmoral’s just a grimy sh**hole, too.
I haven’t spent enough time by the lakefront myself. Beach volleyball was fun with a core group of friends, but running / biking in a congested zone was never my speed. Would be nice for walks though if I lived closer.
Having a boat might also persuade me to want to live along the lake. What else am I missing that people enjoy?
Question for those well versed in ccrd.info:
If I look up a property, I always see two mortgage records. #1 is usually for something around $40-80k, and #2 for something in the 200’s, 300’s, 400’s etc. Does this mean the property has two mortgages?
So if I want to know the previous purchase price for a property, I add up both the mortgage records? Or is one of them a record of down payment? If its not a record of down payment, how do I find out what the down payment was? I know some of you have posted that info before and was wondering.
I’ve also seen a few properties registered in a “deed trust” or something like that? Its always for the sale price of the property as well. I’m trying to get an idea, offer wise, for a few properties and was wondering. Thanks.
Speaking of Queen Anne SF’s in Edgewater v. West…
This might be a comp worthy of consideration in that debate:
http://www.fizber.com/illinois-buy-single-family-home-11420003.html
If this 3/3 Queen Anne SF in NE Logan was worth $540k. . . well, this doesn’t seem to be a a rip-off.
(But you’re still comparing neighborhoods that only have price points in common).
The irritation with Queen Annes, though, and these two are typical: “where’s the other bedroom?” If they’re “3 bdrm,” there are always only 2, really, and the third is a closet or a basement accomodation.
“So if I want to know the previous purchase price for a property, I add up both the mortgage records? Or is one of them a record of down payment? If its not a record of down payment, how do I find out what the down payment was? I know some of you have posted that info before and was wondering.”
Mortgages do NOT give you the prior sales price on a property. Look at the warranty deeds or the trustee deeds.
Also- some properties will have 1 mortgage or none, if they bought with cash. So you can’t assume that you will “always” see the multiple mortgages.
a:
subtract the two mortgages (usually executed (not recorded) the same day as the warranty deed) from the warranty deed to get the down payment.
Sabrina:
$341 a sq ft for the Logan Sq. house? That’s funny.
The lake is extremely overrated – that this is coming from someone who’s lived no more than 1 block of the beach for five years in a row. It’s only usable a handful of months a year and the windchill factor in the winter is almost unbearable. I’m not all that impressed with the views of blue water either.
I’d rather live near a nice park, or a forest preserve, or even the river, to be closer to nature and wildlife and the like.
But everyone’s got an opinion, and there are more highrises (and people/congestion) along the lake than near the forest preserves or the various parks. But I like it that way.
Forest preserves are nice but these days you won’t be doing much on the river. I guess you could kayak and waste your time trying to catch fish you really shouldn’t eat.
The one nice thing about the river is that there are longer term projects to stop the combined sewer overflows and this is all within Illinois jurisdiction. No way can Chicago lakefront counties force Gary or Milwaukee to continue dumping into the lake.
While I don’t particularly care for this house, I do like Edgewater Glen. My son has a friend who lives in the area, maybe even on this block and it is very nice, a lot of nice prairie style houses from the beginning of the Twentieth C. People have a nice community of families here too.
I don’t believe that these people are priced out of LV/LP. Some are priced out of Lakewood Balmoral. You can get home from the loop on LSD quicker here thanif you live in Lakeview. This nabe is much less congested and I think the people who live in the houses here appreciate that.
Am I biased. Yes. I just completed rehabbing a three flat very nearby and have it fully rented with excellent tenants who could afford to live in LV/LP but choose to live here.
“This might be a comp worthy of consideration in that debate:
http://www.fizber.com/illinois-buy-single-family-home-11420003.html”
This looks like what happens when the Dollar Store throws up in an Amish Museum.
Okay, then where does that door lead?…And, if you’re doing 50’s diner style (baby!), granite is the wrong choice, the lighting is the wrong choice and the unmatched appliances are the wrong choice….I’d be much more understanding if they had *not* gutted it. If you strip everything out and this is the best way to put it all back together, there’s something seriously wrong.”
i agree anon, the fact that they gutted the thing and did this is whats making you angry rrrrrrrrrrrr 🙁
one positive of the gut is, well you can hope, that there are new pipes and electricals in the wall 🙂
I’m sorta suprised at the hate that this house inspires. I think it’s really nice, even recognizing that the renovation might not be up to par. throw in the 40 foot lot and i think it’s a decent deal for the neighborhood (which i am not a huge fan of).
I think it should sell for at least $500k.
“The one nice thing about the river is that there are longer term projects to stop the combined sewer overflows and this is all within Illinois jurisdiction.”
I think we’re already at the point where it is very, very unlikely that there will be a raw sewage dump into the river and lesst han 5 years away from it being such a remote risk as to be safely ignored.
That said, the big continuing problem for the river is that treated sewage is still dumped into the river and there is NO PLAN to change that. So, every day we dump a huge bio load into the river that consumes most of the available oxygen leaving an aquatic environment that is not suitable for your typical sport fish or much of anything else. Until the city decides to enter the 70s on sewage treatment, the river *can’t* realize it’s full potential.