The Rare 2-Bedroom Greystone Unit in West (Not East) Lakeview: 1737 W. Melrose
This 2-bedroom second floor greystone unit at 1737 W. Melrose in West Lakeview came on the market in April 2012.
It is rare to find a vintage greystone this far west in Lakeview. Most of them are near the lake front.
The building is also wider than the normal Chicago lot at 37.5×125.
This unit has many of its original features including original trim, pocket doors and a formal dining room with a built-in hutch.
It has both front and back decks.
The kitchen has stainless steel appliances, granite counter tops and cherry cabinets.
It has a washer/dryer in the unit and central air but no parking. The listing says parking is available to rent behind the building for $100 a month.
The unit has been reduced $7,000 in the month since it came on the market in April.
It is still listed $64,000 above the 2003 purchase price.
Will this sell for a premium over its last sale?
Lisa Borelli at Prudential Rubloff has the listing. See the pictures here.
Unit #2: 2 bedrooms, 2 baths, den, 1600 square feet
- Sold in May 2000 for $308,000
- Sold in July 2003 for $359,000
- Originally listed in April 2012 for $430,000
- Reduced
- Currently listed at $423,000
- Assessments of $136 a month
- Taxes of $4250
- Central Air
- Washer/Dryer in the unit
- No parking- but available for rent for $100 a month behind the building
- Bedroom #1: 10×12
- Bedroom #2: 10×10
- Den: 9×10
Small bedrooms, no parking, but looks nice enough and I believe is just inside Burley’s boundaries. The comps here are all newer construction or big buildings, but they make this look maybe 5-10% overpriced. $380k or so would make sense to me here, for a vintage fan who wants to be in Burley.
Wow. Beautiful. I think the pricing is a little aggressive for vintage, especially with no parking, but I love the look of this.
Finishings are a little blah to me….not exactly Waterworks charm.
Only five pictures for a property priced at $430k? What a slacker…
I cannot imagine that I would fail to notice if my property’s pictures were only partially presented on my realtor’s very own website. The 5 picture thing isn’t going to be helpful but there are more.
http://www.urbanrealestate.com/property/1737-W-Melrose-Unit-2-CHICAGO-IL-60657-3MJJR3U7RBUZ4.html
OK but certainly not great finishes but it’s way better to show what’s there than leave the impression that there’s a reason there are so few pictures. Nice woodwork!
Agree H. WTF is that agent thinking?