Crib Chatter

This 3-bedroom townhouse at 820 N. Dearborn in the Gold Coast just came on the market.

If it looks familiar to some of you (and it should), that’s because we chattered about it many times during the bust.

You can see our August 2012 chatter here.

Back in 2012 it was a 2-bedroom but it’s come back on the market as a 3-bedroom.

The top floor “family room” now apparently has a closet and is now the master bedroom.

The other two bedrooms are on the second floor.

The kitchen now has white cabinets whereas before they were a dark wood.

This townhouse complex has 4 units. There is 1 indoor parking space and a second space on the parking pad.

The listing says the laundry room has been remodeled.

This townhouse was bank owned in 2009 but finally sold for $480,000 in October 2012.

It has come on the market for $195,000 more at $675,000.

Will they get the premium just 3 years later?

Unit #B: 3 bedrooms, 2.5 baths, 1800 square feet, 1 car parking plus second space in parking pad

• Sold in January 1996 for $230,000
• Sold in June 2005 for $477,500
• Sold in May 2007 for $750,000
• Lis pendens in April 2008
• Bank owned as of May 2009
• Originally listed in June 2009 for $589,900
• Reduced
• Was listed in July 2009 for $539,900
• Sold in November 2009 for $415,000
• Originally listed in June 2010 for $550,000
• Reduced
• Was listed in March 2011 for $530,000
• Reduced
• Was listed in August 2011 for $499,900
• Withdrawn
• On the rental market in August 2011 for $3700 a month
• Has come back on the market in August 2012 at $500,000
• (Looks like it was also listed on Craigslist in July 2012  for $4000 a month)
• Sold in October 2012 for $480,000
• Currently listed for $675,000
• Assessments now $186 a month (they were $146 a month in 2012)
• Taxes are now $9599 (they were $7932 in 2012 and $10,291 in March 2011)
• Central Air
• Skylights
• Bedroom #1: 16×13 (second floor)
• Bedroom #2: 12×11 (second floor)
• Kitchen: 8×9
• Family room- now a third bedroom: 16×13 (third floor)