This 2-Flat Greystone On The Boulevard Has Been Rehabbed Into A 6-Bedroom SFH: 3051 W. Logan Boulevard

This 6-bedroom greystone single family home at 3051 W. Logan Boulevard in Logan Square recently came on the market. (Thanks to DZ for the excellent picture.)

It was previously a 2-flat and had been bank owned in 2009.

The property has been renovated into a single family home with 6000 square feet.

Built in 1910 on an oversized irregular lot measuring 50×92.1×59.85×125, the house has a coveted 3-car garage and multiple new decks.

None of the original vintage features in the interior appear to be remaining.

The entire interior has been gutted with a new kitchen with custom cabinets and SubZero and Wolf appliances and all new stone baths.

Three bedrooms are on the second floor, two on the third and one in the basement along with a family room and a theater room.

The Boulevard has been hot in the last few years.

Can this location support this nearly $2 million price point?

Victor Lang at Cloudview Realty has the listing. See the pictures here.

You can also see the previous listing when the house was a bank owned 2-flat here (but no interior pics).

3051 W. Logan Boulevard: 6 bedrooms, 4 full and 3 half baths, 6000 square feet, 3 car garage

  • Sold in January 1987 (no price listed)
  • Sold in June 2004 for $740,000
  • Lis pendens filed in June 2008
  • Bank owned in April 2009
  • Sold in November 2009 for $505,000
  • Currently listed at $1,788,800
  • Taxes are $8213
  • Central Air
  • Bedroom #1: 15×15 (second floor)
  • Bedroom #2: 12×12 (second floor)
  • Bedroom #3: 16×12 (second floor)
  • Bedroom #4: 14×10 (third floor)
  • Bedroom #5: 11×14 (third floor)
  • Bedroom #6: 14×13 (basement)
  • Family room: 21×17 (basement)
  • Theater room: 15×17 (basement)

122 Responses to “This 2-Flat Greystone On The Boulevard Has Been Rehabbed Into A 6-Bedroom SFH: 3051 W. Logan Boulevard”

  1. Cute!

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  2. “Thanks to DZ for the excellent picture”

    Wait a minute. Are you saying that if we include a picture, you’ll feature a property we are curious about? Game on.

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  3. Yes. There are million dollar homes all along Palmer, Humboldt, Kedzie and Logan blvd. With its proximity to downtown and expressways, i can see this being an alternative to West Town.

    “Can this location support this nearly $2 million price point?”

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  4. I would rather live in the Gold Coast for this type of money: http://www.urbanrealestate.com/property/67-E-Bellevue-CHICAGO-IL-60611-LX7T6GMMFNSBI.html

    Logan Square is OK, but it’s still far from downtown and isn’t completely gentrified yet.

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  5. we need anon(tfo) to help us determine whether this is really 6,000 sf. Two million buys a house in SoPo, does it not? I like the staging, cool furniture, the double/full bed is really awesome. Where do they sell this kind of stuff retail? or is it all Merch Mart showroom stuff, not retail?

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  6. If I’m going to live in this area I’d rather live here

    http://cribchatter.com/?p=14730

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  7. Nice (or, notsonice*) proximity to the farmers market.

    *HD would hate have the Che-shirt wearing leftists leafleting so near his manse.

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  8. “whether this is really 6,000 sf”

    building foot print looks to be about 30×50. Even with the dual-axis pitched roof on the 3d floor, it’s unpossible that’s 100% usable floor area. *definite* rounding up; but unclear if rounding from something like 5600 or something like 5200 (and, of course, really depends what you consider “valid” counting–do the stairs count??).

    Do not like the apartment-style back staricase/deck system. Do not like *at all* and especially not at the price, but maybe that’s just me.

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  9. “There are million dollar homes all along Palmer, Humboldt, Kedzie and Logan blvd.”

    Care to point to some? I don’t really disagree that some (w reno) would be worth well over a million, but I’m not aware of that many (any?). Wo having thought it through at all, have a hard time seeing over $1.5 for this. Personally don’t like many of hte finish choices. Hate that back deck area.

    “Nice (or, notsonice*) proximity to the farmers market.”

    Location has some pros/cons. It’s obviously v “heart of logan sq” and you’d have an easy commute w the underground blue line stop. But it’s also a block that has big apt buildings on it and doesn’t feel as grand as some other blocks. It’s also much less deep than blocks farther east.

    Also, where’d Chris M go?

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  10. Gorgeous home…except for the disco ball in the bathroom. Is the bathroom really the place to put a disco ball?

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  11. Someone called?

    I was actually the selling broker for the sale in 2010. Place needed a good amount of work but it’s tough to get a place on Logan for around $500k or less.

    I live closer to Palmer Square and a couple 2-flats have gone up sale on the boulevard there recently–both under contract in a week or two. Most recently was 3110 W Palmer Blvd and I was pretty surprised to see it go so fast. The area continues to get more popular.

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  12. I like the staging they did. Reminds me of some of the furniture my wife and I just picked up from The Room Place. We got the biggest sectional you’ve ever seen and it was only like $2899 with 0 down and 0 interest for first year.

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  13. My bad–I meant the 2009 sale. Hard to believe it was that long ago.

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  14. “except for the disco ball in the bathroom. Is the bathroom really the place to put a disco ball?”

    It’s the 3d floor bathroom, aka the party bathroom, so why not?

    The master bath, with the overdone marble many here have complained about in other houses, seems cramped and boring in comparison.

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  15. This house will fit right in with the beards, skinny jeans, and fixed gear bike set….

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  16. “it’s tough to get a place on Logan for around $500k or less.”

    Yeah, the place on SE corner of logan/fairfield sold for $550 and that was basically teardown value though the new owners are apparently taking the @fo-yurt approach.

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  17. It’s a very nice home. I just hate the the two large windows in the middle of the first and second floors.

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  18. As for the interior, you have to really like columns. Most of it appears overdone and pretentious.

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  19. It surprises me that homes in this area command such a premium…it’s far from the lake and far from downtown. While this area is nice, nothing strikes me as particularly posh about it.

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  20. “It’s a very nice home. I just hate the the two large windows in the middle of the first and second floors.”

    Exactly. The original windows were gone before the bank sale, but they really should have done something different here, or at least not used white trim – it looks like they just glued some molding onto the back of a single pane window.

    LOVE the bathroom disco ball. If my ceilings were higher I would put one in my guest bathroom.

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  21. “it’s far from the lake and far from downtown” Somebody check my googlemaps fu

    Distance to LSD ~ 4 mi
    Distance to Madison & State ~ 10 mi

    Distance from University Village to Downtown ~ 13 mi
    Distance from University Village to LSD ~ 15 mi

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  22. “Somebody check my googlemaps fu”

    Not event about the google, though it is a little disconcerting performance for our head wikier. You’re not actually from chicago, right?

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  23. ” I just hate the the two large windows in the middle of the first and second floors.”

    Exactly.”

    Wait … what?!?!!??

    Yes, if those windows have white mullions, that was a *huge* mistake. But it really looks like that’s just the blinds they installed.

    Seriously, they should have bricked up the windows to a smaller size, or used glass block or something?

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  24. The Kennedy Expy. access here is worth something. It’s more liberating for some, than where annonny lives. Ever try and get to/from the Kennedy to areas east of Halsted during rush hour, a Saturday, or during a rain or snow storm?

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  25. Beautiful place, but agree with “Hate that back deck area.”

    Total waste of space. otoh, easy enough to customize, although planting some decent landscaping will probably require a few years to get established so it feels welcoming.

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  26. “Not event about the google, though it is a little disconcerting performance for our head wikier”

    Unsure about mi = miles or = minutes, but not really right in either case.

    And, besides, the destination isn’t the loop, it’s someplace in River North. And the mode of transit is “car”.

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  27. $1.79 MM for Logan Square? LOL.

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  28. A Helmethofer post I agree with. We actually moved “west of Western” for precisely this reason. Having to suffer in bumper-to-bumper traffic 20+ minutes on a Saturday to get to the Kennedy blows. That access is impossible to put a price tag on, but there’s tangible stress-reduction and a quality-of-life boost.

    “The Kennedy Expy. access here is worth something. It’s more liberating for some, than where annonny lives. Ever try and get to/from the Kennedy to areas east of Halsted during rush hour, a Saturday, or during a rain or snow storm?”

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  29. Distance from University Village to Downtown ~ 13 mi
    Distance from University Village to LSD ~ 1

    It’s 2.6 miles from my place to State and Madison.
    It’s 2.7 miles from my house to the Shedd (which is right at the lake front)

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  30. ” though it is a little disconcerting performance for our head wikier.”
    how do you mean?

    ” You’re not actually from chicago, right?”
    more so than you I believe.

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  31. They should have sprung for custom windows. Yeah, I know it would be ungodly expensive, but if the house costs $2M I don’t want those craptastic windows. And I don’t think it’s the blinds.

    The nice ones I have seen have a decorative art glass panel that takes up the top fourth or third of the window, and double hung windows below – I’m sure I’m messing up the terminology somehow here, but hopefully you get the idea.

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  32. Used to face that awful drive from Diversey and Lakeview to the Kennedy quite often. Sometimes we even resorted to taking Wrightwood and short-cutting through the mall at Clybourn to get to Fullerton because Diversey was so horrible. I don’t miss that part of living in ELP.

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  33. “Yes, if those windows have white mullions, that was a *huge* mistake. But it really looks like that’s just the blinds they installed.”
    “And I don’t think it’s the blinds.”

    Definitely the blinds. I’ll send the original photo if anyone needs it. Also, do not like it when people use words I not know.

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  34. “Unsure about mi = miles or = minutes, but not really right in either case.”

    Hadn’t considered minutes but will wager groove $100 if his wife can drive from here to lsd under 4 minutes. And everyone can compare aapl posiitions.

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  35. “And I don’t think it’s the blinds.”

    Click thru and look at the interior pix of the living room and bedroom. I’ll bet a growler from Revolution (from the taproom, natch, bc anyone authentic enough to pay $1.8 here isn’t darkening the brewpub) that there are no mullions on those windows.

    “decorative art glass panel that takes up the top fourth or third of the window, and double hung windows below”

    Yes, they should have gotten full-wood windows, but (1) no one buying a gut reno wants to deal with that maintenance, (2) double hung not nearly as energy efficient, (3) the “main” window is *usually* fixed/stationary/unopenable when there’s an art glass panel above.

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  36. What’s the reason for the frequent Expressway use?

    Flying in and out of O’Hare weekly? Working in a western/northwestern burb? If the latter, why not move to the burbs? What’s $1.78 mm buying in hoods west of GBR/closer to the Expwy in Wilmette, Kworth, etc. these days? If the former, ditto.

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  37. “Definitely the blinds. I’ll send the original photo if anyone needs it. Also, do not like it when people use words I not know.”

    Wow, ok, those are some messed up looking blinds. Or maybe they just photograph poorly.

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  38. “Yes, they should have gotten full-wood windows, but (1) no one buying a gut reno wants to deal with that maintenance, (2) double hung not nearly as energy efficient, (3) the “main” window is *usually* fixed/stationary/unopenable when there’s an art glass panel above.”

    There you go being all practical and stuff. Jeez.

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  39. “What’s the reason for the frequent Expressway use? ”
    “Flying in and out of O’Hare weekly?”

    I don’t fly weekly but it’s still a pretty big plus. I can generally leave less than 60 min before my flight.

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  40. No doubt.

    I got so aggravated by the Diversey/Western/Elston intersection I used to go west on Logan from Diversey, by passing the inevitable 6 light-cycle Logan backup by utilizing the (at the time, anyway) less-utilized left-turn arrow to go SB on to Elston, then down to Fullerton.

    It was a route so surreal I am sure Picasso smiled from the great beyond, and I was already starting from almost Damen! The river arterial crossings are just a disaster on Saturdays, there’s no good solution that isn’t borderline illegal.

    “Used to face that awful drive from Diversey and Lakeview to the Kennedy quite often. Sometimes we even resorted to taking Wrightwood and short-cutting through the mall at Clybourn to get to Fullerton because Diversey was so horrible. I don’t miss that part of living in ELP.”

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  41. A truly cromulent preference.

    “Also, do not like it when people use words I not know.”

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  42. “will wager groove $100 if his wife can drive from here to lsd under 4 minutes”

    Already established that Groove’s wife won’t even deign to roll her eyes at the bet for only $100. Gotta make it $250 + gas money, at least.

    I don’t think I could make it in 4 minutes at dawn on a Sunday. Certainly not to someplace I could park, which is the whole point of “distance to the lake”.

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  43. “There you go being all practical and stuff. Jeez.”

    Had it been possible to do a restoration, rather than a straight up gut, I’d totally agree, *especially* if any portion of the original windows had remained. But with the interior they did, would have been a waste.

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  44. Hideously awful staging aside, every piece of ‘wood’ in the house appears to be MDF with a ‘wood’ veneer, and I’d bet $10 that the custom closet is entirely MDF. One would think that for a $1,7 million dollar home (west of western to boot), there would be some ‘real’ wood in the house. This is a developer’s special, complete with particle board everywhere but higher end appliances (the balance of which is probably still on the developer’s ABT credit card). They could have done so much better with this, I can’t think of what demographic who wants to live this far west is going to be interested in this sort of fixtures and decor. ps notice the grates on the basement windows? nice touch, eh?

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  45. “Already established that Groove’s wife won’t even deign to roll her eyes at the bet for only $100.”

    If it’s good enough for brad f, it’s good enough for me. Still, I’m willing to kick in $100 as prize money to make the tennis match happen.

    “from the taproom, natch, bc anyone authentic enough to pay $1.8 here isn’t darkening the brewpub”

    would want the new sample batches, surely? retail products are for the polloi.

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  46. In august I took a day off of work and took my kid to the zoo. I parked my car on some side street that parallels the oscar meyer school so as to grab some breakfast at some frenchie pastry shop in the area on webster and I noticed that none of the cars parked on teh block had the white ipass transponder attached to their windshield. Probably because so few of the vehicle’s owners ever feel the need to leave the city, or use the highway, that purchasing an ipass is unnecessary.

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  47. “would want the new sample batches, surely? retail products are for the polloi.”

    See, that’s a marketing idea for this property–a special brew for the buyer from Rev. “3051 Ale” or whatever.

    “notice the grates on the basement windows? nice touch, eh?”

    Inauthentic to not have them, hd.

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  48. ” Probably because so few of the vehicle’s owners ever feel the need to leave the city, or use the highway, that purchasing an ipass is unnecessary.”

    You’ve already forgotten why you don’t leave anything of potential value visible in your car parked on the street in the city?

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  49. “some frenchie pastry shop in the area on webster”

    Last time I was at floriole, we sat next to the absolute worst LP stereotypes–lot of chatter about euro vacations and some back and forth shouting at drivers-by about the prospects for michigan football. Croissant was crap. Speaking of which, boulangerie is back to not selling single items–8 croissant minimum.

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  50. ” I noticed that none of the cars parked on teh block had the white ipass transponder attached to their windshield. Probably because so few of the vehicle’s owners ever feel the need to leave the city, or use the highway, that purchasing an ipass is unnecessary.”

    LOL! or perhaps those people are smart enough to not want to give scumbags a reason to do a smash and grab?

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  51. “You’ve already forgotten why you don’t leave anything of potential value visible in your car parked on the street in the city?” and “LOL! or perhaps those people are smart enough to not want to give scumbags a reason to do a smash and grab?”

    I don’t think there is much value in an i-Pass transponder. It’s essentially free since your deposit eventually gets credited to your account, which is linked to a bank account so if stolen you can stop the charges and contact iPass and disable the transponder as well.

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  52. “Last time I was at floriole, we sat next to the absolute worst LP stereotypes. . .”

    And oh boy, I love fall, but with it comes the expensive jeans/North Face jacket uniform. Though I suppose I’d prefer to see that on the weekends rather than the dress pants/North Face jacket uniform come Monday morning.

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  53. “LOL! or perhaps those people are smart enough to not want to give scumbags a reason to do a smash and grab?”

    Exactly

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  54. “I don’t think there is much value in an i-Pass transponder. It’s essentially free since your deposit eventually gets credited to your account, which is linked to a bank account so if stolen you can stop the charges and contact iPass and disable the transponder as well.”

    1. Do you think the mooks who smash windows know that?
    2. Why take a chance of being wrong about #1?

    And yes, obviously realize that the use of a stolen iPass means you’d be on video using stolen property. Still not worth the chance of mook picking your car rather than the next one b/c of transponder.

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  55. I know several people, myself included, who have had cars broken into, and I have not once heard about any of them losing an IPASS in the debacle. They are free single purpose devices. I can’t imagine they have any secondary market value and I seriously doubt that anyone who is willing to smash in your window gives a rats ass about legitimately paying a toll.

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  56. “As for the interior, you have to really like columns. Most of it appears overdone and pretentious.”

    I agree, reminds me of Naperville.

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  57. “I know several people, myself included, who have had cars broken into, and I have not once heard about any of them losing an IPASS in the debacle.”

    Once had a window smashed when the only visible thing was a pack of toilet paper (admittedly, it was a 12 pack or something–so, like $5 worth), so it takes very little incentive.

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  58. “Still not worth the chance of mook picking your car rather than the next one b/c of transponder.”

    You really don’t keep yours on the windshield? Or you wouldn’t if you were a hypo parking on the street LPer?

    “Once had a window smashed when the only visible thing was a pack of toilet paper (admittedly, it was a 12 pack or something–so, like $5 worth)”

    In a pressing situation, could be worth a lot to someone. Or maybe they figured you had to be keeping your transponder int eh glovebox and settled for the tp as a consolation.

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  59. “In a pressing situation, could be worth a lot to someone. ”

    Makes me think of the extraordinary lengths to which H.I. McDonough went to obtain a package of Huggies.

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  60. “Once had a window smashed when the only visible thing was a pack of toilet paper (admittedly, it was a 12 pack or something–so, like $5 worth)”

    Once (more than once probably) I left my smart phone in my car overnight and it was still there the next morning, windows untouched. I’ve also inadvertantly left my car unlocked over night.

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  61. Gets you downtown in 5 minutes during off hours on weekends and later at night, and also to the hub of all of the other expressways like 290, I-55, I-57, etc.

    Personally, I love speedy access to all the joys of the universe (plus family) that live exclusively north of the Cheddar Curtain.

    “What’s the reason for the frequent Expressway use?

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  62. Dude, I left a guitar on my front porch overnight about 5 years back, in horrible, hardscrabble Avondale even. Still there the next morning, fortunately I found it before my wife noticed, as THAT would have been as bad as having it stolen – you can replace a guitar, can’t live down being so dumb you left it outside. In all fairness, I was coming back from a late gig and had multiple guitars and other gear to bring in.

    “Once (more than once probably) I left my smart phone in my car overnight and it was still there the next morning, windows untouched. I’ve also inadvertantly left my car unlocked over night.”

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  63. ” the absolute worst LP stereotypes–lot of chatter about euro vacations and some back and forth shouting at drivers-by about the prospects for michigan football.”

    Ugh.

    I would rather sit next to any _______-trash than Khazar-trash. Anything at all is preferable.

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  64. I’m with the haters on this one. The interior is overwrought, and the location, sorry gang, is only marginal. Sure you can walk to stuff, but Milwaukee Avenue is still pretty low-rent. I’ll admit that north of Kedzie, closer to the Logan Theater I’ve been pleased to see a whole batch of new stores opened, and way less vacant storefronts than ever before. But still, this close to Milwaukee is a negative, IMHO.

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  65. well, don’t forget whatever cash ya got

    anonny (October 15, 2012, 4:21 pm)
    “In a pressing situation, could be worth a lot to someone. ”
    Makes me think of the extraordinary lengths to which H.I. McDonough went to obtain a package of Huggies.

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  66. anonny, the LP yups have graduated to patagonia coats, north face is for us “poors”

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  67. I have written many reports for thefts from vehicles, and nobody has ever reported a stolen IPass.

    I also can’t fathom spending this much money (not that I have it) to live in Logan Square, but maybe there’s some trust fund hipster who will ride his/her custom fixie from Method Bicycles from here to the local coffee shops.

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  68. “I have written many reports for thefts from vehicles, and nobody has ever reported a stolen IPass.”

    Anyone ever reported stolen toilet paper?

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  69. When I was a kid, my family had a bowling ball bag stolen out of our car. The thief couldn’t get the stereo out, so he took my bowling ball bag out of the trunk and used it to carry around all the other stereos he managed to steal.

    The idiot also didn’t use the trunk latch to get into the trunk and instead ripped apart the entire back seat to get the bowling ball bag.

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  70. “The thief couldn’t get the stereo out, so he took my bowling ball bag out of the trunk and used it to carry around all the other stereos he managed to steal.”

    Was he caught? You seem to know an awful lot about how he managed his affairs.

    “ripped apart the entire back seat to get the bowling ball bag.”

    Did he know your bag was there? Did your family have a hatchback?

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  71. Dont Forget

    a 3.8% tax will be levied on you if you make over $500k married couples and YOU SELL YOUR PROPERTIES

    WHEN OBAMACARE KICKS IN

    you decide

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  72. Nice elphadelphia, you doubled the income requirement since the last time you posted this fearmongering bullshit.

    Put your foil hat back on and crawl back into your hole.

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  73. ” you doubled the income requirement”

    And got the trigger wrong, too.

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  74. DZ, they caught the guy. This happened in a hotel parking lot. They caught him with my bowling ball bag filled with stereos.

    We had a sedan…somehow the guy pulled back the back seat in such a way that the entire back seat was destroyed.

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  75. fred,

    its a fact

    even your fellow leftist self hating scum cant deny its a tax

    if I innocently got the income amount wrong , so be it

    your defense of the indefensible keeps your cred a zero or worse

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  76. busted freedie boy:

    http://www.snopes.com/politics/taxes/realestate.asp

    the text says YOU WILL NOT PAY THE TAX

    “UNLESS”

    UNLESS”

    and it gives the figures

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  77. it states”

    if you are high earner……

    and this will “only” affect about 3% of the people

    again, as stated

    its there

    you havent the courage to apologize so I wont expect it

    but you are sorry

    🙂

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  78. “somehow the guy pulled back the back seat in such a way that the entire back seat was destroyed.”

    I was just suggesting that perhaps the guy was not targeting your BBB, nice though I’m sure it was, and which to bring this back on topic, if you still have it could prob be sold for a good price at the grassy median right outside this house on farmers market sundays. (Median doesn’t sound like right but maybe @fo will have mot juste.)

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  79. Beginning January 1, 2013, a new 3.8 percent tax on some investment income will take effect. Since this new tax will affect some real estate transactions, it is important for REALTORS® to clearly understand the tax and how it could impact your clients. It’s a complicated tax, so you won’t be able to predict how it will affect every buyer or seller.
    To get you up to speed about this new tax legislation, the NATIONAL ASSOCIATION OF REALTORS® has developed this informational brochure. On the following pages, you’ll read examples of different scenarios in which this new tax — passed by Congress in 2010 with the intent of generating an estimated $210 billion to help fund President Barack Obama’s health care and Medicare overhaul plans — could be relevant to your clients.
    Understand that this tax WILL NOT be imposed on all real estate transactions, a common misconception. Rather, when the legislation becomes effective in 2013, it may impose a 3.8% tax on some (but not all) income from interest, dividends, rents (less expenses) and capital gains (less capital losses). The tax will fall only on individuals with an adjusted gross income (AGI) above $200,000 and couples filing a joint return with more than $250,000 AGI.

    http://www.realtor.org/small_business_health_coverage.nsf/docfiles/government_affairs_invest_inc_tax_broch.pdf/$FILE/government_affairs_invest_inc_tax_broch.pdf

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  80. So since you had to lie to defend your punk………..

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  81. “Median doesn’t sound like right”

    Parkway? Boulevard? Free Speech Zone?

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  82. Yes elphadelphia, per the information you just posted there is a new tax. Yes, I said it, NEW TAX. OBAMA IS IMPLEMENTING NEW TAXES – yep, saying that too!
    IF:
    a) You have AGI >$200k single, >$250k married
    b) You sell your house for more thank $500k more than you paid for it.

    I am in no way denying there is a new tax. I’m fine with new taxes. I’m denying that anyone who is posting on this board will have to pay it. So I repeat: Put your foil hat back on and crawl back into your hole.

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  83. liar

    I state there was some income level

    you said I was bs’ing on that

    as did your minion

    BUSTED!!

    “I am fine with new taxes”

    of course you are

    you need to punish others for being more successful than you

    like I said

    self hating socialist

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  84. “I’m denying that anyone who is posting on this board will have to pay it. ”

    Dude, I’ll be paying that tax.

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  85. I never stated “Anyone”/everyone will have to pay

    stay focused lefty

    stay focused

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  86. homed

    fred and his kind say you should be punished

    he is glad there are more taxes

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  87. “Dude, I’ll be paying that tax.”

    As it relates to real estate? If not, take it to yahoo or zero hedge or wherever.

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  88. Please quote exactly where I lied.

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  89. that tactic wont work with me

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  90. 3.8% tax on the amount over $500k, or, once you surpass $500k, the entire amount? And, is the $500 measured based on your actual purchase price, or on your equity/amount left after paying off mortgages?

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  91. The tactic of asking you to backup your baseless accusations?

    I reject your Republican tactic of making patently, factually false statements then standing behind them!

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  92. “3.8% tax on the amount over $500k, or, once you surpass $500k, the entire amount? ”

    The realtor.org link explains it.

    “And, is the $500 measured based on your actual purchase price, or on your equity/amount left after paying off mortgages?”

    Please tell me you don’t litigate tax matters.

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  93. how’s this for a source

    http://www.forbes.com/sites/kellyphillipserb/2012/10/10/9-tax-related-myths-about-selling-your-home/

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  94. Fred

    your Cloward-Pivens strategy is a failure as are you Occupiers

    save it

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  95. Icarus

    From YOUR LINK
    #8

    If your income is above the threshold and the gain from the sale of your home is more than the exclusion, the Medicare tax does apply but only on the portion of the gain that’s more than the exclusion amount

    no “fearmongering” etc

    a fact

    AND AS WE KNOW
    ALL TAXES GO UP AT SOME point

    once they are in the system they get pushed up

    but that doesnt matter at this point

    THE FACT THAT OBAMABOTS WOULD NOT WANT TO FACE THE TRUTH and of course try and pass their hate along

    proves that they have no respect for their potus

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  96. Hey elfadelphia, are you even a Chicagoan?

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  97. I didn’t realize I was trying to end poverty, I just thought I was trying to figure out what lie I told! You still won’t tell me so I will continue to believe I have not told any until proven otherwise.

    Yes, Obamacare will raise taxes on the wealthy who have had good luck in real estate. What’s your point?

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  98. fred

    the AMT was suppose to just affect the wealthy “who had luck”

    but as we see now its on middle income earners

    you Occupiers just cant figure it out

    so you remain the self hating racists that you are

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  99. Joe T

    part of your racial profiling game???

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  100. Does elfadelphia like the property in question?

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  101. I doubt he’s from Chicago or even is interested in Chicago real estate. He’s just trying to score political points, and failing miserably. Does he really think we’ll feel sorry for some fat cat pulling in a million a year who will have to pay a little extra tax when he makes a $500,000 profit selling his mansion?

    Whenever people tell me the wealthy should get a tax break, or complain that the wealthy pay too much in taxes (which is a lie), I reply, “To whom much is given, much is expected.” Particularly in times like these. This economy is in tough straits, and it’s not asking too much for the very wealthy to have taxes go back up slightly to where they were under Clinton during the longest peacetime expansion in history so we can deal with the huge federal budget deficits that began under Bush.

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  102. so you your ad hominem attacks are all you got!!

    another victory over self hating racist leftists

    🙂

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  103. “began under Bush”

    YOU “FORGET” with a Democrat controlled Congress that ran on and get elected, on the following:

    “we will not fund the war”

    first thing they did was…fund the war
    ahahhaha

    and Bush was economically more of a lefty than a conservative

    you lose agains

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  104. But, does elfadelphia like the property in question?

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  105. LOL, you and I have VERY different definitions of “middle income earners.” Median household income in Chicago is roughly $40k/yr.

    If anything, this thread has proven I am far closer to commie-pinko than occupier and I certainly don’t believe I have made any reference to race at any point in the conversation.

    I will end my participation in this conversation with the following statement: Die in a fire surrounded by puppies you fearmongering shit bag. I hope you self-deport after Obama is re-elected.

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  106. nomnomnom troll love attention nomnomnom.

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  107. Vl

    from the outside,

    its like a populist socialist good sounding /looking piece

    but one has to get to know what the inside is like so you can determine its “like ability”

    so as Harry Reid stated:

    quote Reid as saying privately that Obama, as a black candidate, could be successful thanks, in part, to his “light-skinned” appearance and speaking patterns “with no Negro dialect, unless he wanted to have one.”

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  108. There are interior photos.

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  109. fred

    thanks for proving your a self hating racist lefty

    its all good

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  110. Is Harry Reid a mormon?

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  111. Dan#2

    you wrote
    I reply, “To whom much is given, much is expected.”

    “given”

    so your NOT AGAINST THE WEALTHY

    BUT REALLY AGAINST THE POOR!!

    SINCE THEY HAVE BEEN “GIVEN”

    ahahhaha

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  112. Vl

    you’re beter off if you let fred do the posting for you

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  113. Since the poor “get” so much, buddy, why don’t you just declare bankruptcy and live on food stamps and Medicaid for a while? I’m sure the poor people on Medicaid and food stamps are just pleased as punch at how good they have it.

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  114. The last time I was at Aldi some woman kept following me around the store asking me for cash (purportedly to pay her phone bill) in exchange for letting me use her LINK card. She was relentless!
    I texted a friend who lived in DC with me during the Marion Barry years.
    He was like “CHI is fo’ realz, son!”
    CHI has a mythically badass image in his mind.
    Every time I go to the store in CHI or NY I’m shocked at the amount and type of people who receive benefits.

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  115. Then on the other side of things I met a woman who lives on the Southside and receives some Section 8 benefits and Social Security.
    She is a very ill young lady with diabetes and kidney disease with 2 teenagers to support.
    She had nothing in her house.
    She was obviously very poor, very ill and just scraping by.
    However Section 8 did not pay a huge portion of her rent compared to other Section 8 recipients even though she was clearly deserving.
    There are startling inequities in the system.

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  116. milk

    she could live better if charities took care of her

    but they run from the things that government is involved with

    end welfare and then those that are really in need will be served by those that see them day in and day out

    and if any fraud happens it wont destroy the economy

    welfare is the Dems way of keeping the poor as a solid voting block and then they keep them all angry ( like the haters on this bb) at those who have

    with welfare you keep their self esteem low

    its what the Dems “discovered” after their KKK sheets were pulled off their heads

    they discovered yet another way to keep blacks and poor whites subservs

    what did good old LBJ say about those benefits

    we’ll have those N”__________ voting Dem for the next 200 years

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  117. ok white racist lefty

    time to start screaming for me to be banned

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  118. “The last time I was at Aldi some woman kept following me around the store asking me for cash (purportedly to pay her phone bill) in exchange for letting me use her LINK card. She was relentless!
    I texted a friend who lived in DC with me during the Marion Barry years.
    He was like “CHI is fo’ realz, son!”
    CHI has a mythically badass image in his mind.”

    Great story. Chicago is bad you have to a sense of humor and look at all the nuttiness as a form of comedy. That’s how I deal with it. A sane, clean lifestyle is something that civilized city dwellers have to uphold based on memory, since it no longer exists.

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  119. Dannyhofer –
    If you ever want to drive around and get something to eat, let me know.
    I need driving practice so I can pass my road test.
    You are one of the more adventurous CCers and I like that.

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  120. “The last time I was at Aldi some woman kept following me around the store asking me for cash (purportedly to pay her phone bill) in exchange for letting me use her LINK card. She was relentless!
    I texted a friend who lived in DC with me during the Marion Barry years.
    He was like “CHI is fo’ realz, son!”
    CHI has a mythically badass image in his mind.”

    did you tell her that she could get a obama phone?

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  121. “did you tell her that she could get a obama phone?”

    oilc: You know there’s no such thing, right?

    Most of us subsidize phone service for the poor through the Universal Service Fund found on our phone bills (called “USF”). Maybe you’re one of those who have always wondered what that fee was for.

    The various programs were started in 1984 under Ronald Reagan- and it provided discounts for landlines. Now that wireless is the norm, it also provides discounts/lower fees for those. The phone companies in the program are the ones giving out the free phones.

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  122. Joke Sabrina, of course I know this. Another tax program swimming in fraud.

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