This Flip Was Cancelled: 1952 N. Seminary in Lincoln Park

Remember this vintage unit at 1952 N. Seminary in Lincoln Park that was bought in 2007 by 606 Development Group, renovated, and re-listed in July 2008?

It was professionally staged.

It never sold. The listing was cancelled.

See the pictures here.

Here’s the history again:

Unit #3: 2 bedrooms, 2 baths, dining room, no square footage listed

  • Sold in June 2001 for $417,500
  • Sold in October 2004 for $455,000
  • Sold in August 2007 for $496,000
  • Was listed in July 2008 for $597,000
  • Cancelled 
  • Assessments of $187 a month
  • Taxes of $5950
  • 606 Development Group, Inc. has the listing (here’s the website)

5 Responses to “This Flip Was Cancelled: 1952 N. Seminary in Lincoln Park”

  1. I see a short sale in the near future for this one.

    0
    0
  2. Lets see, Gold Coast properties starting to go for their 2000 price, which puts Lincoln Park a little under. Hmmm, 375k.

    0
    0
  3. Maybe I can get a short sale on the patio furniture. That stuff looks great.

    0
    0
  4. Yes that patio furniture looks great… until it rains 🙂

    0
    0
  5. So, what’s the right price for this place? Looks to be back on the market… $500k?

    0
    0

Leave a Reply