This Is The Most Unique Townhouse For Sale In Lincoln Park Right Now: 524 W. Grant Place
This 3-bedroom townhouse at 524 W. Grant Place in East Lincoln Park has been on the market since September 2012.
What makes it so unique?
It was built in 1881, for starters.
It is also part of a 3-unit townhouse building where, according to the notes left by a Redfin agent about the property, the original owner in the 1980s split the vintage house into two- moving the back of the house to the back end of the property and built a new addition smack dab in the middle.
Viola! 3 units.
The front unit is currently on the market.
According to the Redfin agent, this unit has private access to the front porches as well as the front yard.
There is a door to the right side of the property which is where you enter all the units. (I should have taken a picture of it. It’s not visible in my photo or in the listing photo.)
The house has some of its vintage features intact including the original french doors and 3 fireplaces.
The living/dining and kitchen are on the main level, which is slightly below grade.
The kitchen has white cabinets and stainless steel appliances.
The second level has the family room and two of the bedrooms.
The master suite is on the top floor and has cathedral ceilings.
There is central air and garage parking.
It is a fee simple property which means there is no association.
Question- who pays for maintenance of the outside of the property?
What if the paint on that front deck starts peeling? Or the fence is rusting? Who pays for the landscaping and snow shoveling?
There also appears to be just one PIN number for this entire property- so it’s nearly impossible to figure out what it last sold for.
Redfin lists its last sale in October 2005 at $677,500- but we don’t know which unit that is that sold for that amount.
Will this townhouse sell in the $700,000s in this location?
Eudice Fogel at Prudential Rubloff has the listing. See the pictures and a floorplan here.
Unit #A: 3 bedrooms, 2.5 baths, townhouse, no square footage listed, 1 car garage
- Common PIN for all 3 units in the building so I’m not listing prior sales
- Originally listed in September 2012 for $729,000
- Currently still listed at $729,000
- Fee simple- no assessments
- Taxes of $9390
- Central Air
- Bedroom #1: 19×17 (third floor)
- Bedroom #2: 13×10 (second floor)
- Bedroom #3: 11×10 (second floor)
- Family room: 12×12 (second floor)
- Living/dining/kitchen: on the main floor
I have to admit that the interior is very pretty. The lack of an association makes me nervous. Even if there was an association, I would be concerned. It would make more sense for one person to have bought all three units, lived in one and rented out the other two.
“There is a door to the right side of the property which is where you enter all the units. (I should have taken a picture of it. It’s not visible in my photo or in the listing photo.)”
Last pic in the listing shows it, no?
No association and only one PIN? Doesn’t that legally make this place a co-op? If not, it seems to be the makings of a future legal nightmare.
This looks like a great place for a family, especially with the walk out patio in back. Hard to find that in the city.
“This looks like a great place for a family, especially with the walk out patio in back. Hard to find that in the city.”
The walk out patio is in the front of the building.
The interior is quite bland. Looks more like 1980s Elk Grove Village than 1880s Lincoln Park.
Shame about the below grade living space (wouldn’t want to be *at* grade, let along below it). Otherwise, notwithstanding the sketchy legal/maintenance aspects of the property, this place is pretty much what we’re hoping to find within the next couple of years: 3/2.5, family room, garage, outdoor space, w/d and central air, essentially within a few blocks of the park, in the $700k-ish range.