This Is What a Million Dollar East Lakeview Triplex Loft Looks Like: 811 W. Aldine
This 3-bedroom triplex loft in the Mandel Brothers Lofts at 811 W. Aldine in East Lakeview just came on the market for the first time in 12 years.
It’s a brick and timber loft with 12 foot ceilings on the main level and 14 foot ceilings on the second level.
The main floor has the living/dining/kitchen and one of the three bedrooms.
The second floor contains the master suite and a second bedroom.
The third floor has a family room, a deck, and stairs that lead to a rooftop deck.
The kitchen has modern gray cabinets and stone counter tops with stainless steel appliances.
The listing says it has a new hot water heater and 2 new HVACs.
It has central air, washer/dryer in the unit and 2 garage parking spaces.
The listing also says it has no common walls.
Listed at $1.299 million, that’s appreciation of 72.7% since the 2004 purchase.
At 3100 square feet, which is larger than many Lakeview single family home, is this property actually priced too low?
Eric Carlson at Baird & Warner has the listing. See the pictures here.
Unit #6S: 3 bedrooms, 3 baths, 3100 square feet
- Sold in December 1995 for $350,000
- Sold in September 1999 for $655,000
- Sold in October 2003 for $715,000
- Sold in November 2004 for $735,000
- Currently listed for $1.299 million
- Assessments of $611 a month (includes cable, exterior maintenance, scavenger and snow removal)
- Taxes of $15,521
- Central Air
- Washer/dryer in the unit
- 2-car garage parking included
- Bedroom #1: 16×13 (second floor)
- Bedroom #2: 12×10 (second floor)
- Bedroom #3: 15×14 (first floor)
Is it now a point of bragging that you spent $800 for a water heater on a $1.3MM place?
Might be more impressive if the put in a hot water recirc system
Pictures dont convey 3100 sf
Thank you Bri Bri for giving us a decent place to chatter about!!!!!!
I think the place is awesome and pandering to my current midlife crisis. The decor will need to be changed, probably made bland as to appeal to all buyers.
Personally, after wife would knock sense into me, would probably spend the $1.3mil on a different place in a different spot. I like this one;
https://www.redfin.com/IL/Chicago/614-W-Surf-St-60657/home/13372186
but the relive my cool youth might draw me back to the loft.
crap the groove is now in a hypothetical dilemma.
Will our resident Abt employee weigh in on the appliances, i cant tell but they look a bit light for a $1.3m price tag?
ooh a black microwave over the stove, luxurious /nony
I’d definitely update those bathrooms and a few other things like put some cabinets on the kitchen island
love all the wood tho, refreshing to see something different
I have no idea what a place like this will sell for since its so unique but over a million for sure
Groove, anyone who would pay over a million for just 2 beds(next to an alley) would be crazy! At least this place has a third. Your linked house, wasn’t that featured on this site a few years ago, it looked like two old queens owned it and decorated it hideously(no offense, I am gay too..) they cleaned the place up well.
“I like this one”
a good time for a low ball offer 🙂 only on the market for 629 days.
“wasn’t that featured on this site a few years ago”
It has been on and off the market i swear like 3 years. And different staging options each time listed too i think.
dont judge me, but i liked the original hideous decor, i prefer originality even its extremely specific to the owners taste. the open bath and spa tub need to go quick though.
also its not facing the alley outlet, its one lot over so actually not bad.
IIRC it is a 4 bedroom, the owners just chopped it up to 2 beds. wonder the costs on re-configuring?
apparently the 1.1mil and higher price is not the market price for it.
But you dont get a huge tax bill or HOA fee if you go the SFH on surf route
Same hood, same sqft. Lower price and taxes offset the HOA difference.
https://www.redfin.com/IL/Chicago/3500-N-Lake-Shore-Dr-60657/unit-15C/home/79756663
which would you choose?
“the appliances, i cant tell but they look a bit light for a $1.3m”
Yeah, crap appliance for the overall effect of the place. dishwasher should be cabinet front. The range is a POS, fridge should be a built in. And, yes, there should be a real vent, rather than a microhood. Kitchen would look *nice* then.
“IIRC it is a 4 bedroom, the owners just chopped it up to 2 beds. wonder the costs on re-configuring? ”
“dont judge me, but i liked the original hideous decor, i prefer originality even its extremely specific to the owners taste. the open bath and spa tub need to go quick though. ”
LOL, no judge! I actually liked that I could see these two owners in my mind, and what they liked, how they live etc. I just wouldn’t want to clean the place up! Yes, the open bath needs to GO..I never understand why people do that.
“Yeah, crap appliance for the overall effect of the place…..should be cabinet front”
Agreed, in modern or *hip places cabinet front should be mandatory to have a clean line look.
I also when one is charging over a mil a vent hood should also be mandatory. And i don’t mind the microwave vent over a range in most situations, this is not those situations
“Yes, the open bath needs to GO..I never understand why people do that.”
see way to many of those highlighted on cribchatter for it to be normal.
Even for my single groove days the open bathroom thang is uber EEWWWWW!
Groove that unit at 3500 LSD is awesome. Take it any day over the subject property. Even with the absurd tv over the oven.
“Groove that unit at 3500 LSD is awesome. Take it any day over the subject property. Even with the absurd tv over the oven”
then you might like this one too with even 1300 more sqft and a real nice layout.
yes cosmetic updating will be needed in all rooms, but this building will eventually get a historic landmark someday.
https://www.redfin.com/IL/Chicago/320-W-Oakdale-Ave-60657/unit-1001/home/13369284
of all 4 of the properties now in queston, my need to feel cool again pulls me towards this adline loft, my pinky up sipping self likes the “yeah i live on Lake Shore Drive”, the fan of architecture self is all about the oakdale place (LSD and loft too), and the Groove hates the concept/communism aspect of condos and swings the SFH Surf place.
Now thats a McGaffer pad!
At this price I am definitely underwhelmed. I would have guessed sub 900K.
“At this price I am definitely underwhelmed. I would have guessed sub 900K”
I dont know IMO its a good negotiating list price. its a prime location with three levels of loftness. one shared outdoor roof space and one private. 2 parking spots
Yeah your on the alley side of the building, but you are removed from the halsted noise also the aldine traffic.
Your paying for the space, location, parking, and wood. the finishes are easily changed to your taste ad a immaterial cost
“the finishes are easily changed to your taste ad a immaterial cost”
$25k for the appliances that would make that kitchen pop.
Brother, can you spare $25k? After all, it’s immaterial to you.
“Brother, can you spare $25k? After all, it’s immaterial to you.”
If i am spending a over million on an apartment facing an alley and dropping $611 a month in rent on top of that $25K is immaterial.
But I should have specified *cosmetic finishes and decor.
That place linked to on Surf has been dropping the price by ten dollars a week for a couple months now. Clownish manipulation of the MLS if you ask me.
“That place linked to on Surf has been dropping the price by ten dollars a week for a couple months now.”
What has become of Chaz???