Townhouses Under $500,000 in Lincoln Park: 1812 N. Bissell
We’ve chattered about “affordable” townhouses in both Lincoln Park and Lakeview.
This corner 2-bedroom townhouse at 1812 N. Bissell in Lincoln Park is priced just under $500,000.
Here’s the listing:
Beautiful corner townhome in excellent condition. Home boasts cathedral ceilings, espresso stained hrdwd flrs, tons of windows w/high-end plantation shutters throughout.
Updated kitchen w/42 cherry cab, granite, SS app, lrg island, wine fridge & dining area. Lrg brick paver patio & additional deck off mastersuite. New carpet, 1 car garage, lrg bedrms, family room, surround sound & newer HVAC/Air. Perfect location.
The Real Estate Group LLC has the listing. See more pictures here.
1812 N. Bissell: 2 bedrooms, 2 baths, 1 car parking, no square footage given
- Sold in November 1993 for $195,000
- Sold in August 1994 for $219,000
- Sold in September 1996 for $235,000
- Sold in August 2000 for $312,000
- Sold in March 2005 for $427,000
- Currently listed for $499,900
- Taxes of $4,808
- Assessements of $100 a month
This strikes me as QUITE nice… but also overpriced. Hard to say, because I haven’t been looking lately, but… $400K? $425? What do you guys think?
Isnt everyone saying 2002 pricing? That would put it below 350.
A–2002 pricing is aggressive for anywhere in Chicago but for the most marginal/tanking areas (at least, if you are talking about paying today). So far, LP has held up better than other areas. I do believe it is in for a fall… but I doubt it would drop to 2002. I was thinking 2004 prices (which is more hearish than my predictions of about six months ago of 2005 prices for LP!).
I don’t, however, think this seller would accept 2004 prices if I offered it *today* (unless they are smart and want to actually move it, rather than carrying it over the winter). But I do think that 2004 prices are about what your avg. LP place is *worth.*
That being said, if the list was $350,000 I would run over and buy it this afternoon. 🙂
…..listing fails to mention this place backs up the the el’
This place is either backed directly up to, or within 50 ft of the “L” train for the Brown line.
it corner’s with an alley. it’s got the el out back. looks pretty nice otherwise.
oh… that information certainly changes my assessment. No more than $400K for the El and honking cars in my ear.
If you’re willing to live right on the L in Lincoln Park, there are better deals out there than this place. Most of the townhouses on Bissell just north of North and Clybourn have been listed for around 400K in the last year or so that I’ve been looking.
It’s not right on the L, just across the street. So I guess the place won’t shake but you will hear it inside. Terrible traffic in that area. I know someone who got a TH in bucktown last month for 500 that seems a lot nicer than this.
“It’s not right on the L, just across the street.”
Even numbers are on the west side of the street. The L is west of bissell. Hence, it is right on the L, unless the house number is incorrect.
number is correct, it’s got the el out back according to google maps/streetview.
Does no one else think that the living room is small and weirdly shaped?
Yes, that living room would definitely bother me based on the looks of the one photo.
Relisted 4/3/2012 with an ask price of 450k.
“Relisted 4/3/2012 with an ask price of 450k.”
Thanks Bob. This is a really OLD Crib Chatter post. It’s interesting to see the original CC properties coming back on the market 4 or 5 years later.
That other completely remodeled townhouse just a few doors down sold for, what $425k a year ago?
Relisted 8/9/2012 with an ask price of 439k.
This idiot owner’s been trying to sell this place for well over four years LOL
“12/15/08 Sale $470,000 Public Records ”
Whoops! Looks like the idiot in 2008 didn’t follow cribchatter. And now they’re hesitant to take a big loss.