Two Years Later This Southport 2-Bedroom Returns to Try Again: 1304 W. Cornelia
We’ve chattered about this 2-bedroom vintage unit at 1304 W. Cornelia in Southport several times over the last few years.
It was first listed in 2011, just 14 months after its previous sale, but was withdrawn without a sale.
It then came back on the market in 2012 at a reduced price but again failed to sell.
You can see our 2012 chatter here.
If you recall, the second floor unit has the amenities buyers are looking for including central air, washer/dryer in the unit and garage parking.
The unit has some of its vintage features intact including hardwood floors throughout and a built-in hutch in the dining room.
The kitchen has granite counter tops, stainless steel appliances and 42 inch cabinets.
It’s in a prime location, within close walking distance to the shops and restaurants on Southport as well as the Southport Brown Line stop.
The market has changed since 2012 and is now favoring the sellers.
Will the third time finally be the charm?
Richard Goodman at @Properties now has the listing. See the pictures here.
Unit #2: 2 bedrooms, 1.5 baths, 1200 square feet
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- Sold in September 2006 for $360,000
- Sold in July 2010 for $350,000
- Originally listed on September 5, 2011 for $374,250
- Price was changed on September 13, 2011 to $349,250 (now with $25,000 for the parking which is still $374,250)
- Delisted in November 2011
- Was listed in July 2012 at $339,000 (parking included)
- Withdrawn in 2012
- Currently listed at $344,900 (parking included)
- Assessments still $150 a month
- Taxes still $5098
- Central Air
- Washer/Dryer in the unit
- Bedroom #1: 13×10
- Bedroom #2: 10×9
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Tube TV? Wow! Bet they’d take $1k off the price if you agreed to keep it.
widescreen tube even… I have a friend with a 4:3 Tube and make fun of him so much
“Tube TV? Wow! Bet they’d take $1k off the price if you agreed to keep it.”
Had a really hard time trying to give away my 32 inch tube in 2005ish.
“widescreen tube even… I have a friend with a 4:3 Tube and make fun of him so much”
4:3 is better, worse to have gone down the road partway, buying an hdtv tube, which is just slightly worse than buying an hdtv (dlp) projection set, which is what I have.
This unit has already reduced to $339,000. Why isn’t this selling? It’s not like there is a lot of choice in the prime Southport locations in this price point.
Why isn’t it selling? If I had to guess it would be it’s a little overpriced, a little worn and the living/bedrooms are a little small. Combine all that and it’s going to take a little while. But who knows…