Vintage 4-Bedroom Duplex-Up Penthouse is Back: 2948 N. Pine Grove in Lakeview
This 4-bedroom duplex-up penthouse at 2948 N. Pine Grove in East Lakeview just came on the market.
Built in 1922, the building has 10 units.
If it looks familiar, that’s because we’ve chattered about it several times, in 2013 and in 2017.
See our 2017 chatter here.
If you recall, it has a 2-story ceiling height with a second floor loft that overlooks the living room.
The main floor has the kitchen, living and dining rooms, a full bath, and one of the four bedrooms.
The fireplace in the living room is decorative.
The kitchen has white cabinets, marble counter tops, a subway tile backsplash, a white farmhouse sink, stainless steel appliances and a wine fridge.
In addition to the lofted family room, the second floor has three bedrooms and a full bath.
The listing says the bathrooms have been updated.
The unit has the features that buyers look for including space pac and washer/dryer in the unit.
It doesn’t have parking, but a transferable parking space is available for $180 a month across the street.
This unit is located near the shops and restaurants of East Lakeview.
After selling for $530,000 in 2018, it has come back on the market at $650,000.
Vintage 4-bedroom duplexes at this price point aren’t common in this neighborhood.
Will it get the premium?
Conor Scanlon at Jameson Sotheby’s has the listing. See the pictures and floor plan here.
Unit #2: 4 bedrooms, 2 baths, 2000 square feet, duplex up
- Sold in May 1992 for $207,500
- Sold in June 2000 for $318,000
- Sold in July 2006 for $469,500
- Originally listed in August 2009
- Sold in August 2013 for $406,000
- Sold in June 2018 for $530,000
- Currently listed at $650,000
- Assessments are still $489 a month (they were $518 a month in 2013) includes heat, exterior maintenance, lawn care, scavenger, snow removal
- Taxes are now $8410 (they were $9374 in 2017, $8422 in 2013 and $8104 in 2011)
- Space pac
- Washer/Dryer in the unit
- No deeded parking but transferable parking for $180 a month across the street
- Bedroom #1: 16×12 (second floor)
- Bedroom #2: 14×10 (second floor)
- Bedroom #3: 12×8 (second floor)
- Bedroom #4: 14×10 (main floor)
- Family room: 15×12 (second floor)
- Kitchen: 15×10 (main floor)
- Living room: 21×12 (main floor)
- Dining room: 16×12 (main floor)
Finishes are nice and price point appropriate
Should have just extended the “loft” all the way out to the wall, isolating the space would be good for a family with kids to give them a true play area where they could be noisy and not disrupt the entire house. Don’t see anything about a elevator – pita w/ 2 small kids + no parking (across the street in realator speak is < 0.25 mi). Not having 2 baths on the 2nd floor may be an issue for some buyers.
No radiators in the bathrooms are going to make them cold in the winter
HOA seems high as your paying for electrical
“No radiators in the bathrooms”
With the tub locations, I would expect them to be next to the door, just out of frame to the lower left.
“Should have just extended the “loft” all the way out to the wall”
yes, but appears to rely on the LR radiator for heating that space. So that might be part of the reason. Sucks, tho, as it is basically an oversized hallway as it is, and could have been really useful space.
oh, and the parking looks like it may be literally across the street, with the 2 4+1 rental buildings there.
“With the tub locations, I would expect them to be next to the door, just out of frame to the lower left.”
Possible, buy just an odd spot, especially with the upstairs bathroom – I dont think there’s much room between the toilet and where the radiator potentially is.
Also the 2nd fl blue bedroom doesnt appear to have a radiator and if there was a radiator to the left of the door in the bathroom, it would have made sense to have a radiator on the wall with the door/transom window. Also where does that 3 door go?
This place has a lot going for it. A family could last there longer than most places in that price range (even considering the parking and stairs). TV over the fireplace wrecks an otherwise lovely living room (why not up in the loft?). The kids are going to destroy those white dining chairs.
“oh, and the parking looks like it may be literally across the street, with the 2 4+1 rental buildings there.”
I don’t have a problem if it’s across the street. What’s the difference between that and behind the building? Not much.
“if it’s across the street”
Yeah, here not much diff, but as JU noted, often it’s across the street and the other end of a long block.
Not a bad unit and a nice location, but the duplex part just bothers me. It’s not the style for this sort of building and unit. I grew up in a 1920s courtyard nearby that had a lot of the same vintage touches in the interior, and those stairways and the space open to the upstairs just don’t go with it.
I realize I’m being picky and none of this matters.
Having no deeded parking hurts, and it bothers me too that there’s no outdoor space at all, not even a typical tiny Chicago back porch.
Very nice place for the money, and not only is the HOA not high, but $489 a month that includes heat and everything else but electricity, seems awfully low for a high-quality 2,000 square foot unit in a 1920s vintage building.
The HOA might even be TOO low. I note that it’s been lowered since 2013 and I wonder about that, since the costs of heat, common area electric, scavenger, water and the rest, haven’t exactly dropped since then. It certainly isn’t enough to build a good reserve, and no matter how good a condition your building seems to be in, you never know what can go wrong.