We Love Duplex Timber Lofts With Rooftop Decks: 2111 W. Churchill in Bucktown
This 2-bedroom loft at 2111 W. Churchill in Bucktown has been on the market since April 2011.
In that time it has been reduced $10,000.
The penthouse loft has 15-foot timber ceilings and exposed brick.
Both bedrooms are on the second level.
There are also several outdoor spaces including a rooftop deck with views of downtown.
The kitchen has granite counter tops and stainless steel appliances. The baths are natural stone.
With the parking, this loft is listed $50,000 under the 2007 purchase price.
Is this a deal for the location and square footage?
David Wolf at @Properties has the listing. See the pictures here.
Unit #312: 2 bedrooms, 2.5 baths, duplex, 1650 square feet
- Sold in August 2002 for $416,000
- Sold in June 2007 for $550,000
- Originally listed in April 2011 for $495,000
- Reduced
- Currently listed at $485,000 (plus $15,000 for parking)
- Assessments of $419 a month (includes cable)
- Taxes of $7208
- Central Air
- Washer/Dryer in the unit
- Bedroom #1: 12×18 (second floor)
- Bedroom #2: 11×13 (second floor)
If it included the parking, it would be considered.
Standard developer finishes…it looks like something converted 7 years prior. You could do so much with a space like this but developers just keep doing the same old thing. Also, note how the vein in the marble in the shower goes all different direction….it should all go the same direction even if separate tiles. And, yes CLIO, I am a picky child of a baby boomer who wants value for my $$$$.
local, that should be “$” – this place and neighborhood is nowhere near the “$$$$” you gave it.
I was thinking that this place reminds me of my house, but that’s because I’ve got all standard developer finishes too! It’s a nice place though, I certainly wouldn’t be unhappy living here, but I don’t know if it’s worth this much.
Hate to say it, but this is vverpriced by nearly $100k, I think. Maybe the 2002 price is in the right ballpark. This part of Bucktown is lousy with properties like this and most of them are much better done with lower carrying costs. Those little balconies are nothing to get too excited about, and the rooftop deck is public. I’ve seen far better properties, with lower carrying costs, at this price point in the “good” parts of Lakeview and Lincoln Park, so no one in their right mind is paying $500k here for this.
Is the duplex portion lofted under the existing ceilings or into another floor of the building? It looks like the latter, but I wasn’t sure.
JJJ – I don’t think that this part of Bucktown is lousy, but I think on a square footage basis alone, this is priced high. Just for comparison (not saying that these places are at all alike other than they are duplex ups in elevator buildings with rooftop decks in same part of Bucktown):
http://www.redfin.com/IL/Chicago/2236-W-Armitage-Ave-60647/unit-402/home/12726792
“I’ve seen far better properties, with lower carrying costs, at this price point in the “good” parts of…Lincoln Park.”
You’ve seen (i) 2 bed/2.5 bath top floor, duplex-up units measuring at least 1,600 sq ft, (ii) with w/d and central air, (iii) a garage, (iv) balconies and a roof deck, (v) in better condition than this property, (vi) in the “good” parts of LP, (vii) for under $500k plus $400/mo fees? In what year?
I would be tremendously interested to see even one such listing.
What’s my baby’s name?
Better go check the bedroom wall.
Ugh. I hate the baby’s name on the bedroom wall thing.
You could argue in this case, that they were just trying to make the place as move-in ready as possible, given how popular that particular name is these days…!
Oh, the fun of having a very common name!
“I don’t think that this part of Bucktown is lousy”
I was using the “lousy with” construction, which means “there are lots of them” like “my block is lousy with kids.” It’s not a judgment on quality.
ah. ok. my bad.
“I would be tremendously interested to see even one such listing.”
First of all, I’m not sure that this place is a legitimate 1650 square feet, if any of that area is lofted above the rest of the unit. And it’s certainly unique – if you must have a third bathroom or love duplexes up, and like Bucktown and paying too much, maybe this is just the place for you.
I also know that you have a bit of a douchebag’s definition of the good parts of Lincoln Park (no offense, I mean douchebag in a nice way, I’m just saying), but in about 5 minutes I would say that 07721842, 07758942, 07805432, 07853230 (too far south for you), 07859438 (too far west for you) and 07831602 (small, probably) probably all have many of those attributes. If you want to look at something closed, check out 07604717. You probably should have bought that one if that list is really what you’re looking for.
“Just for comparison (not saying that these places are at all alike other than they are duplex ups in elevator buildings with rooftop decks in same part of Bucktown):
http://www.redfin.com/IL/Chicago/2236-W-Armitage-Ave-60647/unit-402/home/12726792”
I agree with you, that’s a tough comp for the subject property. If it sells with both parking spaces at list, that’s just $424 – $76k cheaper than list for this property. Finishes look about the same.
In Re: 2236 W ARMITAGE Ave #402
I think that is an excellent deal on a quality looking unit, but then I see the crib and it makes me cringe. I too have a crib which will soon turn into a daybed and possibly back into a crib further down the road. This unit says “do not plan to stay long with children”
I would agree that it is overpriced. Makes me wonder if sellers just list the property just above their short sale threshold to see if they can get out of it and go rent a house in the burbs for a while.
“BettyBoop on July 26th, 2011 at 1:11 pm
If it included the parking, it would be considered.”
Parking is only $15K, so you think this is priced right at $485K (with the parking thrown in)? Hmmm…we’ll see I guess.
Maybe I don’t understand what you mean by “it would be considered” – by who? You?
I don’t have kids and am not up on the latest trends in child-care, but I’m betting that the “name on the wall” thing is probably being suggested by various “experts” as a way of making his/her own name the first word that the child reads (as opposed to says aloud, which will always be “mama” or “dada.”)
And oh yeah, speaking of kids, what about the day-care and school situation…
Haha. Just came across unit #308 which is listed for sale by owner for $649,900. Hahahahaha.
http://www.redfin.com/IL/Chicago/2111-W-Churchill-60647/unit-308/home/40052901
Now I am just chatting with myself, but here is a place nearby that I think is priced appropriately and offers nice space:
http://www.redfin.com/IL/Chicago/2330-W-Armitage-Ave-60647/home/13356731
– $50,000 less
– parking (garage and space) included
– low assessments