Would You Live in a Gated Community in the Green Zone? 1802 W. Diversey in North Center
This 3-bedroom single family home at 1802 W. Diversey in North Center came on the market in May 2014.
It is in a gated community of single family homes called Picardy Place that was built in 1995.
The kitchen has maple cabinets, granite counter tops and stainless steel appliances.
Two of the bedrooms are on the second floor with the third bedroom, or a family room, on the top floor.
It has central air and a 1-car garage.
Picardy Place is next door to another gated community bordering Diversey called Landmark Village which is one of the largest townhouse developments in the city.
But there are also gated communities in Lincoln Park and even in the Gold Coast.
City Commons is a gated townhouse development at 641 W. Willow in Lincoln Park.
Sutton Place, in the Gold Coast, is one of the older gated communities on the north side.
Suffice it to say, many of these gated communities were built at a time when their neighborhoods weren’t what they are today.
Yet the gates remain.
Would you live in a gated community in the Green Zone?
And what will it take to sell this house?
Jeffrey Lowe at Berkshire Hathaway KoenigRubloff has the listing. See the pictures here.
1802 W. Diversey: 3 bedrooms, 2 baths, no square footage listed, 1 car garage
- Sold in January 1996 for $206,000
- Sold in September 2001 for $310,000
- Sold in March 2004 for $412,000
- Sold in February 2008 for $425,000
- Was originally listed in August 2013 for $499,000
- Withdrawn in September 2013
- Re-listed in May 2014 for $469,000
- Reduced
- Currently listed at $459,000
- Assessments of $160 a month (includes snow removal)
- Taxes of $6601
- Central Air
- Bedroom #1: 12×15 (second floor)
- Bedroom #2: 12×13 (second floor)
- Bedroom #3: 22×13 (third level)
This one (and Landmark) are gated in part to keep non-residents from parking on the private streets. Of course also the crime/safety thing.
You forgot to mention the best gated community in the city, a short stroll from the loop, Kinzie Park.
Will it sell above the ’08 price? Mid-90’s awesomeness!
I love that pic 17 of 19 – the little tiny patch of green grass in an otherwise crammed developer special….it patch of grass supposed to be a selling point? Or a piece of sadness thrown in at the end..
I dated a girl a loooong time ago, she lived in one of those culdesac infested subdivisions in Batavia, these interior pics are an insane flashback to that exact place
“Will it sell above the ’08 price?”
’01 price, +cpi, equals $417k.
Hmmm, the sale history doesn’t match the history in the linked RF listing; the former owner’s of *that* one (whether or not it’s actually this one) fled to PR when they sold in 2004.
This one is so uninteresting and unappealing that I can’t bring myself to retype my prior comment that wouldn’t post.
I don’t see a 2008 sale and it looks like the current owners have been trying to sell for 6.5 of the 10 years they’ve owned it. Small 3/2 on a tiny lot, only 1 car garage. I think outside of this development it would be worth $575k or so, in there with the monthly fee and other downsides, maybe it will get done at $450k, pretty much asking.
“I think outside of this development it would be worth $575k or so”
You thinking a hypothetical SFR on a similar-sized half of a standard lot (say a corner lot, with two units facing the long side), or a townhouse/rowhome, or something else?
I do think that’s probably a little high for a ‘modern-ish’ sfr on a half-lot, say bt Wolcott and Damen.
“the former owner’s of *that* one (whether or not it’s actually this one) fled to PR when they sold in 2004.”
Everyone I met is a city transplant. There’s nothing wrong with it. I see it as a sign of maturity to want to move somewhere with *the best* schools, less riff-raff (except for teh hinkley park incident over the 4th) and a family friendly environment.
“I don’t see a 2008 sale”
I haven’t loooked but often they mess up the recording of the PINS. That’s why you pay for title insurance. I can generally read titles like physicians interpret MRI’s but like imaging scans they’re not perfect.
Bland, boring, and altogether unappealing to me though it is, it is a good deal for the money for the area. It’s modern, in good condition, and roomy. The taxes are not too bad. The maintenance is reasonable for a gated street. While it is not to my personal taste, it is a good deal for a family that wants to live in the city within easy reach of urban amenities. Schools may not be an issue for a family that sends its kids to private schools, anyway.
You might not need the gated streets for basic safety anymore, but it makes the street much safer for children who are playing outside and are prone to running into the street- nice to have a street with no through traffic.
The only real negative are the garbage dumpsters berthed right in front of buildings, visible in the photo.
‘”You thinking a hypothetical SFR on a similar-sized half of a standard lot (say a corner lot, with two units facing the long side), or a townhouse/rowhome, or something else?
I do think that’s probably a little high for a ‘modern-ish’ sfr on a half-lot, say bt Wolcott and Damen.”
It’s all spitballing. There’s not much that is a close analogue to this place, so you’re normalizing against other places other stuff anyway, especially in this situation. But this is not as annoying a location as further west, there is a litle to walk to, and it’s also in Prescott (I think), which people think is looking up. Do I think that someone would pay $575k for a place like this or 1714 W. Melrose on a niceish block, but not a major street, in Prescott? Probably.
“1714 W. Melrose”
Someone is really greedy on that flip.
“in Prescott (I think)”
It’s Jahn. If it were east of the tracks, it would be Burley, and would be $675 on a niceish block.
how did they get that grass to grow between the houses? i struggle with grass on the side of mine. it looks like hell and gets a lot more light than that cavern. guess they might have put sod down for the pic. false advertising!
“how did they get that grass to grow between the houses?”
Shade mix that certainly gets quite a bit of water (gutter overflow and back to front runoff) and has zero competition from other plants? Maybe??
[Apparently you have to LAG in on indiv threads.]
“Apparently you have to LAG in on indiv threads.”
huh. Worked ok for me with one LAG post. But have had that before.
“But have had that before.”
Maybe we could crowd source a LAG-free mirror of the chatter. And by we, I fear that’s probably just you and me.