Beautiful Four-Level Lincoln Park Brownstone Lists for $1.575M
A lovely brownstone on Lincoln Park's Roslyn Place just steps away from the park has hit the market asking $1.575 million. The five bedroom home is plenty spacious and features a large rooftop deck along with four levels of living space. The home has been renovated but is by no means tacky or overdone. Instead, it's quite austere and classic looking and retains many of its original architectural features. But don't just take the photos for face value, go see this house in person on Sunday from 1 p.m. to 4 p.m. Be sure to bring your checkbook along and make sure you've got a stack of cash in the bank.
Has the Most Expensive Listing in Illinois Finally Found a Buyer?
The massive home on Burling Street that cannonballed onto the Chicago real market last summer when it publicly listed for a mind-boggling $18.75 million appears to finally have found a buyer after having held down the top spot on priciest listings in the state for the last several months. After the raw penthouse space on the 89th floor of the Trump Tower sold in eary December, a large mansion in the Barrington area became the state's priciest listing, asking $20 million. Once that home's listing expired, the Burling Street estate rose to the top of the ladder and has remained there until today, as a sale is now pending. There have been more expensive "pocket listings" since last summer, notably the Glencoe home that Groupon CEO Eric Lefkofsky paid $19.5 million for and the Park Tower penthouse that George Lucas and Mellody Hobson are believed to have purchased for $18.75 million, however, the large home on Burling Street has remained one of the priciest homes in Chicago and in the state since it publicly hit the market in June 2014.
Home of Iconic Modernist Architect Takes First Price Chop
It's the personal home of the architect who designed some of Chicago's most beloved buildings, but this angular house not been feeling much (if any) love since it listed in March. We're referring to Bruce Graham, who lead a four decade career at Chicago's Skidmore, Owings and Merrill and designed iconic structures such as the Willis Tower, the John Hancock Center and the Inland Steel Building. Graham designed and built this home on Lincoln Park's Cleveland Avenue in 1968, but it underwent an extensive interior renovation in the '90s. The stoic home certainly stands out from the usual greystone or contemporary new construction in the area, but perhaps the asking price is a little tough for buyers to justify. The home listed in March asking $3.8 million but has just knocked $300K off bringing the price to a round $3.5 million.
Chicago Bulls Star Joakim Noah Lists Lincoln Park Mansion After One Year of Ownership
[Photos: VHT Studios]
After just one year of homeownership in Lincoln Park, Chicago Bulls star Joakim Noah has listed his 7,500-square-foot mansion for $3.15 million. Rumors had been swirling in our anonymous tip line over the weekend that the home was being privately shopped around, but late yesterday, the home officially hit the public MLS. Noah, who closed on the mansion on July 14 of last year, is ditching his Lincoln Park home in order to find a new residence that is closer to the United Center and the Bulls' new practice facility, the Tribune reports. Noah paid $2.85 million for the home on this exact same week last year, but is looking to cash out on his investment, asking $300,000 more than what he paid. Built in 2009, the seven bedroom, five and a half bathroom mansion features custom millwork, and a rooftop deck space on top of the detached garage.
Open Plan One Bedroom Loft Near DePaul Campus Wants $330K
[Photos: VHT Studios]
Tucked away on a quiet Lincoln Park corner not too far away from the DePaul campus, this 1,200-square-foot offers the best of both worlds. It's close to grocery shopping, dining and public transit, but is just off the beaten path enough to feel private and exclusive. It's only a one bedroom unit, and perhaps early last year it could have been a member of the Under $300K Club but instead, it's asking $329,900 which promotes it to the Under $400K Club. Regardless, in late 2007, before the recession, the unit was asking $359,000 and sold for $351,500. You know what they always say—buy low and sell high. Perhaps it's not the lowest it could go, but the market is heading the other direction at this point and now is the time to buy. In-unit laundry and parking is included in the asking price.
15 Luxury Condos Coming to Lincoln Park's Burling Street
[Renderings: Envision3D/Pappageorge Haymes Partners]
One of Lincoln Park's priciest streets is getting some pricey new condos. Developers Sedgwick Investments and Contemporary Concepts Inc. have teamed up with architects Pappageorge Haymes Partners to build a new project at 1615 North Burling Street. Located just a couple of blocks away from the most expensive home on the market in Illinois, the new development will deliver 15 luxury units ranging from a 1,400 square foot two bedroom, two and a half bathroom model up to a 2,400 square foot, three bedroom penthouse floor plan. Expect Burling Street prices however, as the units currently range from $729,000 to $1.99 million. So far, two units have sold and delivery is expected by next summer.
Construction Underway on Clybourn Ave. Protected Bike Lane
The next Chicago protected bike lane is on it's way! Clybourn work is moving along at a good pace.Posted by Chicago Bicycle Program on Wednesday, July 1, 2015
Pretty soon, bicyclists will be able to rest easy while riding down one of the busiest roads in the city. Crews are currently working on the new protected bike lanes on Clybourn Avenue, which are set to become the first of their kind in Chicago. Unlike the protected bike lanes on Kinzie Avenue and Dearborn Street that use plastic bollards to separate cyclists from vehicle traffic, the new Clybourn bike lane will utilize concrete curb dividers. The new barrier-protected bike lane will stretch from North Avenue down to Division Street, and is being installed as a part of a pilot program to study the effects protected bike lanes have on traffic and safety. There's still a bit more work to do before it opens, but the new lanes are expected to be completed and open by the end of summer.
·Check Out Clybourn's New Concrete-Protected Bike Lanes [DNAinfo]
·Chicago Bicycle Program [Facebook]
·Check Out Clybourn's New Concrete-Protected Bike Lanes [DNAinfo]
·Chicago Bicycle Program [Facebook]
Lincoln Centre Redevelopment Heading to Plan Commission
The plan to redevelop the Lincoln Centre mixed-use development in Lincoln Park has earned the support of Alderman Michele Smith and will be heading to the Chicago Plan Commission on July 16. First unveiled early last year, the proposal has spent a considerable amount of time in the planning stage, but has also undergone an extensive redesign since it was first presented. Beyond aesthetic changes, the proposal shrank slightly in size, going from 122 feet in height down to 107 feet and lowering the total unit count from 225 apartments to 200.
Lovely Three Bed on Historic Fullerton Parkway Asks Just $439K
For well under half a million bucks, this lovely three bedroom, two bathroom condo on Fullerton Parkway can be yours. Located in a vintage yellow brick building, this 1,550 square foot unit is not only incredibly charming, but it's surprisingly affordable for the area. The home has been updated, but has been done so tastefully. One of the bathrooms will need some updating and the front balcony space could use a good cleaning, but otherwise the unit is ready to go. Homeowner association dues are only $388 per month, so prospective homebuyers shouldn't expect any big surprises.
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Clybourn Ave: Protected Bike Lane Construction Begins Today
City cyclists, rejoice. Construction of protected bicycle lanes on Clybourn Avenue begins today.
According to the Illinois Department of Transportation, the result will be a raised concrete median between bikes and motorized vehicles along Clybourn between North Avenue and Division Street, and on Division between Clybourn and Orleans Street.
The project will be completed in early August, with daily, intermittent lane closures required.
Most Expensive House Still Sits on the Market, One Year Later
Doesn't anyone with a cool $18.75 million have some room in their heart and budget to commit to the lovely home at 1955 N. Burling Street? It's the city's most expensive single-family home listing, having spent a year on the circuit.
Eerie Scenes of the Finkl Steel Demolition, Currently Underway
[Photos by Thomas Tomek]
The former A. Finkl & Sons complex in Lincoln Park was listed as one of Chicago's most endangered sites by Preservation Chicago just a few months ago, but many of the buildings that once occupied the 28 acre property have been demolished or are currently being razed. The fate of the old industrial buildings on the campus was sealed much earlier however, as reports of impending demolition began to circulate last September. As the buildings on the former Finkl steel campus are reduced to rubble, there has been much discussion and debate as to what comes next. There's no magic formula and there's certainly no plans etched in stone, however there has been some hints that the property's Planned Manufacturing District (PMD) zoning could be amended in the coming months, which would allow developers to propose retail and residential projects for the area. There's already one chunk of industrial property directly adjacent to the Finkl site that is on the market and seeking new uses. It's still very early to predict what will happen next, but many stakeholders in the Lincoln Park area are working feverishly on reports and recommendations for the future of the site.
This Sweet Clybourn Loft Can Be Had For Just $265,000
This loft on the northwestern edge of Lincoln Park is plenty spacious for a single person and with a $265,000 ask, it is certainly affordable. Listed as a one bedroom, this unit has an open floor plan with a lofted bedroom and one and half bathrooms. It's located on the building's top floor, so it's got pretty decent views and no noise coming from above neighbors. There's even a parking space included. So, what's the issue with this place? It's tucked away in an industrial corridor, so it's not exactly in the most walkable or aesthetically pleasing area. However, if you can deal with the location, consider this one a good deal.
Architect Gordon Gill Ditches Condo in Mies-Designed Tower
Photos: VHT Studios
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Who said star architects have to live large? Gordon Gill of Chicago's Adrian Smith + Gordon Gill Architecture has just unloaded his former condo in the Mies van der Rohe-designed 2400 N Lakeview in Lincoln Park for $833,000, Crain's reports. The architect has worked on some of the world's highest profile projects, including New York's Nordstrom Tower, Mumbai's Imperial Tower and Saudi Arabia's Kingdom Tower—which will become the world's tallest tower when completed. However, according to Crain's real estate reporter Dennis Rodkin, Gill and his wife purchased a home designed by Chicago's Larry Booth for $2.2 million back in 2009 and then sunk another $2.2 million in updating it. Gill's former condo is certainly much more modest, but it certainly makes sense that one of Chicago's most preeminent architects would live in a building designed by a Chicago-based architect who left behind a long-lasting legacy.
Alderman: Finkl's Zoning is 'Almost Like a Set of Handcuffs'
It feels like almost anywhere you look in the city right now you'll see demolition or construction activity, and one of the most sought after development opportunities in Chicago is the large 28 acre Lincoln Park campus that was once the home of the A. Finkl & Sons Company. Demolition of the industrial complex began earlier this year, but there's still been a lot of discussion as to what will come next. Everyone from developers, to neighborhood groups, to nonprofit organizations, to media outlets have offered different ideas, but it's going to be up to Alderman Brian Hopkins to preside over the process that will ultimately decide what the future of the area will look like. However, the current zoning of the site prohibits residential and retail development, and in order to propose mix-used developments for the former Finkl steel site, the planned manufacturing district (PMD) that governs what can be built on the property will have to be altered or even repealed.
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