With near 60 degree weather and pitchers and catchers reporting to spring training last week, my associate and I decided to head over to 3733 N Lakeview in Wrigleyville. If I were new Cubs outfielder Milton Bradley, and if I had his three year $30M deal in my pocket, I might drop $2.79M on this John Mangan new construction single family home.
Not all new five bedroom, four and two-half bath construction is alike. Here are five little things I liked about this home besides the lunch spread at the broker’s open (and I’m still looking for something not to like).
1. I feel good about the developer. I’ve personally enjoyed showing Mangan’s projects to my clients. He recently sold out a high quality row house development near my home ay Sunnyside and Wolcott. His row homes and single family homes feature distinctive detail, carpentry and millwork that look and feel great. In the past, he has generally received higher asking prices as a result.
2. The home was built to mimic the period architecture of the surrounding greystones. Even as large as it is on a 35 foot wide lot, the house blends in with its neighbors…and the new owner should avoid the ire of the anti-gentrification crowd. The feat was so well pulled off that the house initially looks like a two-flat greystone converted to a single family home.
3. The custom built-in kitchen cabinetry sets the home apart from its under $2M competition in the area.
5. You can buy the 30 foot empty lot next door with the house for a total of $3.79M and, according to the agent hosting the open house, the developer will work with the buyer on landscaping the lot.
3733 N Lakewood (without the extra lot) is the third most expensive home marketed in this Wrigleyville / Southport Corridor location north of Addison, east of Ashland and west of Halsted. Two other homes have sold for over $2M in the past year.
So Milton buddy, if you’re looking for somewhere to crash when camp breaks, give me a call. I suggest you buy the house with the empty side lot… I’ll negotiate the developer build you a private batting cage.