The guys on the client services end of our company occasionally get tips from their own broker contacts and pass them my way. Last week, someone at Koenig & Strey offered this rehabbed three-flat at 3306 S Lowe St as something we might want to check out.
The building dates back to 1890 but has undergone a makeover in the past year or two, making it, in the words of listing agent Robert Atkins, “Bridgeport’s premier certified green development.” The home as it looks today is at right; on the left side of the screen-cap at bottom, you can see the way it looked when Google photographed the neighborhood.
The one unit listed for sale is a three-bedroom / 2.5-bath duplex with over 2,600 square feet, priced in the $480s. (That includes a 1,000 square-foot loft with half-bath that can be used as an office or media room.) The home’s improvements include recycled woodwork and glass shower doors, man-made Zodiaq countertops, energy-saving light fixtures, Icynene spray foam insulation, Energy Star windows and doors, and a 95-percent efficient water heater, and European cabinets and bath fixtures.
The unit comes with one parking space. Assessments covering water and parking are $190 a month.
There isn’t much of a three-bedroom condo market in Bridgeport, especially east of Halsted — those that have sold in the past two years had significantly less floor space and sold from the high $100s to high $200s. In fact, this duplex on Lowe represents the high end of the price spectrum for condos in the neighborhood by an almost $90,000 margin; most of the listings priced between the $450s and $550s in Bridgeport are single-family homes (some with as much as 3,600 square feet) or multi-unit buildings.