$1M off over seven months for a Howe Street home

1924 N Howe St, Chicago

A $300,000 price cut over the weekend has brought this 5,400 square-foot, five-bedroom / 4.5-bath home at 1924 N Howe St in Lincoln Park down to $3,195,000, a full $1 million less than where it started in October.

The home, listed by Rachel Krueger of Coldwell Banker, sits on a 44-foot-wide lot and features a living room with floor-to-ceiling windows; a gourmet kitchen and butler’s pantry; a separate dining room; two fireplaces; a master suite with spa bath and two additional en-suite bedrooms on the upper level; a family room with a fourth bedroom and bath on the lower level; a two-car detached garage; and newly landscaped front and rear yards.

2009 taxes are $47,202 with a homeowner exemption. The home was built in 1988 and last sold in 2000 for $2.3 million.

There are three other listings in the 1900 blocks of Howe and neighboring Burling and Orchard: a 3,200 square-foot three-bedroom priced at $1.39 million, a 6,000 square-foot five-bedroom priced at $2.79 million, and three proposed homes ranging $4.25 million and $8.8 million. Two homes on these streets have closed in the past six months, one for $1.6 million and another for $2.79 million.

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