A rare single-family in Noble Square

1461 W Cortez St, Chicago

Barring any last-minute scheduling conflicts, I’ll be spending part of my early Friday evening looking at homes in West Town with Prudential Rubloff agent Eric Rojas. Eric says the neighborhood has performed remarkably well over the past few months; hopefully he’ll be able to give us a good view into sales and availability during our video tour.

This morning I looked up listings in Noble Square, the pocket of West Town bounded by Ashland, North, and Chicago avenues and the Kennedy Expressway, where Eric and I will be spending part of our evening. I found a whole lot of two-bedroom condos and three-bedroom townhomes, but was surprised that just one single-family home was for sale in the neighborhood.

The 2,200 square-foot, three-bedroom / three-bath cottage at 1461 W Cortez St sold in 2002 for $282,500, returned to the market in July 2009 for an unknown price, went through a few rounds of price changes, delistings and relistings throughout the rest of 2009 and early 2010, hit $499,000 in early June, and dropped to its current price of $450,000 in mid-July.

The home has stainless steel appliances, granite countertops, and multi-colored slate finishes in the kitchen; two Jacuzzi tubs; a mud room; a finished basement with wood-burning fireplace; skylights; three balconies; a yard; and a 2.5-car detached garage. 2008 taxes were $5,041. Alicia Farah of Rubloff has the listing.

The location earns a a “walker’s paradise” Walk Score of 91, due to its proximity to shops and services along Division, Ashland, Milwaukee, and Chicago avenues, and an “excellent transit” score of 73, thanks to those streets bus routes and the Division Street Blue Line station to the north.

As I said above, there are two prevalent home styles for sale in Noble Square. Two-bedroom condos with two or 2.5 baths can range from the $190s to the $590s, with a median in the $340s. Three-bedroom townhomes, most of which have two or 2.5 baths as well, run from the $300s all the way up to the $790s, with a median in the $460s.

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