A Via Como Due update, ten years on

The 34 rowhomes in the Via Como Due development occupy part of the site of the Como Inn, a quirky, rambling Chicago icon for more than 70 years until it closed in 2001.

Via Como Due was completed in 2002 and units sold fairly rapidly at the time, with most of the sales in the $500K to $600K range. In tribute to the site’s history, exteriors have a vaguely Italianate look.

Belgravia Group, one of our sponsors, received a Silver Key Award for “excellence in housing design” from the Home Builders Association of Greater Chicago, and a Good Neighbor Award from the Chicago Association of Realtors, for the project.

The project is located at the far northwest corner of the Fulton River District, in the 500 block of North Peoria, just west of Milwaukee Ave. It’s a short walk from the CTA Blue Line stop at Milwaukee and Grand. There’s a cluster of interesting restaurants and bars at that intersection.

Units are owned in fee simple with a homeowners’ association, and have 3 bedrooms, 2 ½ or 3 ½ baths, first-floor family rooms, 2-car garages, and a small yard. Private roof decks afford excellent skyline views from some of the units.

Fifteen of the 34 units are apparently still owned by the original purchasers. Resales have been infrequent, typically at 10% above or below their original purchase prices. Over the years four units have been the subject of foreclosure proceedings.

Two units are currently on the market. A 3-bedroom, 3 ½ bath home at 531 N Peoria St, is listed at $560,000. It originally sold for $584,500 in August of 2002. The 3-bedroom, 2 ½ bath unit at 509 N Peoria St is listed for $499,000. It was originally sold for $461,000 in May of 2003 and resold for $475,000 in August of 2004.

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