Residential construction hasn’t hit a stand-still just yet, not even in a neighborhood like Albany Park. All six condos at 3300 W Lawrence Ave finally reached the MLS last week, at prices in the $290s to $300s for three-bedroom / two-baths and the $300s for two-bedroom / two-bath top-floor units. (One three-bedroom was listed all the way back in February for $349,900 but dropped gradually over the next six months, reaching $299,900 at the same time the rest of the homes came on the market.)
Listings mention features and finishes like island kitchens, 42-inch maple cabinets, stainless steel appliances, granite and quartz countertops, master showers with steam and body sprays, whirlpool tubs, in-unit laundry, and front (south-facing) balconies. (If there’s rooftop access for the fourth-floor units, it’s not mentioned.) Each home comes with parking.
The building’s elevator opens into each unit, so unless you really want to get to know your neighbors, you might consider buying a screen at IKEA and reminding your guests to stay decent around the entryway. (“THAT’S HOT!” scream the listings, so maybe this place is trying to cater to the voyeuristic set.)
You’ve gotta love the stupidity that defines development in Chicago.
A nice historic building with terra cotta gets torn down for this, while there was a perfectly worthless and ugly “village discount center” with a massive parking lot right across the street.
That’s the neighborhoods of Chicago for ya–keep building and building, yet move in every direction but forward. Places like the outer boroughs of NY keep moving forward while Chicago just eats their dust.
Just for that reason I would never buy a condo in this project. Developers who do stupid things don’t deserve to be rewarded.
I recall reading that the owners of the previous terra cotta building there let the building decay till the point where the roof collapsed and it was deemed necessary to demolish it. I’d like to know if the previous owners are the ones who are building the new building.
I lived down the block just north Spaulding when the orgiginal building collapsed. The power was shut off for a couple square blocks. It was a warm night and all the neighbors in my building got together on our decks and we got pretty tipsy…. it was a strange night as a lot of people were “sulking” around and it reminded me I should get a hunting rifle for power outages such as these.
Anywho, I’d spend my $300K in a lot of other locations and give up a second bathroom. You can get nice resale 2/1s with parking and low assessments all day long way east and in more stable, more desirable neighborhoods for $300K IMO.
I also saw the development at Leland and Kedzie ( close by, but a better location a few blocks southeast) selling out 2/2s with parking included for well under $250K. A little smaller units, but some went for $220s.