With a fresh coat of paint (now lilac, not cream), it’s now available for sale at $ 2,489,000. This 1891 Queen Anne was named a Chicago Landmark in 2006, as it was the home of Wallace C Abbott, founder of Abbott Labs. It sits on a 92 x 165′ wide lot, and its refurbished coach house is currently leased.
This East Ravenswood home is one of several outstanding homes for sale in this landmark historic district:
4743 N Hermitage $ 475,000
4622 N Hermitage $ 1,050,000
4436 N Paulina $ 1,350,000
4632 N Paulina $ 1,449,000
4605 N Hermitage $ 2,489,000
4420 N Paulina $ 3,350,000
To see any of the historic single family homes for sale in East Ravenswood,contact Anne Rossley today!
Just listed for sale in Lakewood Balmoral is a lovely 1894 historic frame single family at 5306 N Magnolia. Like most homes in this historic Andersonville neighborhood, it sits on a lot and a half, and boasts a chef’s kitchen with stainless steel appliances and granite, a large deck and beautiful back yard. In all, there are 5 bedrooms and 2.5 baths in this 3600 square foot gem. It’s currently for sale at $ 1,025,000.
What I thought would be a mild Edgewater residents’ meeting got a little brittle last Wednesday.
Edgewater Development Council and Edgewater residents met to vote on the historic rehab of the Uptown Theater and its use as an entertainment facility.
A representative of the developer was in attendance, and Jim Wiggins (spelling?) expressed outrage that Alderman Mary Ann Smith wouldn’t meet with him. He wouldn’t respond, however, to her chief of staff’s response that the developer has reneged on a promise to deposit $ 5MM in escrow for the building’s facade restoration. According to Doug Frasier, this deposit was part of the agreement to purchase the theater. Ald Smith can’t trust a developer to appropriately use government money when the first promise made to the people, the $5MM deposit, has been broken already. How can we trust our tax money to a developer who won’t put up a measly $ 5MM in escrow on top of the $5MM acquisition cost (? -quoted in the meeting) ?
Despite not addressing this issue, Mr.Wiggens announced that Booth-Hansen is the architect of record, that the rehab will require $ 30-$50 MM, and that they have no drawings to present at this time. He said that the only way for this project to be profitable to the developer is to remove the historic seating and allow for flexible/movable seats, providing for 5,000 audience members.
The residents and board of EDC expressed concern about plans for parking. This rehab will create an outstanding entertainment district, as the Aragon, Riviera, and Green Mill already draw a significant crowd. Doug Frasier estimated the need for 1500-2000 (and as many as 3000) additional parking spaces, and he conceded that the neighborhood would have some “growing pains” as the theater is developed, and then parking options are considered.
In the end, I was one of the residents who voted in favor of the plan. There truly wasn’t much to debate — I would love the theater to be restored to its original grandeur and used as a first rate entertainment facility. For ten years, this goal has been discussed. I only hope it’s not ten more years before it becomes a reality.
This week in Chicago real estate, 3 historic properties went under contract:
1723 W Winona
This Andersonville home was built in 1896 – a 3 bedroom home on a standard Chicago lot, it was renovated in 2003 and is close to the Clark Street commercial district, red line, and Metra.
2100 N Fremont
One of the historic Italianate Fremont rowhouses, this 1875 home with coach house was lovingly restored. It’s one of a landmark group of homes – some of the earliest surviving properties built with the newly required “fireproof” masonry” post-Chicago fire.
225 W Eugenie
This 1874 Old Town treasure is a modern gem hidden behind the facades of 2 Victorian houses. A large private garden, lofted studio building, and 2 car garage are included, and “no expense was spared in the design, materials, or details of this private and sophisticated compound.”
For information on these or other real estate in Chicago, please contact Anne Rossley.
When I see vintage rehab opportunities like this, I get so excited — check out the bones on this bungalow in West Rogers Park! The original tile is still there, and while the wood floors are currently covered, they are still under the carpet and tile. Most of all, the outstanding stained glass windows are still intact — these are absolutely stunning!
I invite you to visit this property — stand in the front windows where you face south and get tremendous light. You can survey your kingdom – a gorgeous West Ridge Bungalow Historic District for 240 degrees.
West Ridge was just named to the National Register of Historic Places, and the homes now qualify for property tax incentives. The Chicago Historic Bungalow Initiative offers great information and opportunities for rehabbing these great landmark properties. Se the links below for more information.
Lakewood Balmoral homes continue to catch the attention of home buyers. This lovely 1899 Classical Revival home at 5247 N Magnolia just went under contract. Listed at $ 950,000, it’s a 5 bedroom home that sits on a 37.5′ wide lot and has tremendous curb appeal with its historic details and recent updates.
Lakewood Balmoral is an historic district in Andersonville, part of the Edgewater Community. For a look at other beautiful homes in this neighborhood, see Anne Rossley’s photostream on Flickr.