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Still For Sale: A 3-Unit Combination in the Carl Street Studios

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One square foot of this home in the Carl Street Studios has more character than some entire Chicago buildings, but that hasn't helped it find a buyer. As the story goes, Sol Kogen and Edgar Miller, a pair of Art Institute students, purchased a Victorian mansion in the 1920s, gutted it, and filled it to the brim with with colorful tile work, stained glass windows and sculptural elements made from reclaimed materials. In the mid-'80s, Miller returned to Burton Place (formerly Carl Street) to help rehab the building, and most of the units went condo in the mid-'90s. Three units were combined to create this 5,500-square-foot home, and it has been on the market since May 2009. (Check out Dennis Rodkin's 2009 video tour here.) Originally, it was priced at $3.1 million, but it has been reduced several times to the current list price of $1.8 million. How is this place still unsold?
· Listing: 155 Burton Place, 2 [Baird & Warner]
· A Three-Way at Carl Street Studios [Chicago magazine]