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Price of Vintage Gold Coast Duplex Drops $200K in 2 Years

We featured this vintage Gold Coast duplex back in April, and lovely though it is to look at, the place isn't selling. The 4BD, 2BA condo hit the market in spring 2009 for just a hair under a million dollars. Since then, the 3,050-square-foot unit has bounced on and off the market, with the price always dropping incrementally. Since March, the price has fallen a couple of times, and it's now down to $799,000. That's still quite a bit more than the current owners bought the place for in 2003, when they snatched it up for $674,500, but it's a significant price drop nonetheless.
· Listing: 871 N. Lasalle St. #3 [@properties]
· An Art- and Antique-Filled Victorian Rowhouse in the Gold Coast [Curbed]