When we blogged this Kenwood property in October, we mused on its disjointedness with the historic streetscape. We felt it unkind to the block. In what's tempting to view as vindication, the ask has been chopped $200K in three months. But we're not so heartless to wish this upon a property, and given the last decade's slight overbuilding in the area, we're probably seeing a necessary price adjustment. That and, as a short sale, the seller is going to be motivated. As our commenters pointed out in the first post, contextualism aside, there's plenty more "crap-box" construction up and down the boulevard. Which makes this Limestone 4-bed not alone in its bland assault. And now that it's racing toward the half-mil mark, its comforts should start to outweigh its offenses. Let's recap: high ceilings, hardwoods, scattered glass block windows, a finished basement, decks, and a large yard make up the enticements. The location is good too, on a broad green boulevard three blocks from the lake and a dozen or so from Hyde Park. First listed at $799,900, the ask is currently $599,000.
·Listing: 4143 S Drexel Blvd [Coldwell Banker]
·A Misplaced Contemporary Limestone for $799K [Curbed Chicago]