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3/2 Humboldt Cottage Affords Alternatives to 'Tear Down'

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Not every undersized, underdressed property in Chicago's trendier neighborhoods is headed for tear down. They don't have to be, anyway. But smart brokers know that's how to pitch a sale of any squat cottage that doesn't sing for the camera. When this three-bed candidate hit the market July at Cortez & Western, the listing agent put a few plausible options on the table: replace with a multi-family in accordance with R-4 zoning; replace with a brawny single-family; or do a gut-rehab. Four months later, the agent has her story straight and it's all about the tear down. The 2,000-square-foot home is owner-occupied and had recently served as a 2-flat. It's actually pretty unflawed inside and out, just not fresh, architecturally saucy, or well-appointed. The property includes two terraces, a backyard with gardens, and a two-car garage. The asking price has slipped a little to $300K. Tear down? We say try living here first.
·Listing: 2430 W Cortez St. [Chicagoland Realty Services]