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Short Sale: 3-Bed w/ In-Law Suite Asks $299K in Avondale

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On Kedzie Avenue just north of Logan Square's trendiest corridor sits this forlorn residence, on and off the market since April 2007. The 3/2.5 brick single-fam has just re-listed as a short sale for $299K after hovering for years in the low-300s. Although a fair amount of house for the money, many may find the bedrooms too tight and poorly lit and the overall layout challenging. Clearly that's because you haven't brought your Logan mentality to the game. What better use of an open floorplan than for two sets of kitchens and living areas, with a pool table governing the ground floor space? What better use of a backyard than a concrete playground? What better color scheme than pink and lime? And what better sense of daring than an unfinished kitchen ceiling? Depending on your program, this space demands a lot of work or none at all. Anyway, we figured it an amusing addition to our Under $300K Club.
·Listing: 2851 N Kedzie Ave. [Jameson Sotheby's]