West Lyndale Condos Get Renovation, Price Cut
GUT FEELING: Developer overhauls building but retains vintage features
In Logan Square, at 3550 West Lyndale Street, BPL Construction has installed seven condos inside a classic 1920s sand-colored apartment building. Fortunately, the company’s renovation didn’t mess with two of the building’s vintage features. BPL left the large south-facing sunrooms intact (rather than incorporating them into the living rooms, as some other developers do), and the old rear balconies—now part of the overhauled back stairs—are spacious and semiprivate.
The developer did gut the interior of the building and installed all new electrical, plumbing, and heating systems, as well as new dry wall. The bathrooms are fitted out with porcelain tile and marble, and each master bath includes a two-person shower. Parking, which costs $10,000 a space, is outdoors in a gated lot behind the building.
The condos went on the market in March. Two of the units have already been sold, and prices have been cut by $20,000 on three of the remaining five. The smallest is a 1,270-square-foot garden-level unit with two bedrooms and two-plus baths that is priced at $189,000. The largest—a four-bedroom 2,100-square-foot duplex on the garden level and the first floor—carries a $339,000 price tag. At presstime, BPL was offering financing terms that allowed for low down payments. Tim Vaughn of Keller Williams Realty is handling sales.
Photograph: Dennis Rodkin