Deal Estate
 

Sale of the Week

Sale of the Week: Hinsdale Classic Moves, but Slowly

Posted Apr 6, 2009 at 08:20 AM
By Dennis Rodkin

List Price: $1.15 million
Sale Price: $1.05 million
The Property: Classically beautiful from the keystone over the arched doorway to a prim trio of slender dormers, this 13-room home in Hinsdale was built on a big corner lot in 2001. Inside, there are five bedrooms, large formal rooms, and ten- and twelve-foot ceilings. According to Carol Lee Cikanek, the Coldwell Banker agent who represented the sellers, even the height of the basement “is generous and comfortable; it was dug out extra deep.”

The house has had two owners since it was completed. “[Both of them] took very good care of the house,” Cikanek says. “It was like buying new.” A former member of Hinsdale’s planning commission, Cikanek notes that the house’s construction predated changes in Hinsdale codes that would have required a smaller footprint for a newer home on the same lot. That could have led to “design flaws,” Cikanek says. “You might get a flat roof instead of that peak because of the need to put more square footage on the third floor, and the ceiling that goes with that.”

The house is within walking distance of Hinsdale’s picturesque downtown and train station, as well as the Monroe School, which children who live here would attend.

Price Points: The first residents of the house bought it from Cirrus, the builder, for $1.495 million. Cikanek says they moved out in about 2005, renting the home for two years to people who ultimately bought it from them. That buyer, identified in public records as Richard A. Howard, paid $1.51 million in March 2007. (Howard could not be reached for comment.) By early 2008, he had relocated for business reasons, Cikanek says, and he listed the house for sale with an asking price of $1.399 million. A series of price reductions lowered it to $1.15 million, which, Cikanek says, was the same as the appraised value. In mid-February, a buyer agreed to a contract to pay $1.05 million for the house; the deal closed April 1st. The buyers are not yet identified in public records of the sale.

Listing Agent  Carol Lee Cikanek, Coldwell Banker, 630-789-8280
 

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Reader Comments:
Old to new | New to old
Apr 9, 2009 06:22 pm
 Posted by  jake363

Not the worst McMansion I've ever seen, but a McMansion nonetheless.

Shame on you Chicago Magazine for calling this faux-historical kitsch "classically beautiful."

Indeed, a classic since 2001.

Apr 10, 2009 05:17 pm
 Posted by  donna5657

This was the most interesting sale in Hinsdale to highlight? I think Chicago Mag could have done far better.

Apr 17, 2009 05:57 pm
 Posted by  Dennis Rodkin

I'm sorry, folks, but I liked this house. I'm not sure what you see here that looks kitschy, Jake363. To me, it's restrained and nicely detailed. It's not one of those great vintage Hinsdale mansions south of the downtown area, but I find it hard to dislike. And Donna5657, as to whether it was the most interesting sale in Hinsdale: That week it stood out (to me). But I agree that it's not the most stunning house in Hinsdale. If you rifle through our old posts or type Hinsdale into the search box above, you'll find several magnificent Hinsdale houses I've written about over the past couple of years.

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About This Blog

Deal Estate: The Blog is the online extension of Chicago magazine’s monthly “Deal Estate” column, which is written by Dennis Rodkin. On the blog, Rodkin—who has been covering the local housing scene for Chicago since 1991—provides timely updates on new homes to hit the market, recent high-end sales, and other residential real-estate news from the city and suburbs.

Got a hot housing tip? Contact Rodkin at dennis@rodkin.com.
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