What Does 3/4 of a Million Get You in Elmhurst - July 2010

(Note:  As an homage to Dennis Rodkin's "What does $1M buy you" series, I'm going to occasionally check in with what $750K buys you in Elmhurst.  At $1,000,000 you get a bit more house, but they're all new construction and a lot less interesting than around $500K-$800K in Elmhurst. )

119 S. Arlington Avenue, Elmhurst, IL  60126
Asking Price:  $729,900
Purchase Details:  Bought in March, 2007 for $772,500
Details:  4 bedrooms, 3.5 baths built in 2000

This house is on our walk route - we pass it by early every Wednesday morning as we're out getting a bit of exercise.   It sits just across the tracks (Center of Town side) directly south of an apartment complex.  The listing says that it was built 10 years ago, but it looks like it could have been here for 100 years.  Kudos to the builder and the architect.

Some of the advantages of living here are that you are in the highly desirable Center of Town neighborhood, you're still very close to the Jewel, the train station and downtown.  You do, however, have multi-family units all around with both the apartment building just north and townhouses right across the street.    No Alley access, but this house does, however have a really deep lot.  The location and school district combination might make it worth the price to some families.

The owner is taking a bit of a haircut as they bought in March 2007 for $772,500 - $40K more than the current list price.

From the listing:

New in 2000 this classic American 4-square is just steps to train and town! A terrific home offering an impressive 3,577sf of living space with a flexible, open floorplan designed to fit the varying needs of today’s lifestyles. As you enter the home, the 2-story foyer offers a glimpse of the home beyond. The gracious dining room is sized to fit the whole family with great table space and an adjacent butlers pantry. The large kitchen offers loads of cabinet space and boasts a center island and walk-in pantry...while a huge eating area opens to a light-filled family room. Also found just off the kitchen is the very convenient laundry/mud room with direct access to the attached 3-car garage. A formal living room and office complete with custom built-ins complete the 1st floor. The 2nd floor offers 4 spacious bedrooms and 2 full baths. The generous master suite has 2 walk-in closets and a private master bath. The basement can easily become the extra space you want! It is a deep pour basement and is ready for your finishing ideas! Located in the highly desirable Hawthorne Grade School district this home sits on an enviable 50x190 lot...worth the time to come and look!