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What do you guys think about this unit / neighborhood?

I've asked this question on another site as well.  I just wanted to get more opinions on the neighborhood and whether or not you think the unit is priced too high for the area.  The pics look fairly impressive, but I wanted to hear what others in here think.  Thanks! 

http://www.zillow.com/homedetails/407-N-Elizabeth-St-APT-101A-Chicago-IL-60642/49911545_zpid/ 

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May 14 2012 - West Town
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Answers (4)

The price still looks high at 298k. The area is decent but you'll have better options in the price range in better locations. Good luck!
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July 14 2012
I sold a unit that had a ton more upgrades, was larger, and had a private roof top deck with some of the best views I have seen yet in Chicago. And that sold for 330k. So I wouldnt say this is worth 319k. Its at least 30-40k over priced. Get a good buyers agent to help you out. This way you have someone to walk you through the process.
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May 15 2012
Agents can give you a market analysis of a particular property to see if it seems to be priced withint he range of comps, but people usually do not buy in areas they are not familiar with. They may rent, but usually not buy. There are tons of lofts in that general area if that is what you are looking for.
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May 15 2012
Just call a local realtor, we can give our guesstimates, but a local realtor will know the area very well and can pull up the most recents comps (a comparative market analysis) to help you out.
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May 15 2012
 
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