Two years ago, we chattered about these unique pool side “cabanas” at Park Place Tower at 655 W. Irving Park in Lakeview.
See our June 2009 chatter here.
Back then, Cabana CO-26 was on the market for $42,000. I can’t find any record that it ever sold.
Right now, Cabana CO-11 is on the market and listed for $25,000.
The cabanas allow you pool and barbeque rights even if you don’t live in the building.
They have a small kitchenette with a refrigerator and a bath with a shower.
No- you can’t live in one of them.
Assessments are $14 a month which includes water, electricity and, of course, the pool.
Taxes are $69.80.
Before you say anything about the price you should know that one of the cabanas, CO-16, just sold for $22,000.
With CO-11 listed at more than double the 2006 purchase price, are these cabanas among the few properties actually showing appreciation?
Donald Hughes at Koenig & Strey Real Living has the listing. (yes- there are some interiors of the cabana).
Cabana CO-11: 1 bath
- Sold in June 2006 for $11,500
- Originally listed in April 2011 for $25,000
- Currently still listed for $25,000
- Assessments of $14 a month (includes water, electric and pool)
- Taxes of $69.80
- Bath with shower
- Refrigerator
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