VedderPrice lawyer takes loss on Lincoln Park townhouse

Home on North Dayton Street sold for $3.1M

TRD CHICAGO /
Aug.August 29, 2019 04:00 PM
The home at 1908 North Dayton Street (Credit: Redfin)

The home at 1908 North Dayton Street (Credit: Redfin)

After eight re-listings and two price-chops, a VedderPrice lawyer sold her Lincoln Park townhouse for $3.12 million — a loss on the $3.29 million she paid in 2014.

The seller, Theresa Mary Peyton, listed the home at 1908 North Dayton Street for $3.45 million in March 2018, then re-listed every one-to-three months until the 5,200-square-foot property sold this week. The townhouse finally sold to an undisclosed buyer on Tuesday for $174,000 less than her most recent asking price, according to the listing.

A RE/MAX market report showed that Lincoln Park townhouse sales jumped slightly in the first quarter of 2019, amidst an otherwise lagging market for single-family homes. However, Lincoln Park luxury condo sales were down 44 percent in the first quarter compared to last year.

The new-construction home, built by Hibernian Development, is all brick with a limestone facade. It features six bedrooms and five bathrooms. Outside, a walkout patio features a brick and limestone fireplace, the listing shows.

Jeffrey Lowe of Compass represented the seller and Megan Tirpak of @properties represented the buyer. Lowe declined to comment.


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