Archive for the 'Reductions' Category

2-Story Vintage Gem Still Available 21 Months Later: 421 W. Melrose in Lakeview

This 4-bedroom unit in The Eddystone at 421 W. Melrose in Lakeview, was built in 1928, during the final hey-day of lake front construction in Chicago before the Great Depression ground everything to a halt.
It has amazing vintage details from wood paneled walls, plaster ceilings, leaded glass, and original moldings.
They don’t build them like this anymore.
We last chattered about it […]

More Developer Price Cuts: Reductions of 30% to 40% at the Parkside of Old Town

We’ve chattered about the Parkside of Old Town before. It is the big development on the near north side with 800 condos and townhomes.

Both are being reduced by anywhere from 30% to 40%.
Here are the prices:

1-bedroom condos were $259,000 - now starting from $175,000
2-bedroom condos were $379,900 - now starting from $240,000
3-bedroom condos now starting […]

Vintage Beauty in Lakeview Still Available and Reduced $15K: 817 W. George

We last chattered about this “true” vintage top floor 2-bedroom at 817 W. George in Lakeview in April 2010.

See our April 2010 chatter and pictures here.
Since then, it has been reduced nearly $15,000.
There is no cookie-cutter here.
The home has nearly all of its vintage features intact but has been updated with modern amenities.
The kitchen has […]

More Developer Price Reductions: The Mondial at 910 W. Huron in River West

The Mondial at 910 W. Huron in River West was completed in 2009. The developer just cut prices by 10% to 30% on the units.

There are 141 units in the building. It looks like there have not yet been any closings.
Here are the price reductions:

Lofts: Were at $249,000 and are now starting at $189,900
1 bedroom/1 […]

East Lakeview 1-Bedroom Reduces $20K: 737 W. Brompton

We last chattered about this vintage 1-bedroom plus dining room at 737 W. Brompton in East Lakeview just over a month ago.

See our prior chatter and pictures here.
It has since been reduced by $20,000.
The unit has hardwood floors throughout, a wood burning fireplace and a unique window in the sunroom.
It also has central air. While […]

After 21-Months, Lakeview 2-Flat Reduces $10K: 1524 W. Byron

We’ve chattered about this 2-flat at 1524 W. Byron in Lakeview several times in the last 2 years.
Much of the chatter was about what price makes sense for a buyer who wants to be a landlord.
See our January 2010 chatter here.
In that time, it appears that the rents have actually been falling on the units.
One of […]

Another Developer Slashing Prices: 1224 W. Van Buren in the West Loop

1224 W. Van Buren, or VB1224 as it is known, in the West Loop is a loft conversion building that has been around a couple of years.
The developer just slashed prices on the remaining units by at least 20%.
The units have 42 inch cabinets in the kitchen and quartz counter tops.
They also have 4 inch wide plank floors.
Here […]

Big Price Reductions Ahead of the End of the Credit: 200 N. Dearborn in the Loop

We’ve chattered about 200 N. Dearborn in the Loop before.
It is the conversion high rise building by American Invsco. There have been distress sales in the building.
The building has not sold out from the developer.
But just in time for the end of the first time homebuyers tax credit, are these new price reductions of “over […]

Renovated Pre-War Co-Op Returns and is Now Reduced $189K: 3500 N. Lake Shore Drive

We last chattered about this 4-bedroom vintage co-op at 3500 N. Lake Shore Drive in Lakeview in May 2009.

See our prior chatter and pictures here.
In May 2009, the unit had just returned to the market after being completely renovated with new millwork, new marble in the common entry foyer, new wiring, space pac cooling installed, an […]

Chess Lofts Slashes Prices on Remaining Units: 320 E. 21st Street in the South Loop

It’s been nearly 2 years since we chattered about the Chess Lofts, the 2007 loft conversion of the former recording studio and warehouse for Chess Records in the 1950s and 1960s, at 320 E. 21st Street in the South Loop.
See our June 2008 chatter here.
According to the Tribune, these are the currently building stats (out […]