http://cribchatter.com Flips, Foreclosures, McMansions, New Condos: The Dish On the Chicago Housing Market Mon, 08 Feb 2010 20:37:14 +0000 http://backend.userland.com/rss092 en We last chattered about this 2-bedroom duplex up vintage unit at 1713 W. North Avenue in Bucktown in June 2008. See our prior chatter and pictures here. Since then, it was withdrawn from the market and now has been re-listed. It has also been reduced nearly $20,000 from its 2008 list price. The 2-bedroom unit ... http://cribchatter.com/?p=8176 We've chattered about this 2-bedroom townhouse at 3401 N. Janssen in the Southport neighborhood of Lakeview several times over the last 11 months. See our October 2009 chatter and pictures here. It is still available and has now been reduced to below the 2007 purchase price. The listing says it is now priced ... http://cribchatter.com/?p=8187 We just chattered about one of the most expensive 1-bedroom condo units in the Gold Coast at 10 E. Delaware but what if you're looking for something cheaper? This 1-bedroom at 201 E. Chestnut has 1030 square feet plus a balcony. The kitchen has been updated with white cabinets and appliances. It has ... http://cribchatter.com/?p=8183 If you've ever gone on the Sheffield Garden Walk in Lincoln Park you might have strolled past this 3-bedroom two story home at 2326 N. Janssen. On the market since July 2009, it only recently had it's first price cut, reducing by $50,000. All 3 bedrooms are on the second level, including ... http://cribchatter.com/?p=8166 We chattered about this 2-bedroom at 2031 W. Evergreen in Wicker Park several times. See our prior chatter and pictures here. It finally closed in early January 2010, after 13 months on the market, for $47,000 under the 2005 purchase price. It had all the bells and whistles including 10 foot ceilings, deeded parking, ... http://cribchatter.com/?p=8179 Closings began only a few months ago at the new construction luxury high rise at 10 E. Delaware in the Gold Coast. This 1-bedroom unit just came back on the market as one of the first flips in the building. What do you get for $849,000? 1015 square feet 1 bedroom (12x12) plus a ... http://cribchatter.com/?p=8177 The Chicago Tribune reports that foreclosures continued to rise in Chicago and the metro Chicago area in the fourth quarter of 2009. Data is from the Woodstock Institute: Woodstock found that for Chicago, initial foreclosure filings increased by 10.2 percent, but the activity varied widely by neighborhood. Some of the largest percentage ... http://cribchatter.com/?p=8178 This 2-bedroom unit at 3535 N. Wilton in Lakeview is currently listed as a short sale. On the market since September 2009, the price has recently been cut again. Don't expect to finance the deal as the listing says: "cash only buyers." It also describes "anticipated" future special assessments between $25,000 and $50,000. Oh, and ... http://cribchatter.com/?p=8167 This 2-bedroom unit in 3300 N. Lake Shore Drive is in one of the elegant 1920s high rise buildings that line the lake shore. It has been renovated to its original vintage grandeur with modern updates. I don't mean that the kitchen has been "updated" with cherry cabinets and granite counter tops. Instead, in keeping ... http://cribchatter.com/?p=8170 We've already chattered about what happens to original owners in a high rise condo building after an auction when units sell at  lowered prices which then sets the bar for prices in the entire building. Original owners in 222 E. Pearson, otherwise known as Pearson on the Park, in Streeterville are also ... http://cribchatter.com/?p=8169