Archive for August, 2013

Market Conditions: Best Year for July Sales Since 2007 in Chicago

It’s that time again. As expected, July sales soared year over year. Median prices also jumped by double digits. From the Illinois Association of Realtors: The city of Chicago saw a 31.1 percent year-over-year home sales increase in July 2013 with 2,838 sales, up from 2,164 in July 2012.  The median price of a home […]

2-Bedroom Triplex With Original Safe Still Available: 1733 W. Irving Park Road in Lakeview

We last chattered about this 2-bedroom triplex corner loft in the Postcard Lofts at 1733 W. Irving Park Road in Lakeview in May 2013. You can check out that chatter here. Priced at $499,900 some of you thought it was too expensive but $475,000 might get it done. We actually chattered about this unit nearly 6 years ago- […]

This 3-Bedroom in a Classic Lincoln Park Greystone Reduces: 1130 W. Armitage

We’ve chattered about the first floor unit in this 3-unit greystone at 1130 W. Armitage before but now a second floor unit has come on the market. It has high ceilings, crown molding and access to both the front and back porches. The kitchen has cherry cabinets, granite counter tops and stainless steel appliances. The […]

We Love Huge Printers Row Authentic Brick and Timber Lofts: 711 S. Dearborn

This 1200-square foot 1-bedroom brick and timber loft in the Donohue Building at 711 S. Dearborn just came on the market. The kitchen and bath have been upgraded since the original conversion in the 1990s. It has espresso cabinets, stainless steel appliances and a white tile backsplash. There are also white tiles in the bathroom. […]

Market Conditions: Will Soaring Mortgage Rates Put a Damper on the Chicago Market?

The 10-year treasury hit a 2-year high yesterday of 2.89%.  That is pushing mortgage rates up over 4.5%. Many people who were looking to buy properties this summer have already locked in lower rates. Many locks are good for up to 3 months so properties that went under contract even 60 days ago that haven’t […]

4-Bedroom House With Ornately Carved Faces Returns: 3526 N. Marshfield in Lakeview

We’ve chattered about this house at 3526 N. Marshfield in Lakeview several times over the last year. See our April 2012 chatter here. It not only has “ornately carved faces” on the exterior (see the listing to see plenty of pictures) but in prior listings it talked about “underground tunnels”- although that reference has now […]

4 Months Later, 3-Bedroom French Normandy Still Available in Galewood: 1901 N. Newcastle

We last chattered about this 3-bedroom French Normandy house at 1901 N. Newcastle in Galewood in May 2013. See our prior chatter here. Previously, it was the most expensive home on the market in Galewood but that is no longer the case as it has been reduced to $347,000. If you recall, it was built […]

Will Parking Matter in the Hot 2013 Market? A 2-Bedroom Cottage at 3908 N. Paulina in Lakeview

We last chattered about this 2-bedroom cottage at 3908 N. Paulina in Lakeview in July 2011. See our prior chatter here. The house has been on and off the market since February 2009. Listed in 2011 for $400,000, Homedelete thought it would sell quickly due to it being in Blaine even though it doesn’t have […]

Is There a Bubble in the 1-Bedrooms in 600 N. Fairbanks in Streeterville?

This 1-bedroom in 600 N. Fairbanks in Streeterville just came on the market. It is not one of the large one bedrooms you will see in some buildings with 1.5 baths and a “den”. It is 821 square feet with just one bathroom. It has 10 foot concrete ceilings and floor to ceiling windows. The unit […]

3-Bedroom Lakeview Brick and Timber Penthouse Loft Sells for $10,000 Over Ask: 3323 N. Paulina

We last chattered about this 3-bedroom penthouse loft at the Gallery Lofts at 3323 N. Paulina in Lakeview in May 2013. See our prior chatter here. If you recall, it had many features that loft lovers crave including a timber beamed ceiling. There was a 3-story atrium with a spiral staircase that connected the floors. The kitchen, with […]