Archive for March, 2015

Is Now the Time to Buy in Motor Row? A 2/2 Loft at 2332 S. Michigan in the South Loop

This 2-bedroom loft at 2332 S. Michigan in the Motor Row neighborhood of the South Loop recently came on the market. Motor Row was reaching peak conversions/development just as the housing bust hit. It’s a two block area on South Michigan Avenue that was home to a bunch of car dealerships, many of which have now […]

Live in a Loft in the Old Schwinn Factory: A 2/2 at 2510 N. Wayne in Lincoln Park

This 2-bedroom loft in the Wheelworks Lofts at 2510 N. Wayne in Lincoln Park came on the market in February 2015. This building is an old Schwinn bike factory and the units have maintained many of their original features. The loft has 15 foot timber ceilings, exposed brick and a wood burning fireplace. It has […]

How High Will Prices Rise in River North? A 3/3 in Contemporaine at 201 W. Grand

This 3-bedroom in Contemporaine at 201 W. Grand in River North just came on the market. If it looks familiar to some of you, that’s because it was previously on the market in 2011 and 2012. Contemporaine was built in 2004 and has just 28 units. The building has won awards for its modern architecture […]

Even the Banks Are Listing Past Peak in the GreenZone: 111 S. Morgan in the West Loop

This 2-bedroom in 111 S. Morgan in the West Loop recently came on the market. It is a Fannie Mae Homepath property. The unit has hardwood floors in the main living areas and a fireplace. The kitchen has granite counter tops and what looks to be maple cabinets. From the pictures, there appears to be […]

Market Conditions: February Sales Actually Rose 3.9% Year Over Year

Nearly every month in 2014 showed declining sales compared to 2013 even though mortgage rates moved lower. Finally, February 2015 bucked that trend as sales rose year over year. From the Illinois Association of Realtors: The city of Chicago saw sales of 1,448 homes in February 2015, up 3.9 percent from last year. The median […]

A 3-Bedroom Streeterville Penthouse With Its Own Basketball Court: 415 E. North Water

There are a LOT of penthouses coming on the market this spring in Chicago including this 3-bedroom penthouse at 415 E. North Water in Streeterville. But this one stands out for its unique features. At 9300 square feet, this 2-level unit includes a 67 foot wraparound terrace. It also has a 500 gallon hot tub and […]

Looking for a Vintage Penthouse in East Lakeview? 739 W. Brompton

This top floor vintage 2-bedroom at 739 W. Brompton in East Lakeview came on the market in February 2015. Built in 1924, the mid-rise building has 9 units. This penthouse has the large layout you would expect from that era with a full-size dining room and sunroom. Many of the original features remain including wainscoting, […]

A Mies Van Der Rohe Family Home Across from Lincoln Park: 2400 N. Lakeview

This 3-bedroom at 2400 N. Lakeview in Lincoln Park just came on the market. This is a Mies Van Der Rohe designed building built in 1963 with 264 units. The listing for this unit says it has been fully gutted with new electric and plumbing. It also apparently has a new layout. It has dark wide […]

Past Peak Bubble Pricing in the West Loop: A 2/1 in 1228 W. Monroe

This 2-bedroom at 1228 W. Monroe in the West Loop came on the market in February 2015. The building was built at the top of the housing boom in 2006. The kitchen has maple cabinets, stainless steel appliances and granite counter tops. Both bedrooms apparently measure 10×10. The listing says it can be rented out […]

Home Sweet Home – Only 2 Occupants Over 95 Years: 220 E. Walton in the Gold Coast

This 4-bedroom vintage unit at 220 E. Walton in the Gold Coast came on the market in November 2014. Built in 1919, the listing says it is being sold by only the second occupant in the last 95 years. Now those two owners saw a LOT of Chicago history from their windows. The building has […]