Archive for April, 2015

The Pink Palace Is Hot: A 2/2 at 5555 N. Sheridan in Edgewater

If you drive down Lake Shore Drive from the north, you can’t help but notice the Pink Palace, aka the Edgewater Beach Apartments, at 5555 N. Sheridan in Edgewater. Built in 1929 with 300 units, it’s a full amenity building with a doorman, extensive gardens and a pool. The building is a co-0p and requires […]

Get Vintage Grandeur Without the High Price: A 2-Bedroom at 825 W. Oakdale in Lakeview

This vintage 2-bedroom at 825 W. Oakdale in Lakeview recently came on the market. The building was built in 1920 and has 10 units. The listing says this unit has north, south and east views. It still has many of its historic features including stain glass windows, original millwork, a built-in hutch, dark oak floors […]

What If You Were Rich? A 6-Bedroom Co-Op at 2450 N. Lakeview in Lincoln Park

This 6-bedroom full floor co-op at 2450 N. Lakeview in Lincoln Park came on the market in January 2015. Built in 1923 on Lincoln Park, it was designed by Howard Van Doren Shaw, who mostly designed large mansion homes and churches. This 12-unit mid-rise was one of the few high rise buildings he designed. With […]

How Hot Are the West Loop Lofts? A 1300 Sq Ft 1-Bedroom at 110 N. Peoria

This large 1-bedroom authentic loft at 110 N. Peoria in the West Loop recently came on the market. If it looks familiar that’s because it was on the market, and sold, just last year. Before that, in 2007 and 2008, we chattered about it on this site. You can see the 2007 chatter with interior […]

Chicago Market Conditions: March Sales Rise 13% YOY While Inventory Drops

As Gary already reported, sales jumped year over year in March as the spring buying season got underway. From the Illinois Association of Realtors: The city of Chicago saw sales of 2,118 homes in March 2015, up 13.0 percent from last year when 1,875 homes were sold. The median price of a home in Chicago […]

Is There Still an Old Town Premium? A 3-Bedroom SFH at 1836 N. Lincoln Park West

This vintage 3-bedroom single family home at 1836 N. Lincoln Park West in Old Town recently came on the market. We last chattered about it two years ago, when it came on the market after a renovation. See our 2013 chatter here. If you recall, it has an old pedigree. It was built in 1876 […]

Chicago Sizzle: Multiple Offers For Houses Outside of the GreenZone This Spring

Sales have picked up all around Chicagoland this spring, and not just in the GreenZone. Finally, the sizzle is hitting ALL markets. As the Chicago Tribune reports: The story of a handsome brick bungalow with a touch of green trim in Elmwood Park may not be the norm. But neither is it the exception in […]

The Old Loftminium World: A 2/2 Loft at 1020 S. Wabash in the South Loop

This 2-bedroom concrete loft in the Eleventh Street Lofts at 1020 S. Wabash in the South Loop came on the market in March 2015. This building was one of 6 or 7 buildings that made up Invesco’s Loftminium World conversion of a bunch of factory loft buildings it bought from a prominent West Loop landlord […]

The Grown-Up Loft: A 2-Bedroom at 758 N. Larrabee in River North

This 2-bedroom concrete loft in One River Place at 758 N. Larrabee in River North just came on the market. This is the old Montgomery Ward building which was converted into lofts in 2001-2002. The listing says it has had a “renovation.” It has a new gourmet kitchen with custom cabinets, a double oven, a […]

Commercial Space Below? Beware: A 1-Bedroom at 2660 N. Halsted in Lincoln Park

This 1-bedroom duplex at 2660 N. Halsted in Lincoln Park came on the market in November 2014. It is bank owned and being sold “as-is.” The unit has exposed brick and timber ceilings with a lofty second floor bedroom open to the first floor. From the pictures, it looks like the kitchen is intact with […]