Archive for May, 2015

$500,000 for a 2-Bedroom Loft in River North: 520 W. Huron

This 2-bedroom loft in 520 W. Huron in River North just came on the market. It has many of the features loft lovers look for including exposed brick and exposed wood beams. The listing says it is a brick and timber loft, yet the ceilings are drywalled. The kitchen has cherry cabinets, granite counter tops […]

24.3% Past Peak in River North: A 2/2 in The Sterling at 345 N. LaSalle

This 2-bedroom in The Sterling at 345 N. LaSalle in River North just came on the market. The Sterling is a 389 unit building which was built originally as apartments and then converted into condos at the peak of the boom in 2007. In many units, kitchens and baths were left unchanged from the apartment […]

18% Appreciation in 11 Months in Old Town: A 2/2 at 1445 N. Wells

This 2-bedroom at 1445 N. Wells in Old Town just came on the market. If it looks familiar, that’s because it was also on the market in 2014. It last sold just 11 months ago, in June 2014. We also chattered about it all the way back in 2008. This building has a private elevator […]

The Hottest Building in the West Loop? A 2/2 at 130 S. Canal

This 2-bedroom at Metropolitan Place at 130 S. Canal in the West Loop came on the market in March 2015. The building was converted into concrete lofts in 1999 and has 212 units plus a heated indoor garage. It is across from Union Station making it the ideal location for those who need to commute. […]

Market Conditions: April Sales up 5.8% in Chicago As Inventory Remains Low

The Illinois Association of Realtors is out with April’s data. As expected, sales were up. The city of Chicago saw sales of 2,386 homes in April 2015, up 5.8 percent from last year when 2,256 homes were sold. The median price of a home in Chicago was $275,000, up 10.0 percent over April 2014 when median […]

Market Conditions: Is Chicago in Another Housing Bubble?

Multiple bids. Waiver of appraisal contingencies. Offers over list price. Waiving inspections. Record high prices which keep climbing. Welcome to Chicago’s 2015 spring housing market. These conditions are no longer limited to the GreenZone. The market is this hot everywhere in the Chicago and Chicagoland housing market. Homebuyer Maria Casillas drags her two kids from one […]

A 1-Bedroom Vintage Beauty Built for the Rich: 3314 N. Lake Shore Drive in Lakeview

This large 1-bedroom in the Beaux Arts building at 3314 N. Lake Shore Drive in Lakeview came on the market in April 2015. If you’re a fan of Parisian architecture, this is the building for you. Built in 1916, it was the first shoreline high rise apartment building constructed north of North Avenue. It was, of course, meant […]

What’s Going on in One Museum Park West? A 1-Bedroom at 1211 S. Prairie

This 1-bedroom in One Museum Park West at 1211 S. Prairie in the South Loop recently came on the market. The building was constructed just as the bust hit in 2008 and 2009 but it never went rental. This 1002 square foot unit on the 41st floor has hardwood floors and a 7×7 den. It […]

Back to Peak for this Jefferson Park 3-Bedroom Spanish Mediterranean: 5749 N. Manton

This 3-bedroom vintage Spanish Mediterranean single family home at 5749 N. Manton in Jefferson Park came on the market in April 2015. What I love about Crib Chatter is that we continually see the same properties come on the market over and over again. We’ve actually chattered about this house twice before. Once in 2010- […]

From Peak to Foreclosure to Peak Again: A 2/2 Loft at 120 E. Cullerton in the South Loop

This 2-bedroom loft in Bank Note Place at 120 E. Cullerton (also 1910 S. Indiana) in the South Loop just came on the market. This building is known for its unique arched terra cotta ceilings. This loft is a southwest facing corner unit with hardwood floors, exposed brick, a fireplace and the terra cotta ceilings. […]