Archive for January, 2016

Live in the Neighborhood Redfin Says is the Hottest in the Country: 2157 W. Division

This 2-bedroom at 2157 W. Division in the Ukrainian Village came on the market in October 2015. According to Redfin, the Ukrainian Village is the hottest neighborhood in the entire country. From DNAInfo: Redfin’s just-released “Hottest Neighborhoods of 2016″ report, which ranks neighborhoods in 32 cities across the country, shows Ukrainian Village as first in the […]

A Vintage Lovers Delight in East Lakeview for Under $500,000: 444 W. Belmont

This 2-bedroom at 444 W. Belmont in East Lakeview just came on the market. It’s been 5 years since we chattered about this building which was constructed in 1929 and has just 11 units. It’s one of the many, smaller, vintage buildings on the north side that don’t get as much publicity as the big […]

Who’s Buying All the New Construction in Lakeview? A 6-Flat at 1165 W. Eddy

This new construction 6-flat at 1165 W. Eddy in Lakeview just came on the market. Last week, Crain’s discussed the teardown and new construction phenomena in Chicago. Over the last 5 years, Lakeview was the most popular neighborhood for teardowns in the city. On the 3700 block of North Greenview Avenue, construction is under way on […]

Nearly a Year on the Market for this Millennium Park 2-Bedroom: 310 S. Michigan

This 2-bedroom in the Metropolitan Tower at 310 S. Michigan across from Millennium Park in the Loop originally came on the market in February 2015. The unit has east views, which includes the Park and the Lake. It has hardwood floors in the living and dining room. The listing calls the kitchen “gourmet.” It has granite […]

Does Staging Matter in a Hot Market? 1325 N. State Parkway in the Gold Coast

This 2-bedroom in the Ambassador House at 1325 N. State Parkway in the Gold Coast just came on the market. It has been completely renovated with a new kitchen, baths, flooring and electrical service. New solid wide plank rift sawn white oak flooring was put in throughout the unit. (The light floors are back “in” […]

Market Conditions: December 2015 Sales Basically Flat Year Over Year as Inventory Remains Low

The Illinois Association of Realtors is out with December 2015 sales data. The city of Chicago saw a 0.4 percent year-over-year home sales increase in December 2015 with 2,029 sales, up from 2,020 in December 2014. The year-end 2015 home sales totaled 27,439, up 7.8 percent from 25,461 home sales in 2014. The median price of […]

Living the Downtown Life in River North: A 1-Bedroom at 757 N. Orleans

This 1-bedroom at 757 N. Orleans in River North just came on the market. This building was completed in 2008, just as the bust was hitting, and investors ended up buying a block of units in the building. Last year, at least one investor said he as probably going to sell off his units as […]

A Pre-War 3-Bedroom in East Lakeview for Under $420,000: 419 W. Aldine

This vintage 3-bedroom in 415 W. Aldine in East Lakeview just came on the market. The building was constructed in 1927 and has just 2 units per floor. Like a lot of construction from the pre-war era, this unit is large with many vintage features including crown molding, built-ins and French windows. The Gallery foyer […]

Has the Park Tower Lost Its Cachet? A 3-Bedroom at 800 N. Michigan in the Gold Coast

This 3-bedroom in the Park Tower at 800 N. Michigan in the Gold Coast just came on the market in January 2016. But it has been on and off the market since February 2014. It looks like it’s now bank owned. On the 24th floor, it has south, east and west views and has a […]

Moving from the GreenZone to the Suburbs: Do You Need a Therapist to Cope?

The Chicago Tribune reports on city dwellers who have kids and decide that they can’t make it work and have to move to the suburbs. Some of the transplants have an identity crisis. “I see this all the time with my practice,” said David Klow, owner of Skylight Counseling Center, which has offices in Chicago […]