Archive for April, 2016

Historic Gold Coast Mansion and Coach House Returns to the Market: 1432 N. State Parkway

This 8-bedroom mansion at 1432 N. State Parkway in the Gold Coast just came on the market. But if it looks familiar that’s because we chattered about it several times when it last came on the market in 2008 during the Great Recession. You can see our 2008 chatter here and our 2011 chatter here. […]

23.5% Appreciation in Just 14 Months for a Loop Loft: A 2/2 at 728 W. Jackson

This 2-bedroom loft in the Haberdasher Lofts at 728 W. Jackson just came on the market. Haberdasher is a full service building with 220 units and a parking garage. Half the building has timber lofts and half is concrete. This loft is on the timber side of the building and has exposed brick and the large industrial windows […]

Get a 2-Bedroom Loft in Lakeview for Under $300,000: 3150 N. Sheffield

This 2-bedroom loft in the Vic Lofts at 3150 N. Sheffield in Lakeview just came on the market. The Vic Lofts were converted into condos in 2005. It has exposed concrete ceilings and ductwork with hardwood floors throughout. The kitchen has wood cabinets, glass tile backsplash, granite counter tops and black appliances. Both bedrooms have […]

Did the Price of this Silver Tower 3-Bedroom Double in 6 Years? 303 W. Ohio in River North

This 3-bedroom duplex in the Silver Tower at 303 W. Ohio in River North just came on the market. It is on the 12th floor which has some unique features for the building including 13 foot ceilings on the main level of this unit and a 900 square foot lighted and covered terrace with a […]

A New Record High Price for a 2/2 in Crilly Court? 1708 N. Wells in Old Town

This 2-bedroom in Crilly Court at 1708 N. Wells in Old Town just came on the market. We’ve chattered about this complex many times since it was converted from apartments into condos right at the peak of the boom in 2007. Built in 1866, it has two fireplaces, crown molding and a deck off the […]

South Loop Loft Sells for $15,100 Over List Price in 4 Days: 1439 S. Michigan

This 2-bedroom penthouse loft in Trevi Square at 1439 S. Michigan in the South Loop came on the market on March 3, 2016. It was a duplex corner unit with 17 foot ceilings and walls of exposed brick and concrete ceilings. The kitchen had white cabinets, granite counter tops and stainless steel appliances. The master […]

Chicago Market Conditions: March Sales Decrease 3.4% as Tight Inventory Squeezes Buyers

The March sales numbers are out. While the market remains hot, inventory is still tight. Many are blaming the tight inventory on the year over year decline in sales. From the Illinois Association of Realtors: The city of Chicago saw a 3.4 percent year-over-year home sales decrease in March 2016 with 2,099 sales, down from […]

Are First Time Buyers Priced Out of the West Loop? A 2-Bedroom Penthouse at 910 W. Madison

This 2-bedroom top floor unit at 910 W. Madison in the West Loop came on the market in March 2016. This building was constructed in 2003 when loft-living was at its peak, especially in this neighborhood. This unit, therefore, has higher ceilings and exposed air ducts. The main living areas face south with the bedrooms […]

Love Brick and Timber Lofts? A 3-Bedroom at 1040 W. Adams in the West Loop

This 3-bedroom loft at 1040 W. Adams in the West Loop recently came on the market. This building has 266 units. It was converted in into lofts in 2006 and takes up nearly an entire city block. This loft is a southeast corner unit with exposed brick walls and timber ceilings. It has two balconies. The kitchen […]

From Price Cuts in 2009 to $500,000 2/2s in 2016 at 659 W. Randolph in the West Loop

This 2-bedroom at R+D 659 at 659 W. Randolph in the  West Loop just came on the market. If you recall, this building completed construction in 2008 and therefore got caught in the grip of the Great Recession. It was one of several new construction buildings that had to slash prices in order to sell units. […]