The $702,000 Lincoln Park 1-Bedroom: 2550 N. Lakeview

This 1-bedroom at 2550 N. Lakeview in Lincoln Park just came on the market.

This is a large one-bedroom with 1164 square feet (although the listing does say 74 square feet is outdoor space.)

The listing says it faces north.

It has oak floors in the main living areas.

The kitchen has modern cabinets with a large island with what appears to be granite counter tops. It has stainless steel Wolf appliances.

Parking is extra at $46,800.

We’ve been chattering about this building since it began closings on units last year.

There doesn’t appear to be that many units in the building on the market, however, the Chicago Tribune shows just 78 closings in the building, and some of those also include parking spaces. The building has 218 units.

If you include the parking, this unit is listed at $702,800.

Can this building command that price for a 1-bedroom?

Tere Proctor at ARC Residential has the listing. See the pictures here.

Unit #A3-6: 1 bedroom, 1.5 baths, 1164 square feet

  • I couldn’t find a prior closing price but it’s hard to find that with new construction sometimes.
  • Currently listed at $656,000 (plus $46,800 for parking)
  • Assessments of $273 a month (includes heat, a/c, gas, doorman, cable, pool)
  • Taxes are “new”
  • Central Air
  • Washer/Dryer in the unit
  • Bedroom #1: 15×11

62 Responses to “The $702,000 Lincoln Park 1-Bedroom: 2550 N. Lakeview”

  1. I have a friend that lives in the building, and apparently there are a ton of lawsuits going on with the developer. He said that virtually no sound insulation was put in the building, so you hear your neighbors cell phone go off. If you live any floor near the gym you get to hear the weights slamming from the machines and free weights.

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  2. “Assessments of $273 a month (includes heat, a/c, gas, doorman, cable, pool)”
    How can that be? I pay more than this per month for gas/electric/cable.

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  3. “How can that be? I pay more than this per month for gas/electric/cable.”

    has the HOA been handed over from the developer yet?

    heard many many of stories of after the handoff the ass fee’s doubling or more because of crooked dev’s.

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  4. Always double the estimated assessments on new construction. When the HOA is turned over and if the elected officers have any budgeting sense, they assessments will almost always go up.

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  5. Let me be the first to say that this building is amazing and very hot. This one is probably priced too low. Please remember that it’s foolish to wrongly assume that the market, the economy and silly facts will affect these units or their value. No one who ever buys a unit here will lose money – they will always appreciate. Probably this one will go for over ask, and then the buyer will turn around and sell it for another $100k or so within a few months, and then people will keep flipping them for more and more profit. It doesn’t even matter if anyone ever lives here – this is the place to speculate with a lot of leverage. Someone famous just bought a unit in this building and then sold it on for more money! Also, if you need a real estate agent to seek some rent off the back of whatever optimistic transactions she can get her hands on, someone will be along shortly to take your money I mean meet your needs.

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  6. “No one who ever buys a unit here will lose money”

    Seems like very shortsighted 2003-6 thinking.

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  7. Those assessments should be hitting the $700-800 range very soon.

    I’d like to know more about these noise transfer, developer, etc. issues.

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  8. nonny, some further detail. Those latin parents def said well in advance of the general notification week that they got it. And def not legacy or major pull. Didn’t actually see letter. What kind of testing do they do? Their kid would have tested v well.

    What are you doing about school?

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  9. I want some of whatever JJJ is smoking.

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  10. “Those latin parents def said well in advance of the general notification week that they got it. And def not legacy or major pull. Didn’t actually see letter. What kind of testing do they do? Their kid would have tested v well. ”

    If you didn’t see the letter/email, then I still harbor some doubt as to veracity. If not legacy, do they have some other criteria that might have resulted in the earlier notification? In any event, are they enrolled?

    “What are you doing about school?”

    Whatever it takes!

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  11. Jesus Christ!

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  12. Busted sarcasm meter today, I guess. Or are there sunspots again?

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  13. “If you didn’t see the letter/email, then I still harbor some doubt as to veracity. ”

    But if I said I did, then you wouldn’t? Still, I take your point, which is not entirely unfair.

    “If not legacy, do they have some other criteria that might have resulted in the earlier notification? ”

    Nothing really specific other than being a good candidate. Is there testing? I’m curious.

    “In any event, are they enrolled? ”

    Dunno yet.

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  14. “I have a friend that lives in the building, and apparently there are a ton of lawsuits going on with the developer. He said that virtually no sound insulation was put in the building, so you hear your neighbors cell phone go off. If you live any floor near the gym you get to hear the weights slamming from the machines and free weights.”

    That’s absolutely amazing. Shouldn’t the architect be blamed? How can whats-his-name…Lucian Legrange miss out a basic spec like that? Or did the contractor screw up? Notice that the inspectors didn’t catch it, nor did the construction lender’s inspecting engineer. In reality, the “developer”, the Excel spreadsheet jockey who put the deal together, is probably the least knowledge and to blame for this!!!

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  15. Hey Russ: Chicago’s Mish Shedlock has a DOOZY post today:

    http://globaleconomicanalysis.blogspot.com/2013/04/fools-never-learn.html

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  16. @JJJ either you are abusing sarcasm, or you forgot that April Fool’s was Monday.

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  17. MikeHG, I’d love to hear more! I live down the street and have toured this building twice and love it. If noise is an issue, that would be a deal-killer for me… absent them slashing the prices more in line with market.

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  18. “Is there testing? I’m curious”

    Not at the earliest entry levels (not sure if they do anything for later years in elem or HS). At the JK level, it’s my understanding that most of the private schools simply have play sessions of one kind or another, during which kids are observed (alone or with others), asked some questions, etc., as are their parents. (Kids are also typically observed at their respective preschools, in addition to letters submitted by preschool teachers.)

    You’re kid is still pretty young, correct? What are you doing about preschool?

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  19. I am an owner in this building and I have never seen nor am I aware of any lawsuit against the developer regarding anything involving this building let alone sound issues. A check of the Cook County Court online docket shows no pending lawsuits. The exercise room has no residential units above, below or next to it. My unit is quiet. Unless the poster can produce some real evidence to support this unsubstantiated comment I would conclude it is entirely false.

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  20. “You’re kid is still pretty young, correct? What are you doing about preschool?”

    In preschool at the moment, not one that I think would interest you (do not actually mean that in snarky way–reasons why we chose it are fairly idiosyncratic). Deciding about K for next year right now. Have a cps option and deciding whether to take. Otherwise would stay where we are.

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  21. No link to the listing?

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  22. I have been looking for a unit (in this price range) in Chicago for the warmer months. I have been looking online at Trump, 340 on the Park, the Fordham and 10 E. Delaware. I like the location of 340 on the Park. Delaware seems nice also. Any opinions? This posted building looks nice also.

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  23. HH, we were talking about that today in the office. I recall the industry being accused of being predatory for making sub prime loans. Now that you can’t get a loan unless you are A paper, we are discriminating. I recall seeing this movie once before…

    FHA isn’t perfect, but if you can’t get a FHA loan you absolutely don’t need to be a homeowner under any circumstances. FHA only requires 3.5% down (which can be a gift), has high DTI allowances (can also use non-occupant co-borrower), and relatively lax FICO score requirements (min 640 which means you had quite a few late payments).

    The other thing is that this conflicts with all the QM/QRM stuff in Dodd Frank which discourages banks from doing anything out of the norm which is why there is really no innovative financing being developed now – the compliance and legal risks are too great.

    I’m sure the next move will accuse us of disparate impact.

    There is a place for helping people get mortgages, but a line has to be drawn somewhere. FHA seems to have most of the bases covered imho at this point. If anything, there needs to be some relaxing of guidelines for A paper borrowers. Stated for self-employed borrower with equity or looking at assets vs income. The documentation requirements have long passed ridiculous.

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  24. “anonny (April 3, 2013, 1:32 pm)
    “What are you doing about school?”
    Whatever it takes!”

    So i take it that you didnt get accepted. sorry about that, that sucks.

    Then are you going to do the CPS SEES’s dance next year, or just enroll in Lincoln and be done with the whole extra (IMO insane) processes?

    We are going to go through the cps dance next year, not looking forward to it at all.

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  25. Here’s the whole thing in a nutshell, the scumbag Obama will do anything, even sticking it to the 53% US taxpayers to please his 47%:

    “The FHA, in coordination with the White House, is working to develop new policies to make clear to banks that they will not lose their guarantees or face other legal action if loans that conform to the program’s standards later default.”

    Officials hope the FHA’s actions will then spur Fannie and Freddie to do the same.

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  26. You can see this building very well, in the distance, from the inbound Kennedy when looking down Fullerton. It appeared to me today to look like that puky mustard colored paint. This building looks better from the park, obviously. But it’s a shame that in the 21st century we’re producing “luxury” buildings that are concrete with paint. Whatever happened to limestone, like from the movie Breaking Away? Cutters…

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  27. I appreciate JJJs sarcasm and “liked” his comment.

    Sure, Lincoln Park is a wealthy and desirable neighborhood, but even in Streeterville, any one -bed asking more than $500K will have to be really extraordinary. This unit is very nice, but it is not that exceptional.

    Given the flaws noted in the unit and the building and the current market- the “hotness” of which is sort of overstated to say the least, I’d say the price needs to be slashed at least $250K.

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  28. Re Mish Shedlock’s post, Obama is the slave of the financial cartel, and his masters badly want the loose lending machine to crank up again and drive up prices, the better to get them out of the millions of foreclosures that still clutter up their portfolios.

    Don’t think for a minute that credit standards are to be loosened to benefit borrowers. That’s Obama’s excuse, that’s all. The industries that benefited from the housing rampage of the 00s- the developers, the builders, the realtors, the lenders- are the people who stand to benefit, not the hapless morons who scraped together a parental gift here and a payday loan there to come up with 3.5% down for a loan that will, as of May, be charging the borrower 1.2% PMI a month- yes, that’s right, a MONTH, which adds vastly to the cost of a FHA loan.

    Another bubble will be born. Tens of millions of saps will overpay and overborrow, and end up in default. But the builders, developers, realtors, and lenders will make money, and the people who absorb the cost of it all will be the taxpayers, just like before.

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  29. “Hey Russ: Chicago’s Mish Shedlock has a DOOZY post today:”

    Today I read an article that made me think why the extraordinary and continuing support for the lower end of the housing market.

    http://mises.org/daily/6397/The-Keynesian-Endgame

    Basically the top 2% have done phenomenally well since 2009, the top 2-5% have rebounded too, but still being dependent on wage income while costs of living are rising, they haven’t gained much ground (only the older ones). Top 5-10% are slightly worse off. Then it gets far worse off for those below.

    And while we like to think of housing as discrete segments here, in aggregate it’s a continuum. Think of the movie Misery where she decides she doesn’t like the dude’s feet: that’s what happens to the housing market if the government support is being removed. Because without it, the bottom 90% can’t possibly qualify for the same mortgage levels as those in a similar economic echelon a few years ago. They have more debt, taxes are higher, and so is unemployment keeping wages down.

    It’s not just about 40-acres and a mule for Barry and his set, although I’m sure that plays into it. Its also that those at the top of the economic ladder calling the shots are scared to death of real unrest in society, because then that threatens them. One way to ferment unrest is to make it obvious to people they are worse off than they were a few years ago. A very quick way to do that is to cut access to tools that enable them to mentally think they’re as well off or close, AKA credit.

    If we went back to private market mortgages you’d see activity collapse across the spectrum. It would be foot smashing time and the market would be unable to walk.

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  30. Bob, I think the “unrest” that our powers are REALLY afraid of is the ire of the people who stand to make the most money from building and developing and selling the houses,and lending people the money to buy them.

    Our financial cartel badly wants and needs for housing prices to rise and to be able to lend as much money to as many suckers as possible, at as little risk to financial institutions as possible. The only way to do that is by expansion of government-sponsored home buying and lending programs. Without government support, there is no floor on this market.

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  31. “Without government support, there is no floor on this market.”

    Investors would jump in on the way down at prices that make sense. Those prices for the bluest of the blue states and areas would be much, much lower than they are currently. The Baltimore-DC metro area would absolutely collapse 70+%.

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  32. “Because without it, the bottom 90% can’t possibly qualify for the same mortgage levels as those in a similar economic echelon a few years ago. They have more debt, taxes are higher, and so is unemployment keeping wages down.”

    Bob: They’re not buying them now in many metro areas. Investors are buying thousands of the low end housing units. I never thought I’d see it. Condos, yes. Single family home purchases by private equity firms? No. But that’s what’s happening. If you read about what is happening in Arizona or California in the “recovery”- on the low end it’s simply because investors are buying.

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  33. “The industries that benefited from the housing rampage of the 00s- the developers, the builders, the realtors, the lenders- are the people who stand to benefit, not the hapless morons who scraped together a parental gift here and a payday loan there to come up with 3.5% down for a loan that will, as of May, be charging the borrower 1.2% PMI a month- yes, that’s right, a MONTH, which adds vastly to the cost of a FHA loan.”

    Housing is what has led the country out of the past recessions. It creates a tremendous amount of jobs. Look at the housing charts, for instance, for the post 1982 years. It’s not surprising that the late 1980s were a boom because housing was cranking up.

    Laura: can you blame the Fed or the government for wanting to get housing moving again? They know its the key to the recovery. Their job is to create jobs, at whatever means necessary. I would be doing the same thing if I was them.

    Maybe I’m missing something, but we NEED the banks to be lending and we NEED housing to make a comeback. Too many Americans have too much wealth tied up in it. The problem is when an asset class turns into a bubble, which is what it did.

    My fear is that we didn’t really learn our lessons of the last 6 years. Too many people are still in love with real estate. The flipping came back too quickly. That’s a bad sign.

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  34. “Whatever happened to limestone, like from the movie Breaking Away? Cutters…”

    It falls off of buildings and has to be replaced at enormous cost.

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  35. “Then are you going to do the CPS SEES’s dance next year, or just enroll in Lincoln and be done with the whole extra (IMO insane) processes?

    We are going to go through the cps dance next year, not looking forward to it at all.”

    If you have a good neighborhood school as a fallback, it’s really not that bad. Visit a couple SEES programs that are within your personal “close enough” boundaries, apply online, take kid for testing, wait for letter. That’s it. A lot of the people freaking out about it (on NPN and CPSO espcially) have bad neighborhood schools, either because they bought pre-kids and got stuck by the RE market collapsing or they’re not that bright and bought without looking at the school.

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  36. What’s wrong with Lincoln? Seems perfectly fine for a 5 year old. If you live in that district I don’t understand what all the fuss is about. If you live in Avondale, I understand.

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  37. “If you have a good neighborhood school as a fallback, it’s really not that bad.”

    Yeah, I think the people in good neighborhood schools know that. And prob the ones in bad neighborhood schools too. Did you have your kid test?

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  38. “What’s wrong with Lincoln? Seems perfectly fine for a 5 year old. If you live in that district I don’t understand what all the fuss is about.”

    You do understand who you are talking to, don’t you? Lil nonny needs to get to HYP (actually not sure that provides enough of a vacation lifestyle for the nonnies).

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  39. “t will, as of May, be charging the borrower 1.2% PMI a month- yes, that’s right, a MONTH, which adds vastly to the cost of a FHA loan. ”

    This is incorrect. And was very obviously incorrect to me reading on first glance. It’s 1.25%/year.

    1.25%/month would equal 15% of principal per year, not even 10yr mortgages touch that level.

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  40. Sabrina, the housing market that supposedly led us out of the last recession was based strictly on reckless extension of credit, which always leads to a super-bust. Why are we repeating the behaviors that led to the worst financial debacle in recorded history, from which we have yet to recover as it is? How have we not learned from the past 15 years, that “stimulus” in the form of debt creation and asset inflation is a very dangerous way to drive the economy and will lead to an even worse blowup the next time around, leaving us worse off than ever. Paying off old debt by creating new debt is not the solution and it’s difficult to believe that our leaders could be so short-sighted and forgetful of recent history, that they honestly believe that creating more consumer debt will get the economy “growing” again.

    I remember when the economy was led by manufacturing of other things besides producing an oversupply of houses and extending credit at DTI ratios of 4:1 with people with FICO scores of 600 or so, never mind 7 year car loans with 21% interest made to people with FICO scores of 550 and existing debt to their eyeballs and temporary jobs.

    We would have to go through a period of real pain to restore our economy to real productivity and our financial system to honesty and integrity, and most of all our population to living within its means and SAVING MONEY, but it is the only way we will have a future. The extremely low savings rate of our population is an impediment to capital formation and renders our population far less resilient and less able to make investments in housing or anything else.

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  41. “Sabrina, the housing market that supposedly led us out of the last recession was based strictly on reckless extension of credit,”

    There wasn’t “reckless extension of credit” in the 1980s. Also wasn’t in the late 1940s, late 1960s, 1970s etc. Housing has led us out of recession every time in the last 70 years Laura. Sorry if you don’t like the truth. Go look at the charts of recessions and the rebound in housing starts just as we’re coming out of it.

    It’s not about manufacturing. We’re not going back to the 1960s in how our economy is run. We’re not suddenly going to start making things again. Similarly, we’re not all going to work on farms anymore or work in the stockyards. Our economy has evolved. The jobs today are web designer, Director of Social Media, SEO specialist.

    BUT- we still need housing and that’s where all the other job creation comes from. Every house that is built employs architects, landscape designers, plumbers, electricians, cable companies, painters, interior designers. You have to buy floors, drapes, furniture, appliances etc. It is a HUGE boost to the economy and is the final item needed to get this economy really going.

    Laura- I think we can agree that credit isn’t “easy” right now (at least for housing.) The real estate industry still complains about how hard it is for people to get loans. Easy credit isn’t a problem in the housing market right now.

    We NEED housing to recover for the economy to do the same. Anyone rooting against housing is rooting against the American economy.

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  42. If I bought a unit in this building I would be pissed at how cheaply the common areas are decorated on the first floor. Looks like it was furnished at HomeGoods! I think they cut a lot corners after 2008.

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  43. @nonya

    “If you have a good neighborhood school as a fallback, it’s really not that bad.”

    yes if you are assuming that of this large large large city that the majority of its population has a good neighborhood school?

    ” A lot of the people freaking out about it have bad neighborhood schools, either because they bought pre-kids and got stuck by the RE market collapsing or they’re not that bright and bought without looking at the school.”

    or that the family has ties to the hood, loves their home and block, doesnt want to move, tried working to improve the neighborhood school but its still shytie.

    so really your saying that i am not that bright? so when we bought 8+ years before we had kids we should have looked at the school?

    are you also saying that because of the crash we a “stuck” in our home?

    wow many bold assumptions and the added absolute of calling folk stupid.

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  44. “when we bought 8+ years before we had kids we should have looked at the school?”

    this one has bene discussed a lot. If buying a smaller condo, no; if buying a SFH, yes, bc it affects one’s resale prospects, if nothing else.

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  45. Correction, Sabrina. Housing did not lead us out of the Great Depression of the 30s, or the mild recessions of the 50s and 60s, or the deep recession of the late70s and early 80s, which saw the first credit-driven housing “bubble”.

    Wartime manufacturing “cured” the Great Depression (which itself was caused by the insane extension of credit in the 20s), though at great cost in both lives and debt, and the recessions of the prosperous, stable 50s and 60s were part of the normal cycle. Housing was not the biggest part of the economy in those days and price appreciation only kept up with inflation, which from the late 40s to the late 60s, was very mild. My mother’s house was sold to its first owner in 1948 for about $19,000; while she paid $21,500 for it in 1971, and it was not until the late 70s, a period of steep economic decline and rampant inflation due to the oil shortages and our country’s becoming dependent on imported oil, that the price of that house inflated to $50,000, then much higher. At that time, the cornerstone of the American economy was the domestic automobile industry and related industries, which began to lose ground rapidly in the 70s, to foreign manufacturers, notably Japanese, and as our own manufacturers began to move manufacturing offshore, a process that actually began in the 60s even though it would not be manifest to the public until the 70s forward, when we began to lose jobs by the tens of thousands to other, burgeoning manufacturing centers.

    The “cure” for the deep recessions of the 70s and early 80s was, of course,the cheap oil that flooded the country after the discovery of the rich (and now substantially depleted) oil fields in the British and Norwegian North Seas oil fields, and Alaska’s north slope. Mexico’s Canterell field, now almost totally depleted, helped greatly, too. Housing followed, but it did not lead. Only in the past couple of decades has housing led the economy, and to me, that is a sign of intrinsic, structural economic weakness that will not be cured by more debt creation and price inflation.

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  46. “this one has bene discussed a lot. If buying a smaller condo, no; if buying a SFH, yes, bc it affects one’s resale prospects, if nothing else.”

    what if one assumed that they could help get the school turned around? (which would increase resale value)

    also explain bucktown/wicker park and its high prices for sfh?

    not that i disagree that one SHOULD have that as a factor for SFH, its just a matter of the situation dictating that importance of that factor even if its just for resale value.

    also for short term YES YES YES it should be an important factor but longer view in dont think its as much as it should

    really in 10 years things can change, in 20 years its an up for grab. look at your area in the past 30 years how much changed, and from 2013 to even 2033 do you think it will be the same?

    If tiny dancer keeps on the same pace then in 30 years it will be detroit part deux (yes extreme example)

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  47. “What’s wrong with Lincoln? Seems perfectly fine for a 5 year old. If you live in that district I don’t understand what all the fuss is about.”

    No fuss. From what I understand, Lincoln elem (1) is not merely perfectly fine, but first rate, yet (2) is rather overcrowded, with no actual near-term solution (i.e., nothing is going to happen within the next few years that would materially reduce the kids/classroom ratio).

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  48. “tiny dancer”

    hahaha

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  49. ‘We NEED housing to recover for the economy to do the same. Anyone rooting against housing is rooting against the American economy.’

    You understand what you’re implying don’t you? A recovery in housing means that prices will rise and further smash the dreams of those who during the crash and period of falling prices, thought *they* would finally get the chance of bagging that ideal place in that ideal neighborhood… safely on their income. Sure, who didn’t enjoy watching the beheading of those fools who leveraged themselves to death and thereby artificially spiking RE prices well beyond the levels that any sane/responsible person would ever pay, but we’re mostly beyond that now. And while there will always be crazy loans given to crazy people who further distort housing prices, by and large, what most places are selling for now are most likely priced where they should be, but that’s still too high and unattainable for a certain urban group that thought they could possibly move on up, but never did. No, this group doesn’t want a recovery unless that is, they’re trying to sell their own house.

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  50. Laura,

    Canterell is not depleted. It has plenty of production potential. The Mexican government’s nationalistic refusal to let foreign oil companies invest and bring more modern extraction methods to the field is what has caused its production to sag. The new Mexican president seems to realize how foolish the current policy is, and is trying to open the country’s oil industry to foreign investors. Let’s see if that happens, and if it does, I predict oil production will soar in Mexico in coming years from Canterell and other fields. The country has vast untapped potential.

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  51. Next, Nonya will tell us that it’s not very bright not to have a graduate degree, perfect health and a job in finance or a profession. All of which is true. All these fucking dim people in Chicago. They need more punishment.

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  52. gringozecarioca on April 4th, 2013 at 10:34 am

    “Next, Nonya will tell us that it’s not very bright not to have a graduate degree, perfect health and a job in finance or a profession.”

    Damn, with the pinched nerve I got 2 days ago, I just struck out on all of the above.

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  53. “If tiny dancer keeps on the same pace then in 30 years it will be detroit part deux ”

    Not to go down that road here, but what’s your issue, so far? That he hasn’t unwound every Daley-endorsed scam of the last 60 years in less than two? That he’s a ‘racist’ for closing the half-empty schools?

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  54. gringozecarioca on April 4th, 2013 at 10:39 am

    I always thought the recession of 1980 ended when we beat the Russians in Lake Placid and then everyone got all happy and started working more.. Now I learn it was cheap oil. Awesome to tie entire global economic shifts to one thing. Simplifies things nicely for Ze.

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  55. “Not to go down that road here, but what’s your issue, so far? That he hasn’t unwound every Daley-endorsed scam of the last 60 years in less than two? That he’s a ‘racist’ for closing the half-empty schools?”

    not to get tooo detailed and deep on a RE blog……

    not saying he didnt walk into a huge steamer dropped on his new appointed desk. I can give a shyte what craptacular schools he closed even though the good ones are pushing 35 per class in low grades.

    i also can careless about a speed camera by a park, or a red light camera on my corner.

    what does concern me is the less patrols in mine and other nieghborhoods and the long term future.

    long term he is not positioning for when the economy turns and get better. by the time it takes a turn basic services will be bare bones and for what ever is left of the middle class will split because its too expense for your return so why stick it out as an average joe? the Elite class will then get the burden from the joe’s moving out and the unwashed poor coming back (or multiplying) and the elite will foot the bill for how much longer?

    and yes to point to another thread, the numbers may be correct and in line but the perceived is that for what you get your getting ripped and with lower po po’s rolling around in your area to man the gang infested and now michigan ave. what you see out your door will be perceived as nothing but BS and many will vote with their feet.

    But talk to many on what they perceive and the long term stance and current track record of our 2020 presidential candidate its just doesnt seem to sit well.

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  56. “I always thought the recession of 1980 ended when we beat the Russiansl”

    either that or Pac Man fever stimulating the economy 1 quarter at a time

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  57. gringozecarioca on April 4th, 2013 at 1:48 pm

    “either that or Pac Man fever stimulating the economy 1 quarter at a time”

    I’d like to accept that but nothing sounds as good as the “Eruzione Rally”

    FYI.. If you didn’t see it last month… google “eruzione jersey sells at auction” for a serious WTF moment.

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  58. “what does concern me is the less patrols in mine and other nieghborhoods and the long term future.
    long term he is not positioning for when the economy turns and get better. by the time it takes a turn basic services will be bare bones and for what ever is left of the middle class will split because its too expense for your return so why stick it out as an average joe? the Elite class will then get the burden from the joe’s moving out and the unwashed poor coming back (or multiplying) and the elite will foot the bill for how much longer?
    and yes to point to another thread, the numbers may be correct and in line but the perceived is that for what you get your getting ripped and with lower po po’s rolling around in your area to man the gang infested and now michigan ave. what you see out your door will be perceived as nothing but BS and many will vote with their feet”

    What would be a reasonable amount of time to fix all the Daleying we got in the last 20 years? Keep in mind that all the Daleying beneficiaries are some pretty entrenched interests. If Rahm can fix Chicago in any meaningful way he deserves the presidency.

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  59. “What would be a reasonable amount of time to fix all the Daleying we got in the last 20 years?”

    That’s be 56 years, pally. The interregnum between the Daley’s did not entail any meaningful de-Daley-fication.

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  60. “What would be a reasonable amount of time to fix all the Daleying we got in the last 20 years?”

    to actually fix most of it in one term would be political suicide and really you would probably get ousted half way through.

    just easier to “play ball” and bid your time to get your piece of the pie.

    “If Rahm can fix Chicago in any meaningful way he deserves the presidency.”

    assuming he wants to do either.

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  61. Eurizione was a speaker at a business meeting I attended a few years ago. Great story and interesting speaker. After the meeting was over we all ended up in the hotel bar. Lets just say that Mr Hockey was apparently fresh off of a divorce, drank too much, and was trying to shoot and score all night on anything that walked by. Pretty creepy dude and it kinda ruined the miracle on ice moments he had shared just hours before.

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  62. “i also can careless about a speed camera by a park, or a red light camera on my corner.”

    If you don’t fully stop before turning at a red light, the camera ticket is $100. That’s cruel. Illinois sucks.

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