Crib Chatter

This 4-bedroom duplex-up penthouse in the Meeker Mansion at 3030 N. Lake Shore Drive in East Lakeview came on the market in March 2025.

Built in 1913 for industrialist Arthur Meeker, it was converted into 4 luxury condos by LR Development in 2010. The mansion is in the Georgian-style with a brick and limestone exterior.

It has an elevator which opens privately into each unit. There is also attached garage parking.

This unit occupies the top two floors but it doesn’t have any of its vintage features intact.

On the main floor is the living/dining room combination, a family room that is open to the kitchen, the laundry and a powder room.

There is a 20 foot wide balcony off the family room/kitchen.

The chef’s kitchen has custom black cabinetry, professional grade appliances, including a built-in wine fridge, and a built-in banquette.

The main floor also has the set-up that families look for as all four bedrooms are on that floor and all of them are en suite.

They have carpeting.

The primary bedroom has a sitting area, 2 walk-in-closets and a spa-like bath with floor-to-ceiling natural stone tile, a dual vanity, an oversized tub and a glass-encased shower.

One of the other three bedrooms is currently used as a custom closet.

The second floor has a home office with a 275 square foot private terrace, a fitness room with a skylight, a recreation room or flex space, and a full bath.

The unit has custom shades throughout.

It has central air, washer/dryer in the unit and an attached 2-car garage.

This mansion is in the prime area of East Lakeview, close to the lakefront, Lincoln Park, and the shops and restaurants of Lakeview.

Listed at $2.5 million, that’s just $200,000 over the 2010 sales price of $2.3 million.

At 4,265 square feet, is this a deal?

Ryan Prevett and Timothy Salm at Jameson Sotheby’s have the listing. See the pictures and floor plan here.

Unit #PH 401: 4 bedrooms, 5.5 baths, 4,265 square feet, penthouse

• Sold in May 2010 for $2.3 million
• Listed in March 2025 for $2.5 million
• Currently still listed at $2.5 million
• Assessments of $1,564 a month (includes lawn care, scavenger, snow removal)
• Taxes of $43,041
• Central Air
• Washer/dryer in the unit
• 2-car attached garage included
• Private elevator entry
• Bedroom #1: 20×15 (main floor)
• Bedroom #2: 14×13 (main floor)
• Bedroom #3: 9×13 (main floor)
• Bedroom #4: 11×16 (main floor)
• Kitchen: 8×16 (main floor)
• Living/dining room: 19×26 (main floor)
• Family room: 16×17 (main floor)
• Study: 18×15 (second floor)
• Storage: 4×16 (second floor)
• Work room: 9×20 (second floor)
• Recreation room: 13×16 (second floor)
• Balcony: 5×20 (main floor)
• Terrace: 25×11 (second floor)

This 2-bedroom in 1400 N. State Parkway in the Gold Coast came on the market in March 2025.

Built in 1960, 1400 N. State Parkway is a boutique building with 96 units and attached garage parking.

It has door staff, storage and bike storage.

This unit is a “super bright” corner unit with south, north and west city views.

It has dark hardwood floors throughout, including the bedrooms.

The listing says it has a newly renovated kitchen with white and gray cabinets, stainless steel appliances and granite counter tops.

It has updated closets with sleek frosted doors.

The two bathrooms have both been updated with high-end finishes.

The unit has a large, south facing balcony with city views and a peak of Lake Michigan.

It has some of the features buyers look for including garage parking but I’m not sure if it’s deeded or if it’s rented. Other listings have deeded parking available for $40,000.

The unit does not have central air but it has wall units and baseboard heat. There is no washer/dryer in the unit but coin laundry in the building.

This building is in the “unparalled charm of the Gold Coast tree-lined streets.” It’s near several bus lines and the shops and restaurants of the Gold Coast and Old Town.

It has easy access to Oak Street Beach and Lincoln Park.

Listed in March 2025 at $440,000, it last sold in September 2023 for $420,000.

Can it get the premium just 18 months later?

Olin Eargle at @properties Christie’s has the listing. See the pictures here (sorry, no floor plan).

Unit #12A: 2 bedrooms, 2 baths, no square footage listed but other A unit are 1250 square feet

• Sold in December 1987 for $126,000
• Sold “estate sale, as is” in October 2019 for $280,000
• Sold in September 2023 for $420,000
• Originally listed in March 2025 for $440,000
• Currently still listed for $440,000
• Assessments of $982 a month (includes heat, cable, doorman, exterior maintenance, lawn care, scavenger, snow removal, Internet)
• Taxes of $5226
• No central air but wall unit cooling
• No in-unit washer/dryer but coin laundry in the building
• Garage parking included (owned or rented?)
• Bedroom #1: 15×12
• Bedroom #2: 12×12
• Living room: 19×15
• Dining room: 12×10
• Kitchen: 11×8
• Foyer: 11×4
• Balcony: 14×4

It’s time to get back to the monthly sales data. We’ve been chattering about how low the inventory has been this spring.

It hit new lows for this cycle in February 2025.

From the Illinois Association of Realtors:

The city of Chicago experienced a 3.1 percent year-over-year home sales decrease in February 2025 with 1,306 sales, down from 1,348 in February 2024. The median price of a home in the city of Chicago in February 2025 was $360,000, a 9.1 percent increase from February 2024 when the median price was $330,000.

Here is the sales data for February going back to 1997 (courtesy of G):

• 1997: 881 sales
• 1998: 991
• 2000: 1383
• 2001: 1151
• 2002: 1677
• 2003: 1566
• 2004: 1814
• 2005: 2228
• 2006: 1855
• 2007: 1703
• 2008: 1454
• 2009: 870
• 2010: 1257
• 2011: 1092
• 2012: 1250
• 2013: 1411
• 2014: 1361
• 2015: 1497
• 2016: 1567
• 2017: 1529
• 2018: 1535
• 2019: 1449
• 2020: 1496
• 2021: 1658
• 2022: 1924
• 2023: 1238
• 2024: 1306
• 2025: 1348

Here is the Median Price Data also going back to 1997 (thanks G!):

• 1997: $117,000
• 1998: $132,000
• 1999: $143,750
• 2000: $161,500
• 2001: $180,200
• 2002: $212,000
• 2003: $215,000
• 2004: $229,900
• 2005: $268,900
• 2006: $267,500
• 2007: $270,000
• 2008: $290,000
• 2009: $218,125 (with 31% being REO/Short Sales)
• 2010: $176,000 (with 46% being REO/Short Sales)
• 2011: $150,250 (with 50% being REO/Short Sales)
• 2012: $140,300 (with 52% being REO/Short Sales)
• 2013: $158,000
• 2014 $175,000
• 2015: $212,000
• 2016: $236,000
• 2017: $246,000
• 2018: $272,000
• 2019: $272,500
• 2020: $290,000
• 2021: $320,000
• 2022: $320,000
• 2023: $310,000
• 2024: $330,000
• 2025: $360,000

Reminder: The high for home sales in February for the last 17 years was in February 2022, just before the Federal Reserve started raising interest rates.

Yes, it has been 3 years since the Chairman Powell and the Federal Reserve started aggressively raising interest rates, which pushed up mortgage rates.

Even today, with the Fed cutting, mortgage rates remain elevated compared to early 2022.

The average 30-year fixed mortgage was 6.84% in February 2025, down from January’s 6.96% but up from February 2024 when it was 6.78%.

In February 2022 the average 30-year fixed mortgage was 3.76%.

“With fewer homes on the market, buyers are competing more aggressively, and sellers are seeing strong appreciation,” said Tommy Choi, Illinois REALTORS® 2025 President and co-founder and owner of Weinberg Choi Residential at Keller Williams ONEChicago. “Illinois’ real estate market continues to show resilience, and as confidence among buyers and sellers continues to grow, Illinois will remain a dynamic and competitive landscape for homeowners.”

Statewide inventory fell 0.6% year-over-year to 16,782 from 16,886 last year.

In Chicago, inventory plunged 18% to 3,664 homes from 4,470 homes a year ago. How low is that?

• February 2021: 8,055
• February 2022: 6,225
• February 2023: 5,155
• February 2024: 4,470
• February 2025: 3,664

“Our three-month forecast expects statewide closed sales activity between March and May to be nearly 3 percent higher than last year,” said Geoff Smith, Executive Director, Institute for Housing Studies at DePaul University in Chicago.

“House price growth is expected to flatten out with prices of single-family homes projected to increase in the coming months following seasonal trends but be slightly lower in May 2025 compared to last year. General consumer and homebuyer sentiment declined in February due to increasing uncertainty surrounding the broader economy, interest rates and homebuying conditions.”

In Chicago, average days on the market fell 4.4% to 43 days from 45 days last year.

Of the 1306 sales, 835 were condos and 471 single family homes. Condo sales were up 3.1% year-over-year and single family home sales were down 12.5%.

“Chicago’s housing market held steady in February. Even as closed sales dipped slightly compared to last year, buyers remained active,” Erika Villegas, president of the Chicago Association of REALTORS® and broker and owner of RE/MAX In the Village said. “As we head into the spring market, demand is steady and buyers are prepared to act quickly, despite continued low inventory and rising prices.”

Inventory continues to be low in March.

Will prices continue to rise?

Low inventory and higher median prices stymie Illinois home sales in February [Illinois Association of Realtors, Press Release, March 20, 2025]

This 3-bedroom triplex penthouse in the historic Playboy Mansion at 1340 N. State Parkway in the Gold Coast came on the market in February 2025.

The Playboy Mansion was built in 1903 and was previously owned by Hugh Hefner. Yes, Playboy bunnies actually lived on the top floor.

In 1993, it was split into 7 luxury condos. The building has an elevator and attached garage parking.

This penthouse doesn’t have any of its vintage features.

The listing says to “expect the unexpected” and calls it the “coolest space in the Gold Coast.”

It has 2-story ceilings with open vistas and an open sculptural staircase.

And forget normal skylights. The unit actually has huge spans of glass ceilings flooding the space with natural light.

The first floor has the living room with an adjacent den/office.

There’s a fireplace in the living room.

The second floor has a dining room, the kitchen, 2 bedroom suites, and a study room with built-in desks and shelving.

It has an integrated “chef’s kitchen” with white cabinets designed by Deguilio with commercial grade appliances, storage, oversized windows and an island with black cabinets and seating for 4.

The top floor is a primary suite with with 2 huge walk-in-closets and a marble spa bath.

The penthouse has a private 1000 square foot landscaped roof terrace with tree top views.

This unit has the features that buyers look for including central air, washer/dryer in the unit and 2 garage parking spots are included.

The Playboy Mansion is near the shops and restaurants on Division and State and is walkable to Old Town.

It’s also near several bus lines.

Listed in February 2025 at $2.5 million, it’s has been reduced $200,000 to $2.3 million.

That appears to be $100,000 under the 2007 purchase price of $2.4 million.

Is this condo a single family home alternative in the Gold Coast?

Brad Lippitz and Anne Killarney at Compass has the listing. See the pictures and floor plan here.

Unit #4N: 3 bedrooms, 3.5 baths, triplex penthouse, 5030 square feet

• Sold in June 1994 for $955,000
• Sold in August 1997 for $666,250 (?)
• Sold in December 2007 for $2.4 million (per Redfin)
• Originally listed in February 2025 for $2.5 million
• Reduced
• Currently listed at $2.3 million
• Assessments of $2671 a month (includes exterior maintenance, lawn care, scavenger, snow removal)
• Taxes of $48,947
• Central Air
• Washer/dryer in the unit
• 2-car garage parking included
• Fireplace
• Bedroom #1: 19×26 (third floor)
• Bedroom #2: 12×12 (second floor)
• Bedroom #3: 14×14 (second floor)
• Living room: 21×30 (main floor)
• Dining room: 15×19 (second floor)
• Kitchen: 16×19 (second floor)
• Office: 11×17 (main floor)
• Bonus room: 7×18 (second floor)
• Walk-in-closet: 11×11 (third floor)
• Walk-in-closet: 5×9 (third floor)
• Laundry: 11×9 (second floor)
• Rooftop terrace: 27×27 (fourth floor)

This 3-bedroom single family home known as the “Yellow House” at 314 W. Menomonee in Old Town came on the market in February 2025.

Built in 1875, it is a landmarked home in the Old Town Triangle historic district with brick sidewalks out front and a white picket fence.

Built on a 34×60 lot, it has south, west and east views and tandem parking.

The listing says it has no adjoining neighbors which provides unique sunshine from early morning till late evening.

It has a secret garden which is a 3 time City of Chicago garden contest winner. The secret garden has been featured on the Old Town garden tour.

The first floor is the living room, dining room and an eat-in kitchen with white appliances.

The second floor has a family room with a wood burning stone fireplace and three bedrooms and 2 full baths.

There is a primary suite, which is unusual in older homes, with a walk-in-closet and an ensuite bath with a clawfoot tub and skylight.

The basement has a recreation room and storage.

The house has central air.

The listing says the house is in the Lincoln School District. It’s also near all the shops and restaurants on Wells Street in Old Town as well as the rest of Lincoln Park.

The listing says the Yellow House is on the market for the first time in 25 years.

Listed in February 2025 at $1.899 million, it remains available at the same price.

Is it price right to sell this spring?

Hadley Rue at Dream Town has the listing. See the pictures and floor plan here. I also recommend checking out all the historic pictures of the home in the listing (hint: it wasn’t always yellow).

314 W. Menonomee: 3 bedrooms, 3 baths, single family home, 2800 square feet

• Sold in August 1996 for $395,000 (per Zillow)
• Sold in November 1998 for $550,000 (per Zillow)
• Listed in February 2025 for $1.899 million
• Currently still listed for $1.899 million
• Taxes of $18,412
• Central Air
• Lot: 34×60
• Wood burning fireplace
• Tandem parking
• Bedroom #1: 11×12 (second floor)
• Bedroom #2: 9×9 (second floor)
• Bedroom #3: 11×14 (second floor)
• Kitchen: 8×22 (main floor)
• Breakfast room: 7×7 (main floor)
• Dining room: 12×13 (main floor)
• Living room: 12×29 (main floor)
• Foyer: 8×13 (main floor)
• Family room: 19×19 (second floor)
• Walk-in-closet: 8×7 (second floor)
• Recreation room: 19×17 (basement)
• Storage: (basement)
• Side yard and secret garden

This 3-bedroom in the Pinnacle at 21 E. Huron in River North came on the market in March 2025.

Built in 2004, the Pinnacle has 213 units and attached garage parking.  It has full service amenities including 24-hour door staff, indoor pool, a gym, a theater, party room, a dog run and a sundeck.

The listing says this unit was custom-designed by Michael Del Piero. It calls the unit “modern and elegant.”

It has Belgian wide-plank white oak floors and custom motorized shades throughout.

The unit has an open concept kitchen which is a “chef’s dream” with textured wood and black custom cabinetry, Carrera marble counters and backsplash and a large island with breakfast bar seating.

It has top-of-the-line appliances includes a SubZero fridge, a 6-burner Wolf range with convection oven, a custom plaster hood and a beverage fridge.

There’s also a pantry with laundry storage and a wine fridge.

There’s a fireplace in the living room.

It has a dining room.

The primary bedroom is a “true retreat” with a custom walk-in-closet and an en suite bath with heated floors, a double vanity, and an expansive shower with dual showerheads.

The unit has 2 balconies.

It has the features that buyers look for including central air, washer/dryer in the unit and garage parking is available for $50,000.

The Pinnacle is near the Mag Mile, the Eataly, Trader Joe’s, Whole Foods, the AMC movie theater, the temporary casino, several cathedrals and also transportation options such as subway stops and multiple bus routes.

Listed in March 2025 for $1.375 million, that’s $300,000 under the 2018 sales price of $1.675 million.

Is this a deal?

Elliot Small and Olivia Stohle at Compass have the listing. See the pictures here.

Unit #2005: 3 bedrooms, 2.5 baths, 2081 square feet

• Sold in December 2004 for $999,500
• Sold in January 2016 for $1.367 million
• Sold in August 2018 for $1.675 million
• Currently listed at $1.375 million
• Assessments of $1885 a month (includes heat, a/c, gas, doorman, cable, exercise room, pool, exterior maintenance, lawn care, scavenger, snow removal, Internet)
• Taxes of $21,492
• Central Air
• Washer/dryer in the unit
• Garage parking is available for $50,000
• Gas fireplace
• Bedroom #1: 16×16
• Bedroom #2: 16×12
• Bedroom #3: 18×15
• Foyer: 13×8
• Living room: 25×15
• Dining room: 21×10
• Kitchen: 16×13
• Laundry: 6×6
• Walk-in-closet: 12×7
• 2 balconies: 10×6 each

This 1-bedroom single family home at at 1684 N. Ada in West Lincoln Park came on the market in March 2025. (Sorry, I don’t have a picture)

Built in 1885, this 3500 square foot former factory was converted into a single family home on a 82×41 lot.

It’s called the Charcoal Factory and was available for rent for special events. It has it’s own website:

Fifteen years ago Stuart Grannen, the founder of Chicago’s renowned Architectural Artifacts Inc., purchased an old charcoal factory in a once forgotten industrial section of the city. The factory is now in the heart of the newly developing Lincoln Yards neighborhood.

Stuart collaborated with an internationally acclaimed designer to convert this incredible factory space into an American Institute of Architects award winning home. They were committed to keeping the original aesthetic of the building and set off to preserve the fire brick and concrete walls, original factory windows and gorgeous timber beam floors and ceiling. Add one of a kind furnishing, art and soul, and voilà.

Stuart soon began receiving requests for photoshoots, film productions, and small parties which led him to the conclusion that this space was too special to keep to himself! He has decided to let others share in the joy of this architectural masterpiece. If you are looking to host 15 guests for a dinner party or 100 of your closest family and friends for an intimate wedding, Charcoal Factory Loft is a space like no other in the world!

There is a massive overhead garage into a picturesque courtyard.

The home has soaring timber ceilings and clay tile and concrete walls.

It’s a live-work space which the listing says had a “complete renovation” 10 years ago.

The listing says you could add bedrooms.

The kitchen has stainless steel cabinets and appliances.

There are radiant heated floors, a tear off roof, and new steel windows and doors.

It has a wood burning fireplace and a big rooftop deck off the bedroom.

The home has central air and parking for 2+ cars in the indoor garage.

The listing says, “Seller owns adjacent parcel which is available and would provide 7000 square feet.”

This home is in far West Lincoln Park, near The Hideout and the 606. It’s just a few blocks to the Clybourn Metra Station.

Listed at $2 million, this home has been featured in magazines.

You can see all the pictures in the Charcoal Factory website gallery here.

Will this unique home get snatched up quickly or will the 1-bedroom hold it back?

Luke Blahnik and Anthony Flora at @properties Christie’s has the listing. See the pictures and floor plan here.

1684 N. Ada: 1 bedroom, 2 baths, 3500 square feet, single family home

• Sold in May 2007 for $353,500
• Currently listed for $2 million 
• Taxes of $19,402
• Central Air
• 2+ car garage parking
• Lot size of 82×41
• Wood burning fireplace
• Bedroom: 25×14 (second floor)
• Living room: 31×15 (second floor)
• Kitchen: 17×10 (second floor)
• Foyer: 11×11 (main floor)
• Gallery: 50×14 (main floor)
• Bonus room: 19×15 (main floor)

This 3-bedroom loft at 1235 W. George in Central Lakeview came on the market in March 2025.

By the time you are reading this, it may already be under contract as the listing states: “BEST AND FINAL OFFER DEADLINE MONDAY (03-24) AT 10:00 AM. PLEASE REACH OUT WITH QUESTIONS.”

Built in 1996, 1235 W. George is a complex of 25 townhouses and condos. It has attached garage parking, a shared roof top deck with city views and a central courtyard.

We have called these “loft townhouses” before on Crib Chatter although few of the listings ever refer to these units as lofts.

This is one of the single floor condos but it does duplex up and has a private roof deck on the second floor.

The listing says the unit is “modern design meets industrial chic.”

It has many features of a loft including exposed brick walls, a wood beamed ceiling, exposed steel beams and exposed ductwork.

The listing says it has exposures on all sides.

The living room, dining room and kitchen are open concept and have hardwood floors throughout.

There’s a gas fireplace in the living room.

The kitchen has white cabinets, Carrera marble countertops, stainless steel appliances and a peninsula which seats two.

All three bedrooms have full walls.

The primary and one of the other bedrooms have windows while the third bedroom has only a skylight.

The primary is en suite with a spa-like bath, a separate shower and a skylight.

There is a private interior staircase which goes to the private rooftop deck with views of the skyline.

The unit has a large storage bin in the basement.

It also has the features that buyers look for including central air, washer/dryer in the unit and garage parking is included.

This building is located near shops and restaurants on Lincoln and Wellington. The Diversey bus and Diversey brown line stop are nearby.

Listed at $675,000, that’s $100,000 above the 2021 purchase price of $575,000.

There are just 31 properties currently available in Lakeview, at all price points, with 3 bedrooms and 2 baths.

Any guesses on what this will sell for?

Jeffrey Lowe and Bill Dwyer at Compass have the listing. See the pictures and floor plan here.

Unit #215: 3 bedrooms, 2 baths, 1543 square feet, loft

• Sold in February 1998 for $291,500
• Sold in July 2015 for $495,000
• Sold in January 2019 for $575,000
• Sold in April 2021 for $575,000
• Currently listed in March 2025 for $675,000
• Assessments of $318 a month (includes exterior maintenance, lawn care, scavenger, snow removal)
• Taxes of $10,736
• Central Air
• Washer/dryer in the unit
• Garage parking included
• Gas fireplace
• Bedroom #1: 14×12
• Bedroom #2: 11×11
• Bedroom #3: 10×9
• Living room: 25×15
• Dining room: 12×8
• Kitchen: 11×9
• Deck: 21×15 (second floor)

I wanted to get to this 2-bedroom townhouse at 2729 N. Racine in Lincoln Park before the weekend because we’ve chattered about it before.

It was just listed in March 2025.

I don’t have a year when this was built. There are only two units and they share a common wall. Is this a townhouse or a condo?

We last chattered about it in 2017, when it was priced under $400,000. We wondered how hot the market was.

It went under contract quickly and sold for $16,500 over the list of $385,000 at $401,500.

See our 2017 chatter here.

The listing calls it a townhouse and says there’s “nothing like this on the market.”

It has east and west facing windows and detailed millwork.

On the first floor is the living/dining room and kitchen, along with a powder room.

There is a wood burning fireplace in the living room and refinished hardwood floors.

The kitchen is open to the dining area and has been “updated” with black cabinets, granite counter tops, stainless steel appliances and a breakfast bar which seats two.

There is a skylighted staircase to the second floor which has the primary suite, which also has hardwood floors, large closets and an “updated” bathroom.

The second bedroom is in the lower level and is carpeted.

It also has a full bath.

This townhouse has features buyers look for including central air, washer/dryer in the lower level and there is one outdoor parking space.

It also has an enclosed private deck.

The listing lists everything that has been replaced:

• New full size washer/dryer
• Water heater in 2023
• Ceiling fans in 2023
• Back side of deck rebuilt in 2023
• New furnace in 2021
• New central A/C in 2019

The listing says it’s a 5-minute walk to the Diversey El. It’s surrounded by shops and restaurants on Lincoln and Diversey in both Lincoln Park and Lakeview.

Listed at $525,000 8 years later, will this sell quickly again?

Lynn Kummerer at Luxury Living Real Estate has the listing. See the pictures here.

You can also see it at the Open House tomorrow, May 22, 2025 from 1 pm to 3 pm. If anyone goes, please report in how crowded it is.

Unit #N: 2 bedrooms, 2.5 baths, no square footage listed, townhouse

• Sold in October 2001 for $329,000
• Sold in August 2005 for $425,000
• Originally listed in September 2010 for $409,000
• Reduced
• Was listed in October 2011 for $349,000
• Withdrawn in October 2011
• Was listed in February 2015 at $369,000
• Sold in April 2015 for $345,000
• Was listed in March 2017 for $385,000
• Sold in May 2017 for $401,500
• Currently listed at $525,000
• Assessments are now $175 a month (they were $150 a month in March 2017 and $225 a month in 2011 and 2015) (includes water, parking and common insurance)
• Taxes are are now $8228 (they were $5944 in March 2017, $6025 in February 2015 and $5452 in October 2011)
• Central Air
• Washer/Dryer
• 1 Outdoor Parking Space
• Wood burning fireplace
• Bedroom #1: 14×13 (second floor)
• Bedroom #2: 14×13 (lower level)
• Living room: 16×13 (first floor)
• Kitchen/dining combo: 16×11 (first floor)
• Laundry: 9×7 (lower level)
• Back Deck

Crain’s Dennis Rodkin reports on the “phantom” gold coast building at 1447 N. Dearborn Parkway, that has seemingly been mostly empty since as far back as 1990.

We even chattered about the building ourselves in 2015 (although I used 1445 N. Dearborn as the address, instead of 1447.)

Some of you posted the permits for the building over the years. I thank you.

See our 2015 chatter here.

Crain’s reports that the building has been sold for $10 million and WILL be converted into condos.

As sold, it was just 8 condos with 18 garage parking spaces.

From Crain’s:

“The gorgeousness of the exterior, the brick and limestone,” is all well cared for, O’Malley said. Built sometime before 1925, it was originally a 50-room long-term-stay hotel called Dearborn Manor, a name that lasted at least until the late 1950s, according to archived Chicago Tribune rental ads.

When the building went on the market in the fall, O’Malley said, at least 60 potential buyers toured it, and he was blanketed with questions by passersby. “I’d be at the front gate,” he said, “and people walking by would ask me, ‘What’s going on with the building?'”

Apparently, the new buyer, who is a real estate developer who lives in the Gold Coast, isn’t going to make major changes.

Dohmen said he’ll keep the present eight-unit configuration and finish the units to what he called “an ultra-luxury level” befitting the neighborhood. The finishes and size, he said, will appeal to “people who want to downsize to the Gold Coast.”

The units should be available in mid-2026, Dohmen said. He declined to say what prices he’ll be asking at the time.

The building’s historical stature is slightly misleading, Dohmen said, because much of it was rebuilt in 2010, the result of the street-facing west side collapsing in 2005 when Brown’s firm was rehabbing it into condos. The city issued a stop-work order, according to Chicago Tribune reports. Later, Brown rebuilt the facade, largely duplicating its original look.

In essence, “it’s a brand-new building from 2010,” Dohmen said.

New condos in the Gold Coast are rare.

Will these sell quickly next year when they come on the market?