Archive for January, 2008

Trump Tower Chicago Anticipation Builds

  The curtains are up in the condo/hotel rooms and closings will begin shortly. A Trump buyer is trying to sell a 1 bedroom, 1 bath “regular” condo unit on Craigslist right now for $998,000.  Those aren’t set to close until 2009. Southeast facing the Chicago River and the Lake. Unit Features Include: – Floor-to-ceiling windows […]

West Loop Penthouse Foreclosure With Private Terrace

What’s a “deal” these days when there are foreclosures and bank-owned properties springing up all over the city? This penthouse foreclosure at 933 W. Van Buren in the West Loop caught my eye.  The building was built in 2003. Unit #913: 3 bedrooms,  3 baths, 2200 square feet, 325 square foot private terrace Sold in […]

Lakeview McMansion: “A Once in a Lifetime Opportunity”

Developers of Chicago McMansion homes continue to feel the squeeze from high McMansion inventory and slowing sales. I stumbled upon these two interesting Craigslist ads for a new construction McMansion in Lakeview.  It is the same McMansion only with different pictures and different prices. The McMansion is at 1445 W. Wolfram in Lakeview.  It’s a 5 bedroom, 4.5 bath […]

Painted Lady: San Francisco or Chicago?

Okay- so the trees, the browning leaves and the greystone brick at the bottom of the house give this away.  But this house really is in Chicago and can be found in Bucktown.  Rarely do you see authentic painted ladies in Chicago with the intricate woodwork. This house is a multifamily building. 2013 W. Cortland: 4 bedrooms, […]

Rent or Buy? The Regatta at 420 E. Waterside Drive

Should you rent or should you buy in this market? The Regatta at 420 E. Waterside Drive in LakeShore East is one of the new highrises in the “new east side”.  It started closings in early 2006 so it has already been dealing with flippers and a rash of renters. Building statistics out of 321 […]

Printers Row for $205 a square foot

There may be $400,000 750 square foot one bedrooms for sale in the South Loop past Roosevelt Road, but closer to the loop you can still get a wide open loft for a lot less. The Pope Building at 633 S. Plymouth is one of the authentic loft buildings in Printer Row.  Only 12 stories, the building […]

Welcome to 2008: The Year When Things Get Interesting

2008 has only just gotten here and already I’m seeing things stirring in the Chicago real estate market.  In the last week of 2007, I’ve seen a bunch of aggressive price reductions.  I’ve also seen a sharp uptick in the number of new listings coming on the market.  Will it be that anxious sellers won’t be able to […]