Sometimes even the flippers get realistic. Such is the case with The Chess Lofts which recently started closings and which currently has many more units for rent than for re-sale. The Chess Lofts, at 320 E. 21st in the South Loop – near the Prairie Historic District – is a true loft conversion of the old […]
This post isn’t about Chicago real estate but I just had to chatter about it. It seems to be a hoax (as someone told me he looked up the address and said it doesn’t exist) but the writer certainly has a sense of humor out in the DC area. From Craigslist DC: Overpriced Condo with Great Views Reply […]
Apparently, this poster on Craigslist thinks if he/she just asks if anyone is interested- people will respond. Are there any interested parties out there who are looking for a high floor one-bedroom in the new Jahn building at 600 N Fairbanks? I don’t have the exact numbers, but I would estimate there are at least 200 […]
I talk a lot about condos that aren’t selling here in Chicago, but how about some that are? 55 E. Erie in River North, completed in 2003, is a very popular building with the upper crust set. Expensive units have always sold well in the building. Thanks to the Tipster who recently sent me information about two […]
Two weeks ago I chattered about Charlie Chaplin’s penthouse unit at the historic Brewster, at 2800 N. Pine Grove in Lakeview and its fantastic outdoor terrace. This week, there is an ad on Craiglist touting a price reduction: Unit #PHA: 3 bedrooms, 2 baths, 2200 square feet Was listed for $597,000 Now listed for $585,000 […]
It seems that some sellers are starting to get a bit more aggressive with their listing price now that February has arrived. February traditionally kicks off the Chicago selling season. In December 2007, I chattered about a vintage duplex at 3619 W. Wilton in Lakeview that had been on the market for awhile and had several price reductions. […]
The Chicago Tribune addresses what we’ve been chattering about for several months: it’s a buyer’s market for condos downtown. In “Rising Expectations,” buyers and developers discuss the incentives that are being offered to move product as the market has slowed. They interview a 20-something looking for a “deal.” With sales down sharply in 2007 but […]
Despite much chatter regarding foreclosures here, the number of foreclosures is still much larger on the South Side than on the North Side. But as I’ve been pointing out lately, the North Side isn’t immune. Thanks to the Tipster who sent me information on 1850 W. Division in Ukranian Village/Wicker Park, a mid-rise building with around […]