Archive for April, 2008

Top Floor With Parking in Lakeview: 850 W. Diversey

I heard one agent say the other day that anything priced up to $450,000 in Lincoln Park and Lakeview is selling quickly. That would put this top floor condo at 850 W. Diversey in that category. It even has w/d in the unit and parking. And it’s near the “prime” East Lakeview neighborhood with its shops, restaurants […]

A Classic Bungalow in The Villa: 3707 N. Harding

Most people probably have never heard of The Villa.  It is a landmark historic district in the Old Irving Park neighborhood that has very well preserved bungalows and tree-lined streets. From the Chicago Landmarks website: Attracted by landscaped parkways and the requirement that all houses be in the “bungalow mode,” buyers in this development built […]

Little Appreciation in Four Years: 101 W. Superior

Some buildings, for whatever reason, appreciated very little during the boom-boom years. Take 101 W. Superior in River North. It’s a midrise that was completed in 2004. Several two bedroom units are on the market for little more than they paid in 2004. Unit #506: 2 bedrooms, 2 baths, 500 square foot terrace Sold in July 2004 for […]

A Touch of the Mediterranean at 2532 W. Coyle in West Ridge

And you thought the only place to find a touch of the Mediterranean was in Lakeview. Apparently, you can also find it in West Ridge, specifically in the Indian Boundary Park neigborhood, west of Western at 2532 W. Coyle. This house was built in 1927 and, even though I’ve said it before, they just don’t […]

Sun-Times: Waterview Tower Construction May Halt

Another sign of the times, but much more serious because they’ve already started construction, is this news from David Roeder of the Sun-Times that construction may have to halt at Waterview Tower, the 90+ story high-rise condo/hotel at 111 W. Wacker Drive in the Loop due to financing issues. They have already built up to at least […]

Another One Bites the Dust: Lennar Cancels Parc Huron

According to Crain’s, Lennar has canceled The Parc Huron at 469 W. Huron in River North after marketing it for only the last six months. It was supposed to be a 21-story, 221-unit building. The sales center opened in October 2007. What is telling is how many units they sold (or didn’t sell): Lennar began […]

Free Parking at Pearson on the Park: 222 E. Pearson

The developer is trying to close out sales at the conversion at Pearson on the Park at 222 E. Pearson in Streeterville/Gold Coast. The building was built in 1963 and was converted in 2007. The lobby and hallways were renovated. The developer put washer/dryers in the units. Now, the developer is giving away parking when you buy a […]

Is a Junior 1 Bedroom a Good Investment? 450 W. Briar

Junior one bedrooms are an affordable way to get into condo ownership for many people. 450 W. Briar in Lakeview was converted into condominiums in 2005 and 2006.  The building has 13 floors and was built in 1972. This seller is trying to move on after two and a half years. Is there profit to […]

Update on Foreclosures in The Sterling: 345 N. LaSalle

In late December 2007, I chattered about a three bedroom, three bath unit on the 47th floor in The Sterling, at 345 N. LaSalle in River North, that was in foreclosure. Here were the stats back in December- along with the Craigslist ad at the time: Unit 4701: 3 bedroom, 3 bath, 1900 square feet […]

First Pictures from Inside The Emerald: 123 S. Green

The first rentals in The Emerald, 123 S. Green, in the West Loop near Greektown are now appearing in earnest as the first building is nearing completion. Several rentals have popped up on the MLS and several more are on Craigslist. These are pictures from the interiors of a one bedroom and a one bedroom with den. […]