Archive for May, 2008
Foreclosures and Short Sales in The Columbian: 1160 S. Michigan
As a reader pointed out a week or so ago, a two bedroom short sale has appeared on the market in The Columbian, at 1160 S. Michigan, in the South Loop. This is the new construction high rise at the corner of Michigan Avenue and Roosevelt Road. Here is the listing for Unit #2502: SHORT SALE… SELLER […]
Elegant Vintage in East Lakeview: 511 W. Aldine
511 W. Aldine is one of those elegant courtyard buildings that dot the streets of East Lakeview. Built in 1926, this building does not disappoint with large units and original vintage features. The listing says it “light-filled European vintage”. Unit #3F: 1 bedroom, 1 bath, diningroom, woodburning fireplace I couldn’t find a prior sales price Currently listed for […]
Price It Right- It will Sell: 1140 W. Newport in Lakeview
There are two townhouses currently on the market at 1140 W. Newport in Lakeview. These aren’t huge townhouses- but seem more like a two bedroom condo alternative. They were built in 1990. Unit #A was the last unit to sell. Unit #A: Sold in April 2004 for $350,000 Sold in January 2008 for $383,000 Unit […]
Living in a Duplex Loft: 1300 W. Altgeld in Lincoln Park
Chicago may be famous for its lofts, but what about the duplex loft? Altgeld Court, at 1300 W. Altgeld in Lincoln Park, is a loft building that is all about the duplex. These are also a bit more unusual because they are not the usual timber or concrete ceilings. Built in 1991, there are currently three […]
NYT: Hidden Dangers in Buying Condo Foreclosures
The New York Times ran an article yesterday called “Collateral Foreclosure Damage for Condo Owners” about how owners are being saddled with paying special assessments, among other burdens, to cover assessments on foreclosed condo units. The article talks about what the condo mess is doing to owners in downtown Miami. But Chicago is also mentioned. We’ve chattered about this […]
Five Months Later and Still On the Market: 7406 N. Claremont
I chattered about this pretty vintage unit at 7406 N. Claremont in West Ridge in mid-January 2008. It is still on the market and has been reduced- but not by much. 7406 N. Claremont #1S: 3 bedrooms, 3 baths, duplex, 3100 square feet Sold in March 2002 for $302,000 Was listed in January 2008 for $434,900 […]
Does Stainless Steel Matter- Part II: 725 W. Sheridan in Lakeview
In January 2008 we chattered about a listing in The Cinema Lofts at 1635 W. Belmont that emphasized the new stainless steel appliances. Here is another listing doing the same at 725 W. Sheridan in Lakeview: BEST LAYOUT IN THE BUILDING! PRICE INCLUDES 1 DEEDED PARKING SPACE. UNIT FRESHLY PAINTED & ALL NEW CARPET. KITCHEN BOASTS […]
Want Modern? Check out 860 N. Lake Shore Drive
Many people like the modern style of Helmut Jahn’s 600 N. Fairbanks. But before that building came the Mies Van Der Rohe buildings on North Lake Shore Drive. 860 N. Lake Shore Drive is one of the co-op buildings. Built in 1951, there are no washer/dryers and no central air. But who needs those things? It’s […]
Vintage in Lincoln Park for under $275,000: 1104 W. Montana
Lincoln Park continues to be pricey for those looking for a first home- i.e. a one bedroom condo. 1104 W. Montana in Lincoln Park appears to fit the bill and is currently listed at 2006 pricing. From the listing: JOB RELOCATION OUT OF STATE – SELLER’S LOSS YOUR GAIN. IN 2007 $10,000 IN UPGRADES. APPRAISED […]