Archive for June, 2008

New Construction Trolley Tour: This Time in Streeterville

  Interested in Streeterville condos? Becky Thomson, who runs the New Construction Trolley Tours, is heading to Streeterville this weekend. Date: June 29 Time: 1 pm Cost: FREE Meet: 600 North Lake Shore Drive You must reserve a spot: call 847-337-7427 or sign up at: Streetervilletour.com From the website: I will take you to some […]

1930s Vintage Without the High Assessments: 4712 N. Paulina

Many of us like the elegance of the big 1920s and 1930s vintage buildings, many which are located along the lakefront. But the high assessments keep us from buying in those buildings. 4712 N. Paulina in Ravenswood may be the solution to the high assessment problem. The 1930s four story building evokes the grandeur of the […]

We Love Authentic Lofts: 515 N. Noble in River West

If you want a true authentic loft with no walls, then 515 N. Noble in River West is your next home. This brick and timber loft is 1400 square feet with walls only for the bathroom and the laundry room. The bedroom is open to the living space- as it should be in a truly “authentic” […]

Reductions Abound in the $600,000 Price Range: 1013 W. Webster

If you think it’s tough to sell a condo for $450,000- try the $600,000 to $700,000 price range. This is the range where we’ve seen the most price reductions- even in Lincoln Park. 1013 W. Webster #7 in the DePaul neighborhood of Lincoln Park seems to have it all: location, a low assessment and even […]

Selling for a Loss in the Brewster: 2800 N. Pine Grove

We’ve chattered about the historic Brewster, at 2800 N. Pine Grove, in Lakeview before (Charlie Chaplin’s penthouse is still on the market, by the way, and has been reduced another $20k to $565,000. It last sold in 2005 for $545,000). Two other units are currently on the market, a two bedroom and a studio. It looks like both sellers […]

“Time is of the Essence” in Short Sale at 545 W. Brompton

This short sale of a 2 bedroom, 1 bath top floor unit at 545 W. Brompton in Lakeview has been on the market since March 2008. It’s been reduced by $37,000. It doesn’t have parking, but it does have skylights. Here’s the listing: SHORT SALE (SEE NOTES) EXTRA LARGE 2 BEDROOM. GREAT VINTAGE DETAILS, IN […]

Case-Shiller: Chicago Prices down 9.3% from Apr 2007

The S&P/Case-Shiller Home Price Index for April was released this morning. Prices in the top-20 metro areas were down 15.3% from April 2007. Chicago saw less of a drop. From the Tribune: Most of the 20 metro areas posted annual declines, though Chicago managed a slight gain to 150.44, from 150.33. However, Chicago prices are […]

Another Reduction on the Townhouse at 2707 N. Lincoln

We first chattered about this townhouse at 2707 N. Lincoln in Lincoln Park in March 2008. It was reduced in April by $10,000. It’s been reduced again by another $10,000. This is the property that has the pulldown ladder that gets you up to this deck on the roof. Otherwise, there is no other outdoor […]

Sellers Who Aren’t Budging on Price: 1814 N. Lincoln Park West

We last chattered about this Old Town vintage three bedroom last February. And as you can see from the pictures, with lovely snowfall in the yard, the pictures are from the winter as well. But despite sitting on the market for at least six months, the sellers have not budged on price. The unit was listed for $799,000 in […]

Gold Coast Mansion in Foreclosure Auction: 1515 N. State Parkway

Want to buy a gold coast mansion at a foreclosure auction? Now is your chance. 1515 N. State Parkway, an Italianate mansion built in 1906, is going to foreclosure auction this week for the mere price of $3,083,628. That is a reduction from the current asking price of $4.975 million. The mansion has eight bedrooms, 7.5 baths, […]