The Marquee, at 1454 S. Michigan, in the South Loop, started closings in February 2008. Even before the building closed, flippers were listing their units for sale. We discussed some of those in January 2008. The units are all still for sale and most have been reduced. The current stats on the building (closings still continue): 18 for […]
The Chicago Tribune discussed what parts of Chicago real estate are “hot” or “not” in its real estate section on Friday. (This is the article that Steven linked to.) Apparently, no area is truly “hot” but the downtown market is holding up fairly well. Lance Ramella, principal at Meyers Builders Advisors, summed up the sentiment of most […]
You just never know what architectural delight you’ll find in Beverly. A historic Walter Burley Griffin prairie style house just came on the market at 1712 W. 104th Place. The street is actually now named for Walter Burley Griffin, a former office manager of Frank Lloyd Wright and well known for his prairie style houses. […]
In mid-May we chattered about whether or not you can sell FSBO in this market and talked specifically about 735 W. Oakdale Unit #3 in Lakeview. Apparently, with respect to this particular unit, the answer is “no”. The listing has been re-listed at a new, reduced price. Coldwell Banker is now handling the listing. It […]
In Bronzeville, there are a few blocks that make up the Calumet/Giles Prairie District- otherwise known as “The Gap”. The area barely survived the wrecking ball in the 1950s and 1960s. It stretches from the 3100 to 3500 blocks of Calumet, Giles and Prairie Avenues and is made up mostly of vintage rowhouses. 3220 S. Prairie, a […]
Location, location, location! Have you ever walked on North Pine Grove near Diversey and just smiled? There is something nice about the street. 2724 N. Pine Grove is one of the classic vintage courtyard buildings that dot the area. It was built in 1931. Unit #3 is on the market and has had one price […]
The Chicago Spire is apparently 30% sold, according to a press release by the developer. They’ve been criss-crossing the globe marketing the building for the last four months. Apparently, you need to put down a 15% deposit in order to purchase. From the Chicago Tribune: Spire spokeswoman Kim Metcalfe said the sales were achieved in […]
This one bedroom loft, Unit #107, at the Locomobile Lofts at 2000 S. Michigan in Motor Row in the South Loop, just went to foreclosure auction. (We just chattered about a big penthouse unit in this same building last week.) This is the first time I’ve seen the listing agent tell it like it is. This […]