Archive for June, 2008

Mansion on the Boulevard: 2954 W. Logan Boulevard

The housing boom has rejuvenated the Boulevard System around the city.   The Logan Square area was originally part of the Boulevard system. From the Logan Square Preservation Society: In 1985, Logan Square Preservation convinced the U.S. Department of the Interior to designate the best-preserved 2 1/2 mile segment of the original boulevard system in Logan […]

Flipper Alert: “All Offers Considered” in the Chess Lofts: 320 E. 21st

I chattered about the Chess Lofts, at 320 E. 21st in the South Loop, a few months ago.  It is a brick and concrete loft building that was converted in 2007. The developer is still trying to sell units in the building and is offering “multiple incentives.” Current building stats: 8 for sale 6 for […]

Crain’s: Cityfront Plaza Condo/Hotel Tower Plan in Streeterville

What market downturn? Crain’s is reporting that a North Shore developer has a tentative agreement to purchase land in Centrum’s Cityfront Plaza development for a possible 50-story hotel/condo high rise. From Crain’s: David Hovey, president of Glencoe-based Optima Inc., has a tentative deal to buy a site just north of NBC Tower, 455 N. Cityfront […]

How Low Will Prices Go? 50% Off in Edgewater: 1717 W. Granville

It wasn’t just condos that soared in price the last few years. All over the city, single family home prices sometimes doubled, tripled, or more. Question is: what is the “true” market for single family homes now that the market is correcting? Take 1717 W. Granville in Edgewater. It’s a 4 bedroom, 1.5 bath house with […]

Jackson Park Highlands Beauty: 6916 S. Bennett

The Jackson Park Highlands Historic District is a collection of historic homes on several blocks on the South Side, just south of Hyde Park near the lakefront and the Museum of Science and Industry, that was first laid out in 1905. The homes are all of varying styles with an alley system that provides garages.  […]

Flipper Alert: Two Bedrooms Under $500k in ParkView at 505 N. McClurg

Why are investors who intend to flip their units closing on them in the new construction condo towers? Only they know. But it wouldn’t seem to make financial sense. Take these two units on the market in the new Streeterville highrise, ParkView at 505 N. McClurg. Closings just started in the building. It was only about […]

Steal and Deals: A Two Bedroom in the Heart of River North at 630 N. State

A lot of people are eager to get into the latest new building in River North or Streeterville.  But what about the buildings that were built in the last decade? Some of them are in great locations right near the Mag Mile, restaurants and clubs. 630 N. State is one of them. The 27-story building […]

A Historic Rowhouse for Less than $175k in Pullman: 11310 S. Champlain

There is no larger collection of historic rowhouses in Chicago than that in the Pullman neighborhood. 11310 S. Champlain was built in 1883 and, according to the listing, was the former home of Pullman Strike Organizer Jennie Curtis. The kitchen has been remodeled. Garages can be added in the backyard (there is an alley system […]

Get Your River North Three Bedroom for Under $500k in 421 W. Huron

Want a three bedroom unit in River North for under $500,000? Look no further than Huron Pointe at  421 W. Huron. Built in 2001, it has 99 units. Three three bedrooms, or two bedrooms with den if you prefer, are on the market for under $500,000. Unit #1201 just went to foreclosure auction but the seller was […]

Update on 600 N. Fairbanks: Unit #1301 Under Contract

We’ve chattered a lot about Unit #1301 in 600 N. Fairbanks. It is the lowest level three bedroom, two bath. It has finally gone under contract after six months on the market and numerous price reductions. Here is the history: Unit #1301: 3 bedrooms, 2.5 baths, 1746 square feet Sold in November 2007 for $805,000 […]