Archive for July, 2008

We Love Authentic Lofts: 11 N. Green in the West Loop

The West Loop has some of the most authentic lofts in the city, especially in buildings that were converted a decade ago. 11 N. Green is an 11-unit brick and timber building that’s within a short stroll to the restaurants on Randolph Street. This 3-bedroom duplex unit has 17-foot high ceilings. Maria Sabatini at Rubloff has the listing. […]

Gold Coast Location Without the Gold Coast Price: 30 E. Elm

Maybe you just want to be near Rush Street, Oak Street Beach and shopping but don’t have millions to spend? This 2/2 in 30 E. Elm could be for you. This one has a renovated kitchen. From the listing: BEST PRICED GOLD COAST 2BR/2BA WITH BALCONY! STEPS TO THE LAKE. TOTALLY NEW KITCHEN W/STAINLESS APPLIANCES […]

Prices Continue to Fall in River City: 800 S. Wells

We last chattered about River City, the American Invsco conversion at 800 S. Wells in the South Loop, in March 2008.  At that time, foreclosures were selling at 55% off prior sales prices. Were buyers who bought the 3-bedroom duplexes in the last year a bit too early? What about buying now? Prices have continued to […]

Wicker Park Duplex with Secret Staircase: 1530 N. Paulina

If you weren’t paying attention, you might not realize that this 3-bedroom unit at 1530 N. Paulina in Wicker Park is a duplex. Because there’s a secret staircase in the floor that gets you to the duplex part of the unit. Here’s the listing: Stately vintage on the outside with chic style and modern convenience on […]

$600k Reduction on South Loop Townhouse: 232 E. 14th

Remember this luxury South Loop townhouse at 232 E. 14th Street? We chattered about it in December 2007. It is still on the market and has been reduced by $600,000. Cynthia Bauer at Sudler Sotheby’s has the listing. 232 E. 14th, Unit #1E: 4 bedrooms, 2 full and 2 half baths, 4400 square feet Sold in […]

Want Space? Head to Rogers Park: 7355 N. Seeley

There are lots of new conversions in Rogers Park right now but this one at 7355 N. Seeley caught my eye. The 3-unit building has great windows. Currently, there are two units on the market including a 4 bedroom, 3 bath that is 3400 square feet. This is the smaller three bedroom unit: Barbara O’Connor […]

Foreclosure Alert: Reduction on Heritage Foreclosure: 130 N. Garland

  We chattered about this one bedroom foreclosure in The Heritage, at 130 N. Garland, in the Loop in June 2008. It had gone under contract almost right away when it was listed but fell out of contract. The bank has since reduced it further. Frank DeNOVI at Coldwell Banker has the listing. Unit #2410: 1 […]

North Versus South: Living On Seeley

There are those that live and breathe the North Side and those that live and breathe the South Side of the city- and no, I’m not talking about Cubs and White Sox fans. These two houses are on the same street at opposite ends of Chicago. And they couldn’t be further apart. Or are they? First, on […]

Crain’s: Flippers Undercutting The Donald on Pricing in Trump Tower

Trump Tower Chicago flippers are apparently undercutting Donald Trump’s pricing on unsold units in Trump Tower, according to Crain’s. The article addresses the condo/hotel units, which we’ve chattered about before. Trump Tower remains only about 70% sold and has been at that sales level for at least a year. From Crain’s: At least 34 hotel […]

Under Contract: 1445 N. Wells in Old Town

We chattered about Unit #2 in 1445 N. Wells in January 2008. Old Town, especially on Wells Street, was “hot” last winter. It has had several price reductions since then. But it’s now under contract. Maybe things have cooled in Old Town? Mary Robbins at Baird & Warner has the listing. The building only has 3 units and […]