Multi-unit buildings were hot during the boom years. You could buy the whole building, live in one unit and rent out the other. Are they still a popular investment even with the price increases of recent years? Take this 1898 greystone 2-flat at 1524 W. Byron. It’s listed for a price that is what you’d […]
There were a lot of fans of this 1965 mid-century modern Harry Weese-designed duplex condo when we last chattered about it in March 2008. It is still available and has been reduced $5,000. Paul Somers at Jameson Realty has the listing. Unit #T-4: 2 bedrooms, 1.5 baths Sold in August 2004 for $385,000 Was listed in […]
We’ve already chattered about one bank-owned one bedroom unit at the lofts at 300 W. Grand in River North. This 2-bedroom unit just came on the market and the listing says it is in “pre-foreclosure.” Unit #412: 2 bedrooms, 2 baths, no square footage listed Sold in February 2000 for $238,000 Currently listed for $325,000 […]
The Illinois Association of Realtors is out with the June sales numbers for the 9-county Chicagoland area and the full state. There is no City of Chicago specific data. From the Illinois Association of Realtors: Total home sales (which include single-family and condominiums) were up 3.6 percent in June 2008 to 11,643 sales compared to […]
We’re starting to see some small reductions on some of the upper end properties that aren’t selling. These two multi-million dollar condo units on South Michigan Avenue with Grant Park and lake views have both been reduced since we last chattered about them. This full-floor unit at 1142 S. Michigan has been reduced $100k. Unit #5: 2 […]
Remember this spectacular timber and brick one bedroom loft at 531 S. Plymouth in Printers Row? It had a lot of price reductions. But it finally sold. Unit #502: 1 bedroom, 1 bath, 1300 square feet, corner unit Sold in April 2003 for $279,000 Was listed in February 2008 for $364,900 (parking included) Reduced Was listed in March […]
You don’t find many authentic brick and timber loft buildings in Lakeview but the Skybox Lofts, at 920 W. Sheridan, is one of them. Converted in 1995, it has 23 units. Units seem to sell well in the building, as two others have already sold in 2008 for $390,000 and $420,000, respectively. Here’s the listing for Unit […]
Several properties we’ve chattered about on the far north side have been reduced recently. Remember the vintage Rogers Park 3-bedroom unit near the beach at 1056 W. North Shore? It’s still available and has been reduced $15k. Unit #3W: 3 bedrooms, 2 baths, 2200 square feet, 2 car parking Sold in October 2004 for $390,000 […]