Despite the recent housing boom, do some Chicago neighborhoods still offer opportunities? Back of the Yards is a neighborhood on the Southwest Side near Bridgeport and McKinley Park. These lofts at 4807 S. Ashland are in an old department store that was converted in 2005. Will artists, writers and other creative types do for Back of the […]
We’ve chattered about The Bristol, at 57 E. Delaware, in the Gold Coast before. Some units in the building have had problems re-selling in the last few years because of the construction of a high rise directly to the south of the building on Chestnut that blocked views. Current stats on the building (out of […]
There are some lovely vintage properties in the Edgewater and Andersonville neighborhoods. 5812 N. Magnolia in the Magnolia Glen neighborhood of Edgewater is one of those properties. It was built in 1912, has a dining room and a sunroom, as well as parking and outdoor space. I doubt we’ll be talking about how long this unit […]
We chattered about a foreclosure in 1735 W. Diversey in Lincoln Park in November 2007. The foreclosure was a two bedroom, two bath penthouse unit. Unit #608: 2 bedrooms, 2 baths Sold in October 2000 for $206,500 Sold in May 2003 for $314,900 Foreclosure auction price of $504,725 in November 2007 Has not yet come back on […]
1250 S. Indiana is a 168 unit 2005-constructed building in the South Loop just behind One Museum Park. It has a good location, for those who want to be near Grant Park and Roosevelt Road’s transportation options. The building wasn’t built as a “luxury” building. Many of the two bedroom units are on the smaller side (under […]
474 N. Lake Shore Drive is a 550-unit building in Streeterville right on Lake Shore Drive with stunning views of the lake and the skyline. Built in 1991 as an apartment building, it was converted into condos in the last several years. In fact, the developer is still selling units. The building offers deeded parking […]
Here’s an update on a few properties we’ve recently chattered about: 1647 N. Sedgwick in Old Town went under contract within a week of listing in June. But it fell out of contract and is still on the market a month after it was first listed. Unit #3: 2 bedrooms, 1 bath, dining room, private rooftop […]
We’ve chattered about 2000 N. Lincoln Park West in Lincoln Park several times before. It is a vintage building on Lincoln Park that was converted into condos in 2004-2005. There were several short sale units in the building. Now, the foreclosures are beginning and the banks are discounting the properties quite severely. Three “14” tier one bedroom units are on […]
550 St. Clair in Streeterville started closings in February 2008. Closings continue in the building. The developer is also still trying to sell units. The current building stats (out of 112 units): 18 for sale 1 for rent The two bedroom that I chattered about in February and again in April is still available and […]