More foreclosures are appearing in The New York, the conversion building at 3660 N. Lake Shore Drive in Lakeview. Unit #3201 is bank-owned and is now listed about 47% below its prior sales price in 2006. Here’s the listing: DYNAMITE FORECLOSURE 2 BEDROOM 2 BATH W/2 BALCONIES OVERLOOKING LAKE AND DOWNTOWN. ASSESSMENTS INCLUDES HEAT/AC, GARAGE […]
We have chattered extensively about Unit #1301 in 600 N. Fairbanks in Streeterville. The 3-bedroom unit was on the market for months, had numerous price reductions, went under contract and finally sold. It has set a new comp for the 01-tier units in the building. Or has it? Mysteriously, it is back on the market […]
This three story townhouse at 5833 N. Sheridan in Edgewater is now bank-owned. It is listed for $201,000 less than the last sale in 2004. But it’s also listed for less than it sold for in 2000. What’s this property really worth? Here’s the listing: ENJOY LAKE VIEWS FROM AN EXCEPTIONAL 3 LEVEL HOME IN PRIVATE […]
The Chicago Tribune highlights Streeterville in its Friday Home section. (It does a different neighborhood or city every week.) Prices in the neighborhood: In the northern tier, with its wide array of older stock from classic to modernist, condos of all sizes sold for an average of $801,875 in the second quarter. In the mid-section, […]
Imagine if they built this greystone at 4431 N. Paulina in Ravenswood today? What would it cost to build these units with beamed ceilings and built in dining room cabinets? This 3-bedroom unit has built-ins galore but an updated kitchen that proves you can still have vintage with the modern amenities. It also has two […]
The listing for this 2-bedroom townhouse at 1938 S. Prairie in the South Loop simply lays it out there: “Priced below original purchase price — owner relocating!” But from the sales info, it appears that there hasn’t been much appreciation in the property in a couple of years. South Loop townhouses have been hot the last 5 […]
We love cool lofts and what is better than one with a secret terrace? That’s what you’ll find in this huge 4-bedroom loft at 411 S. Sangamon in the West Loop. The 600 square foot terrace has a built in grill/sink/refrigerator and custom lighting. My question is: how do you protect the refrigerator etc. in the […]
We last chattered about MoMo, at 8 E. Randolph, or, as it’s now called, “The Joffrey Residences”, after the Joffrey Ballet that is in the building, in March 2008. Why didn’t the developer just call it The Joffrey Residences in the beginning? To me, it will always be MoMo. Current stats on the building (out of […]
It’s not often you find a spacious 2/2 in East Lakeview with parking for under $300,000 but there’s one on the market at 3110 N. Sheridan. The listing says it’s an “unbelieveable value.” Is it? It apparently was a one bedroom that was combined with a studio unit. Hence, the very large bedroom sizes: Bedroom 1: […]