Archive for September, 2008

Selling 2 Years Later: 1862 N. Halsted in Lincoln Park

This seller at 1862 N. Halsted in Lincoln Park isn’t looking to make much profit on a purchase in 2006. What will this unit ultimately sell for?  It seems to have all the positive Lincoln Park attributes, including parking and a nice private deck. It has been listed for nearly 2 months. Here’s the listing: Top […]

Foreclosure Alert: Cheap 2/2 Puts on the Pressure: 635 N. Dearborn

Someone posted a comment about this 2-bedroom foreclosure, Unit #2206, in The Caravel, at 635 N. Dearborn, in the heart of River North about 10 days ago. I didn’t chatter about it because I figured it would sell quickly given the price. It is one of the medium-sized 2-bedroom units in the building at 1225 square […]

Foreclosure Alert: 6100 N. Hermitage in Edgewater

As the housing market boomed, so did the Edgewater neighborhood as condos sprang up on every block. 6100 N. Hermitage, a 4-unit building, in Edgewater was completed in 2004. This penthouse unit is going to foreclosure auction this week but is currently on the market. Here’s the listing: 18 MONTH OLD PENTHOUSE, FULLY UPGRADED ON 37X162 LOT! […]

Looking for Buyers in Lincoln Park: 2239.5 N. Lincoln

Why do some properties sell right away and others stay on the markets for months? 2239.5 N. Lincoln in Lincoln Park was a new conversion in 2005.  This top floor 2-bedroom penthouse unit has been on the market since March and has had several price reductions. Here’s the listing: Dramatic light flooded 2 bedrom/2 bath […]

Greystone Vintage Beauty in Wicker Park: 2152 W. Caton

The basic greystone never goes out of style and Chicago is blessed to have many of them. This greystone at 2152 W. Caton in Wicker Park was built in 1891 and, the listing says, recently rehabbed. Here’s the listing: EXQUISITE REHAB BY RENOWNED ARCHITECT OF 1891 NATIONAL LANDMARK HOME IN HISTORIC WICKER PK! ORIG GREYSTONE […]

Does “short sale” lure you in? 2533 N. Greenview in Lincoln Park

I stumbled across this single family house at 2533 N. Greenview in Lincoln Park on Craigslist. The Craigslist ad says it is a “short sale”. Here is the Craigslist ad: ****SHORT SALE*** Beautifully rehabbed 3 story home with 5 bdrms and 3 full & 2 half baths. 3,000 sq ft, PLUS full finished basement. Home features […]

Stresses in Park Tower: 5415 N. Sheridan in Edgewater

  The Park Tower, at 5415 N. Sheridan, is a massive condominium building built in 1972 with uninterrupted views of Lake Michigan. It is located across from Edgewater Beach. Recently there have been a string of foreclosures and short sales in the building. However, it’s a huge building. Current stats (out of around 730 units): 38 […]

It’s That Time of Year: Fall Home Tours

The Chicago Tribune listed several neighborhood home tours that take place in the fall that many of you may find of interest. The granddaddy of them all is the Annual Historic Pullman House Tour. This is the Pullman Foundation’s 35th year. Dates: October 11-12 Hours: 11 am to 5 pm Cost: $20 at the door, $17 […]

Johnny Depp Was Here: 1414 N. Wells in Old Town

Do you care who owned a property before you? Does it matter if it was Charlie Chaplin’s penthouse? Or if Johnny Depp once set foot on the property? This 2-bedroom condo at 1414 N. Wells in Old Town may look familiar to some of you as it was featured in the Chicago Tribune Magazine a […]

Foreclosure Alert: 3920 N. Sheridan in Lakeview

As we’ve already chattered about, a lot of the foreclosures are appearing in relatively new construction buildings and conversions. Unit #309 in Lakeview Station, a 2006-built 33-unit building north of Wrigley Field at 3920 N. Sheridan, is scheduled for foreclosure auction this week. It is not currently on the market, so there are no pictures […]