Archive for September, 2008

Update on The Regatta: A Sale and Rentals at 420 E. Waterside

We last chattered about The Regatta, at 420 E. Waterside, in Lakeshore East in March 2008. At the time, a 2-bedroom unit had been reduced $75,000. Apparently, the reduction worked because that unit, #1108, was one of the few that have sold in the building this year. Unit #1108: 2 bedrooms, 2.5 baths, 1500 square feet Sold […]

334 W. Menomonee Units Come Back on the Market in Old Town

We’ve chattered about 334 W. Menomeee in Old Town several times. It is the 16-unit historic conversion by Melrose Partners located in a prime location in the middle of Old Town’s historic triangle. I believe only 4 out of 16 units have sold since sales began in 2007. Many others have been rented out. But several recently […]

Townhouses Under $500,000 in Lincoln Park: 1812 N. Bissell

We’ve chattered about “affordable” townhouses in both Lincoln Park and Lakeview. This corner 2-bedroom townhouse at 1812 N. Bissell in Lincoln Park is priced just under $500,000. Here’s the listing: Beautiful corner townhome in excellent condition. Home boasts cathedral ceilings, espresso stained hrdwd flrs, tons of windows w/high-end plantation shutters throughout. Updated kitchen w/42 cherry […]

In the Market for a Lakeview Townhouse: 1207 W. Fletcher

Townhouses are a popular choice in Lakeview because they are usually cheaper than the single family home market there. This townhouse at 1207 W. Fletcher doesn’t really qualify in the “cheaper” category. Though it is a larger 4-bedroom, which normally you don’t see in a townhouse. Is this a single family home alternative? Here’s the […]

Market Conditions: Lincoln Park Sales Volume is Down

The Chicago Tribune profiles Lincoln Park this week in its “Community Intelligence” article in the Real Estate section. It includes some information on the market conditions in the neighborhood. While sales volume is down and property sits on the market longer, values are still rising, said Jim Kinney, president of Rubloff Residential Properties. Units on […]

Are All Penthouses Created Equal? 701 S. Wells

Wells Street Tower, at 701 S. Wells, in Printers Row was the first new building to be built in that part of the South Loop in over a decade when it closed in 2002. For awhile, it was the only new construction in the neighborhood. The building was not marketed as luxury but that doesn’t mean […]

Want a Project? Lake and Lincoln Park Views for $250k: 2440 N. Lakeview

This 2-bedroom unit in 2440 N. Lakeview in Lincoln Park, a 1927 vintage co-op building, doesn’t try to be something it’s not. The listing lays it all out. What kind of vision do you have? RESTORE THIS GRAND APARTMENT! THIS ELEGANT, SPACIOUS 12TH FLR 2BR/2BA ON LINCOLN PARK OFFERS A BLANK SLATE FOR YOUR DESIGNER! DONT PAY TWICE […]

Update on Old Town Properties: A Sale and A Reduction

The Harry Weese designed duplex we first chattered about in March 2008 at 235 W. Eugenie is still available and has been reduced for the second time. Paul Somers at Jameson Real Estate has the listing. See more pictures here. Unit #T-4: 2 bedrooms, 1.5 baths Sold in August 2004 for $385,000 Was listed in March […]

Location and a Rooftop Pool in Streeterville: 230 E. Ontario

With the recent hot weather, who doesn’t dream of lounging by the pool? In Streeterville, there are several buildings (both apartments and condos) that have rooftop pools. 230 E. Ontario is one that has a outdoor pool and, from the pictures, a very nice workout room. The building was built in 1969. The 1-bedroom units […]

$130K Reduction in Irving Park: 4251 N. Mozart

This small building at 4251 N. Mozart is a new construction conversion in Irving Park, just south of the Ravenswood neighborhood. A duplex down first floor unit has been on the market since April 2007. It’s been reduced several times and is now priced at $130k less than a year and a half ago. Will […]