Archive for October, 2008

Selling Under the 2006 Price: 925 W. Fullerton in Lincoln Park

If you bought within the last 2-years and have to sell now, it’s tough to make any profit. Just ask the sellers of this 1890s home at 925 W. Fullerton in a landmark district in Lincoln Park. It is listed for $86,000 less than the 2006 purchase price. Is the lack of parking hurting this home? (Apparently, […]

Flipper Alert: What’s a 1-Bedroom Condo Like in Trump Tower?

There’s been so much hype about Trump Tower Chicago, at 401 N. Wabash in River North, you’d think the sinks were made out of gold. But, alas, the sinks (and kitchens) look pretty much like every other luxury 1-bedroom condo in the city. Here are some pictures from a west facing 938 square foot 1-bedroom […]

Why Isn’t This Selling? 626 W. Belden in Lincoln Park

Greystones are popular, especially ones with all of the trappings such as parking, central air and new kitchens and baths. This 3-bedroom unit at 626 W. Belden in Lincoln Park has all of that. It even has a cozy balcony off the front of the unit where you could sip your morning coffee. It’s been on the […]

Reduction on Secret Terrace Loft: 411 S. Sangamon in the West Loop

We chattered about this 2400-square foot authentic loft at 411 S. Sangamon in the West Loop in early August. It is still on the market and has been reduced $69,000, although in the prior listing the parking was included and now it’s $20k extra. So the “true” reduction is only $49,000. Here’s the listing again: […]

Selling 22 Years Later in Old Town: 327 W. Eugenie

This brick townhouse at 327 W. Eugenie in Old Town was built in 1971. If you like Old Town, this is in a fantastic location. It is right near the Historic Triangle and the restaurants/shops on Wells Street. This seller bought in 1986, when the neighborhood was just a tad different. Here’s the listing: OLD TOWN! FAB […]

Selling Under the 2006 Price: 4641 N. Wolcott in Lincoln Square

We’re starting to see some properties price below boom-era levels. Take this 4-bedroom 2006 construction single family home at 4641 N. Wolcott in Lincoln Square. It is currently listed $287,000 under what it last sold for in 2006. Here’s the listing: Exceptional Lincoln Square custom built home on over-sized lot. Exotic Brazilian walnut floor, custom […]

Update on the Tuscan Villa in Lakeview: 2965 N. Sheridan

We’ve chattered about the Tuscan Villa at 2965 N. Sheridan in Lakeview several times. It was first on the market a year ago but re-appeared this summer. A lis pendens was filed on the property in September. Here’s the listing again: Luxury living w/sophisticated ambience steps from park & lake. One-of-a-kind 4BR/4.5BA offers 4,600 s.f. […]

Short Sale Pushes Price Below 2001: 1371 N. Mohawk in Old Town

This 3-bedroom unit at 1371 N. Mohawk in Old Town is in short sale but a lis pendens was also recently filed against it. The current short sale price is already $45k below what the unit sold for in 2001. Here’s the listing: Offer Subject To Lender’s Final Approval. Rarely Avbl. Top Flr Bi-level In […]

What Would You Pay for a 1-Bedroom? 60 W. Erie in River North

1-bedroom units are popular starter condos, especially in River North and Streeterville. This 1-bedroom with den at 60 W. Erie in River North is larger than most. It’s also quite a bit pricier. What would you pay for that 1-bedroom condo? Here’s the listing: Lucien Lagrange, exclusive 24 unit building at the cross roads of […]

We Love Authentic Lofts: 215 W. Illinois in River North

The Anchor Lofts, at 215 W. Illinois, was one of the first buildings to be converted in River North nearly 2 decades ago. This 2-bedroom unit has a lot of the features of authentic lofts including high ceilings and open spaces. Here’s the listing: RARE OFFERING IN THE UNIQUE ANCHOR LOFTS. DRAMATIC BRIGHT SPACE W/2 […]