A 1-bedroom bank-owned unit has appeared in Erie on the Park at 510 W. Erie in River North. A second 1-bedroom unit two floors below is also in short sale. Is the bank-owned unit even a deal? Here’s the listing on the bank-owned unit: GREAT OPPORTUNITY! BANK OWNED! UPGRADED 1 BDRM/OPEN FLOOR PLAN IN FAMOUS LUCIEN LAGRANGE […]
The Chicago Tribune investigates what is going on on the 28th floor of the Daley Center- where foreclosure cases are heard. It’s no surprise to most of us that foreclosures are spiking. We’re seeing it even in the most prestigious high-rise buildings in the city. Cook County’s foreclosure court is so busy with the wreckage […]
This 4-bedroom vintage home at 2028 W. Walton in West Town is one of those that was in the Coldwell Banker 10-Day sale. It has been reduced $149k over the past 6 months. It’s sales history is also illustrative of what has happened to home prices in the West Town neighborhood in the last 15 years. […]
Crain’s first reported on Oct 17 that architect Santiago Calatrava filed a lien against Shelbourne Development, the developer of The Spire, on Oct 8 for $11.3 million. The Tribune also reports that architectural design firm Perkins+Will Inc. filed a lien for about $4.85 million. From the Tribune: A spokeswoman for Irish developer Garrett Kelleher said the […]
There are many buildings that remind me of Paris here in Chicago. Is The Barry, at 3100 N. Sheridan Road, one of them? This 1 bedroom plus den renovated unit says it’s a “maisonette in Paris.” Here’s the listing: Beautiful renovation of high first floor at the Barry. Serene 2 bedroom turned into 1 bedroom plus […]
Flippers continue to close on units thinking they can make a profit flipping them. Some have been lucky- especially in “prestige” buildings such as 340 On the Park. This seller of a 3-bedroom in 600 N. Fairbanks isn’t one of the lucky ones. We’ve seen some 1 and 2-bedroom units flip successfully in the building. […]
The loft building at 825 N. Racine has been lofts for decades which means they are usually larger and have authentic loft features. This 2-bedroom unit has tin ceilings and your own private sauna. Here’s the listing: RARE TRUE LOFT WITH SMASHING DETAILS: ORIGINAL TIN CEILING, ARCHITECURALLY INTERESTING ANGLES, 3 EXPOSURES FOR LOADS OF NATURAL LIGHT, […]
This 2-bedroom unit at 1120 W. Armitage in Lincoln Park has been re-listed 3 times in the last 6 months. Each time, it has been reduced. Here’s the listing: Bright Southern exposure unit in Greystone building. Classic vintage details include: natural woodwork/trim, high ceilings, and hardwood floors throughout. This updated unit has an eat- in kitchen, […]
We return to Wellington in Lakeview to chatter about this new construction single family home at 1334 W. Wellington. It has been on the market off-and-on since 2006 with little price reduction. How many years can developers hold on? Here’s the listing: BEAUTIFUL NEW CONSTRUCTION IN HEART OF LKVW! WALK TO STHPRT CORRIDOR, EL & […]