Archive for October, 2008

Must Sell Fast? 4 Months Later and Still Available: 1318 N. LaSalle

If you need to sell fast, does that mean you’re aggressive on the price? This renovated 9200 square foot mansion at 1318 N. LaSalle in the Gold Coast has been on the market since March 2007. It was reduced in July 2008 by $950,000 but is still holding at that price. Here’s the listing: DEVELOPER MUST […]

Gold Coast Coach House Reduced Another $30K: 1234 N. Dearborn

Our favorite Gold Coast coach house at 1234 N. Dearborn is STILL available and it’s been reduced another $30k. This is a foreclosure and went back to the bank months ago. Just to refresh your memories, here is the listing: Coach House Part Of An Assoc. Great Investment/ Property Being Sold In ”as-is” Condition/ No Survey Nor […]

Want Something Unique? The Fisher Apartments at 1209 N. State Parkway

This 2-bedroom duplex unit in the Frank Fisher Apartments at 1209 N. State Parkway in the Gold Coast is unlike anything you’ve ever seen before. The unit also includes a rare parking space (there are only two with the building, both belonging to the two 2-bedroom units in the small building.) And no, I don’t know […]

Million Dollar Homes Everywhere: 2435 W. Erie

We’ve chattered about how there seems to be million dollar homes in every corner of the city. It has become almost commonplace. Take this new construction home at 2435 W. Erie in West Town near Smith Park. It’s been on the market a little over 2 months and has had one price reduction. How long […]

“Priced to Sell” by Reducing: 1801 W. Diversey in Lincoln Park

Townhouses are popular “move-up” properties for many people. But this 3-bedroom townhouse at 1801 W. Diversey Parkway in Lincoln Park has been on and off the market in recent months. It was just re-listed with a $29,900 price reduction. Here’s the listing: LINCOLN PARK TOWNHOME W/ ATTACHED GARAGE IN GATED COMMUNITY UNIT NOT ON DIVERSEY! […]

Further Reduction for this Motor Row Loft: 2000 S. Michigan

We’ve chattered about this pretty loft at 2000 S. Michigan in Motor Row in the South Loop several times over the last few months. It has been reduced again. Here’s the listing: Locomobile Lofts! Converted car dealership dating to the earliest days of the automobile in Chicago. Truly unique. History lives in a one of […]

We Love Authentic Lofts (with a Terrace): 1322 S. Wabash

There’s something cool about duplex lofts. Maybe it’s the tall ceilings and the second level which gives the unit a sense of space. This 2-bedroom loft at 1322 S. Wabash in the South Loop is both a duplex AND has a large private terrace. Here’s the listing: One of a kind loft! Beautiful 1st and 2nd […]

It’s Back and Reduced Again: 6030 N. Sheridan

Our favorite penthouse at 6030 N. Sheridan is still on the market after it fell out of contract during the summer. And it’s been reduced another $100k. Remember the listing: Stunning 3 bed 3.5 bath PH unit with a private 1000 sq ft deck over looking the lake! Over 2600 sq ft floor plan with […]

Market Conditions: St. Clair at Cityfront Plaza is Canceled

Several of you have e-mailed me with the news that the St. Clair at Cityfront Plaza, phase 2 of the Cityfront development in Streeterville, has been canceled. Crain’s is now confirming it. Developer Centrum Properties Inc. has killed a proposed 41-story condominium building in Streeterville, selling the site to North Shore developer David Hovey, who […]

$200k Reduction in Elm Tower: 1155 N. Dearborn

We are beginning to see cracks of stress in even the most prestigious areas of the city. Take this 2-bedroom unit at 1155 N. Dearborn, or Elm Tower, in the Gold Coast. It has been on the market for over a year and has been reduced $200k. And still- no sale. Elm Tower was built in […]