Archive for October, 2008

Selling 5 Months Later: 334 W. Menomonee in Old Town

We’ve chattered about this building at 334 W. Menomonee numerous times in the past.  It is a 16-unit conversion in the Historic Triangle. Only a handful of units have sold in the building. Another unit has come on the market only this time it is a re-sale of one of the larger 2-bedroom units. It sold last May […]

$100k Price Reduction in University Commons: 1000 W. 15th St.

Need to sell? Odds are you’re cutting your price. This 3-bedroom duplex up unit at the massive University Commons development at 1000 W. 15th Street on the west side has reduced its price $100k in the last 2 months. Here’s the listing: Huge price reduction. Duplex Up Sun filled 3 Bed 2 Bath loft with […]

Foreclosure Alert: Stresses Grow in 10 E. Ontario in River North

The number of properties heading into trouble in 10 E. Ontario, the American Invsco conversion in River North, is spiking. Will it overtake The Sterling, at 345 N. LaSalle, as the #1 high-rise building for foreclosures in the city? There are approximately 61 units, or 13% of the building, currently under some form of stress  – for example, […]

$150k Reduction in East Lakeview: 652 W. Sheridan

This single family home at 652 W. Sheridan in East Lakeview sold only three years ago. It’s been on the market since April 2008 and has had a $150k price reduction. It’s also available to rent. The vintage home was built in 1903 and has original wainscoting, crown molding, chair rails and coffered ceilings. It’s also […]

Apples to Oranges: Glencoe versus Bucktown

There has been a lot of chatter over the past few months about raising a family in the city of Chicago versus the suburbs. The main topic of conversation has been the schools. But just what CAN you get in the suburbs now that prices are falling? I think you just might be surprised. Who would have thought that […]

Flipper Alert: First Look at 1 E. 8th in the South Loop

It looks like closings have begun in 1 E. 8th, the 91-unit mid-rise building in the South Loop near the Printers Row neighborhood. One 2-bedroom unit, Unit #708, has already come on the market. Here’s the listing: New Construction END UNIT! Largest floor plan in a prime South Loop location! Split 2 bed/2bath condo highly upgraded! Floor-to-ceiling windows […]

Selling 6 Months Later: 2110 W. Roscoe in Roscoe Village

We’ve chattered about how difficult it is to make money if you are selling a year or two after you bought a property. But what about 6 months? Such is the situation for the sellers of this 3-bedroom unit at 2110 W. Roscoe in Roscoe Village. It closed in January and was re-listed in June. […]

A Single Family Home in Fulton Market: 1418 W. Fulton

When you think of trendy Fulton Market area and the West Loop, you think of loft condos not single family homes. This 6-bedroom house at 1418 W. Fulton might make you re-think your impression of that neighborhood. Here’s the listing: One of a kind gallery chic home w/6 bedrooms and a 3 car garage. Located […]

A True Gold Coast Mansion: 1432 N. State Parkway

There are mansions and then there are “real” mansions like 1432 N. State Parkway in the Gold Coast. No matter what anyone says about the “new” construction homes that have gone up during this housing boom, they aren’t building anything even close to a house like this one. 7 bedrooms, 6.5 baths and 9,000 square feet (which includes a […]

How Much For a River West Townhouse? 855 W. Erie

The listings on this complex in River West all say 855 N. Erie– but the public records list it as “west” erie. Either way- this is a complex of townhouses on Erie that was built in 1997. Several are on the market. What is the going rate for this location? Unit #123 has been reduced $30,000 […]