Archive for November, 2008

Trying to Sell Two Years Later in Lakeview: 3300 N. Kenmore

We love townhouses- especially in Lakeview. But this townhouse at 3300 N. Kenmore is tired of waiting for a buyer, so it is now also available to rent. It’s also listed for less than it last sold for in 2006. Here’s the listing: Terrific 2 bedroom plus den/2 bath fee-simple townhouse. Unit features kitchen with […]

Flipper Alert: First Flip Listed in The Legacy: 60 E. Monroe

The Legacy, the new construction high rise at 60 E. Monroe in the Loop, isn’t expected to be completed until Fall of 2009 (at the earliest.) Yet, the first flip has appeared on the MLS for a 1-bedroom unit. Here’s the listing: The Legacy of Millennium Park, overlooking Lake Michigan, Grant Park, and Chicago’s beautiful skyline. Residents […]

Foreclosure Alert: Church-Unit at 2000 Price: 1658 W. Superior

All you lovers of unique spaces- this one is for you. We talked about Unit #10 at 1658 W. Superior in West Town last February. As Kenworthey said:  “That is the coolest thing I have ever seen…” It never sold and was withdrawn from the market. It’s back, bank-owned and listed at the 2000 price. […]

Developer Slashes Prices $100k-$175k at the Wabash Club: 2301 S. Wabash

These townhouses at the Wabash Club at 2301 S. Wabash in the South Loop have been marketed for several years. The developer apparently has 3 units left and is cutting prices by $100k to $175k. Here’s the listing: BUILDER CLOSEOUT AT WABASH CLUB! $100,000-$175,000 PRICE REDUCTION ON FINAL 3 UNITS.PRIME 2 BR.+ DEN,2 BA.,CORNER TOWNHOME […]

Tennis Anyone? 4819 S. Greenwood in Kenwood

I don’t know if this 1913 Georgian home is within President-Elect Obama’s security “cone” in Kenwood (which has its own pros and cons, of course)- but either way, it looks like you’d have some privacy. Not only do you get 8 fireplaces but there are apparently tennis courts.  I can’t tell from the listing if these are […]

Vintage Greystone Beauty in Andersonville: 5336 N. Glenwood

How popular is the vintage single family home in Andersonville in this market? We’re about to find out as this renovated 1905 greystone has hit the market at 5336 N. Glenwood. Here’s the listing: CLASSIC CHICAGO GREYSTONE RENOVATED TO PERFECTION IN 2000 IN HEART OF ANDERSONVILLE. FOUR BEDROOMS (ONE USED AS A LIBRARY), MASTER HAS […]

Another McMansion Under Stress at 730 W. Melrose in Lakeview

We’ve chattered about several new construction million dollar single family homes that have been in short sale or in foreclosure. This 5-bedroom new home at 730 W. Melrose in Lakeview can be added to the list of McMansions under stress. It is currently in short sale. A lis pendens was filed in October 2008. Here’s […]

Following the Market Down in The Columbian: 1160 S. Michigan

We’ve chattered about this million dollar flip in The Columbian, at 1160 S. Michigan in the South Loop, a couple of times. The price simply seems to be following the market lower. It’s now been reduced by $455,000 since December 2007. Here’s the listing again: Spec Pnths at The Columbian. Excptnl flr pln w/ 9’6′ ceiling, […]

Flipper Alert: Selling for the Same Price in Hyde Park: 5346 S. Cornell

The Silver Cloud, a new conversion building at 5346 S. Cornell, in Hyde Park, has been selling units since 2007. From what I can tell, 31 out of 72 units have closed. Current stats on the building (out of 72 units): 12 for sale 4 for rent Some units may be both for sale AND […]

We Still Love The Porch: 847 W. Bradley in Lakeview

We last chattered about this 3-bedroom unit at 847 W. Bradley in Lakeview in July. We’re still lusting after the great front porch. It’s been reduced another $22,500. Here’s the listing again: SENSATIONAL HOME WITH EXQUISITE DETAILS & SUPERB FINISHES IN QUALITY GVP BUILDING SITUATED ON 43′ LOT. FANTASTIC WIDE LAYOUT & GRACIOUS ROOM SIZES. […]