Archive for November, 2008

Still Waiting for a Buyer at 506 W. Armitage in Lincoln Park

When we last chattered about this 2-bedroom vintage unit at 506 W. Armitage in Lincoln Park in August 2008, it was under contract. But that fell through and it’s still on the market. It was recently reduced $7,000. Here’s the listing: Vintage two bedroom in the heart of Lincoln Park with oversized South facing windows […]

Foreclosure Alert: Fire Sale at 928 W. Eastwood in Uptown

In May 2008, we chattered about this 8-unit conversion building at 928 W. Eastwood in Uptown which had numerous units in short sale. At that time, it appeared that some of the units were still in various stages of construction as well. Two units, Unit #1W and #1E, went into foreclosure and are now bank-owned. They’re being […]

Paris in the 1920s? 50 W. Schiller in the Gold Coast

There is something unique about 50 W. Schiller in the Gold Coast. No two units are alike. This 2-bedroom duplex has been renovated. Here’s the listing: Exquisitely detailed, sophisticated & impeccably restored Andrew Roberi coop: Two bedrooms & small office area , 2 baths. Feels like Paris in the 20’s ! Kitchen has thermadore oven, Gaggenau […]

Foreclosure Alert: Stresses Appearing in the Loop: 125 S. Jefferson

The Park Alexandria, at 125 S. Jefferson, on the west side of the Loop (some might consider that area to be the west loop) was built in 2003 as part of the continuing downtown residential renaissance. One 2-bedroom has gone to foreclosure and is now back on the market as a bank-owned property. Is this even a […]

Market Conditions: Chicago 3Q Sales Fall 23.3%

It should come as no surprise that Chicago third-quarter home sales continued to slide (as each of the monthly reports during the quarter showed slowing sales). From Crain’s: In the city of Chicago, third quarter-sales were down 23.3 percent, to 5,958 units, from 7,769 in last year’s third quarter. The median price of a city home […]

We Love Authentic Lofts: More Reductions in 711 S. Dearborn

Prices are coming down in The Donohue, at 711 S. Dearborn, in Printers Row. There has been another $20,000 reduction on Unit #505 (we chattered about it only last week.) Unit #602, which we chattered about last September, has also been reduced $5,000. Here’s the update on Unit #505 again:   Urban Search Chicago has […]

We Love Terraces: 559 W. Surf in Lakeview

What if you could live in a vintage building AND have your own private outdoor space? You can find it in a recently listed 1-bedroom at The Green Brier at 559 W. Surf in Lakeview. Here’s the listing: Sunny Penthouse Unit At The Greenbriar! Rarely Available On This Level, This Home Features Expansive Living Space […]

Foreclosure Alert: Further Price Erosion in 2000 Lincoln Park West

We’ve chattered several times about the short sales and foreclosures in 2000 Lincoln Park West, a vintage apartment building that was converted into condos in 2004-2005, and which sits across the street from the Lincoln Park Zoo. Just as a refresher, the units do not have central air, no washer/dryers and there is no deeded parking […]

Price Reduction for Southport 1-Bedroom: 1148 W. Roscoe

We just chattered about this 1-bedroom at 1148 W. Roscoe in Southport in October. It’s now been reduced $15,500. Here’s part of the listing again: Trying to find a one bedroom in the Lakeview/Southport Corridor/Wrigleyville areas with newer finishes, great space & parking? That can be extremely difficult since not many new one bedrooms are built […]

We Love Conservatories: 638 W. Oakdale in Lakeview

Sometimes there are just cool features to a property that are unique. Such is the case with this vintage single family home at 638 W. Oakdale in Lakeview that has an “english conservatory” attached to the back. Here’s the listing: Exquisite renovation of 1882 Chicago greystone on 28′ lot. Original vintage features combined with 21st century kitchen, bathrooms and […]