Archive for November, 2008

Flipper Alert: First Look Inside SoNo: 860 W. Blackhawk

SoNo, the new construction high rise at 860 W. Blackhawk in the Clybourn Corridor, will be closing on units on the lower floors shortly. Currently, there are 17 units on the MLS. It looks like those are all from the developer.  There’s at least one flip on Craigslist. Here’s the listing: Get a STEAL on […]

Short Sale Back on the Market in The Columbian: 1160 S. Michigan

There have been several short sales in The Columbian, the 2007-construction South Loop high rise at 1160 S. Michigan. The building continues to struggle. Current stats out of 220 units: 57 for sale 7 for rent Some units can be both for sale AND for rent. We chattered about Unit #2502 back in May 2008 […]

Another Reduction in 30 W. Oak in the Gold Coast

Remember this 2-bedroom unit in 30 W. Oak, the new modern boutique building in the  Gold Coast? We’ve chattered about it twice now. It’s been on the market since January 2008 and has been reduced $76,000 (plus the seller is now including a $65,000 parking space.) Here’s the listing: SPECTACULAR 2 BEDROOM plus STUDY IN EXCLUSIVE NEW […]

Following the Market Down: 4116 N. Bell in North Center

North Center single family homes are supposed to be in demand, right? That’s what this seller at 4116 N. Bell must have been thinking in 2007 when this house first went on the market. However, it’s been on the market over a year and has been reduced $69,000. Here’s the listing: Unique reverse floor plan […]

What Do You Get Under $600K in Lincoln Park? 2669 N. Greenview

Many of the Lincoln Park townhouses we’ve chattered about have been priced below $500,000. But what do you get under $600,000? This 3-bedroom at 2669 N. Greenview just came on the market at $592,500. Here’s the listing: Tamerlanes best value all for under $600K. This three bedroom/3 bath unit features wonderful roomsizes, neutral decor and all set […]

Another Empty Mansion Waiting for a Buyer: 3757 N. Keeler

How are 10,000-square foot new construction mansions selling in Old Irving Park? We’re about to find out as this new mansion at 3757 N. Keeler just came on the market. Here’s the listing: NOTHING IN CHICAGO COMPARES TO THIS SPECTACULAR HOME ON CORNER 60X171 LOT IN OLD IRVING. UPSCALE W/CLASSIC DESIGN & ARCHITECTURAL DETAILS. 10,000SF OF GREAT […]

Same Building, Different Unit, What Result? 1647 N. Sedgwick

Many of you will remember 1647 N. Sedgwick in Old Town from the summer of 2008. At that time, the third floor unit, with its own private rooftop deck, was on the market. It sold almost instantly. Here’s it’s history: Unit #3: 2 bedrooms, 1 bath, dining room Sold in January 2000 for $220,000 Was listed in June […]

Another Trolley Tour: Visit Developments on the Near North Side

  We’ve chattered about these Sunday trolley tours offered by Rebecca Thomson before and some of you have gone on the tours. From the website: “We carefully guide individuals looking to purchase a new home, investors in the selection of appropriate properties, and owners looking to sell an existing condominium residence. Our customers are those […]

Steals and Deals: 550 N. St. Clair Slashing Prices on All Units

I’ve been waiting for developers to finally throw in the towel and just start cutting prices in order to move product. It’s finally happening now at 550 N. St. Clair in Streeterville. A tipster has informed me that the developer, Sutherland Pearsall Development, is holding  a “private developer closeout” on the remaining available units. They are […]

$89K Price Reduction on Printers Row Loft: 711 S. Dearborn

We last chattered about this 2-bedroom authentic brick and timber loft in The Donohue Building at 711 S. Dearborn in Printers Row in May 2008. Since then, it has been reduced $89,000. Here’s the listing again: This elegant, spacious loft is filled with light–a true jewel steps from the financial heart of Chicago. Located in […]