Archive for December, 2008

Crib Chatter Holiday Schedule

With the holidays upon us, Crib Chatter will be adopting the following holiday schedule: Christmas/Hanukkah Week: Dec 22-24: Normal Schedule Dec 25-26: No New Posts New Years Week Dec 29-31: Normal Schedule Jan 1-2: No New Posts I will also be providing updates on 2008 properties throughout the two weeks. Additionally, look for posts about what […]

After 3 Years, It Sells for Under 2000 Price: 190 E. Walton in the Gold Coast

No- there’s nothing wrong with the building or the unit (from what tipsters who have been in both have told me.) After 3 years off and on the market, Unit #202 in the small, boutique building The Regent, at 190 E. Walton in the Gold Coast, has finally sold. It sold for $55,000 less than the 2000 […]

Want to Be a Real Estate Mogul? 3816 S. Emerald in Bridgeport

We often chatter about buying properties as “investments” and look mainly at rehabbed or new construction 1 or 2-bedroom condos. But maybe investors should start with a property like this 2-flat at 3816 S. Emerald in Bridgeport. Built in 1888, the property has 4 bedrooms, 2 baths and 2 parking spaces. Can an investor make this property work […]

8 Months Later and Still Waiting: 1104 W. Montana in Lincoln Park

We chattered about this cute vintage 1-bedroom condo at 1104 W.  Montana in Lincoln Park in May 2008. It is still on the market- but has been reduced by $11,000. The owner has posted a Craigslist ad which reads “Owner is welcoming all offers. Short sale possible. ” Here’s it’s history: Unit #2: 1 bedroom, […]

Lis Pendens Filed on 170 W. Eugenie in Old Town

We just chattered about this renovated vintage single family home in Old Town at 170 W. Eugenie in November. A lis pendens has now been filed on the property (by JPMorgan Chase.) Here’s its history again: 170 W. Eugenie: 5 bedrooms, 5.5 baths, built in 1891, no square footage listed Sold in January 1988 for $227,000 […]

An “Affordable” Single Family Home in Lakeview? 3729 N. Hermitage

We’ve chattered a lot about the glut of million dollar single family homes on the North Side. But what about those that appear to be “affordable”? This 3-bedroom home at 3729 N. Hermitage in Lakeview has been on the market since June 2008. It seems to have it all: location, a 2-car garage, and central […]

Selling for Less than 2005 Prices: 931 N. Howe in River North

This 3-bedroom townhouse at 931 N. Howe in River North is listed on the MLS and Craigslist.  The seller is “motivated.” The price was just reduced $27,400. The Craigslist ad states “OWNER WILL CONSIDER PARTIAL PROPERTY TRADE IN SURROUNDING AREAS FOR UNDER $300k. ” The Craigslist ad also states that after the tenant moves out, the owner will refinish the […]

Back to the Future in the South Loop: 41 E. 8th

We haven’t yet chattered about 41 E. 8th, a 2002 new construction high rise in the South Loop. The Craigslist ad for this 2-bedroom unit says it’s an “awesome opportunity” and that the seller is “motivated.” It also lists the price as $365,000 plus $35k for parking. In the realtor listing, the price is listed as $380,000 […]

Buying the Views: 450 E. Waterside Drive in Lakeshore East

340 On the Park isn’t the only building with lake views in Lakeshore East. The Chandler, at 450 E. Waterside Drive, also has stunning city and lake views from the north facing units. Unit #2902, a 3-bedroom unit, is back on the market after closing last February. According to the listing, it is a “very motivated seller.” It […]

Intrigued by the “Pocket Listing”? 4237 N. Damen in Lincoln Square

It’s been awhile since I’ve seen a “pocket listing” mentioned in the Chicago market. A pocket listing is a property for sale that isn’t on the MLS/market but the seller makes it known that he/she is interested in receiving offers on the property. Usually- you see pocket listings when the market is hot or the property is […]