Archive for January, 2009
Back on the Market and Reduced $25K: 1801 W. Diversey
We last chattered about this 3-bedroom townhome at 1801 W. Diversey in Lincoln Park (which many of you argued was not really Lincoln Park at all) in October 2008. Read the last chatter and see the pictures here. It had been reduced $29,900 and the listing said it was “priced to sell.” It’s back on the […]
Trying to Sell 2 Years Later: $20K Reduction on 1208 W. Webster
We last chattered about this 2-bedroom unit at 1208 W. Webster in September 2008. Since then it was withdrawn from the market and recently re-listed- with a $20,000 reduction. See the pictures here. Here’s the history: Unit #4: 2 bedrooms, 2 baths, 1325 square feet Sold in February 2002 for $355,000 Sold in August 2006 for […]
Single Family Home for a Condo Price: 3449 N. Paulina in West Lakeview
This single family home at 3449 N. Paulina in West Lakeview appears to have it all: 3 bedrooms, the all-important 2 baths (instead of just 1 or 1.5), central air, a backyard and a garage. The listing says it is extra wide- with 20′ wide interior. Many would consider this home to be a “condo-alternative.” Will this property […]
2-Flat Short Sale: Do the numbers really work? 710 W. Melrose in Lakeview
Many of you are interested in investing in multi-unit buildings with the hope that you can cover your costs by renting out the units. This new construction 2-flat at 710 W. Melrose in Lakeview claims that if you “do the math” the “numbers really work!” Do they? Both units are 3-bedroom, 3-bath duplexes. Both are […]
Wicker Park Secret Staircase Unit Cancelled: 1530 N. Paulina
Remember this 3-bedroom 2600 square foot Wicker Park unit at 1530 N. Paulina with the “secret” staircase to the duplex down? We chattered about it in July 2008. See the pictures here. It was reduced $15,000 before the listing was cancelled in September 2008. Will it be back to test the market again in 2009? Here’s its history: […]
We Love Modern: 2223 W. Race in Ukranian Village
I’ve been getting some requests to chatter about these 2 modern single family homes at 2223 W. Race and 2225 W. Race in the Ukranian Village/West Town by Studio Dwell Architects. YoChicago also recently did a post on all of Studio Dwell’s current buildings. Both homes are still available, although 2225 W. Race was recently pulled off […]
$5k Reduction in Gold Coast Coach House: 29 W. Chestnut
We last chattered about this coach house at 29 W. Chestnut in the Gold Coast in August 2008. It is still on the market and has been reduced…but only by $5,000. See the last chatter here. Marlene Saint George at Baird and Warner still has the listing. Check out the listing and see more pictures here. 29 W. Chestnut Coach House: […]
Market Conditions: “The Carrying Costs Will Eat You Alive”
Crain’s reported that 2 developers, Habitat Co. and Thrush Co., successfully auctioned off unsold condo and townhouse units at two South Side developments in December 2008: McKinley Park Lofts at 2323 W. Pershing Road, a 163 unit loft conversion in McKinley Park Jazz on the Boulevard, a 137-unit complex at 41st Street and Drexel Boulevard in North Kenwood […]
Does Parking Matter? 2123 N. Kenmore Still On the Market
In May 2008, we chattered about whether or not having parking with a condo unit mattered. Read our chatter here. 2123 N. Kenmore, a 3-bedroom, 2 bath unit, in Lincoln Park seemed to have “everything” except a parking spot. It is still on the market 8 months later and has been reduced by $30,000. Suzanne […]