Archive for February, 2009

Does Parking Matter? 1647 N. Sedgwick in Old Town Revisited

We last chattered about this 2-bedroom vintage unit at 1647 N. Sedgwick in Old Town in November 2008. Its “sister” unit on the top floor sold in only a few weeks in July 2008 for nearly the asking price (asking of $419,000- and sold for $412,000).  That unit had both a private rooftop deck AND a […]

Oriole Park Rehabbed Georgian: 7301 W. Balmoral

We return again to the Northwest side of the city for this 4-bedroom Georgian at 7301 W. Balmoral in Oriole Park which has a two-story addition that includes a master suite. It’s been reduced $54,100 since December 2008. Is this house an affordable city starter home? Daniel Cartalucca at Coldwell Banker has the listing. See all […]

Channel Your Inner Castle: 4353 W. Hollywood in Sauganash

The neighborhoods along the lake aren’t the only place where you can find million dollar mansion-like homes. This castle-inspired 4-bedroom home at 4353 W. Hollywood in Sauganash on the Northwest Side was just reduced by $50,000. Thomas McCarey at The Real Estate Lounge at @Properties has the listing. See all the pictures here. 4353 W. […]

We Love Lincoln Park Townhouses Under $500K: 2325 N. Wayne

We’ve chattered about a bunch of these townhouses on N. Wayne in Lincoln Park before. One of them, a 2400 square foot 3-bedroom at 2349 N. Wayne, is still on the market.  That 3-bedroom townhouse has since been reduced $34,100. See our July 2008 chatter here. The townhouse at 2325 N. Wayne was recently reduced […]

1926 East Lakeview Courtyard Beauty: 507 W. Aldine

The 1920s were the peak years for classic vintage courtyard buildings near the lake like this one at 507 W. Aldine in East Lakeview. This 2-bedroom unit has a wood-burning fireplace, plaster moldings and the in-unit washer/dryer. It also has a highly coveted East Lakeview parking spot. Brad Lippitz at Brad Lippitz Real Estate Group […]

Market Conditions: 4th Qtr Downtown Condo Sales Crash Through the Floor

Given everything going on in the financial markets, it’s not surprising that fourth quarter condo sales in the downtown corridor crashed. Crain’s reports that quarterly sales were actually a negative 253 sales as units that were formerly under contract fell out of contract and new sales stalled. For the entire year, only 644 new construction […]

$184,500 Reduction on Bungalow in Forest Glen: 4923 W. Catalpa

We haven’t chattered much about what is going on in the far Northwest corner of the city. This rehabbed 2-story 1928 octagon brick bungalow at 4923 W. Catalpa in Forest Glen was first listed in July 2008 and has since been reduced by $184,500. The listing says it has a new kitchen (the appliances are […]

Under Contract in One Day: 444 W. Surf in Lakeview

If you price it right, and it shows well, it will sell . . . and apparently quickly. Such is the lesson from this 1-bedroom vintage unit at 444 W. Surf in East Lakeview that went under contract after only one day. It is missing two out of the three usual “important” selling points. It doesn’t […]

$50K Reduction and Under the 2006 Price: 2523 N. Burling in Lincoln Park

We’ve chattered about 2523 N. Burling in Lincoln Park several times in the past- including only a month ago. See the January 2008 chatter here. See the original April 2008 chatter with pictures here. The 3-bedroom vintage unit recently had another price reduction. It has now been reduced $50,000 from its original April 2008 listing. It […]

$25K Reduction on 3-Bedroom Vintage: 2910 N. Pine Grove

We last chattered about this pretty 1910 vintage 3-bedroom unit at 2910 N. Pine Grove in early December 2008. It has since been reduced $25,000. See our prior chatter and more pictures here. Pam Lynch at Jameson Real Estate still has the listing. See the listing and more pictures here. Unit #2: 3 bedrooms, 2 baths, […]