Not everything is gloom and doom for developers. This 11-unit vintage conversion at 842 W. Belle Plaine in the Buena Park neighborhood has seen 9 of its units go under contract within only 40 days. What’s its secret? Is it the price point? The finishes? The size of the units? All of the above? It appears […]
The number of short sales on million dollar homes in Lakeview seems to be mounting as this 5-bedroom rehab of a vintage greystone at 854 W. Oakdale is the latest to join the list. The house was first listed in June 2008 and has been reduced $250,099. The listing says “timeless elegance” and says the […]
We last chattered about this 3-bedroom vintage unit at 3800 N. Lake Shore Drive in July 2008. 8 months later it is still on the market and has been reduced $20,000. The seller is also “motivated.” See our prior chatter and pictures here. Unit #14E: 3 bedrooms, 2 baths, 2150 square feet Sold in January 2001 […]
When you think of townhouse living, you usually think of a quiet block with leafy trees. But in a few high rise buildings downtown, you can actually live in a townhouse, and still get the views. Such is the case with this unfinished tri-level townhouse space at 33 W. Ontario in River North. It has […]
For months we’ve been following the price reductions on this 3-bedroom penthouse unit at 1013 W. Webster in Lincoln Park. See some pictures and our last chatter in October 2008 here. It has been reduced again and is now priced $160,000 under its March 2008 list price and also now $160,000 under its 2006 sales price. […]
This 7-bedroom “short sale/pre-foreclosure” at 461 W. Melrose in Lakeview has been on the market since June 2008. The listing says it was originally listed for $3 million but I could only find it listed at $2.499 million in June 2008. Since June 2008, it has had several price reductions and price increases but it […]
There has been a lot of recent chatter about 600 N. Fairbanks. The Helmut Jahn designed building in Streeterville continues to see active traffic with some flippers able to sell for a profit since the building first started closings in November 2007. See our chatter on a prior post and info about recent sales in the comments here. But making […]
We have chattered about this Southport 1-bedroom at 1148 W. Roscoe several times in the last few months. See the pictures and our last chatter in November 2008 here. It was originally listed at $315,000 but was withdrawn from the market and has now been re-listed. It’s also now been reduced by $36,000 and is listed […]
We’ve chattered about the foreclosures and short sales in 2000 N. Lincoln Park West several times. See our prior chatter and pictures here. In November 2008, banks were cutting prices on foreclosed 1-bedroom units in the 2004-2005 vintage conversion building overlooking the Lincoln Park Zoo. The banks are getting more aggressive now and prices continue […]
This 1893 vintage 2-bedroom cottage at 2343 W. Moffat in Bucktown (or is this Logan Square?) looks like it has been recently renovated. Is this a condo alternative? While it’s only 1504 square feet, it has a two car garage and you don’t have to deal with anyone living above or below you. It’s also recently been […]