Crilly Court is a historic apartment complex consisting of several low-rise buildings in Old Town, some of which front Wells Street, which was converted from apartments into 90 condos in 2007. The buildings sold out quickly because of the location and historic nature of the buildings. Only a few parking spaces were available for purchase with the units […]
8 W. Monroe, the mid-rise conversion building in the Loop, has its share of investor owners. The building is in a convenient Loop location, has in-unit washer/dryers and parking is available. This 2-bedroom unit recently came on the market as a short sale. The listing says that renters are occupying the unit until September and are […]
How important is the housing story? Important enough that the Chicago Tribune put it on the front page of the Sunday newspaper. From the Tribune: “I’m so thankful,” said Mark Zipperer, a Re/Max Edge agent in Chicago, as he ticked off his busy schedule of appointments last week. “It’s like after a drought, it’s raining. […]
Sometimes, the price reductions can be death by a thousand cuts. But in the case of this vintage 2-bedroom loft-like unit at 1445 W. Belden in Lincoln Park, it went for the “drama” price cut- reducing $70,000 in one swoop. The unit has 15-foot ceilings, a renovated kitchen with Miele, Wolf and Subzero appliances, parking, central air but […]
How many different ways can you say the headline every month? Home sales continue to plunge in Chicago and across the Chicagoland area. From the Illinois Association of Realtors (as reported by Crain’s): In the city of Chicago, sales fell 42.2% in March, to 1,181 compared with 2,044 in March 2008. The rate of decline […]
We’ve chattered about this large 2-bedroom at the Anchor Lofts at 215 W. Illinois in River North several times. See our most recent January 2009 chatter here (no pictures.) The unit has been on the market since September 2008 and has now been reduced $139,000. It’s also listed for below its 2001 purchase price. In our […]
We’ve chattered about Helmut Jahn’s 600 N. Fairbanks in Streeterville a half dozen times. The building has seen some sales in 2009 with other units currently under contract. However, as someone posted about in the comments recently, the developer has recently reduced prices on the remaining few units still available. Most of the reductions look […]
We first chattered about this 3-bedroom greystone vintage unit at 2523 N. Burling in Lincoln Park in April 2008. Someone said then that it would sell for near the asking price of $600,000. See our prior chatter and pictures here. The unit has remained on the market ever since and has been reduced $70,000. It is […]