Archive for May, 2009

South Loop Brick Loft Reduces Again: 1528 S. Wabash

We last chattered about this 2-bedroom brick loft at 1528 S. Wabash in the South Loop in February. See our prior chatter and pictures here. It is still on the market and has now been reduced by $38,000. This is a rare loft in that the walls to the bedrooms actually go to the ceiling, […]

Need Space? The Southport Townhouse: 3401 N. Janssen

Want to live in Southport but are priced out of the single family home market and need more space than the 2/1 condos that are available? This townhouse at 3401 N. Janssen may be the solution. It was extensively updated since the 2007 purchase with new Brazilian cherry floors in the living room, dining room, […]

Market Conditions: Best Developer Quote of 2009

The Chicago Tribune recently had an article about getting more for your money in the real estate market- especially in those homes priced between $200,000 and $300,000. But one developer says to look beyond the actual selling price of a home when you’re house hunting. Nick Gouletas of American Invsco also suggests shopping by monthly mortgage payment, […]

Vintage Beauty on the Drive Reduces $67K: 3400 N. Lake Shore Drive

We last chattered about this vintage 3-bedroom in 3400 N. Lake Shore Drive in October 2008. See our prior chatter and pictures here. Originally part of the lobby, the unit has 13-foot high ceilings, extensive woodwork, including a gorgeous fireplace, in-unit washer/dryer and deeded parking. It has also been reduced by $67,000 since October 2008. […]

Looking for a Single Family Home in Ravenswood? 4127 N. Hermitage

This 4-bedroom single family home at 4127 N. Hermitage in Ravenswood was built in 1902 and still has many of its vintage features. It is also within walking distance of the Irving Park Brown Line and the Ravenswood Metra stops. It has oak floors, a first floor library, 3 out of 4 bedrooms on the […]

3-Bedrooms Listed Under 2005 Price at The Fordham at 25 E. Superior in River North

As we’ve chattered about several times, stresses have found their way even into the most prestigious buildings in the city. This 3-bedroom unit just came on the market being sold “as-is” in The Fordham, at 25 E. Superior, one of the more prestigious condo buildings in the River North/Cathedral District area. It is listed $35,100 under […]

Landmarked “Race House” at 3945 N. Tripp in Old Irving Park Reduced $200K

This brick Italianate 5-bedroom single family home at 3945 N. Tripp in Old Irving Park was built in 1874. Called the “Race House,” it is the only remaining structure belonging to the family that founded the village of Irving Park. It was designated a historic landmark in 1988. Read more about its history on the Chicago Landmark […]

Bank Owned Vintage 3-Flat in Southport: 3510 N. Ashland

This 1898 vintage 3-flat at 3510 N. Ashland in Southport appears to have many features that would make it attractive to investors. It’s in a prime rental neighborhood, each unit has a renovated kitchen, a washer-dryer in the unit and central air and there is 3-car parking. The building is also listed for $386,100 under […]

Flip This Condo is Back and Reduced: 1952 N. Seminary in Lincoln Park

We originally chattered about this 2-bedroom vintage condo at 1952 N. Seminary in Lincoln Park in July 2008. Read our prior chatter and see pictures here. The penthouse unit was renovated and was being flipped. I asked in July, “will professional staging help sell this unit?” Now, the listing says “BONUS: plasma TV and movie […]

River City Foreclosures Continue: 800 S. Wells in Printers Row

We last checked in on River City, at 800 S. Wells, in Printers Row in the South Loop in July of 2008. Back then, some foreclosures and short sales were selling, but the building was still among the top for foreclosures and short sales in the downtown. See our prior chatter and pictures here. But never fear […]