Archive for July, 2009

2 Years Later “Good Bones” in East Lakeview Finally Sells: 522 W. Briar

We chattered about this renovated vintage unit at 522 W. Briar in East Lakeview several times. See our prior chatter in November 2008 with the pictures here. After more than 2-years of being on (and off) the market, the unit finally sold. It had an upscale kitchen with Wolf and Viking appliances and new custom […]

What’s Selling in Bridgeport: An Authentic Loft at 3500 S. Sangamon

This 2-bedroom brick loft at the Union Lofts at 3500 S. Sangamon in Bridgeport recently went under contract. It is a short sale and had been reduced by about $34,000 since April 2009. It is a corner unit and has 11 foot high ceilings. It looks like the parking is included in the price. It’s […]

After $89K Reduction is Bridgeport Cottage Now Affordable? 3554 S. Union

We last chattered about this cute 1890s workman’s cottage at 3554 S. Union in Bridgeport in January 2009. See our prior chatter and pictures here. It’s been on the market since October 2008 and has now been reduced by $89,000. Is this now an affordable starter home? Joe Kunkel at Baird and Warner still has […]

Dramatic Price Cuts on the Penthouse Levels at Grand Plaza: 545 N. Dearborn in River North

Thanks to the tipster who sent me information regarding the slashing of prices on the penthouse collection at Grand Plaza, the 2001- era high rise at 545 N. Dearborn in River North. The price reductions appear to apply to units only in the penthouse collection on the 30th to 36th floor. The building’s website says the lower floors […]

West Loop Vintage Rowhouse Reduces $30K: 25 S. Oakley

We last chattered about this 3-bedroom  vintage rowhouse with good bones in the West Loop near the United Center at 25 S. Oakley in March 2009. See our prior chatter here. It had been a foreclosure in October 2007. Originally listed last December, it recently reduced by $30,000. The listing says it has been completely […]

Trying to Sell a 1-Bedroom in River North 3 Months Later: 70 W. Huron

We last chattered about this 1-bedroom unit in the Hermitage at 70 W. Huron in River North in April 2009. See our prior chatter and pictures here. Since then, the unit has been completely repainted and the price has been reduced by $25,900. Or you can now also rent the unit. Will it finally sell at […]

Four Months Later and Reduced Again: Terrace Unit at 1255 N. State Parkway

We’ve chattered about this terrace unit in the Churchill, at 1255 N. State Parkway, in the Gold Coast several times over the past few years. We watched it sell in November 2007 and then come back on the market again. See our most recent chatter and pictures here. It’s been reduced another $15,900. It’s also now listed […]

Short Sale River North “Investment Opportunity” Studio Closes: 330 W. Grand

We chattered about the investment potential of this 585-square foot studio at 330 W. Grand in River North in early April 2009. See our prior chatter and pictures here. It went under contract about 2 weeks after our chatter and closed in June for $2,000 over the list price. Unit #1605 with the same square […]

The Ultimate Bungalow: 5501 W. Cullom in Portage Park

Do you like homes big on character and history? Then this grand 3500 square foot bungalow at 5501 W. Cullom in Portage Park is for you. It’s almost unfair to call it “just” a bungalow. The listing says it has french walnut walls, traycery ceilings, carved woodwork and stained glass. The lower level has a 1950s […]

Short Sale Alert: 1 Year Later and Reduced $180K: 182 W. Lake

Century Tower at 182 W. Lake in the loop is an American Invsco conversion circa 2006-2007. The building sold-out quickly in the heyday because of an innovative 1-day auction where they were going to let buyers/investors put bids in via hand-held devices. See the press release for a blast from the past describing how the […]