Archive for September, 2009

Chandler 3-Bedroom Still on the Market 10 Months Later: 450 E. Waterside Drive in Lakeshore East

We last chattered about this 3-bedroom unit at The Chandler, at 450 E. Waterside Drive, in Lakeshore East, in December 2008. It had come back on the market only 10 months after it was purchased. See our prior chatter and pictures here. But 10 months later, it is still for sale and has been reduced […]

Market Conditions: Chicago Condo Sales Fall 19.1% in August Year Over Year

The Chicago Tribune digs into the August sales numbers and finds that sales in the condo market are much slower than the single family home market. Condo sales have crashed in several neighborhoods year over year: Rogers Park down 13.2% Edgewater down 32.9% Uptown down 27.1%  Lakeview down 35.7% Lincoln Park down 12.9% Near North side down 13.9% Near West […]

You Can Buy It, But You Can’t Tour It: 3550 N. Lake Shore Drive in Lakeview

This 1-bedroom unit just came on the market at 3550 N. Lake Shore Drive in Lakeview, a complex that was built in 1962. The listing says the unit cannot be shown because of “extensive mold issues.” The listing also says it’s being sold “as-is” by the office of the Public Guardian. You need to sign a special […]

Own a Car in Bucktown? Have Your Own Garage: 2117 W. Canton

It’s hard enough to find a 1-bedroom condo in Bucktown with parking, let alone your own garage.  But this 1-bedroom plus den vintage unit at 2117 W. Canton has a prime Bucktown location and its own private garage space. The unit is located on the top floor of a courtyard building only steps from Bucktown nightlife […]

Galewood English Bungalow Reduces: 2032 N. Oak Park

Looking for an easy commute into the loop? We last chattered about this 3-bedroom english brick bungalow at 2032 N. Oak Park in Galewood in February 2009. See our prior chatter here. It is just a 2 block stroll to the Metra stop and a 20 minute train ride downtown. The kitchen has been updated […]

Market Conditions: Chicago August Sales Down 7.2% YOY; Median Price Declines 22.9% YOY

The  August sales and price statistics are out from the Illinois Association of Realtors and show further declines in the city in both sales and median price. Chicago appears to be struggling to increase sales more than the total Chicagoland area. The first-time home buyer credit boosted sales for the month. The IAR also states that foreclosures […]

Vintage Beauty in East Lakeview Is Back on the Market: 507 W. Aldine

We’ve chattered about this 2-bedroom vintage unit at 507 W. Aldine in East Lakeview several times since last February. See our first chatter and pictures in February 2009 here. It had seen numerous reductions before it finally went under contract early in the summer. But suddenly, it has come back on the market at the […]

Selling 1-Year Later and Under Contract: 3512 N. Southport in Southport

This 3-bedroom new construction luxury condo at 3512 N. Southport in the heart of the action in Southport came on the market in July 2009 only one year after it was purchased. It was originally listed $25,000 under the 2008 purchase price and then was reduced further. The unit has upscale finishes like a Viking […]

A Single Family Home for a Condo Price: 1802 W. Diversey in West Lakeview

This 2-bedroom fee simple single family home at 1802 W. Diversey in West Lakeview just might be the kind of space that many buyers have been looking for. The home offers the privacy of a single family home without the maintenance of one. It is located in a gated community and has a homeowner’s fee. The house […]

Own a Piece of London: Historic Rowhome Now Available: 3832 N. Alta Vista Terrace in Lakeview

The rowhomes on Alta Vista Terrace in Lakeview were originally built between 1900-1904 to resemble a street in London. Even today, you feel like you’ve stepped out of Chicago briefly when you venture down the Chicago landmark district block. Homes don’t often come on the market on Alta Vista Terrace, making them “prime” indeed. However, 2 […]