Archive for December, 2009

1890s Bridgeport Workman’s Cottage Sells: 3554 S. Union

We last chattered about this vintage 2-bedroom brick workman’s cottage at 3554 S. Union in Bridgeport in July 2009. See our July chatter and pictures here. Shortly thereafter, it went under contract and sold in August 2009 after being reduced by $89,000. It had hardwood floors, an updated kitchen and bath and a lush backyard […]

2-Bedroom Bank Owned Unit in River North for Under $300,000: 600 N. Kingsbury

We’ve chattered about bank owned units in 600 N. Kingsbury in River North before. But this bank owned 2-bedroom recently came on the market priced about 40% under the 2006 purchase price. At 1200 square feet, it has carpet throughout but it appears, from the pictures, that the kitchen is intact. It looks like it […]

A 2/2 With Parking in East Lakeview for Under $225,000: 3900 N. Pine Grove

This 2-bedroom at 3900 N. Pine Grove, in the Coronado, in East Lakeview recently came on the market. It’s a short sale. (The listing has the address wrong- it has it as 3900 W. Pine Grove). The building has 101 units. This unit faces west and has a balcony. It also has amenities buyers are […]

Ukranian Village Cottage Reduces $50K: 953 W. Leavitt

We last chattered about this 3-bedroom vintage cottage at 953 W. Leavitt in the Ukranian Village in August 2009. See our prior chatter and pictures here. Since then, it has been reduced by $50,000. The house has an oak staircase as well as hardwood floors throughout the dining and living rooms. It also has vintage […]

Market Conditions: November Sales up 69.9% in Chicago; Prices Decline 3.4% YOY

With the original first time home buyers tax credit set to expire at the end of November 2009, it isn’t surprising that sales soared ahead of the deadline (even though the deadline was then extended to April). Sales were up strongly in Chicago, the Chicagoland 9-county area and statewide compared with a year ago but […]

Deal of the Week on a 2-Flat in North Center? 2141 W. Cullom

This brick 2-flat at 2141 W. Cullom in North Center recently came on the market. It is bank owned. The units consist of the following: Unit #1: 2 bedrooms, 1 bath Unit #2: 3 bedrooms, 1 bath Built in 1908, the building doesn’t have central air. It also doesn’t have any parking. While it’s clear […]

Forget the Stairs, Take the Elevator Instead: 545 W. Aldine in East Lakeview

We last chattered about this 2-bedroom unit at 545 W. Aldine in East Lakeview in August 2009. See our prior chatter and pictures here. Since then, the unit has been reduced by $74,500. It has many of the bells and whistles that buyers are looking for including central air, garage parking, and, rare for lakeview, […]

340 On the Park 1-Bedroom Duplex Returns: 340 E. Randolph in Lakeshore East

This 1-bedroom duplex at 340 E. Randolph, in 340 On the Park, in Lakeshore East, boosts not just one south facing terrace but two. You can wake up with your views of the lake and Millennium Park and you can have after work drinks off your living room doing the same. This is no small duplex, as […]

Crib Chatter Holiday Schedule

This is the quiet period for real estate (in Chicago and elsewhere.) Inventories are down as listings have been pulled and as sellers wait to list in early 2010. Crib Chatter will be taking this time to contemplate, as we always do during this slow period, what will be the top Chicago real estate stories in the coming […]

Bank Owned 2-Bedroom Under the 2000 Price in Southport: 1241 W. Grace

This 2-bedroom vintage unit at 1241 W. Grace in the Southport neighborhood of Lakeview has been on the market since early November. It is bank owned. The property has been reduced by $20,000 and is now listed for $100 less than the 2000 purchase price. The unit recently went under contract. It has some vintage features […]