Archive for January, 2010

18 Months Later, Lakeview 2-Flat Returns at the Same Price: 1542 W. Byron

We last chattered about this 2-flat at 1542 W. Byron in Lakeview in July 2008. See our prior chatter here. Back then, it was a lively discussion with some saying that this was priced reasonably and others arguing it didn’t cash flow. It is 18 months later and the seller is trying again at the same […]

Luxury 1-Bedroom Reduces in Streeterville: 600 N. Lake Shore Drive

We last chattered about this large 1-bedroom in 600 N. Lake Shore Drive in October 2009. See our prior chatter and pictures here. It is still available and has been reduced another $10,000. 600 N. Lake Shore Drive are two new construction towers right on Lake Shore Drive If you look at this recent report […]

Bank Owned Albany Park 2-Flat Under the 1990 Price: 3011 W. Ainslie

This bank owned 2-flat at 3011 W. Ainslie in Albany Park came on the market in early January and has already been reduced once. The brick property was built in 1921 and consists of two units. Unit #1: 2 bedrooms, 1 bath Unit #2: 2 bedrooms, 1 bath There is a 2-car garage and a […]

Get a Townhouse for a Condo Price: 1439 N. Cleveland in Old Town

Many homebuyers priced out of the single family home market look to townhouses for more space and privacy. This 2-bedroom townhouse at 1439 N. Cleveland in Old Town has its own private fourth floor deck and single car garage. Originally built by Smithfield in 1997, the two bedrooms are on the third floor. There is […]

The Affordable Townhouse in Budlong Woods: 5252 N. Rockwell

Are you tired of seeing the same cherry kitchen cabinets, granite counter tops and stainless steel appliances in every single property? This 3-bedroom townhouse at 5252 N. Rockwell in Budlong Woods could be for you. The listing acknowledges it needs some updating. It has three bedrooms on the second floor and a full, finished basement. The kitchen also […]

Pre-Foreclosure Duplex on the Market Over 2 Years: 1330 N. LaSalle in the Gold Coast

This 3-bedroom duplex at 1330 N. LaSalle in the Gold Coast has been on the market since October 2007. It has now been reduced by $110,099 and the listing says it is in pre-foreclosure. The unit isn’t small at 1900 square feet. All three bedrooms are generously sized and on the second floor. The kitchen […]

Logan Square 3-Bedroom Listed for $86K Under the 2007 Purchase Price: 2710 N. Kedzie

This 3-bedroom unit at 2710 N. Kedzie in Logan Square was part of the apartments to condo conversion frenzy in 2007. It has hardwood floors throughout and crown molding. The listing calls the kitchen a “chef’s kitchen” with cherry cabinets, granite counter tops and stainless steel appliances. The unit was recently reduced and is now $105,000 lower […]

Lake Shore Drive Brick and Timber Loft Returns to the Market: 540 N. Lake Shore Drive

We last chattered about this 1-bedroom loft at 540 N. Lake Shore Drive in Streeterville in September 2009. See our prior chatter and pictures here. Since September, the unit was removed from the market after it rented but it has since come back on the market after the rental fell through. It has also been reduced […]

“Incredible Investment Opportunity” in Little Italy: 1404 W. Flournoy

This vintage 2-bedroom unit at 1404 W. Flournoy in the Little Italy neighborhood has been on the market nearly a year. It’s been reduced $8,000 in that time period. The unit has 9.5 foot ceilings, exposed brick and, the listing says, new windows. The kitchen has stainless steel appliances and granite counter tops. It doesn’t have an […]

A Single Family Home Under $400,000 in North Center: 4146 N. Damen

This 3-bedroom single family house at 4146 N. Damen in North Center has been on the market since November 2009. It has been reduced by $5,000 in that time. The listing says it needs some “tlc”. It has also apparently been in the same family for 40 years. Built in 1903, it has 3 bedrooms […]