Archive for February, 2010
2-Bedroom Short Sale in the West Loop: 1000 W. Adams
We’ve chattered about 1000 W. Adams in the West Loop before. This 2-bedroom is on the market as a short sale. It has been listed for over a year and has now been reduced by $30,900. The building was constructed in 2001. This unit faces south and has hardwood floors in the living/dining and kitchen […]
Bank Owned 2-Bedroom in the Loop for the Price of a 1-Bedroom: 212 W. Washington
This bank owned 2-bedroom at 212 W. Washington, or City Center Lofts, in the Loop has been reduced by $46,600 since October 2009. And it’s still available. It has all the bells and whistles including central air, in-unit washer/dryer and even deeded parking included in the price. The unit is a “soft loft” with high ceilings […]
Move-In Ready Logan Square 2-Flat Cottage: 2329 W. Charleston
This 2-flat cottage at 2329 W. Charleston in Logan Square (west Bucktown?) has been on and off the market since May 2008. It recently came back on the market for another try. The two units are as follows: Unit #1: 2 bedroom, 1 bath garden apartment- rents for $1000 a month Unit #2: 3 bedrooms, 2.5 baths […]
Seeking a First Time Buyer in Southport: 3515 N. Lakewood
This 2-bedroom unit at 3515 N. Lakewood in the Southport neighborhood of Lakeview has been on the market since August 2009. It has been reduced by $6075 in that time period. The vintage unit has oak floors throughout and a kitchen with white cabinets and white and black appliances. There is central air but no […]
Market Conditions: New Construction Condo Sales Remain Challenging Downtown
Not surprisingly, 2009 wasn’t a great year for downtown condo developers. According to the Chicago Tribune, sales in the downtown market were pumped up by the first time home buyers credit and price reductions by developers. (“Downtown” is designated from North Avenue to Cermak Road to Ashland and Lake Michigan.) There were almost 1,900 closings […]
A New Construction Mansion on a Corner Lot in Lakeview: 3804 N. Janssen
Most people who live in the Southport neighborhood of Lakeview have driven or walked by this house at 3804 N. Janssen at one time or another. The 7300 square foot, 6 bedroom home is new construction built with a masonry and limestone exterior on a corner lot measuring 34×125. Originally listed in September 2009, it has since […]
Selling a $3 Million+ Single Family Home Less Than 2 Years Later: 1728 N. Cleveland
This 6-bedroom single family home at 1728 N. Cleveland in Old Town/Lincoln Park was first sold as new construction in 2008. A little under two years later, it is back on the market. The house has a limestone facade and an in-ground watering system. 5 of the 6 bedrooms are upstairs. The kitchen and baths are all […]
The 1889 Victorian Mansion: 629 W. Fullerton in Lincoln Park
When you think of Lincoln Park, most people have visions of tree lined streets and houses like this Victorian mansion at 629 W. Fullerton. With 7000 square feet and 5 bedrooms, it exudes vintage style on the outside while having modern amenities on the inside. All five bedrooms are upstairs. Additionally it has a penthouse […]
The Million Dollar Southport Brownstone: 3847 N. Janssen
This 4-bedroom brownstone at 3847 N. Janssen in the Southport neighborhood of Lakeview has been on the market since May 2009. It is now listed for $126,000 under the 2006 purchase price. Built in 1907, the house was renovated in 2005. The kitchen has a large island and upgraded stainless steel appliances alongside new cabinets. […]