Archive for February, 2010

The Moderately Priced 2-Bedroom Condo: 1250 W. Waveland in Lakeview

This 2-bedroom unit at 1250 W. Waveland in Lakeview could be considered by many buyers to be “moderately priced.” Located within a short stroll of both the shops and restaurants of Southport and Wrigleyville, this unit has most of the modern amenities while maintaining its vintage charm. The original woodwork is still intact, including a […]

Owning an Investment Property in Old Town: 1618 N. Cleveland

This vintage 2-flat at 1618 N. Cleveland just came on the market in Old Town.  The listing says it is a “terrific investment property in perfect location.” The 2-units are as follows: Unit 1: 3 bedrooms, 1 bath, currently rented for $1200 a month Unit 2: 2 bedrooms, 1 bath, currently rented for $1200 a month It […]

Bank Owned 1-Bedroom Duplex Under 2002 Price and Still Not Selling: 1221 N. Dearborn in the Gold Coast

A lot of first time buyers who want to live in the Gold Coast gravitate towards the high rise at 1221 N. Dearborn. Most of the 1-bedroom units are duplex up, with the bedroom on the second level. The building also has an indoor pool and leased parking. There are no washer/dryers in the units- […]

19 Months Later and Bucktown Vintage Duplex Returns to the Market: 1713 W. North

We last chattered about this 2-bedroom duplex up vintage unit at 1713 W. North Avenue in Bucktown in June 2008. See our prior chatter and pictures here. Since then, it was withdrawn from the market and now has been re-listed. It has also been reduced nearly $20,000 from its 2008 list price. The 2-bedroom unit is not […]

Southport Townhouse Still Seeks Buyer 11 Months Later: 3401 N. Janssen

We’ve chattered about this 2-bedroom townhouse at 3401 N. Janssen in the Southport neighborhood of Lakeview several times over the last 11 months. See our October 2009 chatter and pictures here. It is still available and has now been reduced to below the 2007 purchase price. The listing says it is now priced below a […]

The $209,000 1-Bedroom in the Gold Coast: 201 E. Chestnut

We just chattered about one of the most expensive 1-bedroom condo units in the Gold Coast at 10 E. Delaware but what if you’re looking for something cheaper? This 1-bedroom at 201 E. Chestnut has 1030 square feet plus a balcony. The kitchen has been updated with white cabinets and appliances. It has parquet floors […]

8 Months Later and Finally A Price Cut: 2326 N. Janssen in Lincoln Park

If you’ve ever gone on the Sheffield Garden Walk in Lincoln Park you might have strolled past this 3-bedroom two story home at 2326 N. Janssen. On the market since July 2009, it only recently had it’s first price cut, reducing by $50,000. All 3 bedrooms are on the second level, including the 23×16 master […]

13 Months Later, 2-Bedroom at 2031 W. Evergreen in Wicker Park Closes

We chattered about this 2-bedroom at 2031 W. Evergreen in Wicker Park several times. See our prior chatter and pictures here. It finally closed in early January 2010, after 13 months on the market, for $47,000 under the 2005 purchase price. It had all the bells and whistles including 10 foot ceilings, deeded parking, central air […]

Flipper Alert: The $849,000 Gold Coast 1-Bedroom: 10 E. Delaware

Closings began only a few months ago at the new construction luxury high rise at 10 E. Delaware in the Gold Coast. This 1-bedroom unit just came back on the market as one of the first flips in the building. What do you get for $849,000? 1015 square feet 1 bedroom (12×12) plus a den […]

Market Conditions: Chicago Fourth Quarter Foreclosure Filings up 10.2%

The Chicago Tribune reports that foreclosures continued to rise in Chicago and the metro Chicago area in the fourth quarter of 2009. Data is from the Woodstock Institute: Woodstock found that for Chicago, initial foreclosure filings increased by 10.2 percent, but the activity varied widely by neighborhood. Some of the largest percentage gains last year […]