Archive for March, 2010

Market Conditions: Chicago Homes Sales Soar 41.5% While Prices Fall (Again) Year Over Year

The Illinois Association of Realtors just released the February home sales numbers (as someone posted to yesterday in the comments- so thanks for the reminder.) Once again, Chicago home sales jumped sharply as compared to February 2009 sales while median price fell again. In the city of Chicago, February total home sales (single-family and condominiums) […]

Update on Closings in The Legacy: 60 E. Monroe in the Loop

Closings began 5 months ago in The Legacy, the new high rise at 60 E. Monroe in the Loop with views of Millennium Park and the Lake. From the latest data (out of 355 units): About 75 have closed 23 are listed on the MLS (including some re-sales) 10 are for rent (on the MLS- […]

Historical Vintage Beauty in the Oakland District: 3735 S. Lake Park

This 3-bedroom unit at 3735 S. Lake Park in the Oakland District on the South Side is located not far from the new 39th Street beach which opened last summer. At 2400 square feet, it is nearly as large as many single family homes. It has hardwood floors throughout and vintage woodwork. The kitchen has […]

A 1-Bedroom Condo Under $17,000 in Rogers Park: 7226 N. Rogers

This bank-owned 1-bedroom condo at 7226 N. Rogers in Rogers Park is currently listed for $16,900. The listing says it is a cash only sale. That is $138,100 under the 2007 sales price. The listing also says that offers are due by today at 5pm. But don’t worry if you think you’re missing out. The unit […]

It’s Got No Kitchen, But There are 3 Bedrooms: 1651 W. Addison in Lakeview

This bank-owned 3-bedroom unit just came on the market at 1651 W. Addison in West Lakeview. The listing says the kitchen is missing (and the pictures confirm it). It also says some light fixtures in the bathrooms are missing. It is a duplex down with all 3 bedrooms on the lower level. There are hardwood […]

Buy A Single Family Home Instead of a Duplex Condo: 832 N. Marshfield in West Town

This 3-bedroom single family home at 832 N. Marshfield in the East Village neighborhood of West Town recently came on the market. The house was built in 1903 but modernized in the 1990s with current electrical, plumbing and air conditioning. The kitchen has white cabinets and appliances. The baths were recently upgraded with natural stone. […]

Auction Alert: 30 Condos Going Under the Gavel at 1400 N. Lake Shore Drive in the Gold Coast

RDM Development, the developer of 1400 N. Lake Shore Drive has announced an auction of 30 units on April 25 at the Doubletree Hotel at 300 E. Ohio in Streeterville. The building is a vintage apartment to condo conversion which started selling units in 2006. In a press release, RDM Development said it was holding the […]

A Victorian Single Family Home Under $600K in Lakeview: 1030 W. Roscoe

This 4-bedroom single family home at 1030 W. Roscoe in Lakeview just came back on the market after it had previously been listed since November 2008. Mario Greco at Prudential Rubloff has now taken over the listing (try and be kind.) The Victorian style house was built in 1886 and has 3 bedrooms on the […]

The Vintage Gold Coast 1-Bedroom Under $175K: 8 W. Maple

This 1-bedroom unit at 8 W. Maple in the Gold Coast is in a perfect location for someone to enjoy the restaurants and night life of Rush Street. Located in a vintage building, the unit has hardwood floors, a small balcony, and a white kitchen with white appliances. It has window air conditioning units and […]

16 Months After Slashing Prices, Developer Still Trying to Closeout: 550 N. St. Clair in Streeterville

In November 2008, we chattered about the developer at 550 N. St. Clair in Streeterville slashing prices on units. See our prior chatter on the price cuts here. 16 months later, this 2-bedroom is still on the market and is now listed as a “developer closeout.” The building, which is located just a block east […]