Archive for April, 2010

Bank Owned 1-Bedroom $95K Under 2006 Purchase Price: 150 W. Superior in River North

This 1-bedroom plus den in the midrise building at 150 W. Superior in River North has been on the market since February 2010 as a bank owned unit. It has been reduced by $60,100 since that time. It is also now listed for $95,600 under the 2006 purchase price. The unit has hardwood floors and, according […]

Some Prices Already Reduced on New Logan Square Development: 3550 W. Lyndale

Shortly after we first chattered about this 7-unit conversion building at 3550 W. Lyndale in Logan Square at the end of March, prices were reduced as much as $25,000 on the larger 3 bedroom units. See our March 2010 chatter and pictures here. Maybe the developer took all of your comments about pricing here on […]

Going Back to the 1994 Price in the Gold Coast? 1000 N. Lake Shore Drive

We last chattered about this 1-bedroom unit at 1000 N. Lake Shore Drive in the Gold Coast 11 months ago. See our prior chatter here. Back in May 2009, the unit was in short sale and had just been reduced to $159,900. Several of you thought it would sell for $120,000 to $125,000. The unit […]

Once Was Vintage and Now is a Contemporary: 1029 N. Honore in the East Village

Walking or driving by the 3-bedroom single family home at 1029 N. Honore in the East Village, you would never know the house was built in 1879. That is how complete the transformation is- even from the outside. The listing says the home was renovated by Studio Dwell. The house now has a contemporary open floor plan […]

Multi-Unit Buildings Aren’t Dead: 914 N. Winchester Closes in the East Village

Many of you thought the original listing price for this 3-flat greystone at 914 N. Winchester in the East Village was way too high in December 2009 when we first chattered about the property. See our prior chatter and pictures here. Originally listed at $679,000, one of you commented that it should be priced at $388,000 […]

Your Mies Van Der Rohe Blank Slate: 2400 N. Lakeview in Lincoln Park

This 3-bedroom unit in 2400 N. Lakeview, the Mies Van Der Rohe on the Park building in Lincoln Park, has been on the market since July 2009. The listing says the unit has North and West exposures. There is central air but no washer/dryer in the unit. There is also only rental parking with the […]

Selling the $5 Million Gold Coast Mansion: 1500 N. Dearborn Parkway

This 4-bedroom vintage mansion at 1500 N. Dearborn Parkway in the Gold Coast has been on the market since July 2009. The listing now says it is “priced to sell” and that the seller will “entertain all offers.” The 6290-square foot house was built in 1889 and has 3 fireplaces. Built on a 30×150 lot, it also […]

Market Conditions: March Foreclosures Drop 8% in Illinois YOY

RealtyTrac released the March nationwide foreclosure numbers yesterday and Illinois came in 10th in the nation for foreclosures in March and 9th in the nation for the first quarter. March actually saw an 8% decrease year over year in the number of foreclosures, the first such year over year decrease since November 2008. Before breaking […]

Penthouse Living in River North: 630 N. Franklin

This 2-bedroom penthouse unit at 630 N. Franklin in River North just came on the market. The midrise contemporary building was built by CMK in 2005. The unit has exposed concrete pillars, floor to ceiling windows and high ceilings. There are hardwood floors throughout. The kitchen has granite counter tops and stainless steel appliances. There are marble […]

What’s Selling in Lincoln Park: 2309 N. Commonwealth

This large 2-bedroom pre-war unit at 2309 N. Commonwealth in Lincoln Park has been on the market since February 2010 and is now under contract. The 12×7 sunroom was opened up to the living room and the current owner chose to use that sunroom space as a dining room. The large dining room is currently […]