Archive for July, 2010
450 W. Briar in East Lakeview was built in 1972 but converted into condos in 2005. The 142 units have no central air but some apparently do have a “rare” in-unit washer/dryer. There is deeded or rental parking available in the building. This south facing corner 1-bedroom was recently reduced $2000 and is now listed […]
July 13th, 2010 | Posted in Lakeview | 23 Comments
The Chicago Tribune recently had an article about the price cuts at downtown developments such as Parkside of Old Town (which we chattered about already here at Crib Chatter) and The Columbian, the highrise along Grant Park on Michigan Avenue in the South Loop. But once we make it through this round of price cuts and sales, […]
July 13th, 2010 | Posted in Market Conditions | 87 Comments
We’ve chattered about this 2007 construction mid-rise at 845 N. Kingsbury, the Village Pointe, in River North several times before when flippers were attempting to flip in the building. Now, one of the units actually ON the “Pointe” is on the market. At 1700 square feet, it is among the largest units in the building. The […]
July 12th, 2010 | Posted in River North | 23 Comments
This 3-bedroom rowhouse at 1016 W. Grace just a few blocks north of Wrigley Field in Lakeview has been on and off the market since September 2007. It is now listed as a short sale for $140,000 under the 2005 purchase price. Built in 1993, the rowhouse has all 3 bedrooms on the third floor. It […]
July 12th, 2010 | Posted in Lakeview, Short Sales | 21 Comments
Many of you sent me this article from the New York Times last week about the increase in distress sales among the million dollar property crowd. While it didn’t discuss Chicago, specifically, the wealthy North Shore suburbs do get a mention. Five properties here in Los Altos were scheduled for foreclosure auctions in a recent […]
July 12th, 2010 | Posted in Lincoln Park, Market Conditions, Single family homes | 80 Comments
This vintage 2-flat at 3741 N. Janssen in the Southport neighborhood of Lakeview is listed as a short sale. The listing calls it a “nice investment opportunity”. It has only been on the market for about a week and already it is under contract. The building consists of two units: 2 bedrooms/1 bath, rented for […]
July 9th, 2010 | Posted in 2-Flat, Short Sales, Southport | 29 Comments
We chattered about this higher floor 2-bedroom unit at the modern high rise at 600 N. Fairbanks in Streeterville back in March 2009. See our March 2009 chatter here. At the time, the unit was looking to be sold for the THIRD time in just the prior 2 years. The original owner bought it in December 2007. The […]
July 9th, 2010 | Posted in Streeterville | 31 Comments
Portage Park is famous for its “bungalow belt” of historic bungalows built in the 1920s and 1930s such as this 6-bedroom brick bungalow at 5416 W. Berenice. Currently listed as a “short sale” the price was just reduced by $50,000 and it’s now listed just under $300,000. It has all the bells and whistles that home […]
July 9th, 2010 | Posted in Portage Park, Short Sales, Single family homes | 73 Comments
This 5-bedroom custom built newer construction home at 4329 N. Wolcott in North Center has been on and off the market since February of 2009. The listing says the home was “featured in CS Interiors”. Built on a larger than standard Chicago lot of 30×154, it has a deck with a built in Viking grill. […]
July 8th, 2010 | Posted in North Center, Single family homes | 34 Comments
We’ve chattered about the conversion vintage mid-rise building at 433 W. Briar Place in Lakeview several times before. See our February 2009 chatter here. The developer has been selling units in the building since 2007. But this is the first time I’ve seen the top floor unit marketed with its own private 45×35 rooftop deck. […]
July 8th, 2010 | Posted in Lakeview | 23 Comments