Archive for August, 2010

Think There’s No New Construction in Chicago? Think Again: 3125 N. Seminary in Lakeview

The nationwide decline in new home sales to record lows in July isn’t stopping some developers in Chicago from trying to sell new construction properties such as this new single family home at 3125 N. Seminary in Lakeview. It just came on the market in July. Built on a 25×125 lot, it appears that the […]

What’s Going on in Aqua? 225 N. Columbus in Streeterville

Aqua, at 225 N. Columbus in Streeterville, has won numerous design awards for its exterior. The building consists of a hotel on the bottom floors (has yet to open), apartments in the middle of the building and 264 condos on the upper floors. The building, at 82 stories, is among the tallest in the city. It […]

25% Off the 2006 Purchase Price on this SFH Short Sale: 1537 W. Wellington in Lakeview

We return to West Lakeview again as this 4-bedroom house at 1537 W. Wellington was just re-listed as a short sale. It is currently listed just about 25% under the 2006 purchase price and also $130,000 under the 2003 purchase price. The contemporary home was built in 1997. It has 4 bedrooms, with the master […]

The West Loop 1-Bedroom: 1155 W. Madison

This 1-bedroom plus den at 1155 W. Madison was built just as the building boom was taking hold in the West Loop neighborhood- in 2002. It does not come with the now standard granite counter tops and stainless steel appliances in the kitchen but instead has white appliances and greenish counter tops. It does have a marble […]

Waiting 860 Days (and Counting) for a Buyer: 6201 and 6203 W. Addison in Dunning

These two new construction 5-bedroom brick ranch homes at 6201 and 6203 W. Addison came on the market in April 2008- or about 860 days ago. Over that time period, both houses have been reduced $104,100. They have the bells and whistles of new construction including stainless steel appliances and granite counter tops in the […]

The 3-Bedroom Luxury Bucktown Condo: 1955 W. Cortland

This 3-bedroom top floor duplex up condo at 1955 W. Cortland in Bucktown was built with luxury in mind. It has 20 foot high ceilings in the living room and 3 outdoor spaces, including one deck measuring 20×18. There are no cherry cabinets here. The kitchen, according to the listing, has custom Italian cabinetry along with Viking appliances […]

We Love Private Roof Top Decks Right on the Drive: 3720 N. Lake Shore Drive in Lakeview

This 3-bedroom top floor unit at 3720 N. Lake Shore Drive in Lakeview is a rarity on the Drive as it’s in a small, intimate 4-unit building. Yet, the unit has many of the amenities of a larger building, including a private elevator. The vintage unit also has a dramatic staircase that leads to a private […]

Market Conditions: Tax Credit Blues as Chicago July Home Sales Sink 19.5% Year Over Year

July’s sales numbers were highly anticipated due to the expiration of the tax credits at the end of June. Similarly to other parts of the country, as the tax credit pulled sales forward in the spring, sales sank in Chicago, the Chicagoland area, and statewide in July. From the Illinois Association of Realtors: In the city of […]

2-Bedroom Vintage Beauty in Lakeview Sells: 817 W. George

We chattered about this 2-bedroom top floor unit at 817 W. George in Lakeview several times in the past few months. See the June 2010 chatter and pictures here. It had many of its vintage features still intact including built-in bookcases and a dining room hutch, beamed ceilings and stained glass. But it also had […]

Overseas Owner Still Wants Out Over 2 Years Later: 60 W. Erie in River North

We first chattered about this huge 2-bedroom unit at 60 W. Erie in River North in March 2008. See our March 2008 chatter here. Back in 2008, the listing said the overseas owner wanted out. The unit has been on and off the market since then but apparently, according to the listing, the overseas owner still wants out. […]