Archive for August, 2010
This 4-bedroom home at 1215 W. Fletcher in Lakeview went under contract in just 9 days. The listing says the house has been “totally redone” and has a new kitchen and baths. The kitchen has white cabinets, stainless steel appliances and granite counter tops. 3 out of the 4 bedrooms are on the second level. […]
August 23rd, 2010 | Posted in Lakeview, Single family homes | 51 Comments
Maybe the New York Times has been reading this blog because today it is talking about what to expect from housing over the next few years and decades- a topic we’ve been bandying about recently: “There is no iron law that real estate must appreciate,” said Stan Humphries, chief economist for the real estate site […]
August 23rd, 2010 | Posted in Market Conditions | 137 Comments
This 4-bedroom unit in The Eddystone at 421 W. Melrose in Lakeview, was built in 1928, during the final hey-day of lake front construction in Chicago before the Great Depression ground everything to a halt. It has amazing vintage details from wood paneled walls, plaster ceilings, leaded glass, and original moldings. They don’t build them like this anymore. We last […]
August 20th, 2010 | Posted in Lakeview, Reductions | 49 Comments
We first chattered about this 1015 square foot 1 bedroom unit at the new construction luxury highrise 10 E. Delaware in the Gold Coast when it first came on the market as a flip in February 2010. See February 2010 chatter here. Back then, we were chattering about it being an $850k 1-bedroom. Now it is […]
August 20th, 2010 | Posted in Gold Coast | 62 Comments
Many buyers are eager to own a 3-bedroom duplex up such as this one at 1310 W. Fletcher in Lakeview versus the more common, and usually cheaper, duplex down. Recently, it seems like there have been more of the duplex ups on the market. This top floor unit has hardwood floors throughout and two outdoor […]
August 20th, 2010 | Posted in Lakeview, Short Sales | 82 Comments
Continuing our look at some properties outside the city limits… This vintage 3-bedroom Victorian at 3233 Cuyler in Berwyn is located in South Berwyn, which is the original development for Berwyn. Berwyn has the largest collection of bungalows in the nation, but it also sports a wide diversity of housing designs such as this 1903 Victorian […]
August 19th, 2010 | Posted in Single family homes, Western Suburbs | 39 Comments
This 2-bedroom authentic loft at the Gotham Lofts at 417 S. Jefferson was recently reduced $10,000. It is now priced $27,500 under the 2008 purchase price. The Gotham Lofts consists of 2 buildings and was a former manufacturing facility for the Western Electric Company that made switchboards and fire alarms. It was converted into lofts in 2000 […]
August 19th, 2010 | Posted in Lofts, West Loop | 30 Comments
This 5-bedroom house at 3311 S. Western Boulevard in McKinley Park is the most expensive single family home for sale in the neighborhood. Built in 1953, it is on a double lot measuring 54×130. Located just a couple of blocks from the orange line El stop, 3 of the 5 bedrooms are on the second […]
August 19th, 2010 | Posted in McKinley Park, Single family homes | 117 Comments
This 2-bedroom unit in the Lucien LaGrange designed high rise at 653 N. Kingsbury in River North has been on and off the market since January 2010. It is currently listed as a short sale and is priced $67,000 under the 2003 purchase price. The Northeast corner unit has floor to ceiling windows and a balcony […]
August 18th, 2010 | Posted in River North, Short Sales | 33 Comments
This 2-bedroom unit in the new construction high rise Walton the Park, at 2 W. Delaware, in the Gold Coast recently came on the market just 3 days after its previous closing. It is a larger corner 2-bedroom unit with a 7×7 den and floor to ceiling windows. The kitchen has stainless steel Viking appliances […]
August 18th, 2010 | Posted in Flips, Gold Coast | 57 Comments