Archive for September, 2010

Forget the House, Live in a Tri-Level Condo Instead: 847 N. Hermitage in the East Village

This 3-bedroom unit at 847 N. Hermitage in the East Village neighborhood of West Town is a rare tri-level condo unit. Built in 1999, the listing says the unit has 27 windows and a private entry. The kitchen has granite counter tops and stainless steel appliances. 2 of the 3 bedrooms are on the lower level […]

We Love Authentic Lofts With Private Rooftop Decks: 3024 N. Lincoln in Lakeview

This 2-bedroom duplex loft in the Palace Lofts at 3024 N. Lincoln in Lakeview just came on the market. The Palace Lofts were one of the original conversion buildings- having gone condo way back in 1997. For that reason, many of the original features were kept intact with 17 foot to 30 foot ceilings, wide open […]

No Marketing Whatsoever: Simply “Sold As-Is”: 655 W. Irving Park Rd. in Lakeview

This 2-bedroom unit in Park Place Tower, the massive high rise at 655 W. Irving Park Road in Lakeview, has been on the market since August and recently reduced $10,750. It is bank owned. There are absolutely no pictures with the unit and no description other than “sold as-is.” So, we have no idea of […]

The Affordable Budlong Woods Townhouse Reduces $110K: 5252 N. Rockwell

We last chattered about this 3-bedroom townhouse at 5252 N. Rockwell in Budlong Woods in January 2010. See our prior chatter and pictures here. It was withdrawn from the market but has since come back on and it looks as if it is now a short sale. The townhouse has been reduced $110,200. It has a […]

Can This Vintage 3-Flat Be Saved? 2509 N. Halsted in Lincoln Park

This vintage 3-flat at 2509 N. Halsted in Lincoln Park has been on the market since March 2010. It has been reduced $30,000 in that time. The listing calls it a “charming property” but it is also available as a tear down to “create 3 upscale residential units and 1 commercial space.” It is apparently […]

Bank Owned Then Rehabbed: A “Win-Win Deal” In Lakeview? 536 W. Belmont

This 2-bedroom unit at 536 W. Belmont in Lakeview just came on the market after being bought from the bank. The listing says it’s been rehabbed and is now “priced under market.” The building was converted to condos in 2006 so the units have all the bells and whistles including new kitchen cabinets, granite counter […]

Southport 2-Bedroom Now Under the 2003 Purchase Price: 3515 N. Lakewood

We last chattered about this 2-bedroom vintage unit at 3515 N. Lakewood in the Southport neighborhood of Lakeview in February 2010. See our prior chatter here. Since then, the unit has been reduced $29,925 and is now listed for $11,000 under the 2003 purchase price. We chattered about how it could be a good first […]

We Love Authentic Lofts: Brick and Timber in Lakeview: 920 W. Sheridan

This 2-bedroom duplex loft at 920 W. Sheridan in Lakeview has all the features of an authentic loft. It has 20 foot high timber ceilings, lots of exposed brick along and arched windows. One of the bedrooms is duplexed up and open to the rest of the living space. The second bedroom is fully enclosed. The […]

Market Conditions: Chicago Sales Down 22.9% Year over Year in August; Price Declines Continued

The Illinois Association of Realtors just released the August city and statewide sales data and, as expected, sales plunged for the second month in a row primarily due to the expiration of the tax credits. In the city of Chicago, August total home sales (single-family and condominiums) were down 22.9 percent to 1,486 sales compared […]

An Un-Renovated Vintage 2-Flat Rowhouse in Old Town: 1624 N. LaSalle

This 4-bedroom rowhouse at 1624 N. LaSalle in Old Town was recently reduced $70,000. It is now listed for $125,000 under the 2005 purchase price. At 3600 square feet, it looks to currently be configured into two units. Unit #1: 1 bedroom, 1 bath Unit #2: 2 bedrooms, 2 baths I’m not sure where the […]