Archive for October, 2010

Trying to Sell a 2/2 in West Town Near Hot Division Street: 1058 N. Paulina

This 2 bedroom unit at 1058 N. Paulina in West Town has been on the market since April 2010. It has been reduced $39,900. Built in 2001, the top floor unit has the newer construction kitchen with granite counter tops and stainless steel appliances. The listing says it also has marble baths. Located near the […]

The 3-Bedroom Lincoln Park Townhouse for Under $450K: 2610 N. Orchard

This 3-bedroom Lincoln Park townhouse at 2610 N. Orchard has been on the market since February 2010. It has now been reduced $30,000 (with the most recent reduction coming just this week.) Built in 1978, it has some unique features including exposed brick, skylights and a wood ceiling on the first floor. The listing says the […]

Market Conditions: Crain’s- No Bottom Yet For New Home Sales in Chicago

On the heals of the dismal September home sales report, Crain’s is reporting that new home sales continue to sputter and are on track for their 5th straight year of declines. Who knew things could get worse than 2009? Real estate industry consultant Tracy Cross at Tracy Cross & Associates says that for the entire […]

Unique Authentic West Town Loft Still Available 6 Months Later: 1012 N. Milwaukee

We last chattered about this authentic loft at 1012 N. Milwaukee in West Town in April 2010. See our prior chatter and pictures here. It has been reduced $25,100 in the last 6 months. The loft has a wall of windows along with diagonal hardwood floors. It has several exposed brick walls as well as […]

A 2-Bedroom Vintage Victorian House Reduced $50K in Lakeview: 1167 W. Eddy

This yellow Victorian house at 1167 W. Eddy in Lakeview has been on the market since August 2010. It has been reduced $50,000 since then. Built in 1893 on a standard 25×125 lot, the house has all the bells and whistles buyers look for including central air and a 2-car garage. The house has retained […]

Market Conditions: September Sales Plunge 26.9% YOY in Chicago

As expected, the September sales data was not good as sales in Chicago were down 26.9%, declined 22.4% in Chicagoland and fell 23.4% statewide compared to September 2009. Even the IAR isn’t really trying to “spin” this one. This is one of the more negative press releases I’ve seen from the IAR in awhile. From the […]

Lakeview Penthouse With Hot Tub Views of Wrigley Field Sells: 1131 W. Addison

We chattered about this newer construction 3-bedroom duplex penthouse at 1131 W. Addison several times in the last few months. See our early October 2010 chatter and pictures here. It recently sold for $100,000 under its original October 2009 list price and $22,000 under the 2007 purchase price. If you recall, the unit had a […]

The 4-Bedroom Victorian Under $1 Million in Lincoln Park: 847 W. Lill

This 4-bedroom Victorian at 847 W. Lill in Lincoln Park has been on the market since May 2010. It has not had any price reductions. Built in 1888 on a standard 25×125 lot, it has many amenities home buyers look for including central air and a 2-car garage. All 4 bedrooms are also on the […]

Market Conditions: Foreclosures Increasing in Chicago’s Most Exclusive Neighborhoods

Both the Chicago Tribune and the Sun-Times reported yesterday on the new foreclosure data compiled for Chicago and the Chicagoland area by the Woodstock Institute. Some of the data was for the third quarter and some of it was for the first 9 months. But what both articles point out is that foreclosures appear to […]

Old Norwood Park New(er) Construction Reduced $495K: 5692 N. New Hampshire

New construction single family homes have popped up in every neighborhood of the city including this 5-bedroom home at 5692 N. New Hampshire in Old Norwood Park. Located in the Old Norwood Park circle, it has all the bells and whistles of new construction but is set amidst an established neighborhood. Built in 2007, the house […]