Archive for October, 2010

Market Conditions: 10 Years of High End Inventory in South Barrington/Barrington Hills

Someone at Crain’s must be reading our minds (and our recent discussion) about how much inventory is on the market in the million dollar category. The answer? A lot. Crain’s defines the “high-end” to be $1.5 million and above. I think we were chattering about houses over $1 million the other day. But even above […]

Buying on Historic Prairie Street in the South Loop for Under the 2005 Price: 1843 S. Prairie

This 3-bedroom townhouse at 1843 S. Prairie in the South Loop has been on and off the market for 30 months. Originally listed in April 2008, it is now being marketed as a “short sale”. Part of the “homes of the Commonwealth” built in 2005 to replicate the feel of the old historic Prairie street, […]

Selling a 5-Bedroom Greystone in Uptown: 4436 N. Paulina

This vintage 5-bedroom greystone at 4436 N. Paulina in Uptown has been on and off the market since May of 2009. It was recently reduced $100,000. Built in 1898, the listing says the first two floors have been renovated. 3 out of the 5 bedrooms are on the second floor with the master bedroom on […]

Penthouse Living in the China Club Lofts: 616 W. Fulton in the West Loop

This 2-bedroom duplex loft in the China Club Lofts at 616 W. Fulton in the West Loop was just reduced. It came on the market in May 2010 and has since been reduced $20,000 (parking was just included with the unit- which adds on another reduction.) The unit is missing some of the authentic loft […]

A 3-Bedroom Duplex Up for Under $350,000 in Wicker Park: 1632 W. Blackhawk

We’ve chattered about 3-bedroom duplex up units in Lincoln Park and Lakeview before but this one at 1632 W. Blackhawk is in Wicker Park. The listing says the unit was renovated in 2003. The kitchen has granite counter tops and stainless steel appliances. The bathrooms have granite and marble. All 3 bedrooms are on the […]

Get a 4-Bedroom Single Family Home in Lincoln Park for Under the 2001 Price: 2746 N. Racine

This 4-bedroom single family home at 2746 N. Racine in Lincoln Park, on the border of Lincoln Park and Lakeview, just returned to the market after it was listed earlier this year. Listed since January, it had been withdrawn in July. It has now been reduced $124,500 since January 2010. Built on a 25×124 lot, the house […]

A 3-Bedroom Spanish Bungalow in the Midst of Jefferson Park: 5749 N. Manton

Chicago architecture is anything but boring. Take this 3-bedroom spanish bungalow at 5749 N. Manton in Jefferson Park (on the border of Edgebrook.) Built in 1926, there is nothing else in this style in its immediate neighborhood. It has a spanish clay tile roof and what looks like its original spanish style fireplace in the […]

The $23,000 2-Bedroom Condo in West Town: 2606 W. Le Moyne

This 2-bedroom bank owned unit at 2606 W. Le Moyne in West Town (specifically- East Humboldt Park) just came on the market. It is listed for $22,770. No- that is not a typo. It originally sold in December 2007 for $276,500 so that is quite the discount. There are a few things a buyer should know, […]

How Close to the El Could You Live? 3408 N. Bosworth in Lakeview

This 3-bedroom vintage single family home at 3408 N. Bosworth in Lakeview has been on the market since April 2010. It would appear to have everything buyers are looking for. It has central air and a 2 car garage on a 25×125 lot. Built in 1877, it has some of its original features including stained […]

Market Conditions: Iconic Chicago Spire is (Apparently) No More

Crain’s is reporting that the Anglo Irish Bank has filed a $77 million foreclosure suit against the Chicago Spire developer Shelbourne Development which all but ends any hope that the Spire will ever be built as the tallest residential building in the world. Construction was halted 2 years ago at the site so it’s not […]