Archive for November, 2010

1940s 5-Bedroom Tudor Back to the 1998 Price in Portage Park: 5501 W. Byron

We’ve seen prices roll back to 1999 levels in some neighborhoods but I believe this 5-bedroom tudor home at 5501 W. Byron in Portage Park is the first I’ve seen listed at the 1998 purchase price. It is a short sale. Built in 1940 on a 31×124 lot, the vintage brick tudor also has a 2-car garage. 2 out of the […]

Design Your Own Dream Loft in River North: 152 W. Huron

This full floor raw space at 152 W. Huron in River North is waiting to be built out. It is 4000 square feet with 14 foot ceilings and exposed brick. The loft is 45 feet across and has south, north and eastern views. There is also an elevator that opens directly into the unit. As you can see from […]

Market Conditions: Will Downtown Apartment Rents Soar in 2011?

Crain’s is reporting that due to too many people wanting to rent, and not enough willing to buy condos or other property, that there won’t be enough apartments to house all those who want to rent one downtown. The result? Downtown apartment rents are expected to jump anywhere from 8% to 10% in 2011. This despite a […]

Selling Within Months of Buying: 565 W. Quincy in the West Loop

This 2-bedroom unit appears to be the first re-sale in the new construction high rise 565 W. Quincy in the West Loop. It sold in July 2010 and apparently came back on the market just 2 months later, in September 2010. The corner unit is 963 square feet and has the new construction kitchen with […]

We Love Authentic Lofts: Get a Big 1-Bedroom at 1335 W. Altgeld in Lincoln Park

It’s not often we chatter about an authentic loft like this one in the Piano Factory Lofts at 1335 W. Altgeld in Lincoln Park because Lincoln Park just wasn’t as industrialized as other city neighborhoods. Converted into condos in the early 1990s, these lofts don’t skimp on space. With 10-foot high ceilings, this 1000-square foot 1-bedroom has […]

The 1-Bedroom Streeterville Short Sale: 550 N. St. Clair

This 1-bedroom at the newer construction modern highrise at 550 N. St. Clair in Streeterville was recently reduced and is now listed $100k under its July 2010 list price. It is also a short sale. This building was hot in pre-construction in 2005-2006 as it is only a block off the Mag Mile. It also had the “in” contemporary […]

After 3 Years on the Market, the Vintage Mansion at 629 W. Fullerton Finally Sold

We last chattered about this 5-bedroom vintage mansion at 629 W. Fullerton in Lincoln Park in February 2010. See our prior chatter here. It had 7,000 square feet of living space with all 5 bedrooms upstairs. It also had a 2-car garage, 4 fireplaces, central air along with a new DeGiulio kitchen. After about 3 […]

$80K Under the 2004 Price for this 6 Bedroom House: 1402 W. George in Lakeview

This 6-bedroom single family home at 1402 W. George in Lakeview has been on the market since June 2010. It has been reduced $210,000 in the last 6 months and is now listed $80,000 under the 2004 purchase price. The house has 11-foot ceilings and Brazilian cherry floors. The kitchen has granite counter tops, double […]

Vintage 2-Bedroom Back to the 1999 Price in Lakeview: 2831 N. Burling

This 2-bedroom unit at 2831 N. Burling in Lakeview just came on the market. It is bank owned and listed $103,100 under the 2005 purchase price. From the listing pictures, it appears that the kitchen and bathrooms are intact. The kitchen has white appliances and cabinets. It also looks like the unit has central air and […]

The $100k 1-Bedroom Condo in River North: 645 N. Kingsbury

How low will 1-bedroom condos go in River North? This 25th floor unit in the Admiral’s Pointe high rise at 645 N. Kingsbury is listed for just $100,000. It has already gone under contract. The 730-square foot unit has central air, in-unit washer/dryer and deeded parking included.  These are features not found in other low […]