Archive for November, 2010

Get a 2-Bedroom Loft for Under $100,000 in West Town: 2120 W. Grand

This large 2-bedroom loft at 2120 W. Grand in West Town is listed for $99,900. On the market since August 2009, it has recently come back on the market as a short sale. It has now been reduced $245,000 from the original August 2009 listing. They are accepting offers through November 15 with the highest and […]

Market Conditions: 32.9% of All Single Family Homes in Chicagoland Now Underwater

Zillow reports that in September 32.9% of Chicagoland single family homes with mortgages were underwater, up from 27.2% a year ago, and higher than just 3 months before, in June, where it was 30.9%. There was no separate data provided only for Chicago or for condos. Zillow did provide data on September home sales in […]

Get a 2/2 in Lakeview for 38% Off the 2004 Price: 525 W. Hawthorne

This 2-bedroom unit at 525 W. Hawthorne in Lakeview just came on the market. It is bank owned and listed for about 38% under the 2004 purchase price. The high rise building was constructed in 1969 but was converted to condos in 2003/2004. There are about 230 units. This is the cheapest 2-bedroom unit currently […]

This 3-Bedroom Is Larger Than Most Single Family Homes: 1429 W. Catalpa in Andersonville

This top floor 3-bedroom unit at 1429 W. Catalpa in Andersonville has more square footage than most single family homes at the same price in the neighborhood. At 3000 square feet, the listing says it is a combined unit. There are just 5 units in the vintage 1913 era building. It has a master suite complete […]

Property Tax Bills Are Out: Please Discuss

By popular demand, this is an open forum to discuss the recent property tax bills. Is there outrage or relief? Those of us renting have no skin in this game, but we’ll gladly follow along in the discussion. Please try and keep it civil.

West Loop Authentic Loft Sells for Under the 2002 Price : 417 S. Jefferson

We last chattered about this 2-bedroom loft in the Gotham Lofts at 417 S. Jefferson in August 2010 after it had been reduced $10,000. See our August chatter and pictures here. On the market not even 2 years after its last purchase, it sold in September 2010 for $38,500 under the 2008 purchase price. The […]

Get a 2-Bedroom Duplex Up for Under the 2004 Purchase Price: 159 W. Goethe in Old Town

Looking for something unique? This 2-bedroom duplex up at 159 W. Goethe in Old Town was recently reduced $10,000. It is now listed for $10,000 under the 2004 purchase price. The unit has exposed brick, a wood burning fireplace and wood trim as well as a spiral staircase leading to the second floor bedrooms. The listing […]

We Love Private Terraces (and 3 Kitchens): 474 N. Lake Shore Drive in Streeterville

This 4 bedroom unit at 474 N. Lake Shore Drive in Streeterville has 3 exposures: west, east and south so you have city and lake views. It also has a prime 800-square foot private terrace with a built-in grill, hot tub and Trex decking. Only units on the 16th floor have outdoor space in the […]

They Don’t Build Them Like This Anymore: 1522 W. Chase in Rogers Park

This 4-bedroom Prairie-style home with a wrap-around front porch at 1522 W. Chase in Rogers Park was built in 1916. Built on an oversized 50×150 Chicago lot, the house has most of its vintage features intact including bull’s eye molding, wood columns and cornices, curved leaded stained glass and Tiger’s Eye paneling in the dining […]

Are Prices Double Dipping in The Sterling? 345 N. LaSalle in River North

The Sterling, at 345 N. LaSalle, in River North once had the infamous title as the #1 foreclosure high rise condo building in the city. We’ve been chattering about the foreclosures and short sales in the building since Crib Chatter launched in September 2007. In the last 18 months to 2 years, while foreclosures continued […]