Archive for January, 2011

Trying to Sell a 5-Bedroom New Construction Home in West Town for Over 2 Years: 1513 W. Huron

This 5-bedroom new construction single family home at 1513 W. Huron has been on and off the market since July 2007. It now appears to be bank owned. Since July 2007, it has been reduced $625,000. From the pictures and the listing, it appears the kitchen is intact with stainless steel appliances and stone counter […]

You Said These New Construction Units Wouldn’t Sell: 1005 W. Webster in Lincoln Park

In March 2010 we debated whether this 6-unit new construction building at 1005 W. Webster in Lincoln Park signaled a market bottom in Lincoln Park. It was a rare new construction development and the price points for the 3-bedroom units started at $699,000 and went as high as $875,000. See our prior chatter and pictures here. Many of […]

How Low Will They Go? 1-Bedrooms Now Under $100K in 1620 S. Michigan in the South Loop

This bank owned 1-bedroom at 1620 S. Michigan in the South Loop recently came on the market. It is listed at $99,900, or $70,100, under the 2006 purchase price. It has hardwood floors, central air and washer/dryer in the unit. From the pictures, it looks like only the refrigerator is missing in the kitchen. There […]

Your Atrium and Private Roof Deck Just Got $54K Cheaper: 559 W. Surf in Lakeview

We last chattered about this 2-bedroom in The Green Brier at 559 W. Surf in Lakeview in September 2010. See our prior chatter here. At that time, it had just been reduced $50,000. One of you thought it would need to be reduced another $50,000 due to the higher assessments and taxes. Another thought it […]

The 3-Bedroom Duplex Down Greystone: 1849 N. Cleveland in Lincoln Park

This 3-bedroom duplex down unit at 1849 N. Cleveland in Lincoln Park has been on the market since April 2010. In that time, it has been reduced $30,000. The unit has crown molding and 2 fireplaces. The kitchen is open to the living area and has granite counter tops and stainless steel appliances. 2 bedrooms are […]

How Low Will They Go in 2625 N. Clark in Lincoln Park?

We’ve chattered about the 2005 high rise conversion at 2625 N. Clark in Lincoln Park several times over the last few years. I decided to post on it again because some of you were chattering about it in one of the other threads. Also, this 1-bedroom on the 7th floor was recently reduced another $14,000 […]

Bank Owned Vintage Penthouse With Roof Top Terrace Sells: 444 W. Belmont in Lakeview

We have chattered about this penthouse unit at 444 W. Belmont in Lakeview several times since it was first listed in August 2008. See our November 2010 chatter and pictures here. Back in 2008, Homedelete predicted it would sell under the 2000 purchase price of $383,000 (even though others vigorously disputed him.) He was vindicated […]

1-Bedroom Vintage Beauty in Edgewater Glen: 1439 W. Elmdale

This 1-bedroom vintage unit at 1439 W. Elmdale in Edgewater Glen recently came on the market for the first time in nearly 11 years. Located on the top floor in a courtyard building with 26 units, it has a full-sized dining room. The kitchen has been renovated and has white 42 inch cabinets, stainless steel appliances […]

Get 2000 Sq. Ft and 3 Bedrooms for Under $330K in Roscoe Village: 2115 W. Roscoe

This 3-bedroom bank owned unit at 2115 W. Roscoe, literally in the heart of Roscoe Village, has been on the market since September 2010. The bank has not been able to sell it. Originally listed at $439,000 in September, the bank has been dropping the price but got aggressive this week when it dropped the price $40k in […]

2-Bedroom Wrigleyville Victorian House Reduced Another $50K: 1167 W. Eddy

We last chattered about this 2-bedroom Victorian house at 1167 W. Eddy in Lakeview in October 2010. See our prior chatter here. At that time, no one really had an opinion as to what this might sell for. Nearly 5 months later, it has been reduced another $50,000. Built in 1893 on a standard 25×125 […]