Archive for January, 2011

Lake and Millennium Park Views for $64K Under the 2005 Price: 130 N. Garland in the Heritage

We last chattered about a short sale in The Heritage, the high rise at 130 N. Garland in the Loop in 2008. It wasn’t the last of the short sales, however, as this 3-bedroom unit recently came back on the market as a short sale after having been on and off the market since August 2008. […]

Does It Matter if Nate Berkus Lived Here? 1325 N. Astor in the Gold Coast

The Tribune’s Elite Street column is reporting that Nate Berkus has put his 3-bedroom vintage unit at 1325 N. Astor in the Gold Coast on the market. “Renovated in the 1940s by architect Samuel Marx, Berkus’ three- bedroom condo has been the subject of spreads in Elle Décor and Chicago magazine. One notable feature is […]

Get 4-Bedrooms in East Lakeview for Under $400K: 2948 N. Pine Grove

This 4-bedroom duplex up at 2948 N. Pine Grove in East Lakeview has been on and off the market since August 2009. After several reductions, it is now listed for $69,600 under the 2006 purchase price. Built in 1922, this vintage property has 3 bedrooms on the second floor and a formal dining room and […]

Market Conditions: Chicago Sales Slide 18.3% YOY in December

As predicted, sales continued to slide year over year into the end of the year with no tax credit or other incentives to get buyers off the couch. Median price also continued to fall. From the Illinois Association of Realtors: December home sales (single family and condominiums) for the city of Chicago totaled 1,444 sales, […]

Did a Price Reduction Get a Contract for this Streeterville Penthouse? 270 E. Pearson

This 3-bedroom penthouse in The Belvedere, at 270 E. Pearson in Streeterville has been on the market since March 2010. After price reductions totaling $251,000, including another $100,000 reduction just last week, the unit has now gone under contract. It is listed for $919,000 over the 2006 purchase price. The Belvedere is a luxury boutique condo […]

Buy a Piece of Wicker Park’s Vintage Grandeur: 2017 W. Evergreen

This 2-bedroom unit at 2017 W. Evergreen in Wicker Park recently came on the market. (sorry for the bad picture! It was taken last year- and I forgot how bad it was.) Located on the top floor of an 1880s vintage building, it has many vintage features from that era including 14 foot ceilings, inlaid […]

“The Market Is Brutal”: 1722 N. North Park in Old Town Finally Sells

We’ve chattered several times about this 5-bedroom renovated vintage house at 1722 N. North Park in Old Town over the last 18 months. See our October 2010 chatter here. Originally listed for $2.3 million in June 2009, we watched the price fall, and fall, and fall again. Still there was no sale. Located in a […]

Trying To Sell For 2 1/2 Years in Southport: 1446 W. Henderson

This 2-bedroom unit at 1446 W. Henderson in Southport has been on and off the market since July 2008. In that time, it has been reduced $114,900. It is now listed $32,000 under the 2005 purchase price. Located in a 3-unit building constructed in 1995, it is just a few blocks from the Southport restaurants/shops/bars as […]

We Love Large 1-Bedroom Authentic Lofts: 616 W. Fulton in the West Loop

This 1-bedroom loft in the China Club Lofts at 616 W. Fulton in the West Loop is one of the large authentic one bedroom lofts that were built in the 1990s. At 1000 square feet, it has both exposed brick, 14 foot high timber ceilings and diagonal wood floors. The kitchen has stainless steel appliances […]

A 3-Bedroom House Goes From Boarded Up to Rehabbed: 4110 N. St. Louis in Irving Park

This 3-bedroom single family home at 4110 N. St. Louis in Irving Park recently came on the market. It was bank owned in June 2010 and if you look at the prior listing pictures (which you can do if you’re registered with Redfin)- you’ll see that the two-story house was boarded up. Originally listed by […]