Crib Chatter

Yes, it’s still available and has been reduced again. We’ve chattered about this bank owned newer construction 2-bedroom at 3014 N. Sheffield in Lakeview several times. See our January 2011 chatter here. Since January, it was been reduced another $15,495. The unit is now listed 45% below the $499,000 2006 purchase price. If you recall, […]

This 2-bedroom unit in the Pointe 1900, at 1910 S. State, in the South Loop doesn’t have your typical new construction square box layout. As one of the turret units- it has a curved living room with multiple windows. It also has 2 balconies. The kitchen has stainless steel appliances and granite counter tops. The […]

As predicted from many on Crib Chatter, sales continued to be weak in January, falling 14% compared to January of 2009. The median price also fell 12.8% year over year. Median condo prices fell 14.6% year over year to $239,000. From the Illinois Association of Realtors: In the city of Chicago, January total home sales (single-family and […]

I normally don’t post about the Case Shiller home price index but since you were all talking about it and it’s THE big news on housing in the media, I thought you should have a place to discuss it. In case you didn’t hear, Chicago’s housing market once again ranked among the worst in the nation […]

This 2-bedroom in The Park Monroe at 65 E. Monroe in the Loop recently came on the market. The listing calls it a “pre-short sale”. The Park Monroe was a recent conversion of the top third of an office building into condos. The developer has not yet sold all of the units. This 2-bedroom unit was […]

This 3 bedroom loft style townhouse at 2222 N. Racine in Lincoln Park has been on and off the market since June 2009. In those 20 months, it has been reduced $90,000. At 2100 square feet, it has 16 foot high ceilings in the living room along with exposed brick and some timber ceilings. The […]

This bank owned 3-bedroom duplex down at 4616 S. Vincennes in the Grand Boulevard neighborhood on the South Side recently came on the market. It last sold in December 2006 for $325,000. The bank recently listed it for $14,900. The unit has cherry hardwood floors on the main living level with carpet in the lower […]

This 2-bedroom in The Montgomery, at 500 W. Superior, in River North has a layout that isn’t common in most newer condo units. The Montgomery was converted into condos in 2005. The southwest corner unit has 10 1/2 foot ceilings and a wall of windows stretching across the entire living/dining space. The kitchen has a […]

There’s been lots of chatter that, of course, sellers are losing money if they bought in the last 5 years but homeowners who bought 10 years or more ago should be fine. This 2 bedroom unit at 1525 W. George last sold in July 2001. At 1200 square feet, it has diagonal hardwood floors in the […]

Last week, the Daily Herald published statistics on the towns with the most and the fewest number of vacant housing units in the Chicagoland area. The data was compiled from the U.S. Census. According to the Census a “housing unit” could be: “a house, an apartment, a mobile home or trailer, a group of rooms, or a […]