Archive for February, 2011
Market Conditions: How Much Are Foreclosures Affecting the Upper Bracket?
The Chicago Tribune interviewed former Bears tight end Emery Moorehead, who has been a realtor on the North Shore since the mid-1980s. There is a lot of inventory in the upper bracket and we’ve chattered about reductions on million dollar properties in Chicago numerous times but the North Shore has even more inventory. According to […]
Will This Be the Third Sale in 3 Years for this New Construction Condo? 3512 N. Southport in Southport
We recently chattered about this 2008 newer construction midrise building at 3512 N. Southport in the Southport neighborhood of Lakeview because the penthouse unit came on the market. But back in September 2009, we chattered about a second floor unit in the building. See our prior chatter here. This 3-bedroom unit first sold in 2008 […]
Vintage 2-Bedroom Beauty on a Classic Lincoln Park Street: 2149 N. Seminary
This block of rowhouse condo units at 2149 N. Seminary is classic Lincoln Park. Built in 1895, this unit has tall ceilings, a fireplace, crown molding and a ceiling medallion in the living room. The kitchen is newer and has granite counter tops and stainless steel appliances. While there is an in-unit washer/dryer there is no deeded parking […]
4-Bedroom Historic Bucktown Cottage With Contemporary Flair Still Available: 2235 W. Homer
If you love the look of vintage but want contemporary finishes then this 4-bedroom historic home at 2235 W. Homer in Bucktown is for you. We have chattered about it several times, most recently in November 2010. See our prior chatter here. Since it was originally listed in June 2010 it has been reduced $50,100. Built […]
Get a Newer Construction 1-Bedroom in River North for Under $170K: 849 N. Franklin
This 1-bedroom unit in the Parc Chestnut at 849 N. Franklin in River North has been on the market since September 2010. In that time, it has been reduced $85,100. It is now listed $54,600 under the 2006 purchase price. The Parc Chestnut was a new construction mid rise in 2006. Some of the listings for […]
How Low Will They Go? A 2/2 With Parking for Under $125K in Lakeview: 3900 N. Pine Grove
We last chattered about The Coronado at 3900 N. Pine Grove in Lakeview in December 2009 when a 2/2 was on the market for $212,000. See our December 2009 chatter here. At that time, the unit, #708, was in short sale. It had a renovated kitchen and hardwood floors. Some of you thought the price of […]
Still Looking for a Buyer For This Renovated 1-Bedroom at 1450 N. Dearborn in the Gold Coast
We’ve chattered about this large vintage 1-bedroom at 1450 N. Dearborn in the Gold Coast several times before. See our April 2010 chatter here. In our last chatter, most of you who commented thought it was still overpriced. Since that time, it has been reduced another $39,100. According to the latest listing, it has also been featured […]
Own a Single Family Home Right on Lake Michigan: 7237 S. South Shore in South Shore
We last chattered about this 4-bedroom single family home at 7237 S. South Shore in the South Shore neighborhood in January 2010 (hm…wonder why it always comes up as a post in the dead of winter?). See our prior chatter and interior pictures here. Built on a 50×300 lot, the property has 2 PIN numbers, one of which […]