Archive for March, 2011

How Low Will This 1-Bedroom Go? 1347 W. Eddy in Southport

This 1-bedroom at 1347 W. Eddy in the Southport neighborhood of Lakeview has been on the market since January 2011. In that time, it has been reduced $20,000. The unit is currently listed $89,100 under the 2008 purchase price. It is a Fannie Mae property and can be bought with as little as 3% down. […]

Selling a 3-Bedroom in Uptown 7 Years Later: 917 W. Belle Plaine

This 3-bedroom unit at 917 W. Belle Plaine in Uptown recently came on the market for the first time in 7 years. The listing says it was a total gut rehab. While the building is a vintage building, very little of the vintage finishes remain. The unit has a bay window in the living room. […]

9-Months Later and Still No Sale on This Renovated 2-Bedroom: 820 N. Dearborn in the Gold Coast

Bought in November 2009 for 45% off the 2007 purchase price, this 2-bedroom townhouse at 820 N. Dearborn in the Gold Coast came back on the market in June 2010 completely renovated. See our prior chatter here. Since then, it has remained on the market and has been reduced just $20,000. The kitchen has been renovated […]

What Would You Pay for a 2-Bedroom Lakeview Garden Apartment? 1346 W. George

This garden 2-bedroom at 1346 W. George in Lakeview has been on the market since December 2010. It is bank owned. In that time, it has been reduced $50,000 and has gone under contract once (but was re-listed.) The unit is currently listed for 53% under the 2004 purchase price. From the pictures, it appears […]

The 3-Bedroom Vintage English Single Family Home Under $450K: 6136 N. Lenox in Edgebrook

This 3-bedroom single family home at 6136 N. Lenox in Edgebrook recently came on the market. It is a short sale and is listed $127,000 under the 2007 purchase price. Built in 1937, the listing says it is the English architectural style. The living room has a fireplace and a beamed ceiling. All 3 bedrooms […]

Contemporaine 3-Bedroom Short Sale Is 17% Off the 2005 Price: 201 W. Grand in River North

This 3-bedroom unit in the award winning Contemporaine at 201 W. Grand in River North has been on and off the market since April 2008. In that time, it has been reduced $336,000. It is now listed as a short sale at $186,000 under the 2005 purchase price. The 2221 square foot unit has floor […]

Selling a Penthouse in The Lancaster: 201 N. Westshore in Lakeshore East

This 3-bedroom penthouse in The Lancaster at 201 N. Westshore in Lakeshore East came on the market in December 2010. It’s apparently a short sale, even though the current list price is $579,500 more than the 2005 purchase price. The living/dining area has marble floors with hardwood in the bedrooms. The unit has 10 foot ceilings, […]

The New(er) Construction Arts & Crafts 4-Bedroom in North Park: 5719 N. Jersey

This 4-bedroom Arts & Crafts single family home at 5719 N. Jersey in North Park was built in 2007 along with three or four others that look just like it on adjoining lots. It was on the market in 2008 and 2009 and then withdrawn. The house recently returned and is now listed for $106,000 under the 2007 […]

From $138,000 to $849,000 Just 8 Months Later: 2334 W. Diversey in Logan Square

This 5-bedroom single family home at 2334 W. Diversey in Logan Square recently came on the market. It is a “new gut rehab” of a house that was in short sale last year. In 2010, the house was 3 bedrooms and 2.5 baths with a new roof put on in 2007. Today, it is a […]

Old Town Renovated 2-Bedroom Vintage Home on the Market Again: 240 W. Willow

We’ve chattered about this 2-bedroom vintage single family home at 240 W. Willow in Old Town several times over the years. Read our July 2009 chatter here. Built in 1873 on a 25×100 lot, the home was renovated in 2008. The kitchen has white cabinets, granite counter tops and Viking appliances. It used to be […]