Crib Chatter

This 2-bedroom unit at 2145 N. Racine in Lincoln Park has been on the market since April 2010. In that time it has been reduced $49,500. It is now listed $25,500 under the 2006 purchase price. Built in 2006, the building is on an extra wide 28×125 lot. The unit has a unique 250 square […]

Crain’s is reporting that the bank will attempt to sell unsold condo units at the 2930 and 3033 N. Sheridan conversion buildings in Lakeview in bulk to an investor. North Community Bank has taken over two stalled condo conversion projects in Lakeview and plans to sell the unsold units in bulk. An investor likely will […]

The Chicago Tribune sees signs of optimism in the spring selling season. While the results of February existing-home sales, released Monday, were as dismal as expected, the number of contracts signed during the month was at its highest level since April, when a homebuyer tax credit was propelling the market. Additionally, there are stories of […]

This 3-bedroom single family home at 1519 N. Wicker Park in a prime location on Wicker Park just came on the market. It is a short sale. The listing simply says the property “needs updating.” All 3 bedrooms are on the second floor and the house has central air. Built on a standard 25×125 lot, […]

This 2-bedroom townhouse at 1920 N. Maud in the Clybourn Corridor in Lincoln Park has been on the market since October 2009. In that time, it has been reduced $75,200. The townhouse was built in 1987 and has four levels with the master suite on its own floor. The kitchen has white cabinets, granite counter […]

We’ve often chattered about 3-bedroom duplex down units but more elusive are the 3-bedroom duplex up unit such as this one at 2651 N. Orchard in Lincoln Park. Originally listed in September 2010, it has been reduced about $10,000 in that time. It is now listed $9,600 under the 2007 purchase price. Built in 2000, […]

This 3-bedroom single family home at 3352 N. Marshfield in Lakeview just came on the market. Is this Roscoe Village? Or Southport? Or neither? Either way, it is steps to the Whole Foods, Wishbone and assorted other restaurants, bars and activities. The listing says the house has an open loft like first floor layout. The second […]

Thanks to the tipster who directed me to this 6-bedroom vintage mansion at 1538 N. Dearborn Parkway in the Gold Coast. On the market since August 2008, it has been reduced $990,000 in that time. According to the listing, the 6000 square foot house had a “historically correct” complete renovation. Built on a 25×125 lot, […]

The Illinois Association of Realtors is out with the February sales data. As expected, sales continued to be weak, declining 13.8% year over year but median price actually rose slightly compared to last year. Also, for the first time, the IAR broke out single family home median prices (as compared to attached properties) in order […]

Crain’s reported last week that the 8-bedroom vintage mansion and coach house at 1432 N. State Parkway in the Gold Coast has finally found a buyer. We last chattered about the house in September 2010. See our prior chatter here. Developer Steven Fifield is moving back to Chicago, agreeing to pay $5 million for a […]