Archive for July, 2011

From “As-Is” 2-Bedroom to Completely Remodeled 4-Bedroom in Avondale: 3122 N. Spaulding

The biggest story of Chicago’s real estate market in 2011 appears to be the number of  single family homes that are being bought, remodeled, and then re-listed at much higher prices such as this 4-bedroom home at 3122 N. Spaulding in Avondale. Built in 1888 on a standard 25×125 lot, the frame house had been […]

This Southport 5-Bedroom House Just Sold For Double the 1996 Price: 3531 N. Bosworth

We last chattered about this 5-bedroom single family home at 3531 N. Bosworth in the Southport neighborhood of Lakeview in January 2011. We debated how much profit a seller could make who had been a long-term owner of a property (which we seldom see these days) as the seller of this house had owned it for 15 […]

Are the Paramount Lofts the Best Deal in the West Loop? 1645 W. Ogden

This 2-bedroom loft in the Paramount Lofts at 1645 W. Ogden in the West Loop came on the market in June 2011. Like many of the units on the market in the building, it is currently a short sale. The Paramount Lofts were converted in 2006. It is a doorman building with 207 units. East […]

5-Bedroom New Construction Contemporary Reduces Another $301,000: 2643 N. Magnolia in Lincoln Park

We last chattered about this 6000 square foot new construction single family home at 2643 N. Magnolia in Lincoln Park a year ago. See our July 2010 chatter here. At that time, it was priced at $3.2 million. Many of you thought it was overpriced compared to what else was also available in Lincoln Park […]

Renovated Hancock 2/2 Has Been Reduced $50,000: 175 E. Delaware in the Gold Coast

We last chattered about this completely renovated contemporary 2-bedroom on the 69th floor of the John Hancock at 175 E. Delaware in the Gold Coast in April 2011. See our prior chatter here with the before and after pictures of the renovation. Back in April, some of you simply didn’t like the Hancock at all […]

Bank Owned 1-Bedroom at 546 W. Surf in Lakeview Sells For $7500 Above the List

We last chattered about this bank owned 1-bedroom at 546 W. Surf in Lakeview in April 2011 after it had just had a “drama” reduction in its price from $129,900 to $72,500. See our prior chatter here. In that time- some of you have updated its status in the comments section as it went under […]

Graceland West 2-Bedroom Now $35,000 Under the 2001 Price: 4017 N. Southport

We last chattered about this 2-bedroom at 4017 N. Southport in the Graceland West neighborhood of Lakeview in May 2011. See our May 2011 chatter here. The unit was then listed for $11,000 under the 2001 purchase price at $229,000. With central air, an in-unit washer/dryer and deeded parking included, many of you thought it […]

We Love Duplex Up 3-Bedrooms With Rooftop Decks: 3453 N. Racine in Lakeview

This 3-bedroom duplex up at 3453 N. Racine in Lakeview has been on the market for a year. In that time, it has been reduced $89,900. The living room has 25 foot vaulted ceilings. Two of the 3 bedrooms are on the main level with the third on the second level- which is currently being […]

Does Parking Matter? A 2-Bedroom Cottage at 3908 N. Paulina in Lakeview

Even though this 2-bedroom cottage at 3908 N. Paulina in Lakeview has been on and off the market for about 2 1/2 years, we actually haven’t chattered about it. Originally listed in February 2009, it has been reduced $117,900. The house has hardwood floors throughout the first level. The bedrooms are split, with one on […]

Lincoln Park Vintage 3-Bedroom Sells 18 Months Later: 2535 N. Orchard

We last chattered about this vintage 3-bedroom at 2535 N. Orchard in Lincoln Park in July 2010. See our July 2010 chatter here. The unit was then priced at $424,500. A year ago, many of you believed the price was pretty close to being right for a 3 bedroom, 1.5 bath unit in that location. […]