Archive for July, 2011

This Lakeview 3-Bedroom Sold for $53,000 Under the 2003 Price: 717 W. Briar

We last chattered about this 3-bedroom at 717 W. Briar in Lakeview in April 2011. See our prior chatter here. Listed $5,100 under the 2003 price at $379,900, only Bob took a swing at a selling price – guessing $355,000 because it included the parking. The property just sold for $332,000. That was also $108,000 […]

Market Conditions: G Is Vindicated! IAR To Restate Monthly Median Price and Volumes Data

As many of you know, the Illinois Association of Realtors provides both sales volumes and the median Chicago single family home and the median condo sales prices every month. Many regular readers of Crib Chatter know that there appeared to be some funny business with the Chicago monthly median sales prices cited by the Illinois Association of Realtors. […]

3-Bedroom East Village Single Family Home Reduces Further: 1040 N. Wolcott

We’ve chattered about this 3-bedroom single family home at 1040 N. Wolcott in the East Village neighborhood of West Town several times over the last year. See our December 2010 chatter here. Since it was first listed in April 2010, the house has been reduced $105,000. Back in December 2010, when it was listed at $719,900, […]

Forget the Cookie Cutter 1-Bedroom, Buy a Duplex Loft Instead: 2161 N. California in Logan Square

This 1-bedroom duplex up loft in the St. George Lofts at 2161 N. California in Logan Square (or West Bucktown- whichever you prefer) is a commuter’s dream as the California blue line stop is just a block away. The loft has authentic features including 15-foot timber ceilings and exposed brick as well as soaring windows. […]

Bank Owned 2/2 in River North Sells: 421 W. Huron

We last chattered about this bank owned 2/2 at 421 W. Huron in River North in April 2011. See our prior chatter here. At that time, it was listed at $365,000 including the parking but several of you thought it was still priced too high given the finishes of the unit, the high assessment and […]

Buyers Still Want New Construction: 825 N. Hudson in River North

This building at 825 N. Hudson, called “The Hudson”, at the corner of Hudson and Chicago Avenue in River North was built in 2007. This picture was taken from Chicago Avenue- so it shows the side of the building. It has 19 units. The units have been on the market since 2008. Out of those […]

Get a Condo in the Lakewood Balmoral Historic District: 5203 N. Magnolia in Andersonville

This 2-bedroom at 5203 N. Magnolia in Andersonville has been on the market since June 2011. The listing describes it as being located in the Lakewood Balmoral Historic District- which is made up predominantly of single family homes. Built in the arts and crafts style, the property still has many of its vintage features including […]

“Mega money flowing into the hood”: The 5-Bedroom Greystone at 4436 N. Paulina

We last chattered about this 5-bedroom vintage greystone at 4436 N. Paulina in Uptown in October 2010. See our prior chatter here. Much of the discussion centered on million dollar houses in Uptown. This house is located north of Montrose, which puts it squarely in west Uptown (as Gary pointed out in October- Ravenswood is […]

Portage Park 3-Bedroom Fixer Cottage Sold: 4947 W. Pensacola

I missed the closing in the spring on this 3-bedroom cottage at 4947 W. Pensacola in Portage Park. We chattered about it several times. See our November 2010 chatter here. It was an estate sale. Most of you thought- just from looking at the pictures- that it would need extensive renovation. At least one of you […]

Get a 2-Bedroom and Spectacular Views for Under $600,000: 155 N. Harbor Drive in the Loop

This 2-bedroom at Harbor Point, at 155 N. Harbor Drive, in the Loop (next door to Lakeshore East) has never ending views of Millennium Park, Grant Park, Monroe Harbor and the city skyline from its Southwest facing windows. Harbor Point is unmistakable, given its prominent location near Lake Shore Drive. Built in 1974, it is […]