Archive for August, 2011

From a List Price of $1.135 Million in 2009 to $675,000 in 2011: 1550 N. State Parkway

We last chattered about this 3-bedroom vintage unit in Benjamin Marshall’s 1550 N. State Parkway in the Gold Coast in May 2011. See our prior chatter here. Since that time, it has been reduced another $124,000 to $675,000. It is now a short sale and is listed 29% below its 2006 purchase price. If you […]

Trying to Sell a 2 Bedroom 3-Years Later in Lincoln Park: 1847 N. Cleveland

We chattered about a 3-bedroom duplex down in this building at 1847 N. Cleveland in Lincoln Park previously but a 2-bedroom unit in the same building also came on the market in the spring. It was last purchased in April of 2008. Originally listed in April of 2011 for $46,000 over the 2008 purchase price, […]

One Year Later, This Wrigleyville Victorian Sells for $181,900 Under the Original List: 1167 W. Eddy

We last chattered about this 2-bedroom Victorian single family home at 1167 W. Eddy in the Wrigleyville neighborhood of Lakeview in January 2011. See our prior chatter here. We have chattered about this house several times over the past year as it kept reducing. In January 2011, when it was still listed for $575,000, many […]

10 Years Later and Now $38,100 Under 2001 Purchase Price: 1525 W. George in Lakeview

We’ve chattered about this 2-bedroom at 1525 W. George in Lakeview several times over the past few months. See our May 2011 chatter here. We originally chattered about the property to see what happens to a seller who has owned for 10 years. The list price is now $38,100 under the 2001 purchase price. In […]

The Bank Loses Patience, Cuts This 3-Bedroom SFH By 31%: 2035 W. Hutchinson in North Center

This 3-bedroom newer construction single family home at 2035 W. Hutchinson in North Center has been on and off the market since October 2008. The bank took possession in May 2010 but hasn’t been in a hurry to sell it as the price was only cut once in those 15 months. But a few days ago, […]

We Love Condos With Terraces and Rooftop Decks: 955 W. Monroe in the West Loop

This 2-bedroom penthouse at 955 W. Monroe in the West Loop has not only a private rooftop deck but also a large 5×40 terrace off the living room. On and off the market since July 2010, the unit is currently listed $134,500 under the 2007 purchase price. The 12-unit building was constructed in 2007. The […]

Streeterville 1-Bedroom Foreclosure Sells For $18,988 Over Asking: 535 N. Michigan

We last chattered about this bank owned 1-bedroom at 535 N. Michigan in Streeterville in July 2011. See our prior chatter here. It had just come on the market for $89,900. But it was missing the kitchen and bathroom. It sold in less than a month for $18,988 above asking- at $108,888. That is still […]

After 2 Years on the Market, Now a Short Sale in Margate Park: 857 W. Ainslie

This top floor 2-bedroom at 857 W. Ainslie in the Margate Park neighborhood of Uptown has been on and off the market since June 2009. It is now listed as a short sale at $141,000 under the 2007 purchase price at just $229,000. Margate Park is commonly thought of as the area of Uptown north […]

If You Love Open Spaces, This 3-Bedroom Penthouse Is For You: 1740 W. Belmont in Roscoe Village

This 3-bedroom penthouse at 1740 W. Belmont in Roscoe Village (or Lakeview- if you want to call it that too at this location) came on the market in July 2011. It has loft-like features including exposed brick, columns and a wide open space encompassing the living/dining/kitchen. The unit has 2-outdoor spaces including a large terrace that fronts […]

The Modern 3-Bedroom Loft Near the U of C in Woodlawn: 6300 S. Woodlawn

This 3-bedroom duplex up loft at 6300 S. Woodlawn in Woodlawn has been on the market since February 2011. It is a short sale and in that time it has been reduced $70,100. Converted into lofts in 2007/2008, the unit has 21 foot ceilings in the main living area with concrete ceilings and exposed brick. […]