Archive for September, 2011

Get 1636 Square Feet on Lake Shore Drive for Under $150,000: 3750 N. Lake Shore Drive

This 2-bedroom in the vintage co-op at 3750 N. Lake Shore Drive in Lakeview has been  on the market since April 2011. It is a short sale and is now listed for just $144,000. The building was built in 1926 and has the large room sizes and vintage features of its era including hardwood floors […]

Rogers Park 5-Bedroom American 4-Square Reduces $25,000: 1225 W. Pratt

We last chattered about this 5-bedroom American 4-Square at 1225 W. Pratt in Rogers Park in April 2011. See our prior chatter here. Listed at $525,000 in April, it has been reduced another $25,000. Built in 1903, it has a much sought after double lot measuring 50×139. However, if you’re a vintage lover, you’re in […]

“Multiple Offer Situation” Sells for $31,500 Over the List: 440 N. Wabash in River North

We last chattered about this bank owned 2-bedroom at Plaza 440 at 440 N. Wabash in River North in July 2011. See our prior chatter here. Listed at just $236,000, which included parking, the listing said it was a “multiple offer situation” Several of you argued that this was indeed a deal at $236,000 because you […]

Buy This Lincoln Park 2/2 for Under $260,000: 952 W. Altgeld

This top floor 2-bedroom at 952 W. Altgeld in Lincoln Park just came on the market. It is bank owned and listed at just $258,500. There are no pictures in the listing of the kitchen or baths so we don’t know if those are intact. The unit has central air but there is no mention of […]

2-Bedroom Wrigleyville SFH is Now Listed at $425,000: 3745 N. Seminary

We last chattered about this 2-bedroom single family home at 3745 N. Seminary in Wrigleyville in June 2011. See our prior chatter here. Since that time, it has been reduced $74,000. It is the third cheapest single family home for sale in Lakeview. If you recall, while it is marketed as a single family home, […]

Forget the TV Show; Live in the “Real” Playboy Mansion: 1340 N. State Parkway

In honor of the debut of the new television show called “The Playboy Club” on Monday (which actually is being filmed in Chicago) and that Playboy Magazine has decided to charge 60 cents for its October issue as it did in October 1960, just one year after Hugh Hefner bought the Playboy Mansion – I present […]

Graceland West 2/1 Sells for $108,500 Under the 2007 Price: 4017 N. Southport

We chattered about this 2-bedroom at 4017 N. Southport in the Graceland West neighborhood of Lakeview several times. See our July 2011 chatter here. In July, it had been reduced further and was listed at $205,000 but some of you thought it would sell for around $180,000. On the market for a year, it finally […]

Southport Is Hot! Tribune Says Rosie O’Donnell Is Buying in Lakeview

The Chicago Tribune is reporting that Rosie O’Donnell is apparently under contract on a house in Lakeview. Rosie O’Donnell, whose new Chicago-based TV debuts next month, is under contract to buy a 6,000-square-foot home in the Lakeview neighborhood, according to two sources. The home, which is listed for $2.5 million, is currently owned by a […]

Market Conditions: Are There Signs of a Turnaround in the South Loop?

Money Magazine is using the quick sale of a 3-bedroom townhouse at 1712 S. Indiana in July in the Kensington Park II development in the South Loop as an example of a sign of a “turnaround” in the real estate market. It was with some trepidation that Stephanie Kim and her husband, Brendan, 40 and 42, […]

West Town Contemporary Penthouse Now 14% Under the 2007 Price: 2145 W. Division

We last chattered about this 3-bedroom newer construction penthouse at 2145 W. Division in West Town in May 2011. See our prior chatter here. At that time, many of you liked the unit but thought it was overpriced at $699,000 and that it wouldn’t sell for more than $625,000. It has since been reduced to […]