Archive for September, 2011

Rehabbing a 4-Bedroom Vintage Brick Bungalow in Jefferson Park: 4879 N. Mason

This rehabbed 4-bedroom vintage brick bungalow at 4879 N. Mason in Jefferson Park came back on the market in July 2011. It had been bank owned the summer before. Built in 1922, the bungalow has been completely rehabbed from a 5-bedroom home into a 4-bedroom home with a finished basement. The second story, which previously […]

From a List of $6.2 Million in 2009 to $2.75 Million in 2011: 2461 N. Geneva Terrace in Lincoln Park

We last chattered about this 6-bedroom 2007 construction mansion at 2461 N. Geneva Terrace in Lincoln Park in May 2009 when the seller was trying to sell it for $6.2 million OR rent it out for $18,000 a month. See our prior chatter here. Since that time, a lis pendens foreclosure was filed against the […]

“3000 Sq. Ft. of Luxury” in the Fulton Market District: 1118 W. Fulton

This top floor 3-bedroom unit at 1118 W. Fulton in heart of the Fulton Market District in the West Loop has been on the market since April 2011. Now listed as a short sale, it has been reduced $169,000 in that time. The 3000 square foot unit has a second floor loft and 3 outdoor […]

Forget the Plain Vanilla 1-Bedroom and Get an Artist Loft Instead: 1535 N. Sandburg Village in the Gold Coast

This 1-bedroom Sandburg Village Artist Loft at 1535 N. Sandburg Village in the Gold Coast recently came on the market. It lives like a townhouse or rowhouse with a private front door entrance. Built in 1978 along with the rest of Sandburg Village, the glass living room ceiling is the unit’s most unique feature. The kitchen and […]

Market Conditions: Lots of New Construction Condos Still Available

Crain’s must be reading our minds as many of us have recently been wondering, “how many units are still available in those new construction buildings?” As many have reported from the “lights on in the building at night” test, it appears that sales definitely are slow at many of the new high rise condo buildings. Twenty-eight downtown projects […]

Andersonville 2-Bedroom Duplex With 27 Windows Reduces Again: 1654 W. Berwyn

We have chattered about this 2-bedroom duplex up at 1654 W. Berwyn in Andersonville several times over the past six months. See our June 2011 chatter here. It has reduced another $15,900 and is now listed at $330,000. In June, some of you thought it would sell around $325,000 but others thought a number under […]

Looking for a Unique 2-Bedroom Condo? 1408 W. Belden in Lincoln Park

This 2-bedroom duplex-up condo at 1408 W. Belden in Lincoln Park has been on the market since June 2011. The building was constructed in 1881. The first floor has 12 foot ceilings with two living rooms (one of which is being used as a family room) and exposed brick. The second floor has ten foot […]

4-Bedroom “Modernist Dream” Sells for $130,000 Under the 2005 Price: 915 N. Wolcott in the East Village

We last chattered about this contemporary Studio Dwell designed 4-bedroom single family home at 915 N. Wolcott in the East Village in June 2011. See our prior chatter here. Most of you loved this house. But we still debated about whether this home would sell for under its 2005 price of $1.38 million (and whether a […]

Trying to Sell a 3-Bedroom in Trump Tower Just 10 Months Later: 401 N. Wabash in River North

This 3-bedroom 67th floor unit in Trump Tower at 401 N. Wabash in River North just came on the market. Crain’s recently had a tidbit about it in its Chicago Real Estate Daily because the seller only bought it 10 months ago – in December 2010. Two doctors put their condo in the Trump International Hotel […]

Nearly 3 Years Later, 2-Bedroom From 1920s Paris Is Still On the Market: 50 W. Schiller in the Gold Coast

We last chattered about this 2-bedroom vintage duplex in the Andrew Roberi designed building at 50 W. Schiller in November 2008. See our 2008 chatter here. Listed in 2008 for $679,000, some of you thought it would sell for around $550,000. Since then, it has been reduced $84,000 to $595,000. Described back then as feeling like Paris […]