Archive for November, 2011

Get a 2-Bedroom On Lincoln Park for Under $300K: 345 W. Fullerton Parkway

This 2-bedroom at 345 W. Fullerton Parkway (I believe one of the buildings is also 357 W. Fullerton) in Lincoln Park has been on the market since September 2011. It has had some updates including a kitchen with stainless steel appliances and quartz counter tops. There are hardwood floors throughout the main living area. The unit is […]

Luxury Lincoln Park 2-Bedroom Reduces Again: 2757 N. Lincoln

We last chattered about this 2-bedroom at 2757 N. Lincoln on the border of Lincoln Park and Lakeview in July 2011. See our prior chatter here. Back then, the unit was a short sale and listed at $429,000. That was 18% below the prior 2007 purchase price. Some of you thought this would sell for around […]

Will 4-Bedroom Row Homes Just Under $1 Million Sell in West Lincoln Park? 1500 W. Montana

Crain’s is reporting that Belgravia is under contract on lots in the 1500 block of West Montana in West Lincoln Park. The developer plans to build 14 four bedroom rowhomes on the properties and price them at just under $1 million each. Belgravia Group Ltd. last week signed a contract to buy 14 vacant lots on […]

Is $300,000 the New Normal for a 2/2 in River North? 200 W. Grand

A year or two ago, bank owned 2-bedroom units in prime neighborhoods would sell fairly quickly. Not anymore. This 2 bedroom in the newer construction high rise at 200 W. Grand in River North has been on the market since August 2011. It has also been reduced $30,100 to $339,900 and still there are no […]

Market Conditions: More Chicago Area Homeowners Are Underwater

Zillow is reporting that 46% of single family homes with a mortgage in the Chicago area (not only the city) were underwater in the third quarter. This is up 9% from the second quarter and also up from the third quarter of 2010. From the Chicago Tribune: “I didn’t think this was a particularly bad […]

The New Crib Chatter Is Finally Here!

In case you  haven’t noticed, the new web site has launched. Whoo-hoo! I took many of your criticisms and complaints to heart when putting it together.  But keep in mind there will be glitches and some kinks that still need to be worked out. Don’t like something?  Or find that it’s not easy to use? Please let me […]

Looking for a Big Authentic 1-Bedroom Loft For Under $180K? 1322 S. Wabash in the South Loop

This 1-bedroom loft in the Filmwork Lofts at 1322 S. Wabash in the South Loop has been on the market since March 2011. In that time, it has been reduced $96,000 to $179,000. The loft has 11-foot high ceilings and exposed brick. It also has south and west exposures and a 12×11 “den”. The kitchen has […]

From Historic Mansion to Condos on Lincoln Park: 3030 N. Lake Shore Drive in Lakeview

We recently chattered about the listing of the Theurer-Wrigley Mansion at 2466 N. Lakeview in Lincoln Park and several people mentioned the possibility of the house being split into condos because it might have a better chance of selling. See that chatter here. That is apparently exactly what has happened to the Meeker Mansion at 3030 N. Lake Shore […]

Renovated East Lakeview 1-Bedroom Sells In 4 Months: 546 W. Surf

We chattered about this 1-bedroom at 546 W. Surf in East Lakeview several times because it was originally bank owned, sold, and then came back on the market completely renovated. See our August 2011 chatter about the rehab here. On the market a little over 3 months, the unit recently sold for $145,000 (according to […]

Selling a 3/3 Duplex Down Less Than 2-Years Later in West Town: 1803 W. Thomas

This 3-bedroom duplex down at 1803 W. Thomas in the East Village neighborhood of West Town recently came on the market. It last sold less than 2 years ago, in January 2010. It is a rare 3 bedroom that also has 3 baths (which have heated floors). 2 of the bedrooms are on the main […]