We chattered about this top floor 2-bedroom in The Cambridge at 3145 N. Cambridge in Lakeview several times over the last year. See our May 2011 chatter here. When it was priced in the $300,000s in 2010, some of you were surprised it hadn’t sold even though it didn’t have central air or parking. The […]
We last chattered about this 2-bedroom short sale in 2020 N. Lincoln Park West in Lincoln Park in early August 2011. See our prior chatter here. Clio had pointed out the unit in a prior chatter as being a “deal” as it was listed $106,000 under the 2007 purchase price. 3 weeks after we chattered about […]
This 2-bedroom loft in the Soda Pop Factory at 1001 W. Altgeld in Lincoln Park has been on the market since August 2011. In that time, it has reduced $41,000 to $359,000. The loft has 12 foot ceilings and exposed brick. The listing says the unit has had a “complete renovation”. The kitchen has 42 inch cabinets, stainless […]
Crain’s is reporting that the percentage of FHA loans fell 36% in 2010 from the year before in the Chicago area as lending standards tightened. In 2010, 12% of all Chicago-area home loans were FHA which was down from 18% in 2009. This is still a dramatic increase from the bubble years when FHA loans […]
We’ve chattered about this 2-bedroom townhouse at 1732 N. Mohawk in Old Town several times this year. See our August 2011 chatter here. The townhouse has actually been on the market for 2 years. It was recently reduced another $25,000. Back in August, a couple of you thought it would probably sell around $370,ooo to […]
This 4-bedroom single family home at 4043 N. Kenneth has been on the market nearly 2 years. First listed in January 2010 for $450,000, it has been reduced $75,000 and is now listed as a “short sale.” Built in 1920 on a larger than normal 33×125 Chicago lot, the bungalow has some vintage features like wainscotting. […]
This 2-bedroom at 1530 S. State in the South Loop has been on the market since September 2011. It is a Freddie Mac Homesteps property. The unit has been reduced $45,000 since September and is now listed $8,100 under the 2001 price (which was the original sales price for the unit.) It’s hard to tell […]