Archive for January, 2012

Portage Park 2-Flat Is Now a Short Sale and Reduced $100K: 5341 W. Berteau

We’ve chattered about this Portage Park 2-flat at 5341 W. Berteau several times over the last year. See our September 2011 chatter here. Back then, it was listed for $450,000 which all of you thought was too high to cash flow. Someone guessed that it would be more attractive around $350,000. Since then, the property […]

This Bank Owned 2-Bedroom River Village Townhouse Just Reduced Under $300K: 932 N. Crosby

This 2-bedroom townhouse in River Village at 932 N. Crosby in River North/Gold Coast??? (what neighborhood is this?) has been on and off the market since September 2010. It is now bank owned but the bank can’t sell it. Listed in mid-December for $324,000, the bank recently threw in the towel and cut the price […]

From a List of $5.3 Million to $2.999 Million and Bank Owned in 2 1/2 Years: 53 E. Division in the Gold Coast

We last chattered about this renovated 1910 Georgian mansion at 53 E. Division in the Gold Coast in September 2010. See our prior chatter here. Back in 2010, most of you thought it was overpriced (surprise!). Some of you also didn’t like that it was on Division Street, although this location it is not really […]

It’s Back! 3 Months Later 1104 W. Montana in Lincoln Park Returns After a Complete Renovation

We have chattered about this 2-bedroom in this courtyard building at 1104 W. Montana in Lincoln Park several times over the years. See our prior chatter in June 2011 when we discussed Chicago’s shadow inventory here. Back in June, anonny said this about why the unit, which was in a short sale, wasn’t selling at a list […]

A New Year But No Price Reductions For This 6-Bedroom Gold Coast Mansion: 1538 N. Dearborn Parkway

We last chattered about this 6-bedroom vintage Gold Coast mansion at 1538 N. Dearborn Parkway in March 2011. See our prior chatter here. 10 months ago, it had a broken window in front and was sitting on the market with absolutely no price reductions. Flash forward to the new year- and it is STILL on the […]

Dreaming of a Queen Anne Mansion in Lincoln Park? 634 W. Fullerton Parkway

This 7-bedroom Queen Anne at 634 W. Fullerton Parkway in Lincoln Park came on the market in October of 2011. It seems to have it all. The listing says it has been “completely rebuilt” so even though it dates back to 1880, it has a modern interior. The 7 bedrooms are spread out on the […]

“Bored By Modern $2M Box Construction?” 1137 N. Hoyne in the Ukranian Village

  This vintage 2-flat at 1137 N. Hoyne in the Ukranian Village has been on and off the market for nearly 3 years. In that time, it has been reduced $600,000. Built in 1885 on a corner lot measuring 48×104, it has had some of its mechanicals updated including electric. Many of the vintage features […]

If They Build It You Will Buy It: 2-Bedroom for $474,900 at 1022 W. Diversey in Lakeview

This new construction 3-unit building at 1022 W. Diversey in Lakeview has just put its first unit on the market. It is on the border of Lakeview and Lincoln Park with the Diversey Brown Line stop just steps away. The unit has luxury finishes including Viking and Bosch appliances. It also has marble baths. Parking […]

We Love 3-Bedroom River North Penthouses With Huge Private Terraces for Under $800K: 600 N. Dearborn

This 3-bedroom duplex penthouse in The Farallon at 600 N. Dearborn in River North came on the market in November 2011. Since then, it has been reduced $36,000 to $799,000. The Northeast corner unit has 2500 square feet of living space plus 1325 square feet on the private terrace. The listing says it has new […]

Get A 2-Bedroom Edison Park Townhouse for Under $190K: 6442 N. Oketo

This 2-bedroom townhouse at 6442 N. Oketo in Edison Park came on the market in November 2011. It is just a short walk to the Metra and the Olympia Park. Both bedrooms on are on the second floor. It also has a full, unfinished basement on a 25×125 lot. The kitchen has white cabinets and […]