Archive for January, 2012

Trying to Sell a 3-Bedroom in the West Loop for 3 Years: 841 W. Monroe

This 3-bedroom corner unit at 841 W. Monroe in the West Loop near Greektown has been on and off the market for the last 3 years. In that time period, it has been reduced $79,000. Obviously, a lot of the properties on the market this time of the year are on the market for a […]

What Would You Pay for a Fixer/Lot in Historic Lakewood Balmoral? 5453 N. Magnolia

This 5-bedroom Victorian at 5453 N. Magnolia in the Lakewood Balmoral historic district in Andersonville has been on the market since May 2011. The listing says it is “not in move-in condition” (although when I walked by over the summer, someone was living in the property and you can see from the picture above that […]

Two Months Later, This 3-Bedroom SFH Under $550K is Still Available: 1911 W. Berenice in North Center

We last chattered about this 3-bedroom single family home at 1911 W. Berenice in North Center in November 2011. See our prior chatter here. I thought this might sell fast because: It was the cheapest single family home in the Bell school district, and It was the cheapest single family home in the Bell school […]

Are 3-Bedroom Units Holding Their Value Better? 705 W. Wrightwood in Lincoln Park

This 3-bedroom at 705 W. Wrightwood in Lincoln Park has been on the market since July 2011. We’ve chattered a lot about how the 1 and 2 bedroom condos in the GreenZone are getting beat up badly in this housing downturn. But some of you have argued that the 3-bedrooms are “holding up” better, in […]

18 Months and a $75K Reduction Later for This Sheperd’s Cottage: 2235 W. Homer in Bucktown

We last chattered about this 4-bedroom Sheperd’s Cottage at 2235 W. Homer in Bucktown in February 2011. See our February chatter here. We’ve chattered about this house several times, especially when there was another Sheperd’s Cottage on the market on the same block, at 2233 W. Homer, in 2011. The other house was a 3-bedroom (not […]

This Southport 3-Bedroom Is $50,000 Under the 2003 Price: 1400 W. Byron

We last chattered about this 3-bedroom at 1400 W. Byron in the Southport neighborhood of Lakeview in March 2011. See our prior chatter here. Our March 2011 chatter was interesting. Many of you thought this wasn’t a bad deal priced $5k below the 2003 purchase price of $390,000 even though it is a slightly below […]