Archive for February, 2012

Can This 4-Bedroom Greystone Command $1.249 Million in Bowmanville? 1944 W. Farragut

This 4-bedroom greystone at 1944 W. Farragut in the Bowmanville neighborhood of Lincoln Square has been on the market since May 2011. The listing indicates it was formerly a two flat that was converted into a single family home. The house has 3 fireplaces, crown molding and a box ceiling in the living and dining […]

Market Conditions: Have Select Chicago Area Zip Codes Bottomed?

The Chicago Tribune is reporting on a phenomena that many have chattered about here on Crib Chatter: that some areas are seeing more sales than years past and decent, affordably priced properties are also selling quickly. Yet, the article says the improvements are coming in just 14 zip codes out of the entire Chicagoland area. And no- […]

If They Build It You Will Buy It: New 3-Bedroom Luxury Lincoln Park Condos at 2753 N. Lakewood

  This new construction mid-rise with an elevator at 2753 N. Lakewood (at the corner of Lakewood and Diversey) in Lincoln Park was recently completed. It has 6 three-bedroom units each with indoor parking. The model currently on the market is 1480 square feet on one level. It has luxury finishes including a tray ceiling. The kitchen has white […]

Looking for an East Lincoln Park Townhouse Under $425K? 515 W. Belden

This 2-bedroom townhouse at 515 W. Belden in East Lincoln Park came on the market in October 2011. In that time, it has been reduced $10,000 to $419,000. Built in 1968, it has the features buyers are looking for including central air and parking. It has 2 wood burning fireplaces, including one in the master bedroom, […]

Even 2009 Purchases Are Now Going Short Sale Like This 1-Bedroom at 321 S. Sangamon in the West Loop

If you thought short sales and REOs were reserved mainly for homeowners who bought at the peak of the housing bubble, think again. This 1-bedroom in the Lofthaus at 321 S. Sangamon in the West Loop just came on the market. It is a short sale and is now listed 44% under the September 2009 […]

The Price Has Been Raised $100K On This Renovated 2-Bedroom in The Hancock: 175 E. Delaware

We’ve chattered about this renovated 69th floor 2-bedroom in the John Hancock Center at 175 E. Delaware in the Gold Coast several times in 2011. See our November 2011 chatter here. Originally after a complete renovation, in March 2011, for $649,770, the unit had been reduced to $525,770 by the end of 2011. It then […]

Just 7 Months Later, 3 Bedroom SFH in the East Village Is Back! 1040 N. Wolcott

We’ve chattered about this 3-bedroom single family home at 1040 N. Wolcott in the East Village neighborhood of West Town several times over the years. See our July 2011 chatter here. The last time we chattered about it, in July 2011, “Andrew”, who claimed to be the owner, chimed in that they were pulling the house off […]

Hidden North Center “Crib” With Rooftop Basketball Court Has Reduced $955K: 3540 N. Ravenswood

We last chattered about this 6-bedroom single family home at 3540 N. Ravenswood in North Center nearly two years ago, in March 2010. See our prior chatter here. Most of you loved the house and said if you won the lottery you were buying it. Yes- it’s a true “crib.” Built in 2007 on a 50×125 […]

Get 3-Bedrooms and Lake Views for Under $410,000: 2500 N. Lakeview in Lincoln Park

  This 3-bedroom at 2500 N. Lakeview in Lincoln Park has been on the market nearly 2 years. It is a wraparound corner unit with lake and Lincoln Park views. The building was built in 1974 and has a doorman and an outdoor pool. Yes, the unit has pink carpet. It doesn’t have to stay! […]

Are Property Price Declines Mirroring Case-Shiller? 1929 W. Irving Park in North Center

This 3-bedroom at 1929 W. Irving Park in North Center has been on the market since October 2011. (It is the vintage building in between the two new construction buildings in the picture above.) It is bank owned and is currently listed for 34% under its 2004 purchase price. According to Case-Shiller, Chicago prices have declined […]