Crib Chatter

Crain’s recently reported on a recent bulk buy of condos in 757 N. Orleans in River North to an investor. Not surprisingly, the investor is going to wait out the downturn by renting the units. A Florida investor with foreign capital is diving into the Chicago condominium market, paying nearly $11 million for 39 unsold […]

We last chattered about this 2-bedroom single family home at 1275 N. Hermitage in Wicker Park in October 2011. See our prior chatter here. Some of you were concerned that the El was just a little too close for comfort. Others of you were obsessed by a picture of a naked man in one of […]

This 3-bedroom duplex down in Victorian Lane, a gated complext at 754 W. California Terrace in Lakeview came on the market in April 2012. It is a short sale. Two of the bedrooms are on the main floor with the third, and a family room, on the lower level. The listing says the spiral staircase […]

This 2-bedroom at 235 W. Eugenie in Old Town just came on the market. It is a HUD property and is listed for just $150,000. The listing says FHA financing is available and it is eligible for 203k (which is the FHA renovation loan.) There are no interior pictures of the unit so we have […]

This 2-bedroom at 474 N. Lake Shore Drive in Streeterville has been on the market as a short sale since April 2012. In that time, it has been reduced $11,000. It is being sold “as-is”. The unit has hardwood floors. The kitchen has black granite counter tops and black appliances. It has a washer/dryer in […]

We’ve chattered about this 3-bedroom vintage unit at 504 W. Barry in Lakeview several times. See our February 2012 chatter here. It’s now been on the market for 13 months. It’s been reduced $100,000 in that time period. If you recall, the 10-unit building was built in 1927. The old listing described it as a “gothic jewel.” […]

It’s common wisdom that those who bought property during the boom and are now trying to sell it are usually in for financial pain when doing so. But what about those who bought after the bust? (and I’m not talking about flippers/renovators who bought beaten down properties.) This 4-bedroom English Tudor at 6121 N. Forest […]

We actually didn’t chatter about this 2-bedroom rowhouse at 1818 N. Lincoln Avenue in Lincoln Park the last time it was on the market in 2010. I don’t know why we didn’t, but who can forget a vintage rowhouse where the listing says it was in “Martha Stewart’s Blueprint magazine”? According to the listing, this was […]

They sure knew how to build them in the 1920s. This 4-bedroom on the 7th floor of 442 W. Wellington in East Lakeview has been on and off the market since March 2008. The building was built in 1926 and has 23 units. The unit still has the original hardwood floors, a wood burning fireplace, […]

As we’ve already chattered about, April sales surged 19.4% compared to last year but was still under the tax goosed 2010 number. From the Illinois Association of Realtors: In the city of Chicago, April 2012 home sales (single family and condominiums) totaled 1,750, up 19.4 percent from 1,466 homes sold in April 2011. The city […]