Archive for May, 2012

A 2/2 Penthouse Short Sale at 37% Off the 2008 Price: 1720 S. Michigan in the South Loop

We’ve chattered about 1720 S. Michigan in the South Loop many times over the past several years. But this 2-bedroom penthouse on the 33rd floor just came on the market as a short sale. It is listed about 37% under the 2008 purchase price. There are no pictures with the unit so we can’t see […]

Does Having an Elevator Matter? A Top Floor 3-Bedroom at 612 W. Surf in Lakeview

This top floor 3-bedroom at 612 W. Surf in Lakeview has been on the market since March 2012. It recently reduced $14,000. It appears to have all the features buyers look for including central air, a side-by-side washer/dryer and parking (not a garage, but it does have a space.) The unit has 10 foot ceilings […]

Just How Hot Is The Market? Trying To Sell a 1-Bedroom Duplex 8 Months Later: 505 N. McClurg in Streeterville

This 1-bedroom duplex in the ParkView at 505 N. McClurg in Streeterville just came on the market. It is a unique property because it is one of only a few townhouse-like duplexes separate from the high rise portion of the building that overlook the 2-acre park and the swimming pool. It has 20 foot ceilings and 2 […]

Back to the 1999 Price for this Bank Owned 3-Bedroom SFH in North Center: 4332 N. Bell

This 3-bedroom single family home at 4332 N. Bell in North Center (as it’s just south of Montrose) just came on the market. I don’t have a picture of it yet but I thought I’d better cover it since it might get snapped up by a developer quickly. It is bank owned. It is listed […]

14 Months Later, Renovated Hancock 2/2 Is Still Looking For a Buyer: 175 E. Delaware in the Gold Coast

We’re still chattering about this renovated 2-bedroom in the John Hancock at 175 E. Delaware in the Gold Coast. Last February, you’ll recall, the price was actually RAISED by $100,000 even though the unit had been on the market about a year already. See our February 2012 chatter here. But never fear, it is now […]

Investor Alert! Get a Lakeview 2-Flat For Under $360,000: 1614 W. Roscoe

This 2-flat at 1614 W. Roscoe in Lakeview has been on and off the market since July 2006. I actually took the picture above about 2 years ago but just never wrote on the property. But it has remained on the market and has just reduced again to $359,000 so I thought I’d finally cover […]

A Dream Come True? You Can Buy a 4-Bedroom SFH in Old Edgebrook For Under $530K: 6312 N. Louise

    I get lots of requests for houses in Historic Old Edgebrook, the quirky, and exclusive, neighborhood next to a golf course and forest preserve in Edgebrook. There is plenty of choice right now including this 4-bedroom colonial at 6312 N. Louise which just came on the market. Built in 1963, it has 2840 square feet […]

Trying To Sell The 3/3 Duplex Down 3 Years Later in Lakeview: 3709 N. Ashland

This 3-bedroom duplex down at 3709 N. Ashland in Lakeview came on the market in March 2012. At 2800 square feet, it is larger than many townhouses in this price point in the neighborhood. It has upgrades such as Brazilian cherry floors on the main level. The kitchen is described as a “chef’s kitchen” with a […]

Attention Investors: Get a 1-Bedroom in East Lakeview For Just $103,000: 626 W. Waveland

This 1-bedroom at 626 W. Waveland in East Lakeview has been on the market since September 2011. It is bank owned. In that time it has been reduced $37,000. But it also appears to have been under contract at least twice- in February 2012 and in March 2012. The listing says “This one will go […]

Is It Now Cheaper To Buy Than To Rent This 2-Bedroom? 1245 W. George in Lakeview

We’ve been chattering a lot lately about the price differences between renting and owning. This 2-bedroom at 1245 W. George in Lakeview recently came on the market. It is 1100 square feet with high ceilings, exposed brick and hardwood floors. The kitchen has granite counter tops, stainless steel appliances and 42″ maple cabinets. It has […]