Archive for August, 2012
Good News! The Pratt Mansion Is Under Contract: 2100 W. Pratt Blvd in West Ridge
We’ve chattered about this 112-year old mansion at 2100 W. Pratt Boulevard in West Ridge several times over the last few years. Our last chatter was in July 2012 after the bank took control of the property. See that chatter here. But there’s good news! After originally being listed in January 2011 for $2.45 million […]
Market Conditions: Remember The Catalyst? More Chatter About The Sizzling Apartment Market
High rise condo development might be dormant, but the apartment market is alive and well. From Crain’s: Marquette Cos. has taken control of Catalyst, a proposed 223-unit rental tower in at 630 W. Washington St., from developer Gary Rosenberg, who was facing foreclosure while trying to secure financing for the project, one of several planned downtown […]
Should You Rent Or Buy In Old Town? A 900 Square Foot 1-Bedroom At 1212 N. Wells
This 1-bedroom in the Neopolitan at 1212 N. Wells in Old Town just came on the market. It is a Fannie Mae Homepath property. From the listing pictures, it appears the kitchen and bath are intact. The kitchen has maple cabinets and black appliances. The unit has two balconies including what looks to be a […]
Market Conditions: Chicago Home Sales Jump 26.2% in July Year Over Year But Median Price Fell
Without further ado, the Illinois Association of Realtors released the July sales data yesterday: In the city of Chicago, July 2012 home sales (single family and condominiums) totaled 2,088, up 26.2 percent from 1,655 homes sold in July 2011. The city of Chicago median home sale price for July 2012 was $205,000, down 2.4 percent […]
2-Bedroom Wicker Park Loft House Reduces Another $20,000: 1275 N. Hermitage
We’ve chattered about this 2-bedroom single family home with loft features at 1275 N. Hermitage in Wicker Park several times. See our May 2012 chatter here. It was listed last fall and then withdrawn. The house then came back on the market in the spring at a slightly higher price. But since that time, it […]
How Much Does A New Kitchen Matter? 3118 N. Lincoln in Lakeview
This 3-bedroom penthouse at 3118 N. Lincoln in Lakeview has been on the market since June 2012. It last sold only 14 months ago, in June 2011. But the new listing includes a entirely new kitchen complete with floor to ceiling cabinets, slate floors, and a huge kitchen island with granite counter tops and a […]