Archive for August, 2012

Forget The Boring White Box, Buy This 2-Bedroom Instead: 549 W. Belden in Lincoln Park

Tired of the boring white box new construction? Then this 2-bedroom at 549 W. Belden in Lincoln Park is for you. It is a top floor unit in a 20-unit vintage building built in 1892. The corner unit has tall ceilings in the living/dining area with a spiral staircase leading to a second level loft […]

Market Conditions: Downtown Rents Hit Record Highs But 7000 New Apartments Expected By 2014

Since the big debate recently has been renting versus buying (and what a deal it is to buy), I thought we should take a look at what is happening in the downtown apartment rental scene. I predicted a few years ago that we wouldn’t see a new condo high rise built in Chicago for 10 years. […]

5 Bedroom SFH On Huge Lot In The Villa Reduces Another $50K: 3625 N. Springfield

We’ve chattered about this 5-bedroom single family home on a double lot at 3625 N. Springfield in the historic Villa neighborhood of Irving Park several times. See our June 2012 chatter here. Last June, after it had reduced to $899,900, some of you thought it should list anywhere from $750,000 to the lower $800,000s in order […]

On The Market For 2 Years And Still Waiting For a Buyer in Old Irving Park: 3919 N. Tripp

This 3-bedroom single family home at 3929 N. Tripp in Old Irving Park has been on the market for 2 years. It is a short sale. This was new construction. The listing says it was built in 2005. There are no interior pictures of the house. The listing says there is a full basement and […]

How Hot Is Southport? This 3-Bedroom Condo Is Listed At $989,000: 3934 N. Janssen

This top floor 3-bedroom unit at 3934 N. Janssen in the Southport neighborhood of Lakeview just came on the market. The building was built in 2002. The building next to it that you can see in the picture above looks like townhouses. It has 2500 square feet on one level which includes a family room. The […]

After More Than 2 Years On The Market, This Wildwood 4-Bedroom SFH Finally Sells: 6924 N. Tonty

We last chattered about this 4-bedroom single family home at 6924 N. Tonty in the Wildwood neighborhood of Forest Glen in May 2012. See our prior chatter here. We had a lively discussion on whether this part of the city is really “the city”. As far as the house goes, several of you had been in […]

Buy A Foreclosure, Fix It Up And??? A 1-Bedroom in 3110 N. Sheridan in East Lakeview

This 1-bedroom at 3110 N. Sheridan in East Lakeview has been on the market since November 2011. Bank owned in 2009, it has been totally rehabbed with some interesting finishes we normally don’t see in one bedroom condos. It has heated slate floors. The kitchen has a Bosch dishwasher, a Monogram oven and a Traulsen refrigerator. Granite counter […]

Market Conditions: Are The Canadians Buying Up Chicago Real Estate?

We’ve all heard the stories of the Russians buying up trophy properties on the coasts. There have also been reports of the Chinese being big buyers in Vancouver. According to a survey taken in June by the National Association of Realtors, foreign national buyers made up 8.9%, or $82.5 billion, of the $928 billion spent on […]

Get a 1300 Sq. Ft. 2-Bedroom/2 Bath For Under $275,000 In Hamlin Park: 2143 W. Wellington

This 2-bedroom in Welbourn Row at 2143 W. Wellington in the Hamlin Park neighborhood of North Center came on the market in July 2012. At 1300 square feet, it has a lot of the features buyers look for including both bedrooms having completely enclosed walls and windows. The unit has central air, washer/dryer in the […]

Your Penthouse Hot Tub Overlooking The City Lights Still Awaits in the Gold Coast: 221 E. Walton

We last chattered about this unique 3-bedroom penthouse at 221 E. Walton in the Gold Coast in November 2011. See our November 2011 chatter here. Many of loved the unit with its 18 foot wall of windows overlooking Lake Michigan. But you felt that the layout limited the number of buyers and that it would […]