Archive for August, 2012

Fannie Mae Lists For $10K More Than 2003 On This 3-Bedroom Townhouse: 642 W. Armour in West Town

This 3-bedroom townhouse at 642 W. Armour in West Town recently came on the market. It is a Fannie Mae Homepath property and can be purchased for just 3% down. It has 2 bedrooms on the second floor and a 3rd bedroom on the top floor. The kitchen looks intact with white cabinets but the […]

This 2-Bedroom Gold Coast Townhouse Has Seen It All During This Housing Bust: 820 N. Dearborn

Talk about a microcosm of the market. This 2-bedroom townhouse at 820 N. Dearborn in the Gold Coast has gone from a foreclosure in 2009, to being rehabbed in 2010, to being rented out in 2011 and now it is listed for sale once again. We’ve actually chattered about it several times over the years- […]

Will Tight Inventory Lead To Premium Prices in Lakewood Balmoral? A 5-Bedroom SFH at 5457 N. Wayne

If you’re looking for a single family home in the historic Lakewood Balmoral district in Andersonville, you’re not in much luck right now. This 5-bedroom home at 5457 N. Wayne is one of just 2 houses currently available. Built on a 29×123 corner lot, it has features that buyers look for including four of the […]

Market Conditions: New Downtown Condo Sales Fall Year Over Year In Q2

Developers are still having trouble finding buyers for new construction condos in downtown Chicago as luxury rentals and distressed sales of cheaper, older units are proving to be tough competition. From Crain’s: Developers sold 182 downtown condos in the second quarter, up from 113 in the first quarter but down from 196 a year earlier, […]

The Chicago Market Is Far From “Normal”: 2965 N. Sheridan in East Lakeview

We’ve chattered about this 4-bedroom mediterranean style home nicknamed the “Tuscan Villa” at 2965 N. Sheridan in East Lakeview several times over the years. See our last chatter, in April 2011, here. If you recall, the house has some unique features, including an interior atrium and a solarium. Built on a 23×151 lot, all 4 bedrooms are […]

The 4-Bedroom Vintage Queen Anne in East Lincoln Park: 2238 N. Geneva Terrace

This 4-bedroom Queen Anne at 2238 N. Geneva Terrace in East Lincoln Park came on the market in June 2012. Built in 1880 on a 25×127 lot, it has a 2 car garage and space pac cooling. It has some of its vintage features including stained glass windows. There is an unfinished basement. It has […]

New Construction Strikes Again in Lakeview: 2910 N. Sheffield

Remember the greystone 2-flat that was next to the Enterprise Rental Car at 2910 N. Sheffield in Lakeview? It sold in 2011 for $490,000, was torn down, and is now a 4-story 3 flat with 2 duplex units. See our prior chatter about the greystone here. Here’s a picture of the old greystone. You can see the […]

What Improving Market? Nearly 4 Years On The Market In The Gold Coast: 1500 N. Astor

With everyone on their last summer flings before the kids have to return to school, so no one is paying much attention to real estate, I thought we’d revisit some properties from the past. In case you were wondering, Billy Corgan’s 2-bedroom vintate unit in the historic Patterson-McCormick Mansion at 1500 N. Astor in the Gold […]

West Town Is A Hub Of Contemporary Architecture: A 3-Bedroom Penthouse At 1555 W. Pearson

This 3-bedroom duplex penthouse at 1555 W. Pearson in West Town has been on the market since February 2012. The building was built in the contemporary style in 2007. It has 6 units along with an elevator and a garage. The building is located just east of Ashland. The unit has cherry floors throughout and 14 foot ceilings. […]

Get 4200 Square Feet in East Lakeview For Under $500,000: 416 W. Briar

Several of you have e-mailed me about this 5 bedroom duplex down at 416 W.  Briar in East Lakeview. Built in 1918, the four unit building is on an oversized 50×125 lot. It has 4200 square feet in total space with 3200 square feet on the first floor and a 1000 square feet on the […]