Archive for November, 2012

Market Conditions: Condo Construction Perks Up But Are We Celebrating Too Soon?

Small condo developments are selling out across the North Side of the city. And they are selling out the units quickly. But no one is saying that the era of new large scale condo towers is coming back any time soon. “It will be a very long time before you see a high-rise tower,” says Mr. […]

Vintage 3-Bedroom Is Now Listed $89,000 Under 2004 Price: 2233 N. Bissell In Lincoln Park

This 3-bedroom at 2233 N. Bissell in Lincoln Park has been on the market since June 2012. It is NOT on the El side of the street. Built in 1891, it has many of its original features including original moldings, a wood burning fireplace with the original oak mantle, built-in hutches and pocket doors. There […]

Rare Lincoln Park 2-Bedroom Coach House With Parking Still Available 2 1/2 Years Later: 2616 N. Orchard

We last chattered about this 2-bedroom coach house at 2616 N. Orchard in Lincoln Park in April 2010. See our prior chatter here. The discussion was dominated by a microwave apparently in a sink (not sure I see that in the current pictures however.) I think this coach house has been under contract in the […]

Want To Be A Landlord In The Gold Coast? A 2-Bedroom At 20 E. Goethe

This 2-bedroom in 20 E. Goethe in the Gold Coast recently came on the market. It is bank owned and is a Homepath property which means it can be purchased for just 3% down. The listing also says it is being sold as “tenant occupied.” I couldn’t find the recent rental listing but here is […]

Don’t Settle For A Condo, Buy A 2-Bedroom Lincoln Park Townhouse For $400K: 1443 W. Wrightwood

This 2-bedroom townhouse at 1443 W. Wrightwood in Lincoln Park came on the market in September 2012. Built in 1987, it has hardwood floors on the main level but carpet in the bedrooms and the lower level family room. Both bedrooms are on the second level along with a bonus loft. The kitchen has stainless […]

4000+ Square Feet 5-Bedroom Duplex Down Still Available 3 Months Later: 416 W. Briar In Lakeview

We last chattered about this 5-bedroom duplex down at 416 W. Briar in Lakeview in August 2012. See our prior chatter here. Back then, the price had recently been raised to $494,000. Several of you thought, given the square footage, that that price wasn’t that bad of deal. But it hasn’t yet sold and now […]

Get A 3-Bedroom Duplex Up Condo With Parking For $375,000: 2131 N. Clark In East Lincoln Park

We’ve chattered about this complex at 2131 N. Clark in East Lincoln Park in the past. This 3-bedroom duplex up unit just came on the market. It’s an estate sale and being sold “as-is.” The living areas are on the first floor and the three bedrooms are on the second floor. There is a 2-story […]

Top Floor East Lincoln Park Vintage 3-Bedroom Sells For More Than 2009 Price: 448 W. Wrightwood

We last chattered about this top floor 3-bedroom at 448 W. Wrightwood in East Lincoln Park in July 2012. See our chatter here. The unit was originally listed in June 2012 for $699,000 which was $109,000 above the April 2009 purchase price. Many of you thought it was overpriced (surprise!) and thought it would sell […]

Market Conditions: The Most Expensive Condo To Ever Sell In Chicago Just Closed

There’s hope for Vince Vaughn and his Palmolive penthouse which is listed at $16.75 million. The penthouse in Park Tower at 800 N. Michigan just closed for $15 million. I believe it’s the most expensive condominium to ever sell in the city of Chicago. It “sold before print” which means it was never listed on […]

Market Conditions: Chicago Sales Soar 53.1% in October YOY

We’ve already been chattering about the October sales data for awhile thanks to Gary’s posts in the comments about how great the numbers are. October 2011 saw a 7.9% increase over 2010’s dismal numbers. 2012 saw a 53.1% jump along with a median price increase (but we know that the median can be skewed by […]