Archive for December, 2012

We Love “1 Of A Kind” Lake Shore Drive Penthouses With Private Terraces: 3400 N. Lake Shore Drive In Lakeview

This 2-bedroom penthouse at 3400 N. Lake Shore Drive in Lakeview just came on the market. The listing says the master suite and dining room have been featured in coffee table books and magazines (but remember, unless you negotiate it, the furniture won’t be there when you move in.) It has wide plank dark wood […]

Trying To Sell A 3-Bedroom Bucktown Loft Just 8 Months Later: 1750 N. Wolcott

We’ve chattered about various lofts in the Signature Lofts at 1750 N. Wolcott in Bucktown over the years. This 3-bedroom on the third floor came on the market in October 2012, just 8 months after it had previously sold. It is a southeast corner unit with 14 foot timber ceilings and exposed brick walls. The […]

Can Anyone Make Money On Co-Ops? A 2-Bedroom In 3750 N. Lake Shore Drive In Lakeview

This 2-bedroom in the vintage co-op building at 3750 N. Lake Shore Drive in Lakeview has been on the market for 10 months. At 1600 square feet, it has a separate dining room, a butler’s pantry and oak hardwood floors. Located on the second floor, it has north, south and west views. The kitchen has […]

The “2nd Bedroom Is A Den/Office” Sells For $50K More Than 2010 Price In The Gold Coast: 10 E. Delaware

We last chattered about this 2-bedroom (which was really a 1-bedroom) in 10 E. Delaware in October 2012. See our prior chatter here. The listing agent had called it a 2-bedroom but then confessed in the listing that the second bedroom was really a den/office. We had a spirited debate about what the definition of […]

What Does An “Improving” Market Really Mean For Condo Sellers? 240 E. Illinois In Streeterville

This 2-bedroom in the Fairbanks at Cityfront Plaza at 240 E. Illinois in Streeterville recently came on the market. At 1293 square feet, it is a north facing split 2/2 with a den. The kitchen has dark cabinets, granite counter tops and stainless steel applianaces. The listing says it has a marble bath. The unit has […]

Market Conditions: Crain’s: Foreclosure Rate On FHA Loans In Chicago Soars

Crain’s is reporting that the foreclosure rate on FHA loans in Chicago is much higher than the national rate and is the highest of any metro area in the country. Not only that, but many of the loans that are going bad are those that were given out AFTER the bust had already started (i.e. 2008-2009). In […]

We Love 2-Bedroom Church Condos With Cathedral Ceilings: 3101 N. Seminary In Lakeview

We’ve chattered about a lot of units built in former churches and synagogues over the years. This 2-bedroom duplex up in a former church at 3101 N. Seminary in Lakeview still has some of the original church features such as the cathedral ceilings in the living room and the huge church windows. The unit also has […]

Is The $1.8 Million Single Family Home The New Norm In Lakeview? 1244 W. George

This 5-bedroom new construction single family home at 1244 W. George in Lakeview came on the market at the end of November 2012 (although it appears to have been temporarily removed from the MLS.) Built on a 24x123x25x123 lot (per the prior listing), the house is in the contemporary style. It has an open floor […]

This 2/2 In The Gold Coast Is Listed $52,000 Under The 1988 Price: 78 E. Elm

This 2-bedroom at 78 E. Elm in the Gold Coast just came on the market listed at $125,000. Yes, it is bank owned and being sold “as-is.” And yes, it is a garden apartment. The listing says the master bedroom leads to a patio. There are only a couple of pictures with the listing. The […]

Not All Rowhouses Sell Quickly On Historic Alta Vista: 3837 N. Alta Vista in Lakeview

We’ve chattered about rowhouses on historic Alta Vista in Lakeview many times on Crib Chatter. This is the block long street with 40 rowhouses made to resemble London rowhouses. It is a landmark block. This 4-bedroom rowhouse at 3837 N. Alta Vista has been on the market since May 2012. Built in 1901, it is […]