Archive for February, 2013

Market Conditions: What Could Go Wrong? “Supply Will Induce Demand” In The Chicago Apartment Market

The housing market is heating up in all directions as single family homes, condos and townhouses are selling briskly in a low inventory market and a plethora of new apartment buildings are under construction as people shun the buyers market and prefer to rent. We’ve been chattering about all the new apartment high rises for the last […]

How Much Are Prices Really Rising? A 3-Bedroom At 508 W. Melrose In Lakeview

This 3-bedroom at 508 W. Melrose in East Lakeview came on the market in early February 2013. Some long time readers might recognize this building as we chattered about it several times in 2008 when distress sales were happening in the building. Built in 2004, the units were originally sold at the height of the […]

Nearly 5 Years Later, This 3-Bedroom Is Still 3 Blocks From The Water Tower: 29 W. Chestnut In The Gold Coast

We last chattered about this 3-bedroom unit in a vintage carriage house at 29 W. Chestnut in the Gold Coast all the way back in August 2008 (when Crib Chatter was first getting started!). See our 2008 chatter here. The triplex unit never sold and was on and off the market the last 5 years. The property […]

Is This The Best 1960s Retro Kitchen We’ve Ever Seen? A 1-Bedroom At 1300 N. Astor In The Gold Coast

This 1-bedroom in 1300 N. Astor in the Gold Coast has been on and off the market since June of 2012. The unit has been reduced $10,000 since June to $190,000. The building was designed by Bertrand Goldberg in 1963. The unit has a south west corner view. From the pictures in the listing, it […]

Over 3 Years Later, The Bank Finally Takes Back This 2-Bedroom Gold Coast Duplex: 39 E. Schiller

We last chattered about this 2-bedroom duplex up at 39 E. Schiller in the Gold Coast in April 2010. See our prior chatter here. Back then, it was listed as a short sale for $550,000. The building was built in 1980 and many of you thought the unit looked like something out of suburbia. It […]

Trying To Sell A Vintage Coach House 2-Years Later: 1845 N. Halsted In Lincoln Park

Some of you might remember this 3-bedroom coach house at 1845 N. Halsted in Lincoln Park from when it was on the market in 2010 and 2011. It’s actually a unique property which is more like a vintage townhouse than your typical coach house. The coach house is in the back of the property but […]

A Bank Owned Lincoln Park 2/2 Comes On The Market For 18% Under The 2005 Price: 807 W. Lill

This 2-bedroom at 807 W. Lill in Lincoln Park recently came on the market. It’s a Freddie Mac Homesteps property. This building, at the corner of Lill and Halsted, was converted to condos at the height of the market in 2005. This unit has an exposed brick wall, a fireplace and hardwood floors in the main living […]

Looking For A 3/2 In Lakeview For Under $300K? In The Barry Quad At 864 W. Barry

This 3-bedroom garden unit in the Barry Quad at 864 W. Barry in Lakeview has been on the market since October 2012. At 1600 square feet, it has a galley kitchen with white cabinets, granite counter tops and stainless steel appliances. There is a brick fireplace. The listing says the bathrooms are new. The unit […]

Related Introduces The “Signature” Units At Harbor View: 1901 S. Calumet In The South Loop

Many of you have been chattering about when Related would list some of the South Loop condos it bought from the bank in 2012. Wonder no more. Related just listed a bunch of units in Harbor View at 1901 S. Calumet. The most expensive appears to be Unit #2501, a 3-bedroom with 1580 square feet. […]

The Elegant 19th Century 3-Bedroom Gold Coast Apartment: 1210 N. Astor

This 3-bedroom in 1210 N. Astor in the Gold Coast just came on the market. The Holabird & Roche designed building was constructed in 1897 for John McConnell, who had recently purchased the corner lot. Called the McConnell Apartments, there were 2 units per floor in the 8 story structure. According to Neil Harris’ Chicago […]