Archive for March, 2013

Market Conditions: February Sales Climb 10.2% While Median Price Jumped 12.9%

It’s time to check in on how hot the market really is. We all know there is low inventory but how many sales are really taking place? From the Illinois Association of Realtors: The city of Chicago saw a 10.2 percent year-over-year home sales increase in February 2013 with 1,378 sales, up from 1,250 in […]

Get a Gut Rehabbed 4-Bedroom Dutch Colonial For $425K In Mayfair: 4522 N. Knox

This 4-bedroom Dutch Colonial at 4522 N. Knox in the Mayfair neighborhood of Irving Park recently came on the market. The listing says it’s been “gut rehabbed.” It was previously bank owned in 2011 and the old listing pictures show that it was actually boarded up. See the previous listing pictures here. Built on an […]

Tired of the Same Old Townhouse Floorplan? Check Out This Lincoln Park 3-Bedroom at 2709 N. Racine

This 3-bedroom townhouse at 2709 N. Racine in Lincoln Park came on the market in February 2013. It is a short sale. It was briefly off the market before returning listed at the same price of $425,000. Someone recently complained that the townhouses mainly sport the “same” floorplan. This 1700 square foot townhouse has some […]

2 1/2 Years Later, Trying To Get $70K More For This Old Town 2-Bedroom: 1407.5 N. Wells

This is the third time we’ve chattered about this 2-bedroom in the Gaslight Court complex at 1407.5 N. Wells in Old Town. See our June 2010 chatter here. It sold in 2009 and again in 2010. In 2009, the square footage was listed at just 700 square feet. The 2010 listing and this current listing […]

Get a 3-Bedroom Townhouse With a 2-Car Garage For Under $600K in North Center: 3157 N. Honore

This 3-bedroom townhouse at 3157 N. Honore in North Center came on the market in February. These are selling fast as there is a sister 3-bedroom in the same complex with the same square footage that is already under contract. You can see pictures of that one at 3147 N. Honore here for comparison. This […]

The 3-Bedroom Bank Owned House That Just Won’t Sell: 3853 N. Keeler In Old Irving Park

Not everything is selling quickly. Case in point is this 3-bedroom single family home at 3853 N. Keeler in Old Irving Park. It became bank owned in April 2012 and has been on and off the market since last August. The house was built in 2006 on an extra large 62×124 lot. It has a separate […]

This 3-Bedroom Lakeview Townhouse Lists For 47% More Than The 2004 Price: 832 W. Wolfram

This 3-bedroom townhouse at 832 W. Wolfram in Lakeview recently came on the market. The listing calls it a townhouse but as you can see from the picture above, it appears to be behind the house in the front. That’s the door to the right behind the house in front. Is it a coach house? […]

A Renovated 2/2 With Views Of the Lake and Harbor: 505 N. Lake Shore Drive In Streeterville

This 2-bedroom at Lake Point Tower at 505 N. Lake Shore Drive in Streeterville recently came on the market. This is the building that many kids dream of living in someday as they drive past on their way to museums or Navy Pier. Built in 1968, the 720 unit building has unobstructed city, lake and […]

How Close To The El Could You Live? Part II: 3408 N. Bosworth In Southport

We last chattered about this 3-bedroom brick single family home at 3408 N. Bosworth in the Southport neighborhood of Lakeview in October 2010. See our previous chatter here. We had a very productive discussion about who would live near the El line tracks and at what price. (We also discussed the possibility of the El […]

Bought In The Bust But Selling This 2-Bedroom Duplex Loft In A Hot Market: 375 W. Erie In River North

This 2-bedroom duplex up loft at 375 W. Erie in River North just came on the market. It is an authentic loft with exposed brick walls and exposed timber beams on the ceiling. The main floor has the living/dining/kitchen and the second bedroom and bath. The kitchen has maple cabinets, granite counter tops and stainless […]