Archive for July, 2013

Market Conditions: The Luxury Market Might Not Be as Hot as Everyone Believes

With all the cheerleading going on, you’d think the luxury market was sizzling hot. But is it? Crain’s does it’s mid-year update on the luxury market in the Chicagoland area. While sales are up 14% from a year ago, and are much higher than the dark years of 2009 and 2010, they are still well […]

Are We Back To 2007 Prices On 2-Bedroom Lakeview Townhouses? 1125 W. Newport

This 2-bedroom townhouse at 1125 W. Newport in Lakeview just came on the market. We’ve chattered about this complex before. This townhouse is one of the highly coveted corner units. It has the standard townhouse layout with the two bedrooms on the third floor, the living/dining/kitchen on the middle floor, with a family room on the main […]

Live in a 1885 Bakery Building in Old Town: 1759 N. Sedgwick

This 3-bedroom at 1759 N. Sedgwick in Old Town came on the market in May 2013. The building was built in 1885 as a bakery. It was rehabbed in 1995 and has 4 units. At 2320 square feet, it has 11 foot ceilings and 2 wood burning fireplaces. The kitchen has white cabinets, white appliances […]

This Old Town Vintage Rowhouse is on the Market for the First Time in 14 Years: 1730 N. Wells

This 3-bedroom Victorian rowhouse at 1730 N. Wells in Old Town just came on the market. From what I can tell, it’s the first time it’s been on the market in 14 years. Built in 1876, it has 2050 square feet on a 22×42 lot. It has many of its original features including crown molding, […]

Market Conditions: Are Higher Mortgage Rates the Elephant in the Room?

Welcome back from the holiday break Crib Chatterers. Last week 30-year mortgage rates rose to a national average of 4.46% from 3.93% the week before, the largest one week increase since 1987. It pushed mortgage rates to their highest level in 2 years. Rates may go even higher this week as, while you were all […]

3-Bedroom Duplex Is Back: From $467,000 to $1.1 Million in Just 3 Months in the Gold Coast: 39 E. Schiller

We last chattered about this 3-bedroom duplex up at 39 E. Schiller in the Gold Coast in February 2013. See our prior chatter here. Back then, it was bank owned after being on the market before that as a short sale. It also was a 2-bedroom with a family room and now it is simply […]

Get a Pre-War 3-Bedroom in the Gold Coast for Under $600,000: 1320 N. State Parkway

This 3-bedroom vintage unit in 1320 N. State Parkway in the Gold Coast came on the market in March 2013. Designed by Robert S. De Goyler in 1927, it has 40 units and a brick and limestone façade. It is a co-op building with a doorman, bike storage, an exercise room and individual mail delivery […]

The Elusive 4-Bedroom Townhouse Listed Under $1 Million: 2757 N. Greenview in Lincoln Park

This 4-bedroom townhouse at 2757 N. Greenview in Lincoln Park came on the market last February. It is actually on the edge of Lincoln Park and Lakeview (but since it’s on the south side of Diversey, it is technically Lincoln Park.) Some of you may recognize it from your travels down Diversey as this townhouse is […]

Crib Chatter on Vacation for 4th of July Week

It’s time to go on vacation again! I’m sure most of you will be enjoying some much needed time off this week as well. I’ll be out of town on vacation all week so we’ll be on vacation schedule Monday through Wednesday. That means there will be just one post a day. (I know…it’s a […]