Archive for August, 2013
I always love seeing properties we chattered about years ago come back on the market like this 2-bedroom townhouse at 648 W. Willow in Lincoln Park. We last chattered about it in April 2008. See our chatter here (with interior pictures). Boy, how things have changed since then in the Chicago housing market. The townhouse […]
August 15th, 2013 | Posted in Lincoln Park, Townhouses | 8 Comments
This 3-bedroom at 500 W. Superior in River North came on the market in May 2013. We’ve been chattering about “family” sized condo units and whether or not you could have single family home amenities in a downtown high rise. This unit fits many of the unicorn criteria. The north facing unit has 3056 square […]
August 14th, 2013 | Posted in River North | 35 Comments
We were chattering recently about the perceived lack of large “family” type condos in downtown high rises where you could raise a few kids and enjoy high rise amenities like pools and party rooms. A lot of new condo development still seems to be marketed to 20-somethings without kids who don’t need a lot of […]
August 14th, 2013 | Posted in Streeterville | 55 Comments
This large 1-bedroom in the Mies Van der Rohe co-op at 860 N. Lake Shore Drive in Streeterville just came on the market. (Is this the right Mies building in the picture? I always get the two mixed up. It might be the condo building next door.) Built in 1951 with floor to ceiling windows, […]
August 13th, 2013 | Posted in Streeterville | 28 Comments
Crain’s has picked up on a theme we’ve been chattering about here in the last few months. Inventory of new construction condos, outside of the luxury towers at the Ritz and 2550 N. Lakeview, are almost non-existent. Anything that IS on the market at lower price points, such as in the newly reconfigured Related buildings in the […]
August 13th, 2013 | Posted in Market Conditions | 65 Comments
We’ve chattered about this historic 6-bedroom historic mansion at 817 W. Hutchinson in the Buena Park neighborhood of Uptown several times over the last 2 years. See our October 2012 chatter here. The Claude Seymour House is one of the many historic mansions that line Hutchinson on this landmarked block. The Elite Street column in the […]
August 12th, 2013 | Posted in Buena Park, Historic Properties, Uptown | 21 Comments
This 3-bedroom cottage at 2526 W. Thomas in West Town is looking for its third sale of 2013. It sold in a judicial sale in April 2013 for $106,500. According to Redfin, it came back on the market in June and sold in just weeks for $160,000. It then came back on the market again […]
August 12th, 2013 | Posted in Flips, Single family homes, West Town | 123 Comments
We last chattered about this 3-bedroom duplex at 39 E. Schiller in the Gold Coast in early July 2013. See our previous chatter here. But we had chattered about it several times before that, as it was a short sale and then was bank owned before being renovated and coming back on the market this […]
August 9th, 2013 | Posted in Gold Coast, Rehabs | 6 Comments
Crain’s has the numbers from Tracy Cross & Associates on the new home sales in the second quarter in Chicago and the Chicagoland area. Given the strength in the resale market, you might have guessed that it is shaping up to be the best year for the homebuilders since the bust. In the second quarter, […]
August 9th, 2013 | Posted in Market Conditions | 40 Comments
This 4-bedroom co-op at 233 E. Walton in the Gold Coast came on the market in April 2013. The building was built in 1922 with 1 unit per floor. There are only 13 units in the building. If you look closely enough at the listing pictures, you’ll realize that the floors in many of the […]
August 8th, 2013 | Posted in Gold Coast | 48 Comments