Archive for November, 2013

Market Conditions: Sales Up 7.5% YOY in Chicago in October As Median Price Soars

Finally, the Illinois Association of Realtors is out with the October sales data. From the Illinois Association of Realtors: The city of Chicago saw a 7.5 percent year-over-year home sales increase in October 2013 with 2,231 sales, up from 2,076 in October 2012. The city of Chicago continues to see a steady market increase in […]

Market Conditions: Are the Downtown Apartment Rent Increases Over?

Almost a bigger story than the recovery in the real estate market has been rising apartment rents in Chicago and the construction of thousands of new luxury rental apartments in the GreenZone. Crain’s reports that occupancy rates and rental rates in Class A buildings appear to be softening just as 5,000 more apartments are due […]

The Townhouse As the New Starter Home in Lakeview: 2820 N. Greenview

This 3-bedroom corner townhouse at 2820 N. Greenview in Lakeview came on the market in October 2013. We’ve chattered about this complex of townhouses at the corner of Wolfram and Greenview several times over the years. Most of the others we’ve chattered about were smaller 2-bedroom properties. But a 3-bedroom automatically puts you in “starter home […]

Selling For What You Paid Nearly 10 Years Ago in Lincoln Park: A 2/2 at 600 W. Drummond

This 2-bedroom at 600 W. Drummond in Lincoln Park has been on the market since October 2013. This complex was built in 2003. At 1274 square feet, it has hardwood floors in the living/dining room. The kitchen has maple cabinets, granite counter tops and stainless steel appliances. It has the features buyers look for including […]