Archive for September, 2015

A Rare South Loop Single Family Home is On the Market: 1417 S. Federal

This 4-bedroom single family home at 1417 S. Federal in Dearborn Park II in the South Loop came on the market in April 2015. This house is rare as there aren’t many single family homes in the South Loop. This one was built in 1993 by Booth Hansen on a 36×105 lot. It has a private […]

Love Vintage Built-in Bookshelves? A 2-Bedroom in 3520 N. Lake Shore Drive in Lakeview

This vintage 2-bedroom at 3520 N. Lake Shore Drive in Lakeview came on the market in July 2015. 3520 was built in 1924 and has 166 units. This corner unit is on the third floor with views of the trees and the Lake beyond. It has its original moldings and the high ceilings and big […]

Revisiting the Belgravia Conversion at 2300 N. Commonwealth in Lincoln Park

This 2-bedroom at 2300 N. Commonwealth in Lincoln Park came on the market in August 2015. This building was a Belgravia conversion at the height of the housing bubble in 2006. It has 72 units and a heated parking garage. This unit is a southwest corner unit with hardwood floors throughout. It has an upgraded maple […]

Market Conditions: August Sales Rose 6.3% But Harder YOY Comps Are Coming

As expected, Chicago August home sales rose 6.3% compared to August of last year. From the Illinois Association of Realtors: The city of Chicago saw sales of 2,629 homes in August 2015, up 6.3 percent from last year when 2,474 homes were sold. The median price of a home in Chicago was $270,000, up 0.2 […]

Affordable Lake Shore Drive: A 2-Bedroom at 680 N. Lake Shore Drive in Streeterville

This 2-bedroom in 680 N. Lake Shore Drive in Streeterville just came on the market. It is on the second floor and doesn’t have lake views, but the 2nd and 16th floors in this building have extra high ceilings measuring 11 feet, 6 inches. The unit has bamboo floors and a newer kitchen with Silestone […]

2-Bedroom Duplex Up Loft Returns to Try Again: 1137 N. Wood in the East Village

This 2-bedroom duplex-up loft at 1137 N. Wood in the East Village recently came on the market. But most of you will remember it from earlier this summer because we chattered about it as a microcosm of the hot Chicago housing market. See the chatter here. Ironically, it didn’t sell in the first go-around and was […]

Re-Selling 2 Months Later in the South Loop: A 1-Bedroom Loft at 1727 S. Indiana

This 1-bedroom loft in the Prairie District Lofts at 1727 S. Indiana in the South Loop came on the market in August 2015. This is a brick and timber loft with other authentic features including a large metal door along one wall. The bedroom, however, has no windows or a door but is separated by a […]

You Don’t Need A Million to Live on Lincoln Park: A 2-Bedroom at 2500 N. Lakeview

This 2-bedroom at 2500 N. Lakeview in Lincoln Park just came on the market. It has the coveted east AND south views which include both Lincoln Park/Lake views and the city skyline. The unit also has a park and lake facing balcony. This building was built in 1974 and recently had its windows replaced. The […]

Like Investing in Distressed Properties? A Loft at 2000 S. Michigan in the South Loop

This 2-bedroom in the Locomobile Lofts at 2000 S. Michigan in the Motor Row neighborhood of the South Loop came on the market in August 2015. A lis pendens foreclosure was filed against it in October 2014. The listing includes information on how to apply for a renovation loan. It is a northeast corner loft […]

6 Months on the Market for This Gold Coast Townhouse: 820 N. Dearborn

We’ve chattered about this 3-bedroom townhouse at 820 N. Dearborn in the Gold Coast several times over the years. It had previously been bank owned but finally sold again in 2012. We last chattered about it in April, when it came back on the market as a 3-bedroom asking $180,000 more. See our April 2015 chatter […]