Archive for October, 2017

Are There Too Many Mansions on the Market? A 9 Bedroom at 2466 N. Lakeview

According to Crain’s, one of the city’s mansions just sold to an heir of the Thai Red Bull fortune. They do not, apparently, have ties to Chicago. The house, which sold on Oct 11 for $7.5 million, is on Bellevue in the Gold Coast. Originally listed for $9 million, it was reduced $1 million before selling. […]

You Can Get a 2/2 in “Real” Old Town for Under $320K: 1805 N. Orleans

This 2-bedroom at 1805 N. Orleans in Old Town came on the market in September 2017. This is a 9-unit complex without parking in the heart of the historic Old Town neighborhood. This is a garden unit. It has hardwood floors and each bedroom has an en suite bathroom. The kitchen has wood cabinets, granite […]

Do Millennials Want to Live on Historic Alta Vista Terrace? 3808 N. Alta Vista in Lakeview

This 3-bedroom row house at 3808 N. Alta Vista Terrace in Lakeview came on the market in June 2017. Alta Vista Terrace is a Chicago Landmark District. These 40 row homes were built from 1900 to 1904 and were built to look like London row homes. From the Chicago Landmark website: This street represents one […]

The 3-Bedroom North Side Starter Home: 3037 W. Leland in Ravenswood Manor

This 3-bedroom single family home at 3037 W. Leland in Ravenswood Manor came on the market in May 2017. Built in 1906, it is on a larger than standard Chicago lot of 30×140. It has a 2-car detached garage and a deck with a hot tub. The house has hardwood floors in the living and dining room. […]

Looking for a Renovated Loft? A 1-Bedroom at 523 S. Plymouth in Printers Row

This 1-bedroom loft in the Peterson Lofts at 523 S. Plymouth in Printers Row in the South Loop came on the market in September 2017. The Peterson Lofts was built in 1917 and has 49 units. It’s one of the rare buildings with indoor parking. This loft is west facing, which means its views are […]

Chicago Market Conditions: September Sales Fall 3.7% YOY While Median Price Rises

The Illinois Association of Realtors is out with the September home sales. Sales have slipped from last year, which follows the trend that existed over the summer of weaker year-over-year sales. The city of Chicago saw a 3.7 percent year-over-year home sales decline in September 2017 with 2,309 sales, down from 2,398 in September 2016. The median […]

Chicago Market Conditions: Will Starter Condos Ever Again Be Built in the GreenZone?

In the decade before the 2008 housing bust, thousands of “starter” condos were built in the GreenZone neighborhoods of Chicago. By “starter”, I mean they were condos ranging in prices from $150k to $400k and ranged in size from studios to 2-bedrooms. Since the bottom of the bust in 2012, nearly all the new construction […]

A Duplex Brick Loft With a Massive Rooftop Terrace: 215 W. Illinois in River North

This 2-bedroom duplex loft in the Anchor Lofts at 215 W. Illinois in River North came on the market in July 2017. The Anchor Lofts were one of the first buildings converted into lofts in River North in the early 1990s. It has 18 units and garage parking. This loft has exposed brick walls and […]

Trying to Sell a Custom 5-Bedroom Smith Park House for 49% More: 2435 W. Erie

This 5-bedroom single family home at 2435 W. Erie in the Smith Park neighborhood of West Town came on the market in June 2017. But for those of you who have been long time readers, this house may look familiar. We chattered about it all the way back in 2008 when it was newly constructed. A blast from […]

Get a 4-Bedroom Restored 1885 Gold Coast Mansion for Under $2.4 Million: 1404 N. LaSalle

This 4-bedroom single family home at 1404 N. LaSalle in the Gold Coast/Old Town came on the market in May 2017. Built in 1885, this limestone home is on a 20×99 lot yet still manages to have 3-car parking with a car turntable. There are 5 fireplaces including an original one in the restored dining […]