Archive for October, 2018

Market Conditions: Will 5% 30-Year Average Mortgage Rates Impact the Chicago Market?

We’ve been chattering about the possibility of 5% average mortgage rates for years here on Crib Chatter. Every time the rates have gotten close, they have retreated…until now. For the first time since 2011, 30-year average mortgage rates have hit 5%. Just a reminder, but in August, the average 30-year fixed mortgage rate was 4.55% […]

Live in the Heart of it All in a Brick and Timber Loft: 1701 N. Damen in Bucktown

This top-floor 2-bedroom corner loft in the Bucktown Gardens at 1701 N. Damen in Bucktown came on the market in May 2018. Bucktown Gardens is an authentic loft building with 26 units and parking. This is a duplex up loft with exposed brick and timber ceilings. The kitchen has dark cabinets, stainless steel appliances and […]

We Love Lofts with Rooftop Decks: A 2/2 at 1019 W. Jackson in the West Loop

This 2-bedroom duplex up loft in the Singer Lofts at 1019 W. Jackson in the West Loop came on the market in June 2018. The Singer Lofts is an authentic loft conversion. Built in 1912, it has 22 units and garage parking. The loft has 15 foot ceilings (are those concrete? I can’t tell from […]

Rare Original Finishes in the John Hancock: A 2/2 at 175 E. Delaware in Streeterville

This 2-bedroom on the 71st floor of the John Hancock at 175 E. Delaware in Streeterville just came on the market. Yes, I’m still calling itĀ the John HancockĀ even though the company requested its name be removed from the building. Built in 1969, it has 705 units, commercial space, a parking garage, retail and restaurants. The […]

A 2-Bedroom Duplex Up that Acts Like a Townhouse: 2216 N. Lincoln in Lincoln Park

This 2-bedroom duplex up at 2216 N. Lincoln in East Lincoln Park just came on the market. Built in 1991, it is an elevator building with 6 units and garage parking. The first level of this unit is the living and dining rooms along with the kitchen. The kitchen has white cabinets, granite counter tops […]

7 Months on the Market for This Bank Owned 2/2: 800 N. Michigan in the Gold Coast

This 2-bedroom in Park Tower at 800 N. Michigan came on the market in April 2018. The Park Tower was constructed in 2000 and has 117 units and a parking garage. There’s a hotel on the lower portion of the building. It sits directly across the street from the historic Water Tower. This unit has […]

On the Market for 9 Months in Lincoln Park: A 2-Bedroom at 2231 N. Seminary

This 2-bedroom in a vintage greystone at 2231 N. Seminary in Lincoln Park came on the market in February 2018. This building was constructed in 1910 and has 6 units with assigned outdoor parking behind the building. We chattered about a top floor unit in the building in 2015. See that chatter here. This unit […]

There are Still Some Vintage Condos in River North: A 3-Bedroom at 55 W. Erie

This 3-bedroom at 55 W. Erie in River North came on the market in September 2018. Built in 1882, this vintage building has 9 units. There’s no parking with the building. The building still has its original wood railing in the front staircase (see the pictures). This unit has some of its vintage features including […]

Is the Market Cooling? A 2-Bedroom at 340 W. Superior in River North

This 2-bedroom at 340 W. Superior in River North came on the market in June 2018. Built in 2001, this mid-rise building has 120 units and a parking garage. It has a doorman and an exercise room. This unit has extensive custom wainscoting, molding and millwork you normally don’t find in a 2000-era building. There […]

2-Bedroom with Pocket Doors Reduces $180,000: 120 W. Delaware in the Gold Coast

This vintage 2-bedroom at 120 W. Delaware in the Gold Coast came on the market in May 2017. We last chattered about this unit in December 2017 after it had had a few price reductions. Many of you were concerned about the floor plan. See our chatter here. If you recall, the 8-unit building was […]