Archive for April, 2020

Dreaming of Your Own Huge Private Deck? A 2/2 at 1515 N. Wells in Old Town

This 2-bedroom in 1515 N. Wells in Old Town just recently came on the market. Built in 2001, this building has 29 units and garage parking. This unit has 12 foot ceilings and has been “freshly painted.” There’s a master suite with a walk-in-closet and an en suite bathroom with a double vanity. The kitchen […]

Roscoe Village SFH with Basketball Court Reduces Again: 3540 N. Ravenswood

This 6-bedroom contemporary single family home at 3540 N. Ravenswood in Roscoe Village came on the market in May 2018. Long time readers will recognize it because we chattered about it several times in 2011 and 2012. You can read our 2012 chatter here where we debated the pros and cons of having a basketball […]

Down to the Studs Renovation on This River North 2/2: 25 E. Superior

This 2-bedroom in The Fordham at 25 E. Superior in River North came on the market in July 2019. The Fordham was built in 2002 and has 244 units and garage parking. It’s a full-service building with a pool and exercise room. The listing for this unit says it has been taken down to the […]

Get a 2-Bedroom Triplex Loft for $599,000 in Lincoln Park: 1001 W. Altgeld

This 2-bedroom triplex loft in the Soda Pop Factory at 1001 W. Altgeld in Lincoln Park just came on the market. The listing calls it the Lasser Soda Pop Factory but other listings have always just called it the Soda Pop Factory but Lasser was a big soda pop maker in the city until the […]

3-Bedroom Fulton Market Loft Reduces $455,000 to $995,000: 312 N. May

This 3-bedroom loft in the Warehouse Lofts at 312 N. May in the Fulton Market neighborhood of the West Loop just came on the market. The Warehouse Lofts were built in 1925 and has 42 units. It was part of the Loftminium conversion of loft rental apartments into condos in 2000-2001 in the West and […]

Chicago Market Conditions: Median Home Price Spikes in March to Highest Since 1997

The Illinois Association of Realtors is out with the March data. The Chicago market started out the spring home buying season on a strong note, with near record low mortgage rates and record low unemployment. But, in March, the COVID-19 state and city wide economic shutdown hit. Still, March was another strong month despite the […]

A 2/2 in the Heart of the Gold Coast Reduces $64,000: 1510 N. Dearborn Parkway

This 2-bedroom at 1510 N. Dearborn Parkway in Gold Coast came on the market in December 2019. Built in 1900, this building actually has 18 units and an elevator. While it has the vintage charm on the outside, the interior vintage character was stripped out of these units decades ago. This unit, which appears to […]

Market Conditions: Will Secondary Cities Boom After Coronavirus?

There’s a lot of discussion about how COVID-19 will impact the housing markets both immediately and long term. Closings are still getting done as buyers house hunt through virtual tours and remote appraisals and closings. Chicago’s inventory remains low as new listings have plunged. Each week the shutdown continues, the number of new listings seems […]

Get a 4-Bedroom with a Garage in a Historic Former School in Kenwood: 4731 S. Ellis

This 4-bedroom in the Harvard School Condos at 4731 S. Ellis in Kenwood came on the market in January 2020. Sorry I don’t have a picture but the shelter-in-place prohibits me from driving around for non-essential purposes. Built in 1917, the former private school has 5 units, a center courtyard garden and garage parking. I […]

What Will Happen to the Luxury Market? 111 S. Peoria in the West Loop

This 3-bedroom in the Illume at 111 S. Peoria in the West Loop came on the market in March 2020. The Illume was built in 2018 and has 79 units and heated garage parking. It is one of the few buildings in the West Loop that also has a full-time doorman. The building sold out […]