Archive for June, 2020

Chicago Market Conditions: Is a Downtown Apartment Crash Coming?

Here on Crib Chatter, we’ve been debating what’s going to happen to Chicago’s real estate market this year. What will happen to all the luxury apartment rentals that have been going up downtown for the last decade? The above picture is of One Bennett Park at 451 E. Grand in Streeterville which has an apartment […]

Living the Vintage Lincoln Park Dream for Under $420,000: 2139 N. Sheffield

This vintage 2-bedroom at 2139 N. Sheffield in Lincoln Park just came on the market. Built in 1894, the building has 3 units and outdoor parking. This is the top floor unit and has many of its vintage features intact including refurbished original pine and oak wood flooring in the living/dining and kitchen. It still […]

Desperate for Outdoor Space? A 400 Sq Ft Deck at 657 W. Fulton in Fulton Market

This 1-bedroom at 657 W. Fulton in Fulton Market came on the market in June 2020. Built in 2007, 657 W. Fulton has 75 units and a heated parking garage. This 1-bedroom is extra large at 1000 square feet and has a den, which has French doors and a closet. There’s a master suite with […]

Live in the Penthouse of an Old Cold Storage Warehouse: 345 N. Canal on the Near West Side

This 3-bedroom corner penthouse in Fulton House at 345 N. Canal on the Near West Side came on the market in May 2019. Built in 1903, Fulton House was originally an old cold storage warehouse. It became apartments in the 1970s and was converted into condos in the 1990s. There are 104 units.  However, it’s […]

Market Conditions: May Home Sales Plunged 43.6% in Chicago Due to COVID-19

The May home sales data is out and, as expected, it was bad as the COVID-19 lockdown continued. From the Illinois Association of Realtors: The city of Chicago saw year-over-year home sales decrease 43.6 percent with 1,666 sales in May, compared to 2,952 a year ago. The median price of a home in the city […]

A Bank Owned 4-Bedroom With No Kitchen in River North: 653 N. Kingsbury

This 4-bedroom in Kingsbury on the Park at 653 N. Kingsbury in River North just came on the market. Built in 2003, it has 126 units and a parking garage. It’s a full amenity building with a doorman and exercise room. The listing for this unit says it was originally a combined unit bought from […]

Rare Frank Fisher Apartment With Garage Parking: 1209 N. State Parkway in the Gold Coast

This 2-bedroom duplex up in the Frank Fisher Apartments at 1209 N. State Parkway in the Gold Coast came on the market in March 2020. Designed by Andrew Rebori in 1936, the building has 13 units and a 2-car garage with a center courtyard. It has historic landmark designation. The building was rental apartments until […]

A Rare Wood Burning Fireplace in a Streeterville 2-Bedroom Penthouse: 201 E. Chestnut

This 2-bedroom duplex up penthouse in 201 E. Chestnut in Streeterville just came on the market. 201 E. Chestnut was built in 1969 and has 120 units. It’s a full service building with a doorman, an exercise room, and an indoor pool. There is valet rental parking available. This unit is one of the few […]

A 2-Bedroom Live/Work Duplex Loft with a Rooftop Deck: 22 N. Morgan in the West Loop

This 2-bedroom duplex up loft at 22 N. Morgan in the West Loop came on the market in February 2020. 22 N. Morgan is a brick and timber loft building with 22 units and outdoor parking. It has a unique interior courtyard with landscaping. Each loft has its own private entrance. This unit has 20 […]

Market Conditions: Is Chicago’s Spring Market Now Happening in June?

While home selling/buying was considered “essential” and was not shutdown in Chicago during the COVID-19 restrictions, sales still plunged in March and April. Those are key months in the spring home buying season. The question was, would we see a big rebound in both buyers and inventory when the city reopened or would the recession […]