Archive for September, 2022

Market Conditions: August Sales Were the Lowest in 10 Years as Rates Rose

The Illinois Association of Realtors is out with the August sales data. As we already know from Gary’s update, sales were down again in August. But inventory remains low as well. In Chicago, home sales (single-family and condominiums) in August 2022 totaled 2,293 homes sold, down 21.4 percent from August 2021 sales of 2,919 homes. […]

Complete Makeover of Loft-Like 2-Bedroom at 717 W. Briar in East Lakeview

This 2-bedroom at 717 W. Briar in East Lakeview came on the market in September 2022. Built in 1894, this building has 7 units and parking. It was converted into condos in 2002-2003. The listing calls it a “loft-style” home because it has multiple exposed brick walls and exposed ductwork. The ceilings are 10 feet. […]

Market Conditions From Redfin: Midwest Cities Cooling the Least As Rates Hit 6%+

Redfin recently put out data indicating which housing markets are cooling the most, and the least. Seattle, as you might imagine, is one of those cooling the most now that rates have hit 7%. Seattle’s median price is high and many buyers are now priced out. But in Chicago, and the Midwest, in general, housing […]

3-Bedroom Duplex Penthouse Loft Reduces $51,000 in River North: 520 W. Huron

This 3-bedroom duplex up penthouse loft in River North Commons at 520 W. Huron in River North came on the market in September 2022. Built in 1912, it has 197 units and attached garage parking. It was converted into lofts in 2000. It has 24-hour doorstaff, on-site management, a bike room and an exercise room. […]

Crib Chatter is on Vacation This Week

I’m going to the beach again. Thank goodness I didn’t book in the Caribbean as the hurricane season is finally picking up steam. Of course, no beach location is guaranteed this time of the year. Lol. The Illinois Association of Realtors is out with the August sales report this week. I’ll have coverage of that […]

Full Gut Rehab 2-Bedroom Loft Reduces $99,900 in River North: 333 W. Hubbard

This 2-bedroom loft in Union Square Loft at 333 W. Hubbard in River North came on the market in July 2022. Union Square Lofts were built in 1962 and converted into residential lofts in 1998. There are 217 units and attached garage parking. The building has 24/7 door staff, an on-site engineer, storage, a bike […]

Get a 3-Bedroom Vintage Gold Coast Duplex for $495,000: 1120 N. Lake Shore Drive

This 3-bedroom duplex up in 1120 N. Lake Shore Drive came on the market in May 2021. 1120 N. Lake Shore Drive was built in 1924-25 by Robert S. De Golyer. According to Chicago Apartments: A Century of Lakefront Luxury, it was Chicago’s tallest co-op at the time it was completed in 1925, at 18 stories. […]

West Loop Newer Construction 3-Bedroom Condo for $879,000: 236 S. Racine

This 3-bedroom at 236 S. Racine in the West Loop came on the market in June 2022. Built in 2017, this building has 20 units and attached garage parking. It’s an elevator building. The listing says it was built solid with concrete between all units. This is a Southeast corner unit with skyline views and […]

Custom Redesigned 2-Bedroom Duplex Up Loft in Bucktown: 1737 N. Paulina

This corner 2-bedroom duplex up loft in the Paulina Lofts at 1737 N. Paulina in Bucktown came on the market in September 2022. Built in 1904, the Paulina Lofts have 27 units and exterior gated parking.  There’s no doorman or amenities. This is a top floor corner unit with exposed brick and 14 foot timber […]

Get a 4-Bedroom Old Town Row House with a Garage for $1.25 million: 358 W. Wisconsin

This corner 4-bedroom row house at 358 W. Wisconsin in Old Town came on the market in September 2022. Built in 1890, the rowhouse is on a 20×80 lot and has a 2-car garage. For those old-timers on this site who have a keen eye, we have chattered about this row house before, 11 years […]