Archive for December, 2023

Market Conditions: Chicago November Sales at 12-Year Low as Inventory Sinks

The Illinois Association of Realtors is out with the November sales data. Inventory continues to decline in Chicago, the Chicago metro, and statewide. As inventory declines, sales have as well. But in November, sales didn’t quite sink to 2010 lows. The city of Chicago saw a 10.2 percent year-over-year home sales decrease in November 2023 […]

First Time on the Market Since 1999: A 2/2 in the Gold Coast at 21 W. Chestnut

This 2-bedroom in Chestnut Place at 21 W. Chestnut in the Gold Coast came on the market in September 2023. Built in 1999, Chestnut Place has 124 units and an attached parking garage. It has 24-hour door staff and an exercise room. This is a corner unit with north and east city views. The listing […]

Market Conditions: New Luxury Downtown Condo Sales Fall Sharply in 4 Buildings YOY

Crain’s is reporting on new downtown condo sales for 2023. This group mostly includes luxury units as few buildings are putting up new units under $1 million. There are a few exceptions like the Reed at Southbank in Printers Row, which is selling 2/2 units under $800k. But there are 4 big new luxury condo […]

Remodeled 2/2 in the Brundage Bank with Parking in West Lakeview for $475,000: 3325 N. Lincoln

This 2-bedroom in the Brundage Bank at 3325 N. Lincoln in West Lakeview came on the market in December 2023. Begun in 1928 and finished in 1929, the Brundage Bank was originally supposed to be a 9 story building but ended up at just 4 stories. The pie shaped building originally housed the Brundage Bank […]

Elegantly Upgraded 3-Bedroom Townhouse in Old Town for $1.195 Million: 165 W. Goethe

This 3-bedroom townhouse at 165 W. Goethe in Old Town came on the market in November 2023. Built in 1980, this complex has 5 townhouses, each with street facing 1-car garages. The listing says this townhouse has been “elegantly upgraded” with high end kitchen and baths. It has a mixture of hardwood and marble floors. […]

A River North 2-Bedroom with a 455 Sq Ft Garden-in-the-Sky for $570,000: 757 N. Orleans

This corner 2-bedroom at 757 N. Orleans in River North came on the market in November 2023. 757 N. Orleans was built in 2008 and has 198 units and an attached parking garage. It’s a full amenity building with 24-hour door staff, a fitness center, outdoor pool, business center, bike room, Amazon package room, Tide-cleaners […]

Host Soirees Under the Stars in this West Loop 1-Bedroom Loft: 11 N. Green

This 1-bedroom loft at 11 N. Green in the West Loop came on the market in December 2023. (Sorry, it appears I don’t have a picture of this building.) I’m not sure when this building was built, but it was converted into 11 loft condos in 1995. It has attached garage parking. There’s no door […]

It’s Back: 3-Bedroom Southport Vintage Cottage Lists for $899K: 1338 W. Grace

This 3-bedroom cottage at 1338 W. Grace in Lakeview’s Southport corridor came on the market in December 2023. Built in 1891, the house is on a smaller than standard lot measuring 58×40. It has no back alley but instead, has a side driveway which is accessed from the street. If this house looks familiar, that’s […]

Get an Updated 2-Bedroom Townhouse with Parking in Old Town for $640,000: 205 W. Eugenie

This 2-bedroom townhouse at 205 W. Eugenie in the Old Town neighborhood in Lincoln Park came on the market in July 2023. Built in 1978, the complex has 10 units and exterior parking. It’s only amenity appears to be bike storage. The listing says this is an “updated” townhouse with “modernized” floors and “renovated” bathrooms. […]

2-Bedroom in The Montgomery Priced Below the 2011 Price: 500 W. Superior in River North

This 2-bedroom in The Montgomery at 500 W. Superior in River North came on the market in March 2023. Built in 1972, The Montgomery was originally part of the Montgomery Ward complex and served as its headquarters.  It’s architect was Minoru Yamasaki, who also designed the World Trade Center in New York City. He designed both […]