Archive for June, 2024

Market Conditions: May Sales Continue to Slow as Median Price Jumps 8.1%

The Illinois Association of Realtors is out with the May 2024 home sales data. Sales remain low in Chicago as inventory continues to decline. It was the slowest May since May 2020, which was impacted by the covid pandemic. However, with such a tight market, median price is still on the rise. But note, that […]

4-Bedroom Historic Row Home in Historic Old Town Triangle for $1.050 Million: 1820 N. Lincoln

This 4-bedroom historic row home at 1820 N. Lincoln (the one with the blue door) in the Old Town Historic District came on the market in June 2024. Built in 1879, this row home is on a 23×70 lot. It’s a fee simple row home so there are no assessments. There is no parking. It […]

5-Bedroom SFH with Indoor Lap Pool Reduces $675,000: 1225 W. George in Lakeview

This 5-bedroom single family home at 1225 W. George in Lakeview originally came on the market in April 2023. We have chattered about this home several times, including last year. You can see that chatter here. If you recall, the base of this home is an old Culinary Foods Inc. warehouse. It was transformed into […]

Renovated Vintage 3-Bedroom with W/D in East Lakeview for $565,000: 537 W. Roscoe

This vintage 3-bedroom at 537 W. Roscoe in East Lakeview came on the market in May 2024. Built in 1923, this building has two wings with 26 units. It appears to have a common outdoor space (see listing pictures with a patio with couches). There’s no parking or other amenities. This unit has some of […]

An East Lakeview Vintage 3-Bedroom with Parking for $424,950: 653 W. Buckingham

This vintage 3-bedroom at 653 W. Buckingham in East Lakeview came on the market in June 2024. Built in 1916, 653 W. Buckingham has 6 units and outdoor assigned parking. The building has a backyard and storage lockers in the lower level. This unit has many of its vintage features including wood crown molding and […]

Crib Chatter on Vacation This Week

It’s time for me to take some time off. I’ll be out all through next week but will be checking in from the beach. The Chicago market remains robust with very low inventory in the GreenZone neighborhoods. However, in a few neighborhoods such as Lakeview, the properties seem to be staying on the market a […]

3-Bedroom Penthouse with Private Roof Deck for $650,000: 3144 N. Sheridan in East Lakeview

This 3-bedroom penthouse at 3144 N. Sheridan in East Lakeview came on the market in June 2024. Built in 1914, 3144 N. Sheridan has 16 units and a common courtyard with grills and tables and a bike room. There is no door staff or parking except for 3 guest/temporary spaces on the side of the […]

Get a 3-Bedroom with Parking in East Lincoln Park for Under $620,000: 2523 N. Burling

This 3-bedroom at 2523 N. Burling in East Lincoln Park came on the market in May 2024. Built in 1896, this greystone has 4 units and outdoor parking. The unit is the first floor unit with both front and back entrances. (Is that a garden unit?) It has refinished hardwoods throughout and exposed brick accents. […]

It’s Happening: Apartment to Condo Conversion in the Gold Coast at 850 N. Lake Shore Drive

We’ve chattered recently about how there are no new condo towers going up downtown. There are some that have finished construction, but none that are going up. That’s the first time in a decade. Additionally, the downtown market has seen many older condo buildings “de-convert” back into apartments. This is the opposite of what we […]

6-Bedroom Gold Coast Row House on the Market for the First Time in 102 Years: 31 E. Scott

This 6-bedroom vintage row house at 31 E. Scott in the Gold Coast came on the market in June 2024. It was built in 1889 and does not have parking. From Crain’s: Built around 1889, the house was purchased in 1922 by Joseph and Grace Allworthy. Joseph Allworthy painted portraits of, among others, Illinois Gov. Adlai Stevenson, […]