Archive for July, 2024

Market Conditions: June 2024 Sales at Lowest Since the Housing Bust in June 2012

The Chicago market remains tight, with low inventory. But June sales have now dropped to housing bust levels. From the Illinois Association of Realtors: The city of Chicago saw a 15.0 percent year-over-year home sales decrease in June 2024 with 2,235 sales, down from 2,630 in June 2023. The median price of a home in […]

Multiple Offers on a Vintage 2/1 Without Parking in East Lakeview: 3749 N. Pine Grove

This 2/1 at 3749 N. Pine Grove in East Lakeview came on the market on July 17, 2024. I don’t have a picture of this building. Built in 1905, it has 24 units and no parking. The units have separate storage. This top floor unit has some of its vintage features including a coffered ceiling, […]

Effortless Elegance of the Parisian Lifestyle Coming to River North: 707 N. Wells

This is the first time in a decade that a condo building is not under construction in downtown. We shouldn’t be surprised, then, that apartment to condo conversions are starting. The second one of the year was just announced last week and the sales center is about to open shortly. It is Chateau on Wells […]

A 2/2 with Recent Upgrades in River North Reduces $100,000 to $395,000: 600 N. Dearborn

This 2-bedroom in the Farallon at 600 N. Dearborn in River North came on the market in June 2023. (Yes, the frog lives on in my photo.) The Farallon was built in 2001 and has 162 units and attached garage parking. It has 24/7 door staff and an exercise room. This unit is a southeast […]

A 2-Bedroom Soda Pop Factory Loft with a Rooftop Deck for $550K in Lincoln Park: 1001 W. Altgeld

This 2-bedroom loft in the Soda Pop Factory Lofts at 1001 W. Altgeld in Lincoln Park came on the market in June 2024. The Soda Pop Factory Lofts at 1001 W. Altgeld was converted into 9 lofts in 1987. I don’t know the original age of the building. It has a center courtyard and attached […]

Buy or Rent? A 3-Bedroom Townhouse in Fulton Station at 320 N. Clinton in River West

This 3-bedroom townhouse in Fulton Station at 320 N. Clinton in River West came on the market in July 2024. (Picture above is of 310 N. Clinton side of the street) Built in 1998, Fulton Station has 24 townhouses with attached garages. This is an end unit townhouse and has three outdoor spaces including a […]