I’m having a hard time finding properties to crib about because the inventory remains at a record low and when something new does come on the market, it is often selling within days. Crain’s Dennis Rodkin covered Chicago’s red hot market this week: Within 48 hours of going up for sale last weekend, a two-bedroom […]
This 2-bedroom in 2440 N. Lakeview in Lincoln Park came on the market in October 2025. Built in 1927 by Russman & Hirshfeld, it is on Lincoln Park and has Lake Michigan views. The building has 97 units and an attached parking garage. There are just 2 apartments per floor. It’s a full service building […]
It’s been difficult to find properties to crib on as the inventory continues to drop in the GreenZone. November and December are usually the low points of the year anyway, due to the holidays and the slower winter market. Sellers wait until January to list to get the spring buyers. This year, inventory was already […]
This Illinois Association of Realtors is out with the May data. As we know, inventory remains tight and sales remain low. Year-over-year sales fell again, but so did inventory. It was the slowest May for sales since May 2020, when the real estate market was spooked at the start of the pandemic. The city of […]
It’s still a seller’s market in Chicago as inventory remains near record lows. One of the reasons new posts have been sporadic is because there really isn’t much coming on to talk about. Statewide, in May, it looks like inventory jumped 15% year-over-year but we’ll see when the IAR puts out the data in a […]
It’s time to get back to the monthly sales data. We’ve been chattering about how low the inventory has been this spring. It hit new lows for this cycle in February 2025. From the Illinois Association of Realtors: The city of Chicago experienced a 3.1 percent year-over-year home sales decrease in February 2025 with 1,306 […]
Crain’s Dennis Rodkin reports on the “phantom” gold coast building at 1447 N. Dearborn Parkway, that has seemingly been mostly empty since as far back as 1990. We even chattered about the building ourselves in 2015 (although I used 1445 N. Dearborn as the address, instead of 1447.) Some of you posted the permits for […]
This 2-bedroom at 17 E. Division in the Gold Coast came on the market in February 2025. Built in 1900, 17 E. Division has 6 units and some outdoor parking. The listing called this top floor unit a “French-inspired penthouse.” The unit has some of its vintage features including custom moldings, 12 foot ceilings, a […]
The Illinois Association of Realtors is out with the November 2024 sales update for the state, suburbs and city of Chicago. Sales remain near housing bust lows thanks to low inventory. From the IAR: The city of Chicago saw a 3.7 percent year-over-year home sales increase in November 2024 with 1,481 sales, up from 1,428 […]
It’s December in Chicago. This is a slow month for real estate in Chicago. Many homeowners are waiting to sell in the spring market which now begins in early January. They are enjoying the holidays with family and friends and don’t want their home life disrupted by home buyers. But there is slow, and there […]