Last May we had quite the discussion about this 3-bedroom vintage unit at 522 W. Briar in East Lakeview that was renovated and seemed to have “everything” except parking. I had asked a simple question: Why isn’t this selling? Six months later, it still hasn’t sold and has been reduced another $30,000. Here’s the listing: […]
We first chattered about this cute North Center 4-bedroom home at 1750 W. Grace in June 2008. Agent Eric Rojas, who was NOT the agent on the property but ran an open house there, updated us on the house in September after it was reduced further. It’s still on the market and has been reduced again. 1750 W. […]
Sellers aren’t just waiting for buyers in Lincoln Park and Lakeview. Maybe it’s something with the $400,000 – $500,000 price range? This 2-bedroom gut rehab greystone unit at 1508 W. Wilson in Ravenswood has been on the market since May 2008 and has been reduced several times. Here’s the listing: UNBELIEVABLE PRICE FOR THIS STUNNING, ONE-OF-A-KIND PENTHOUSE IN CLASSIC CHICAGO […]
We’ve chattered about this 3-bedroom unit in the The Manor House, at 1021 W. Bryn Mawr, in Edgewater twice before. It’s been on the market since at least last November, when we first chattered about it. It’s now been reduced by $140,000. Here’s the listing: Amazing 3-level 3 bed 2 bath in classic historic building. ‘The Manor House’ […]
We chattered about this 2400-square foot authentic loft at 411 S. Sangamon in the West Loop in early August. It is still on the market and has been reduced $69,000, although in the prior listing the parking was included and now it’s $20k extra. So the “true” reduction is only $49,000. Here’s the listing again: […]
This brick townhouse at 327 W. Eugenie in Old Town was built in 1971. If you like Old Town, this is in a fantastic location. It is right near the Historic Triangle and the restaurants/shops on Wells Street. This seller bought in 1986, when the neighborhood was just a tad different. Here’s the listing: OLD TOWN! FAB […]
This 4-bedroom vintage home at 2028 W. Walton in West Town is one of those that was in the Coldwell Banker 10-Day sale. It has been reduced $149k over the past 6 months. It’s sales history is also illustrative of what has happened to home prices in the West Town neighborhood in the last 15 years. […]
Flippers continue to close on units thinking they can make a profit flipping them. Some have been lucky- especially in “prestige” buildings such as 340 On the Park. This seller of a 3-bedroom in 600 N. Fairbanks isn’t one of the lucky ones. We’ve seen some 1 and 2-bedroom units flip successfully in the building. […]
This 2-bedroom unit at 1120 W. Armitage in Lincoln Park has been re-listed 3 times in the last 6 months. Each time, it has been reduced. Here’s the listing: Bright Southern exposure unit in Greystone building. Classic vintage details include: natural woodwork/trim, high ceilings, and hardwood floors throughout. This updated unit has an eat- in kitchen, […]
We’ve chattered about this 3-bedroom unit at 1013 W. Webster in Lincoln Park at least two times before. It has been reduced another $50k and is now listed $86,112 below its original asking price from last March. Here’s the listing again: Magnificent, historic timber ceiling townhome that has been recently rehabbed. Pride of ownership is […]