Archive for the 'Reductions' Category

Big Price Reductions Ahead of the End of the Credit: 200 N. Dearborn in the Loop

We’ve chattered about 200 N. Dearborn in the Loop before. It is the conversion high rise building by American Invsco. There have been distress sales in the building. The building has not sold out from the developer. But just in time for the end of the first time homebuyers tax credit, are these new price […]

Renovated Pre-War Co-Op Returns and is Now Reduced $189K: 3500 N. Lake Shore Drive

We last chattered about this 4-bedroom vintage co-op at 3500 N. Lake Shore Drive in Lakeview in May 2009. See our prior chatter and pictures here. In May 2009, the unit had just returned to the market after being completely renovated with new millwork, new marble in the common entry foyer, new wiring, space pac cooling […]

Chess Lofts Slashes Prices on Remaining Units: 320 E. 21st Street in the South Loop

It’s been nearly 2 years since we chattered about the Chess Lofts, the 2007 loft conversion of the former recording studio and warehouse for Chess Records in the 1950s and 1960s, at 320 E. 21st Street in the South Loop. See our June 2008 chatter here. According to the Tribune, these are the currently building […]

Mag Mile 2-Bedroom With Views Reduced Over $1.9 Million: 950 N. Michigan

We last chattered about this 2-bedroom unit at 950 N. Michigan in June 2008. See our prior chatter here. Since then, it has been reduced by $1,949,900. There is also furniture in the unit now whereas before it was completely empty. The condo has been renovated and has walnut floors, stone bathrooms (make sure you check […]

Vetro Developer Cuts Prices (Again) on 6 Units: 611 S. Wells in the South Loop

The developer at The Vetro, at 611 S. Wells, in the South Loop has cut prices (again) in a “developer close out” to try and sell 6 of the remaining available units. It appears the cuts are only on the bigger and pricer units. The ad for the price cuts list five 2 bedrooms + den/2.5 bath corner […]

Renaissance Interior Now in “Pre-Foreclosure”: 2015 W. Fullerton in Bucktown

We’ve chattered about this 3-bedroom unit with its own private elevator at 2015 W. Fullerton in Bucktown twice before. See our last chatter and pictures in March 2009 here. Since it’s original listing in December 2008, the unit has been reduced $204,100. The listing also now says it is a “pre-foreclosure” and that the owner says, “make […]

Now “Seriously Committed” To Selling Their Properties: 1550 N. State Pky, 25 E. Superior and 1540 N. Lake Shore Drive

You might have seen the advertisement in the Sunday Chicago Tribune for 3 upper bracket properties being offered by Katherine Chez at Coldwell Banker (she specializes in luxury properties.) You can see her website here. The ad states: “Three incredible listings with sellers seriously committed to selling their property:” And then it states at the […]

Still Waiting for a Buyer for this Lakeview Cottage: 1750 W. Grace

We’ve chattered about this 4-bedroom cottage home at 1750 W. Grace in Lakeview several times before. See our June 2009 chatter here. It is still on the market and has been reduced another $15,000. It is now listed $25,000 under the 2006 purchase price. The listing says it’s a great alternative to a condo. It has a […]

More Price Cuts at Superior 110? 110 W. Superior in River North

We last chattered about price cuts at Superior 110, the boutique modern new construction high rise at 110 W. Superior in River North, in the middle of August. See our prior chatter here. The developer had an ad in the Chicago Tribune this weekend talking about the “amazing price reductions.”  Aren’t these the same reductions as before? In […]

Can This 1903 Greystone Be Saved? 652 W. Sheridan in East Lakeview

We last chattered about this vintage greystone mansion at 652 W. Sheridan in East Lakeview in October 2008. See our prior chatter here. A year ago, the listing gushed about the vintage woodwork which included original wainscoting, chair rails, crown molding and coffered ceilings. The house has a library, a parlor and is close to the […]