Archive for the 'Reductions' Category

Vintage Exterior but Modern Interior Reduces $25K: 1722 W. Wellington

This house at 1722 W. Wellington in Lakeview elicited much chatter when it was last featured in April. Read our prior chatter here. It has since been reduced $25,400. The completely renovated modern interior includes a spiral staircase and skylights. Catherine Brennan at Sudler Sothebys has the listing. See the listing and other pictures here. […]

Mid-Century Modern Returns at Under the 2004 Price: 235 W. Eugenie in Old Town

We chattered about this Harry Weese mid-century modern duplex at 235 W. Eugenie in Old Town several times last year. See our March 2008 chatter and pictures here. After several price reductions it was withdrawn from the market. Well, it’s back and reduced again. It’s now also listed under the 2004 purchase price. The 2-bedroom unit is in a […]

Prices Slashed at RD 659: 659 W. Randolph in the West Loop

We’ve chattered about new construction high-rise, RD 659, at 659 W. Randolph in the West Loop numerous times in the last year as it just started closings and some buyers had trouble obtaining financing. Thanks to the tipsters who sent me information about the “bank liquidation pricing” that started on the remaining available units over the weekend. According to someone […]

Reduction on 3-Bedroom Soda Pop Factory Loft: 1001 W. Altgeld in Lincoln Park

We last chattered about this 3-bedroom brick and timber multi-level authentic loft in the Soda Pop Factory at 1001 W. Altgeld in March. See our prior chatter and pictures here. It has since been reduced $16,000. Joseph Siciliano at @Properties still has the listing. See more pictures here. Unit #1: 3 bedrooms, 2.5 baths, 1800 […]

Developer Cuts Prices by $50K in Lakeview: 2936 N. Lincoln

The developer of this 8-unit new construction building at 2936 N. Lincoln in Lakeview has sold 4 out of the 8 units in 3 years. 2 sold in 2007 and 2 sold in 2008. The last sale was in July 2008. To move units, the developer recently cut prices by $50,000 on all remaining units calling it […]

Vintage Beauty on the Drive Reduces $67K: 3400 N. Lake Shore Drive

We last chattered about this vintage 3-bedroom in 3400 N. Lake Shore Drive in October 2008. See our prior chatter and pictures here. Originally part of the lobby, the unit has 13-foot high ceilings, extensive woodwork, including a gorgeous fireplace, in-unit washer/dryer and deeded parking. It has also been reduced by $67,000 since October 2008. […]

Flip This Condo is Back and Reduced: 1952 N. Seminary in Lincoln Park

We originally chattered about this 2-bedroom vintage condo at 1952 N. Seminary in Lincoln Park in July 2008. Read our prior chatter and see pictures here. The penthouse unit was renovated and was being flipped. I asked in July, “will professional staging help sell this unit?” Now, the listing says “BONUS: plasma TV and movie […]

Developer Cutting Prices in The Metropolitan: 310 S. Michigan

The developer of The Metropolitan, at 310 S. Michigan, in the Loop (overlooking Millennium Park) recently sent out a marketing e-mail detailing large price cuts on  1, 2 and 3 bedroom units (some with lakeviews.) Here are some details of the price cuts: Unit #712: 1 bedroom, 1 bath Was priced at $299,900 Now priced at $249,900 Unit […]

Does Parking Matter? $25K Reduction on Renovated Vintage at 2157 N. Seminary

We last chattered about this 2-bedroom vintage rehab at 2157 N. Seminary in Lincoln Park in early April. It has since been reduced another $9,100. It has Ann Sacks tile in the kitchen and around the fireplace.  It also has a large back deck. But it’s missing deeded parking. Diana Peterson at PMD Realty has the […]

Sellling 1 Year Later…But Now 2 Years Later: 615 W. Deming in Lincoln Park

We last chattered about this large duplex 2-bedroom at 615 W. Deming in Lincoln Park in August 2008. See our prior chatter and pictures here. It sold in August 2007 and was re-listed less than a year later for $50,000 over the 2007 sale price. It is still on the market and has been reduced […]