Archive for the 'Steals and Deals' Category

Steals and Deals: Update on 3180 N. Lake Shore Drive

Only a few weeks ago I chattered about this 3 bedroom, 2 bath unit at 3180 N. Lake Shore Drive that had a Craigslist ad stating that it was $191k below market. Unit #4A: 3 bedrooms,  2.5 baths, 1800 square feet Sold in November 2004 for $283,000 Listed in January 2005 for $519,900 Listed in […]

Steals and Deals: 2 bedrooms for under $300k in the South Loop

How badly do you want space? There are a couple of short sale condos on the market in Dearborn Park in the South Loop that are far cheaper than any of the new developments going up to the east. Of course, you’ll have to live in a building constructed in 1979. I’m talking about 1143 […]

Steals and Deals: Buy in the Loop for only $200k

Yesterday, everyone was going ga-ga over the $209k foreclosure at 300 W. Grand.  But it’s still possible to find a one bedroom condo for around $200k in the Loop where you can walk to Millennium Park and the Lake. 20 N. State in the Loop was converted from an office building in 2002.  The building is […]

Steals and Deals: River North 1 bedroom for only $209k

A “real” one bedroom has just come on the market in an older River North loft building for only $209,900- which may or may not include the parking space. This isn’t one of those “convertibles” or junior 1 bedrooms.  It’s the real deal.  And the bedroom also has a window.  This unit is already bank owned,  hence […]

Steal and Deals: Get a South Loop Townhouse on the Cheap

Townhouses have become quite pricey in the South Loop.  I’ve chattered about million dollar luxury townhouses and cheaper townhouses near Printers Row. But as more sellers get into trouble, prices are coming down on some properties.  Thanks to the tipster who sent me the listing info on this townhouse at 1529 S. State.  This building was […]

Steals and Deals: 3180 N. Lake Shore Drive

Maybe you’ve seen this Craigslist ad too.  It’s been posted for what seems to be months now. It has a title that reads: $399900 Lake Shore Drive 3 Bed / 2.5 Bath Priced $191K Under Market Who wouldn’t at least click on the post, right? Here is more: Lake Shore Drive 3 Bed / 2.5 Bath […]

Steals and Deals: A two bedroom in River North under $375k

Why buy a one bedroom in River North or Streeterville when you can buy a two bedroom for much less? For those looking to buy, it pays to look at the high rises that are slightly older.  Such is the case with Park Place at 600 N. Kingsbury on the edge of River North near […]

Steal and Deals: 3 Bedrooms Under $400k in the South Loop

A 3 bedroom unit has just been reduced at 1111 S. Wabash in the South Loop.  Developed by the Gammonley Group in 2005, the 34 story building was one of the first new high rises to be built during the South Loop boom. Is this a steal?  It is the cheapest 3 bedroom for sale […]

Steals and Deals: Fort Sheridan Mansion 60% Off

Normally, I post only on Chicago real estate but every once in a while a property comes up in the Chicago suburbs that is too interesting to resist.  A few months ago, I chattered about a Hinsdale mansion originally listed for over $3 million that finally sold in foreclosure for half of that price (around $1.5 […]

Is this Metropolis condo a “steal” at $225,000?

Pat posted a comment about this 1 bedroom condo at The Metropolis at 8 W. Monroe in the Loop.  I’ve talked about this building before.  It is a conversion building that closed in 2006.  There were and are huge numbers of flippers/investors in the building.  It seems that a large percentage of the building is […]