Crib Chatter

It’s hard to figure out pricing in this market. Price the property too high and it will sit and sit and sit. But comps are unreliable in a declining market and every seller wants to maximize returns. This 3-bedroom duplex down at 2500 N. Orchard in Lincoln Park has been on and off the market […]

We’ve been chattering about how long you have to hold onto a property to actually make money. If you bought in the last two to three years, it’s been tough. Yes- even in Lincoln Park. Such is the case with this 2-bedroom unit at 1445 W. Belden. Last purchased in June 2006, it is now […]

Is it impossible to get a single family home in Lincoln Park for under $600,000?  Apparently not- but this 3-bedroom home at 2706 N. Wilton has one not so appealing feature: it’s right on the El tracks. But who’s noticing? Here’s the listing: opportunity to OWN a SINGLE FAMILY HOME IN LINCOLN PARK for the price […]

This seller at 1862 N. Halsted in Lincoln Park isn’t looking to make much profit on a purchase in 2006. What will this unit ultimately sell for?  It seems to have all the positive Lincoln Park attributes, including parking and a nice private deck. It has been listed for nearly 2 months. Here’s the listing: Top […]

Why do some properties sell right away and others stay on the markets for months? 2239.5 N. Lincoln in Lincoln Park was a new conversion in 2005.  This top floor 2-bedroom penthouse unit has been on the market since March and has had several price reductions. Here’s the listing: Dramatic light flooded 2 bedrom/2 bath […]

I stumbled across this single family house at 2533 N. Greenview in Lincoln Park on Craigslist. The Craigslist ad says it is a “short sale”. Here is the Craigslist ad: ****SHORT SALE*** Beautifully rehabbed 3 story home with 5 bdrms and 3 full & 2 half baths. 3,000 sq ft, PLUS full finished basement. Home features […]

Forget Millennium Park views. Since 1969, residents at 2800 N. Lake Shore Drive have been treated to a direct south view of Lincoln Park, the Lake, and the entire downtown skyline. This high floor 1-bedroom has stunning views to the south. Here’s the listing: Remodeled 1br condo, 32nd Fl. of Lincoln Pk luxury highrise, best […]

We’ve chattered about the empty McMansion phenomena before. This new construction 6-bedroom home at 559 W. Arlington in Lincoln Park hasn’t found a buyer in several years.  (Thanks to the tipster who sent me info on this property.) We chatter about a condo glut, what about a new construction McMansion glut? Here’s the listing: Extraordinary new 2007 […]

This unit at 2726 N. Pine Grove in Lincoln Park is just a 2 bedroom with 1 bath. And it doesn’t have parking or central air.   But it is located on highly coveted Pine Grove south of Diversey in Lincoln Park. The building was built in 1927 and the unit has built-in book shelves and some […]

We’ve chattered about “affordable” townhouses in both Lincoln Park and Lakeview. This corner 2-bedroom townhouse at 1812 N. Bissell in Lincoln Park is priced just under $500,000. Here’s the listing: Beautiful corner townhome in excellent condition. Home boasts cathedral ceilings, espresso stained hrdwd flrs, tons of windows w/high-end plantation shutters throughout. Updated kitchen w/42 cherry […]