Archive for the 'Old Town' Category

Vintage Beauty in Old Town: 1814 N. Lincoln Park West

Old Town is a very desirable neighborhood but the inventory is limited if you are looking for a certain type of property- say, one with a parking space. Unlike some vintage properties which have been gutted and stripped of the original features, this unit at 1814 N. Lincoln Park West still has the historic feel.  Unit #4: […]

North Wells in Old Town: The Hottest Street in Chicago

Forget about Astor Street.  East Lake Shore Drive?  Ho-hum. The hottest street to live on in Chicago right now is North Wells in Old Town.  Property values continue to rise there, with some buildings rivaling the prices paid to live in top neighborhoods like Streeterville and the Gold Coast.  And it doesn’t seem like the values […]

“Motivated Sellers” Are Everywhere

Lots of listings right now have the proverbial: “Motivated Sellers” But recently I’ve been seeing more of: “Willing to Negotiate” Such is the case with this 2004 townhouse in Old Town.  This townouse is in the not-so-great part of Old Town (in the re-developed area near Division.)  Old Town has several personalities.  There is “real” Old […]

Get Your Own Caretaker and Housekeeper With Old Town Rental

Sometimes, you don’t want to buy, you just want to rent.  And why not rent a historic single family home in the Old Town historic triangle where you get your own caretaker, full-time housekeeper and complete nanny quarters? What is a caretaker, anyway?  From Dictionary.com: A person who is in charge of the maintenance of a […]

$70,000 or 15% Price Reduction at 334 W. Menomonee

    The slowing market is hitting some of the smaller developers. I have discussed the slow sales at 334 W. Menomonee before. Units at the historic conversion at 334 W. Menomonee in Old Town were recently reduced after only 4 of the 18 units have sold.  The developer also has many of the unsold […]

Buyers Just Love Old Town’s Crilly Court

      Over a year ago, a developer was selling condo units in the Crilly Court complex, a historic group of buildings in Old Town that had been apartments for decades.  The buildings, totaling 90 units on Wells, Eugenie, St. Paul and Crilly Court, were gutted and the piping and windows replaced.  Every unit had […]

How Valuable is Parking to a One Bedroom Condo in Old Town?

Rarely do one bedroom units in Old Town come on the market with parking (let alone two parking spaces.) It’s the nature of the older, smaller streets and no alleys as well as the density of the area. Two recent conversions at Crilly Court and 334 W. Menomonee both sold most, if not all, of […]

Best Deal in Old Town: Michael’s Terrace

Want to live in Old Town but want washer/dryer in the unit, parking and two bedrooms for under $400,000? Yes- it can be done. The best deals in Old Town are at 1309 N. Wells, otherwise known as Michael’s Terrace. It’s that ugly black glass building that is at the south end of Wells, towards […]

Unique Duplex In Carl Street Studios in Old Town

  Looking for something outside of the white box high rise? Look no further than 155 W. Burton, the Carl Street Studios.  Only 16 units, the complex was built in 1922 with unique duplex and triplex units, many with interesting terraces and rooftop decks.  The complex has a lovely interior courtyard.  The units have a […]

Historic Old Town Triangle Conversion Struggles to Find Buyers

  It seems that even some developers know that we are heading into the slow sales time of the year.  Melrose Partners, which is rehabbing 334 W. Menomonee in Old Town with top of the line finishes has units for sale OR for rent in the 18 unit building. It is a gorgeous renovation of a […]