Archive for the 'Neighborhoods/Suburbs' Category

Market Conditions: Small(er) Condo Developers Return to the Scene

They’re back! According to Crain’s, condo developers are starting to build again- mainly 6 and 8 flats in the neighborhoods. From Crain’s: ”For the time being, this will work in quality locations with a very limited number of units,” said Jason Vondrachek, managing broker and owner of Chicago-based Quest Realty Group. Quest recently broke ground […]

Get a 3-Bedroom Lincoln Park Penthouse For Under $350K: 2520 N. Lincoln

This 3-bedroom duplex up penthouse at 2520 N. Lincoln in Lincoln Park just came on the market. All 3 bedrooms are on the second floor. The unit also has skylights and 2 balconies. This building was built in 1970 and appears to have been converted in the 2005-2007 period.  The finishes reflect that era including cherry […]

Little Fockers Was Filmed Here! Does It Matter? 840 W. Wrightwood in Lincoln Park

This 1894 corner building at 840 W. Wrightwood is so quintessential Lincoln Park that Hollywood decided to use it as a backdrop in the movie The Little Fockers. You can see the building for about a half a second in this trailer (seen near the end.) The listing also fills you in that it is a famous […]

Selling 2 1/2 Years After the Developer Slashed Prices: 659 W. Randolph in the West Loop

In June 2009, we chattered about the massive developer price cuts in the new construction building R+D659 at 659 W. Randolph in the West Loop. Someone who went to the sales center the weekend after the price cuts were announced called it a “madhouse” and they apparently had 35 contracts the first weekend. See our […]

Looking for a 3/3 With Lake and River Views?: 420 E. Waterside in Lakeshore East

This 3-bedroom in The Regatta at 420 E. Waterside Drive in the Lakeshore East development of the Loop (also known as the the “new east side”) recently came on the market. The listing says it has both Lake and Chicago River views. It is a rare 3 bedroom which also has 3 bathrooms (instead of […]

This 4-Bedroom Victorian May Have Everything: 4620 N. Winchester in Lincoln Square

This 4-bedroom Victorian at 4620 N. Winchester in the Ravenswood/Lincoln Square neighborhood recently came on the market. Built in 1891 on a 25×152 lot, it has a front yard and porch, with a swing. The house has a double parlor and a formal dining room alongside some period details like stained glass windows. The kitchen […]

Love Modern Single Family Homes? 1529 W. Wolfram in Lakeview

We’ve been chattering about the recent spate of modern single family homes being built, especially in the West Town neighborhood, but this 5-bedroom new construction single family home at 1529 W. Wolfram is in Lakeview. The house is 5000 square feet on a standard Chicago lot of 25×125. It has custom millwork and a coffered ceiling […]

What Happens to Sellers 2 Years After the Price Cuts? The Vetro at 611 S. Wells

The Vetro, at 611 S. Wells, in the South Loop became famous in Chicago real estate lore for being the first of the new construction high rises to 1) sell units at an auction and then 2) to slash prices dramatically to move the rest of the inventory during the height of the financial crisis. […]

Market Conditions: Is Chicago’s Upper Bracket on the Road to Recovery?

Crain’s is reporting that William Wrigley Jr. has buyers for both his Lake Forest home and 2 out of the 3 multi-million dollar units he had listed as raw space in 65 E. Goethe in the Gold Coast. He is taking a loss on the Lake Forest home. The 11,000-square-foot Lake Forest home on Lake […]

Buy a “Secret Haven” 4-Flat in Old Irving Park: 3908 N. Kedvale

My picture of this 4-flat at 3908 N. Kedvale doesn’t do the gardens out front any justice as I’m sure you have to see them in full bloom to really appreciate them (see the listing photos for better pics.) This is a unique multi-family property on a large 62.6×173.6 property.  Given the lot size, there […]