Many of you sent me this article from the New York Times last week about the increase in distress sales among the million dollar property crowd. While it didn’t discuss Chicago, specifically, the wealthy North Shore suburbs do get a mention. Five properties here in Los Altos were scheduled for foreclosure auctions in a recent […]
This vintage 2-flat at 3741 N. Janssen in the Southport neighborhood of Lakeview is listed as a short sale. The listing calls it a “nice investment opportunity”. It has only been on the market for about a week and already it is under contract. The building consists of two units: 2 bedrooms/1 bath, rented for […]
We chattered about this higher floor 2-bedroom unit at the modern high rise at 600 N. Fairbanks in Streeterville back in March 2009. See our March 2009 chatter here. At the time, the unit was looking to be sold for the THIRD time in just the prior 2 years. The original owner bought it in December 2007. The […]
Portage Park is famous for its “bungalow belt” of historic bungalows built in the 1920s and 1930s such as this 6-bedroom brick bungalow at 5416 W. Berenice. Currently listed as a “short sale” the price was just reduced by $50,000 and it’s now listed just under $300,000. It has all the bells and whistles that home […]
This 5-bedroom custom built newer construction home at 4329 N. Wolcott in North Center has been on and off the market since February of 2009. The listing says the home was “featured in CS Interiors”. Built on a larger than standard Chicago lot of 30×154, it has a deck with a built in Viking grill. […]
We’ve chattered about the conversion vintage mid-rise building at 433 W. Briar Place in Lakeview several times before. See our February 2009 chatter here. The developer has been selling units in the building since 2007. But this is the first time I’ve seen the top floor unit marketed with its own private 45×35 rooftop deck. […]
This 4-bedroom duplex penthouse unit in the Park Edgewater at 6101 N. Sheridan in Edgewater recently came on the market as a short sale. Built in 1930, the unit has 3 of its 4 bedrooms on the second floor, or duplex up. It also has a sunroom. The listing says that the kitchen is “original” but that the […]
This 3-flat plus coach house at 439 W. Webster in Lincoln Park was purchased in 2006. It has been on and off the market since 2008. But now the listing says it is a “stalled development opportunity for experienced developers.” (checking out the pictures, that is an understatement). The units are as follows: 2 bedrooms/1 bath […]
30 W. Oak, the modern tower in the Gold Coast, was not the tallest or the most luxurious new building to be built during the boom. But 4 years later, the building continues to be a standout in the Rush Street corridor. Built by Smithfield in 2006, the 46-unit boutique building has 22 floors (that construction in […]