Archive for the 'Neighborhoods/Suburbs' Category

Forget the Loft Condo, Buy the Loft Townhouse Instead: 1235 W. George in Lakeview

Perhaps you like the look of a loft but you crave more structure (and space). This loft style townhouse at 1235 W. George in Lakeview could be for you. It has exposed brick and timber ceilings on the top floor. But you get three levels and a family room along with a private entrance. This […]

We Love Authentic Lofts: Selling for Under the 2003 Price at 523 S. Plymouth in Printers Row

This 2-bedroom authentic brick and timber loft at 523 S. Plymouth, the Peterson Lofts, in Printers Row just had a large price reduction. It is now listed about $30,000 under the 2003 purchase price. The listing says “seller says sell now” so the price has been lowered to an “unheard of level” which includes the garage […]

Crilly Court Remains Popular: 1717 N. Crilly in Old Town

Crilly Court is a historic apartment complex consisting of several low-rise buildings in Old Town, some of which front Wells Street, which was converted from apartments into 90 condos in 2007. The buildings sold out quickly because of the location and historic nature of the buildings. Only a few parking spaces were available for purchase with the units […]

Short Sale Alert: Could an Investor Make Money Here? 8 W. Monroe

8 W. Monroe, the mid-rise conversion building in the Loop, has its share of investor owners. The building is in a convenient Loop location, has in-unit washer/dryers and parking is available. This 2-bedroom unit recently came on the market as a short sale. The listing says that renters are occupying the unit until September and are […]

Developer Reducing Some Prices in The Columbian: 1160 S. Michigan

There are still plenty of units to choose from in The Columbian, the 2007 new construction high rise at 1160 S. Michigan in the South Loop that sits at the corner of  Grant Park and Roosevelt Road. Current stats on the building (out of 220 units): 64 for sale 7 for rent Remember, some units may […]

$70K Price Cut on Vintage Lincoln Park 2-Bedroom: 1445 W. Belden

Sometimes, the price reductions can be death by a thousand cuts. But in the case of this vintage 2-bedroom loft-like unit at 1445 W. Belden in Lincoln Park, it went for the “drama” price cut- reducing $70,000 in one swoop. The unit has 15-foot ceilings, a renovated kitchen with Miele, Wolf and Subzero appliances, parking, central air but […]

Tri-Taylor 3-Bedroom Testing the Spring Market: 907 S. Miller

We last chattered about this 3-bedroom condo at 907 S. Miller in the Tri-Taylor neighborhood in January 2009 when it was only a listing on Craigslist. It has been off and on the market for the last 2 years. It has now been re-listed on the MLS for $20,000 lower than the January price. Will […]

8 Months and a 139K Price Reduction Later: River North Loft at 215 W. Illinois

We’ve chattered about this large 2-bedroom at the Anchor Lofts at 215 W. Illinois in River North several times. See our most recent January 2009 chatter here (no pictures.) The unit has been on the market since September 2008 and has now been reduced $139,000. It’s also listed for below its 2001 purchase price. In our […]

Developer and Other Sellers Reduce in Streeterville’s 600 N. Fairbanks

We’ve chattered about Helmut Jahn’s 600 N. Fairbanks in Streeterville a half dozen times. The building has seen some sales in 2009 with other units currently under contract. However, as someone posted about in the comments recently, the developer has recently reduced prices on the remaining few units still available. Most of the reductions look […]

A Year on the Market and Finally Under Contract: 2523 N. Burling in Lincoln Park

We first chattered about this 3-bedroom greystone vintage unit at 2523 N. Burling in Lincoln Park in April 2008. Someone said then that it would sell for near the asking price of $600,000. See our prior chatter and pictures here. The unit has remained on the market ever since and has been reduced $70,000. It is […]