Archive for the 'Neighborhoods/Suburbs' Category
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 […]
$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 […]
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 […]