Archive for the 'Neighborhoods/Suburbs' Category

Lincoln Park Single Family “Short Sale” Reduces $199K: 2533 N. Greenview

We last chattered about this “short sale” 5-bedroom single family home at 2533 N. Greenview in Lincoln Park in September 2008. See the pictures and our prior chatter here. It is still on the market, still listed as a “short sale” and the listing says it is still currently rented for $5,000 a month. But […]

Cheapest House in Old Town is Now Cheaper: 1454 N. Orleans

We last chattered about this 3-bedroom single family home at 1454 N. Orleans in Old Town in May 2008. It was among the cheapest single family homes currently on the market in Old Town. It’s gotten $34,000 cheaper since we last chattered about it. The sellers are also now “motivated.” Are the El tracks, right in front […]

Update on 3150 N. Sheffield: 9 Months Later Two Sold, Two Still Listed

We last chattered about The Vic Lofts at 3150 N. Sheffield in Lakeview in May 2008. At that time, we discussed 4 different units. Since then, 2 of the 4 have sold for under their prior 2006 sales prices. 2 others are still on the market, with both significantly reduced by $30,000 and $35,000, respectively. […]

We Love Authentic Lofts (with private rooftop decks): 1701 N. Damen in Bucktown

This authentic brick and timber loft at 1701 N. Damen in the heart of Bucktown is one of those buildings that was converted in the early 1990s, back when lofts were meant to be big and spacious and have things like spiral staircases to rooftop decks. Since we love authentic lofts AND private roof top […]

Old Man Winter Strikes Again: 1227 W. Wrightwood in Lincoln Park

We recently chattered about the new construction home in Bucktown/Wicker Park that had the burst pipes and water up to the first floor. You can see the Fox News video here. But water and weather problems aren’t limited to foreclosures in the harsh Chicago winters. Thanks to the tipster who sent me info about this […]

A Victim of the Bad Market? 2057 N. Seminary in Lincoln Park

This 3-bedroom duplex down unit at 2057 N. Seminary in Lincoln Park has been on the market for 16 months. It is now listed $90,000 less than its original listing price and under its 2005 selling price. It seems to have it “all”- including central air, washer dryer, large square footage- except it doesn’t have parking. Is this […]

Developer Cuts Prices Again on South Loop Townhouses: 2301 S. Wabash

We last chattered in November 2008 about the developer slashing prices on 3 remaining townhouses at The Wabash Club at 2301 S. Wabash in the South Loop. At the time, the price cuts were $100,000 to $175,000 and the listing said, “Unbelieveable opportunity* These final units are priced well below prior sales in the complex. […]

Four Months Later: Still Available and No Price Reductions: 2944 N. Broadway

We last chattered about this 2-bedroom unit at 2944 N. Broadway in Lakeview in September 2008. Many of you thought it was overpriced in the fall. See our chatter and pictures here. It’s still available and there has been no price reduction. (Note bedroom sizes below- which were a topic of chatter in September.) Here’s […]

The $600,000 1-Bedroom in Streeterville: 240 E. Illinois

Before you start hyperventilating at the prospect of a $600,000 1-bedroom in Streeterville, please keep in mind that there are actual comps behind the listing of this large 1-bedroom unit in 240 E. Illinois, the Fairbanks at Cityfront Plaza. Unit #2810 is, according to the listing, an east facing unit. It also has “upgraded” kitchen and […]

Foreclosure Alert: 40% Under the 2006 Price: 1412 W. Division

This 2-bedroom unit at 1412 W. Division in West Town might be a little too close to the Kennedy Expressway for some people’s tastes, but it’s now bank-owned and on the market for about 40% less than it sold for in 2006. See the exterior picture and the listing here (unfortunately- no interior pictures available). Has anyone […]