Archive for the 'Neighborhoods/Suburbs' Category

Same Building, Different Unit, What Result? 1647 N. Sedgwick

Many of you will remember 1647 N. Sedgwick in Old Town from the summer of 2008. At that time, the third floor unit, with its own private rooftop deck, was on the market. It sold almost instantly. Here’s it’s history: Unit #3: 2 bedrooms, 1 bath, dining room Sold in January 2000 for $220,000 Was listed in June […]

Another Trolley Tour: Visit Developments on the Near North Side

  We’ve chattered about these Sunday trolley tours offered by Rebecca Thomson before and some of you have gone on the tours. From the website: “We carefully guide individuals looking to purchase a new home, investors in the selection of appropriate properties, and owners looking to sell an existing condominium residence. Our customers are those […]

Steals and Deals: 550 N. St. Clair Slashing Prices on All Units

I’ve been waiting for developers to finally throw in the towel and just start cutting prices in order to move product. It’s finally happening now at 550 N. St. Clair in Streeterville. A tipster has informed me that the developer, Sutherland Pearsall Development, is holding  a “private developer closeout” on the remaining available units. They are […]

$89K Price Reduction on Printers Row Loft: 711 S. Dearborn

We last chattered about this 2-bedroom authentic brick and timber loft in The Donohue Building at 711 S. Dearborn in Printers Row in May 2008. Since then, it has been reduced $89,000. Here’s the listing again: This elegant, spacious loft is filled with light–a true jewel steps from the financial heart of Chicago. Located in […]

Vintage Duplex Beauty in Lakeview: 421 W. Melrose

Put this one in the “they just don’t make them like this anymore” category. This vintage 4-bedroom duplex unit at The Eddystone, at 421 W. Melrose, in Lakeview just came on the market.  This unit has good “bones.” Here’s the listing: Possibly the most impressive vintage duplex with 2-story living room, book-matched paneling, moldings, plaster […]

Is “Special Pricing” Permanent at The Vetro? 611 S. Wells

Last June we chattered about “Special Pricing” on floors 7-18 at The Vetro, the new construction high-rise at 611 S. Wells, in the Printers Row area of the South Loop. It appears that those “special prices” that were for a “limited time” are still in effect on Units #1603 and #1607 (the units we chattered about […]

Foreclosure Alert: Stresses Continue in The Sterling at 345 N. LaSalle

Is it possible that even investors have tired of buying up foreclosed and short sale units in The Sterling, at 345 N. LaSalle, in River North? There are two in the building that have been sitting on the market for awhile with no takers but this high-floor 2-bedroom looks particularly intriguing. Here’s the listing: PRE-FORECLOSURE PROPERTY! HIGHLY UPGRADED […]

Reduction on Vintage Beauty: 630 W. Oakdale in Lakeview

This vintage 2-bedroom at 630 W. Oakdale in Lakeview has been on the market since July 2008 and has been reduced by $39,000. It seems to have it “all”- including central air, a fireplace, in-unit w/d and not just one, but two, parking spots. Who gets two parking spots in Lakeview? The kitchen and baths […]

Market Conditions: Trump Sues to Get a Loan Extension

  Donald Trump had a November deadline to pay off a $640 million senior construction loan on Trump Tower Chicago, at 401 N. Wabash in River North, and couldn’t meet the deadline. According to the WSJ and Crain’s, Trump already obtained one six-month extension on the loan and now wanted another. The lending group, led by Deutsche Bank, has […]

Selling 2 Years Later in Southport: 3842 N. Southport

These townhouses at 3842 N. Southport were new construction in 2006 and sold at the peak of the boom. This 3-bedroom unit is one of the first re-sales in the complex. What will these sell for 2-years later in a much different market? Here’s the listing: Located In The Heart Of The Southport Corridor Within […]