Archive for the 'Neighborhoods/Suburbs' Category

Are Short Sales Bringing Down Prices in Schorsch Village?

What should that bungalow cost on the far west side? Schorsch Village is a section of the Dunning neighborhood on the far west side which has bungalows and tudors from the 1940s. As some of you chattered about recently, some of these homes are being sold at a massive discount to previous sale prices. What […]

Com Ed Station Resales: 1128 W. Ardmore in Edgewater

This former Com Ed station at 1128 W. Ardmore in the Edgewater neighborhood was converted into lofts in 2006. 2 units are back on the market as re-sales- not even two years after the original closing. @Properties has the listing (see more pictures here.) Unit #3: 1 bedroom plus den, 1.5 baths Sold in February […]

Another Reduction at 334 W. Menomonee in Old Town

We’ve chattered about 334 W. Menomonee in Old Town, the 18-unit historic conversion by Melrose Partners, several times in the past. Last April, Unit #106, a 1-bedroom unit, had re-appeared on the market after it had been listed for much higher previously. It is still on the market and has been reduced again. Here’s the history: Unit #106: 1 […]

Selling for Less Than 2006 Prices: 2658 N. Seminary in Lincoln Park

We’ve chattered a lot about how prices are (or are not) holding steady in Lincoln Park – with the argument being it’s a “prime” address. This seller at 2658 N. Seminary seems to be pricing realistically for this housing market. It’s actually listed for less than it was sold for in 2006 (and no, it’s not […]

Unique Gold Coast Coach House: 29 W. Chestnut

MMK asked: “Sorry, off subject… Sabrina, can you review 29 W Chestnut, a townhouse listed at $850,000? A friend expected this listing to be priced at $450,000, and was surprised to see it listed so high even if the unit itself is impressive. I’m interested, but can’t find comps because it’s so unusual.” 29 W. […]

Flipper Alert: Flips and Rentals Appearing in Library Tower: 520 S. State

It’s taken many years, but Library Tower at 520 S. State across from the Harold Washington Library in Printers Row is finally going to start closings this month. There are 184 units in the building. The first rentals and flips are appearing on Craigslist and the MLS. Unit #714, a one bedroom unit, just appeared on […]

Flipper Alert: Unit #1301 Still Fascinates: 600 N. Fairbanks

We have chattered extensively about Unit #1301 in 600 N. Fairbanks in Streeterville. The 3-bedroom unit was on the market for months, had numerous price reductions, went under contract and finally sold. It has set a new comp for the 01-tier units in the building. Or has it? Mysteriously, it is back on the market […]

Ravenswood Vintage Beauty with Skylights: 4431 N. Paulina

  Imagine if they built this greystone at 4431 N. Paulina in Ravenswood today? What would it cost to build these units with beamed ceilings and built in dining room cabinets? This 3-bedroom unit has built-ins galore but an updated kitchen that proves you can still have vintage with the modern amenities. It also has two […]

South Loop Townhouse Selling at a Loss: 1938 S. Prairie

The listing for this 2-bedroom townhouse at 1938 S. Prairie in the South Loop simply lays it out there: “Priced below original purchase price — owner relocating!” But from the sales info, it appears that there hasn’t been much appreciation in the property in a couple of years. South Loop townhouses have been hot the last 5 […]

We Love Secret Terraces: 411 S. Sangamon in the West Loop

We love cool lofts and what is better than one with a secret terrace? That’s what you’ll find in this huge 4-bedroom loft at 411 S. Sangamon in the West Loop. The 600 square foot terrace has a built in grill/sink/refrigerator and custom lighting. My question is: how do you protect the refrigerator etc. in the […]