Crib Chatter

There are wonderful greystones and other historic houses along or near the boulevard system, including in Logan Square. This is one that was renovated around 2004. Unit #1S: 3 bedrooms, 2 baths, 1600 square feet, one car parking Sold in August 2004 for $349,000 Currently listed for $409,000 Assessment of $155 a month Rubloff North Shore has the […]

Inventory continues to build around the city.  If you look at enough listings you’ll notice that much of it is empty. Take these three townhomes at 1919 N. Drake near Logan Square.  (Not sure it’s actually IN that neighborhood though.)  Built in 2005, I don’t believe they have ever sold. Two of them have a sale […]

I recently chattered about a new two bedroom unit in The Palmolive in the Gold Coast that the listing said had “ONE MILLION DOLLARS IN UPGRADES CLIVE CHRISTIAN KITCHEN.” What exactly do you get for a million bucks? Here is what a standard kitchen in The Palmolive from the developer looks like: Yes, the master bedroom (see above) […]

Is it just me, or are market times increasing? I haven’t seen any data lately. Most of the stats seem to focus on number of sales or prices. But market time is also illustrative of the market conditions.  Take 2814 N. Sheffield in Lakeview. It has been on the market for about 270 days. Why? […]

It seems the 01 tier, which is a three bedroom, two bath southeast facing unit, isn’t re-selling as quickly as sellers had hoped in 600 N. Fairbanks in Streeterville. Currently, there are eight of the 01 tier units on the market. Two have now had substantial price reductions: #1301 and now #1901. #3201: $1,199,900 #2901: $1,199,000 […]

As we talked about earlier this week, it appears that Terrapin is trying to convert Burnham Pointe in Printers Row into a rental tower. At Burnham Pointe, the question is whether a buyer will be willing to pay more than the roughly $98 million, or about $327,000 a unit, that Terrapin borrowed to finance the […]

In December 2007, I chattered about the one bedroom units for sale in The Belvedere, at 270 E. Pearson, in the Gold Coast. They are among the most expensive one bedroom units for sale in the city (outside of new construction buildings such as Trump and The Spire.) Unit #502, an 1100 square foot one bedroom […]

The condo price point over $500,000 seems to be a hard sale right now. Two units are for sale in 1887 N. Poe in the Ranch Triangle area of Lincoln Park, more commonly known as the Clybourn Corridor. The building was built in 2005 and appears to have four units. Two first floor duplexes are currently on […]

There are several older condo buildings in the Gold Coast that were built in the 1960s and 1970s on Elm, Cedar and Astor. Some of the units are quite large but they have the shorter ceiling heights and many don’t have in-unit laundry. 40 E. Cedar is one of those buildings. Built in 1968, the […]

We’ve chattered about townhouses in Lincoln Park and the South Loop, but what do you get if you go west? 2555 W. Moffat is in West Bucktown or Humboldt Park, depending on what designation you use. It was built in 2001 and is only about 2 blocks from the Western Blue Line stop. You certainly get […]