Archive for the 'Neighborhoods/Suburbs' Category
433 W. Briar Place is a conversion of a 34 unit 1929 highrise in Lakeview. The developer started selling these over a year ago. I last chattered about this building in October when the developer was trying a sealed bid sale to move some of the units. From the bid listing: Fab. Vintage 11 story building at 433 Briar between […]
February 18th, 2008 | Posted in Lakeview | 25 Comments
We’ve talked about the prices in the South Loop compared to the North Side before. But what about a truly classic 1870 mansion and coachhouse? And I do mean MANSION. This house puts the new McMansions to shame. The Elbridge Keith Home at 1900 S. Prairie is 12,000 square feet, including a coach house. Here’s an original picture […]
February 15th, 2008 | Posted in South Loop | 5 Comments
There are, actually, quite a number of listings under $250,000 in the Gold Coast, Streeterville areas. Not all of them will be what most people are looking for (many lack parking or a washer/dryer or updating since the 1970s.) But I stumbled across this 1 bedroom in a vintage building on North LaSalle that has […]
February 15th, 2008 | Posted in Gold Coast | 1 Comment
In November 2007, I chattered about desperate sellers at 630 N. Franklin in River North. Four months later, some are still in “distress.” 630 N. Franklin is a CMK developed 165 unit mid-rise in River North. It closed in 2005. Unit #810 was in the short-sale process when I last chattered about the building. This time, it’s Unit #1105. […]
February 12th, 2008 | Posted in River North, Short Sales | 19 Comments
I hope some of you saw the full-page ad in the Sunday Chicago Tribune for Museum Park at Central Station. It had a headline which stated: “An Unmatched Record of Value and Appreciation in Chicago’s Most Successful Lakefront Neighborhood” The ad then listed 7 buildings and various units from the buildings to show buyers how […]
February 11th, 2008 | Posted in South Loop | 33 Comments
There are certain price points that appear to be struggling more than others in this market. One of them are condos over $400,000. This penthouse unit at 3815 N. Damen in North Center is indicative of what a lot of sellers will discover this spring: if they bought in the last two or three years they […]
February 8th, 2008 | Posted in North Center | 9 Comments
Uptown has always had such promise. Tucked between Lakeview and Edgewater with access to the Lake, it has just never really taken off. But during the boom, even Uptown saw price appreciation. It’s no longer unusual for someone to pay $300,000 for a two bedroom condo in Uptown. But how long will that last in the bust? […]
February 6th, 2008 | Posted in Uptown | 61 Comments
There is a listing from Baird & Warner for 60 E. Monroe that keeps popping up in the Sunday Tribune. I was confused about it until I realized that it was for a unit in The Legacy– which is currently under construction and not scheduled to be completed until 2009 or 2010, at the earliest. These are pictures of the […]
February 5th, 2008 | Posted in Millennium Park | 11 Comments
Only five years ago, you used to have buyers moving to the West Loop because it was considered a “value” compared to the more expensive north side of the city. You got more bang for your buck. Currently, however, that doesn’t seem to be the case. Is that a good thing or a bad thing […]
February 5th, 2008 | Posted in West Loop | 4 Comments
Apparently, this poster on Craigslist thinks if he/she just asks if anyone is interested- people will respond. Are there any interested parties out there who are looking for a high floor one-bedroom in the new Jahn building at 600 N Fairbanks? I don’t have the exact numbers, but I would estimate there are at least 200 […]
February 4th, 2008 | Posted in Streeterville | 25 Comments