Archive for the 'Neighborhoods/Suburbs' Category

What’s Wrong with Erie on the Park?

If you go on one of the Architectural Foundation boat tours, they will inevitably mention Lucien Lagrange’s River North “masterpiece”, Erie on the Park, at 510 W. Erie.  Built in 2002, the building has become a signature building on the far west side of River North with its criss-cross design that is similar in feel to […]

The Provenance: Good Building Priced Wrong in Edgewater

Maybe the name is a giveaway: “The Provenance.”  There is something not right about that name in Edgewater.  And if you walk up historic North Kenmore, you will stumble up on it and wonder, “why did they build this here?” Located at 5230 N. Kenmore, the building looks out of place next to the more historic […]

The Pullman Historic District: Worth a Look At?

  The Sunday Chicago Tribune had a cover story over the weekend about the gentrification of the North Pullman neighborhood.  For those of you who don’t know, Pullman is a Landmarked State and National Historic District (one of the few in the country that has city, state and national landmark status) located on the far […]

River City Is Swimming in Foreclosures

  Sorry to keep talking about the foreclosures, but they’re inescapable right now.  I’m hoping that I’m at least providing information for those people looking to buy in certain buildings (and want to avoid buildings with multiple foreclosures) or to those looking to see where some deals might be. Yes, the “deal of the century” […]

Crain’s Reports on More Problems with the Chicago Spire

  Problems continue to mount with The Spire.  Is anyone really surprised?  The developer, Shelbourne Development, has never built anything over 40 stories.  And now they’re expected to navigate constrution of this monster building? As reported previously, the official opening of the sales center was delayed several months because they didn’t have the right permits.  […]

When HGTV and the Tribune STILL don’t result in a sale

This converted loft space has been on not one but two HGTV shows (ReZoned and Look What I Did) according to this Craigslist post. Not only that- it was featured in the Chicago Tribune Magazine on July 29th, complete with pictures and a discussion on how the owner converted the old warehouse into a unique […]

When Rentals Destroy Value in a Condo Building: 8 W Monroe

8 W. Monroe had such promise.  Otherwise known as The Metropolis, it was a conversion of a loop office building into loft-ish units with high ceilings and, for some of the units, peek-a-boo views of the lake.  The building is located in the heart of the State Street shopping and theater corridor at State and […]

Trying to Sell Your Condo on eBay- Smart or Crazy?

If selling the normal For Sale By Owner methods don’t work on selling your condo – what about trying an auction on eBay? One Chicago condo owner is trying just that according to a posting on Craigslist.  It says that it’s a “$165,000 Luxury Gold Coast Studio for auction- current bid of $115,600.” He posted: […]

Ghosts and Goblins For Real Or Just Trying to Get Attention?

Given that we just celebrated Halloween, Coldwell Banker realtor Joe Nudo seems to have a sense of humor about a property in West Town.  Or maybe he’s trying to send a message about the actual property itself?  The following are pictures from the listing: Below are pictures of the actual home.  Spot any resemblence? 1025 […]

When Real Estate Doesn’t Always Go Up: 1209 N. State Parkway

For some reason, some buildings in Chicago just seem tainted.  Even during what was, undoubtedly, one of the greatest real estate booms the Chicagoland area has ever seen, some buildings and homes just don’t appreciate. Take the Fisher Studio Houses at 1209 N. State Parkway. This 12 unit building in the Gold Coast (nearly at […]