Crib Chatter

We last chattered about this 2-bedroom duplex loft at Dearborn Tower at 1530 S. State in the South Loop in April 2011. See our prior chatter here. At that time it was listed for $734,000 but most of you thought it would sell for around $500,000 given what was going on in the South Loop […]

This 2-bedroom penthouse loft (is this even a loft???) at 1307 S. Wabash in the South Loop just came on the market. It has vaulted ceilings and, at 1680 square feet, is not your typical-sized 2-bedroom condo. The bedrooms have full floor to ceiling walls for added privacy. This unit has two outdoor spaces: a […]

This 3-bedroom townhouse at 1619 S. Indiana in the South Loop has been on the market since February 2011. It is a short sale and has been reduced $65,000 in that time. It was also under contract in July but then fell out. It is a fee simple townhouse with an attached 1-car garage. All […]

We last chattered about this 2-bedroom authentic loft in the Studebaker Lofts at 1619 S. Michigan in the South Loop in July 2010. See our prior chatter here. The loft has a massive New York-style open layout with 17 foot ceilings, exposed brick walls, and a refurbished tin ceiling. Since it’s a top floor unit, it has […]

We first chattered about the Chess Lofts at 320 E. 21st in the South Loop in June 2008 when the loft conversion building had just started closings. At that time, the flippers were active (remember them?) and “all offers considered” was the name of the game. See the June 2008 chatter here. Then, we chattered […]

How long does it take to go from a regular listing to a distressed property to bank owned to being back on the market from the bank? In the case of this 2-bedroom loft at 1528 S. Wabash in the South Loop- it has been 3 years. And if the loft looks familiar it’s because […]

This 3-bedroom in the Prairie House at 1515 S. Prairie in the South Loop recently came back on the market. This 11th floor unit had originally been listed 2 years ago at $735,000 and has been reduced $235,500 over that time to $499,500. The unit right underneath it, Unit #1006, also came back on the market […]

This 2-bedroom at 1530 S. State in the South Loop has been on the market since September 2011. It is a Freddie Mac Homesteps property. The unit has been reduced $45,000 since September and is now listed $8,100 under the 2001 price (which was the original sales price for the unit.) It’s hard to tell […]

The Vetro, at 611 S. Wells, in the South Loop became famous in Chicago real estate lore for being the first of the new construction high rises to 1) sell units at an auction and then 2) to slash prices dramatically to move the rest of the inventory during the height of the financial crisis. […]

This bank owned 3-bedroom at 1720 S. Michigan in the South Loop has been on the market since March 2011. In that time, it has been reduced $129,900 to $305,000. That price includes the parking space. This 3-bedroom unit is the largest floorplan in the building. It has Northeast views from floor to ceiling windows. […]