Crib Chatter

Crain’s is reporting on a lawsuit filed in mid-December by Ronald Shipka Sr. and Gerald Fogelson, developers of One Museum Park at 1211 S. Prairie, against the building’s condo board. Says Crain’s: Their venture, which also includes Cleveland-based Forest City Enterprises Inc., still owns 41 units in the 298-unit tower at 1211 S. Prairie Ave., […]

This 2-bedroom penthouse unit at 41 E. 8th in the South Loop has been on and off the market since August 2009. It is now a short sale and is listed for about 45% under the 2003 purchase price. At 1600 square feet, the unit has a den and a private terrace with lakeviews along […]

This 2-bedroom concrete loft at 1516 S. Wabash in the South Loop has been on the market since May 2010. It has been reduced several times and is now listed $62,000 under the 2006 purchase price (if you include the parking spot.) It has 2-bedrooms but only 1 bathroom in 1114 square feet. The loft has […]

The last time we chattered about 125 E. 13th, a 2004-construction midrise building in the South Loop, was in February 2008 when the developer took out a full page ad in the Chicago Tribune about appreciation of the units in the Museum Park development. Turns out some of the original buyers in this building mentioned […]

This 2-bedroom duplex loft at 1442 S. Michigan in the South Loop has been on the market for 21 months. In that time, it has been reduced $85,000. The loft is now listed for $170,000 under the 2006 purchase price. If you’re a loft lover looking for unique features, look no further than this unit. […]

We last chattered about this 2-bedroom townhouse at 1352 S. State in the South Loop in July 2009. See our prior chatter and pictures here. In the nearly 16 months since, the townhouse has been reduced $70,000. In July 2009 some of you thought this might sell for the mid-$400,000s. It is now listed for […]

We chattered about this 2-bedroom unit at 1305 S. Michigan in the South Loop in June 2010. See our prior chatter and pictures here. It was a short sale and was listed for $77,600 under its 2006 sales price. It sold in August 2010 for $9,000 above the June list price. The unit had 10 […]

We’ve chattered about the 2008 constructed South Loop high rise, The Marquee, at 1464 S. Michigan numerous times over the last few years. This 1-bedroom short sale is currently the cheapest unit for sale in the building. The building stats are (out of 214 units): 28 for sale 3 for rent (on the MLS) Units […]

This 3-bedroom townhouse at 1843 S. Prairie in the South Loop has been on and off the market for 30 months. Originally listed in April 2008, it is now being marketed as a “short sale”. Part of the “homes of the Commonwealth” built in 2005 to replicate the feel of the old historic Prairie street, […]

We last chattered about this 2-bedroom penthouse at 40 E. 9th in the South Loop way back in March 2009. See our prior chatter here. Back in 2009, it was listed for 60% under its 2007 purchase price. Several of you seemed interested in the unit. But lo and behold, it is still on the […]