Archive for the 'Rehabs' Category

Crown Molding Makes All The Difference: A 1-Bedroom in 440 N. Wabash in River North

This rehabbed high floor 1-bedroom at 440 N. Wabash in River North recently came on the market. In January 2012, it sold in a distress sale for about 54% under the 2005 purchase price. Back in January, the 807 square foot unit had carpeting and a completely white rental kitchen and rental bath. See the prior […]

Looking For A Rehabbed Pre-War 4-Bedroom in Hyde Park? 5658 S. Blackstone

This vintage 4-bedroom at 5658 S. Blackstone in Hyde Park recently came on the market. It last sold just 5 months ago, in April 2012, in an estate sale. You can see pictures of what the unit looked like then here. Built in 1920, the building has 20 units and many features of pre-war apartments […]

Buy A Foreclosure, Fix It Up And??? A 1-Bedroom in 3110 N. Sheridan in East Lakeview

This 1-bedroom at 3110 N. Sheridan in East Lakeview has been on the market since November 2011. Bank owned in 2009, it has been totally rehabbed with some interesting finishes we normally don’t see in one bedroom condos. It has heated slate floors. The kitchen has a Bosch dishwasher, a Monogram oven and a Traulsen refrigerator. Granite counter […]

This 2-Bedroom Gold Coast Townhouse Has Seen It All During This Housing Bust: 820 N. Dearborn

Talk about a microcosm of the market. This 2-bedroom townhouse at 820 N. Dearborn in the Gold Coast has gone from a foreclosure in 2009, to being rehabbed in 2010, to being rented out in 2011 and now it is listed for sale once again. We’ve actually chattered about it several times over the years- […]

The Renovated 3-Bedroom Albany Park Bungalow: 4437 N. Christiana

This 3-bedroom bungalow at 4437 N. Christiana in Albany Park came back on the market in June 2012, just 6 months after its last sale. It sold in January 2012 in an estate sale for just $140,000. The rehabber kept some of its original features like the fireplace and built-ins as well as stained glass which […]

Renovated Victorian Still Waiting For a Buyer 18 Months Later: 4446 N. Damen in Lincoln Square

We last chattered about this 4-bedroom Victorian single family home at 4446 N. Damen in Lincoln Square in February 2011. See our prior chatter here. It last sold “as-is” in October 2009 and the listing said it needed rehab. It came back on the market briefly in November 2010 and then came back for good […]

Is 2012 The Best Year Ever For Investors? A 2/2 Duplex Down At 4545 S. Drexel In Kenwood

This 2-bedroom duplex down in a Daniel Burnham designed greystone at 4545 S. Drexel in Kenwood was on the market last summer as a distress property. Originally listed for $119,000 in August 2011, the listing described it “needs some finishing work but an outstanding opportunity, hurry and bring your CASH offer.” It sold in April […]

This Restored 4-Bedroom Farmhouse Used To Be A “Beat Up” 2-Flat: 2421 N. Campbell in Logan Square

This 4-bedroom farmhouse  at 2421 N. Campbell in Logan Square just came on the market. Built in 1889 on a standard Chicago lot of 25×125, it was previously a 6 bedroom, 2 bath 2-flat. The former 2011 listing simply said:  “Old beat-up two flat needs TLC. Borderline tear-down.” Bought in February 2011, the property was restored into […]

What Happens After A Rehabber Rescues A House From the Bank: 2035 W. Hutchinson in North Center

We’ve chattered about this 5-bedroom single family home at 2035 W. Hutchinson in North Center several times over the past few years as it went back to the bank in 2010 and then came back on the market. See our August 2011 chatter here. It was built during the Great Recession and never found an […]

14 Months Later, Renovated Hancock 2/2 Is Still Looking For a Buyer: 175 E. Delaware in the Gold Coast

We’re still chattering about this renovated 2-bedroom in the John Hancock at 175 E. Delaware in the Gold Coast. Last February, you’ll recall, the price was actually RAISED by $100,000 even though the unit had been on the market about a year already. See our February 2012 chatter here. But never fear, it is now […]