Archive for May 2010

Clark and Arlington in Lincoln Park -- is there an easier place to live?

How good is the intersection of Clark Street and Arlington Place? WalkScore gives it a perfect 100, and that’s almost an understatement. Between the seemingly endless choices of shops and restaurants along Clark Street and the proximity to the North Pond of Lincoln Park (literally one block away), it’s hard to imagine a more convenient... Read more »

Chicago's Little Village: A drive through the neighborhood

Earlier this month I took a trip to Little Village and the surrounding South Lawndale community area, an area that’s home to roughly 70,000 Hispanic residents and that represents the heart of Chicago’s Mexican community. I started off with a drive through Douglas Park (above), one of the great parks on Chicago’s West Side that... Read more »

South Loop glut check: 1,100+ homes for sale or rent in 60605

See that? That’s the 60605 ZIP code, a region stretching from the Museum Campus to the Chicago River and from Van Buren to 16th Street, with an occasional nook and cranny carved out here and there, and a dog-leg reaching down along the railroad tracks and Calumet Avenue to McCormick Place’s Metra station. That covers... Read more »

Places to see and things to do: A mini-tour of 565 Quincy's neighborhood

“Location, location, location” is still what matters in real estate, and it’s something Belgravia Group loves to tout when talking about the recently completed lofts and condos at 565 Quincy in the West Loop. Take a spin past the development — essentially an old seven-story loft building with an 11-story condo tower built on top... Read more »

Developer ready to give Mondial another shot in a tough market

One of the many new-construction buildings that entered the Chicago skyline at the exact wrong time was Mondial, Jack Berger’s 15-story high-rise at 900 W Huron St in River West. Mondial reached completion in early 2009, a true low point for real estate activity throughout the city, when buyers who had signed contracts in the... Read more »

Homes with history in the South Loop's Motor Row District

For years we followed Paul Zucker’s renovation of the old Holabird & Roche-designed auto showrooms in the 2300 block of South Michigan Avenue in the South Loop. It was a beautiful project, but it arrived at a bad time in the market, and last fall Zucker opted to auction off many of the unsold Motor... Read more »

Buyers loading up the truck and moving to Beverly

A Realtor who keeps an eye on the South Side market told me this week that he saw “a surprising amount” of activity in the Far South neighborhood of Beverly in the weeks leading up to the federal tax credit deadline. “Buyers seemed more interested in Beverly and Morgan Park than I’ve seen in the... Read more »

Finding a home near family-friendly Erie Park

Mommies, nannies, and babies agree — Erie Park is where River North‘s cool kids are hanging out this spring. Temps in the high 40s didn’t make Thursday afternoon the best time to showcase the park’s new playground, which went up over the fall and winter, but Wednesday afternoon’s warm weather had the lot packed from... Read more »

Garrison: West Rogers Park's glut of condo conversions "devastated" by downturn

Yesterday I reached out to local correspondent Matt Garrison to pass along some insight on two topics: the types of buyers who are active now that the federal tax credits have expired, and neighborhoods that are continuing to suffer in today’s market. Garrison, an accomplished Realtor and founder of the CondoShark foreclosure / short-sale tracker, offered... Read more »

Three bedrooms and corner views on 990 Lake Shore Drive's 32nd floor, all for under $850,000

Last month Joe Zekas of Homeward Bound and Prudential Rubloff agent Francesca Rose toured a three-bedroom / 2.5-bath condo at 990 Lake Shore Drive that Francesca was about to list for $849,000. The 33-year-old, 33-story tower is located on the corner of Lake Shore and Walton Street, just south of Oak Street Beach and the tony co-ops of East... Read more »