Archive for September 2010

Tom's tips: Yes, Chicago has termites, too

Contrary to popular belief, Chicago does have termites, and the damage they cause isn’t just “an old house phenomenon,” says home inspector Tom Corbett. In fact, you’re more likely to find termites, carpenter ants, and other pests around newer homes built at teardown sites. In the first of what will be a regular series of... Read more »

Elm Street Plaza through the years

This afternoon’s selection from the Yo archives is our old folder of prices and floor plans for the 33-story, 395-unit Elm Street Plaza, located at 1130 N Dearborn St in the Gold Coast. The materials date back to 1988, 12 years after the building’s completion. The rates for Elm Street Plaza’s apartments may have doubled... Read more »

Highly functional living spaces at Emerald in the West Loop

(This video and following post are sponsored content for the Chicago Tribune’s Fall 2010 Festival of Homes.) Whether you’re looking for great views, a convenient location, or simply a great deal on a new-construction home in Chicago, you’ll find your right home at Emerald, a new twin-tower development in the heart of Chicago’s West Loop.... Read more »

Homes at the median in Hyde Park

The median price for a home in Hyde Park (we’re talking condos, townhomes, and single-families here — no multi-unit properties) is $205,000, which happens to be the price of three homes listed in the neighborhood: Unit 3 at 5460 S Woodlawn Ave is a third-floor, two-bedroom / one-bath end unit inside a 36-unit vintage courtyard... Read more »

Sellout approaching at Fountain View in Lincoln Square

While booking up on a recent post about LEED projects, I noticed that the Fountain View condo development at 2326 W Giddings St in Lincoln Square was down to one developer-owned unit, a two-bedroom / two-bath with 1,311 square feet, priced at $439,900. Fun fact — it’s been on the market for exactly one year... Read more »

Rental trends: Charging $3.18 per square foot for a Michigan Avenue address

The average price of a downtown Chicago apartment in 2Q 2010 hovered around $2.37 per square foot for Class A apartments and $2.03 for Class B apartments, according to Appraisal Research Counselors. If you drill into the 60602 ZIP code — a largely commercial stretch of the Loop bounded by Michigan Avenue and Madison, Randolph,... Read more »

Joe and Eric tour a $369K duplex-down near Division Street and the Polish Triangle

Eric Rojas and I weren’t able to meet up for our first round of Noble Square and Wicker Park videos until Monday, and we’ll probably spread our coverage out over several meetups instead of just one whirlwind tour. The top priority for us this week was getting inside unit #1 at 1319 N Bosworth Ave,... Read more »

River West duplex going for $70,900 below 2007 sale price

Tucked away amidst the lofts and concrete condos of “Bergerville” (that pocket of River North immediately south of Chicago Avenue and west of Halsted Street where Mondial developer Jack Berger staked his claim) is a string of newish nine-unit brick buildings collectively marketed as Marquette Row. Marquette Row never reached closeout — Jameson agents still... Read more »

Lexington Homes opens new Grant Elite model home at Lexington Square in Bridgeport

(The following sponsored post is a part of the Chicago Tribune’s Fall 2010 Festival of Homes.) A new model has debuted at Lexington Square, Lexington Homes‘ new community of 39 single-family rowhomes in Bridgeport. The fully decorated Grant Elite has 2,216 square feet, three bedrooms and 2.5 baths. The home is base-priced from the mid-$300s.... Read more »

$2,300 across Chicago: New homes listed for rent

$2,300 felt like a good price point for this afternoon’s rental rundown — it’s the median price among the 274 units currently listed for rent in the 60611 ZIP code.¬†Extending the price out slightly to a range of $2,200 to $2,400 a month, and limiting the search to homes listed in the past week, here’s... Read more »