Archive for January 2011

A single-family home on track to LEED Platinum status in Bucktown

The four-bedroom / 3.5-bath home at 1610 N Honore St may enter the exclusive ranks of Chicago’s LEED Platinum-certified homes. And that’s only one of the many distinctive features of this unique Bucktown single-family. The home is a complete transformation and expansion of an original two-flat. Many of the old materials were creatively recycled into... Read more »

Selling at a loss at Avenue East in Streeterville

Avenue East, 160 E Illinois St, seemed to have a steady stream of homes coming back on the market last year, and saw about one sale a month during 2010. Yesterday afternoon I looked up all the info I could find on the tower’s current listings, and found that everything with a sales history was... Read more »

Signs of serious distress for sellers, opportunities for buyers at 2000 Lincoln Park West

2000 Lincoln Park West may benefit from some beautiful views, but the numbers there sure aren’t pretty. Homes that sold for $446 a square foot in 2005 are back on the market at $227 a square foot. An 11th-floor two-bedroom / two-bath with 1,700 square feet that sold for $732,000 is now available for $383,000.... Read more »

Make an ex-Cub an offer on his Bucktown home

A few months ago I pointed readers to a Bucktown single-family that former Cub and current ESPN analyst Doug Glanville was trying to sell for $899,000, $79,000 less than what he paid for it in 2006. Since that time, he’s cut the price three times, and is now hoping to get $785,000 for the home.... Read more »

$539K in 2003, $114K today -- a symbol of River City's distress

River City made news last summer after rainwater flooded its condos and garage, but there’s been a redder kind of liquid seeping from the building for months now. Twelve of the 20 condos currently listed in the South Loop complex, located at 800 S Wells St, are tagged as short sales at Redfin. Eleven of... Read more »

A familiar home in a new location: Touring 1507 West Superior in Noble Square

If you have a sense of déjà vu as you watch the above sponsored video, perhaps it’s because you’ve seen the videos we shot at similar homes at 1706 and 1738 N Rockwell St. You might not have seen the homes themselves, since both sold not long after being listed at $799,000 last year. 1706... Read more »

Inside 'a ridiculous foreclosure deal' in Lincoln Square

Realtor Eric Rojas and a client recently toured a bank-owned two-bedroom / one-bath condo in Lincoln Square whose price had just dropped to $89,000. In this video, he evaluates the home’s condition and suggests ways this “winner” could be repaired and updated. On his blog, Eric says the condo’s walls, floors, electrical, and appliances could... Read more »

Gold Coast co-ops: Even after $3.95M, expect to pay extra for parking

When it comes to Gold Coast co-ops, most people immediately think of East Lake Shore Drive. You rarely hear talk about the vintage high-rises on Astor Street. Three homes are for sale at 1209 North Astor, a 14-story, 30-unit building dating back to 1926, including a 4,100 penthouse priced at $3.95 million. If you think... Read more »

Our guide to Lincoln Park apartments

Finding an apartment in many of Chicago’s neighborhoods is a quick, pleasant walk in the park compared to finding one in New York and many other cities. In a number of Chicago’s downtown neighborhoods, for example, the rental options are limited to homes and condos listed in the MLS, and a dozen high-rise buildings that... Read more »

A short look at Garfield Ridge

Despite seeing thousands of white and African-American residents leave, the Southwest Side neighborhood of Garfield Ridge actually grew in size by a modest 1.5% over the last decade, due to a doubling of its Hispanic population, according to the Census Bureau’s 2009 American Community Survey. The neighborhood is currently home to 20,323 white residents (55.5%... Read more »