Archive for March 2011

Could R. Kelly's old home become Lake View's No. 1 sale this year?

R. Kelly’s old den of sin at 1010 W George St (you know, the place where the dirty stuff went down) is under contract and set to close over the freakin’ weekend, says Curbed. (Thanks to Curbed’s Mark Boyer for finding this new video tour of the home from LXTV.) The home’s most recent list... Read more »

A spacious single-family home in Lake View, priced in the $810s

Last week I drove up to Lake View to shoot a sponsored video at one of Eric Rojas’ newest listings — a four-bedroom / 3.5-bath single-family home at 2911 N Racine Ave, just north of the neighborhood’s border with Lincoln Park. This spacious three-story home features a large master suite with two walk-in closets, a... Read more »

Controlling your home's environment? There's an app for that at Trio's lofts

There’s new ownership and a new sales regime at the Loft Condominiums at Trio in Chicago’s Fulton River District. The big draw for buyers of the remaining units is likely to be the new prices, $199,900 to $359,900 for units that range in size from 653 to 1,259 square feet. The homes are loaded up... Read more »

A look at the Red Line's Cermak / Chinatown station

A look at the Red Line's Cermak / Chinatown station
My next stop on the way north via CTA’s Red Line was the Cermak / Chinatown station, located at 138 W Cermak Rd. Due to construction on the station’s Cermak side, I exited the station onto Archer Avenue and shot this profile from the intersection of Archer and Wentworth. Just a handful of homes have... Read more »

Riding CTA's Red Line, starting at Sox / 35th in Bridgeport

Last Wednesday I started what will be an ongoing project through the next month or two: a series of videos profiling each Red Line station between Bridgeport and Rogers Park. I started off near the Sox / 35th station, located between the northbound and southbound lanes of the Dan Ryan Expressway, and started traveling north.... Read more »

200 North Dearborn slashes prices

American Invsco needed to sell 36 units quickly in order to requalify for major financing programs at 200 North Dearborn in the Loop. How to accomplish that in a difficult condo market? A simple strategy: slash prices by 40 to 55%. The results were quick in coming, according to sales manager Jim Feldman, who says... Read more »

'Yesterday's elegance' at yesteryear's price in Lake View

On May 19, the three-bedroom / three-bath Unit 2C at The Eddystone, 421 W Melrose St, entered the market at $579,000. Three hundred days and four reductions later, it stands at $499,000. Will anyone show some interest before it drops another $1,000 and reaches its June 2006 sale price? Kathy Murphy of Baird & Warner... Read more »

What's selling in Wicker Park?

What's selling in Wicker Park?
The first quarter of 2011 ends in a couple of weeks, at which point Realtors will begin poring over sales data for signs where the market stands going into the spring and summer selling seasons. On Friday Eric Rojas and I took a quick look at two homes that will probably represent the median and... Read more »

A steeple of one's own at a converted church in Little Italy

Mark Boyer at Curbed has gotten a kick out of the number of church conversions going on around town, and recently published a post about one at 1046 W Polk St in Little Italy that’s been marketed whole and as a divvied-up condo building. In January, anyone browsing the listings would see the entire 11,800-square... Read more »

Builders want buyers for undeveloped lots on Lakewood Avenue

Until recently, the 2700 block of Lakewood Avenue looked more like a moonscape than a Lincoln Park side street, with both sides of the block offering little more than bare, rocky lots ringed with construction fence. That’s starting to change, thanks to the construction of the Row2750 townhouses at the southwest corner of Lakewood and... Read more »