Archive for May 2011

How to avoid unlicensed rental agents

How to avoid unlicensed rental agents
The following is an excerpt from an e-mail exchange forwarded to me recently. I’ve removed identifying information: Ok, it will show up as [name of licensed person] because I am waiting on my MLS application to go through. I just was licensed recently, so if you can just confirm with me that would be great.... Read more »

New and open - Lincoln Square 4-bedroom single-family for $469K

I’ll be in Lincoln Square tomorrow morning, checking out the highly-rated Winnemac Park on my way to video an open house a short block away from the park. A Saturday open house? Yes. Prudential Rubloff’s Eric Rojas, one of our clients, often hosts open houses on Saturdays, and he has one scheduled tomorrow from 11... Read more »

New "uber-cool" contemporary condos in East Village

The infill new construction 3-flat has a Pythonesque motto: “I ain’t dead yet.” In fact, the market for smaller developments has been somewhat strengthened by the general market downturn. Developers have been able to acquire land and depressed prices and offer new construction at prices that are highly competitive with resale units. One type of... Read more »

Hairpin Lofts now renting in Logan Square

The e-mail newsletter from 35th Ward Alderman Rey Col√≥n just announced that 1- and 2-bedroom units at Logan Square‘s new Hairpin Lofts will be available for occupancy in July. The 48,100 square foot former Morris B. Sachs Building, at 2800 N Milwaukee Ave, has been converted into retail space, a community arts center and 28... Read more »

Preview thirteen Sunday open houses in a YoChicago video extravaganza

Thirteen Chicago homes at which we’ve shot video recently are open for viewing on Sunday, May 22. Preview the homes in our videos, then head out to your favorites. Check back often at YoChicago, or search our video page, for a closer look at the places, spaces and faces that make Chicago a great place... Read more »

Small investment properties on Austin Blvd in Chicago and Oak Park

There’s been another price drop on a classic Austin 3-flat 916 S Austin Blvd. The investor-oriented property, which needs work, sold for $270,000 in January of 2000 and resold for $160K 9 years later. After some work was completed it came back on the market last July for $295,000. A series of prices changes knocked... Read more »

Did Oprah really make the West Loop happen?

Yesterday’s Chicago Tribune has an article attributing much of the success of Chicago’s West Loop to Oprah Winfrey and her Harpo Studios. A more accurate take is that Oprah had little, if anything to do with the neighborhood’s rise. The Harpo Studios site hosted TV and movie productions, and drew regular crowds, long before Ms... Read more »

Check out West Loop homes at the Randolph Street Market Festival

We’ve always thought that neighborhood fairs and festivals are a great way to try on a neighborhood and see if it fits. You generally get to meet a number of local businesses and residents, sample the local food, and visit real estate open houses in just one trip. Every weekend this summer you’ll find something... Read more »

Number of homes listed for rent in downtown neighborhoods falls again

Another Friday brings another low number of downtown homes listed for rent on the MLS. At this time last year, 1,350 condos, townhomes, and single-families in 14 downtown ZIP codes were available; as of this morning, there are 817. Leading the 182 homes listed in the last 7 days is a three-bedroom / three-bath on... Read more »

Restoring the Del Prado in Hyde Park

The Del Prado, built in 1918, is one of a group of distinctive buildings that mark the gateway from Lake Shore Drive into Hyde Park in Chicago. The buildings comprise a National Register of Historic Places district. MAC Apartments is currently restoring the exterior and interior of the Del Prado, and will have studio to... Read more »