Archive for August 2012

A Rogers Park condo that said "Check, please"

Six and a half years ago we were reporting at length on a condo boom and a lagging retail scene in Rogers Park. Our story led and ended with an enthusiastic buyer: Alpana Singh is a star of Chicago’s fine dining scene, with a string of accomplishments including a TV show, an upcoming book and... Read more »

Chicago home and condo prices see sharp recent increase

Yesterday was the last Tuesday of the month, a/k/a Case-Shiller Tuesday, and the results are in for June home price trends. The seasonally-adjusted index for metro-area Chicago single-family homes gained 1.73% from the previous month and dropped year-over-year by 1.84%. This places the current index at price levels prevailing in June of 2001. The seasonally-adjusted... Read more »

A three-bedroom duplex in Terror Town for $14,500

Unit 1S at 7708 S Essex Ave in the South Shore neighborhood is a 3-bedroom, 2-bath duplex that’s listed as 3,300 square feet and described as “completely remodeled with all stainless steel appliances, granite counter tops, juccuzzi [sic] baths, hardwood floors and garage parking.” The condo was originally listed for $189,900 in June of 2010.... Read more »

Chicago area foreclosures dip, mortgage delinquencies rise

According to newly released data from CoreLogic, June 2012 foreclosure rates in Chicago-Joliet-Naperville decreased over the same period last year. Per CoreLogic’s news release: The CoreLogic data reveals that the rate of Chicago-Joliet-Naperville area foreclosures among outstanding mortgage loans was 5.96 percent for the month of June 2012, a decrease of 0.13 percentage points compared... Read more »

Add cats to the perils of condo living

The convenience of living in a condominium building brings with it an unpredictable number of unusual risks. Add cats to the list. Condo owners at the Green Brier, 559 W Surf St, have filed suit against a neighbor, their condo association, its manager, and association board members, according to an article in the Chicago Tribune.... Read more »

Are townhomes at Galewood Crossings now bargain-priced?

The Enclave at Galewood Crossings is the 15-acre residential portion of a 50-acre mixed-use development on a former railroad site in Austin. The site is nearly a mile east of the Galewood neighborhood. A 4-bedroom, 3-bath townhome in the development is currently for sale for $116,000. It was purchased for $316,500 in July of 2008.... Read more »

Tour week - a six-part video tour of South Shore

Jeff Heilbrunn spent the first 20 years of his life in Chicago’s South Shore neighborhood. Today, as a marketing advisor for the Builders Center of Chicago, he helps develop new homes in the community. In Feburary 2010, Jeff and Joe Askins of YoChicago spent a couple hours touring the neighborhood. Additional parts of the tour... Read more »

Tour week – a drive through Chatham

While I’m away on vacation this week, I’m dipping into the archives to show you around parts of Chicago we haven’t visited in a while. In the first video of today’s tour, above, you’ll meet Worlee Glover, our host for an extended look at the South Side’s Chatham neighborhood, and you’ll get a look at... Read more »

Tour week – apartment walks through the Gold Coast and New East Side

While I’m away on vacation this week, I’m dipping into the archives to show you around parts of Chicago we haven’t visited in a while. On today’s tour we’ll walk around two Chicago neighborhoods looking at apartment buildings. Chicago’s Gold Coast is one of the easiest locations you can imagine in which to find an... Read more »

A new home in Old Bridgeport

Old Bridgeport, the gritty area bounded by the Dan Ryan and Stevenson Expressways, Archer Ave and the Chicago River, boasts a surprising volume of newly-built homes. The area is also home to an unsurprising number of Bridgeport loyalists, some of whom have built $1 million homes in the area. I visited the area back in... Read more »