Category: Uncategorized

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Quote of the day: Time to decide

"The first thing developers are doing is talking to their banks. It's really kind of decision time." - Appraisal Research Counselors Vice President [...]

Regent Realty owners charged with defrauding 48 condo associations

It's taken three years, but the co-owners of Regent Realty Group are finally facing federal charges of stealing more than $2 million from 48 condo ass [...]
Market snapshot: Hyde Park condos

Market snapshot: Hyde Park condos

Condo sales in Hyde Park were down 43% and prices were down 36% in the fourth quarter of 2010, compared to 4Q 2009, reports Jeff Baird of Lakeshor [...]
Rental options at Michigan Avenue Tower II

Rental options at Michigan Avenue Tower II

It's been well over a year since Russland Capital Group auctioned off more than 40 of the condos at Michigan Avenue Tower II, 1400 S Michigan Ave. Ear [...]
A Lincoln Park low – $180K for a single-family frame home

A Lincoln Park low – $180K for a single-family frame home

Bringing up the rear of Lincoln Park's single-family home market is a bank-owned four-bedroom / three-bath frame home at 2451 N Ashland Ave, liste [...]
Home sales down in most neighborhood markets

Home sales down in most neighborhood markets

Earlier this week, I wrote that sales were down significantly across the city in the fourth quarter of 2010 -- specifically, sales of houses were down [...]
Lock in low rates, low prices at Lexington Park in Des Plaines

Lock in low rates, low prices at Lexington Park in Des Plaines

With mortgage rates expected to rise throughout 2011, buyers who wish to have a new home later this year would be wise to lock in today's low rate [...]
A no-confidence vote in Evanston public schools?

A no-confidence vote in Evanston public schools?

The New York Times interactive map of the Census Bureau’s American Community Survey data makes it easy to learn a great deal about communities at [...]
Do winter pains equal buyer gains in Uptown?

Do winter pains equal buyer gains in Uptown?

The forecast for unit #1 at 4913 N Ashland Ave in Uptown was bleak, even before we entered the deep freeze of winter. The 3,500 square-foot, five-b [...]
Choice cuts: McCormick Row House priced below $1M

Choice cuts: McCormick Row House priced below $1M

It's rare to see one of DePaul's vintage McCormick Row Houses for sale, especially at a price in the six figures. The five-bedroom / 3.5-bath home at [...]
Leasing begins at River 595 apartments in Des Plaines

Leasing begins at River 595 apartments in Des Plaines

Leasing has begun at River 595, a new rental development located just steps from the shops, restaurants, and Metra depot in downtown Des Plaines. [...]

Deerfield Village Board meetings now on video

Attending a village board meeting can sometimes be a great way to learn the flavor of a community you might be considering for your next move. You can [...]
Deal of the day: Will Library Tower’s offer wash?

Deal of the day: Will Library Tower’s offer wash?

Because nothing says "I love you" like a load of laundry, Lennar is throwing in a free washer and dryer with every unit at Library Tower as a Valentin [...]
The nearly news: How five-year-old condos are faring

The nearly news: How five-year-old condos are faring

Condos of the 2006 vintage are cycling through their second and even third owners at this point, but they're still young enough to count as "nearly ne [...]
Multi-families are the market in Pilsen

Multi-families are the market in Pilsen

Pilsen is very much a renter community (by an almost 3-to-1 margin over owners, according to past Census projections), so it's not too surprising to s [...]
Cash buyers make up 23.4% of Chicago’s market

Cash buyers make up 23.4% of Chicago’s market

Almost a quarter of sales in Chicago last year were all-cash deals, according to Zillow. Chicago's 23.4% share comes in slightly below the nationa [...]

Quote of the day: Worn down by open houses

"I had enough. That whole morning we would spend cleaning up, tidying things, and that was time we couldn't spend playing with him...At some point, af [...]
235 Van Buren’s ‘crown jewel’ sells for $860K

235 Van Buren’s ‘crown jewel’ sells for $860K

Last March Scott Hoskins of CMK Realty took me through the "crown jewel" of 235 Van Buren -- unit 4610, a 2,272 square-foot two-bedroom / 2.5-bath [...]
Is Ben Gordon motivated to sell his Northbrook home?

Is Ben Gordon motivated to sell his Northbrook home?

The Tribune brings us this report about Ben Gordon’s Northbrook townhome: Former Chicago Bulls guard Ben Gordon has tried to sell his three-bed [...]

Homes literally under water in Barrington

Enough about sellers who are “under water” on their mortgages. Let’s talk about homes that are literally under water. Barrington Patch tells the st [...]
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