Category: Uncategorized
What's your Transit Score?
Walk Score can tell you a lot about a neighborhood, but it's always faced a couple of legitimate complaints. One, it doesn't distinguish between the s [...]
Inside a remodeled two-bedroom at the Park Alexandria in the West Loop
Earlier this summer Ted Guarnero and I visited the Park Alexandria at 125 S Jefferson Ave in the West Loop, where Ted is marketing unit #2004, a rem [...]
Glut check: 3,300+ unsold homes downtown
The second quarter of 2010 ended with 3,344 developer units still on the market in downtown Chicago, according to Appraisal Research Counselors' lates [...]
Quote of the day: an exception to the rule
From Crain's:
“The stars had to align. Loans of that size for residential developments are pretty scarce. You have to shop the world.”
- Harry Huze [...]
Lincoln Park 2520 developers land $170M construction loan, anticipate 2012 deliveries
Well, this comes as a surprise.
According to a late-breaking press release (PDF), Ricker-Murphy Development and a development arm of the GE Pension [...]
Why Jackie bought at 235 Van Buren
Last month Joe Zekas met Jackie, who works in the financial services industry, at Cactus Bar & Grill, a popular venue located just around the corner [...]
Another Elysian condo returns to market
A lot of the flip attempts at the Elysian, 11 E Walton St, have come with significant markups -- as much as 33 percent above an original sale price in [...]
The impressive amenities at Grand Plaza
Every resident in the 37-story Residences at Grand Plaza, 545 N Dearborn St, has access to the private resort-style amenities located on the tower's [...]
In other news – good reads from the feed
Not every story we add to our Chicago Real Estate News feed warrants "top story" status or a "quote of the day" post, but that doesn't make it any l [...]
Yo in review: August 7 – 14
Can’t keep up with YoChicago throughout the week? Here are some stories you may have missed:
Sears goes nuts again, plans Craftsman store for Rive [...]
$1.1M off "a place of gentility" in Lake View
Since going on the market in February at $3.45 million, the single-family home at 1236 W Cornelia Ave in Lake View has dropped in price by more than 3 [...]
Walking downtown Evanston: Joe and Andy on Sherman Avenue
After short looks at Grand Bend at Green Bay, the Evanston Farmers' Market, and the shops and restaurants near Church Street and Maple Avenue, Joe Z [...]
The king of the $1 reduction?
The weekend's almost here, and Realtors once again are vying for buyers' attention. After spending the morning searching for more stupid Realtor trick [...]
Condo rental inventory: Down again?
I don't know what happened in the past seven days, but I only count 1,151 homes listed for rent in Chicago's 14 big ZIP codes, compared with 1,628 lis [...]
Quote: Crunching the shadow numbers
"My best guess right now is that REO held by Fannie, Freddie, and FHA, and other government entities, and banks and thrifts is just under 600-thousand [...]
McCaffery opening on-site marketing center for US Steel redevelopment this fall
When you hear that the old US Steel site in South Chicago won't be fully redeveloped until 2055, it's easy to assume that everything will move at a [...]
"A jungle of crumbling tenements"
It is a jungle of crumbling tenements, twisted shacks and filthy alleys. It is an open jail for men who are guilty of no greater crime than being poo [...]
Optima offers 20-percent cuts on 20 units
Bob Russell/Rosenthal has lifted his fair share of news from YoChicago over the years, so I don't feel too bad about stealing one story from him in re [...]
Preparing buyers for Grand Plaza's auction
Real estate auctions are fast-moving affairs. When a bidder secures the winning bid he immediately signs a contract. So it's critical that bidders p [...]
Suburban showcase: Where are taxes headed on that North Shore home?
Joe Zekas writes regularly about North Shore homes at the Homeward Bound - North Shore blog at ChicagoNow. There, he recently posted the following:
P [...]