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CondoShark.com tracks price cuts on homes in seven Chicago neighborhoods: Bucktown, Gold Coast, Lake View, Lincoln Park, River North, South Loop, and West Loop. The following properties hold the top spot for reductions by percentage in each neighborhood:
Bucktown:
- Unit #4 at 1954 N Wilmot Ave: Three-bedroom / two-bath; was $649,999, now $499,000 (a 23.2-percent reduction).
Gold Coast:
- Unit #509 at 1000 N Lake Shore Dr: Two-bedroom / two-bath; was $389,000, now $229,000 (a 41.1-percent reduction).
Lake View:
- Unit #527 at 1800 W Grace St: Two-bedroom / two-bath; was $869,500, now $519,500 (a 40.3-percent reduction).
Lincoln Park:
- Unit #1E at 2407 N Surrey Ct: Two-bedroom / 2.5-bath; was $595,000, now $449,900 (a 24.4-percent reduction).
River North:
- Unit #1504 at 405 N Wabash Ave: Studio; was $299,000, now $189,000 (a 36.8-percent reduction).
South Loop:
- Unit #6101 at 1211 S Prairie Ave: Three-bedroom / three-bath; was $4,800,500, now $2,565,500 (a 46.6-percent reduction).
West Loop:
- Unit #201 at 1000 W Washington Blvd: Two-bedroom / two-bath; was $489,000, now $389,000 (a 20.4-percent reduction).
Visit YoChicago every Friday for details on discounted units featured at CondoShark.com.
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{ 2 comments… read them below or add one }
What is the deal with the 1800 W Grace development? It seems like there is some sort of developer voodoo going on. The listing on the MLS aren’t clear. And I have no idea of how many units have sold. Very bizarre all the way around.
Ryan:
We don’t spend a lot of time covering The Lofts at 1800, so I’m not sure what the project’s status is, sales-wise. However, reader Kevin has been documenting his trials and tribulations with another Kopley Group project, Renaissance Lofts, over at NewHomeNotebook.net.