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ChicagoNorth Side

An updated look at a sold-out Montana Row

Montana Row

New construction homes in viable neighborhoods by builders with a track record have been selling before completion during the past several years. When we last looked in on Montana Row, 25-foot wide rowhomes in the 1500 block of Montana in Lincoln Park, only one of the fourteen homes remained available for sale. All of the ...

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Posted by Joe Zekas on July 7, 2014
ChicagoDowntown / Loop

Last week’s North Side building permits

Thumbnail image for Last week’s North Side building permits

If you’re in the market for a newly-built home or condo you’ve probably noted that many of the new projects are sold out prior to completion and often prior to their being listed in the MLS. The City of Chicago makes building permit data available online on a fairly timely basis. Monitoring permits can be ...

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Posted by Joe Zekas on September 16, 2013
News & trendsMarket conditions

Building permits up, foreclosures down nationally

Palmer Square

From a RealtyTrac news release: An exclusive RealtyTrac housing market analysis of building permit data recently released by the U.S. Department of HUD for the first quarter, comparing it to foreclosure starts for the same time period at the national, state and city level, found the following: Nationwide single family building permits increased 27 percent ...

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Posted by Joe Zekas on May 16, 2013
ChicagoSouth Side

New (?) construction single-family in Back of the Yards

Sherman Park video

The listing for 4600 S Marshfield Ave in Chicago’s storied Back of the Yards neighborhood describes a “Beautiful newly built corner lot custom single family home” built in 2011. The 4-bedroom, 4-bath brick home was just reduced to $300,000. It’s in an area where most property hasn’t commanded 20% of that price in recent years. ...

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Posted by Joe Zekas on October 30, 2011