Real estate news & trends
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Logan Square
Foundation work appeared to be nearly complete on the new Ravenswood Mariano’s Fresh Market when I stopped by last Saturday. The site is on the north side of Lawrence and is bounded on the east by the Metra tracks. The site of the Bucktown Mariano’s, pictured above, is at Webster and Ashland, just east of ...
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Posted by Joe Zekas on March 18, 2013
The Talk section of Yelp occasionally surfaces a fun and informative discussion of Chicago neighborhoods. Several days ago Yelper Chacha M posted the headline question and the following: I just moved back after living abroad for the last ten years and this neighborhood has gone to yuppie / lulu lemon hell. I could barely walk ...
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Posted by Joe Zekas on February 21, 2013
Just over a year ago I visited the Springfield Vue condominium, a/k/a The Springview, at 1920 N Springfield, on the border of Logan Square and Hermosa. You can see the video from my visit, above. Every unit in the project has been in foreclosure at least once, and several have made multiple trips to Chancery ...
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Posted by Joe Zekas on January 22, 2013
Market conditions being what they’ve been, it’s been years since “Chicago’s hottest neighborhoods” was a phrase that didn’t immediately elicit ridicule. With a number of analysts concluding that 2012 marked the bottom of the market downturn, it’s perhaps respectable to talk about pockets of strong activity, i.e. “hot neighborhoods.” Redfin recently announced its top 10 ...
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Posted by Joe Zekas on January 15, 2013
The landmark Morris Sachs building at 2800 N Milwaukee Ave in Logan Square, which had sat vacant for nearly 20 years, has been transformed into Hairpin Lofts, a community resource where Logan Square artists can gather, perform, display their creations, work – and live affordably. The first floor is retail space. The entire second floor ...
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Posted by Joe Zekas on November 15, 2012
You know a developer is doing something right when 5 of the 8 homes in a project are sold before completion in a challenging market. That’s the status of Flex House, new 3-bedroom, 2-bath rowhomes in Logan Square, priced in the low $400s. The homes, in the 2800 block of W Shakespeare, offer an unusually ...
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Posted by Joe Zekas on November 13, 2012
It’s been 5 years to the day since we reported price reductions and a “developer closeout” at Logan View Condominiums, 3125 W Fullerton, in Logan Square. After glancing at the record of a 3-bedroom, 2-bath unit that sold for $388,000 in 2006 and resold last month for $200,000, I headed to the site yesterday for ...
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Posted by Joe Zekas on July 31, 2012
According to a Tribune report, Alderman Proco “Joe” Moreno doesn’t want Chick-fil-A in the 1st Ward because of statements allegedly made by the company’s owner. Moreno dismissed concerns about the owner’s First Amendment rights: “You have the right to say what you want to say, but zoning is not a right.” UCLA Law Professor Eugene ...
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Posted by Joe Zekas on July 25, 2012
Five years ago we focused our attention on two single-family homes that were under construction over a mile apart at 1838 and 2738 N Fairfield in Logan Square. The homes offered similar interior finishes and were on standard city lots. The 5-bedroom, 3 ½ bath home at 1838 N Fairfield had an asking price of ...
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Posted by Joe Zekas on July 25, 2012
When the 5-bedroom, 3 ½ bath home at 2311 N Rockwell first came to our attention, five years ago, it had an asking price of $1,299,000. The home sold several months later for $1,225,000. The Logan Square home, which boasts a luxurious master suite, is on an oversized 30 x 190 lot across the street ...
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Posted by Joe Zekas on July 24, 2012
It seems like every article about Chicago’s Bloomingdale Trail contains a mandatory reference to New York’s High Line. Last Saturday I made my second visit to the High Line. I visited the initial phase two years ago, and this was my first look at the second phase. I’ve been along the path of the Bloomingdale ...
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Posted by Joe Zekas on June 4, 2012
Here’s something you don’t see often – a top-to-bottom remodeling in Logan Square priced at $299,000. The 3-bedroom, 2 1/2 bath home at 1834 N Monticello Ave has hardwood floors, a stylish kitchen with a large island and pantry cabinets, a finished walk-out lower level and a 2-car garage. A deck opens directly from the ...
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Posted by sponsored post on May 30, 2012
A 4-bedroom, 3 ½ bath proposed new construction home has just come on the market at 1820 N California Ave in Logan Square. The list price is $549,900. Some of you may recall that we wrote about this site, which was formerly known as California Estates, back in January. At the time, we noted that ...
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Posted by Joe Zekas on May 18, 2012
A great way to learn about real estate in a Chicago neighborhood is to hop in the car and drive around it with a real estate agent who lives there and knows the area and the market. Coldwell Banker’s Brian Guzman lives in Palmer Square and has long-standing family ties to Logan Square. He’s immersed ...
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Posted by sponsored post on March 26, 2012
This bright, stylish 1-bedroom loft has everything that many renters are looking for: hardwood floors, 12-foot ceilings, a sleek bath and kitchen with stainless steel appliances and granite countertops and an in-unit washer / dryer, all showcased in a concrete loft aesthetic. The $1,175 monthly rent includes parking and an additional space is available for ...
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Posted by sponsored post on March 15, 2012
We don’t usually post much about commercial development, but this account from 35th Ward Alderman Rey Colón’s email newsletter is too amusing to ignore. Dear Neighbor, After almost 40-years, Logan Square will soon see a new McDonald’s at 2707 N. Milwaukee Ave. This restaurant is owned and operated by Virginia Ojeda who is a local ...
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Posted by Joe Zekas on February 10, 2012
The developer promised Dolce Living at Springfield Vue condominiums, 1920 N Springfield at the edge of Logan Square. What I saw at the site was closer to la vida loca than la dolce vita. Six of the 8 units sold in 2008 for substantially above the original asking price. They were financed with 80% mortgages ...
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Posted by Joe Zekas on January 10, 2012
The growing roster of new apartment construction in downtown Chicago has been generating a lot of attention recently, but there are also new rental buildings popping up in the neighborhoods. In this sponsored video, Sergio & Banks‘ Melissa Govedarica recently showed me around a new six-flat which was nearing completion at 1846 N California Ave ...
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Posted by Joe Zekas on January 6, 2012
To the best of my recollection, the first time I ever encountered the word luminiferous was nearly six years ago, on the sign pictured above. The only other time I’ve seen the word was yesterday – the sign is still in place on a series of vacant lots at the corner of California and Bloomingdale ...
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Posted by Joe Zekas on January 6, 2012
Why do so many artists call Logan Square home? A certain edginess, affordable rents, and good public transportation are part of the answer, but one of the attractions is that so many other artists call the neighborhood home. Brinshore Development recently transformed the landmark Morris Sachs building at 2800 N Milwaukee Ave into Hairpin Lofts, ...
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Posted by Joe Zekas on December 22, 2011
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