Real estate news & trends
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Northwest Side
Back in October of 2010 Red Seal Homes held a grand opening event for its curiously named Avondale Closeout development. Plans called for 19 homes base-priced from the $560s to the $600s, with a first phase of 9 homes. Since that time, according to Redfin data, two homes have sold. A 5-bedroom, 3 ½ bath ...
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Posted by Joe Zekas on June 18, 2013
It was nearly seven years ago when we first took note of Mayfair Crossing, a development of 26 3- and 4-bedroom single-family homes along Kilpatrick and Berteau priced at the time from the $500s to the $700s. Two years later 21 of the homes were still available, with four different floor plans priced from the ...
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Posted by Joe Zekas on June 11, 2013
Two townhomes were under construction at Cornelia on the Park when I stopped by the site late last week. The 3-bedroom plus den, 3-bath, 3-story units have two-car garages and are priced from the mid-$400s. The site plans offer a variety of options, including configuring the den as a fourth bedroom, adding a second-level powder ...
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Posted by Joe Zekas on May 21, 2013
ABC Channel 7 recently visited Jefferson Park and broadcast the above video overview. In many ways, Jefferson Park hasn’t changed since our now-defunct New Homes Magazine visited the neighborhood back in August of 2005. Real estate prices, of course, have changed, and one of the condo projects mentioned in our article became a rental building. ...
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Posted by Joe Zekas on May 9, 2013
It was November of 2008 when YoChicago first looked at the new condominiums at 1555 N Talman in Humboldt Park, and expressed skepticism about the development’s claimed location in “West Wicker Park.” The building was incomplete at the time, and a 2-bedroom unit was listed in the $490s and a 3-bedroom in the $640s. Fast ...
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Posted by Joe Zekas on March 15, 2013
You may or may not have noticed that ABC 7 has cancelled 190 North. The last show will air on March 31, and it will be missed by Chicago neighborhood buffs. A good introduction to 190 North is Lou Canellis’ high-energy video tour of Portgage Park, a popular northwest side neighborhood. The neighborhood’s been in ...
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Posted by Joe Zekas on March 6, 2013
Belgravia Realty Group has just begun marketing Cornelia on the Park, the first phase of a new luxury townhome development surrounding a private, landscaped park. Phase I homes are at 3020-24 W Newport Ave and 3441-45 N Whipple St in Avondale. The approximately 2,400 square foot homes feature 3 bedrooms, a family room, 3 full ...
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Posted by Joe Zekas on February 5, 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
The blocks just south of North Avenue east of the park in Humboldt Park have seen a great deal of new construction activity in the past ten years, both single-family homes and condominiums. It’s all been small-scale infill development. Walk the streets, as I did last August when I took these photos, and you’ll see ...
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Posted by Joe Zekas on January 9, 2013
Noah Properties is known for delivering homes that include all of the extras that many other builders offer as upgrades. The two single-family homes that are under construction at 1627 and 1629 North Artesian are an unusual Noah product in that they’re priced in the mid-$500s. Other homes currently being offered by the developer range ...
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Posted by sponsored post on December 12, 2012
It’s extremely unusual – almost unheard of – to find a $3.9 million spec home on Chicago’s northwest side, but one just came on the market at 3658 W Granville in Pulaski Park. The “French Provincial mansion” has 9 bedrooms, 8 full and 3 half baths, and “too many rooms to list in the MLS.” ...
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Posted by Joe Zekas on August 20, 2012
It’s been nearly seven years since we first looked in on the Village Residences of Old Irving Park. At the time, “urban homes with suburban flair” in the project were priced from the $470s to the $720s and developer Paul Bertsche was telling our reporter that: (A home) is one of those expenditures that history ...
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Posted by Joe Zekas on August 2, 2012
The renovation and expansion of 3942 N Lowell has resulted in the only home currently for sale in Old Irving Park to offer 7 bedrooms. Six of those bedrooms are above grade, 4 on the second level and 2 on the third. The home’s 5,800 square feet of living space also offers 4 ½ baths, ...
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Posted by Joe Zekas on August 2, 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
We folded our New Homes Magazine several years ago, but still enjoy looking back on some of the lengthier stories we published about Chicago neighborhoods during its tenure. Five years ago we went upriver for a glimpse of Avondale, Irving Park, Albany Park, North Park and Sauganash. Development was booming in that stretch of Chicago’s ...
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Posted by Joe Zekas on July 27, 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
Two Humboldt Park new listings slid into our email inbox over the weekend, a 2-bedroom, 2-bath condo asking $299,900 and a 4-bedroom 3 ½ bath single-family priced at $359,900. The condo, Unit 504 at 2800 W North Ave, is in a building that we first noted in May of 2009, just before it was branded ...
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Posted by Joe Zekas on July 23, 2012
In the days when new construction boomed in Chicago we published New Homes Magazine, a 4-color print publication packed with ads and stories. An annual feature of the magazine was our editorial picks of the best-of-the-year developments. Barry Pearce, the publication’s long-time editor and publisher, viewed the 2003 picks from this perspective: In reviewing developments ...
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Posted by Joe Zekas on July 19, 2012
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