Tag: Price reductions

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$1M off over seven months for a Howe Street home

$1M off over seven months for a Howe Street home

A $300,000 price cut over the weekend has brought this 5,400 square-foot, five-bedroom / 4.5-bath home at 1924 N Howe St in Lincoln Park down to $ [...]
25% off over 11 months at 3150 North Lake Shore

25% off over 11 months at 3150 North Lake Shore

Unit 7A at 3150 North Lake Shore in Lake View was listed last June at $699,900. Last week a price cut (the home's third) brought the home down to [...]
A completely rehabbed new listing at the Chatham Club

A completely rehabbed new listing at the Chatham Club

Four-and-a-half years have passed since I shot the above streetscape of the Chatham Club at 89th and Indiana. The scene was quite a change from my [...]
New prices equal new sales at Trio

New prices equal new sales at Trio

The closeout prices in place at the Loft Condominiums at Trio, 650 - 660 W Wayman St in the Fulton River District, have started to attract new buy [...]
Another huge hit on Glencoe new construction

Another huge hit on Glencoe new construction

When we first visited 501 Greenleaf in Glencoe, back in July of 2006, the home was still under construction and priced at $4,295,000. It sold last [...]
CA23’s spacious single-floor condos return with major discounts

CA23’s spacious single-floor condos return with major discounts

Belgravia Group has brought the spacious single-floor homes at CA23 back to the market, with new prices sure to catch buyers' eyes. The 11 home [...]
$200K off in a year for a vintage Lakeview East condo

$200K off in a year for a vintage Lakeview East condo

Last week's price cut at 434 W Oakdale Ave #2 didn't strike me as the "massive price reduction" advertised in its listing -- according to Redfin, [...]
An iPad Smart Home app at Trio Loft Condos

An iPad Smart Home app at Trio Loft Condos

There's new ownership and a new sales regime at Loft Condominiums at Trio in Chicago's Fulton River District. The big draw for buyers of the re [...]
Cutting prices early and often in Holstein Park

Cutting prices early and often in Holstein Park

How long should a home stay on the market at its introductory price before taking a cut? How long should it stay at a new price before changing on [...]
Glencoe new construction sells at sixty percent discount

Glencoe new construction sells at sixty percent discount

The home at 1005 Sheridan Rd in Glencoe was under construction when we shot the above photo in July of 2006, and carried an asking price of $5,299 [...]
A Winnetka new construction price misjudgment

A Winnetka new construction price misjudgment

I walk through and report on many homes during the course of a year, but rarely express an opinion on price. Saying anything useful would require [...]

If home price index falls, is it just noise?

Unlike the imaginary tree falling in the forest, a falling Case-Shiller index often makes enough noise to affect home buyer behavior. Should it? An [...]
East Kenilworth home drops under $500K

East Kenilworth home drops under $500K

When we shot the above video last September there were six homes in Kenilworth listed for under $600,000. The 3-bedroom, 3 ½ bath, 2-car garage [...]
Shoemaker Lofts buyers losing their shirts

Shoemaker Lofts buyers losing their shirts

Dubin Residential’s Web page for Shoemaker Lofts prominently displays a Starbucks logo, despite the fact that the nearest Venti is more than 2 mil [...]
Has the house market hit bottom?

Has the house market hit bottom?

If the headline sounds strange, read on. As someone who’s seen half a dozen booms and busts in Chicago, I find speculation about the future dir [...]
Choice cuts: $90K for a lakefront two-bedroom in Hyde Park

Choice cuts: $90K for a lakefront two-bedroom in Hyde Park

A "M O T I V A T E D S E L L E R !!!" at Hyde Park's Parkshore Apartments, 1755 - 1765 E 55th St, is asking $89,900 for a fifth-floor two-bedroom [...]
Choice cuts: $100K+ off a combo unit at Warehouse Lofts

Choice cuts: $100K+ off a combo unit at Warehouse Lofts

Our files on Warehouse Lofts, a brick-and-timber loft building in Fulton Market, date back to its days as a rental development managed by Annie Pr [...]
Discounted duplex in Lincoln Park listed below ’02, ’04, and ’06 prices

Discounted duplex in Lincoln Park listed below ’02, ’04, and ’06 prices

Unit 3S at 823 W Lill Ave in Lincoln Park bounced around among owners throughout the 2000s. In March 2002, the 2,200 square-foot duplex sold for $ [...]
Winnetka open house – a walk-to-school block

Winnetka open house – a walk-to-school block

Once again we’re dipping into YoChicago’s extensive video vault of summer drives through the north and North Shore suburbs. Winnetka District 3 [...]
More cuts for Mondial

More cuts for Mondial

Prices have dropped once more at Mondial, 910 W Huron St, albeit by modest amounts compared to what we saw last year. Over the summer, @properties [...]
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