Real estate news & trends
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Rogers Park
BJB Properties, one of our sponsors, owns and manages dozens of newer and recently-renovated vintage apartment buildings in prime Gold Coast, Lincoln Park, Lake View and Rogers Park locations. BJB recently invited its residents to submit photos of their apartments to a prize competition. You can see some of the many submissions at BJB’s Facebook ...
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Posted by Joe Zekas on May 6, 2013
Rogers Park developers periodically fall prey to a state of irrational exuberance. The peak of the most recent mania had already passed in May of 2008 when a 2-day survey of Rogers Park took us to more than 100 active condo conversions. It was already clear that the bubble had popped, and it only remained ...
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Posted by Joe Zekas on February 22, 2013
The remodeled vintage mid-rises at 1063 and 1101 W Columbia have the beach at one end of their tree-lined block and Starbucks, restaurants, a convennience store and a movie theater at the other end. The Loyola University campus and Loyola Red Line stop are just a few blocks south. The studio, 1- and 2-bedroom apartments ...
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Posted by sponsored post on January 31, 2013
Several neighborhoods that had seen a steep decline in median selling prices in recent quarters saw an equally steep rise last quarter. The effect was present mostly in single-family homes. Three examples are Near South Side, Edgewater and Rogers Park. The median selling prices of Near South Side houses had fallen 44% between Q3 2011 ...
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Posted by Jeff Baird on November 9, 2012
What’s not up, apparently, is the tone of the discussions about Rogers Park that take place at EveryBlock, and that has led to cries of censorship and allegations that individuals have been banned. Rogers Parkers have a history of conducting contentious debates online, often lacing them with personal attacks. Four years ago in July I ...
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Posted by Joe Zekas on October 24, 2012
Six and a half years ago we were reporting at length on a condo boom and a lagging retail scene in Rogers Park. Our story led and ended with an enthusiastic buyer: Alpana Singh is a star of Chicago’s fine dining scene, with a string of accomplishments including a TV show, an upcoming book and ...
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Posted by Joe Zekas on August 31, 2012
The bad news first: the median selling price of a condominium in Rogers Park last quarter was $62,500. But the good news is that they are selling at all. 163 condominiums or townhomes closed between April and June 2012, less than a 20% decline from the market average in 2008. The corresponding figure for the ...
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Posted by Jeff Baird on August 27, 2012
What NBC Chicago referred to as the “infamous hole” at 7070 N Clark St in Rogers Park is apparently headed for auction after languishing in uncertainty for half a dozen years. The property was listed for sale in 2009 for $3,950,000 as a “partially constructed 5-story 32-unit development project.” The price was reduced to $2,950,000 ...
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Posted by Joe Zekas on June 19, 2012
Last week I shot video at 16 different rental properties in Evanston, Lake View and Rogers Park with BJB Evanston and BJB Properties. Whenever I’m shooting video at a property I like to talk to the residents about their experience living there. Most are reluctant to go on camera on an impromptu basis, but some ...
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Posted by Joe Zekas on May 15, 2012
For the second week in a row the number of MLS-listed homes, apartments and condos in 6 north lakefront ZIP codes reached a new high since we began tracking earlier this year. There are currently 581 units listed for rent in the MLS from Lincoln Park north to Rogers Park. That amounts to less than ...
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Posted by Joe Zekas on May 14, 2012
Five years ago today we were reporting that the 43-unit North Beach Lofts, 1225 W Morse Ave, was nearing a sellout, with only four units still available. A year later, in June of 2008, we were told that “only a couple of units were left.” Our reporter described the Rogers Park neighborhood as an exception ...
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Posted by Joe Zekas on May 11, 2012
Condominiums in Rogers Park, Humboldt Park and Irving Park — three neighborhoods that once had strong new development and high selling prices — are now selling for 25%, 27%, and 40% of their peak price levels in 2007 or 2008. As of last quarter, the median selling price of a condominium in Rogers Park was ...
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Posted by Jeff Baird on February 14, 2012
Last week we quietly began keeping track of the available inventory of homes and condos listed for rent in six north lakefront ZIP Codes in the local MLS. The ZIP Codes hug the lakefront from Lincoln Park north to Rogers Park. We’ve been watching MLS-listed rentals in downtown ZIP Codes for more than 2 years, ...
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Posted by Joe Zekas on January 16, 2012
I stopped by Greenview Gardens in Rogers Park, 7633 – 39 N Greenview, to check the condition of the building. What prompted my visit was a steep drop in the price of resale units in the complex. Unit F, a 2-bedroom, 2-bath at 7633 N Greenview which was purchased for $212K in December of 2005, ...
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Posted by Joe Zekas on December 5, 2011
Back in 1992 we published Coops & Condos, a reference work for real estate agents. It contained accurate information on every North side lakefront 12-unit or larger development, and sold well at a cover price of $49. The book was organized by neighborhood. Each neighborhood section began with a brief write-up and a statistical summary ...
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Posted by Joe Zekas on December 1, 2011
The listing for 7772 N Sheridan Rd, the easternmost unit in the Lakeview Pointe development in Rogers Park, boasts that “you can’t live closer to the lake than this.” You can, of course, on Eastlake Terrace within sight of this listing, and at many other points along Chicago’s lakefront. You can see the Lakeview Pointe ...
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Posted by Joe Zekas on November 29, 2011
North Beach Lofts, the conversion of an old Duxler Tire warehouse at 1225 W Morse, was one of the more successful projects completed in Rogers Park. The 43-unit project, which included three stories of new construction, sold fairly rapidly in the boom years of 2006-07. At the time, most of the 2-bedroom, 2-bath units were ...
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Posted by Joe Zekas on November 26, 2011
Streeterville is “the ultimate destination for a night on the town with friends” according to the video. That’s the kind of statement you’d expect from the Chicago Convention & Tourism Bureau rather than from Loyola University students, but that’s who produced the video. The video gives you an upbeat overview of three neighborhoods: Lake View, ...
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Posted by Joe Zekas on September 15, 2011
Or is it just a hustle to grab your attention? 415 Premier Apartments, formerly known as Skyline at Evanston, sits on the north side of Howard St – the Evanston side. There’s an outstanding array of shopping and dining options almost directly across the street from 415 – on the Chicago side of Howard. There’s ...
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Posted by Joe Zekas on September 9, 2011
Larry Shure, a preservation planner with the City of Chicago, has begun a fascinating project cataloging and categorizing the courtyard buildings of Rogers Park at his Ultra Local Geography blog. Shure has mapped the neighborhood’s 200-some courtyard buildings, graphed their distribution by type (U-shaped court, L-shaped court, etc.), logged the years in which they were ...
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Posted by Joe Zekas on September 1, 2011
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