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    Luxury Apartment Tours
    1/27/11

    Feeling the pain: Owners unloading at Avenue East in Streeterville

    Avenue East, 160 E Illinois St, seemed to have a steady stream of homes coming back on the market last year, and saw about...

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    1/26/11

    757 Orleans shakes loose some rust

    Looks like a mix of price cuts, low-rate mortgages, and “free equity” incentives have thawed some of the ice around 757 Orleans @ Chicago...

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    1/24/11

    Underwater sellers at Optima Old Orchard Woods

    Optima Old Orchard Woods is seeing some of the sharp price drops that have plagued suburban condo developments in recent years. There are currently...

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    1/24/11

    Terror towers: What’s wrong with 2000 Lincoln Park West?

    2000 Lincoln Park West may benefit from some beautiful views, but the numbers there sure aren’t pretty. Homes that sold for $446 a square...

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    1/23/11

    Listed for $979K in Winnetka, sells for $800K

    Last April I visited the 5-bedroom, 3 ½ bath home at 397 Sunset Rd in Winnetka, shortly after it came on the market. The...

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    1/23/11

    Are Oak Brook sellers living in fantasyland?

    Oak Brook is a highly desirable, aspirational community, but that’s not the gist of our reference to fantasyland. There are currently 32 homes priced...

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    1/22/11

    Evanston 2-flat at 79% off 2007 price

    Have some spare cash and looking for a rehab project? You can find a number of homes in Evanston’s Fifth Ward priced at under...

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    1/18/11

    A year later, $200K less in Wilmette

    The 5-bedroom, 4 ½ bath, 2-car garage home on a corner lot at 1418 Elmwood Ave in Wilmette had only been on the market...

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    1/18/11

    River City three-bedroom now 79% below ’03 price

    River City made news last summer after rainwater flooded its condos and garage, but there’s been a redder kind of liquid seeping from the...

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    1/18/11

    Choice cuts: Assumption School penthouse cut by 31% over 9 months

    Won’t someone claim this penthouse? The fourth-floor unit in the old Assumption School building at 319 W Erie St in River North is one...

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    1/13/11

    Triumvera’s HOA from hell

    Seeing a new listing at 3700 Capri Ct at Triumvera set me off on a walk down memory lane. The listing states that it’s...

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    1/13/11

    New year, new listings: Six new condos for sale at 1162 West Hubbard

    Back in July 2009, Mark Boyer stumbled upon a 17-unit condo building under construction at 1162 W Hubbard St in West Town. He couldn’t...

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    1/12/11

    Are smaller lakefront condos headed for decline?

    Recently, at sites where the wishful-thinkers don their blinkers and gather to blather about the future of Chicago’s lakefront market, there’s been a recurring...

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    1/11/11

    Riverwoods, where home prices took a 40% hit

    Last July Bill and Sherry Kaplan, long-time friends, took me on a driving tour (video playlist) of Riverwoods, the closest-in approximation of a rural...

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    1/11/11

    Choice cuts: Lake View single-family now $50K below ’03 sale price

    On Monday a contemporary single-family home at 1527 W Nelson St in Lake View dropped from $849,000 to $790,000, $50,000 below its August 2003...

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    1/9/11

    Grand Bend cuts prices in bid to sell out now

    “Our compelling prices represent a dramatic opportunity to buy high-end, very large, brand new condominiums at near auction-level pricing,” said Andy Kiener, when he...

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    1/3/11

    Towers of terror: Sellers take their lumps at Granville Beach in Edgewater

    This morning Joe Zekas, writing at Homeward Bound – West Suburbs, likened price cuts at Oak Brook’s Tower Condominiums to the “uncontrollable plummeting at...

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    1/3/11

    Lincoln Park duplex listed for $87K below 2005 sale price

    2750 N Dayton St #8 isn’t really a new listing for 2011 — it’s been on the market since March, with an occasional delisting...

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    12/27/10

    Choice cuts: Renovated corner condo on Michigan Avenue listed below 2000 sale price

    Down, down, down goes the price of this corner condo at 777 N Michigan Ave. Unit 3201, a 1,650 square-foot two-bedroom / 2.5-bath positioned...

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    12/3/10

    Stuff that hasn’t sold: Three examples from Mondial’s inventory

    A round of major price reductions resulted in just 17 new sales at the 15-story, 141-unit Mondial high-rise this year, so expect to see...

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