From the category archives:

Lakeview

Chicago Pied-a-terre Condo Opportunity on Lake Shore Drive

January 28, 2010

For an in-town pied a terre or investment property, this one bedroom at 3950 N Lake Shore Drive is worth looking at…

For only $ 125,000, it’s across the drive from Waveland golf course and the harbors, the tennis courts and the lakefront bike paths.  At the corner of Irving Park and the drive,  you can [...]

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How do Chicago home price declines compare to the suburbs’?

January 18, 2010

I have a suburban client contemplating a cr0ss-country move, and like everyone else who bought 2-5 years ago, he’ll be taking a loss on his home.  In negotiating his relocation package, he contemplated how this loss would compare to what he’ll gain by buying in his new city.
Did home prices decline as much there as [...]

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Prudential Rubloff Leads Lakeview Home Sales

January 8, 2010

In preparing a listing appointment this week for a Lakeview Single Family Home seller, the market data was interesting…
1.  Prudential Rubloff does about twice the single family home business in the Lakeview Neighborhood.

2.  The market is looking more healthy — with 92 active listings and 63 sales in the last 6 months, we are edging [...]

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Hawthorne Historic District Home for Sale – 546 W Hawthorne

April 29, 2009

I had the pleasure of visiting 546 W Hawthorne this week.  Listed at $ 5,400,000, it’s been reduced $200K during its 9 months on the MLS.    Known as the John F McConnell house, it’s located in the Hawthorne Historic District of Chicago’s Lakeview neighborhood.
This home is beautifully sited on a 100 x 200′ lot, and [...]

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Jan – Feb Chicago Single Family Home Sales

March 11, 2009

With all the bad real estate news being generated, it’s important to understand the local Chicago real estate market, putting the numbers into a meaningful perspective.
At first blush, one sees that Jan/Feb median sales prices were off 30.3% vs the first two months of ‘08.  However, if you compare the 2 month average to the [...]

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