Archive for September, 2010

July Chicago Condo Prices Fall

September 29, 2010 - Late last week we talked about how sales of Chicago condos and single-family homes posted a modest again this August over July. Now we have another set of statistics to compare. The Standard & Poor’s/Case-Shiller index of home prices was detailed in a recent Crain’s report and while it showed that […]

August Chicago Condo Sales Down

September 24, 2010 - According to the latest report from the Illinois Association of Realtors, Chicago area sales of condos and single-family homes in August (2010) were up 1.3% from July sales but down 19.6% from August of last year (2009). There were 5,633 Chicago condos and houses sold in August 2010 while there were […]

Optima Sale Now Runs Through October 30th

September 23, 2010 - As anyone who follows Chicago real estate listings knows, developers will often stretch out a “limited time sale” for a longer period of time. This can be because enough sales didn’t materialize or just the opposite; the sale was a big hit and buyers are signing contracts right and left. In […]

Price Cuts On Last One Bedroom Condos At Michigan Ave Tower II

September 22, 2010 - If you have an aversion to Chicago real estate auctions but love the price discounts they often bring, most developers usually lower prices on the remaining unsold Chicago condos after the auction to match bid prices. At Michigan Avenue Tower II you can still score some savings on what’s left of […]

Prairie District Lofts 95% Sold

September 20, 2010 - A Chicago real estate development that has always claimed to be constructed in one of the last true South Loop loft buildings is Prairie District Lofts. According to a recent Tribune article, Kargil Development is advertising price cuts on the last few Chicago lofts in this five story low-rise. There are […]