Thursday, July 31, 2014

Sold! Repeat client closes Lincoln Park condo sale $575,000

Take a video tour of our latest sold listing in Lincoln Park

We closed the sale of a three beds, two baths luxury condo at popular Wrightwood Crossing early this week.  1307 W Wrightwood #106 sold for $575,000.  Our investor client who owned in the original development relied on us to make recommendations on preparing the home for market and pricing.  We managed all aspects of the condo renovation and sale process from start to end.  This included managing contractors and working with the Condo Association on key issues.

The entrance to Wrightwood Crossing, 1307 W Wrightwood, Chicago 60614
We thank our client for his continued trust and business.  Congratulations to the buyer who was also wonderful to work with.  Enjoy your new home in a terrific Lincoln Park location.

The median price for a three bedrooms, two baths condo with garage parking in Lincoln Park this year is about $586,000.  Sales stats gathered from

Call or email us to discuss your next real estate purchase or sale.  We handle all aspects of the transaction.

Wednesday, July 30, 2014

Seen downtown: Here comes the sun

Photo Bob DePalma, Broker, Kale Realty
We caught these office sunbathers in Chase Tower Plaza downtown early this week. Bravo for making the most of their escape. 

Lincoln Park vintage row house sales active in 2014

A wonderful row house on Webster Avenue, Lincoln Park gets some professional care on Monday (photo Bob DePalma, Broker, Kale Realty).
One of our favorite homes we've sold was a historic row house in Lincoln Park's Old Town Triangle.  No other properties seem to say Lincoln Park, Chicago to us than vintage row houses.

Here's a look at Lincoln Park vintage row house sales so far in 2014

Seven (7) vintage row house sales have been recorded in the MLS since January 1st of this year.  The median price for the closed row house sales is about $1,055,000.  

The lowest vintage row house sale is a three bedroom home (2 beds upstairs, on bedroom in the lower level) at 2702 N Dayton Street for $622,000.  The row house did not include designated parking on the property.

Watch our video walk-through of a vintage Lincoln Park row house!

The highest vintage row house sale this year in Lincoln Park is 2537 N Burling for $2,310,000.  The 6 bedrooms, 4 full and 2 half-baths home is located on one my favorite blocks in Lincoln Park.

For sale and under contract

Currently, eleven (11) vintage row houses are listed for sale on the MLS priced from $769,000 to $2,250,000.

Twelve (12) vintage row houses are under contract and pending closing with asking prices of $779,000 to $1,925,000.

We help clients buy, sell and rent property in Lincoln Park.  All sales statistics gathered and analyzed from by Eric Rojas, Broker, Kale Realty

Tuesday, July 29, 2014

Photos! Lincoln Park's Etno Village Grill expanding

Photo Bob DePalma, Broker, Kale Realty

Bob and I love a good value.  We especially love a tasty value! I'm not saying we're cheap, but if the food ain't free it better be good (and cheap).

We've really enjoyed the food at Etno Village Grill at 2850 N Lincoln Avenue in Lincoln Park since they opened.  Great flavor and good value.  Bob took a couple shots of the expansion construction after a walk-through of our listing at 1307 W Wrightwood down the street.  We work and cross through Lincoln Park near Etno often and look forward to the re-opening.

Hurry back!

Indignity at a title company closing

 Bob attended a closing on behalf of our clients yesterday at a downtown title company where he suffered the bathroom key spatula.  Oh, the shame.

Monday, July 28, 2014

Crain's: Poor families use CHA "super-vouchers" to live in luxury buildings

A Crain's article on controversial use of CHA housing "super-vouchers" (formerly known as Section 8 subsidized housing vouchers) has gained a lot of attention today.

Tax dollars to subsidize this view? (Photo Eric Rojas, Broker, Kale Realty)
Bob and I have not worked with clients looking for housing while possessing a voucher.  However we have worked with landlords considering making their apartments eligible for CHA vouchers. Additionally, Kale Realty has a wealth of expert brokers dealing with people looking for quality housing... being it low income clients or those with vouchers.  One thing we have learned over the years is housing for voucher holders in low crime and high income neighborhoods is scarce.  Housing for voucher holders is pretty much scarce in general.

Set aside the classicism and racism in the comments to judge if this is a good CHA and HUD policy, a well intentioned but flawed policy or if the practice should be investigated for corruption.

Wednesday, July 23, 2014

Photos! Once a school, new Illinois Masonic building in Lakeview almost complete

Advocate's Illinois Masonic Hospital is located in the heart of Lakeview.  The new Center for Advanced Care at Illinois Masonic Medical Center, 836 W. Wellington Ave. (Photos Eric Rojas, Broker, Kale Realty)
The 900 block of West Barry in the Lakeview neighborhood use to feature an elementary school and then a vacant lot.  When showing our listings on the block we would get questions about the closed school and then the vacant lot after the school was demolished.

Buyers were nervous that a large, tall structure would go up right across from them blocking views.  Not to mention buyers may face years of construction while in their new home.  It was definitely a key objection and affected sales prices on the block.  The hospital employees and visiting families add to the bustling scene and support local business.

Condos, apartments and a single family house line the 900 block of West Barry directly across from the new construction hospital building.
 The mystery is over.  The new hospital building is three stories tall and remains set back a fair amount from West Barry and the residential homes. The block is steps from tons of popular retail and restaurant options. 

Looking west at the new Adovcate Illinois Masonic building
We congratulate and appreciate Advocate's investment in the neighborhood.

Tuesday, July 22, 2014

Photos! Meeting a client on East 53rd Street, Hyde Park

The Hyde Park Bank building remains a bold, classic statement on a great residential and retail strip of Hyde Park on Chicago's South Side. Interesting architecture and entertainment options line East 53rd Street.
 I was in Hyde Park on a beautiful Sunday morning a week ago to meet a client at a new listing.  The condo is located at 1229 East 53rd Street just steps from just about anything you need.  From the practical like CVS Pharmacy across the street to excellent dining options like A10.

Here's a handful of photos I took on East 53rd Street on a quiet Sunday morning early this month.

Vintage buildings at 1229 East 53rd Street are steps from local retail, dining and close to the lakefront.

An anticipated 267 unit new construction apartment building at 1330 E. 53rd Street is slated for completion next fall.  The Mobile gas station was demolished early this year.

Take a stroll through Nichols Park

Students sit, chat and play ukulele early Sunday at a plaza in Nichols Park

The park and school campus have many attractive landscaping elements.

Dinner and entertainment at Chant on East 53rd Street

The Mellow Yellow needs no introduction

Flashes of modern retail space have been built closer to the lake

People just starting to mill about along East 53rd Street

Cyclists eat at Valois Cafeteria

Great looking patio and restaurant at A10

Five Guys (!) in a vintage building. 

Wednesday, July 16, 2014

Parking in Evanston

I'm in southeast Evanston today prepping a new listing for sale.  You can park for two hours on Chicago Avenue for $1.50 and  you don't need to put the little ticket in the window.  They even retrofitted the old meters to take credit cards along with Internet and phone(!) options to pay. 

The Trump sign is not that bad

I snapped this photo of the river and Trump International Hotel and Tower last Thursday around dusk (after muscling a couple tourists out of the way). Is the sign that bad? Or is it people don't want to look like New York or Vegas?  This has always been one of my favorite views in the city and I didn't feel the Trump sign has affected that. 

Will the people of River North and downtown survive?  Read more...