Price Reduced! Go big in this Albany Park duplex condo

Need space?

For sale 3653 W Leland asking $224,900. 2100+ sq/ft duplex condo in Albany Park. Three bedrooms, three full baths, family room, sun room (can be fourth bedroom), mud room/laundry room off the back entrance... awesome space.

This location is close to CTA Brown Line, bus routes, easy highway access to downtown or suburbs. Walk to grocery stores.

We are the Duplex Kings of Chicago!
4152 N Lincoln: $449,000
3328 N Kenmore: Sold!
2049 W Addison: $599K
1319 N Bosworth: Sold!
5006 N Winchester: Sold!
3616 N Janssen: Sold!
2333 W St Paul: Sold!

House of the Week: Back on Belden in Lincoln Park

We have a shining for West Belden Avenue in Lincoln Park...and why not? This House of the Week at 851 W Belden is on rare full block of vintage preserved homes in the DePaul neighborhood. There's even a little elbow room on each side of the home I don't have MLS sales information...but who cares? Just visit the street and be transformed to another era!

Click the link for more House of the Week posts!

Trashed! North Side Chicago condo unit sales down third quarter

Third quarter condo sales are significant because its the first three month period of closings free of the Federal first time buyers tax credit incentive. How did our five major condo markets do?

Third quarter 2010 compared to third quarter 2009 (July 1st to September 30th).

Lincoln Park: 180 units sold down from 2009 by -32%. Median price of $392,000 down -2% from 2009.

Lake View: 258 units sold down from 2009 by -32%. Median price of $315,000 up +2% over 2009.

West Town: 163 units sold down from 2009 -44%. Median price $350,000 up +2% over 2009.

Northcenter: 57 units sold down from 2009 -44% . Median price of $355,000 down -3% from 2009

Lincoln Square: 55 units sold down from 2009 -40%. Median price of $165,000 (no typo) down -38% from 2009 (this was affected by busted condo buildings north of Foster Ave in the Lincoln Square community area. The highest condo sale was $498,000 for the 3 month period.)

Click the link to view more Chicago Market Statistics

Lincoln Park single family home prices down 16% in third quarter

Correction! I originally used numbers I collected for 2008 and 2009 for this post. Theses are the updated sales numbers for 2009 to 2010.

34 Lincoln Park single family homes sold third quarter 2010 in Lincoln Park (July 1st to September 30th) for a median price of $1,260,000. The median price is down 16% from third quarter 2009 when 43 homes sold for a median price of $1,500,000.

Normally, you'd think the low interest rates on jumbo loans may help the average million dollar buyer STRETCH for that more expensive home.
On the other hand, the $8,500,000 sale in Lincoln Park this third quarter was a cash deal... so there you go.

Data analyzed from our local MLS, MREDLLC.com which we are a member.

Click this link to read more of our posts on Lincoln Park

Watch the video: Living in Roscoe Village

You don't have to be a Chicago Blackhawk to live in Roscoe Village (but it helps!).
Check out our latest video discussing the appeal of Roscoe Village... call us with questions! We talk about the neighborhood from 2049 W Addison Unit 1, one of our latest homes for sale. Roscoe Village is a friendly, tight knit neighborhood located between West Addison and West Belmont north to south and basically North Ashland to North Western east to west. It features top dining, shopping, grocery stores, CTA train and bus transportation and relatively easy access to highways and the airports.

Click the link to view more home and neighborhood videos

Home Buying tips: Dude...Where's my spare tire?

Recently we counseled first time buyers on a simple fact of city living. Secure your spare tire and rim (or better yet, take it off the truck and put a "doughnut tire" on there for everyday city use). This is what we call our value proposition...adding value to the transaction well before and beyond the closing table.

680 North Lake Shore Drive: Chicago's Best of Streeterville 60611

Bob made this his home for more than 5 years and has shown and sold in the building! We love this place and recently attended a brokers open for the sale of Unit 1206 asking $1,835,000...check out these photos below of Unit 120!

From Bob's past home sale brochure:

The Architecturally significant Lake Shore Place, built in 1924 as the American Furniture Mart, is known today as one of Chicago’s most prestigious and full service communities. The building houses 3 separate residential associations (Lake, South and Tower Residences) and a separate commercial division providing convenience and luxury to the residents and neighborhood. The soaring Tower Residence, known for it’s disappearing “Lapis Lazuli…don’t call it blue” roof, houses 130 condos and provides spectacular views of the Chicago cityscape.

Even the views of the lake from the parking garage can be fantastic!

There are 21 homes for sale or pending at 680 North Lake Shore Drive ranging from $289,000 to $1,835,000.

Click the link to read more on the history of 680 N Lake Shore Drive

Watch the video: Luxury bedrooms at 2049 W Addison, Roscoe Village

Here's a video tour of the bedroom level at 2049 W Addison Unit 1 asking $599,000. The lower level has and entry foyer, all heated hardwood floors throughout, three spacious bedrooms and two well appointed baths. There is a big interior storage room that also houses dual sump pump system, furnace and water heater. Enjoy the side by side washer and dryer in a true laundry room!

Click the link to watch the main floor video here

Watch the video: Roscoe Village luxury duplex $599,000

Tour the top floor of our new home for sale at 2049 W Addison Unit 1 listed at $599,000; a three bedrooms, two and one-half baths duplex in Roscoe Village. Here we discuss the features of the living, dining, kitchen and great rooms. Rare for a duplex, all the common living space is on the main level.

Click the link to view our home sale videos on our Youtube channel or click on the "video" label below.

Chicago early voting starts Columbus Day 2010: Don't vote for a pirate!

In 1492, Columbus sailed the ocean blue. So, the result is my oldest is home from school today playing pirates and I get to vote early. Which got me thinking...

This is one of the more exciting election cycles I can remember. Locally, you can vote for a change in many contested elections such as Cook County President, Cook County Assessor, your State Representative, Representative in Congress, and yet more globally your Illinois Senator.

Don't vote for the pirates that will steal hard earned money from property owners without changing flawed policies that go with the increases! Vote for those looking to lower property and transfer taxes on real estate to help home owners and buyers...ouch!

Depending on the Day, Ryne is either a good pirate or a bad pirate. Who will you vote for?