Chicago 2 bedroom condos for sale down over 27% in Q1

Click to see full chart May 25, 2013

The inventory of listed Chicago 2 bedroom condos for sale continues to plummet. There were 5,219 2 bedroom condos for sale in Chicago in the first quarter down 27.6% from first quarter 2012 when there were 7,212 2 bedroom condos for sale. Click to continue...

4801 S Ellis Ave – Chicago mansion for sale

4801 S Ellis Ave Chicago IL Photo May 23, 2013

Last week I toured the mansion for sale at 4801 S Ellis Ave in Chicago’s Hyde Park – Kenwood Historic District. The home was designed by Chicago architect Horatio Wilson. Wilson built a home for himself just one block to the south of 4801 S Ellis. Click to continue...

Downtown Chicago apartments for sale down 27% in Q1

Click to see full chart May 21, 2013

The inventory of listed downtown Chicago apartments for sale continues to fall. There were 2,324 apartments for sale in downtown Chicago in the first quarter down 27.2% from first quarter 2012 when there were 3,194 apartments for sale. The inventory of downtown Chicago apartments for sale is down over 57% from first quarter 2010. Click to continue...

2800 N Lake Shore Drive Condos for Sale

Click to see photos and details of all 2800 N Lake Shore Drive condos for sale May 18, 2013

Several 2800 North Lake Shore Drive condos are for sale in Lakeview. Here’s a review of the building and condos I’ve previewed or shown along with photos and details of the other condos for sale. None of these units are my listings. Click to continue...

Chicago 1 bedroom condos for sale down 30%, sales up 14% in Q1

Click to see full chart May 16, 2013

The inventory of listed Chicago 1 bedroom condos for sale continues to plummet. There were 2,258 1 bedroom condos for sale in Chicago in the first quarter down 30.6% from first quarter 2012 when there were 3,255 1 bedroom condos for sale. Click to continue...

10 downtown Chicago condos with no units for sale

200 E Delaware Photo May 14, 2013

Downtown Chicago’s inventory of condos for sale is still dropping. As of this morning there are 10 condo and co-op apartment buildings that have zero units listed for sale. The buildings have at least 13 units and one has over 200! Click to continue...

Chicago ultra-luxury home sales down in Q1

Click to see full chart May 11, 2013

Only 5 listed ultra-luxury Chicago homes were sold in the 1st quarter down 44.4% from 1st quarter 2012. It was the lowest number of homes sold for $3,000,000 or higher in the past several years. Click to continue...

3 bedroom condos for sale in Streeterville

Click to see all 3 bedroom condos for sale in Streeterville May 9, 2013

Prices for 3 bedroom condos for sale in Streeterville may start at only $300,000, but over half of them are priced above $1,000,000. In 2012 the median sale price was $795,000. In 2011 and 2010 it was $985,000 and $975,000. Click to continue...

No Chicago mansions sold in Q1

Click to see full chart May 7, 2013

In the first quarter there were no sales of listed mansions in Chicago. For the past 3 years there have been an average of 3 houses sold in Chicago with a minimum of 8,000 SF. Click to continue...

1500 N Lake Shore Drive co-op apartments for sale

Click to see photos & details of all co-op apartments for sale at 1500 N Lake Shore Drive May 4, 2013

Vintage co-op apartments are for sale at 1500 N Lake Shore Drive in Chicago’s Gold Coast. Here’s a review of the building and photos and details of the apartments for sale. None are my listings. Click to continue...

Chicago condos for sale down 28%, sales up 20% in Q1

Click to see full chart May 2, 2013

The inventory of listed Chicago condos for sale continues to plummet. There were 10,907 condos for sale in Chicago in the first quarter down 28.1% from first quarter 2012 when there were 15,171 condos for sale. Click to continue...

Case-Shiller Chicago Index in February has largest increase since September 2006

Click to see full chart April 30, 2013

Chicago’s Case-Shiller Index for February fell 0.8% from January. However, the index is up 5.1% from February 2012. This is the fourth consecutive month it’s been up compared to a year earlier and the largest increase since September 2006. Click to continue...