Near South Side

Downtown Chicago condos for sale set new 2 year lows in July

Click to see full chart of downtown Chicago condo inventory levels August 8, 2011

Back in February I reported that the number of listed downtown Chicago condos for sale on the last day of January reached a new two-year low at 2,876 (see Downtown Chicago condos for sale at 2 year low). Downtown condo inventory levels have continued to drop and reached 2,605 at the end of July. Click to continue...

60605 condos & townhouses for sale at 2 year low, down 36% from 2 years ago

Click to see full chart June 10, 2011

The number of condos and townhouses listed for sale in downtown Chicago’s 60605 zip code (roughly the South Loop) reached a 2 year low on the last day of May. There were 145 such homes for sale down Click to continue...

Downtown Chicago 3 bedroom condos for sale at 2 year low

Click to see full chart May 13, 2011

The number of 3 bedroom condos, townhouses and co-ops listed for sale in downtown Chicago reached a 2 year low in April. Click to continue...

Starting prices for downtown Chicago 3 bedroom condos with unobstructed lake views

Click to read full post April 18, 2011

A buyer for a downtown Chicago 3 bedroom condo with unobstructed lake views wrote me this weekend asking about starting prices. Here’s what I shared with him. Click to continue...

Downtown Chicago 2 bedroom condos for sale – most priced between $200K and $500K

Click to see full chart April 8, 2011

Prices for downtown Chicago 2 bedroom condos start at $200K and most are priced between there and $500K. Which end of the price range a downtown 2 bedroom condo is priced at depends a lot on the number of full bathrooms. Click to continue...

Downtown Chicago condo prices fall less, but sales fall more than whole Chicago market Q1 2011

Click to see full chart April 4, 2011

Median and average sale prices for condos (including townhouses and co-ops) in downtown Chicago for the 1st quarter of 2011 fell compared to the 1st quarter of 2010, but not nearly as much as prices for the whole Chicago condo market. Conversely, the number of condos sold fell more downtown than for the whole city. Click to continue...

Map of downtown Chicago townhouses for sale

Click to see map of downtown Chicago townhouses for sale March 25, 2011

One of my tips last week in “6 tips if you want a condo with 2 parking spaces” was to consider buying a townhouse. What if you want to be close to the Loop? Here’s a map showing townhouses for sale in downtown Chicago and the surrounding area. Click to continue...

Downtown Chicago 3 bedroom condos for sale – most priced between $500K and $1.3M

Click to see price distribution chart for downtown Chicago 3 bedroom condos for sale March 21, 2011

The price range for downtown Chicago 3 bedroom condos is huge. List prices start under $100K and rise above $8M. Here’s a closer look at typical price ranges by size. Click to continue...

Downtown Chicago studios for sale – most priced under $200,000

Click to see full price distribution chart February 28, 2011

Thinking of buying an in-town home or pied-a-terre with prices down? You’re not the only one. Sales have been on the rise since they bottomed in the first quarter of 2009. Click to continue...

Downtown Chicago condos for sale at 2 year low

Click to see full chart of downtown Chicago condo inventory levels February 21, 2011

The number of downtown Chicago condos listed for sale on the last day of January reached a new two-year low at 2,876, down 25% from January 2010 and down 30.6% from January 2009. All sizes of downtown condos (studios to 4+ bedrooms) Click to continue...

Downtown Chicago condo median sale price rises nearly 10% in 3rd quarter 2010

Click to see the full chart December 20, 2010

The median sale price of a condo in downtown Chicago rose 9.9% between 3rd quarter 2009 and 3rd quarter 2010. The median sale price was $363,000. The average sale price rose 19.9% to $524,000. Click to continue...

Near South Side & South Loop neighborhood videos

Thumbnail image for Near South Side & South Loop neighborhood videos December 17, 2010

Last week I received a call from a woman who will be relocating to Chicago next year for her job. Her new work location is just a few blocks from a Metra Electric Line Station, so I suggested she and her husband might want to consider the Near South Side Below are the 3 videos I recommended they watch to get a feel for the Near South Side area and the South Loop neighborhood. Click to continue...