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Tag Archives: chicago

CityGrounds Coffee Bar Grand Opening Today In Lincoln Park

Need a switch from Starbucks? CityGrounds Coffee Bar opened this week at 507 W. Dickens (corner of Lincoln and Dickens). With an obvious niche of matching high end brewing technology (Lincoln Park’s first Kees Van Der Westen expresso machine) and locally roasted coffee (Metropolis), City Grounds coffee bar adds to the growing number local merchants/business […]

2010 In Review – Lincoln Park Condos and Townhomes

Lincoln Park is one of the most stable real estate markets in the country. In 2010, a year that proved difficult for many Chicago neighborhoods, Lincoln Park again performed well in comparison. In this post, I want to concentrate on 2 segments in this market. The first segment is condominiums that reside in buildings with […]

Did You Know? A Fun Fact about Streeterville

Did you know that the Streeterville neighborhood in Chicago is built almost entirely on landfill from debris from the Chicago fire of 1871?  Streeterville is commonly known for the neighborhood east of Michigan Avenue to the lake. George Wellington “Cap” Streeter took up residence on a sandbar in Lake Michigan and charged developers and speculators […]

Small Business Saturday – Some Local Facts

I took a drive this morning through the local retail hubs in Lincoln Park and Lakeview and the vacant storefronts are a stark reminder of the reality of today’s economy. I counted 28 empty storefronts in the Halsted/Armitage area and another 13 in the Southport Corridor. These businesses are one of the reasons that make […]

The Pre- Approval Process

Here is a helpful video on the Pre-Approval and refinance process by Dean Vlamis from Perl Mortgage. Dean was recently recognized as on of the top 50 mortgage originators in the country and has been helpful assisting many of my clients with their purchases and refinances. Take a look!  Dean can be reached at dean@perlmortgage.com.

2010 YTD Foreclosures and Short Sales in Wicker Park, East Village, Ukranian Village and Bucktown

In follow up to my reporting on foreclosures and short sales in Lincoln Park and Lakeview, I wanted to take a look at another popular section of the city. This review will be of the Wicker Park, East Village, Ukranian Village and Bucktown neighborhoods. I ran my search of all MLS reported closings roughly between […]

2010 YTD Short Sales and Foreclosures in Lakeview

In follow up to my post yesterday about short sales and foreclosures in Lincoln Park, I wanted to do similar research for Lakeview. For the first 3 quarters of 2010, there were 1397 MLS reported closings in Lakeview (60613 and 60657). 66 of those transactions were short sales (4.7%) and 69 (4.9%) were foreclosures. Similar […]

2010 YTD Short Sales and Foreclosures in Lincoln Park

One of my clients contacted me this week wondering how many short sales and foreclosures traded this year in Lincoln Park. After doing the research, I thought it was valuable information to pass on to all of you. In the first 3 quarters of 2010, there were a total of 805 closings in Lincoln Park […]

Local Home Prices Rise in Contrast to U.S.

(Crain’s) — An index of local home prices rose for its fifth straight month, defying a broader decline among the largest U.S. cities as the housing recovery loses momentum nationwide. The Standard & Poor’s/Case-Shiller index of Chicago-area single-family home prices rose 0.4% from July to August but was still down 2.9% from year-ago levels, according […]

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