dearborn park: Some Townhomes Selling Fast in Dearborn Park: Neighborhood Update
- 11/09/17 01:07 PM
Start your Dearborn Park & Dearborn Mews home search here.
Dearborn Park & Dearborn Mews
Housing Type: Townhome
While the lack of inventory that we have been talking about among townhomes is continuing we are about to see a few quick sales. The one that sold took 105 days, which is in line with the market times in our last report. However, there are 3 homes under contract and they currently have an average market time of only 27 days. This is hopeful news if you are planning to list your home, but keep in mind that the homes that are still available have an average market … (0 comments)
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dearborn park: Tucked Away Townhome in Dearborn Park
- 10/11/17 11:26 AM
View current inventory of 2+ bedroom condos in Chicago's Near South Side.
Listing Details
2 Bedroom Dearborn Park Townhome
1214 S Federal E, CHICAGO, IL 60605
Original List Price: $475,000 or rent $2,600
MLS number: 09772658 or rent 09772659
Bedrooms: 2
Bathrooms: 1.1
Square Footage: 1,357
Call Terri Buseman at 312-208-5166 to see if this property is still available and arrange a showing.
Tucked Away in Dearborn Park
Escape the bustle of downtown in the park-like setting of Dearborn Park. All the windows face the courtyard, offering quiet views of the treetops. This spacious home opens to a family room on the first floor with access to the powder room. The second floor is the main living … (0 comments)
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dearborn park: Dearborn Park Houses One Turn-Key One Fixer-Upper: Neighborhood Update
- 09/27/17 03:34 PM
Start your Dearborn Park & Dearborn Mews home search here.
Dearborn Park & Dearborn Mews
Housing Type: Townhome
Townhomes have seen the slightest increase in inventory. It's only been enough to make about one home available in each price range. Such a severe lack of competition for sellers is not helping market times. Buyers have seen all the inventory, so sellers may have to wait for new buyers to come look at the market. Market times haven't been drawing on too long, however. The average market time for sold homes is 143 days and for those under contract it is currently 131 days. The median sales price among townhomes was … (2 comments)
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dearborn park: South Loop Townhomes Just as in Demand as Ever: Neighborhood Update
- 08/23/17 04:47 PM
Begin your South Loop home search here.
South Loop
Housing Type: Condo
Inventory levels have either dropped slightly or stayed about the same since our last report. Market times have been pretty low too. In the $700-800k range and the $1-2m range the last homes to close took approximately 150 days to sell however, the homes that are under contract in those categories have an average market time of only about 100 days. We tend to see a seasonal slow in the market as the summer wraps up, but with such low inventory to begin with this could be a great opportunity for sellers to move quickly. The … (0 comments)
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dearborn park: South Loop Duplex with 400sf Terrace
- 08/17/17 04:21 PM
View current inventory of 3+ bedroom condos in Chicago's Near South Side.
Listing Details
Duplex with 400sf Terrace
51 W 15th J2, CHICAGO, IL 60605
Original List Price: $625,000
MLS number: 09722830
Bedrooms: 3
Bathrooms: 2.1
Square Footage: 2100
Call Terri Buseman at 312-208-5166 to see if this property is still available and arrange a showing.
Spacious and Modern
Snuggle up to a fire while overlooking your 400sf terrace. When entertaining the cook's kitchen has you covered with granite counters and stainless steel appliances, including a large refrigerator as well as plenty of cabinet space you have room for everything. The main living level is complete with an additional family room and dining room combo adjacent to … (2 comments)
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dearborn park: Townhome Inventory on the Rise in Dearborn Park: Neighborhood Update
- 08/10/17 12:16 PM
Start your Dearborn Park & Dearborn Mews home search here.
Dearborn Park & Dearborn Mews
Housing Type: Townhome
Market times are ultra low, which doesn't indicate that the inventory is on the rise. However, there are a few more townhomes listed since our last report and the average market time of those that are listed is 80 days. Although inventory is still quite low this market might be slowing down a touch which will give it some much needed time to build back up. The median sales price among condos was $500,000.
Price Range: $400,000-$800,000
Price Range: $800,000+
Dearborn Park & Dearborn Mews
Housing Type: Single Family
A few houses have come to the … (0 comments)
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dearborn park: Single Family Home Across from South Loop Elementary
- 06/09/17 10:45 AM
View current inventory of single family homes by Chicago's Near South Side.
Listing Details
Single Family Home Across from South Loop Elementary
1215 S Plymouth, CHICAGO, IL 60605
Original List Price: $1,250,000
MLS number: 09652249
Bedrooms: 4
Bathrooms: 3.1
Square Footage: 2108
Call Terri Buseman at 312-208-5166 to see if this property is still available and arrange a showing.
Rarely Available Single Family Home
This stunning single family home is located just across the street from South Loop Elementary. With four bedrooms, a full, finished basement, a family room, and a two-story deck there is plenty of room to spread out inside and out. The fourth bedroom is located on the lower level with a full bath, … (2 comments)
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dearborn park: Gated Single Family Home in the South Loop
- 06/04/17 09:01 AM
View current inventory of single family homes by Chicago's Near South Side.
Listing Details
Single Family Home in the Heart of the South Loop
1512 S State St, CHICAGO, IL 60605Original List Price: $849,000MLS number: Bedrooms: 3Bathrooms: 3Square Footage: 2156
Call Terri Buseman at 312-208-5166 to see if this property is still available and arrange a showing.
Spacious Living in this Single Family Home
There is plenty of room for everyone in this three bedroom, three bath home. It has a two-car garage plus a pad to park two more cars. Every bedroom is on the same level. Spend time together on the main level in the living room or adjacent dining … (3 comments)
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dearborn park: Price Significantly Cut on Sold South Loop House: Neighborhood Update
- 06/01/17 01:55 PM
Begin your South Loop home search here.
South Loop
Housing Type: Condo
Just like we saw yesterday in the Loop inventory is increasing slightly over last month and pushing the condos that are priced at $600k and higher into a balanced market. Both sellers and buyers tend to enjoy a balanced market. There is the right amount of inventory for demand. A seller who has been keeping a close eye on the market might feel it slowing down, but there is no need to panic. Homes that are priced and marketed well still sell quickly. The best strategy is to price your home at or just … (1 comments)
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dearborn park: Inventory Increasing Among Loop Condos: Neighborhood Update
- 06/01/17 11:32 AM
Begin your Chicago Loop home search here.
Loop
Housing Type: Condo
While many condos are still selling as quickly as they were in our last report we are seeing a small increase in listings coming to the market. This is pushing most of the price ranges over $600k into a balanced market. With more competition among sellers it is increasingly important to price your property for the market and make it visible to as many buyers as possible. See the chart at the bottom of this post to learn about how pricing affects visibility. The median sales price for condos was $347,000.
Price Range: $400,000-$800,000
Price Range: $800,000+
Loop
Housing Type: Townhome
Demand … (1 comments)
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dearborn park: Demand Extremely High for Dearborn Park Homes: Neighborhood Update
- 05/28/17 04:11 PM
Start your Dearborn Park & Dearborn Mews home search here.
Dearborn Park & Dearborn Mews
Housing Type: Condo
From 0 listings last month to 1 sold, 4 under contract, and 1 condo listed it's clear that the high demand for Dearborn Park continues. Only one home has a listing time of over a month. It is the home that had expired in our last report. The home is now under contract. It was relisted on May 6. Two changes were made to the listing; the price was raised to $410,000 and the showing restriction was lifted by an hour to no showings after 6:00 p.m. Of course, … (0 comments)
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dearborn park: Corner Townhome with Landscaped Backyard
- 05/25/17 02:40 PM
View current inventory of 2+ bedroom homes for sale in the Loop.
Listing Details
Corner Townhome with Landscaped Backyard
1240 S Federal B, Chicago IL 60605
Original List Price: $439,000
MLS number: 09637635
Bedrooms: 2
Bathrooms: 2
Call Terri Buseman at 312-208-5166 to see if this property is still available and arrange a showing.
Remodeled Corner Unit Townhome
Of the 117 townhomes in this complex only 9 share this floorplan. Hardwood throughout and a kitchen that was remodeled in 2010, boasting cherry cabinets and Corian counter tops. Enjoy the living room year-round with a fireplace for the winter and access to the balcony in the summer. A family room and full bath on the first floor make … (4 comments)
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dearborn park: Huge End Unit South Loop Townhome
- 05/12/17 12:56 PM
View current inventory of 4+ bedroom homes for sale in the Near South Side.
Listing Details
Huge End Unit Townhome
47 W 15th B, Chicago IL 60605
Original List Price: $949,000
MLS number: 09622933
Bedrooms: 4
Bathrooms: 3.1
Call Terri Buseman at 312-208-5166 to see if this property is still available and arrange a showing.
Spacious, Sunlit, End Unit Townhome
Situated on the end of the block this huge townhome stays bright with exposure from the east, west, and north. Located between a private courtyard and one of the most remote stretches of Dearborn Street this home offers a quiet setting, steps from downtown and with views of the skyline! With three spacious floors for living there … (8 comments)
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dearborn park: Bright South Facing Townhome in Dearborn Park
- 05/11/17 11:20 AM
View current inventory of 2+ bedroom condos and townhomes for sale in the Near South Side.
Listing Details
Spacious Dearborn Park Townhome
1315 S Plymouth Ct B, Chicago IL 60605
Original List Price: $475,000
MLS number: 09621524
Bedrooms: 2
Bathrooms: 1.1
Call Terri Buseman at 312-208-5166 to see if this property is still available and arrange a showing.
Bright South Facing Townhome
Enjoy the warmth of the sun year round in this southern facing townhome with giant windows. A garage plus parking pad gives you space for two cars. Enter into the family room on the first level, complete with new hardwood flooring and overlooking the private terrace. The second level is the main … (7 comments)
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dearborn park: Competition Increasing for South Loop Sellers: Neighborhood Update
- 04/26/17 02:27 PM
Begin your South Loop home search here.
South Loop
Housing Type: Condo
Buyers and sellers are hitting the spring market hard. There have been quite a few listings that came to the market since last month, but it's hardly enough to keep up with demand. About 45% of the condos that closed sold in a month or less and the overall average market time is only 61 days! Overall it's still a seller's market, but sellers have some competition too. It is very important in this market to price your home for maximum visibility. Bidding wars continue to be a common occurrence so even if you … (0 comments)
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dearborn park: Dearborn Park in High Demand: Neighborhood Update
- 04/21/17 10:25 AM
Start your Dearborn Park & Dearborn Mews home search here.
Dearborn Park & Dearborn Mews
Housing Type: Condo
The only activity in the $400k+ price ranges was with one condo. It was originally listed in September, but was temporarily removed from the market during our last report and now it has expired. We don't know why it expired or didn't sell, but there are two things we can see in the listing sheet that would have made it harder for the sellers to reach all potential buyers. The first is a restriction, no showings after 5:00 p.m. Restrictions like this come up from time to time, but sellers … (0 comments)
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dearborn park: Dazzling Light Filled Townhome
- 04/06/17 07:42 PM
View current inventory of 2+ bedroom condos and townhomes for sale in the Near South Side.
Listing Details
Dearborn Park Corner Unit Townhome
1315 S Plymouth Ct A, Chicago IL 60605
Original List Price: $499,000
MLS number: 09585176
Bedrooms: 2
Bathrooms: 2
Call Terri Buseman at 312-208-5166 to see if this property is still available and arrange a showing.
Dazzling Light Filled Townhome
Upon entering this home the bright sunlight follows you in and around. Your own gated patio in front is perfect for enjoying a summer evening with the grill or growing a small urban garden. With both western and southern exposures, sun pours through the giant arched … (10 comments)
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dearborn park: Dearborn Park Home Under Contract in 3 Days: Neighborhood Update
- 03/13/17 12:00 PM
Start your Dearborn Park & Dearborn Mews home search here.
Dearborn Park & Dearborn Mews
Housing Type: Condo
No homes have sold in Dearborn Park over the past month. In fact, only one condo has come to the market in these price ranges. It is a 2b/2ba penthouse that has been on the market for 22 days. With floor to ceiling windows, two terraces, and skyline views, this one may not last long.
Price Range: $400,000-$800,000
Dearborn Park & Dearborn Mews
Housing Type: Townhome
Two townhomes have gone under contract. One has a listing time of 165 days, but the other has only been on the market for 6 days and was … (0 comments)
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dearborn park: Price Your South Loop Home To Sell: Neighborhood Update
- 02/10/17 10:40 AM
Begin your South Loop home search here.
South Loop
Housing Type: Condo
More homes went under contract and sold than came to the market in nearly every price range since last month. We need this pattern to continue so inventory levels can rise and the South Loop can reach a balanced market. The neighborhood is still in a seller's market and parts of it could remain there for another year. The spring market starts in just two months and that is when most homes come to the market, so in a few months we will likely see the year's height of inventory for this market. … (0 comments)
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dearborn park: Townhomes Leading Activity in Dearborn Park: Neighborhood Update
- 02/07/17 11:58 AM
Start your Dearborn Park & Dearborn Mews home search here.
Dearborn Park & Dearborn Mews
The only activity that occurred over the past month in the $400k+ price ranges was in townhomes. Two lower priced condos sold with a median sales price of $190,000 and an average market time of 19 days. Townhomes continue to mover quickly. One sold in only two days! The average market time for condo sales was 129 days, which shows that even when some homes are selling in less than a week a short market time is never guaranteed. Sellers still need to market their home carefully and price it … (2 comments)
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Start your Dearborn Park & Dearborn Mews home search here.
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