Chitownproperty

West Loop two bedroom timber loft

Price: $375,000 + 20K parking
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Huge 1850 square foot southeast corner loft with fantastic city views! This 2 bedroom plus den, 1.5 bath home is loaded with loft character. With expansive rooms, high timber ceilings, big windows and exposed brick walls, it’s an impressive place for entertaining. The updated kitchen with new stainless appliances overlooks the living/dining space. The furnace and central air are also brand new. Custom paint, woodburning fireplace, in-unit laundry and tons of storage complete this fabulous home. Located in the West Loop steps from all the fun, Greek Town, the “Loop”, the el stop and the expressway. Parking is available for $20K.

One bedroom, one bath Lakeview condo

Price: $239,900 + 32K parking
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Gorgeous 1 bed/ 1 bath large condo in the heart of Lakeview, just steps from the lake, public transportation and great restaurants and shops.  Newly rehabbed with the finest finishes: hardwood floors, 42” cherry cabinets, granite counter, breakfast bar, marble bath and up-graded carpet.  Very spacious north facing floor plan.  Building has a rooftop deck, outdoor pool, exercise facility, extra storage and additional laundry room.  W/D hook-up is present in the home.   Shows like a model and is priced to move.

A $7,500 nudge for first-time homebuyers — chicagotribune.com

As part of the sweeping housing bill passed by Congress last week, first-time home buyers will get a tax credit of $7,500 if they make their purchase from April 9, 2008 through June 30, 2009. Only first-time buyers or those who have been renting for the past three years are eligible, and the home must be a primary residence. The credit is adjusted for those at higher income levels as well, but it provides a nice little incentive for those looking to test the waters on a new home within the next year.