A NOT SO GLAMOROUS LOOK AT THE UNDERBELLY OF CHICAGO'S HOUSING MARKET


All photos taken live from Chicago properties & environs

Showing posts with label landlord. Show all posts
Showing posts with label landlord. Show all posts

Friday, April 27, 2018

Tenants Help Seller Find the Right Buyer

The low rent paying tenants of this Logan Square three flat promised the out of state owner of their building that they'd be happy to assist with fixing up the basement and making sure prospective buyers had full access to the property. The seller's realtor has also been happy with this arrangement which has allowed him to charge a full commission while never having to actually go to the property. After sixty-seven weeks on the market, neither seller nor agent can figure out why their once 'hot' property is not selling.
LOGAN SQUARE

Wednesday, November 23, 2016

Tenants Attempt to Scare Future Buyers

In an effort to undermine their elderly landlord's attempt to sell his only worthwhile asset, and hopefully preserve their very below market rent, the tenants of this renovated Lakeview 6 flat posted a distinct warning to give prospective buyers doubts on their potential purchase. As of press time, there is still no confirmation that the tenants were subsidizing the homeless gentleman that was sleeping on their front stoop.
Lakeview

Friday, October 14, 2016

Lincoln Park - The Other Side

Lincoln Park is known in Chicago for it's well preserved and not inexpensive buildings consistently drawing the highest square foot home pricing in the city. However, if one looks closely between the multi-million dollar renovations and urban mansions, the sight of slightly decaying hundred year old frame buildings cast an odd wrinkle to the neighboring wealth. And much to a Lincoln Parker's dismay, the old miserly landlord won't sell. And his tenants prefer Bud Light to bathing much to the consternation of nouveau Logan Square residents who, despite their boastful pride of not being 'from' Lincoln Park, only differ in their eagerness to spend a disproportionate amount of their lower incomes on micro-brewed beers, who themselves, are hoping Bud Light will finally decide to buy them out so they can retire to Lincoln Park.
Lincoln Park

Wednesday, February 3, 2016

Landlord Really Wants to Rent

When asked why he wouldn't lower the rent on his Andersonville storefront to allow a start-up business a short term lease rather than keep the space vacant for months, the seasoned owner replied, "I'd rather take the losses on my taxes." When asked further if he felt his empty storefront was a blight on the neighborhood, he responded bluntly, "f*#k blight", before continuing, "It's my building not the neighborhood's."
Andersonville

Wednesday, November 27, 2013

Thanksgiving Trix Tossed in Toilet

Two days before Black Friday and a day before that other holiday, a bowl of Trix cereal has found its way into the Glacier Bay Commode located on the second floor of this Edgewater two flat. The aggrieved party has threatened to eat those soggy little balls for Thanksgiving dinner, in front of Uncle Karl and everyone. The seller of the building, otherwise known as "cruel cruel mommy", has yet to respond.
Edgewater

Wednesday, November 13, 2013

Landlord Solves Triplets' Breastfeeding Issues

The tenant of this Humboldt Park four flat was having difficulty holding down a job while also striving to breastfeed her triplet girls until the landlord presented her with another one of his crazy Eddy solutions, this one guaranteed to feed "the whole litter at once." Shortly after the appearance of 'miracle mommy in the sky', more limb shaped protrusions began to descend throughout the building until crazy Eddy realized he couldn't feed the whole place, and decided to sell.
Humboldt Park

Tuesday, March 12, 2013

Sinkwashers Boosting Lincoln Park Prices


In an effort to increase rent, and not turn off would-be renters in one of Chicago's toniest neighborhoods, the owner of this Lincoln Park three flat has transformed his sink cabinet with a used dishwasher panel. When asked about potential tenants feeling deceived by his non-functioning dishwasher, the three flat owner tersely remarked, "I not do such thing. You not know nothing the dishwash! I am leave open drain pipe. Renter only putting dish in dishwash, then open water, and he wash dish, then take dish from dishwash CLEAN. This is dishwasher, yes? Yes, this is dishwash."
LINCOLN PARK

Tuesday, March 5, 2013

Bank Steals Tenant's Stolen Stove


The former owner of this Pilsen brick two flat, affectionately know as "the landlord", had purchased a used stove from a nearby shop specializing in used stoves that purchases their stoves from gentlemen who arrive at their store early in the morning accompanied by a shopping cart and a refreshing beverage.

When the previous owner of the building was unable to pay his mortgage due to the over borrowing of additional money against his property, his tenant, allegedly an artist, decided that she would be the caretaker of the stove, even going so far as to claim it as her very own. Now, the bank, who will not give the artist a loan, but was more than willing to loan to the previous owner, has taken ownership of the stove. As of this writing, there were gentleman, transported by a simple four wheeled vehicle, enjoying a cloaked beverage while inspecting the property.
Pilsen

Monday, September 10, 2012

Owner Decides to Leave Electric Chair


The retiring owner of this Humboldt Park multi-family building has decided to bequeath his infamous electric chair to the new owners of his much beloved near Northwest side compound. When asked why he didn't want to take his electric chair with him, the owner quickly replied, "Me. No need this chair. People here sometime make problem for me. No want pay rent. I say, ok. You no pay, you come with me basement. I put them chair. They are cry like baby. One minute later they are pay me. Cash. They always have so much cash. Good building. You will like."
Humboldt Park (WEST BUCKTOWN!)