Archive for the 'Gold Coast' Category

Market Conditions: No Second Tower at Walton on the Park in the Gold Coast: 2 W. Delaware

Crain’s is reporting that there will be no second tower built at Walton on the Park, the new high rise development at 2 W. Delaware, in the Gold Coast.

You’ll recall, in mid-August, we chattered about the flips popping up in this building. See our prior chatter here.
In a sign that the new-condo market is expected […]

Think the $800K 1-Bedroom Won’t Sell? Think Again: 10 E. Delaware in the Gold Coast

We first chattered about this 1015 square foot 1 bedroom unit at the new construction luxury highrise 10 E. Delaware in the Gold Coast when it first came on the market as a flip in February 2010.

See February 2010 chatter here.
Back then, we were chattering about it being an $850k 1-bedroom. Now it is a $799k […]

Flipper Alert: First Flips Appearing in 2 W. Delaware in the Gold Coast

This 2-bedroom unit in the new construction high rise Walton the Park, at 2 W. Delaware, in the Gold Coast recently came on the market just 3 days after its previous closing.

It is a larger corner 2-bedroom unit with a 7×7 den and floor to ceiling windows.
The kitchen has stainless steel Viking appliances and granite […]

$85K Under the 2007 Purchase Price for This 1-Bedroom: 201 E. Chestnut in the Gold Coast

This large 1-bedroom unit at 201 E. Chestnut in the Gold Coast was recently reduced.
It is a short sale and is now listed for $85,000 under the 2007 purchase price.
The kitchen has stainless steel appliances, granite counter tops and a breakfast bar.
There is central air and a hook-up for an in-unit washer/dryer.
The unit also has parquet […]

Modern Interior Behind a Classic Vintage Facade: 1224 N. Dearborn in the Gold Coast

This 2-bedroom unit at 1224 N. Dearborn is in a classic vintage building in the Gold Coast but the interior has been rehabbed into a modern space.

The listing says it is architect designed.
The kitchen design in unique with a massive island with Italian marble counter tops and the rest of the stainless steel appliances and cabinets hidden behind […]

A Lost Decade for Housing? Back to the 1990s for this Bank Owned 1-Bedroom: 1221 N. Dearborn

We chattered about this 1-bedroom duplex unit at 1221 N. Dearborn in the Gold Coast in February 2010.

See our prior chatter here.
It was bank owned and the price had already been reduced several times.
Yet it sat on the market.
It finally recently closed for just $11,900 above the 1998 purchase price.
The building is popular with renters because […]

A Private Rooftop Oasis in the Middle of the Gold Coast: 34 E. Elm

This top floor 2-bedroom vintage unit at 34 E. Elm in the Gold Coast may not appear to be anything special from the street, but behind the building lurks a new rooftop terrace with views of the surrounding buildings and trees.

The listing says the deck is private to the unit.
There is also a new deeded parking space […]

The Hottest Building in the Gold Coast? 30 W. Oak

30 W. Oak, the modern tower in the Gold Coast, was not the tallest or the most luxurious new building to be built during the boom.

But 4 years later, the building continues to be a standout in the Rush Street corridor.
Built by Smithfield in 2006, the 46-unit boutique building has 22 floors (that construction in front of […]

3 Bedrooms With a Lakeview in the Gold Coast for Under $330K: 1000 N. Lake Shore Drive

The listing for this 3-bedroom unit at 1000 N. Lake Shore Drive in the Gold Coast says that there are lakeviews from the bedrooms.
It also says the condo is “priced to move.”
One the market for a year, it has been reduced $69,100 since April 2010.
There are hardwood floors in the main living areas.
The kitchen has […]

Modern Gold Coast 1-Bedroom Reduced by $13,000: 70 W. Burton

We last chattered about this renovated 1-bedroom condo at 70 W. Burton in the Gold Coast in January 2010.

See our prior chatter and pictures here.
It has since been reduced by $13,000 but it still remains the most expensive unit available in the building.
It has bamboo floors in the main living area.
The kitchen has modern, European […]