Archive for the '600 N. Fairbanks' Category

Has a Once Hot Building Cooled Off? 600 N. Fairbanks in Streeterville

We chattered about this higher floor 2-bedroom unit at the modern high rise at 600 N. Fairbanks in Streeterville back in March 2009.

See our March 2009 chatter here.
At the time, the unit was looking to be sold for the THIRD time in just the prior 2 years. 

The original owner bought it in December 2007.
The original owner flipped it […]

Best Rental Deal of 2009? NOT! 600 N. Fairbanks in Streeterville

As many of you know, I rarely post about rentals but occasionally I see units that are just so juicy, they must be commented on for those of you who are still, as some commenters put it, “living in your parents basement.”
This 2-bedroom unit, Unit #1605, at 600 N. Fairbanks, the famed Helmut Jahn building in Streeterville, […]

No Appreciation in 600 N. Fairbanks in Streeterville?

We’ve chattered about 600 N. Fairbanks, the Helmut Jahn-designed highrise in Streeterville, numerous times in the past.

We finally have some closings in 2009 that provide a better idea of what is going on in the building.
Has one of the hottest buildings in Chicago fallen back to earth?
We chattered about Unit #1505, a 2-bedroom north facing […]

Developer and Other Sellers Reduce in Streeterville’s 600 N. Fairbanks

We’ve chattered about Helmut Jahn’s 600 N. Fairbanks in Streeterville a half dozen times.
The building has seen some sales in 2009 with other units currently under contract.

However, as someone posted about in the comments recently, the developer has recently reduced prices on the remaining few units still available. Most of the reductions look to be […]

Some Buildings are Hot: The Double Flip at 600 N. Fairbanks in Streeterville

We return to chatter, once again, about 600 N. Fairbanks in Streeterville.

A 2-bedroom unit has come on the market that has previously sold not just once, but twice since 2007, and is now on the market for the third time.
The original owner was fortunate enough to flip the unit in early 2008 and made a profit.
Since the […]

It All Depends on When You Bought: 600 N. Fairbanks in Streeterville

There has been a lot of recent chatter about 600 N. Fairbanks.

The Helmut Jahn designed building in Streeterville continues to see active traffic with some flippers able to sell for a profit since the building first started closings in November 2007.
See our chatter on a prior post and info about recent sales in the comments here.
But making a profit, in […]

Flipper Alert: Losing Money in 600 N. Fairbanks in Streeterville

Flippers continue to close on units thinking they can make a profit flipping them. Some have been lucky- especially in “prestige” buildings such as 340 On the Park.

This seller of a 3-bedroom in 600 N. Fairbanks isn’t one of the lucky ones. We’ve seen some 1 and 2-bedroom units flip successfully in the building. But […]

Do Pools Matter? 600 N. Fairbanks in Streeterville

 
There’s been some chatter of the “amenities floor” at Helmut Jahn’s 600 N. Fairbanks in Streeterville because it finally opened  (despite closings on units beginning last November.)
The amenities floor is on the top floor and has an expansive deck, an exercise room and an indoor pool.
As someone pointed out, the exercise room is extremely small.  A tipster wrote me that […]

Flipper Alert: Unit #1301 Still Fascinates: 600 N. Fairbanks

We have chattered extensively about Unit #1301 in 600 N. Fairbanks in Streeterville.

The 3-bedroom unit was on the market for months, had numerous price reductions, went under contract and finally sold.
It has set a new comp for the 01-tier units in the building.
Or has it?
Mysteriously, it is back on the market again. Priced over $90,000 […]

Update on 600 N. Fairbanks: Unit #1301 Under Contract

We’ve chattered a lot about Unit #1301 in 600 N. Fairbanks. It is the lowest level three bedroom, two bath.

It has finally gone under contract after six months on the market and numerous price reductions.

Here is the history:
Unit #1301: 3 bedrooms, 2.5 baths, 1746 square feet

Sold in November 2007 for $805,000
Originally listed in January 2008 […]