Archive for the 'The Columbian' Category

Selling One Year Later in The Columbian: 1160 S. Michigan in the South Loop

We’ve chattered about The Columbian, at 1160 S. Michigan, many times over the last few years.
The building has not sold out even though closings began in 2007.
Recently, there were price cuts on some of the remaining units.
This 2-bedroom on the 27th floor, Unit #2702, is the cheapest 2 bedroom currently on the market in the building […]

Developer Reducing Some Prices in The Columbian: 1160 S. Michigan

There are still plenty of units to choose from in The Columbian, the 2007 new construction high rise at 1160 S. Michigan in the South Loop that sits at the corner of  Grant Park and Roosevelt Road.
Current stats on the building (out of 220 units):

64 for sale
7 for rent

Remember, some units may both be for rent […]

Following the Market Down in The Columbian: 1160 S. Michigan

We’ve chattered about this million dollar flip in The Columbian, at 1160 S. Michigan in the South Loop, a couple of times.

The price simply seems to be following the market lower.
It’s now been reduced by $455,000 since December 2007.
Here’s the listing again:
Spec Pnths at The Columbian. Excptnl flr pln w/ 9′6′ ceiling, ovr 3400 sq ft […]

Short Sale Back on the Market in The Columbian: 1160 S. Michigan

There have been several short sales in The Columbian, the 2007-construction South Loop high rise at 1160 S. Michigan.

The building continues to struggle.
Current stats out of 220 units:

57 for sale
7 for rent

Some units can be both for sale AND for rent.
We chattered about Unit #2502 back in May 2008 when it first came on the […]

Flipper Alert: Best Flip Yet in the Columbian

The Columbian, at 1160 S. Michigan, which started closings several months ago, has seen dozens of attempted flips.  I’ve talked about a few in prior posts.  “Attempted” is the key word here because from what I can tell, nothing has re-sold in the building.

I don’t think they’ve finished closings in the building so more will […]

Flipper Alert: The Columbian

Closings have begun at The Columbian, 1160 s. Michigan, the building that anchors the end of the row of highrises flanking the west side of Grant Park at Michigan and Roosevelt Road.
The building had a lower price point than some of the other new construction going up near Grant Park so the flippers are out […]