Archive for July, 2016

Are They Overbuilding New Luxury Condos in Chicago? 808 N. Wells in River North

Listings for the new luxury high rise being marketed as the “Code of Luxury” at 808 N. Wells in the Gold Coast just came on the market. I consider this Gold Coast as it is north of Chicago Avenue. The building is from Smithfield, the developer of 30 W. Oak, the highly successful modern boutique high rise […]

Has the Luxury Market Cooled? A 4-Bedroom in the Playboy Mansion at 1340 N. State Parkway

This 4-bedroom half-floor unit in the Playboy Mansion at 1340 N. State Parkway in the Gold Coast came on the market in early November 2015. It was publicized all over the media because units rarely come on the market in this famed mansion. According to Wikipedia, the 70-room French brick and limestone mansion was built in […]

Is the West Loop Now the Hottest Neighborhood for Price Gains? A 2-Bedroom at 203 S. Sangamon

This 2-bedroom duplex in the Beacon Lofts at 203 S. Sangamon in the West Loop came on the market in May 2016. This loft has 18 foot ceilings and faces south. While it has the tall ceilings and exposed duct work,  it doesn’t have exposed brick, beams or other factory type features. But it does have […]

Unique Condos Do Exist in the West Loop: A 2-Bedroom at 1016 W. Madison

This 2-bedroom at 1016 W. Madison in the West Loop came on the market in May 2016. This 8-unit elevator building with just 2 units per floor was converted into condominiums in 1998 but it’s not a loft. It’s one of the rare, older boutique buildings in this neighborhood. This unit has 14-foot ceilings and, […]

A 1-Bedroom Brick and Timber Printers Row Loft With Rare Garage Parking: 732 S. Financial

This 1-bedroom in the Printers Row Lofts at 732 S. Financial in the Printers Row neighborhood of the South Loop came on the market in July 2016. Built in 1906, the building was among the first converted to loft apartments in this neighborhood. It was converted in 1996. But all of those original apartment buildings were then […]

Chicago Market Conditions: June Sales Remain Hottest Since 2006

The Illinois Association of Realtors is out with the June and half year numbers: The city of Chicago saw a 0.2 percent year-over-year home sales increase in June 2016 with 3,210 sales, up from 3,202 in June 2015. The median price of a home in the city of Chicago in June 2016 was $300,000, up […]

Get a “Secret Garden” With Your Townhouse in the South Loop: 1254 S. Federal

This 2-bedroom townhouse in Dearborn Park II at 1254 S. Federal in the South Loop came on the market in early July 2016. This complex was built in 1990 and because of its age, comes complete with large trees and lush greenery. In fact, if you didn’t know better, you might not believe you were […]

Looking for an Organic Vegetable Garden? A 2-Bedroom in the South Loop: 1322 S. Wabash

This 2-bedroom in the Filmworks Lofts at 1322 S. Wabash in the South Loop just came on the market. If it seems familiar to some of you, that’s because this “ONCE IN A LIFETIME LIVE/WORK OPPORTUNITY” was last on the market just 20 months, in 2014. It’s on the first floor of this building but […]

Can the West Loop Get Any Hotter? A 2/2 Renovated Loft at 1000 W. Washington

This 2-bedroom loft at 1000 W. Washington in the West Loop just came on the market. It’s in the middle of one of the hottest neighborhoods in the city with new restaurants and hotels opening up just a block away on Randolph Street and just a short stroll from Fulton Market. The loft has exposed […]

A 53% Gain in Just 29 Months for this Millennium Park Penthouse? 6 N. Michigan

This 4-bedroom penthouse in the Park Millennium Condos at 6 N. Michigan across the street from Millennium Park just came on the market. If it looks familiar it’s because we’ve chattered about it numerous times, most recently in 2014. You can see that chatter here. If you recall, it was, at one time, raw space […]