Think you’re priced out of prestige buildings these days? Maybe you’re not. After several years of marketing, the Palmolive at 159 E. Walton is still trying to sell some of its remaining developers units. This is the building, you may recall, where Vince Vaughn purchased the penthouse unit. The developer seems in no hurry […]
American Invsco has been trying to sell the remaining deeded parking spots in its 33 W. Ontario building for months now. From Craigslist: We have 8 deeded parking spots available at Millennium Centre at 33 W. Ontario. Prices range from 25k-29k each. Assessments are $53-$61 each month depending on the space. Parking is available in […]
The 18 unit conversion of a brick and timber building at 154 W Hubbard is 50% sold with the more expensive units still remaining. Part of the problem with this building is the price. You have 2 bedroom, 2 bath units for $649,000 but the square footage is just average. You can buy a duplex penthouse […]
There’s something about the look and feel of the units at 50 W. Schiller. They cannot be replicated into today’s new construction. The building was built in 1922. Yes, the building has “issues.” It is a co-op and has very high assessments. There is no parking (have to lease next door.) Some units don’t […]
River City, the American Invsco conversion at 800 S. Wells, has struggled in the last few years. But this latest foreclosure, listed on Craigslist, is one that’s sure to raise some eyebrows. It is a 2 bedroom, 2.5 bath 1500 square foot duplex. Original sale price on March 8, 2006 for $543,000 Now listed for $268,800 […]
Closings began a few weeks ago on 340 on the Park, one of the world’s tallest residential buildings. Flips have already begun. Two of note: Unit 307, a 1 bedroom, 1.5 bath approximately 1,100 square feet. Original sale price of $415,000 New list price: $625,000 plus $50,000 for parking I don’t know if the […]
We are now starting to see the stresses of the slowing housing market in trendier neighborhoods of Chicago. I couldn’t resist commenting on this loft on Craigslist that is in pre-foreclosure in the West Loop if only because of the name of the building: Heartbreak Lofts. 17 N. Loomis #2K, 2 bedroom/2 bath, 1700 square feet, original […]
Welcome to a new site devoted to Chicago area real estate. If you’re like me, you’ve found this site because there really isn’t a good website on Chicago’s housing scene discussing what is really going on with the new construction buildings, the re-sale market, and the McMansions that are for sale. Are prices still going […]