Crib Chatter

I don’t know how many units have actually now closed at 340 on the Park.  But it seems to be not even half of the building.  There are 67 floors and units on the 40th floors are scheduled to close in December.  Units on the 28th floor are currently on the MLS however. So with maybe 30 floors […]

      Over a year ago, a developer was selling condo units in the Crilly Court complex, a historic group of buildings in Old Town that had been apartments for decades.  The buildings, totaling 90 units on Wells, Eugenie, St. Paul and Crilly Court, were gutted and the piping and windows replaced.  Every unit had […]

As you know, I’m a big fan of neat terraces in condo buildings. But what about the private rooftop terrace that is just stuck on top of a loft building? Or the huge 1000 square foot slab of concrete that is common above the parking garage on most new buildings (allowing the units on that […]

The original loft conversions were just open spaces with high ceilings and great light. That is because lofts were first occupied in most cities by artists who benefited from the light and the open space. It was only later that walls were added into the mix, destroying the natural spacious feel of most lofts. But […]

In honor of the Printer’s Row Loft Walk this weekend, I thought we’d see what you can buy in the great industrial buildings in the neighborhood. Who knows, maybe you’ll see some of these lofts on the tour? The first conversion in the neighborhood was in the Donohue Building at 711 S. Dearborn. The units […]

Have you always wondered what is behind the curtains at those cool industrial lofts in Printers Row? This weekend is your chance to find out as the South Loop Neighbors host the 10th Annual Printers Row Loft Walk on Sunday, October 21 from 12:00 to 5:00 pm. Tickets are available in advance for $20 at […]

Everything in this market right now seems to be about new, new, new. Re-sale units are languishing- even the nicer ones. Lofts used to be the “in” condo to buy in River North but the shift has been made to the high rise. Maybe it’s time to reconsider the loft. You can get a two […]

It seems that the new price point for luxury larger one bedrooms in Streeterville is now around $600,000. Can this price point be sustained in Chicago? Case in point is a recent new listing at Fairbanks at Cityfront Plaza at 240 E. Illinois which is just starting closings on the tower portion of the building. […]

Pearson on the Park, the recent apartment building conversion at 222 E Pearson was a very successful conversion on a quiet and sought after street in Streeterville/Gold Coast near Northwestern University’s Law School. The developer is still trying to sell a handful of 2 bedroom, 1 bath units, but otherwise most of the building is […]

With closings coming up in the next few weeks on the lower floors at 600 N. Fairbanks, investors are trying to get a leg up on flipping their units in the building over other investors. Right now, there are about 10 flips on the market with some of them on the MLS and some of […]