In the last few decades, the South Loop used to be known as the “cheaper” part of downtown. But not anymore. One Museum Park, with its million dollar condos with lake and Grant Park views, is only one element that is changing the perception of the area for those looking for “luxury” living. There are expensive townhomes and condos […]
A “penthouse” in The Sterling at 345 N. LaSalle has come on the market after foreclosure. It didn’t sell at auction and is now bank-owned. Unit 4701: 3 bedroom, 3 bath, 1900 square feet An ad on Craigslist says it sold in September 2005 for $895,000 It also sold in February 2005 for $719,500 Currently listed […]
Michigan Avenue Tower II at 1400 S. Michigan in the South Loop was one of the buildings I inadvertently left off of the “list” of condo buildings that will be closing in 2008. It’s not scheduled to close until Fall 2008, but already some anxious flippers are trying to sell. This flipper posted on Craigslist under […]
The highly anticipated opening of Trump Tower Chicago will finally happen in 2008. The hotel is scheduled to open this spring (if they can get finally figure out those recent permit problems.) The hotel/condos are also expected to close starting this spring. The condos in the top of the Tower aren’t scheduled to close until 2009. Excitement […]
“Me” pointed out in the last post on The Sterling that Unit #1902 is for sale on eBay. Auction for Unit #1902 [eBay] Unit #1902: 1 bedroom, 1 bath, 725 square feet Listing says “appraised value” is $295,000 Last sold in February 2002 for $253,000 Current “bid” is $140,000 Auction ends on January 6, 2008 The […]
Having just talked about 50 East Chestnut and how that building was reminiscent of the large luxury apartments constructed in the 1920s, there was actually another building that led the way in full-floor condo construction. Built in 1984, 1418 N. Lake Shore Drive was the first condo building to be built since the 1920s with full-floor residences […]