There is a lot of new construction in Printers Row right now with The Vetro, Burnham Pointe, Library Towers and Printers Corner all starting occupancy now and in 2008. There is something to be said for buying “new” with all the bells and whistles. But you can live next door to some of these buildings, say, […]
With all of the high rises being built in the South Loop, maybe there is room for a smaller conversion project. Not everyone wants to live in a huge high rise. Currently, small buildings are being converted further south in Motor Row at 2200 S. Michigan. This latest project at 1340 S. Michigan is a much […]
The #1 high rise building for foreclosures in Chicago continues to live up to its name. Foreclosures and attempted short sales are just crushing condo values in the The Sterling at 345 N. LaSalle. Case in point: I currently count seven “01” tier 2 bedroom, 2 baths on the market. These are 1160 square feet and are on […]
Something is going on at 30 W. Erie, the new mid-rise building at the corner of Erie and Dearborn in River North. The building only has 20 units (with only two per floor) and has been marketed for several years. Prices started around $1.2 million for 2200 square feet. The building was completed earlier this […]
Crain’s is reporting that Walton on the Park, the two tower high rise project near the Scottish Cathedral in the Gold Coast (is that really the gold coast there or River North?) just received its first construction loans so building will commence on the project’s South Tower. Enterprise Cos. and Mesirow Financial Real Estate, both of […]
Finally there is some re-sale data at 340 on the Park at 340 E. Randolph overlooking Millennium Park. The building started closings in July but the building is huge so closings are continuing. The current state of the building (out of 344 units): 29 units for sale At least 25 units for rent (maybe more, as it’s hard […]
The number of foreclosure filings against developers are piling up. So far, it has been the smaller developers that are in distress. We haven’t yet had a filing against one of the big highrises. Crain’s reports that the latest is a foreclosure filing on 417 S. Dearborn, an 1889 historic building just north of Printers […]
Helmut Jahn’s 600 N. Fairbanks in Streeterville is proving to be a hot topic among those interested in Chicago’s downtown real estate market. Back by popular demand- here is what is happening in the building: 14 units are for sale At least 7 units are for rent Two units are currently under contract. One has […]
I’ve seen this designation several times now in real estate listings. The neighborhood is dubbed “SoLo”. Do you know where it is? I had to think about it for a minute. Apparently, that is the new real estate moniker for “south loop.” Clever, huh? SoLo…South Loop. This Keller Williams agent is using it for a loft at 1516 […]