6 E Monroe, the Mentor Building, in the Loop was an office to residential conversion that sold in 2002. There are only 36 units in the building. Many of the units are smaller one bedroom units that originally sold for around $130,000 to $150,000. There are washer/dryers in the units but no parking. The South facing […]
Thanks to the tipster who pointed me towards the real estate investment firm Exclusive Equity Partners LLC, which is promoting Trump Tower Chicago units on its website at “below developer’s prices.” Exclusive Equity Partners appears to be a real estate investment company. From their website: EEP Exclusive Equity Partners, LLC is a leading real estate wholesale […]
Thanks to Pat for asking about 451 W. Huron in River North. It is a new construction building with 135 units. Their website says they are 95% sold. Closings started in September. It appears that only about half of the building has actually closed. I’ve found 19 units for sale, which includes some of the unsold developers units. […]
Sometimes, you don’t want to buy, you just want to rent. And why not rent a historic single family home in the Old Town historic triangle where you get your own caretaker, full-time housekeeper and complete nanny quarters? What is a caretaker, anyway? From Dictionary.com: A person who is in charge of the maintenance of a […]
I was driving through Pilsen the other day on 18th Street and happened by two big empty lots with signs on them for Centro 18. Remember this development? They had ads in the paper about six to eight months ago. The property is on 18th Street about a block west of Halsted in the “Pilsen Arts District.” […]
There are a lot of stressed out homeowners in Chicago who are struggling to make their mortgage payment. As I’ve said before, the highest number of the foreclosures have been on the South Side. A report out by the National Training and Information Center confirms this. Crain’s reports that the Englewood neighborhood on the South Side is […]
Built in 1925, the 47 unit Benjamin Marshall building at 1200 N. Lake Shore Drive in the Gold Coast exudes old money. It is actually a condominium building, not a co-op, which is unusual for a building of that period. It went condo in 1972. A two bedroom, three bath unit on the 4th floor recently […]
Gosh, condo-hotels are suddenly hot with the media. Crain’s is reporting financing troubles with the Mandarin Oriental, the condo-hotel and condo building at South Water and Stetson near Millennium Park. It hasn’t broke ground yet and groundbreaking keeps getting pushed off. In Sunday’s Chicago Tribune article about condo-hotels, the Mandarin refused to say what […]
After looking at the website for the Raffaello Hotel Condos, at 201 E. Delaware, it makes me want to book a room there. Great lobby. And it seems affordable, especially for that nice Streeterville/Gold Coast location. The website touts web specials as low as $139 a night. As we talked about in the other post about Trump’s condo-hotels, the […]