Archive for April, 2008

Flipper Alert: Flippers Waiting to Sell in 550 N. St. Clair

550 N. St. Clair in Streeterville is a small, boutique building near the Mag Mile that was built with the modern aesthetic of open spaces and concrete ceilings. Closings began in early February 2008. The current status on the building: Total number of units: 112 Total units for sale: 21 Total units for rent: at […]

We Love Authentic Lofts: 720 S. Dearborn in Printers Row

Could you live without any walls? This is the second loft in 720 S. Dearborn in Printers Row in the last six months that has no “real” walls. The first, Unit #703, I chattered about last October. Unit #703: 2 bedrooms, 1.5 baths, 1700 square feet Was listed in October 2007 for $475,000 Assessments of $841 a month […]

Flipper Alert: What’s Selling at Avenue East at 160 E. Illinois

Deaconblue asked: “My question- are ANY new construction buildings that are finishing up selling right now?” It’s been a little while since I provided an update on what is going on in the recently closed highrises. Avenue East at 160 E. Illinois in Streeterville started closings in Summer 2007. The current status of the building: Total […]

Selling for a Loss at 600 N. Kingsbury

I last chattered about Park Place at 600 N. Kingsbury in River North in January. At the time, two sellers were aggressively marketing their two bedroom units including one that said “bring all offers.” One sold. The other is still on the market. It has been reduced again. Unit #1410: 2 bedroom,  2 bath, 1200 square […]

Lincoln Park Townhouse for Under $500,000: 648 W. Willow

What does it take to get a townhouse with a second bathroom in Lincoln Park? A little more cash. No longer are you under $400,000. You have to go up to the $400,000-$500,000 price range. Some of the older townhouses offer more room and interesting layouts such as this one at 648 W. Willow. It […]

Foreclosures, Short Sales and Reductions Increasing in 1645 W. Ogden

I chattered about The Paramount Lofts at 1645 W. Ogden in the West Loop in December 2007.  It was built in 2005/2006. Some sellers were under stress then and several continue to be. Many of the units have seen large price reductions. Here’s one in short-sale: GOT VIEW? AMAZING CHICAGO SKYLINE FROM FLOOR-2-CEILING WINDOWS LOOKING DIRECTLY […]

A Condo Alternative: One Bedroom Townhouses in Dearborn Park II

You might think that all townhouses have to be two bedrooms or more. But in Dearborn Park II in the South Loop, built in 1993, some of the townhomes were built with only one bedroom. These have their own single garages. Some of the bigger two bedroom units have two car garages. Some have decks on […]

Vintage Beauty in Lincoln Park: 2523 N. Burling

I just can’t help it.  I’m a sucker for inlaid wood floors and stained glass. None of the new construction comes close to matching the older graystones. 2523 N. Burling in Lincoln Park was built in 1896. Most of the original features still remain, including the woodburning fireplace. Unit #2: 3 bedroom, 2 baths, 1625 square feet […]

The South Loop Trolley Tour is Back

I know a few of you went on the South Loop Trolley Tour offered by Re/Max agent Rebecca Thomson last fall. If you missed that one- nows your chance. She’s running it again on Sunday, April 27. It’s free. The trolley will take you to several sales centers in the South Loop. You must register (because, […]

First Foreclosure in The Columbian at 1160 S. Michigan

I’ve chattered about The Columbian several times in the past. It is the new construction highrise on Grant Park at 1160 S. Michigan on the corner of Michigan and Roosevelt Road in the South Loop. The East facing units have lovely views of the park and the lake but the West facing units are also […]