Archive for April, 2008

Foreclosure in Museum Park Tower IV: 1235 S. Prairie

Museum Park Tower IV at 1235 S. Prairie in the South Loop closed on units in 2006.  The building is 286 units on 36 floors. This two bedroom southeast corner unit is currently bank-owned: Unit #1004: 2 bedrooms, 2 baths, 1533 square feet Sold in February 2007 for $700,000 Currently listed at $600,000 plus $58,000 for […]

On the Same Block But a Different Story: 2930 N. Sheridan

If you walk north up Sheridan, you can’t help but notice the sales signs at 2930 N. Sheridan in Lakeview. The developer has been selling this conversion for a little over a year now. This is a bigger building than 3033 N. Sheridan which just started marketing about two blocks to the north. But the difference is palpable. […]

Too Good To Be True? Two Bedrooms in East Lakeview for $215,000

Several of you have e-mailed me recently asking about the new conversion building at 3033 N. Sheridan in East Lakeview. The building had its “opening” weekend last weekend and couldn’t have picked better weather to launch a new development. The building was built in 1968, is 16 stories and 143 units, and, from the outside, is […]

Post Weekend Observations Here

Did you look at properties this weekend? Post your observations. Were the Open Houses crowded?  Or sparse? Any insights from the agents? Or from mortgage brokers? With the beautiful weather, there could be some big crowds. I know it was actually pretty active last weekend- and the weather wasn’t nearly as nice.

Another Authentic Loft: 411 S. Sangamon

It’s still possible to find lofts that aren’t cookie-cutter. This one bedroom at 411 S. Sangamon in the West Loop appears to have the whole package: a washer/dryer in the unit, parking included and a massive open space that is what people think of when they say they want a “loft.” The building is brick […]

How Much Would You Pay for a Roof Top Terrace? 33 W. Delaware

Private rooftop terraces are popular- especially in highrise buildings. 33 W. Delaware in the Gold Coast was built in 1988 and converted to condominiums in 2003. This one bedroom unit has two outdoor spaces: a normal sized 25 x 4 terrace and a large 20 x 20 rooftop deck. Unit #24A: 1 bedroom, 1.5 bath,  815 […]

We Love Authentic Lofts: 124 W. Polk

124 W. Polk is on the  fringe of Printer’s Row but is one of the original loft buildings in the area. It was built in 1910 and has 63 units. Eight years ago, it was surrounded by parking lots and now there is development all around it (for good and bad.) The building has authentic […]

More Foreclosures in Millenium Centre: 33 W. Ontario

More foreclosures have appeared recently in Millenium Centre, 33 W. Ontario, in River North. Foreclosures and short sales have been appearing regularly in the massive building over the last six months. I don’t have any pictures of the interiors on these- sorry. Unit #22H: 2 bedrooms, 2 baths, 1200 square feet Sold in November 2003 for $341,500 […]

Update on Lofts in 540 N. Lake Shore Drive in Streeterville

  Since we were talking about 540 N. Lake Shore Drive so much the other day, I decided to revisit the units I had last chattered about in September 2007.  At the time, numerous units were on the market including one, Unit #625, where the seller was trying to double his/her money after owning for only about two years. Well, […]

Will Second Price Reduction Be the Charm? 600 N. Fairbanks

  With nothing re-selling at 600 N. Fairbanks in Streeterville over the last few months, at least one seller is getting aggressive with price reductions. I chattered about Unit #1301 about three weeks ago- when it had its first price reduction. It has been reduced again. Unit #1301: 3 bedrooms, 2.5 baths, 1746 square feet Sold […]