Archive for September, 2008

Do Pools Matter? 600 N. Fairbanks in Streeterville

  There’s been some chatter of the “amenities floor” at Helmut Jahn’s 600 N. Fairbanks in Streeterville because it finally opened  (despite closings on units beginning last November.) The amenities floor is on the top floor and has an expansive deck, an exercise room and an indoor pool. As someone pointed out, the exercise room is extremely small.  A tipster […]

Your Own Mediterranean Villa in the Sky: 2107 W. Jarvis

You just never know what you’ll find in Chicago’s neighborhoods. Take this 6-unit building at 2107 W. Jarvis in West Rogers Park. It was built in 1931, apparently by someone with a love of mediterranean flair (at least on the inside.) Here’s the listing: IMPRESSIVE MEDITERRANEAN STYLE CONDO IN EXTRAORDINARY HISTORIC 6 UNIT BUILDING EXCEPTIONAL ARCHITECTURAL […]

Foreclosure Alert: The Pinnacle at 21 E. Huron in River North

This is the first foreclosure auction I’ve seen in The Pinnacle, the 2004 luxury high-rise at 21 E. Huron in River North. Unit #1801 is scheduled for foreclosure auction this week according to public records, but it is also currently on the market and apparently “under contract.” Here’s the listing: THIS IS A MAGNIFICENT 2BD/2BATH+DEN HOME […]

How Will the Financial Crisis Affect Chicago?

Crain’s has a few reports on the impact of the ongoing financial crisis on Chicago. From “Chicago Braces for Lehman, Merrill Impact” [Crain’s, Sep 15, 2008]: Lehman has about 550 local employees, and Merrill Lynch employs hundreds as well. Both firms are based in New York. “Ultimately, it’s going to have a very devastating impact on the region,” […]

Live Near the Olympic Stadium: 840 E. 52nd Street in Hyde Park

For the last year or so, the Washington Park area in Hyde Park, home to the Olympic Stadium if Chicago succeeds in securing the 2016 Olympic Games, has been a hotbed of real estate speculation and “what ifs”. I recently stumbled across this 6-unit luxury conversion at 840 East 52nd Street. It is literally a block […]

Foreclosure Alert: 1335 S. Prairie in the South Loop

We haven’t yet chattered about 1335 S. Prairie in the South Loop. It was completed in 2004 and has 170 units. The east facing units have views of Soldier Field and the Lake. Unit #502, a 2-bedroom east-facing unit, is scheduled for foreclosure auction this week but it has been on the market as a short sale.  […]

Market Conditions: Condos, Condos, Everywhere

The Tribune’s real estate reporter Mary Umberger finally tackled the incredible condo glut in Chicago and the surrounding suburbs in Sunday’s ChicagoHomes. Alan Yunek is convinced he snagged a bargain. After spending two years methodically checking out an estimated 75 properties, he closed on a two-bedroom, two-bath condominium on the city’s South Side in July. […]

Dreaming of Your Albany Park Bungalow? 4501 N. Lawndale

Bungalows in some neighborhoods of the city are becoming more “affordable. ” But what does that mean? Take this 3-bedroom bungalow at 4501 N. Lawndale in Albany Park which was built in 1918. It still has many original features included french doors and a beamed ceiling. Is it affordable at $350,000? Here’s the listing: Beautiful […]

Endless City Lights: 2800 N. Lake Shore Drive

Forget Millennium Park views. Since 1969, residents at 2800 N. Lake Shore Drive have been treated to a direct south view of Lincoln Park, the Lake, and the entire downtown skyline. This high floor 1-bedroom has stunning views to the south. Here’s the listing: Remodeled 1br condo, 32nd Fl. of Lincoln Pk luxury highrise, best […]

We Love Views: 161 E. Chicago in Streeterville

  There’s something cool about a high floor duplex that looks out over the city- especially if you have views of the John Hancock Building. It is stunning at night. This duplex on the 58th floor of the Olympia Centre at 161 E. Chicago just says “cool.” Here’s the listing: DRAMATIC MODERN PENTHOUSE W/ LAKE […]