Archive for December, 2015

Market Conditions: Are Parts of the GreenZone in Bubble 2.0?

Chicago Magazine recently decided to look into the hot West Loop market. The West Loop is hot with trendy restaurants and new tech offices, and now a shortage of family-size condos is leading to bidding wars and higher prices. “I’m being contacted repeatedly by brokers on behalf of their buyers wanting to know about any […]

Nearly 1700 Square Feet for Just $425,000 in the South Loop: 1307 S. Wabash

This top floor 2-bedroom in the Film Exchange Lofts at 1307 S. Wabash in the South Loop came on the market in September 2015. It has west facing exposures with a balcony and vaulted ceilings Although it is a loft building, it doesn’t have any of the features of authentic lofts. There is no exposed […]

Does the South Loop Still Have All the Best Deals? A 2-Bedroom at 1101 S. State

This 2-bedroom on the 21st floor at 1101 S. State in the South Loop came on the market in September 2015. The building was built in 2004 and has 242 units, a doorman, and an outdoor pool. This corner unit has the very sunny south and west exposures. The listing says there are custom window […]

3-Bedroom Contemporary Renovation With Lake Views: 40 E. 9th in the South Loop

This 3-bedroom in 40 E. 9th in the South Loop came on the market in October 2015. The listing calls it “architecturally renovated” in the contemporary style. It has north and east exposures with 2 of the 3 bedrooms facing east with some lake views. It has a beamed ceiling and stained concrete floors along […]

South Loop Penthouse Does It In Style With 2 Waterfalls and a Wet Room: 1515 S. Prairie

This 3-bedroom penthouse at 1515 S. Prairie in the South Loop has been on and off the market for years but recently came back on the market in September 2015. This penthouse has east views of the Lake and Soldier Field. The unit has several features you rarely see in a downtown Chicago condo including 2 […]

Want 4-Bedrooms in the South Loop? It’ll Cost You Over a Million: 1438 S. Federal

This 4-bedroom townhouse at the Prairie Town Houses at 1438 S. Federal in the South Loop came on the market in September 2015. This is one of only 8 corner L-shaped units in this complex. I’m not sure if the picture above is of this exact unit, but it’s a corner unit and they look […]

It’s South Loop Week on Crib Chatter

The South Loop was the hottest neighborhood in Chicago, with one magazine even calling it the hottest neighborhood in the entire country, during Bubble 1.0. But the bust hit the area extra hard, with valuations plunging. Many of the new construction condo towers were turned into apartments in order to get the units off the […]

Looking for New Record High Price in East Lakeview: A 5-Bedroom at 443 W. Aldine

This 5-bedroom top floor vintage unit at 443 W. Aldine in East Lakeview recently came on the market. If it looks familiar, that’s because it was actually on the market for most of 2014 without selling. It is a full floor unit in a 4-unit elevator building that was renovated into luxury condos in 2010-2011. […]

20 Foot Windows With Views of the Lake and the Hancock: 161 E. Chicago in Streeterville

This 2-bedroom in Olympia Center at 161 E. Chicago in Streeterville came on the market in April 2015. Built in 1985, Olympia Center is a full service building that overlooks the Mag Mile with an indoor pool and city views. It has leased parking. This unit is unique in that it has a wall of 20 […]

“Architect Designer Rehab” Still Available 5 Months Later: 2343 N. Greenview in Lincoln Park

This 2-bedroom duplex at 2343 N. Greenview in Lincoln Park came on the market in July 2015. The listing says it is an “architect designer rehab”. We last chattered about it in October and wondered why it wasn’t selling this fall as it was a remodeled property and those are in demand. See our chatter here. […]