Archive for December, 2021

Renovated Chic Parisian Abode: A 3-Bedroom at 1240 N. Dearborn in the Gold Coast

This 3-bedroom in 1240 N. Dearborn in the Gold Coast came on the market in March 2021. Built in 1890, this vintage building has 5 units. The listing says this unit has been “thoughtfully renovated” and has been inspired by “chic Parisian abodes.” The living room, dining room and kitchen have an open concept. It […]

Totally Redone Vintage 3-Bedroom in 3500 N. Lake Shore Drive in Lakeview

  This 3-bedroom in the Cornelia Apartments at 3500 N. Lake Shore Drive in Lakeview came on the market in April 2021. Believe it or not, I don’t think I have a picture of this building. It’s often difficult to get a good picture of these big vintage buildings, but I’ll have to get one. […]

Renovated 2-Bedroom on the 91st Floor of the Hancock: 175 E. Delaware in the Gold Coast

This 2-bedroom in the John Hancock at 175 E. Delaware in the Gold Coast came on the market in January 2021. Yes, I’m still calling it the John Hancock even though the company has withdrawn its name from the building. Until another company buys the naming rights, it remains the Hancock. Built in 1969, it […]

A Renovated 3-Bedroom in River Bend at 333 N. Canal in the Near West Side

This 3-bedroom in River Bend at 333 N. Canal in the Near West Side came on the market in October 2021. Built in 2003, River Bend has 149 units and attached valet garage parking. It has a river walk in front of the building on the Chicago River, a party room, dry cleaners, exercise room, […]

Rent or Own? A Remodeled 1-Bedroom with Views at 1030 N. State in the Gold Coast

This 1-bedroom in Newberry Plaza at 1030 N. State in the Gold Coast came on the market in December 2021. Built in 1971, Newberry Plaza has 559 units and attached leased garage parking. It’s a full amenity building with an outdoor pool, sundeck, exercise room, bike room, storage, door staff, an on-site engineer and management. […]

Market Conditions: November Sales Jump 15.9% to New 15 Year Record

The Illinois Association of Realtors is out with the November sales data. It was another red hot month for the city which actually outshone the Chicago Metro area for the first time since the pandemic began. In the city of Chicago, home sales (single-family and condominiums) in November 2021 totaled 2,338 homes sold, up 15.9 […]

Market Conditions: Downtown Apartment Rents Expected to Rise in 2022

In 2020, when the pandemic hit, thousands moved out of downtown Chicago, leaving apartment buildings with their lowest occupancy rate in decades. Some buildings offered up to 4 months free rent to lure renters back. Apparently, it worked. Those deals are long gone now. According to Integra Realty Resources, downtown apartment occupancy rates jumped to […]

Renovation Week: A 2-Bedroom at 1000 N. Lake Shore Plaza in the Gold Coast

This 2-bedroom in 1000 Lake Shore Plaza at 1000 N. Lake Shore Plaza in the Gold Coast came on the market in October 2021. Built in 1964, 1000 Lake Shore Plaza has just 132 units and leased garage parking. It’s a full amenity building with door staff, an indoor pool, exercise room, and party room. […]

Back to the 2013 Price in River North? A 2-Bedroom in The Fordham at 25 E. Superior

This 2-bedroom in The Fordham at 25 E. Superior in River North came on the market in October 2021. The Fordham was built in 2003 and has 244 units and attached garage parking. It’s a full service building with door staff, an indoor pool, hot tub, sauna, a sundeck, a gym, theater, library, dog run, […]

Can You Still Get a High Rise 2/2 for $400,000? 1111 S. Wabash in the South Loop

This 2-bedroom at 1111 S. Wabash in the South Loop came on the market in May 2021. Built in 2006, 1111 S. Wabash has 247 units and an attached parking garage. It’s a full amenity building with door staff, exercise room and pool. This unit has west views from an 18 foot balcony off the […]