Flipper Alert: Two Contracts and Another Reduction at 451 W. Huron
Two units that I last chattered about in early February 2008 at 451 W. Huron in River North, are now under contract.
Unit #503 and #804 are both 1 bedroom, 1 bath units and are now under contract.
Unit #503: 1 bedroom, 1 bath, around 770 square feet
- Sold in September 2007 for $280,000
- Was listed in December 2007 for $293,000 plus parking
- Was listed in February 2008 for $292,000 plus parking
- Under contract
Unit #804: 1 bedroom, 1 bath, around 770 square feet
- Sold in September 2007 for $287,500
- Was listed in December 2007 for $294,900
- Was listed in February 2008 for $289,900
- Under contract
I’ll let you know the closing prices when I get them.
Two other units I also chattered about in February, Units #501 and #512, are both still available. Unit #501 has had another price reduction.
Unit #501: 2 bedrooms, 2 baths, 1015 square feet
- Sold in September 2007 for $402,000
- Was listed in December 2007 for $419,900 plus $35,000 for parking
- Was listed in February 2008 at $409,900 plus extra for parking
- Now listed for $399,000 plus $35,000 extra for parking
- Or available to rent for $2500 a month
- Christopher Pagano at Coldwell Banker has the listing
Unit #512 appears to be only listed for rent although the listing says “rent to own option”:
Unit #512: 2 bedrooms, 2 baths, 1100 square feet
- Sold in September 2007 for $395,000
- Was listed in December 2007 for $484,000 plus $35,000 for parking
- Was listed in February 2008 for $449,000 plus the parking
- Or available to rent for $2925 a month
- CitySpace Realty has the listing