Crib Chatter

The lists of units for sale in Avenue East at 160 E. Illinois continues to grow. The current sales statistics for the building (out of 133 units): 40 units for sale (or 30% of the building) 17 units for rent From what I can tell, no flips have sold in the building.  Some flippers put their […]

The Vetro, at 611 S. Wells, in the South Loop near Printers Row, has started closings.  The 233 unit building is only 50% sold.  Last week, the developer began advertising “free parking” to new buyers. The free parking is a huge price reduction on the units.  For instance, the developer currently has a $250,000 1 bedroom, 1 […]

The Columbian, at 1160 S. Michigan, which started closings several months ago, has seen dozens of attempted flips.  I’ve talked about a few in prior posts.  “Attempted” is the key word here because from what I can tell, nothing has re-sold in the building. I don’t think they’ve finished closings in the building so more […]

  The Helmut Jahn modern skyscraper at 600 N. Fairbanks in Streeterville is still not fully occupied.  They are probably about a third of the way through closings on the building.  There are 227 units.  The flippers, however, have been out in full force. An updated count of the units for sale and rent: 20 for […]

Village Pointe at 845 N. Kingsbury across from Domain in River North has been closing on units for the past six months.  The building has 102 units. Surprise!  There are flippers trying to make money in the building.  Currently, there are 12 units either for sale or rent (or both). But there is an interesting twist […]

Thanks to Pat for asking about 451 W. Huron in River North.  It is a new construction building with 135 units.  Their website says they are 95% sold.  Closings started in September. It appears that only about half of the building has actually closed. I’ve found 19 units for sale, which includes some of the unsold developers units.  […]

Avenue East, at 160 E. Illinois, is one of the smaller new construction buildings to start closings in Streeterville in the past few months. It only has 133 units. So far, though, it’s among the most active in the flipping game.  There are currently 32 units for sale. Another 15 units are available to rent […]

Closings have begun at Helmut Jahn’s modern highrise at 600 N. Fairbanks in Streeterville. From what I can tell, with only a few floors closed, there are about 15 units now for sale in the building (out of 227 total units) and about 5 rentals. The rentals are a good deal (compared with the cost […]

Just an update for those of you who are interested in the newly closing downtown buildings.  A lot can change in a few weeks! There are now 29 units for sale and 21 for rent at 340 on the Park.  That is the  highest number of rentals and/or for sale units I have seen so far (and some […]

  Units continue to be listed at Avenue East, at 160 E. Illinois in Streeterville, as closings continue in the building. Currently, there are 20 units for sale, out of 130 units in the building, or 15% of the building.  At least half of those are still from the developer.  The others are flips.  Any […]