Michigan Avenue Tower, at 1250 S. Michigan, in the South Loop is part of the wave of new construction around Michigan Avenue and Roosevelt Road. It was built in 2005 and has 229 units. Perhaps you’ve seen the Craigslist ad for this three bedroom unit. Previously for sale at 659K. Bank is asking 525K! Spectacular 3 […]
1717 S. Prairie is a 23 story, 171-unit building near the Prairie Historic District in the South Loop. It was built in 2004. Recently, a foreclosure popped up in the building. Unit #2201: (no details but #1801 is a 2/2 with about 1475 square feet) Sold in July 2006 for $667,000 Foreclosure auction price of $565,352 […]
Many people are looking for “affordable” single family homes on the North Side. Prices have surged in the last few years so that the “starter” home is virtually non-existent. Or is it? Foreclosures are creeping into the north side- even in the single family home market. Such is the case with this house at 3740 W. Agatite […]
I chattered about The Paramount Lofts at 1645 W. Ogden in the West Loop in December 2007. It was built in 2005/2006. Some sellers were under stress then and several continue to be. Many of the units have seen large price reductions. Here’s one in short-sale: GOT VIEW? AMAZING CHICAGO SKYLINE FROM FLOOR-2-CEILING WINDOWS LOOKING DIRECTLY […]
By popular demand: Plaza 440, at 440 N. Wabash in River North. Built in 1992 as apartments, it was converted into condominiums in 2005 by American Invsco. The building has 497 units. Sellers in this building like to describe it as “Next door to Trump at a fraction of the price.” There IS parking available, but no […]
The foreclosures are getting interesting in the downtown market. This week’s deal is a three bedroom unit at 1529 S. State in the South Loop. The building was built in 2001 and has 143 units. It was NOT built as a “luxury” building. But if it’s size you want, then this three bedroom unit is for you. […]
Museum Park Tower IV at 1235 S. Prairie in the South Loop closed on units in 2006. The building is 286 units on 36 floors. This two bedroom southeast corner unit is currently bank-owned: Unit #1004: 2 bedrooms, 2 baths, 1533 square feet Sold in February 2007 for $700,000 Currently listed at $600,000 plus $58,000 for […]
More foreclosures have appeared recently in Millenium Centre, 33 W. Ontario, in River North. Foreclosures and short sales have been appearing regularly in the massive building over the last six months. I don’t have any pictures of the interiors on these- sorry. Unit #22H: 2 bedrooms, 2 baths, 1200 square feet Sold in November 2003 for $341,500 […]