With nothing re-selling at 600 N. Fairbanks in Streeterville over the last few months, at least one seller is getting aggressive with price reductions. I chattered about Unit #1301 about three weeks ago- when it had its first price reduction. It has been reduced again. Unit #1301: 3 bedrooms, 2.5 baths, 1746 square feet Sold […]
A bunch of huge custom mansions were built in recent years in River North on Kingsbury and Huron. The area apparently calls itself “Kingsbury Park.” They were in the news last summer after Miami Heat NBA player Antoine Walker was robbed at gunpoint in his home on the block. From the Chicago Tribune: A source […]
Inventory continues to be plentiful at The Regatta, at 420 E. Waterside Drive, in Lakeshore East. Currently the building statistics are: 23 units for sale 19 units for rent Some units may be both for sale AND for rent. Unit #1108 recently had a price reduction. Unit #1108: 2 bedrooms, 2.5 baths, 1500 square feet […]
Five weeks ago I chattered about this authentic loft at 531 S. Plymouth in Printer’s Row. It has since had a price reduction. Unit #502: 1 bedroom, 1 bath, 1300 square feet, corner unit Sold in April 2003 for $279,000 Was listed in February 2008 for $364,900 (parking included) Currently listed for $349,000 (parking included) Craigslist ad says […]
I last chattered about a penthouse unit in The Heritage at 130 N. Garland in Millennium Park/Loop in September 2007. I commented that the $4.4 million asking price was a new price point for the Millennium Park area, if they could get it. It has since been reduced by $1.1 million. Unit #5701: 4 bedrooms, 4.5 baths, 4668 […]
535 N. Michigan in Streeterville on the Mag Mile was built in 1962. You might not even notice the building when you’re walking by on the street. The units don’t have washer/dryers but there is attached leased parking. There is also a penthouse indoor pool. But apparently the housing slowdown is affecting even units for sale […]
I last chattered about the penthouse unit at 375 W. Erie in River North with the huge 1000 square foot terrace in January 2008. It has since had a price reduction: Unit #610: 2 bedrooms, 2 baths, 1800 square feet Sold in April 2003 for $560,000 Listed in January 2008 for $680,000 (plus $35,000 for parking) […]
There are some neat old mansions in Kenwood/Hyde Park that have been saved in recent years. The mansion at 4545 S. Drexel is one of them. Designed by famed architects Burnham & Root, the house was carved up into condominiums in 2002. But some sellers have had difficulty re-selling for any profit. Unit #3A sold […]