Archive for the 'Gold Coast' Category

Has Water Tower Place Lost Its Luster?

Water Tower Place Condominiums, at 180 E. Pearson, is considered to be one of the premier condo towers in Chicago.  Its location, right above the Ritz Carlton hotel, virtually right on the Mag Mile and the fact that Oprah Winfrey lived there for years, added to the allure. Built in 1974, the building has 260 units and […]

Live Where Mel Lived on Astor Street

Staying on the movie theme as in the last post, What Women Want also showed Mel Gibson’s character living in a high rise condo building which was actually 1300 N. Astor. 1300 N. Astor is a Bertrand Goldberg designed building that is very popular with buyers, regardless of if Mel Gibson’s character lived there or not. […]

“What Women Want” Gold Coast House On the Market

Remember the 2000 movie What Women Want starring Mel Gibson and Helen Hunt?  It was filmed in Chicago and retains a distinct Chicago feel. There are several scenes at Helen Hunt’s character’s luxury condo which, it turns out, isn’t a condo at all, but a Gold Coast mansion (figures… it is Hollywood.) The house/condo appears […]

Vintage Gold Coast Building Shows the Tale of the Housing Boom

Vintage buildings with parking are always prized, especially in the Gold Coast, where parking is a premium.  It is the parking and location which make The Chandler at 1429 N. Dearborn so popular. Built in 1890, the four story, 8 unit building usually sells quickly.  Units in the building have seen a steady rise in […]

Trying to Sell Your Condo on eBay- Smart or Crazy?

If selling the normal For Sale By Owner methods don’t work on selling your condo – what about trying an auction on eBay? One Chicago condo owner is trying just that according to a posting on Craigslist.  It says that it’s a “$165,000 Luxury Gold Coast Studio for auction- current bid of $115,600.” He posted: […]

When Real Estate Doesn’t Always Go Up: 1209 N. State Parkway

For some reason, some buildings in Chicago just seem tainted.  Even during what was, undoubtedly, one of the greatest real estate booms the Chicagoland area has ever seen, some buildings and homes just don’t appreciate. Take the Fisher Studio Houses at 1209 N. State Parkway. This 12 unit building in the Gold Coast (nearly at […]

The Drake: Would You Rent This?

Many of the luxury hotels have apartments that are available for weekly or monthly stays (for celebrities and CEOs etc.) The famous Drake Hotel at 140 E. Walton on Lake Shore Drive is no different.  They currently have a 4 bedroom, 4 bath unit available for $20,000 a month.   Here is the listing: Live Graciously […]

Slow Sales For Astor Street Mansions

  Want a single family mansion on Astor Street?  You have your pick as there are at least 10 currently on the market ranging from $2.5 million to $9.995 million. The house pictured above has been listed for over two years.  According to the listing: In 1894, George W. Meeker, A Confidant Of Abraham Lincoln, Commissioned Holibard […]

Super Sized Terrace on Gold Coast Penthouse

    You rarely see large terraces downtown anymore- even on Penthouse units- as the new construction buildings are so tall and the price per square foot so high that developers would rather put more liveable space into a unit, then add on a large outdoor terrace. But they have it all wrong.  The very epitomy […]

What Happened to Vince Vaughn Buying in the Palmolive?

  Remember the news last year that Vince Vaughn had bought the penthouse in the Palmolive, at 159 E Walton in Streeterville/the Gold Coast for $9.5 million (original list price of $10.5 million)? It was, at the time, touted as the most expensive condo unit ever sold in Chicago.  The Palmolive penthouse had been for […]