212 W. Washington, City Center Club, is a 1990s conversion in the heart of the Loop. Currently, there is a new luxury rental apartment building being built directly across the street. Would buying in 212 W. Washington be a good investment given the construction activity in the neighborhood? This 2-bedroom unit recently came on the market. While there […]
It has long been known that certain paint colors can be a turn-off to buyers or that “staging” a property likely brings about a quicker (and sometimes higher-priced) sale. How else to explain the difference in the asking prices of these two units in The Heritage, at 130 N. Garland, in the Loop? Yes, one is […]
The Manhattan Building at 431 S. Dearborn is on the edge of Printers Row, but not quite in it. The building was built in 1891 and has 105 units. There is no parking (but rental parking is available nearby.) This 11th floor unit has a private 500 square foot terrace that overlooks the Harold Washington […]
We’ve chattered about some foreclosures in The Heritage, at 130 N. Garland, in the Loop before. But this 3-bedroom unit, Unit #2603, is the first short sale property I’ve seen of one of the larger east facing units. Here’s the view: It’s been on the market for a year and is now listed 15% under its […]
Normally, we don’t chatter about a new construction building until the building starts closings and flips appear on the MLS and Craigslist. But I’m making an exception for 6 N. Michigan in the Loop. It’s a new conversion building right across from Millennium Park that started selling units last summer. What’s going on with it? A Tipster has […]
We chattered in March 2008 about Unit #2002 in 330 S. Michigan in the Loop with its unique skylights in the livingroom. It is still on the market and has had some renovations done and furniture re-arranged. It has also been reduced by $14,010. Do new stainless steel appliances and granite countertops matter? BEFORE AFTER LIVING […]
Another sign of the times, but much more serious because they’ve already started construction, is this news from David Roeder of the Sun-Times that construction may have to halt at Waterview Tower, the 90+ story high-rise condo/hotel at 111 W. Wacker Drive in the Loop due to financing issues. They have already built up to at least […]
You’re supposed to own real estate for several years, in order to recoup your closing costs and other expenses (realtor fees etc.) But life sometimes intervenes and people can’t stay in their property as long as they hoped. There are a bunch of sellers in Metropolitan Place, at 130 S. Canal, in the Loop who bought […]