Archive for the 'Loop' Category
It’s rare to see skylights in a large condo building, but you can find them in the penthouse units at 330 S. Michigan in the Loop. The building was constructed in 1911 but converted about 8 years ago into condominiums. The building faces the lake and Millennium Park and has parking. One of the penthouses […]
March 13th, 2008 | Posted in Loop | 13 Comments
Fulton House at 345 N. Canal is one of those rare buildings that no one seems to know much about yet it has a prominent location right on the river next to River Bend. Built in 1903 as a cold storage warehouse, it was converted into apartments in 1979-81. It was converted into condominiums in the 1990s. […]
January 8th, 2008 | Posted in Lofts, Loop | 3 Comments
There are a few signs of distress among owners in 212 W. Washington in the Loop. Many downtown condo buildings are seeing some issues with foreclosures and slow sales, however, so this building is not unique. But the current prices are telling part of the story. There will be a foreclosure auction on a 1 […]
December 18th, 2007 | Posted in Loop | 12 Comments
Pat posted a comment about this 1 bedroom condo at The Metropolis at 8 W. Monroe in the Loop. I’ve talked about this building before. It is a conversion building that closed in 2006. There were and are huge numbers of flippers/investors in the building. It seems that a large percentage of the building is […]
December 14th, 2007 | Posted in Loop, Steals and Deals | 7 Comments
American Invsco is converting the former apartment building at 200 N. Dearborn in the Loop into condominiums. According to Crain’s: The one pending acquisition by a condo converter, American Invsco Corp.’s plan to buy the 46-story tower at 200 N. Dearborn St., could move into early January. That’s because of slow condo sales and […]
December 10th, 2007 | Posted in Loop | 12 Comments
Foreclosures are now hitting the heart of downtown. A foreclosure auction is scheduled on a one bedroom unit today at The Heritage, at 130 N. Garland Court near Millennium Park in the Loop. The Heritage is the building that started the Millennium Park craze and revitalized the loop as a residential destination for “luxury” buildings. It’s a large building with 356 […]
December 7th, 2007 | Posted in Foreclosures, Loop, Millennium Park | No Comments
6 E Monroe, the Mentor Building, in the Loop was an office to residential conversion that sold in 2002. There are only 36 units in the building. Many of the units are smaller one bedroom units that originally sold for around $130,000 to $150,000. There are washer/dryers in the units but no parking. The South facing […]
December 5th, 2007 | Posted in Loop, Reductions | 4 Comments
8 W. Monroe had such promise. Otherwise known as The Metropolis, it was a conversion of a loop office building into loft-ish units with high ceilings and, for some of the units, peek-a-boo views of the lake. The building is located in the heart of the State Street shopping and theater corridor at State and […]
November 8th, 2007 | Posted in Loop | 7 Comments
CMK opened up the sales center for its latest building at 235 W Van Buren, in the shadow of the Sears Tower in the Loop, only a mere two or three months ago and already the building is under construction and about 60% sold. How’d they do that? CMK marketed it very wisely. The […]
October 30th, 2007 | Posted in Loop | 1 Comment
I went to Six North Michigan expecting to see the same ole product that is in many of these office building conversions (such as Metropolitan Tower, 888 S. Michigan etc.). I especially expected it with this conversion, given its iffy history. The building was originally marketed back in 2004 and anyone who went to […]
October 25th, 2007 | Posted in Loop | 2 Comments