Archive for the 'Loop' Category
The Downtown 2-Bedroom Under $200,000: 8 W. Monroe in the Loop
Someone recently asked if it was possible to get a 2/2 somewhere downtown (Loop, River North, Streeterville, South Loop etc.) for under $200,000. I found this 2-bedroom, 1.5 bath unit at The Metropolis at 8 W. Monroe in the Loop listed for $195,000. It has been on the market over a year and has now […]
Market Conditions: Crain’s Reports on New Construction in the Loop
Crain’s has several articles out this week describing what is happening on the front lines of Chicago real estate. I thought several comments made by the developers were worth chattering about. On The Legacy, highly anticipated 72-story new high rise overlooking Millennium Park at 60 E. Monroe, the developer appears optimistic. Developer James Hanson says the economy […]
Walk To Work From Your Loft: 20 N. State in the Loop
We chattered about this brick and concrete duplex loft at 20 N. State in the Loop in June 2009. See our prior chatter and pictures here. The loft is still available 5 months later and has been reduced by $8,100. The seller is now “motivated.” Back in June it was also the cheapest 1-bedroom available […]
Trying to Re-Sell in 235 W. Van Buren in the Loop
235 W. Van Buren started closings at the beginning of June 2009. The new loop high rise near the Willis Tower has about 714 units. The developer currently has 14 model homes available for viewing because of the numerous floorplans. According to public records the current building stats are (out of 714 units): 136 units […]
A Custom Built Home in the Sky: 200 N. Dearborn in the Loop
This 3-bedroom unit at 200 N. Dearborn in the Loop was originally two units that were combined into one big 1800 square foot unit. Although the building was built in 1989, and was apartments until recently, you might not know it when you’re inside this home. Forget the standard cherry cabinets and granite counter tops. The […]
The Best Deal Near Millennium Park? 330 S. Michigan
Long before there was The Heritage, The Legacy or 340 On the Park there was 330 S. Michigan. Among the first buildings converted into residential use on Michigan Avenue, this building is often forgotten by those who want to live near Millennium Park and Grant Park. This 2-bedroom unit corner unit is priced under $300,000 (with […]
The Cheapest Priced 2/2 in The Heritage: 130 N. Garland in the Loop
We haven’t chattered about The Heritage at 130 N. Garland in the Loop in awhile. Built in 2005, the building was extremely popular when it first started closings due to its proximity to Millennium Park and the protected east views of the Lake. It also has an amazing indoor swimming pool and workout room. Current statistics on […]
Park Monroe Developer Reduces Prices Up to $300K: 65 E. Monroe
These are the first reductions at 65 E. Monroe, the Park Monroe, in the Loop, the 156-unit office to condo conversion which has views of Millennium Park and the lake to the east and the city to the west. The building is being converted from the 42nd floor on up for residences. They started closing on […]
Back On the Market 11 Months Later But Reduced $45K: 8 E. Randolph in the Loop
We last chattered about this 30th floor 2-bedroom unit in 8 E. Randolph, otherwise known as MoMo or Joffrey Tower, depending on who you ask, in the Loop in October 2008 when it was being flipped. See our prior chatter and pictures here. Unit #3008 never sold and has now returned to the market reduced by […]