We’ve chattered endlessly about 340 on the Park in Lakeshore East. Another flipped unit has closed. (Thanks to the Tipster who sent me the closing information.) I chattered about this unit in January 2008. Unit #307: 1 bedroom, 1.5 baths, 1186 square feet Sold in July 2007 for $415,000 Originally re-listed for $725,000 in July 2007 […]
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 […]
Crain’s is reporting that a large parcel of land on the Chicago River in Printers Row that has sat empty for 37 years was finally bought by a smaller Chicago real estate developer for $40 million. The piece of land is just north of River City on Wells Street- or across the street from Wells Street Tower and […]
Think a townhouse in Lincoln Park is out of your price range? Think again. I’ve chattered about some reasonably priced townhouses in Lincoln Park and Lakeview before. But this the cheapest I’ve seen yet. And it’s updated. It’s a two bedroom at 2128 N. Lincoln. I can’t find the square footage, which means it’s pretty […]
We’ve been chattering about buyers who bought at the peak of the market in 2005 and 2006 who are now trying to sell for a profit. How long do you have to own real estate before it becomes profitable? In the last few years- the answer has been “not very long.” But in a “normal” housing market, the […]
Closings began on 600 N. Lake Shore Drive, Belgravia’s new towers on the lake in Streeterville, last fall. One of the three units I chattered about in late January has sold. Unit #1704: 3 bedrooms, 2 baths, 2149 square feet I’m not sure if this unit sold previously as I couldn’t find an original sales […]
We’ve been chattering about renting instead of buying. And why not? There are plenty of lovely rentals in all of the new buildings. 340 On the Park, at 340 E. Randolph, near Millennium Park seems especially popular as the rents are cheaper than what it would cost to buy the same unit. This one bedroom […]
Remember this small studio loft in the Grand Ohio at 211 E. Ohio in Streeterville? I chattered about it in November 2007. It sold. The third floor is unique in the building because the space was formerly offices. There are washer/dryers allowed in the units and they have 16 foot high ceilings. Unit #314: studio […]