Crib Chatter

In January 2008, we chattered about a one bedroom loft foreclosure in 300 W.  Grand in River North. Several people were interested in bidding on it due to its relatively low price for a one bedroom in River North. 300 W. Grand #504: 1 bedroom, 1 bath, about 900 square feet Sold in April 1999 for […]

The Olympia Centre, at 161 E. Chicago in Streeterville, is a 63 story high rise that was completed in 1985.  It is a full service condo building with washer/dryers in the units, parking and an amenities floor.  It is best known as the Neiman Marcus building, because the store anchors it on Michigan Avenue. There are units of varying sizes […]

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 […]

There are some condo units that are listed for a million dollars that you just know aren’t luxury units. And then there are others that when the listing says, “upgraded”- well, it looks it. A unit recently came on the market at The Belvedere,  the popular mid-rise building at 270 E. Pearson in the Gold Coast/Streeterville neighborhood, that […]

There’s already been some price reductions on the one bedroom units at Helmut Jahn’s 600 N. Fairbanks in Streeterville. But now price reductions are starting on the larger units as the weeks drag on without many re-sales. I still haven’t seen any of the larger units re-sell in the building. Closings began the first week of November 2007. […]

Apparently, we’re not the only ones who noticed that The Sterling is Chicago’s #1 foreclosure high-rise. Can articles on River City, Millennium Centre and The New York, other notorious foreclosure buildings, be far behind? We’ve been chattering for months about the foreclosures in The Sterling, at 345 N. LaSalle in River North.  Crain’s has all the dirty […]

What’s selling? Units under $400,000. What’s not? Units over $400,000. Therefore, to sell, price under $400,000. That’s what a bunch of owners are doing at 1305 S. Michigan, the Museum Park Lofts, in the South Loop. The building was built in 2006 but because of all the construction surrounding it, it doesn’t seem to have […]

On March 5, I saw a listing for a foreclosed unit come on the market in Millennium Centre, at 33 W. Ontario, in River North. This building is one of the leading buildings for foreclosures in the city (along with, among others, The Sterling and River City.) But before I could blink, it was already snapped […]

If you look at Chicago real estate long enough you’ll notice one thing: all of the kitchens and baths look the same. Even most of the vintage condos and houses have been stripped of their vintage kitchens in favor of 42 inch oak cabinets, brown/black speckled granite,  and stainless steel appliances. If you want original features […]

The Parc Chestnut, at 849 N. Franklin, on the fringe of River North and the Gold Coast, started closings in 2006. Recently, from sales records, it looks like the developer finally sold a bunch of the 16th floor penthouse units.  Since the building has been marketed for over five years, and completed for two years, it […]