Archive for the 'Neighborhoods/Suburbs' Category

Kinzie Park Tower: 1500 SQ FT and Under $500k with Views To Boot

Kinzie Park Station is a gated community of townhouses and a highrise just west of the Chicago River.  When it was developed in 2000, it was in no-man’s land. Today, that’s not so true. And the views from the south facing units are pretty spectacular. One of the bonuses of the building, at 501 N. Clinton, is that due to […]

Overseas Owner Wants Out! 60 W. Erie in River North

60 W. Erie in River North is distinctive for its green windows and balconies. It is a small, boutique building that first closed on units in 2003. Many of the units have nice layouts with windows in the kitchens and bathrooms. A two bedroom unit is on the market where the listing states: “Overseas Owner Wants Out!” Unfortunately, that […]

Even in Popular Buildings, It’s Tough To Make Money: 250 E. Pearson

The Pearson, at 250 E. Pearson in Streeterville, closed in 2003 and has been a very popular building for re-sales. It has held its value well. That part of Pearson is quiet, with the south facing units overlooking the park, the lake and Northwestern University Law School.  Yet you are two blocks east of the Mag […]

Should You Rush To See 1366 N. Dearborn?

I ran across this new listing for a unit at 1366 N. Dearborn, a vintage mid-rise built in 1926 in the Gold Coast that appears to have the key ingredients needed for vintage success: washer/dryer in the unit and parking available. The listing indicates that buyers should book their appointments next week or else they’ll miss […]

Two Bedrooms Under $500k at 500 W. Superior

I last chattered about The Montgomery at 500 W. Superior in River North in October 2007. At the time, there were several 2 bedroom units on the market for under $500,000. One out of the three I last chattered about has sold. I can’t find sales prices for the other two so they might have been withdrawn. […]

Vintage Beauty in Old Town: 1814 N. Lincoln Park West

Old Town is a very desirable neighborhood but the inventory is limited if you are looking for a certain type of property- say, one with a parking space. Unlike some vintage properties which have been gutted and stripped of the original features, this unit at 1814 N. Lincoln Park West still has the historic feel.  Unit #4: […]

Why We Love Chicago: 562 W. Arlington Place in Lincoln Park

We’ve been chattering about so much doom and gloom lately, how about just seeing some lovely properties? 562 W. Arlington is the quintessential Chicago home in East Lincoln Park.  It’s the kind of house you walk by and wonder, “who lives there?” And compared to our competitor cities (NY, DC, SF), it’s downright affordable. Unit #2: […]

More free parking: Printers Corner at 170 W. Polk

More developers are getting into the “free parking” incentive game. Printers Corner, a new mid-rise building at 170 W. Polk in the South Loop, is now offering free parking for those who “purchase and close by April 1, 2008.”  Parking was $36,000 before this “deal.” There are a few units being flipped.  At least three are available to […]

Flipper Alert: Sun-Times Claims A Trump Hotel/Condo Unit Flips

  David Roeder, the Sun-Times Real Estate columnist, wrote this week that a hotel/condo unit on  the 21st floor has been successfully flipped in Trump Tower Chicago, at 401 N. Wabash in River North. The owners of a hotel unit on the 21st floor sold it for $899,000 after initially asking $1 million, said their […]

Free Parking at 1400 S. Michigan in the South Loop

The developers at 1400 S. Michigan Avenue,  or Michigan Avenue Tower II, in the South Loop are now giving out free parking when you purchase a unit at the building. Their ad says: “About 30 units are still available for purchase, so buyers still have an excellent selection, including residences with Lake Michigan views and […]