Forget about Astor Street. East Lake Shore Drive? Ho-hum. The hottest street to live on in Chicago right now is North Wells in Old Town. Property values continue to rise there, with some buildings rivaling the prices paid to live in top neighborhoods like Streeterville and the Gold Coast. And it doesn’t seem like the values […]
By now, I’m sure many of you have seen yesterday’s Chicago Tribune article talking about the opening of The Spire’s sales center. The Spire was also featured on some of the local tv stations. There were some interesting stats in the article, though, which I thought I’d post here. It seems that interest in The Spire is pretty […]
Built 11 years after its sister building to the north, 1000 N. Lake Shore Plaza (not to be confused with 1000 N. Lake Shore Drive) was designed by the same architect and has the same great lake views and gold coast location. According to Emporis, 1000 N. Lake Shore Plaza, at 55 stories, was actually […]
In case you haven’t noticed, short sale listings have grown in popularity in recent weeks. In fact, there isn’t a day that goes by where I don’t see at least one short sale listing. In some buildings, prices are dropping so fast that some sellers – and their mortgage holders – don’t have any choice (or […]
With all the new construction going up around the city, sometimes older buildings get overlooked. The gorgeous vintage buildings of the 1920s have held their own. But anything built between, say, 1932 and 1970 is usually much maligned. But location still matters and 1000 N. Lake Shore Drive has it in spades. Located at the end […]
Foreclosures in a building can be worrisome. They can bring down prices in the entire building. But there is a solution. In Chicago, you can buy in a Co-Op building that requires the buyers to purchase in all cash. Yes, cash is still king in certain cases. And apparently there are some buyers who have […]
It’s time for an update on 600 N. Fairbanks the Helmut Jahn modern skyscraper in Streeterville that started closings the first week of November 2007. Out of 227 units in the building, the current building statistics are: 25 units for sale 8 units for rent This is the highest number so far for the building. Two […]
The South Loop can be overwhelming for buyers. There seems to be new construction going up everywhere. Imagine going to the sales centers down there? Where would you start? In a brilliant bit of marketing, one agent, Rebecca Thomson from Re/Max Vision, is now offering the “South Loop Tour.” This Sunday, January 13, she is renting […]