Crain’s is reporting that Walton on the Park, the two tower high rise project near the Scottish Cathedral in the Gold Coast (is that really the gold coast there or River North?) just received its first construction loans so building will commence on the project’s South Tower. Enterprise Cos. and Mesirow Financial Real Estate, both of […]
Finally there is some re-sale data at 340 on the Park at 340 E. Randolph overlooking Millennium Park. The building started closings in July but the building is huge so closings are continuing. The current state of the building (out of 344 units): 29 units for sale At least 25 units for rent (maybe more, as it’s hard […]
Helmut Jahn’s 600 N. Fairbanks in Streeterville is proving to be a hot topic among those interested in Chicago’s downtown real estate market. Back by popular demand- here is what is happening in the building: 14 units are for sale At least 7 units are for rent Two units are currently under contract. One has […]
I’ve seen this designation several times now in real estate listings. The neighborhood is dubbed “SoLo”. Do you know where it is? I had to think about it for a minute. Apparently, that is the new real estate moniker for “south loop.” Clever, huh? SoLo…South Loop. This Keller Williams agent is using it for a loft at 1516 […]
There are a few signs of distress among owners in 212 W. Washington in the Loop. Many downtown condo buildings are seeing some issues with foreclosures and slow sales, however, so this building is not unique. But the current prices are telling part of the story. There will be a foreclosure auction on a 1 […]
There is something about The Belvedere at 270 E. Pearson. Built in 2003, this non-descript mid-rise at the end of quiet East Pearson near Lake Shore Drive has been popular from the beginning. I’ve heard through the grapevine that it is especially popular with European buyers (and has been for several years.) There are only 4 […]
Pat posted a comment about this 1 bedroom condo at The Metropolis at 8 W. Monroe in the Loop. I’ve talked about this building before. It is a conversion building that closed in 2006. There were and are huge numbers of flippers/investors in the building. It seems that a large percentage of the building is […]
Someone recently brought up painting the interior of your home a neutral color in order to stage it. We hear about staging all the time, but what is it? I’ve seen it used on an empty property, where they bring in the minimum of furniture and plants to make it looked “lived in.” Everything is neutral and […]
A bunch of price reductions are suddenly appearing as “specials” for the month of December. These are not through developers, but for regular condos or single family homes. Some of them are like this house in Edgewater. The Craigslist post says “Dec. Special – 75k off”. 5857 N. Winthrop is a 1905 3 bedroom, 2 […]
One of the most important rules in real estate is to never buy the most expensive home on the block. The second most important rule is to never renovate your home so that it’s the most expensive home on the block. Unfortunately, this owner in the South Loop has violated both of these real estate rules. Built […]