The Helmut Jahn modern skyscraper at 600 N. Fairbanks in Streeterville is still not fully occupied. They are probably about a third of the way through closings on the building. There are 227 units. The flippers, however, have been out in full force. An updated count of the units for sale and rent: 20 for […]
Foreclosures are now hitting the heart of downtown. A foreclosure auction is scheduled on a one bedroom unit today at The Heritage, at 130 N. Garland Court near Millennium Park in the Loop. The Heritage is the building that started the Millennium Park craze and revitalized the loop as a residential destination for “luxury” buildings. It’s a large building with 356 […]
It used to be, before the boom, that living in funky units in far out locations meant it was dirt cheap. Ten years ago, you could buy a condo in Printers Row for $80,000. The first wave of gentrifiers was rewarded with price appreciation. Not anymore. Described in the listing as “3000 square feet of supurb luxury” this […]
All real estate is about location, location, location. But you’d think owning a large vintage duplex for nearly 7 years in a nice Lakeview location would mean something. The listing says this unit was a gut rehab in 2000. The kitchen still has the, gasp, white appliances. (Yes, some buyers will refuse to buy a condo […]
6 E Monroe, the Mentor Building, in the Loop was an office to residential conversion that sold in 2002. There are only 36 units in the building. Many of the units are smaller one bedroom units that originally sold for around $130,000 to $150,000. There are washer/dryers in the units but no parking. The South facing […]
Thanks to the tipster who pointed me towards the real estate investment firm Exclusive Equity Partners LLC, which is promoting Trump Tower Chicago units on its website at “below developer’s prices.” Exclusive Equity Partners appears to be a real estate investment company. From their website: EEP Exclusive Equity Partners, LLC is a leading real estate wholesale […]
Sometimes, you don’t want to buy, you just want to rent. And why not rent a historic single family home in the Old Town historic triangle where you get your own caretaker, full-time housekeeper and complete nanny quarters? What is a caretaker, anyway? From Dictionary.com: A person who is in charge of the maintenance of a […]
I was driving through Pilsen the other day on 18th Street and happened by two big empty lots with signs on them for Centro 18. Remember this development? They had ads in the paper about six to eight months ago. The property is on 18th Street about a block west of Halsted in the “Pilsen Arts District.” […]
Built in 1925, the 47 unit Benjamin Marshall building at 1200 N. Lake Shore Drive in the Gold Coast exudes old money. It is actually a condominium building, not a co-op, which is unusual for a building of that period. It went condo in 1972. A two bedroom, three bath unit on the 4th floor recently […]