This 2-bedroom unit in The Caravel at 635 N. Dearborn in River North was bank owned in July 2008. It then sold from the bank in 2009 for $137,000 under the 2003 purchase price. It has now returned to the market and the listing says it is “completely renovated.” The master bathroom, for instance, has […]
This 1-bedroom plus den in the midrise building at 150 W. Superior in River North has been on the market since February 2010 as a bank owned unit. It has been reduced by $60,100 since that time. It is also now listed for $95,600 under the 2006 purchase price. The unit has hardwood floors and, according […]
This 2-bedroom penthouse unit at 630 N. Franklin in River North just came on the market. The midrise contemporary building was built by CMK in 2005. The unit has exposed concrete pillars, floor to ceiling windows and high ceilings. There are hardwood floors throughout. The kitchen has granite counter tops and stainless steel appliances. There are marble […]
30 W. Erie in River North is a newer construction building which started closing on units in 2007. The 11 story boutique building has 20 units, with only 2 units per floor. Each of the units were 3-bedrooms. This 3-bedroom unit on the 7th floor has been on and off the market since September 2008. It […]
We’ve chattered about this 1-bedroom in the Hermitage, at 70 W. Huron, several times in the last year. But the first time we chattered about it, in April 2009, it looked different with dark red living room walls and blue walls in the kitchen. See our April 2009 chatter and pictures here. The unit is […]
Crain’s reported yesterday that a foreclosure suit has been filed on the Silver Tower, the new construction high rise at 303 W. Ohio in River North. From Crain’s: Bank of America has filed a $40-million foreclosure lawsuit on a 225-unit River North condominium project in what could be a preview for other slow-selling downtown high-rises. The developer […]
We’ve chattered several times in the past few months about the new breed of condo flippers in Chicago. No longer are they buying new construction condos at pre-construction prices and then selling for a profit when the building is completed. Now, they are buying foreclosed units from the bank and re-listing the condos, sometimes days […]
Only long-time readers will remember this top floor 2-bedroom loft unit at 375 W. Erie in River North as we last chattered about it in July of 2008. See our prior chatter here. It has one of our favorite huge downtown terraces of all time (okay- so I’m a sucker for some good landscaping and 1000 […]
We’ve chattered about Plaza 440, the conversion high rise at 440 N. Wabash in River North, several times in the past. Distress sales continue to work their way through the building. This 2-bedroom short sale is listed for $149,500 under the 2005 purchase price. It has a split floor plan with 1324 square feet. The north facing unit […]
Remember this 1-bedroom unit at 600 N. Kingsbury in River North from the fall of 2009? The unit was originally bank owned and then bought and re-listed only two months later for $78,900 more. See our October 2009 chatter here. It’s now 4 months later and the price is still the same. It is no longer the […]