Crib Chatter

The Hermitage at 70 W. Huron in River North was built way before the current condo craze- in 1985. This 2-bedroom unit has a massive 1500 square foot terrace. Is a terrace that big a pro or a con? Karen Noonan at Koenig &  Strey has the listing (agent owned.) See more pictures here. Unit […]

Trump Tower Chicago flippers are apparently undercutting Donald Trump’s pricing on unsold units in Trump Tower, according to Crain’s. The article addresses the condo/hotel units, which we’ve chattered about before. Trump Tower remains only about 70% sold and has been at that sales level for at least a year. From Crain’s: At least 34 hotel […]

We’ve already chattered about one bank-owned one bedroom unit at the lofts at 300 W. Grand in River North. This 2-bedroom unit just came on the market and the listing says it is in “pre-foreclosure.” Unit #412: 2 bedrooms, 2 baths, no square footage listed Sold in February 2000 for $238,000 Currently listed for $325,000 […]

It’s been a bit quiet on the foreclosure front in The Sterling, at 345 N. LaSalle, in River North. But a few keep appearing. Another 2/2 just came on the market already owned by the bank. There is no square footage but here are the room sizes: Living room: 13 x 27 Kitchen: 10 x […]

We’ve chattered about this penthouse unit at 201 W. Grand in River North several times now- the last time in April 2008. Back then, we all marveled at how cool the unit was with its one-of-a-kind Japanese gardens and how you couldn’t really put a price tag on something so unique. The unit is still for […]

55 E. Erie is a very successful luxury high rise in River North. Built in 2005, it has 214 units. In a market where luxury sales have stalled, three units priced over $3 million have sold in 2008 alone. But you don’t have to have millions to live in the building. No- you can simply […]

The condo/hotel units have been closing in Trump Tower, at 401 N. Wabash, in River North, for about six months. The condo units are about to start closing in July and August. If you wonder what the studios in The Spire are going to rent for, why not check out what’s happening in Trump Tower? The […]

  I last chattered about Trump Tower in February, when the sales center was touting the first successful flip of a recently closed hotel/condo unit on the 21st floor. From the Sun-Times: The sale “shows that there’s a resale market, and that’s good news,” said Tere Proctor, who is sales associate for Koenig & Strey […]

If you go on certain of the Chicago Architecture Foundation’s walking tours, you might hear them mention Contemporaine, the concrete modern “masterpiece” at 201 W. Grand in River North. Built in 2004, it only has 28 units (it was supposed to have more but owners combined units.) We’ve chattered about a penthouse unit with its own […]

We are so used to the granite, stainless steel and other “modern” interiors we forget that only ten years ago, those weren’t the norm in conversions and new construction in the city. 300 W. Grand in River North is a loft building that was converted in the 1990s. Some of the units have been upgraded […]