On March 5, I saw a listing for a foreclosed unit come on the market in Millennium Centre, at 33 W. Ontario, in River North. This building is one of the leading buildings for foreclosures in the city (along with, among others, The Sterling and River City.) But before I could blink, it was already snapped […]
The Parc Chestnut, at 849 N. Franklin, on the fringe of River North and the Gold Coast, started closings in 2006. Recently, from sales records, it looks like the developer finally sold a bunch of the 16th floor penthouse units. Since the building has been marketed for over five years, and completed for two years, it […]
60 W. Erie in River North is distinctive for its green windows and balconies. It is a small, boutique building that first closed on units in 2003. Many of the units have nice layouts with windows in the kitchens and bathrooms. A two bedroom unit is on the market where the listing states: “Overseas Owner Wants Out!” Unfortunately, that […]
I last chattered about The Montgomery at 500 W. Superior in River North in October 2007. At the time, there were several 2 bedroom units on the market for under $500,000. One out of the three I last chattered about has sold. I can’t find sales prices for the other two so they might have been withdrawn. […]
David Roeder, the Sun-Times Real Estate columnist, wrote this week that a hotel/condo unit on the 21st floor has been successfully flipped in Trump Tower Chicago, at 401 N. Wabash in River North. The owners of a hotel unit on the 21st floor sold it for $899,000 after initially asking $1 million, said their […]
We’ve already seen some buyers in Trump Tower Chicago at 401 N. Wabash in River North put their units “on the market” when they haven’t yet closed. But now we’re starting to see the first of the CLOSED units come back on the market. This is, of course, in the hotel/condo portion of the building, the […]
Perhaps you’ve seen this amusing Craigslist post about a one bedroom unit at 200 W. Grand in River North. The headline reads: $439000 1800sf with 900sf private terrace! Must Sell! Basically, the unit is only 900 square feet but the terrace is also 900 square feet- so that’s how you get 1800 square feet. Brilliant. […]
In November 2007, I chattered about desperate sellers at 630 N. Franklin in River North. Four months later, some are still in “distress.” 630 N. Franklin is a CMK developed 165 unit mid-rise in River North. It closed in 2005. Unit #810 was in the short-sale process when I last chattered about the building. This time, it’s Unit #1105. […]
I talk a lot about condos that aren’t selling here in Chicago, but how about some that are? 55 E. Erie in River North, completed in 2003, is a very popular building with the upper crust set. Expensive units have always sold well in the building. Thanks to the Tipster who recently sent me information about two […]
Why haven’t prices come down much in Chicago? Sellers are holding onto the old mania prices and hoping someone will bite. And holding. And holding. And holding. Thanks to the tipster who sent me the information about the group of one bedroom units at the Union Square Lofts at 333 W. Hubbard in River North. The building […]