Archive for the 'River North' Category

New River North Condo Building: James Place

Anyone know anything about the James Place condominiums that are allegedly going to be built at 100 W. Huron in River North?  I was walking by Huron and Clark the other day and noticed their banner on some fences that surround a parking lot on that corner. How many stories is it?  I don’t know. […]

What’s Wrong with Erie on the Park?

If you go on one of the Architectural Foundation boat tours, they will inevitably mention Lucien Lagrange’s River North “masterpiece”, Erie on the Park, at 510 W. Erie.  Built in 2002, the building has become a signature building on the far west side of River North with its criss-cross design that is similar in feel to […]

Another Week, Another Sales Center for “Luxury” Condos Downtown

There have been signs for a new construction tower called The Huron at 8 E. Huron (corner of State and Huron) for some time but no sales center. YoChicago is now reporting that Tricia Fox at Keller Williams, who handles the sales, is having a “grand opening” on November 14 and then will open a sales […]

Foreclosures Mount in River North’s The Sterling

  The Sterling, at 345 N. LaSalle in River North, continues to live up to its name as the #1 building for foreclosures in downtown Chicago (and possibly ALL of Chicago).  Two new auctions were held this week: Unit #2710: 1 bedroom, 1 bath Sold in December 2003 for $329,500 Auction price of $269,643 Unit #2804: studio […]

The Housing Slowdown Is Hitting Chicago’s Luxury Market

  There are just certain buildings that keep their cache and 55 E. Erie is one of them.  Popular with the uber-rich because of the location (in the middle of River North, just off the Mag Mile) and the finishes (which were tastefully upscale), the building has always seen stellar sales and re-sales.  It also […]

Trying to Make a Big Profit at The Montgomery

       The pictures above don’t do the units justice.  The Montgomery, at 500 W. Superior in River North, is more than just the building that houses Japonais and now Brassiere Ruhlmann Steakhouse, a french inspired steakhouse.  The old Montgomery Wards headquarters, originally constructed in 1972 by architect Minoru Yamasaki, who designed the World Trade Center, was converted […]

The Sterling Distress Continues with Foreclosures and a Special Assessment

  I have already discussed how The Sterling, at 345 N. LaSalle, in River North, is the #1 Foreclosure Building in Chicago, a title one would not want to be holding, that’s for sure. But things in the building seem to get worse by the month.  Yet again, owners in the building appear to be in […]

Best Deal in River North: Admiral’s Pointe

    It’s grown increasingly difficult to find any affordable two bedroom condos in River North.  Most now run well over $400,000. But if you look around, you can find decent square footage for less.  Such has always been the case with Admiral’s Pointe at 645 N. Kingsbury.  Surrounded by more glamorous neighbors such as […]

When it pays to rent instead of to buy: 400 N. La Salle

    400 N. La Salle was originally an apartment building in River North which was then converted into condos soon after it opened.  It’s one of those buildings you may have walked or drove by a million times and not noticed it.  Not that there is anything inherently wrong with it.  But it looks […]

Chicago Condo Owners Not Making Money at the Farallon: 600 N. Dearborn

  The Farallon at 600 N. Dearborn in River North is famous in Chicago housing market history if only because it was the building that seemed to set off the condo boom in River North and Streeterville.  When the sales center opened in the late 1990s after years of little new construction, condo units sold […]