Archive for the 'River North' Category
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 […]
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 […]
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 […]