Archive for the 'South Loop' Category

With The Market Apparently “Improving,” What Properties Will Try To Sell Again? 2000 S. Michigan

Longtime readers will remember this duplex up penthouse loft in the Locomobile Lofts at 2000 S. Michigan in the South Loop. We chattered about it several times because it originally came on the market in 2007 and stuck around until 2009 before it was withdrawn. See our May 2008 chatter here (with interior pictures). (What a […]

Are The Flippers Back? 1-Bedroom Loft Back on the Market at 1601 S. Michigan in the South Loop

  This 1-bedroom loft at 1601 S. Michigan in the South Loop just came back on the market after selling as a short sale sometime between December 2011 and February 2012 (I can’t tell exactly from the public record.) We last chattered about it in March 2011 when it was listed for just $100,000. See […]

Back To The 2001 Price For This South Loop 2-Bedroom? 1430 S. Michigan

  This 2-bedroom in the mid-rise at 1430 S. Michigan in the South Loop just came on the market. Built in 2001, it is a “soft loft” type unit with exposed duct work and concrete ceilings. The listing says, however, that the bedrooms have full ceiling height (which some soft lofts do not.) There are […]

Are Prices Still Falling for the 2/2s in One Museum Park? 1211 S. Prairie in the South Loop

By popular request, this 2-bedroom re-sale in One Museum Park at 1211 S. Prairie in the South Loop has been on the market since August 2011. In that time, it has been reduced $50,000. The listing says it has had $70,000 worth of upgrades in the kitchen and baths. The kitchen has cherry cabinets, stainless […]

One Year and a $155K Reduction Later for this Duplex Loft: 1530 S. State in the South Loop

We last chattered about this 2-bedroom duplex loft at Dearborn Tower at 1530 S. State in the South Loop in April 2011. See our prior chatter here. At that time it was listed for $734,000 but most of you thought it would sell for around $500,000 given what was going on in the South Loop […]

Want a 2-Bedroom South Loop Loft Penthouse Under the 2000 Price? 1307 S. Wabash

This 2-bedroom penthouse loft (is this even a loft???) at 1307 S. Wabash in the South Loop just came on the market. It has vaulted ceilings and, at 1680 square feet, is not your typical-sized 2-bedroom condo. The bedrooms have full floor to ceiling walls for added privacy. This unit has two outdoor spaces: a […]

Back to the 2000 Price for this 3-Bedroom South Loop Townhouse? 1619 S. Indiana

This 3-bedroom townhouse at 1619 S. Indiana in the South Loop has been on the market since February 2011. It is a short sale and has been reduced $65,000 in that time. It was also under contract in July but then fell out. It is a fee simple townhouse with an attached 1-car garage. All […]

We Still Love Authentic Lofts with Private Roof Top Showers: 1619 S. Michigan in the South Loop

We last chattered about this 2-bedroom authentic loft in the Studebaker Lofts at 1619 S. Michigan in the South Loop in July 2010. See our prior chatter here. The loft has a massive New York-style open layout with 17 foot ceilings, exposed brick walls, and a refurbished tin ceiling. Since it’s a top floor unit, it has […]

From $389,500 to $120,500 and “Cash Only” Just 4 Years Later: 320 E. 21st in the South Loop

We first chattered about the Chess Lofts at 320 E. 21st in the South Loop in June 2008 when the loft conversion building had just started closings. At that time, the flippers were active (remember them?) and “all offers considered” was the name of the game. See the June 2008 chatter here. Then, we chattered […]

Dramatic Price Reduction On This Bank Owned 2/2 South Loop Loft: 1528 S. Wabash

How long does it take to go from a regular listing to a distressed property to bank owned to being back on the market from the bank? In the case of this 2-bedroom loft at 1528 S. Wabash in the South Loop- it has been 3 years. And if the loft looks familiar it’s because […]