Crib Chatter

This 1-bedroom loft at 1601 S. Michigan in the South Loop was recently reduced to $100,000. It is a short sale. We’ve seen a bunch of one-bedrooms in the South Loop reduce to $100,000 in just the past few weeks in other buildings. The list price is now just $7,000 above the 1999 purchase price […]

This 2-bedroom unit in the Pointe 1900, at 1910 S. State, in the South Loop doesn’t have your typical new construction square box layout. As one of the turret units- it has a curved living room with multiple windows. It also has 2 balconies. The kitchen has stainless steel appliances and granite counter tops. The […]

This 2-bedroom unit in the highrise at 1111 S. Wabash in the South Loop has been on the market since December 2010. It is bank owned. It has been reduced $15,000 in that time and is now listed for $86,100 under the 2004 purchase price. The unit has 2 bedrooms and a den in 1320 square feet. […]

This bank owned 1-bedroom at 1620 S. Michigan in the South Loop recently came on the market. It is listed at $99,900, or $70,100, under the 2006 purchase price. It has hardwood floors, central air and washer/dryer in the unit. From the pictures, it looks like only the refrigerator is missing in the kitchen. There […]

This bank owned 3-bedroom unit at 1841 S. Calumet in the South Loop just came on the market. It is listed for $193,000 under the 2006 purchase price. From the pictures, it appears that all the kitchen appliances, the bathrooms, and even the washer/dryer are intact. The northeast facing unit has floor to ceiling windows with views […]

I wasn’t going to do any posts today, New Years Eve, but there is simply too much going on. Crain’s is reporting that 205 units in Astoria Tower, the new construction high rise at 8 E. 9th Street in the South Loop, will go rental shortly. The 248-unit building only sold about 39 units in the […]

Crain’s is reporting on a lawsuit filed in mid-December by Ronald Shipka Sr. and Gerald Fogelson, developers of One Museum Park at 1211 S. Prairie, against the building’s condo board. Says Crain’s: Their venture, which also includes Cleveland-based Forest City Enterprises Inc., still owns 41 units in the 298-unit tower at 1211 S. Prairie Ave., […]

This 2-bedroom penthouse unit at 41 E. 8th in the South Loop has been on and off the market since August 2009. It is now a short sale and is listed for about 45% under the 2003 purchase price. At 1600 square feet, the unit has a den and a private terrace with lakeviews along […]

This 2-bedroom concrete loft at 1516 S. Wabash in the South Loop has been on the market since May 2010. It has been reduced several times and is now listed $62,000 under the 2006 purchase price (if you include the parking spot.) It has 2-bedrooms but only 1 bathroom in 1114 square feet. The loft has […]

The last time we chattered about 125 E. 13th, a 2004-construction midrise building in the South Loop, was in February 2008 when the developer took out a full page ad in the Chicago Tribune about appreciation of the units in the Museum Park development. Turns out some of the original buyers in this building mentioned […]