Archive for the 'South Loop' Category

“Hurry Before It’s Gone” in 1620 S. Michigan in the South Loop

We’ve chattered several times about the foreclosures and distressed sellers in 1620 S. Michigan in the South Loop. This 2-bedroom unit has been on the market for 9 months but the listing says you should “hurry” before it’s gone. This unit is also subject to lender’s approval and has been reduced by $70,000. It has […]

Foreclosure Alert: 2-Bedrooms Under $240K: 1601 S. State in the South Loop

This newer 2-bedroom condo at 1601 S. State in the South Loop is bank owned. It has also been reduced by $20,100 from its original list price in July. It has hard wood floors, granite countertops and stainless steel appliances in the kitchen. It also has in-unit laundry and central air. The only thing it is missing […]

South Loop Loft Listed 69% Off 2007 Purchase Price: 1020 S. Wabash

This huge 1-bedroom loft at 1020 S. Wabash in the South Loop has been on the market since July. It is being sold “as-is.” It has been reduced several times and is now listed for 69% under the 2007 purchase price.  It is also listed for $131,400 under the 2004 purchase price. While only a 1-bedroom, […]

Foreclosure Alert: 2-Bedroom in the South Loop: 1250 S. Indiana

Many buyers are specificially looking for foreclosed properties, believing they are the better “deal”. This 2-bedroom bank owned unit in the mid-rise at 1250 S. Indiana in the South Loop just came on the market. It is actually priced $6,000 higher than the 2005 purchase price. The kitchen cabinets appear to be intact (from what […]

1000 Square Foot Terrace Unit at the Vetro Reduces: 611 S. Wells

We last chattered about this 2-bedroom unit with a huge terrace at The Vetro, at 611 S. Wells, in the South Loop in June. See our prior chatter and pictures here. Since then, it’s had two reductions totaling $54,900 and is listed $45,500 under the 2007 purchase price. The terrace is still described as a […]

Foreclosure Alert: Who Needs a Kitchen? 1620 S. Michigan in the South Loop

We’ve seen several condo units that have been missing their kitchens before. This one at 1620 S. Michigan in the South Loop is not only missing the kitchen, but it looks like the toilet and bathroom sink is missing in at least one of the bathrooms as well. But if a little renovation doesn’t scare you, is […]

The Perfect South Loop Location for a Townhouse? 1352 S. State

The townhouses in the Dearborn Park II development, at 1352 S. State, were built before the South Loop was considered trendy. This 2-bedroom doesn’t skimp on square footage. It boasts 2000 square feet with a 1-car garage and room for another car out front. Built in 1991, it has skylights, a fireplace and a side-by-side washer/dryer. […]

Trying to Sell in Wells Street Tower After The Vetro’s Price Cuts: 701 S. Wells

Wells Street Tower, at 701 S. Wells, in the South Loop was the hot new construction building of its time in 2002, when there was little new product in the Printers Row neighborhood. This 2-bedroom corner unit is on a high floor and has northeast views of both the city skyline and the lake. It […]

We Love Terraces: Second Chance at The Vetro: 611 S. Wells

In March we chattered about a unit at the Vetro at 611 S.  Wells in the South Loop with a 950 square foot terrace with its own outdoor kitchen. It was priced then at $869,000 (now reduced to $849,000). See that chatter and pictures here. But if that’s too pricey for your taste, check out the […]

South Loop Brick Loft Reduces Again: 1528 S. Wabash

We last chattered about this 2-bedroom brick loft at 1528 S. Wabash in the South Loop in February. See our prior chatter and pictures here. It is still on the market and has now been reduced by $38,000. This is a rare loft in that the walls to the bedrooms actually go to the ceiling, […]