Archive for the 'South Loop' Category

River City Foreclosures Continue: 800 S. Wells in Printers Row

We last checked in on River City, at 800 S. Wells, in Printers Row in the South Loop in July of 2008. Back then, some foreclosures and short sales were selling, but the building was still among the top for foreclosures and short sales in the downtown. See our prior chatter and pictures here. But never fear […]

Developer Reducing Some Prices in The Columbian: 1160 S. Michigan

There are still plenty of units to choose from in The Columbian, the 2007 new construction high rise at 1160 S. Michigan in the South Loop that sits at the corner of  Grant Park and Roosevelt Road. Current stats on the building (out of 220 units): 64 for sale 7 for rent Remember, some units may […]

The Vetro is 85% Sold After Lowering Prices to Auction Levels: 611 S. Wells

Thanks to the tipster who sent me information regarding the current state of sales at The Vetro, the new modern high rise at 611 S. Wells in the South Loop. Many of you have sent me e-mails inquiring as to how sales were progressing now that the developer lowered prices on ALL units to prices […]

Million Dollar Penthouse 60% Off: 40 E. 9th in the South Loop

We chattered about reductions on the penthouses at the Burnham Park Plaza Condos at 40 E. 9th in the South Loop in July 2008. At that time, this 2-bedroom penthouse duplex, Unit #1902, was on the market for $1.2 million after having sold for $1.1 million the year before. It has since been reduced by […]

Another South Loop High-Rise Begins Closings: 1629 S. Prairie

Another South Loop high rise, 1629 S. Prairie, is beginning to close on units that were sold in 2006. Here are the building stats I could put togther from the MLS (out of 268 units): 138 for sale 7 for rent Some may be both for sale AND for rent. Some buyers are already on Craigslist trying […]

We Love Terraces: Have Your Own Outdoor Kitchen at 611 S. Wells in the South Loop

Now that The Vetro auction is over, the question remains: what happens to the other owners in 611 S. Wells? This custom 2079 square foot 1-bedroom unit with an enormous terrace came on the market just before the auction. It clearly is in a different class within the building given its finishes. The listing states […]

We Love Authentic Lofts: 1528 S. Wabash in the South Loop

We’ve chattered about authentic lofts in Printers Row and Motor Row, but there are a smattering of other authentic loft buildings in the South Loop including the Imperial Lofts at 1528 S. Wabash. This 2-bedroom unit has 11-foot high concrete ceilings, brick and windows in both bedrooms. It has also been reduced by $15,000. Elizabeth Sheeran […]

Is the Vetro Auction Really a “Deal”? Look at 1255 S. State

The auction of 40 units at The Vetro, at 611 S. Wells, in the South Loop in early March is “big” news in the real estate world. The auction is being advertised all over the Chicago Tribune as well as such upscale newspapers like the Wall Street Journal. Even The Vetro itself is getting into the act. […]

First Short Sale in The Marquee: 1464 S. Michigan in the South Loop

We’ve chattered about The Marquee at 1464 S. Michigan in the South Loop several times since it began closing on units in early 2008. See prior chatter and interior pictures of the units here. Current stats on the building (out of 214 units): 17 for sale (on the MLS- developer may have more as the building is not sold […]

Developer Cuts Prices Again on South Loop Townhouses: 2301 S. Wabash

We last chattered in November 2008 about the developer slashing prices on 3 remaining townhouses at The Wabash Club at 2301 S. Wabash in the South Loop. At the time, the price cuts were $100,000 to $175,000 and the listing said, “Unbelieveable opportunity* These final units are priced well below prior sales in the complex. […]