We chattered about rental “deals” in One Museum Park, at 1211 S. Prairie, on Grant Park in the South Loop in November 2008. At that time, you could either buy a 1460 square foot 2/2 for $890,000 (including the parking) or you could rent it for a list price of $2700 a month (including the parking.) […]
We’ve often chattered about condo units with private terraces and this 2-bedroom at 1250 S. Indiana in the South Loop has a large one. It’s also a corner unit so both bedrooms have windows. The unit was recently reduced by $14,000 and is listed below its 2005 sales price. Is this a deal? Alan Shultz at […]
Sellers continue to struggle to make any profit in 1720 S. Michigan, the 498-unit building in the South Loop that started closings in the summer of 2007. See pictures of the interior of the units in the building in our old chatter here. Not only do sellers have to contend with other flippers, but the developer has […]
We haven’t yet chattered about 41 E. 8th, a 2002 new construction high rise in the South Loop. The Craigslist ad for this 2-bedroom unit says it’s an “awesome opportunity” and that the seller is “motivated.” It also lists the price as $365,000 plus $35k for parking. In the realtor listing, the price is listed as $380,000 […]
There are thousands of new construction condo units coming on the market all over the South Loop. For those who bought a few years ago, it’s a struggle to compete against the new product and the foreclosure prices now popping up. In July 2008 we chattered about a 2-bedroom bank-owned unit at 1305 S. Michigan, Unit […]
We’ve chattered about this million dollar flip in The Columbian, at 1160 S. Michigan in the South Loop, a couple of times. The price simply seems to be following the market lower. It’s now been reduced by $455,000 since December 2007. Here’s the listing again: Spec Pnths at The Columbian. Excptnl flr pln w/ 9’6′ ceiling, […]
There have been several short sales in The Columbian, the 2007-construction South Loop high rise at 1160 S. Michigan. The building continues to struggle. Current stats out of 220 units: 57 for sale 7 for rent Some units can be both for sale AND for rent. We chattered about Unit #2502 back in May 2008 […]
Last June we chattered about “Special Pricing” on floors 7-18 at The Vetro, the new construction high-rise at 611 S. Wells, in the Printers Row area of the South Loop. It appears that those “special prices” that were for a “limited time” are still in effect on Units #1603 and #1607 (the units we chattered about […]