Archive for the 'South Loop' Category

Update on Stresses in 1717 S. Prairie in the South Loop

We last chattered about Unit #2301 at 1717 S. Prairie in May. At that time, the unit was listed for sale at about 40% off the 2006 sale price. A lis pendens was recently filed against the property. It continues to be on the market for the same price as in May. Here’s the listing: […]

Deal of the Month in the South Loop? 1111 S. Wabash

I can’t tell if this listing of a 3-bedroom unit at 1111 S. Wabash in the South Loop is a foreclosure or simply a short sale. But either way- this unit is priced at only a third of what it sold for 2.5 years ago. Is this the deal of the month in the South Loop? There is no […]

Dramatic Changes in the South Loop: 1247 S. Plymouth

How much have things changed in the South Loop in just the last decade? The prior sales prices of this single family home at 1247 S. Plymouth tell some of the tale. This house is part of a rare group of single family homes that, when they were built in 1991 as part of a […]

South Loop Townhouse Selling at a Loss: 1938 S. Prairie

The listing for this 2-bedroom townhouse at 1938 S. Prairie in the South Loop simply lays it out there: “Priced below original purchase price — owner relocating!” But from the sales info, it appears that there hasn’t been much appreciation in the property in a couple of years. South Loop townhouses have been hot the last 5 […]

3br Condos Still Available Under $400k: 1111 S. Wabash

We last chattered about 1111 S. Wabash in the South Loop in January 2008. The building started closing on units in 2004. In January, there were 2 three-bedroom units on the market and one was priced under $400k. They aren’t large, only 1200 square feet, but they’re still 3 bedrooms. Here are the room  sizes […]

Flipper Alert: A 2/2 under $300k in 1720 S. Michigan

We’ve chattered about the modern new highrise at 1720 S. Michigan in the South Loop before. CMK, the developer, is still trying to sell units in the building, which began closings in the Summer of 2007. This two bedroom unit caught my eye. It’s the cheapest two bedroom that has two full baths. Here’s the listing: 2 bedroom, […]

Prices Continue to Fall in River City: 800 S. Wells

We last chattered about River City, the American Invsco conversion at 800 S. Wells in the South Loop, in March 2008.  At that time, foreclosures were selling at 55% off prior sales prices. Were buyers who bought the 3-bedroom duplexes in the last year a bit too early? What about buying now? Prices have continued to […]

Back to 2005 Prices? 1250 S. Indiana in the South Loop

1250 S. Indiana is a 168 unit 2005-constructed building in the South Loop just behind One Museum Park. It has a good location, for those who want to be near Grant Park and Roosevelt Road’s transportation options. The building wasn’t built as a “luxury” building. Many of the two bedroom units are on the smaller side (under […]

Short Sale Deal in the South Loop: 1101 S. State

Apparently, this two bedroom unit at 1101 S. State in the South Loop is another one of those where the price has evoked a feeding frenzy. Thanks to the tipster who sent me info on this unit (and told me that a bunch of buyers flocked to see it last weekend.) 1101 S. State was built in 2005 […]

“Special Price” on Floors 7-18 in The Vetro: 611 S. Wells

We’ve chattered about The Vetro, the 232-unit new construction high rise at 611 S. Wells in the Printer’s Row neighborhood of the South Loop, in prior months. There have been some flippers trying to sell and/or rent in the building. It is only about 50% sold from the developer and closings began several months ago. I was […]