You might think that all townhouses have to be two bedrooms or more. But in Dearborn Park II in the South Loop, built in 1993, some of the townhomes were built with only one bedroom. These have their own single garages. Some of the bigger two bedroom units have two car garages. Some have decks on […]
I know a few of you went on the South Loop Trolley Tour offered by Re/Max agent Rebecca Thomson last fall. If you missed that one- nows your chance. She’s running it again on Sunday, April 27. It’s free. The trolley will take you to several sales centers in the South Loop. You must register (because, […]
What’s selling? Units under $400,000. What’s not? Units over $400,000. Therefore, to sell, price under $400,000. That’s what a bunch of owners are doing at 1305 S. Michigan, the Museum Park Lofts, in the South Loop. The building was built in 2006 but because of all the construction surrounding it, it doesn’t seem to have […]
More developers are getting into the “free parking” incentive game. Printers Corner, a new mid-rise building at 170 W. Polk in the South Loop, is now offering free parking for those who “purchase and close by April 1, 2008.” Parking was $36,000 before this “deal.” There are a few units being flipped. At least three are available to […]
The developers at 1400 S. Michigan Avenue, or Michigan Avenue Tower II, in the South Loop are now giving out free parking when you purchase a unit at the building. Their ad says: “About 30 units are still available for purchase, so buyers still have an excellent selection, including residences with Lake Michigan views and […]
We’ve talked about the prices in the South Loop compared to the North Side before. But what about a truly classic 1870 mansion and coachhouse? And I do mean MANSION. This house puts the new McMansions to shame. The Elbridge Keith Home at 1900 S. Prairie is 12,000 square feet, including a coach house. Here’s an original picture […]
I hope some of you saw the full-page ad in the Sunday Chicago Tribune for Museum Park at Central Station. It had a headline which stated: “An Unmatched Record of Value and Appreciation in Chicago’s Most Successful Lakefront Neighborhood” The ad then listed 7 buildings and various units from the buildings to show buyers how […]
A million dollars used to mean something in the Chicago condo market. It might not be huge, but at least that price point meant luxury finishes and amenities. Not anymore- if you believe the asking prices on these condos in the South Loop. Prairie Pointe at 1600 S. Prairie in the Central Station neighborhood of the South […]
The South Loop can be overwhelming for buyers. There seems to be new construction going up everywhere. Imagine going to the sales centers down there? Where would you start? In a brilliant bit of marketing, one agent, Rebecca Thomson from Re/Max Vision, is now offering the “South Loop Tour.” This Sunday, January 13, she is renting […]