If you’ve driven or walked down South Michigan Avenue along Grant Park you have gone past 1142 S. Michigan and probably didn’t even notice the building. It is a vintage mid-rise condo building with only 8 units- one per floor. The elevator opens directly into each unit. One of the units has just appeared […]
1717 S. Prairie is a 23 story, 171-unit building near the Prairie Historic District in the South Loop. It was built in 2004. Recently, a foreclosure popped up in the building. Unit #2201: (no details but #1801 is a 2/2 with about 1475 square feet) Sold in July 2006 for $667,000 Foreclosure auction price of $565,352 […]
As we talked about earlier this week, it appears that Terrapin is trying to convert Burnham Pointe in Printers Row into a rental tower. At Burnham Pointe, the question is whether a buyer will be willing to pay more than the roughly $98 million, or about $327,000 a unit, that Terrapin borrowed to finance the […]
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 […]